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Chapter 8
Establishing objectives and budgeting for the IMC program
Copyright 2012 McGraw-Hill Australia Pty Ltd
PowerPoint Slides t/a Advertising and Promotion 2e by Belch, Belch, Kerr & Powell
8-1
Learning objectives
1. To recognise the importance and value of setting specific objectives for advertising and IMC.
2. To understand the role objectives play in the IMC planning process and the relationship of marketing communication objectives to marketing objectives.
3. To know the differences between behavioural and communication objectives, and the issues regarding the use of each.
4. To recognise some problems marketers encounter in setting objectives for their IMC programs.
5. To understand the process of budgeting for IMC. 6. To understand the theoretical issues involved in
budget setting.
7. To know the various methods of budget setting.
Copyright 2012 McGraw-Hill Australia Pty Ltd
PowerPoint Slides t/a Advertising and Promotion 2e by Belch, Belch, Kerr & Powell
8-2
Problems
Determining objectives
Characteristics
Value of objectives
Hierarchy
Establishing the budget
Top down
Build up
Communication Objectives vs behavioural
Objectives & Budgets
Budgets
Budgeting approaches
Approaches to setting objectives
Setting objectives for IMC
Allocating the budget
AOS DAGMAR RTTT SMARRT
Copyright 2012 McGraw-Hill Australia Pty Ltd
PowerPoint Slides t/a Advertising and Promotion 2e by Belch, Belch, Kerr & Powell
8-3
The value of objectives
Objectives Consensus
Planning
& decision making
Measurement & evaluation
Copyright 2012 McGraw-Hill Australia Pty Ltd
PowerPoint Slides t/a Advertising and Promotion 2e by Belch, Belch, Kerr & Powell
8-4
Hierarchy of objectives
Marketing objectives
IMC objectives
Advertising objectives
Objectives for other elements of IMC
Copyright 2012 McGraw-Hill Australia Pty Ltd
PowerPoint Slides t/a Advertising and Promotion 2e by Belch, Belch, Kerr & Powell
8-5
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