This document provides an overview of the promotional agencies and ethics in promotion. It discusses the various players in the advertising world like advertisers, agencies, media, freelancers, third parties, audiences, and regulatory bodies. It then describes the different types of agencies like full-service agencies, direct response agencies, in-house agencies, public relations firms, sales promotion agencies, interactive agencies, and creative boutiques. The document also covers ethics and social responsibility in integrated marketing campaigns and the impact of technology on marketing communications. It concludes with assigning the last topic on international marketing communications for submission by September 29th.
This document provides an overview of the promotional agencies and ethics in promotion. It discusses the various players in the advertising world like advertisers, agencies, media, freelancers, third parties, audiences, and regulatory bodies. It then describes the different types of agencies like full-service agencies, direct response agencies, in-house agencies, public relations firms, sales promotion agencies, interactive agencies, and creative boutiques. The document also covers ethics and social responsibility in integrated marketing campaigns and the impact of technology on marketing communications. It concludes with assigning the last topic on international marketing communications for submission by September 29th.
This document provides an overview of the promotional agencies and ethics in promotion. It discusses the various players in the advertising world like advertisers, agencies, media, freelancers, third parties, audiences, and regulatory bodies. It then describes the different types of agencies like full-service agencies, direct response agencies, in-house agencies, public relations firms, sales promotion agencies, interactive agencies, and creative boutiques. The document also covers ethics and social responsibility in integrated marketing campaigns and the impact of technology on marketing communications. It concludes with assigning the last topic on international marketing communications for submission by September 29th.
This document provides an overview of the promotional agencies and ethics in promotion. It discusses the various players in the advertising world like advertisers, agencies, media, freelancers, third parties, audiences, and regulatory bodies. It then describes the different types of agencies like full-service agencies, direct response agencies, in-house agencies, public relations firms, sales promotion agencies, interactive agencies, and creative boutiques. The document also covers ethics and social responsibility in integrated marketing campaigns and the impact of technology on marketing communications. It concludes with assigning the last topic on international marketing communications for submission by September 29th.
Advertising Agencies – Sales promotion Agencies – PR Firms & Interactive Agencies – Ethics and social responsibility in IMC Campaigns - Impact of technology on MARCOM - Introduction to International marketing communications, Relevance and challenges Structure Of The Advertising & Promotions World • Below the line activities & above the line activities • Modern advertising began around the mid nineteenth century • Volney Palmer in USA first advertising agent with first ad agency • He acted as a commission agent, collecting ads from advertisers and releasing them in print media Contd…. • Over the years the ad agency evolved to include functions that would improve the look and feel of the ad • Today advertisers who don’t have large marketing departments deal with one agency • Advertisers with many marketing executives integrate multiple services i.e one agency for advertising, one for PR, yet another for sales promotion etc. Players in the advertising world 1) The Advertiser -- Raison D‘etre for all advertising -- Can be an individual or a company --Total money spent by advertiser gets accounted for total advertising • Advertisers can be classified in several ways: Government Vs Private Product Vs Service Multinational Vs National 2) The Agency • Organisation that deals with the advertiser in meeting the communication requirements of the product. • Agencies include In House Agencies, direct response Agencies, sales Promotion Agencies ,PR Firms, Interactive agencies Contd.. 3) The Media Represents the channel through which the advertisement is carried. 4) The Freelancers are consultants or self employed professionals who work alone 5) Third Parties are audit firms appointed by advertiser to evaluate the strategy 6) The Audience -- Primary Audience who actually buys -- Secondary Audience who influence the purchase 7) The Regulatory Bodies
• The Government (GOI)
