Author: blogger

Dmrc Advertising Is The Best Medium For Brand Promotion In Delhi Ncr

Posted on by blogger

High Dwell Time

Even the media that can compete with the Delhi Metro in terms of costs cannot provide a dwell time as high as 10-20 minutes. These 10-20 minutes inside a well cooled, structured and highly maintained environment are invaluable for any advertiser. Advertisers would prefer to place their ads before viewers who are comfortably waiting for a metro train at any given chance.

Audiences in a Good Mood

The DMRC is one of the most accurate and punctual methods of transport. Any journey can be planned well and the commuters do not have to worry about the trains being late. Thus, a commuter waiting for a train at a metro station is essentially a carefree commuter in a leisurely mood. The Ad Displays have a much better scope of impressing the audience in such a situation.

Strategically Placed Sites for Better Viewing

The closeness, size, position, and the frequency of the displays in this medium can be conveniently planned in order to increase their impact. In other words, it is almost impossible to miss an Ad Display placed in a metro station and its platforms.

Scope for Localized Advertising

Localized Advertising is a prominent part of marketing strategies. Especially in the case of brands which need to deliver from or at a point of sale, Localized Advertising is often the top driver of sales. For example, let us take the example of a commuter looking for a travel agency in Kashmere Gate. Let us say he travels to the place using the metro. If he sees an ad for a certain travel agency while getting down at the Kashmere Gate Metro Station, he is most likely to head straight to its office.

With the metro now connecting a few areas of the NCR and about to connect the others, DMRC Advertising will continue rising in its stature as the most viable option for promotional campaigns. This is especially true in case of brands from sectors, like the entertainment industry, that need to target across all segments of audiences.

Why Mobile Advertising Practices Are Increasingly Implemented

Posted on by blogger

Mobile Advertising practices are increasingly adopted and implemented by emerging as well as established brand owners. SMS Advertising is becoming one of the latest trends of brand promotion for brand owners and advertisers. Affordable and targeted in nature, Mobile SMS Advertising is one of the easiest means of conveying the brand message to target customers. In this article, let us take a look at some reasons why mobile advertising practices are increasingly adopted by brand owners-

Tremendous increase in number of mobile phones- Today, almost everyone has a mobile handset. There are also various individuals who possess more than one handset. The craze for mobile phones as a portable communication device keeps increasing day by day. Brand owners avail of this opportunity by utilising the same mobile phones as advertising mediums for lakhs of customers. Also an affordable practice of brand promotion, advertising through mobile phone effectively communicates the brand message to those targeted customers who can benefit themselves from the brand messages.

Secondly, the launches of smart phones and embedded applications with various mobile phone devices have enhanced the craze of modern customers. A mobile phone is not just a communication device in todays world. Music, games, camera, internet and various applications are some embedded features of modern mobile handsets. Advertisers ensure that their brand messages reach those customers who continuously get themselves attached with their handsets (as their extensions). At one point of time, these customers will go through the brand message. If interested, they will consider of buying the product, if otherwise, a delete button helps them get rid of the unwanted message in their inboxes. The advertiser should hence provide an interesting brand message through the mobile SMS advertising campaigns. The brand message should be influencing enough to motivate those customers who read it through their own handsets. Brand advertising requires some tricks and tactics. Advertisers should therefore keep themselves updated about which trend and tactic of brand promotion can be used to influence customers buying behaviour.

Marketers have opined that mobile advertising provides more ad spaces for CPA Publishers. This again attracts the attention of those publishers who are keen to partner with mobile advertisers for various promotion campaigns. The advertisers also avail of various benefits by partnering with the publishers.

Last but not the least; mobile advertising is considered one of the bespoken modes of communication for various brands. Brand messages through mobile media reach customers right in their palms or pockets thereby providing easy accessibility to the brand ad. Considering all the above mentioned factors, mobile advertising practices are increasingly implemented by various brand owners/advertisers.

Advertising In New York City

Posted on by blogger

Advertising in New York City can unlock the gates to millions of new customers, drive huge amounts of traffic to your site or gain your company or cause the exposure few other markets could provide. So lets review some of the best ways to advertise in New York City to jump start your marketing and advertising goals and deliver the results you need.

