1. The analysis of commercial situation/conjuncture pietei- what is the demand and supply of a product on external and internal market
2. Setting objectives of promotional campaign
Launching a new product
Awareness of a brand
To aliminate some prejudices
3. Making key decisions-to whom direct communication
What choices should be present
To potential customers
To general public
To middele man
How to reach the audience (communication strategic tools)
Who will control the communication effort
4. Identification of communication strategies and tools
Push strategy (personal selling)
Pull strategy( mass selling)
5. Elaboration of promotional axis(the main idea of promotion-puts
actions on special product characteristics) and promotional mix(apart of marketing mix-product,price,promotion,place-advertising,publicity,personal selling,sales promotion)
Advertising – any paid message presented in media
Publicity – any unpaid message of a company brand or product in media
Personal selling –persuading someone to buy a good or a service through the use of person to person communication
Sales promotion- any other communication or persuasive device in mass
6. Elaboration of the budget
Approaches
* percentage of sales (uniform approach)- as certain percentage of sales is fixed for promotional campaign. The advantages
- convenience
Justifies the budget melting
Quarantees equalities among markets at which the company is selling
· Alow centralization of control over international advertising
· Limitations
Reversed determinations-the purpose of advertising is to the sales thismethod makes the volume of sales,determine the amount of advertising
direct dependence- on advertsing is undesirable: durong the firm’s first years of the market. When producing new product it doesn’t relate to market situation
competitive parity-playing plan superior
- getting some benefit from the collective wisdom
-economize for deeper market research
Advantages
-It’s difficult to determine the real promotional figures of national competitors not speaking about international ones
-It’s usual international competitors to follow
-Different competitors may use different promoted mx
· objective and task approach laissez faire presupposes 3 main steps:
- To determine the promotional objectives (ex.raise sales by 7 %,to make the brand aware)
- To set the tsks needed to obtain thse objectives
- Estimating the costs of performing the tasks
Advantages
- Is relevant for south domestic international market
- It relates the budget to company’s situation and goals at certain market
- The method encourages imagination and creativity
Disadvantages
- Problems with extra funds
- The should hae good knowledge of local market situation=it’s to set the appropriate goals
· Comparative analysis – the markets are grouped into 2/ more categories according to the characteristics relevant to promotion (market size,media situation)
Advantages
-the method allows more flexibility than the uniform approach (because your grouped markt)(because
Disadvantages
- Different budgeting methods can tided for coach group
- One country can serve as a test market for the group
- The method is suitable for companies with large number of markets
7. Organizational Promotional campaign
-Programming activity
Uniform-managers in communication appear in a regular basis and in the some dimension
Variable appearance
-forms dimension,frequency of managers vary
8.Controlling promotional campaign
-monitorizatio
- evaluation of its effectiveness-analysis of sales result,,organizing a feddback with distributors and customers,mathermatical methods.