• The Indian Newspaper Society (INS) • The Indian Broadcasting Federation (IBF) • The Advertising Standards Council of India (ASCI) Promotional/Ad Agency • Organisation that deals with the advertiser in meeting the communication requirements of the product. • Agencies include In House Agencies, direct response Agencies, sales Promotion Agencies ,PR Firms, Interactive agencies Companies & Ad Agency Name of the Company Ad Agency Coke McCann Erickson Amul DaCunha Communications Titan , Dove Ogilvy & Mather Apple, Pepsi TBWA\Media Arts Lab KitKat JWT Role/Functions of Advertising Agency Client Servicing/ Account Planning Core Functions Creative ( Art & Copy)
Media (Planning & Buying)
Ad Agency Studio Operations Production Non Core Functions HR Finance/Legal and Administration Functions of Ad Agencies • Client Servicing/Account Planning – Function which interfaces with client – Client service person has to understand the clients business in total, marketing strategy and convert it into advertising strategy – Sometimes he gets so engrossed on meeting the clients needs that he tends to overlook consumers needs. – It is for this reason another discipline emerged in ad agencies Account Planning • Function intended to keep consumer in focus • Revolves around understanding the consumer thoroughly to develop appropriate ad campaigns Creative (Art and Copy) • Creative team is responsible for creative output in any form • Team normally consists of someone who is responsible for written matter called copy writer and another who is responsible for visual element called art person. • These two work as a team on campaign as written and visual elements have to be in sync Media (Planning & Buying) • Media department in ad agency is responsible for deciding how much money should client spend on a campaign and across media • Media planner to prepare the media plan using clients brief and work with media buyer who is a able to get good rates from media • Now a days this has become a part of independent media houses • Eg: M Madison Media, Asianet Communications Studio Operations • Function of studio in ad agency is to convert the output of creative department into a ready format • Before digitization studio had an important role but now creative are capable of producing art-works • Studio is normally run by studio manager Production • Most ad agencies donot possess in house facilities for production • Normally outsourced to printers, film producers etc. • Production department does the co- ordination work with outside suppliers • Run by production manager HR • HR department in ad agency looks after all the recruitment, induction, training and development, performance appraisal and compensation of employees Finance/Legal Administration • This department keeps the agency afloat when major clients defaults on payments Types of Advertising Agencies • Full Service Agency-Provides a range of marketing services. Services directly related to advertising such as copywriting, artwork, production of ads, media planning etc. • Direct Response Agencies provide specialised services which will evoke a desirable consumer response immediately through the telephone, a business reply card, a coupon and so on . Contd…. • In House agencies-Owned completely by the advertiser. Can undertake to serve several other clients, if the owner so desires . • Pubic Relations Firms- These firms specialize in providing services that enhance the goodwill and image of the clients’ companies amongst its publics, namely, employees, labour groups, suppliers, government and other stakeholders. Contd…. • Their work is to provide inputs to the clients on the company policies and procedures • Public relations firms work towards designing, executing and evaluating PR strategies and programs. • They devise an appropriate blend of various PR tools like, publicity, press release, oral communication, conferences, speeches, special events, etc. Sales Promotion Agencies • Such agencies specialize in providing services of designing sales promotional programs • Identifying suitable sales promotional tools • Carrying pre-sales promotion evaluation • Executing the sales promotion program • Performing post-test for evaluating effectiveness of sales promotional tools. Interactive Agencies • An agency offering a mix of Web design/development, Internet advertising/marketing, or E-Business/E- Commerce consulting. Contd…… • Creative Boutiques-Provide only creative functions and not full-service. Copy writing, artwork and production of ads . • Leo Burnett, Taproot, O & M Ethics and Social Responsibility in IMC Campaigns • Communicate openly and honestly with consumers and resellers • Avoid deceptive or false advertising • Conform to all country, state, and local regulations • Follow rules of “fair competition” • Do not offer bribes • Do not attempt to obtain competitors’ trade secrets • Do not disparage competitors or their products Impact of technology on MARCOM • Availability 24x7 • Interaction • Time and global accessibility • Support for multimedia applications Last Assignment • Introduction to International marketing communications, Relevance and challenges • Date of Submission: 29.09.19