Free Essay

Integrated Marketing Advertising and Politics

In:

Submitted By ozimike
Words 3318
Pages 14
“Integrated marketing: advertising and politics”
Massey University Masters of Business Administration Marketing Unit Presented July 2013 Mike Richards Student ID 13154066

CONTENTS
CONTENTS ................................................................................................................................ 2 1. OVERVIEW ........................................................................................................................ 3 2. SUMMARY OF RESEARCH FINDINGS AND THE APPLICATION OF ADVERTISING THEORY TO POLITICS .............................................................................................................................. 5 A. B. C. D. E. 3. 4. Advertising, Promotion, and Other Aspects of Integrated Marketing Communications (Shrimp & Andrews) 2013 .............................................................. 5 Advertising Theory (edited by Shelly Rodgers & Esther Thorson) 2012 .................. 6 Advertising and Society – Controversies and Consequences (edited by Carol J. Pardun) 2009............................................................................................................... 7 Advertising and the Market Orientation of Political Parties Contesting the 1999 and 2002 New Zealand Election Campaigns. ..................................................................... 7 Political Campaign Communication Principles & Practises (Trent and Friedenberg 2008) ............................................................................................................................ 9 IS ADVERTISING THEORY RELEVANT TO POLITICAL ADVERTISING? ............................ 9 CONCLUSION .............................................................................................................. 10

APPENDIX ........................................................................................................................... 11 REFERENCES ....................................................................................................................... 12

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 2

1.

OVERVIEW

The topic selected for this paper “Integrated marketing: advertising and politics” was chosen by the writer following a history of personal and professional interest and involvement in these areas, viz., advertising and politics. The writer has worked as a research officer for a member of parliament and also in the advertising industry primarily through the media – in newspaper publishing. Involvement in the management of political election campaigns at regional level has also contributed to a strong interest in the topic of this paper. This background has led to the writer’s current work in communications within a government agency. Further, the writer harbours an aspiration to work at a high level within Government in a senior marketing communications role. Integrated marketing is one of the key components in Holistic Marketing. Holistic marketing is best described as a comprehensive and unified approach which incorporates the design, development and execution of marketing plans, activities and processes and acknowledges both their interdependencies and scope. In essence everything matters in Holistic Marketing and a wide and integrated view is frequently required. The other three components of Holistic Marketing are: Internal, Performance and lastly Relationship Marketing.

Advertising sits within the marketing communications mix of eight modes of communication as defined by Kotler and Keller i which encompasses (in addition to
Integrated Marketing, Advertising and Politics: Mike Richards: 13154066 Page 3

advertising): sales promotion, events and experience, public relations and publicity, direct marketing, interactive marketing, word of mouth marketing and personal selling. Integrated Marketing Communications (IMC) refers to the integration of the elements in the promotional mix to effectively align or speak with one voice. Advertising is one element, the first major tool of IMC and it is an extremely high profile one due to the exposure we all have to it almost every day. Advertising is aptly defined by Shrimp and Andrews as “Advertising is any paid form of nonpersonal communication of ideas, goods, or services by an identified sponsor.” ii It is primarily the word ‘paid’ that distinguishes advertising from other marcom (marketing communications) tools or elements, particularly public relations which focusses on gaining free space (print) or airtime (radio, TV or digital) at no cost due to the ‘news’ value of the message (content). This definition has been expanded to accommodate more of what is going on in the current market place, e.g. the application of internet-based and web-enabled media such as social media. Marla B Royne surmises that “…the scope and definition of advertising are changing and expanding... to include the internet, mobile advertising and publicity, among others.” iii Indeed, Kotler and Keller also support this more contemporary definition “In this new communication environment, although advertising is often a central element of a marketing communications program, it is usually not the only one…” iv The writer believes that this more holistic view of advertising is both a comprehensive and more inclusive definition of advertising than traditional views, and has adopted this position when references are made to advertising in this paper. According to Shrimp and Andrews v advertising performs a number of different functions. These include: informing, influencing, reminding and increasing salience, adding value and assisting other company efforts. The influencing value of advertising is described by Shrimp and Andrews as “Effective advertising influences prospective customers to try advertised products and services.” vi Advertising has also been labelled as both a mirror on society and an agent of change. A seminal paper by Richard Pollay (1986) vii presented this construct about the role of advertising. The latter is the force that is most important in the formation of political advertising.

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 4

Therefore the introduction of a ‘political’ lens on the category of advertising enables a consideration of the impact of the persuasive (influencing) and informative aspects of advertising with particular emphasis towards one target audience, the voting public.

