Saturday, May 24, 2008

Communication strategies & planning: Pull (MR, unit 6)

The 3Ps:
  1. PULL strategy - to reach consumers
  2. PUSH strategy - to reach channel members
  3. PROFILE strategy - to reach all stakeholders
PULL - stimulate demand by encouraging consumers to pull products through the channel
DRIP
Differentiate - reposition and add value, so customer clear what brand means
Reinforce - remind lapsed customer of values and encourage to buy again
- reassure customers that recent purchase was wise
Inform - build awareness so when customer thinks of category, thinks of brand
- raise awareness at certain times: new variances, competitor entrants
Persuade - to behave in certain way (try, call for catalogue, collect tokens)

The ‘Strongtheory assumes that advertising works by conversion [ads directly persuade consumers to purchase]; in contrast, the ‘Weaktheory assumes advertising works significantly by reinforcement [create long-term memory & recall].

Strategy differs according to frequency of purchase:
  • Routine - reinforce brand values, ensure high level of pack recognition at point of purchase
  • Less regular - provide reassurance purchase is appropriate, use advertising to remind benefits of brand usage and advantages over competitors
  • Infrequent - establish brand values, provide information on how it performs better than competitors
B2B & B2C strategies
B2C - common to use advertising & sales promotions

B2B - common to use personal selling

No buyer is more rational as decisions always taken by people.

B2B:
The Decision Making Unit (DMU)
  • Many people make decision
  • Each may require different information: performance, financial, technical
  • Product may be monitored for B2B needs
  • Personal contact most common (often in-depth if big order or negotiations lengthy)
B2B: Possible marketing communications objectives:
create & maintain awareness, generate sales leads, pre-sell sales calls, contact minor members of DMU, build corporate & product images, communicate technical information, support promotional effort

Internet has transformed MC in B2B - extranets & intranets enable closer relationships
Personal selling most motivating BUT most expensive

B2B:
Create & reinforce awareness
  • Interval between purchases may be long so need to ensure cost-effective way of retaining contact & awareness
  • Direct marketing may be most cost-effective solution:
    • generate leads by maintaining contact
    • create corporate & product awareness by tailoring messages to job functions
    • pre-awareness of the proposition results in a more effective sales visit

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