Preview

Advertising on Print and Out-of-Home Media

Good Essays
Open Document
Open Document
1065 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Advertising on Print and Out-of-Home Media
Q1(p225) Strategic planning is the process of identifying, choosing and implementing the most efficient or profitable means of ensuring long-term compatibility between the internal skills and resources of an organization and competitive, economic and social environments within which that organization operates. The strategic process consists of five key questions, they form an iterative process of brand assessment that involves analyzing the relevant issues to do with the status of the brand, isolating the problem to solve, developing alternatives strategies, choosing the best from alternatives, and lastly monitoring the strategy’s success.
Q2(p225) The first aspect is Target Audiences and Publics. It includes more than just consumers, which consists of all those who might influence the purchase of product, such as investors, government, employees, suppliers and etc. Second aspect is the Media and Contact Points. Brand communication is designed to maximize all the various types of contacts that a consumer and other audiences might have a company or brand. Contact points, are also all the ways in places in which a person can come into contact with a brand, all the point where message is delivered. Then, the Integrated Effectiveness Evaluation as another aspect where evaluation should assess the campaign’s performance at a macro and micro level. Planners are interested in knowing what components contribute to its intended objectives and effects, and usually brand’s campaign is difficult to evaluate as there are multiple efforts with multiple objectives. The last aspect is the Evaluation of Other Communication Tools. As it stated, planners should look at all the tools that applied as many of these tools may be overlapped and they all need to be measured in terms of contribution to the brand.
Q3(p225) Account planners are those who in an agency who uses a disciplined system to research a brand and its consumer relationships in order to devise advertising message

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Riordan Strategic Plan

    • 731 Words
    • 3 Pages

    Strategic planning is the process of developing strategies for a business to achieve the greatest success possible with the best information currently available. The idea is to build a solid structure and plan of action to meet the objectives of the business. Additionally, a strategic plan focuses on the necessary guidelines the plan must have to ensure the organization meets set objectives. In connection, Riordan Manufacturing, Incorporated is a leader in the industry of manufacturing products by plastic injection molding.…

    • 731 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mgc1 Study Guide 2

    • 1051 Words
    • 5 Pages

    Strategic planning is designed to leverage the strengths of a firm while minimizing the effects of its weaknesses. It is difficult to know the potential advantage a firm may have unless external analysis is done well. For example, a company may have a talented marketing department or an efficient production system. However, the organization cannot determine whether these internal characteristics are sources of competitive advantage until it knows something about how well the competitors stack up in these areas.…

    • 1051 Words
    • 5 Pages
    Satisfactory Essays
  • Best Essays

    MHA 612 FINAL PAPER

    • 3334 Words
    • 10 Pages

    Strategic planning is describes the strategic management as the art of making complex, long-term, future-oriented decisions and taking actions that result in the formulation and implementation of plans designed to achieve a company’s objectives. The process focuses on the belief that a firm’s mission can be best achieved through a systematic and comprehensive assessment of both its internal capabilities and its external environment. Strategic management process is the implementation of the company’s strategy by executive management considering its resources, circumstances, and environment to position the organization to complete is mission in a cost-effective, efficient manner. The corporate goals, policies, and tactics are incorporated into this process.…

    • 3334 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Mkt 301 Exam 1 Study Guide

    • 1313 Words
    • 6 Pages

    Strategic planning: The managerial process of creating and maintaining a fit between the organization’s objectives and resources and the evolving market opportunities.…

    • 1313 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    P3 – Explain the role of advertising agencies in the development of successful promotional campaign Advertising is considered by many major organisations as a powerful marketing tool to increase sales and can enhance the image of their company/brand. They are also service provide who create an effective advert for their client company to help them meet their business objectives or built their brand image at a price. As there can be high competition in the market that a business operates in, advertising agency can provide service in creating, attracting attention, unique and memorable adverts. This is because advertising agency has specialist team who are responsible for researching the target market. So they know how to connect with the consumers very well. Before starting out any campaign or developing any ideas such agency tries to understand the product or the company. They try to get well acquainted with the client company and understand what they are trying to achieve. This information they collect is very essential as to create the commercial to the client of the satisfactory.…