2.

SUMMARY OF RESEARCH FINDINGS AND THE APPLICATION OF ADVERTISING THEORY TO POLITICS

Although a wider library has been sourced for this paper, five key publications have been selected for review and a brief summary of the chosen texts and an illustration of their particular relevance is included here.

A.

Advertising, Promotion, and Other Aspects of Integrated Marketing Communications (Shrimp & Andrews) 2013

Specific insight gained for this paper was drawn from Chapter 9: “Advertising Management” which provides a comprehensive overview on advertising, complete with a well-developed definition and highlights the enormity of the advertising industry ($300 billion advertising spend in the United States alone in 2010), its role in the economy, and the functions advertising performs. The chapter explains that the influencing nature of advertising is the way we as consumers are often tempted to try a new product or service or to switch brands within a product category (e.g toothpaste) we already make purchases in. It is both the influencing and informing aspects of advertising that is most relevant here – especially in the context of political advertising and politics. The ‘influencing’ and ‘informing’ is done by use of reasoned arguments and emotional appeals. By way of illustration, imagine an advertising message that said “Your weekly fuel bill will increase by $35 if you vote Labour” - obviously a message like this has to be backed up by a taxation policy reference or similar but it does capture your attention and if well-reasoned could influence your voting intentions. Imagine an emotional appeal that said “National said no child will live in poverty by 2013. Try telling that to 23,471 Kiwi kids who don’t get 2 meals a day” – again the message is powerful and emotive – we get upset when kids don’t get well looked after. The chapter also includes a discussion about the investment made in advertising and its impact on revenue growth in companies versus reducing prices and an examination of

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 5

advertising expenditures and elasticity co-efficients in determining market share. This is less relevant to the theme of this paper.

B.

Advertising Theory (edited by Shelly Rodgers & Esther Thorson) 2012

This book delivers a series of contemporary examinations of key theories in the discipline of advertising. The book comprises case studies, readings, and a number of specific examples by prominent educators and advertising academics. It highlights the pervasive and persuasive aspects of advertising and how it is applied to influence behaviours and beliefs. It relates theory to modern advertising which includes consideration of traditional media (newspaper, radio, TV) and new media (digital and social media) and includes coverage of contemporary political issues, ethics and health-related matters. In all there are 38 chapters and the topics covered range from media analysis and decision making to Brand concepts and Advertising. The most relevant for this paper are: Four theories on how IMC works (Chapter 32), IMC, advertising research and the Advertising Discipline (chapter38). It is the latter chapter that provides some insight into the area of IMC and where Patricia Rose, with 20 years commercial marketing experience before turning ‘academic’ suggests that scholars are having difficulty reaching agreement on a suitable definition of IMC. This problem is largely due to the changing perception and definition of advertising, which is moving away from its original ‘paid form of… promotion’. Rose does however elevate the recognition and importance of IMC and states: “…IMC has made message delivery, and consequently media choice, far more important in the messaging process. In essence, acknowledging the consumer as the point of focus opened the way for publicity, promotions, word-of-mouth, direct and interactive marketing, and personal experiences to be deemed part of messaging.” viii This theory profoundly confirms the need for holistic and integrated political advertising messaging, given the very short timeframes of political advertising campaigns and the multiple touch points that are used in contemporary election campaigns. It also supports Robinson’s New Zealand findings. The book provides a useful and informative guide as to how advertising works and how it can be made more effective.

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 6

C.

Advertising and Society – Controversies and Consequences (edited by Carol J. Pardun) 2009

This book provides a thought-provoking point and counterpoint exploration of a number of topical subjects that reflect the importance of the impact of advertising on society. The book counts contributions from 25 experts (including the editing author) and addresses some of advertisings most contentious issues in a highly engaging format. The balance between practice and criticism is refreshing and the quoted additional references add both academic rigour and ease of reading to the work. It includes 12 topics, several being particularly relevant to this paper; ‘The Economic Impact of Advertising’, ‘Advertising and Social Responsibility: Being good is Always a Good Idea – Right? ‘Political advertising: Necessary, Necessarily Evil, or Evil Necessarily’ and ‘Political advertising serves and important role for American voters’. For this paper, the last two topics (above) sparked a great deal of interest and relevance. The latter has suggested that political advertisements have often had the ability to raise and discuss issues of concern to voters, which is supported by a US study conducted from 1952-2000 that “…found 65 percent of the ads were dominated by issue-related concerns…” and that “…ads considered issue-focussed has actually increased in the last two presidential elections.” (2002, 2005). ix A significant finding in this book is that political ads do in fact influence voters feelings and evaluations about candidates. This reinforces the need for the use of an integrated marketing approach to all communications as the alignment that comes from this form of discipline can add to the strength and value to the overall outcome of a campaign. It has been argued that political ads use: attack, acclaim or defences to appeal to voters and that “Political advertising allows for these roles in a way that news media cannot.” x These findings support the role of advertising in politics and that there is a strong need to coordinate all marketing communications activities in an integrated manner.

