Discuss how you can use experiential marketing tools for

Assignment Help Marketing Management
Reference no: EM13392940

Companies have a broad choice of marketing communications choices. The 8 major tools of communication are advertising, sales promotion, public relations and publicity, events and experience, direct and interactive marketing, word-of-mouth marketing, and personal selling. Companies opt for different marketing communication tools depending on their brand objectives.

Suppose you have the contract to market two brands of laundry detergents, Ultra (an established brand) and FreshX (a new brand) in the US East Coast region. Both brands belong to Company A. The combined advertising budget available to you for both products is about $500,000. The target market for Ultra is the budget-conscious customer segment while FreshX is targeted towards younger, upwardly mobile professionals. Design specific communication tools for each of the products (i.e., for Ultra and FreshX) with regard to the following:

1. Message strategy: What specific themes or ideas will you adopt for Ultra and FreshX – keeping in mind the respective target demographic types?

2. Creative strategy: What kind of appeal – informational or transformational – will work best for each brand? Please explain.

3. Message Source: What kind of spokespeople will you choose for each of the products? Please bear in mind the demographics of the target area.

4. Discuss how you can use experiential marketing tools for the brands (especially for FreshX). What tools will you use to measure outcomes from such events?

Reference no: EM13392940

Questions Cloud

Describe how you have incorporated this leaderrsquos : 1. explore the central michigan university cmu competencies modellook through each of the five and thena decide which
There are three major approaches for managing and : there are three major approaches for managing and resolving conflict in an organization. define these three approaches
Create a financial statement or document that a business : create a financial statement or document that a business might use to account for losses damaged goods and stolen
The capital structure for the firm will be maintained and : 1.the capital structure for the firm will be maintained and is now 10 preferred stock 30 debt and 60 new common stock.
Discuss how you can use experiential marketing tools for : companies have a broad choice of marketing communications choices. the 8 major tools of communication are advertising
Given the component costs identified above and the capital : the capital structure for the firm will be maintained and is now 10 preferred stock 30 debt and 60 new common stock. no
A design document and a revised project plan you must : a design document and a revised project plan. you must submit both sections as separate files for the completion of
Describe what action must be taken in terms of adjusting : business owners managers and aspiring entrepreneurs need to know the best form of business organization to select
Examine the two basic kinds of reserves that project : analyze the two 2 basic types of reserves that project managers should become familiar with as discussed in the kerzner

Reviews

Write a Review

Marketing Management Questions & Answers

  The power of reality shows

The Power of Reality Shows

  Explain e-commerce models

E-Commerce Business Models,  What other types exist at this level and what are some examples of them in terms of Internet Web sites or other Internet applications that primarily employ that model?

  Explain pr function in e-business

Explain PR function in e-business and how does the PR function in an e-business organization differ from a brick-and-mortar organization

  Explain segments and niches

Explain Segments and Niches and What is the difference between a segment and a niche and How can a market be segmented

  Explain -compare the short and long term implications

Explain -Compare the short and long term implications for stock transactions and explain business Website development vs hiring the appropriate personnel to develop the site

  Describe developing marketing strategy for a new product

Describe Developing Marketing Strategy for a New Product and Include a description of the target market and positioning

  Explain comprehensive strategic knowledge

Explain Comprehensive Strategic Knowledge and Macroeconomic factors that influence the operations of the company

  Relationship between organisational strategy and hrm

Analyse and determine the relationship between Organisational Strategy and HRM.

  Explain and compare zara or tommy hilfilger marketing

Explain and Compare Zara or Tommy Hilfilger Marketing and How would you compare Zara's and Hilfiger's current marketing strategies

  Explain virtual teams

What do you meant by virtual teams explain with example

  Explain competency frameworks

Explain Competency Frameworks and What do you see as a major problem in constructing a competency framework

  Write a short summary about the article and give your opion

write a short summary about the article and give your opion what do you think about that new product in the word of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd