Advertising Crm 114

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    Marketing

    Daksha Kovle

    Diana Pereira

    Nisha Phatak

    Rahul Telure

    Sonal Kubal

    Vinod Apte

    Varada Nandanwadkar

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    Advertising

    Advertising is any paid form of non-personal

    presentation and promotion of ideas, goods or services

    by an identified sponsor.

    Thus, Advertising is a powerful communicating force

    & a vital marketing tool-helping to sell goods, services,

    images & ideas through channels of information &

    persuasion.

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    History Of Advertising

    Three forms of advertising were used prior to the timethe printing press began to open the door to thedevelopment of modern mass communicationmedia.Namely,

    Trademarks

    Craftsmen used to place their individual marks on goodssuch as pottery & as the reputations of one particular

    artisan spread by word of mouth,buyers came to lookfor his distinctive mark.

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    Signs

    Each little shop had an inscription on the wall next to

    entrance to tell the passerby which shop it was.(e.g

    wine,pottery,bread etc)

    Town Criers

    Men were paid to circulate through streets announcingthe citizens of important news & other public events.

    Paying people to hold signs is

    one of the oldest forms of

    advertising.

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    Types Of Advertising

    Standard Advertising

    This type of advertising attempts to persuade us topurchase certain products & services.

    The motive is to sell & to create in the consumer theneed & desire for a product.

    Primary & Selective demand Advertising

    Primary demand advertising is designed to stimulatedemand for a category of product. E.g jute & products

    made from jute whereas, Selective demand is intended tostimulate demand for individual brands.E.g jute bags ofa particular company.

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    Co-Operative Advertising

    Co-operative advertising promotes products of two ormore firms that share the cost of advertising. E.g Amanufacturer and a few retailers may advertise for aproduct & share the cost of advertising.

    Social Advertising

    It is a type of public relations advertising & it as such

    has non-product,non-profit perspective.The main focusis on some matter of social importance.

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    Functions Of Advertising

    To stimulate consumer attention to advertised brand.

    To influence favourably the consumers perception of the

    advertised brand.

    To facilitate consumer retention of the advertised brand. To create favourable attitude towards the brand.

    To generate search & purchase behaviour towards the

    advertised brand.

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    Objectives Of Advertising

    Objectives of advertising can be broadly classified as

    Informative Advertising

    It appears mostly in the introductory phase where themarketer is trying to introduce the product to themarket.

    Persuasive Advertising

    It assumes importance in a competitive stage where acompanys objective is to build a demand for the

    product.Reminder Advertising

    It is of importance in the maturity stage of the productto keep the consumers think about the product.

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    Impact of Advertising

    Advertising has an important effect on a countrys

    economy, society, culture, and political system.

    Economic Impact

    Social Impact

    Cultural Impact

    Political Impact

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    Forms of Advertising

    Media

    Covert Advertising

    Television Commercials

    Newer media and advertising approaches

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    Forms of Advertising

    Hoarding outside the

    railway station

    Magazine Ad in 2003

    Ads on Trains

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    GlobalAdvertising

    Advertising has gone through five major stages of

    development: domestic, export, international, multi-

    national, and global.

    Four, potentially competing, business objectives.

    Three primary and fundamentally different approaches

    to the development of global advertising executions

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    What is CRM?

    Customer Relationship Management is defined by

    four elements of a simple frame-work:

    Know

    Target

    Sell

    Service

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    CRM Three views

    Technology Centric

    CRM is the tool that enables the integration of informationmanagement system so that a wide range of data aboutcustomer spread in enterprise can be used to plan,schedule and control pre-sales and post-sales activity.

    Customer lifecycle centric

    CRM is a comprehensive approach for creating,maintaining and expanding customer relationship.

    Strategy Centric

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    Why CRM?

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    Why CRM is required?

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    Comparison of CRM withTraditionalMarketing

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    Five Major Life Phases

    Prospect

    Responder

    New Customer

    Established Customer

    High School Marriage Children Working Retired

    Former Customer

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    CRM is a two stage concept

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    Oracle is no.1 in CRM Application

    Oracle CRM, which now includes Siebel, is the world'sleading solution for maximizing the value of yourcustomer relationships.

    Only Oracle lets you take advantage of your rapidly

    changing business environment. Only Oracle is certifying all of its enterprise CRM

    applications.

    Oracle CRM is the most-comprehensive, best-selling,and most-implemented CRM solution available today.

    Oracle (including Siebel) as the software provider in 60percent of CRM projects implemented in 2005.

    Oracle as the market-share leader in 27 (82 percent) of33 industries surveyed.

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    Thank You