D.

Advertising and the Market Orientation of Political Parties Contesting the 1999 and 2002 New Zealand Election Campaigns. A Doctoral thesis by Claire Elizabeth Robinson, Massey University
(2006).

This work albeit substantial, is quite narrow in its focus but provided the only New Zealand perspective on the subject of this paper.
Integrated Marketing, Advertising and Politics: Mike Richards: 13154066 Page 7

Robinson suggests a connection between electoral success and market orientation. She proposes that through concentrating on market orientation is a message in itself, rather than simply being a management function. She looks at the advertising messages of the top polling parties in both the New Zealand elections of 2009 and 2002. The thesis covers electoral-party and voter-centric interpretations for electoral outcomes or results but adds a more rigorous academic dimension to the discussion. The subject matter is one that carries little or no precedent in New Zealand and manages to encourage support for a view that those parties that reflected their target audience in their advertising (images, language and style) scored more favourably in those target markets than would otherwise be the case. In essence those parties who campaigned with advertising that showed a relationship between party leaders and the target audience, in this case an ‘affinity for their target voter groups.” xi scored well at the polls. This in itself is a significant finding and one that warrants further examination. It suggests that if, for example a party was to target the Pacifica vote, creating campaign advertising with images of say a Fijian family around a lovo with a local political candidate, would resonate far better than depicting the same people in a shopping mall, and would deliver a higher R.O.I. (return on investment) on advertising funds invested. Given the non-compulsory voting system we have in New Zealand, the need to encourage every vote a party can muster takes on an entirely different meaning to say, the situation in the electoral system in Australia, where voting is compulsory and fines are applicable and enforced for those who fail to vote. xii This system has been operating in state elections for almost 100 years (1915) and Federal elections since 1924. Robinson’s paper concludes convincingly that “In the two elections studied here it was certainly the case that parties that demonstrated a strong voter orientation in their political advertisements also achieved their electoral goals… by showing images of voters and their environments and images of party leaders with voters.” xiii A further component of Robinson’s work that supports the function of IMC is that the various communication channels used were harmonised or consistent. “There was a visual consistency to their television, print and billboard advertising messages that rendered the messages easy to recognise and remember.” xiv

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 8

E.

Political Campaign Communication Principles & Practises (Trent and Friedenberg 2008)

This reference was first published in 1983 and was unique in what it presented. Back then it focused on speech communication principles and practices as they related to elective politics. The current iteration (2008) reflects a broader view of the ‘communication phenomena’ of political campaigns and provides insights into the tactical and strategic communications choices available to political campaigners and the communications practices and principles integral to election campaigns. Central to this paper, Chapter 10 “Advertising and Political Campaigns” takes a look at the selection of political advertising media, and reviews channels: direct mail, use of telephone to deliver ‘persuasive messages’, print advertising, radio, TV, video and cable TV, and the internet. Interestingly, the internet is featured as having 10 functions which covers a variety of activity including: information, fund raising, news, communication with supporters, polling and voting information, recruitment of volunteers, opinion seeking and even attacking opponents. This makes use of the internet an essential component of integrated marketing and goes beyond the communications function of advertising. The ability of the internet to galvanise target audience groups, such as supporters or endorsers is quite a powerful tool. An integral theme in this chapter is that the message itself is the key consideration and that it must be clear right from the early planning what this is and how it will be used. This supports the importance of role of integrated marketing and execution. “…advertising media are simply vehicles for conveying the images and ideas of candidates, and that it is the images and ideas, not the size of the commercial buy and the placement of the commercial buy, that ultimately are of the most consequence.” xv

3.

IS ADVERTISING ADVERTISING?

THEORY

RELEVANT

TO

POLITICAL

One of the vital ingredients in political advertising is quickly and efficiently conveying information to potential voters. In the ‘live’ campaign environment this information must be presented as: convincing, compelling and persuasive as it needs to elicit a response – that is, the encouragement of a person to cast a vote for a political party/candidate. The references cited in this paper confirm a number of key points regarding the need for an integrated marketing approach to political advertising.
Integrated Marketing, Advertising and Politics: Mike Richards: 13154066 Page 9

Most important is that following key themes or a ‘one voice’ approach can provide the ability to add power to each message that is presented and that this works best when a target audience (an identified specific group of voters) is presented with messages that are created to reflect those target audiences in terms of look, language, style and situation.

