Communication Mix (10).Ppt [Repaired]
Transcript of Communication Mix (10).Ppt [Repaired]
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 1
Designing theCommunications Mix for Services
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 4
Setting Clear Objectives: Checklist forMarketing Communications Planning ( 5 Ws)
Who is our target audience?
What do we need to communicate and achieve?
How should we communicate this?
Where should we communicate this?
When do communications need to take place?
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 7
Word-of-mouth(other customers)
Marketing Communications Mix for Services(Fig. 10.4)
PersonalCommunications
Selling
Customer service
Training
Advertising
Broadcast
Print
Internet
Outdoor
Direct mail
Sales Promotion
Sampling
Coupons
Sign-uprebates
Gifts
Prizepromotions
Publicity &Public Relations
Pressreleases/kits
Pressconferences
Specialevents
Sponsorship
InstructionalMaterials
Web sites
Manuals
Brochures
Video-audiocassettes
SoftwareCD-ROM
Voice mail
Signage
Interior decor
Vehicles
Equipment
Stationery
Uniforms
CorporateDesign
Telemarketing
Word of mouth Trade Shows,Exhibitions
Media-initiatedcoverage*
Key: * Denotes communications originating from outside the organization
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 8
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 9
What is Brand Equity and Why Does It Matter?(From Berry, Cultivating Brand Equity)
Definition: A set of assets and liabilities linked to a brandsname and symbol that adds to (or subtracts from) theperceived value of the product
Insights
Brand equity can be positive or negative
Positive brand equity creates marketing advantage for firm plus value for customer
Perceived value generates preference and loyalty
Management of brand equity involves investment tocreate and enhance assets, remove liabilities
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Slide 2004 by Christopher Lovelock and Jochen Wirtz Services Marketing 5/E 5 - 10
A Service Branding Model:How Communications + Experience Create Brand Equity
Firms Presented Brand(Sales, Advertising, PR)
What Media, Intermediaries,Word-of-Mouth Say re: Firm
Customers Experience with Firm
Awareness ofFirms Brand
Meaning AttachedTo Firms Brand
Firms Brand Equity
Source: Adapted from L. L. Berry ( Fig. 1)
Marketer-controlled communications
Uncontrolled brand communications