    • 2597 Words
    • 75 Pages
    Powerful Essays
  • Good Essays

    Keeping in mind the goal of maximizing stakeholder wealth, companies should develop the strategic plans, which can help to move the business forward. “Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people”…

    • 851 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Strategic planning includes a group of organizational processes used to locate the desired future of the organization and aid in the development of a map to guide management in a direction to achieve the objectives and goals for the organization (Varkey & Bennet, 2010, p. 46). If performed correctly, the strategic planning process lead by senior management can be a fundamental tool to create a team building atmosphere and develop the desired employee cooperation and enthusiasm for current and future change and action needed during the implementation phase (Varkey & Bennet, 2010, p. 46). The authors describe in detail how organization’s senior executive leads the team through strategic analysis including a competitive market analysis, a SWOT (strength, weakness, opportunities, threats) analysis, as well as a financial accounting and management examination in correlation with current organizational structure and processes in place evaluating where potential changes need to occur (Varkey & Bennet, 2010, p. 46). The authors stress the executives should use the strength of the strategic planning process to clarify the purpose and vision of the organization in a way which inspires employees to work as a team to reach the organizational vision (Varkey & Bennet, 2010, p.…

    • 1789 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Strategic planning is an organisations process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and customers. Various business analysis…

    • 1554 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Strategic planning is the process followed by an organization in which it defines its strategies and makes plans for proper allocation of its available resources to achieve its objectives. While developing a strategic plan, it is essential to consider the various internal organizational factors in order to help the plan succeed. The internal organizational factor comprises of mission, vision, values and guiding principles, strategy and strategic objectives of the organization. Before creating any strategic plan, it is essential to know where the company is standing and where the company intends to go. The company must look at their have a look at the mission statement and the vision statement of the organization and then they must match it with the required demands and then frame the strategic plan. The mission statement depicts the purpose that an organization has and vision statement determines the future by formulating a picture of the organization. Therefore, they are the most important internal considerations for the development of a strategic plan .…

    • 676 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In current competitive business environment any company’s organisational goal is affected by company’s strategy planning and implementation. Strategic planning helps to develop internal and external future direction of the business and to define the needs to be anticipated and adapted to change with the external competitive market environment. It is related with marketing strategy, production and operations strategy, finance and other business objectives. A weak strategic marketing planning could create wastage of resources and miss the opportunities. Effective strategy is able to correlate the different operations within the organisation in order to reach a common goal.…

    • 5135 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Strategic Plan Overview

    • 1043 Words
    • 5 Pages

    Strategic planning is a necessary process to ensure an organization understands its future, and emerging operational environment and issues. Strategic planning also develops measurable plans, processes, and procedures to prepare for that environment and the future.…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Bbm Unit Guide

    • 4049 Words
    • 17 Pages

    Special Study Requirements: STAFF CONTACTS Subject Coordinator & lecturer: Email: Location: Tutor: Email: Location: SUBJECT DESCRIPTION Strategic Brand Marketing is the process of organizing marketing activities around the introduction, promotion and optimization of brands and brand portfolios. Since brands are…

    • 4049 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Financial Planning

    • 7682 Words
    • 31 Pages

    Strategic Plan – A multiyear action plan for the major investments and competitive initiatives that a firm’s senior managers believe will drive the future success of the enterprises. -…

    • 7682 Words
    • 31 Pages
    Powerful Essays
  • Best Essays

    Monitoring and evaluating marketing communications can be a difficult process as there are no real metrics for measuring advertisements within a campaign, advertising is not seen as a scientific or mathematical process and therefore evaluating the effectiveness of the campaign holistically can be made challenging.…

    • 2416 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Advertising and Promotion

    • 2837 Words
    • 12 Pages

    It is important for a business to choose how and when it will send messages to intended receivers. For example, a building society will only send information about a new savings product to its members by text or email, if they have specifically chosen to receive communication by that method. Sending information by this method to people who cannot receive text or email could result in losing an opportunity to sell a new product.…

    • 2837 Words
    • 12 Pages
    Better Essays

Related Topics