4.

CONCLUSION

Political advertising has, by virtue of the nature and time-frames allowed for election campaigns (quite short periods), a real need to be organised quickly and efficiently. Without a holistic view of marketing and a specific focus on an integrated marketing approach it would be almost impossible to be effective in using advertising to persuade and/or inform potential voters of the merits of supporting a particular party or candidate. The lack of basic research in the area of the use of integrated marketing in politics – particularly the communications (advertising) function warrants further investigation and would surely provide a very good return on investment. Manufacturers of major brands spend vast sums of money on market research and on testing and validating various IMC functions – they have no doubt about either its value or return. They also take a much longer view (in tern of product life-cycle and eventual maturity and sales plateau and then decline). If these same measures could be applied in the concentrated time-frame of an election campaign, the results could be quite dramatic. The only barriers to doing this would be the cost and any legislative restrictions such as in New Zealand where there is a total media blackout period prior to Election Day.

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 10

APPENDIX

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 11

REFERENCES i ii

Kotler, P and Keller, K, l, Marketing Management (P 500), 2012, Harlow, England, Pearson

Shrimp, Terence A and Andrews, Craig J, Advertising, Promotion, and Other Aspects of Integrated Marketing Communications (P 8), 2013, Mason, USA, South-Western Royne, Marla B, Chapter 35 pp. 542-543, Advertising Theory, Edited by Shelly Rodgers and Esther Thorson, 2012, New York, USA, Routledge iv v iii

Kotler, P and Keller, K, l, Marketing Management (P 500), 2012, Harlow, England, Pearson

Shrimp, Terence A and Andrews, Craig J, Advertising, Promotion, and Other Aspects of Integrated Marketing Communications (Pp. 241-244), 2013, Mason, USA, South-Western Shrimp, Terence A and Andrews, Craig J, Advertising, Promotion, and Other Aspects of Integrated Marketing Communications (P 242), 2013, Mason, USA, South-Western vii vi

Richard W. Pollay. "The Distorted Mirror: Reflections on the Unintended Consequences of Advertising" Journal of Marketing 50.2 (1986): 18-36.

Rose, Patricia B, Chapter 38, pp. 563-566, IMC, Advertising Research, and the Advertising Discipline, (P 564), Advertising Theory, Edited by Shelly Rodgers and Esther Thorson, 2012, New York, USA, Routledge ix viii

Pardun, C. J. (Ed.). (2009). (P 42) Advertising and society: controversies and consequences. Chichester, United Kingdom: Wiley-Blackwell.

Pardun, C. J. (Ed.). (2009). (P 38) Advertising and society: controversies and consequences. Chichester, United Kingdom: Wiley-Blackwell. xi x

Robinson, C. E. (2006). (P 5), Advertising and the market orientation of political parties contesting the 1999 and 2002 New Zealand general election campaigns. (unpublished PhD dissertation), Massey University, Palmerston North, New Zealand. http://www.aec.gov.au/Voting/Compulsory_Voting.htm

xii xiii

Robinson, C. E. (2006). (P 282), Advertising and the market orientation of political parties contesting the 1999 and 2002 New Zealand general election campaigns. (unpublished PhD dissertation), Massey University, Palmerston North, New Zealand. Robinson, C. E. (2006). (P 282), Advertising and the market orientation of political parties contesting the 1999 and 2002 New Zealand general election campaigns. (unpublished PhD dissertation), Massey University, Palmerston North, New Zealand. Trent, Judith S and Friedenberg, Robert V, Political Campaign Communication Principles & Practices (2008) (p 353), Maryland, USA, Rowman & Littlefield xv xiv

Integrated Marketing, Advertising and Politics: Mike Richards: 13154066

Page 12

Similar Documents

Premium Essay

How Social Medias and Modern Technology Have Affected Today’s World?