New York City is known for its Pennysavers and Penny Pinchers, which are free door to door circulars and also include online web communities. There are countless NYC focused websites and social networks that have high traffic and daily visits. With the right advertising plan you can reach millions of viewers a day without spending huge amounts of money. From Manhattan and the Bronx to Brooklyn, Queens to Staten Island advertising in NYC can be accomplished on a shoe string budget, or by hiring a world class ad agency.

Besides Pennysavers and Penny Pinchers, advertising in New York City can be accomplished by article marketing, blog marketing and message forums and classified site postings. Community centric marketing methods will provide you a better response, as NYC is known for it’s tight knit neighborhoods and want only the best information, not endless spammy sales pitches.

In NYC you need to engage your potential consumer, or those you are looking to inform. Advertising in New York City can produce great results, if done right. Community marketing giants John Thompson and Ginutis Sipas have obtained response rates higher then many of the professed top notch NYC ad agencies which require a six figure budget to work with. They have demonstrated how holistic and Guerrilla Marketing tactics, as well as many of the methods outlined above have returned tremendous results for their clients and their own business ventures.

Lets go over some of the many ways to to advertise. Bus advertising, which provides great street-level reads to a commuting audience and throughout metropolitan areas. As buses slowly cruise city streets, your message can be seen by both pedestrian and vehicular traffic on this large transit media. NYC is also home to endless Billboard advertising which is a very effective vehicle for reaching your audience.

Billboard ads are ‘in your face’ advertising! Then there is Wrapped vehicle advertising which can be used to target audiences in areas that are difficult to reach or where traditional outdoor methods are not as available. These eye-catching, moving displays are great for targeting specific events and a general market audience with head-turning results. Then of course NYC is famous for its street teams, which can deliver your message with a personal and human touch.

Another great way to advertise in New York City is to incorporate text messaging into your marketing plan and tap directly into millions in NYC daily life. Text-based advertising invites, engages and opens up deep communication channels with your target audience and it’s EASY!

The most important thing to remember when launching your advertising campaign in NYC is to have an advertising plan. Many times advertisers don’t have a plan, and they end up wasting lots of money on people who promise the world and deliver nothing! Developing an advertising plan assures that your marketing dollars will be spent wisely to target the right audience.

A fine-tuned advertising plan is the key to increasing awareness of your business, products and services, regardless of the size or type of your company. Reasons for advertising will ebb and flow throughout the life of your business. The easy, finite answer is so the business makes money and survives. Once you’ve determined your purpose for advertising, you can start shaping the plan. Research your target audience. It’s imperative to understand the habits of your audience to effectively advertise and maximize the impact of your marketing dollars. Will your customers only come from the west side of town? Do they respond to coupons? Are they online buyers, status buyers, relationship buyers?

Once your company is known, what else do your customers need from you or need to know about your services? Ask existing customers, study ad placement directed to the same audience and examine certain buying patterns for your product or service. These practices will help you customize a plan to reach your clientele. If your business constantly needs new customers, tailoring your advertising message and the way it’s delivered will assist with this goal.

Remember, a customer first has to be exposed to your ad often enough to remember it, then you have to wait for that customer to need what you sell. How soon will he or she likely need it? This is why businesses that succeed understand that marketing and brand awareness is a process that can never be shelved. The success of your business will greatly be determined by your marketing and advertising efforts.

Breaking News Advertising is Dead!

Posted on by blogger

Don’t agree?

Please ask your wife, husband or significant other-in other words, the nearest typical consumer-to answer the following 7 questions:

1.Does viewing pop-up ads on your computer curl your toes in orgasmic delight? Yes or No?
2.Does a mailbox filled with junk mail cause your palms to itch and sweat with nervous anticipation? Yes or No?
3.Do you suffer from outbursts of violent anger when a TV commercial is interrupted by a TV movie? Yes or No?
4.Do you prance around the parking lot with ecstatic abandon whenever you find a flyer on your car’s windshield? Yes or No?
5.Does keeping a phone next to your soup spoon on your dinner table (for fear of missing the next telemarketer’s call) help your digestion? Yes or No?
6.Do you drink pots of black coffee at 10 pm so you can stay awake to watch 30-minute infomercials at 4 am? Yes or No?
7.Do you drool at the thought of spending $300 on an iPhone just so you can see interactive ads on its big, cool screen? Yes or No?

Have I made my point? Yes or No?

Advertising is dead. If you’re a marketer… save your money.

