COMN12-302 Lecture Notes - Lecture 12: Brand Ambassador, Unique Selling Proposition, Brand Loyalty

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12 Jun 2018
Department
Professor
5/16/2017 9:03:00 AM
Return of investment
What I spend should never be more than what you earn back
Principles
A fundamental truth or proposition that serves as the foundation
for a system of belief or behaviour or for a chain of reasoning
Marketing imperialism
A business enters a new country and becomes so pervasive that
local businesses go out of business
Hyperlocalism
Top of mind
Brands consistently want their symbols to be known as soon as
they are looked at.
Top of mind brand
Advertising
o Identifies a current problem
o New product
o Remind, reinforce, and promote
Advertising should make you feel
To be truly persuasive, in equal part appeal to heart, logic, and
morality
Push toward action
Reaching the largest/best audience possible
Price, place, product, promotion
Advertising functions
Cultivates consumer relationships
Builds brands
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Assignment One content 16/05/2017 9:03:00 AM
Focussing on effectiveness
advertiser (what agency)
type of ad
purpose of ad
to sell, evoke emotion, developing brand identity, etc. etc.
ties to effectiveness
if it doesn’t achieve purpose is not a ‘good’ ad
target market
what appeal to advertiser?
Wider audience affected by ad*
Analysis of ad’s effectiveness… did it fulfil its purpose
Effectiveness
Is it suitable for the target market?
o Target market
A segment of the population that we are specifically
wanting to target
Demographics, geographics, psychographics
o Target audience
Anyone who sees the campaign that isn’t in the
target market
What are the best/worst features?
Further reading and research
What changes would you make to the ad
Reference/cite (APA)
Grammarly
THEORY
Cidalini
o Six (now seven) key principles of influence
Reciprocity
Obligation to give when you receive
i.e. someone inviting you to a party because
you invited them
saying yes to someone you owe
be the first to give, what you give is
personalised and unexpected
people trying to give you a gift
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obligation
1. Make customers feel special and
unique
2. give customers a gift of value that
benefits them outside your relationship
with them or use of your product
3. suggest ways that customers may
reciprocate
4. be the first to give
5. don’t let the circle end, keep the
relationship going.
Scarcity
People want what they have less of
People want scarce resource
Not enough to include benefits, but what is
unique and what they stand to lose if they
don’t say yes
Limited edition, numbered, sell out (i.e.
make up)
o This thing is special because it’s a
scarce resource
Authority
Following the knowledge of experts
Important to signal to others what makes you
a credible, knowledgeable authority
Consistency
Looking for and asking for small initial
commitments that can be made
Voluntary, active, and public commitments in
preferably writing
Membership levels/loyalty programs
Liking
Three factors:
Similarity
Compliments
Co-operation toward mutual goals
Brand ambassadors
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