...Advertising Strategy How social Medias and modern technology have affected today’s world? I) The 90’s, a new communication way is born (1990-2001) a) Internet and the firsts social medias (1990-1997) b) The expansion of the market (1997-2001) jlb II) Web 2.0: a new influence for social medias (2002-2010) a) The booming market b) A new kind of addiction III) Social media: a revolutionary marketing tool a) Companies and politics b) Conclusion I) The 90’s, a new communication way is born (1990-2001) a) Internet and the firsts social medias (1990-1997) If we are speaking about social Medias we must deal with the enhancement of technologies. Effectively, social Medias can’t exist without the creation and the publication of internet, that’s why social networks are affecting today’s world. But what is a social media? Social media is a web site or a platform allowing all users to publish data in purpose of sharing with other people. It can be messages, photos, videos, wikis etc… Nowadays, there are millions of social media users, so the question is how it all began? This global phenomenon was created in USA just after the publication of the internet during the early 90’s. Usually people assimilate social media by the development of web 2.0, but the first websites was founded before 2003 (creation of the term “web 2.0”). Indeed, in 1988 AOL created a new kind of social platform and in 1995, the network of Classemates...

Words: 1377 - Pages: 6

Premium Essay

Marketing Mix: Kotler on Marketing

...10/10/13 Marketing mix: Kotler on marketing - MaRS Discovery District Search AAA Resources by topic Workbooks Entrepreneurship 101 Funding Portal Search Tool Workshops 2688 3 Google + 1 1 0 Marketing mix: Kotler on marketing Marketing mix describes the set of tools that management can use to influence sales. The traditional formulation is called the 4Ps— product, price, place, and promotion. From the very beginning questions were raised about the 4P formulation of the marketing mix. Perfume companies wanted packaging to be added as a fifth P. 4P guardians said that packaging is already in the scheme, under product. Sales managers asked whether the sales force was left out because it began with an S. No, said the guardians, sales force is a promotion tool, along with advertising, sales promotion, public relations, and direct marketing. Service managers asked where services were in the marketing mix, or whether they, too, were excluded because the first letter was S. Here the guardians said services are part of the product. As services grew more important, service marketers suggested adding three Ps to the original 4Ps, namely personnel, procedures, and physical evidence. Thus a restaurant’s performance will depend on its staff, the process by which it serves food (buffet, fast food, tablecloths, etc.), and its physical looks and features as a restaurant. Others suggested adding personalization to the marketing mix. The marketer has to decide how personalized to make...

Words: 1270 - Pages: 6

Premium Essay

Chapter 19

...they gain to set the tone for the advertising program and help them select the media they will use to deliver the message to that audience. -Firms must keep in mind that their target audience may or may not be the same as the current users of the product Step 2: Set Advertising Objectives Advertising Plan- a subsection of the firm’s overall marketing plan that explicitly analyzes the marketing and advertising situation, identifies the objectives of the advertising campaign, clarifies a specific strategy for accomplish those objectives, and indicates how the firm can determine whether the campaign was successful. Generally, in advertising to consumers, the objective is a pull strategy Pull strategy- designed to get consumers to pull product into the supply chain by demanding it Push Strategies- designed to increase demand by focusing on wholesalers, retailers, salespeople. These campaigns attempt to motivate the seller to highlight product, rather than the product of competitors, and thereby push the product to consumers. 1.) Informative Advertising Informative Advertising is the communication used to create and build brand awareness, with the ultimate goal of moving the consumer through the buying cycle to purchase. Such advertising helps determine some important early stages of a product’s life cycle, particularly when consumers have little information about the specific product or type of product. Retailers often use informative advertising to tell their customers about...

Words: 1030 - Pages: 5

Premium Essay

Imc Apple

...Task You will write a report on three different campaigns that have used all or some integrated marketing communication (IMC) tools to achieve communications objectives such as awareness, image building, direct response and consumer engagement. A campaign has several executions under the same theme, so look for IMC campaigns where the same creative idea has been communicated across all or some IMC tools and media.   Report 2500 words Your report, with correct referencing has to cover the following elements: a. introduce the three different IMC campaigns briefly b. explain why you chose the three IMC campaigns c. Describe each campaign to cover its target audience, communication objectives (speculate if you need to if these are not described in your research resources), its campaign idea, and how all or some IMC tools were used to convey the idea. d. Include also how the three IMC campaigns had generated news media coverage and/or social media communication e. Analyse similarities and differences of the three IMC campaigns f. Conclude on your favourite IMC campaign and reasons g. Suggest integrated marketing communications tips for marketers based on your analysis of the three IMC campaigns individual reflection (500 words) include in your report at the end a reflection on these questions:   1. what were the  'high' and 'low' moments of self-directed learning during the research and writing process, especially since part of self-directed...

