Communication Mix (10).Ppt [Repaired]

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  • 7/30/2019 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