Consumers have been over-advertised to and over-sold.

Unless you’re conducting a white sale, fire sale or going out of business sale-and halving or quartering your prices-advertising won’t get you a bang, a whimper or a nickel for your buck. Not anymore.

The only ads that still earn their keep are those in newspapers and on supermarket windows that read:

Big SALE Buy 1 Can of Campbell Soup for 89 Cents and Get a 2nd Can-FREE! Supplies limited! (or something like that)

Beyond that, the first reaction most consumers have when viewing any other type ad is not to believe anything it says.

And if they have no need, desire or knowledge of you, your product or your service, their second reaction is to play basketball. Their arm and hand muscles reflexively contract, causing them to roll up your ad into a tight little ball and shoot for the nearest basket.

Beware the Consumer’s Anti-Ad Third Eye

Because the consumer has become so desensitized to advertisements in general, if you don’t shove your ad, sales letter or flyer directly and firmly into their hands-they won’t even notice it.

It’s as if they’ve developed an anti-ad third eye that instinctively alerts them to an ad’s presence and then immediately shoot’s a signal to the brain-instructing their other two eyes not to see it.

For example…

How often, when surfing the web, have you run across a web page with a bright red, 40-word, one-sentence headline, ending with an exclamation mark or two or three?

Unless you’re searching for that particular web page, the average information-seeking web-surfer will immediately recognize that site as an ad, and click away-without even reading two words of it.

The same thing happens when reading the newspaper, or driving past a billboard on the highway…consumers simply refuse to look at the ads.

So What’s a Marketer to Do?

Advertorialize!

Huh? I’ll explain…

The success of the internet has proven one thing above all else. Human beings, which includes consumers, are addicted to information.

Google, the internet version of a library card catalog, exists, thrives, dominates and will eventually own the world, because consumers are in a constant, never-ending search for more and more information.

And why do consumers want ever more information that will convince, compel and persuade them to a certain point of view?

So they can make the most efficient, prudent and intelligent choice about whatever it is they want to own, possess, consume or BUY.

Yes, BUY.

Though consumers hate to be sold; they still love, nevertheless, to BUY.

And their decision to buy is most effectively influenced when they are provided with information that supports, confirms and increases their already resident desire to BUY!

Enter the Advertorial

The advertorial is an ad disguised as an editorial. A cunning wolf in sheep’s clothing. It’s roughly 80% useful, compelling and persuasive information and 20% sales pitch.

It will never mention the name of the product, its features or benefits in the headline. Because that would be too obvious-it would scream ad and will immediately activate the consumer’s anti-ad third eye.

Instead, in a newspaper, in a direct mail promotion, or on the internet the advertorial will attract attention and readership by merely dangling the tantalizing promise of free actionable and profitable information… if the reader will only continue to read on.

An advertorial headline won’t scream: LOSE 10LBS OF FAT IN 10 DAYS OR YOUR MONEY BACK!!

Instead, the advertorial headline will read: John Hopkins Research PhD discovers active ingredient in ice cream that causes rapid weight loss.

Then the advertorial will proceed to show and prove, in pseudo-journalistic fashion, the What, Why, Who, Where and When of how the product or service does precisely what the consumer wants and needs.

The advertorial delivers valuable, documented information that relentlessly leads the reader to the inevitable conclusion that the solution to their problem or need is… whatever it is you’re selling.

It doesn’t look, taste or smell like an ad, and the consumer’s anti-ad third eye will never see it coming.

Try it… you’ll like it.

Nike’s Marketing Strategy

Posted on by blogger

Nikes marketing strategy rested entirely upon a brand image which is favourable and has evolved into a great multinational enterprise over time. The favourable brand image has been kept afloat due to the strong association with the Nikes logo which is quite distinctive and the slogan Just Do It which has been used in advertisement for quite some time. The company has been known to invest heavily in advertisements and brand promotion (Fill C, 2005 p.54).

Market Segmentation
Most of the consumers of Nikes products are mainly sportsmen. This is so because of the utility that comes with the products. An athlete is more likely to go a sports shoe designed and marketed by Nike more than a person who detests sporting and exercises. Nike targets these consumers by agreements between Nike and athletic teams, colleges athletic teams1 etc for product sponsorship and eventual promotion to the members of these teams. In this way, Nike is able to reach a wide number of consumers and consumers who are more likely to buy. Even though others are likely to buy the products, Nike pays specific emphatic targeting to the athlete more than any group of individuals even though it also targets the youth who have embraced the hip hop culture (Mercer David, 1996, pp 171).