Words: 2176 - Pages: 9

Premium Essay

Mkt 438 Public Relations Final Exam Answers

...attitude, communication, explanation 3. Research, action, communication, evaluation 4. Research, analysis, communication, evaluation 3. The job of public relations professional is very much that of an “interpreter,” where he interprets: 1. Management to the public and the public to management 2. Management to the public 3. The public to management 4. Many publics to many managers 4. Which of the following trends contributed to the evolution of public relations in the United States? 1. Economic recovery from the depression 2. America’s expansion into the western part of the continent 3. The growth of big business 4. The rise of powerful political machines in Washington politics 5. Public relations goals must be defined by: 1. Good judgment 2. Public relations management 3. Marketing goals 4. An organization’s goals 6. Morale at the company was low after a series of severe firings. “I’ve got just the thing to get morale back up again,” said Darren, the firm’s public relations director. “We’ll start an employee television program. We start filming tomorrow.” What vital public relations step did Darren overlook? 1. Implementation 2. Communication 3. Research 4. Action 7. A public relations professional isn’t really communicating unless someone at the other end ___________the communication. 1. Hears 2. Hears and acts on 3. Hears and understands 4....

Words: 980 - Pages: 4

Premium Essay

Acac

...Marketing Management MGT 310-Module Handbook Marketing Management Module Handbook Course Code MGT310 BBA-5C Dr. Sher Akbar Faculty of Business Administration Department of Management Sciences Department of Management Sciences, CIIT Islamabad 1 of 8 Marketing Management MGT 310-Module Handbook Contents Introduction ................................................................................................................................ 3 Contacting the Module Instructor ............................................................................................... 3 Aims for this Course .................................................................................................................. 3 Prerequisites.............................................................................................................................. 3 Learning Outcomes ................................................................................................................... 3 Assessment Scheme ................................................................................................................. 4 Recommended Text & Reading Materials ................................................................................. 4 Course Requirements and Expectations ................................................................................... 4 Assessed Coursework ..............................................................................

Words: 1447 - Pages: 6

Premium Essay

Subway Marketing Plan

...5 Keys to success 2.6 Macro environment analysis 2.6.1 Economy 2.6.2 Culture 2.6.3 Politics, Rules and Regulations 2.6.4 Technology 2.7 Marketing objectives 2.7.1 Financial objectives 2.8 Positioning strategy 2.9 Marketing mix strategies 2.9.1 Product strategy 2.9.2 Pricing strategy 2.9.3 Promotion strategy 2.9.4 Distribution strategy 2.1 Situation Analysis 2.1.1Target market analysis According to Hitt, Ireland and Hoskisson, market targeting plays a vital role in a firm’s effort to penetrate a new market (81). In its operation, Subways provides a wide range of fast-food products such as salads and sandwiches. Within the Japanese market, Subways intends to position itself as a healthy fast-food firm. The firm targets individual customers who have a high level of disposable income. The firm targets customers who have appreciated consumption of fast-foods. In its internationalization process, the management team conducts a comprehensive market analysis in an effort to determine the feasibility of the success. Some of the elements which the firm considers include political and economic stability. 2.1.2 Primary target market In its operation, Subways have appreciated the importance of understanding the consumers’ behavior. Through a market research, Subways identified a primary market that is composed of individual customers who integrated the consumption of healthy fast foods options. The firm’s primary target market is mainly composed...

Words: 3094 - Pages: 13

Free Essay

Swort Analysis

...Copy and Paste the link below to download IMMEDIATELY!!! http://solutionsmanualtestbanks.blogspot.com/2011/10/accounting-principles-weygandt-9th.html Accounting Principles Weygandt Kieso Kimmel 9th Edition Solutions Manual -------------------------------------------------------------------------- Name: Accounting Principles Author: Weygandt Kieso Kimmel Edition: 9th ISBN-10: 047031754X Type: Solutions Manual - The file contains solutions and questions to all chapters and all questions. All the files are carefully checked and accuracy is ensured. - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs.  - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6 hours.  This is the quality of service we are providing and we hope to be your helper.  Delivery is in the next moment. Solution Manual is accurate. Buy now below and the DOWNLOAD LINK WILL APPEAR IMMEDIATELY once payment is done!  Prepare to receive your Accounting Principles Solution Manual in the next moment. -------------------------------------- Accounting Principles Solution Manual Here’s a sample list of all other solutions manuals we have, if you need any one of them please contact us at solutionsmanualzone@gmail.com -A Transition to Advanced Mathematics by Douglas Smith,...

