Advertisement and Sales Promotion: Assignment - 2
Advertisement and Sales Promotion: Assignment - 2
Submitted to
Dr. Manoj Dash
Submitted by
SAKSHAM ARJANI | 2017IMG-076
1. Explain the different communication model in advertising and
promotion Management (10 marks)
The communication models of advertisement and promotion management are:
● AIDA Model
● Hierarchy of Effect Model/ Lavidge & Steiner Model
● Innovation Adoption Model
● Information Processing Model
● Attention: Attention is usually grabbed by the use of Image, colour, layout, typography,
size, celebrity fame, etc.
● Interest: Once the viewer's attention has been captured, it is vital to pique their interest
so that they will read more about the advertised brand. Interest can be piqued by using
an appealing subhead.
● Desire: The element of desire is typically established by the use of body copy, in which
you write in length about the importance of purchasing the brand, thereby explaining the
brand's qualities, statistics, and data.
● Action: Towards the finish, the brand's contact information will be provided, with the
expectation that viewers will take action right away.
The model was developed as a result of research on the diffusion of technologies. This model
depicts the stages that a consumer goes through when accepting a new product or an
innovation. Advertisers promote new items to raise consumer knowledge and interest, and then
persuade them to give the product a favourable rating. The easiest approach to assess a new
product is to put it to use and see how it performs.
Marketers frequently encourage trial by utilising demonstration or sampling programmes, as well
as allowing customers to try a product with little commitment. Consumers either adopt or reject
a product after a trial period. Information accessible from numerous sources, including
advertising, is likely to affect the decision to do an evaluation.
● Awareness Stage: The consumer has been exposed to innovation but knows very little
about it.
● Interest and Information Stage: At this point, the consumer is interested in innovation
and is attempting to gather more information.
● Evaluation: The consumer analyses several aspects of the innovation with existing
items, such as characteristics, features, performance, pricing, after-sales services, and
so on, to determine whether the innovation should be tried out.
● Trial Stage: Consumers are ready to sample or test a new product at this stage. He
studies it practically.
● Adoption Stage: If the trial yields positive results, the consumer decides to
adopt/purchase the innovation.
Category examples – Fragrance product ads (perfume, toothpaste, soap), condom ads
Category examples – Maggi ad, Airtel jingle ad, Lifebuoy “Lifebuoy hai janah tandaroosti hai
wahan”, Washing powder Nirma.
Category examples – mobile phone ads showing features, detergent ads showing superior stain
removal property.
Category examples – anti tobacco ads, toothpaste ads focusing on germ fighting property.
Category examples – ads giving gifts or lucky coupons or festival sales or limited period offers.
A product launch is a planned and organised effort by a company to introduce a new product to
the market and make it widely available for purchase. It also aids in the development of product
anticipation, the gathering of useful feedback from early users, and the creation of momentum
and industry awareness for the company.
● Soft Launch: When your product is introduced to the market quietly. This is how many
things sold from one company to another get their start. Products don't get much
attention, but if the product isn't quite ready for prime time, it's better to have a few
people look at it at a time.
● Basic Launch: For minor goods or small incremental product modifications, a minimal
launch gets the word out quickly and cheaply.
● Full-scale Launch: Aim for a full-scale launch to inform the entire globe (target markets)
about your product. Organizations typically devote a significant amount of time and effort
to do this. It's also the most likely to succeed.
2. During Launch
Success
FMCG - Marico’s Brands – Parachute and Saffola
1. Parachute Oil
● Traditional attachment towards coconut oil (loose raw oil and informal sector initially)
emotionally appealed to every household especially in South India because of its purity.
● Since then, the Parachute brand has expanded to include a variety of coconut-based
goods, including advanced skin cream. Hair cream, for example.
● Marico's success mantra is to concentrate on marketing and promotion efforts, as well
as the creation of distribution networks, which are supported by neighbourhood Kirana
stores and organised retail chains.
● Product supply met market demands and was available across the country thanks to
omni-channel selling.
2. Saffola
● With its focus on heart health and related disorders, Safflola refined cooking oil drew
consumers in the premium health-conscious category with its health-based appeal and
innovation.
● Horizontal brand growth into new areas - The Saffola brand has now been expanded to
include a variety of health-related products such as ready-to-eat oats, soups, and other
items.
● Marico, which owns both of these brands, has India's largest distribution network, which
is backed up by sophisticated advertising campaigns and targeted messaging.
There are several factors that put boAt on the road to success as mentioned below:
● Product durability and customer satisfaction at their best: The company strives to meet
the needs of consumers and manufacture goods based on their criteria. People have
been progressively asking for sports and fall-proof headphones with vast colour
variations over the last three years, which the brand has effectively catered to.
● Variations in the boAt Catalog: Earphones were included in the audio range. The
company titled its first earbuds BassHeads because Indians adore bass. Speakers,
soundbars, and home audio systems were launched by boAt.
● Well-thought-out marketing strategies: Instead of selling things in storefronts, boAt has
focused on online marketing. It purposefully avoided traditional media such as television
and print.
● Identifying the right audience: It offers fashionable and cheap items that appeal to young
people. Keeping this in mind, the boAt firm has appointed all of the industry's youthful
faces as brand ambassadors. These ambassadors represent Bollywood and cricket, two
of India's most popular loves (and obsessions). The development of sports earphones
and Bluetooth speakers has piqued the interest of fitness-conscious millennials. As a
result, clients select accessories that are appropriate for their workouts, hikes, trails etc.
Failure
FMCG - Timberland
Timberland decided to join the Indian market in the mid-2000s, but Woodland had become so
well-known by that time that consumers were sceptical of this new brand. It sounded like a
phoney brand, of course! Timberland was to Woodland what Abidas was to Adidas for many
Indians.
Timberland struggled to break into a market controlled by a brand that was just a pinhole away
from being dubbed a Namesake. They were forced to leave in 2015.
● Positioning is crucial.
● Identifying the target market
● Marketing and advertising that works
● Adaptability to changes (online-offline, pandemic impact, government rules and
regulations)
● Being technologically advanced is advantageous (adaptable by new generation as well
as old generation)
● An excellent supply chain network
● Brand memory suffers as a result of bad marketing efforts owing to incorrect brand
positioning.
● With limited resources, there is too much expansion.
● Connection with the target audience is poor or non-existent.
● Aggressive competition and a slow support system
● Inability to be innovative Failure to recognise the importance of technology
● A subpar i.e poorly developed product
● Bad celebrity image who endorses the brand
5. A leading hair oil company plans to enter into the antiseptic skin cream
business in competition with the market leader Boroline. Discuss the
positioning and Brand building strategies that the company can use.
● Modify the brand image: You can alter the brand image by changing the logo,
repositioning the brand, re-launching the brand, or adding the term "new" to the brand
name.
● Trying to strike a balance between new and existing target markets: To boost sales,
businesses might target a variety of market segments. All organisations must make
trade-offs between their marketing efforts to recruit new clients and their efforts to retain
existing customers. The target market for the brand can be divided into two age groups
because it has been on the market for over eighty years. One target market segment
could be between the ages of 16 and 25, while the other could be between the ages of
35 and 45. The brand must create two distinct commodities for these two target
audiences. This would ensure that the company's new and previous target markets were
considered during the process of reviving its brand.
● Identifying parts that have been left out: One method for reviving a brand is to
segment based on demographic parameters and look for underrepresented markets.
Boroline is missing out on a variety of market segments, such as summer items and
skin-care treatments.