Launch! Advertising and Promotion in Real Time, 2009a
Launch! Advertising and Promotion in Real Time, 2009a Launch! Advertising and Promotion in Real Time, 2009a
8.3 Define Where You Want to Go: Set Objectives LEARNING OBJECTIVES After studying this section, students should be able to do the following: 1. Distinguish between marketing objectives and advertising objectives in a strategy. 2. Explain the DAGMAR model for setting objectives. Marketing Objectives Objectives state what outcomes will be achieved, while strategy defines how each objective will be achieved. Once you understand the marketing environment, the next step is to develop specific marketing objectives. Marketing objectives state what the marketing function must do so that the company can achieve its overall business objectives (such as growth, expanding its market share, or increasing profits). Marketing-related objectives are specific to the firm’s brands, customer segments, and product features. These might include “Grow sales of product X by 30 percent over the next twelve months” or “Increase market share among affluent consumers aged forty-five to sixty-five.” Samsung, for example, sells fourteen product categories in more than two hundred countries, which yields 476 category-country combinations. Samsung collects data systematically on each combination and uses that brand data to set better marketing objectives by country and product. [1] Advertising Objectives Advertising objectives are the specific communication tasks that an advertisement seeks to achieve. These tasks include trial (informing the consumer about a product), continuity (reminding the consumer of the product), and brand switching (persuading the customer to change from one brand to another). Often, the advertising objectives are tied to the product’s life cycle. For example, trial is usually employed at the start of a product’s life cycle to encourage customers to try the product. A firm pursues continuity objectives when a product is mature in order to remind current customers to continue buying the product. Brand switching, or switchback, occurs at later stages of the life cycle—particularly the rejuvenation phase, when the company highlights new product features or lowers the price of the product. DAGMAR Objectives The DAGMAR model (Defining Advertising Goals for Measured Advertising Results), developed by Russell Colley, is a way to set objectives and measure the results of advertising. Colley stated that the process of achieving an advertising objective can be broken down into four phases: Saylor URL: http://www.saylor.org/books Saylor.org 243
Awareness. Consumers must first be made aware that a particular brand or offering exists (“I’ve heard of it”). Comprehension. Consumers must understand what the offering is and how it will benefit them (“I know what it is”). Conviction. Consumers must decide to want to buy the product (“I want it”). Action. Consumers must actually buy the product (“I’ve bought it”). Communications Objectives The DAGMAR model states that advertising objectives must be concrete and measurable. That is, you want to have a precise statement of the message to communicate to the target audience and have a way to measure whether the intended message has been communicated properly. The measurement can be straightforward. For example, if your objective is that people perceive your product as the healthy alternative, you can measure the objective by asking shoppers whether they think your product is healthier than the competition. Creative Objectives The creative objectives deal with the form and content of the advertising. They define key elements of the message (what you want to say), emotional tone (how you say it), and production objectives (what the ad looks like). For example, the creative objective might specify that the advertising will reinforce existing aspects of the brand personality, modify old perceptions of the brand, or instill new brand characteristics. Media Objectives Media objectives define the who, where, and when of the target audience in the context of an overall marketing plan and budget. Note that media objectives don’t state which media will be used, because how you reach the audience is part of setting a media strategy. Elements of media objectives can include: Who: target audience objectives Where: geographic objectives When: timing, scheduling, reach, and frequency objectives Marketing coordination: sales promotion objectives Money: media budget objectives Saylor URL: http://www.saylor.org/books Saylor.org 244
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Awareness. Consumers must first be made aware that a particular br<strong>and</strong> or offer<strong>in</strong>g exists (“I’ve<br />
heard of it”).<br />
<br />
Comprehension. Consumers must underst<strong>and</strong> what the offer<strong>in</strong>g is <strong>and</strong> how it will benefit them (“I<br />
know what it is”).<br />
<br />
Conviction. Consumers must decide to want to buy the product (“I want it”).<br />
Action. Consumers must actually buy the product (“I’ve bought it”).<br />
Communications Objectives<br />
The DAGMAR model states that advertis<strong>in</strong>g objectives must be concrete <strong>and</strong> measurable. That is, you<br />
want to have a precise statement of the message to communicate to the target audience <strong>and</strong> have a way to<br />
measure whether the <strong>in</strong>tended message has been communicated properly. The measurement can be<br />
straightforward. For example, if your objective is that people perceive your product as the healthy<br />
alternative, you can measure the objective by ask<strong>in</strong>g shoppers whether they th<strong>in</strong>k your product is<br />
healthier than the competition.<br />
Creative Objectives<br />
The creative objectives deal with the form <strong>and</strong> content of the advertis<strong>in</strong>g. They def<strong>in</strong>e key elements of the<br />
message (what you want to say), emotional tone (how you say it), <strong>and</strong> production objectives (what the ad<br />
looks like). For example, the creative objective might specify that the advertis<strong>in</strong>g will re<strong>in</strong>force exist<strong>in</strong>g<br />
aspects of the br<strong>and</strong> personality, modify old perceptions of the br<strong>and</strong>, or <strong>in</strong>still new br<strong>and</strong> characteristics.<br />
Media Objectives<br />
Media objectives def<strong>in</strong>e the who, where, <strong>and</strong> when of the target audience <strong>in</strong> the context of an overall<br />
market<strong>in</strong>g plan <strong>and</strong> budget. Note that media objectives don’t state which media will be used, because how<br />
you reach the audience is part of sett<strong>in</strong>g a media strategy. Elements of media objectives can <strong>in</strong>clude:<br />
<br />
<br />
<br />
<br />
<br />
Who: target audience objectives<br />
Where: geographic objectives<br />
When: tim<strong>in</strong>g, schedul<strong>in</strong>g, reach, <strong>and</strong> frequency objectives<br />
Market<strong>in</strong>g coord<strong>in</strong>ation: sales promotion objectives<br />
Money: media budget objectives<br />
Saylor URL: http://www.saylor.org/books<br />
Saylor.org<br />
244