Words: 9465 - Pages: 38

Premium Essay

Communication Plan for Google Tv

...Plan for Google TV Marketing MKT/571 Introduction Team B’s objective is to initiate a successful launch of Google T.V. In an effort to achieve success, we must develop effective communication with our domestic and international markets. Advertisements and promotional programs must be attention capturing and expressed in a way which is impressive to the customer. Our form of technology must be innovative in a way that will appease our targeted audience. These objects will be discussed thoroughly throughout this paper, and communication strategies will be compared for domestic and international markets. Developing and managing an effective marketing communications plan According to Kotler & Keller (2007) communication channels deliver and receive messages from target buyers, and include newspapers, magazines, radio, television, mail, telephone, billboards, posters, fliers, CDs, audiotapes, and the Internet. Effective communication is important to the success and failure of Google TV. Google TV has collected demographics, assessed the need of its services, identified issues, and opportunities, segmented its target market, and established the distribution channel. Google TV is ready to define measurable goals, its message, a budget, and a means to monitor, and evaluate the results. Google TV also needs to identify its form of media and develop a strategy. A goods strategic plan will help Google TV to manage cost and stay within its marketing budget. Google TV needs...

Words: 1990 - Pages: 8

Premium Essay

Bbs Introduce of Bbe

...ASB-3101 HUMAN RESOURCE MANAGEMENT Credits: 10 Contact hours: 23 Semester: 1 Pre-requisites: ASB-2104 Module organiser: Sally Sambrook Note: This module is available through the medium of Welsh (ACB-3101). Aims: To examine issues and developments in the field of contemporary human resource management (HRM). To develop an understanding of the complex issues facing human resource (HR) specialists and line managers in meeting their responsibilities for selecting, deploying, training, appraising, rewarding, relating to and retaining human resources. Learning Outcomes: On completing the module, students are expected to be able to: • Explain the contribution of the HR function to corporate strategy; • Discuss the processes of recruitment, assessment and selection; • Outline activities involved in developing human resources and facilitating learning; • Explain the link between rewards, motivation and performance; • Critically evaluate the changing employment relationship, assessing the role of trade unions and other forms of employee involvement. Module Content: • History of the HR function, theories and models of HRM; • The roles and responsibilities of stakeholders in HRM; • The changing nature of work, managing diversity, technology and flexibility; • Human resourcing: recruitment and selection, human resource planning; • Reward and performance management; • Employee relations, employment legislation...

Words: 9120 - Pages: 37

Premium Essay

Imc Capability and Brand Perdormance

...Journal of Advertising, 44(1), 37–46 Copyright Ó 2015, American Academy of Advertising ISSN: 0091-3367 print / 1557-7805 online DOI: 10.1080/00913367.2014.934938 Integrated Marketing Communication Capability and Brand Performance Sandra Luxton Swinburne University of Technology, Hawthorn, Australia Mike Reid RMIT University, Melbourne, Australia Felix Mavondo Monash University, Clayton, Australia Barney 2003; Wu 2010). Previous studies describe the IMC process as a marketing capability because it combines and converts tangible and intangible inputs into outputs (Ratnatunga and Ewing 2005; O’Cass and Weerawardena 2010). In this sense, IMC is a market-relating deployment mechanism that enables the optimization of communication approaches to achieve superior communication effectiveness, which has other downstream benefits (e.g., brand and financial performance). The development of an IMC capability is likely to be felt through better performing campaigns, which in turn result in improved brand outcomes such as market position and financial performance (Duncan and Mulhern 2004; Reid 2005). Given the competitive challenges facing most firms, it is vital that brand managers and their agencies identify and react to competition and growth opportunities rapidly by building and sustaining marketing capabilities strategically and linking these directly to organizational objectives (O’Cass and Weerawardena 2009). Despite much conceptual work around defining IMC and theoretical posturing about...

Words: 7960 - Pages: 32

Premium Essay

Green Marketing

...Peer Reviewed Title: An Introduction To Green Marketing Journal Issue: Electronic Green Journal, 1(2) Author: Polonsky, Michael Jay, University of Newcastle Publication Date: 1994 Publication Info: Electronic Green Journal, UCLA Library, UC Los Angeles Permalink: http://escholarship.org/uc/item/49n325b7 Abstract: The scope and importance of the relationship between business and the environment, and a survey of the pitfalls and abuses. eScholarship provides open access, scholarly publishing services to the University of California and delivers a dynamic research platform to scholars worldwide. Polonsky: An Introduction To Green Marketing An Introduction To Green Marketing Michael Jay Polonsky Department of Management, University of Newcastle, Newcastle NSW 2308, Australia. TEL: 61(49)216-911. Fax:61(49)216-911. INTRODUCTION Although environmental issues influence all human activities, few academic disciplines have integrated green issues into their literature. This is especially true of marketing. As society becomes more concerned with the natural environment, businesses have begun to modify their behavior in an attempt to address society's "new" concerns. Some businesses have been quick to accept concepts like environmental management systems and waste minimization, and have integrated environmental issues into all organizational activities. Some evidence of this is the development of journals such as "Business Strategy and the Environment"...

