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picture1_Marketing Ppt 67535 | Imch 16


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File: Marketing Ppt 67535 | Imch 16
learning objectives local market characteristics that affect the advertising and promotion of products the strengths and weaknesses of sales promotion and public relations in global marketing when global advertising is ...

icon picture PPTX Filetype Power Point PPTX | Posted on 28 Aug 2022 | 3 years ago
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    Learning Objectives
     Local market characteristics that affect the 
      advertising and promotion of products
     The strengths and weaknesses of sales promotion 
      and public relations in global marketing
     When global advertising is most effective; when 
      modified advertising is necessary
     The effect of limited media, excessive media, 
      paper and equipment shortages, and government 
      regulations on advertising and promotion budgets
     The communication process and advertising 
      misfires
                                                          16-2
     Global Perspective
     Barbie Versus Mulan
     Integrated marketing communications (IMC)
        Advertising
        Sales promotions
        Trade shows
        Personal selling
        Direct selling
        Public relations
     Objective: successful sale of a product or 
       service
     Availability of appropriate communication 
       channels can determine entry decisions
                                                                16-3
     Sales Promotions 
     in International Markets
     Sales promotions
        Marketing activities that stimulate consumer purchases and 
         improve retailer or middlemen effectiveness and 
         cooperation
        Short-term efforts directed to the consumer or retailer to 
         achieve specific objectives
     In markets with media limitations the percentage of 
       the promotional budget allocated to sales promotions 
       may have to be increased
     Product sampling, cent-offs, in-store demonstrations, 
       coupons, gifts, product tie-ins, contests, sponsorship 
       of special events. Designed to supplement advertising 
       and personal selling in the promotional mix.
                                                                       16-4
     International Public 
     Relations
     Public relations (PR) is creating good relationships with 
       the popular press and other media 
        To help companies communicate messages to customers, the 
         general public, and governmental regulators
     Bridgestone/Firestone Tires (death of over 100 people) 
     Honda safety recall (Honda Accord)– (1.5 million in the 
       US and 760,000 in China) – transmission shaft - may be 
       broken during certain driving styles – causing engine 
       problem.
     Global workplace standards and product safety recall 
     Building an international profile – companies need PR 
       consultation to build an international profile
     Corporate sponsorships –as an aspect of PR, sports 
       events and charity events (Pizza Hut and KFC)  
                                                                      16-5
 Top 20 Global Advertisers 
 ($ millions)
      Exhibit 16.1
                                                                    16-6
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...Learning objectives local market characteristics that affect the advertising and promotion of products strengths weaknesses sales public relations in global marketing when is most effective modified necessary effect limited media excessive paper equipment shortages government regulations on budgets communication process misfires perspective barbie versus mulan integrated communications imc promotions trade shows personal selling direct objective successful sale a product or service availability appropriate channels can determine entry decisions international markets activities stimulate consumer purchases improve retailer middlemen effectiveness cooperation short term efforts directed to achieve specific with limitations percentage promotional budget allocated may have be increased sampling cent offs store demonstrations coupons gifts tie ins contests sponsorship special events designed supplement mix pr creating good relationships popular press other help companies communicate message...

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