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Launch! Advertising and Promotion in Real Time, 2009a

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Pool Resources with Associations <strong>and</strong> Loyal Customers<br />

One way to extend the reach of a small budget is to pool resources through a trade association. For<br />

example, small whiskey distilleries pool their ad money through the Distilled Spirits Council of the United<br />

States. Similarly, the California Rais<strong>in</strong> Board is an association of rais<strong>in</strong> growers throughout California;<br />

we’ve already seen how effective this group is. Us<strong>in</strong>g word of mouth is another key strategy: loyal<br />

customers become de facto br<strong>and</strong> ambassadors who spread the word to others. Third, develop Web<br />

<strong>in</strong>itiatives that allow people to <strong>in</strong>teract with the br<strong>and</strong>. Small companies rely on creative ideas to generate<br />

curiosity <strong>and</strong> conversation that will draw free publicity.<br />

Go Small <strong>and</strong> Local<br />

Another low-budget option is to sponsor local or niche events. Red Bull energy dr<strong>in</strong>k drove its growth by<br />

sponsor<strong>in</strong>g niche extreme sports that traditional big-budget corporate sponsors ignored. F<strong>in</strong>ally,<br />

companies that make products can consider conduct<strong>in</strong>g local tours of their factories or facilities as a way<br />

to <strong>in</strong>troduce new customers to their products, become a tourist dest<strong>in</strong>ation, <strong>and</strong> build publicity around<br />

that.<br />

KEY TAKEAWAY<br />

A strategy requires several pieces: First, set objectives for the promotion—<strong>and</strong> be sure to specify<br />

measurable changes you hope to achieve so you can determ<strong>in</strong>e how successful your strategy is. Second,<br />

set a budget (be realistic). Third, devise a messag<strong>in</strong>g strategy where you decide what you want to say <strong>and</strong><br />

to whom. F<strong>in</strong>ally, identify your promotional mix, be<strong>in</strong>g sure it fits the target customer you’ve decided you<br />

want to reach (don’t just pick the media you’re used to, or the ones that are “sexy,” if these aren’t the<br />

best fit to your customer). Even small bus<strong>in</strong>esses can implement an IMC strategy, but they have to be<br />

more creative when they harness local communications platforms to tell their story.<br />

EXERCISES<br />

a. List <strong>and</strong> describe the <strong>in</strong>tegrated market<strong>in</strong>g communications plann<strong>in</strong>g steps used <strong>in</strong> the California<br />

Rais<strong>in</strong>s promotional plan.<br />

b. Expla<strong>in</strong> how small bus<strong>in</strong>esses can use <strong>in</strong>tegrated market<strong>in</strong>g communications plann<strong>in</strong>g to enhance their<br />

promotional plann<strong>in</strong>g ability.<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

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