Words: 4256 - Pages: 18

Premium Essay

Proposed Acquisitions of California Pizza Kitchen and Carts of Colorado by Pepsico

...what value PepsiCo adds to them Pros: - needs to acquire CPK to learn casual dining. That's where the growth is, and internal attempts to develop casual dining in Pizza Hut Cafe have failed. whether CPK is merely a passing yuppie fad, or if it is a long-term market segment doesn’t matter to PepsiCo if it merely wants to learn casual dining. - PepsiCo startups failing Cons: - possibly PepsiCo’s failure to develop a casual chain internally, along with the real differences between fast food and sit-down dining, will prevent it from succeeding. •New segment that PepsiCo doesn't know - Yuppie casual dining • $11 check, dinner on pizza dough - PepsiCo ignorant of key success factors •high level waiter service •PR not advertising key to marketing •capital cost $1 - $2m, sales $3m not $800k, $800k. •New untested concept - 25 restaurants, 8 states, $34m sales, $3/4m net income - may be a "fad" •only seven years old - may not stretch beyond Yuppiedom 2. Should they buy Carts of Colorado? Pros: - while CoC's $8m sales is very small for Pepsico, the real market size is the revenue from non-traditional PODs, and this is potentially enormous ($2 billion to PepsiCo alone) The real reason to own CoC is to preempt Coke and MacDonalds in the best locations for the new POD. Other students object that location, not the cart, is the asset, and that even locations are easily imitable (i.e., one cart next to another at Fenway Park). The answer lies somewhere in between...

Words: 757 - Pages: 4

Premium Essay

Resorts World Sentosa

...1 Executive Summary 2 Company Description Resorts World Sentosa is the biggest leisure and gambling integrated resort which located in Singapore Sentosa Island. It is operated since early 2010. Resorts World Sentosa contains the only casino in Singapore which is Resorts World Casino, also the attractions included Universal Studios theme park Marine Life Park, Maritime Xperiential Museum and FestiveWalk. In the resort, it provides six hotel include Crockfords Tower, Hotel Michael, Hard Rock Hotel, Festive Hotel, Equarius Hotel and Spa Villas. As the six different hotels, it aims to provide 6 unique premium experiences in each different hotel. (Resorts World Sentosa Singapore n.d). Besides the hospitality facilities and attractions, travelers can have great experience through the wide range of Resorts World Sentosa’s services includes shopping, dinning, nightlife entertainment, gaming, meeting, events, kids club and spa. (Resorts World Sentosa Singapore n.d). It offers a wide range of over 45 retail outlets of luxury brands and must-buy items for you to shopping in the resort world. Also, international cuisine ranging from celebrity chef-run restaurants, bars and clubs would be provided for travelers choosing their favorite gourmet. (Resorts World Sentosa Singapore n.d). Travelers can dance with DJs and live entertainers, have cocktail with friends in nighttime, and the bars open till late. It makes your life non-stop. On the other hand, Resorts World Casino provides...

Words: 5930 - Pages: 24

Premium Essay

Advertising

...INTRODUCTION Advertising or advertizing in business is a form of marketing communication used to encourage, persuade, or manipulate an audience (viewers, readers or listeners; sometimes a specific group) to take or continue to take some action. Most commonly, the desired result is to drive consumer behaviour with respect to a commercial offering, although political and ideological advertising is also common. This type of work belongs to a category called affective labour. DEFINITION OF ADVERTISING ‘Advertising can be defined as any paid form of non personal presentation and promotion of ideas, goods or services through mass media such as newspapers, magazines, television or radio by an identified sponsor’¹. (Philip Kotler, et al., Principles of Marketing, 2002).That means that advertising is the device used by the companies to communicate with them consumers. Advertising is playing an important part in both, the companies life and the consumer also.: for companies because through advertising they promote or market them products, so they are able to sell large stocks of goods that they produce and create demand for new products and offers, and for consumers because enable them to choose between different types of products on the market. In Latin, ad vertere means "to turn toward".] The purpose of advertising may also be to reassure employees or shareholders that a company is viable or successful. Advertising messages are usually paid for by sponsors and viewed via various old...

Words: 4787 - Pages: 20