Targeting strategies
Nike lays a number of strategies to target their immediate consumers; athletes and other sportsmen. The targeting strategies include among others the sponsorship of products by professional athletic teams, celebrity athletes and college athletic teams. This strategy is specifically successful because of its ability to reach a large number of athletes. If the athletic team manager prescribes a specific type of track shoes made by Nike, the trainees have no option other than to buy them. The teams can as well buy the track shoes in bulky and supply them to the team members.
The second strategy that Nike applies is the designing of product destination. It does this by associating success with the product. For example, when a celebrity athlete sponsors a specific brand of athletic shoes, the brand will be associated with success. This psychological effect is reinforced with advertisements that affirm this position.
Finally, Nike targets the consumers who are likely to develop product intimacy; those who care more about the utility and quality of the product than the price. In this way, the pricing is not affected too much in a bid to accommodate a large number of consumers. However, price has also been factored in Nikes marketing strategies as shall be seen later in this paper (Frank, 2004, p.173)

Pricing Strategies
As stated in the foregoing section, Nike targets the consumers who embrace product intimacy and thus care less about the product. This has enables Nike to set relatively higher prices than its competitors. This is a strategy that calls for higher pricing points so as to push the perceived product value. It has been established that consumers who consider a product to be of high quality are likely to pay the high price more often and consistently. Once consumers develop product intimacy, they come to associate their person with the product and will pay whatever price quoted on the product provided it has the Nike logo on it.
Another very important thing to note is the fact that Nike uses the vertical integration pricing strategy in which they take ownership of the participants at channel levels that differ and they also engage in multifarious channel level operations both in a bid to control costs and thus influence pricing function (Goldman S, 2000, pp154)

Distribution Strategies
Distribution strategies embraced by an organization can either give them an edge in market or make them lag behind the winners in the market. The more efficient the product distribution is the more sales and thus more profits. The delivery of the right product and at the right time to the consumer not only effects utility but also leads to high degree of consumer satisfaction and loyalty. Nike distributes its products on level basis. The high priced premium products are given to certain distributors while leaving the low priced to be sold at highly discounted prices at mega retail stores such as Wal-Mart. Whereas Reebok embraced a limited distribution strategy Nike ventured more into a global3 market capitalization (Jeannet J, 2000, pp 44).

Promotional and Communication Strategies
Apart from Nike selling quality products which have lead to a high degree of customer loyalty, the promotional strategies that the company employs are simply superb. Nike has contracted a number of professional and celebrity athletes which have managed to draw a considerable attention to their products. Some of the sportsmen signed by Nike include soccer stars such as Ronaldinho, Ronaldo and Roberto Carlos, Basketballers such as Jermaine O’Neal and Lebron James2, triathlete Lance Armstrong and golf superstar Tiger Woods. This has created a relatively high degree of Nike products awareness. Besides the signing of celebrity sportsmen to promote their products, Nike has also employed a great deal of advertisements through the mass media. Nike employs a selective- demand advertisement focused on the high priced shoes used for traditional sports (Goldman S, 2000, pp154).

Conclusion
Nike has remained and continues to remain at the top of production and distribution of sports gear and equipment. However, it should be noted that competitive pressure cannot allow Nike to sleep at the top. The recent Reebok- Adidas merger poses a great challenge to devise new marketing strategies to continue leading or recede to oblivion. The following recommendations are suggested in a situation where marketing management is competent. These include:
Increased market share through a new product development, competent pricing strategies, advertisement and other sound promotional activities.
Restructure market dominance by driving away competitors mainly through fierce promotional strategy coupled by pricing function that will make the market quite unattractive for the competitors.
Increased social responsibility to strengthen the image of the company
Diversification of market through factoring the Asians and Black Americans in their product promotion besides doing a research to establish the tastes of these groups.
Venture into new distribution channels especially in international markets
Different pricing strategy so as to open up a new market segments.

All the above show a competent marketing management can hoist organizations top become market leaders and making the market leaders maintain their competitive edge in the market through adherence to marketing ethics, marketing plans and well thought out and formulated marketing strategies.