Monday, September 16, 2019
Advertising Makes You Buy Things You Dont Want or Need
Company / Organisation | Executive Summary of Marketing Campaign | Wants or Needs? | Figure Noââ¬â¢s:| Result| Reference| Halifax ââ¬â ââ¬ËTaking on the high street banks by communicating like a high street retailerââ¬â¢. | Halifax transformed from ââ¬Ëbeing a building societyââ¬â¢ to an aggressive competitor of the big four banks in just 12 months. Halifax believed that focusing their company as a ââ¬Ëhumanââ¬â¢ organisation was a powerful platform. From this they combined ââ¬Ëhumanââ¬â¢ and ââ¬Ëvalueââ¬â¢ as key points. They branded their service as ââ¬ËExtra Value.Extra Friendlyââ¬â¢. | No one wanted to use Halifaxââ¬â¢s current accounts as they werenââ¬â¢t a recognised bank, and seemed risky for consumers to invest in. What Halifax bank had to offer wasnââ¬â¢t actually that much better than any of the other major banks. | | * 150% increase in Sales * 43% increase in profit per current account customer| Marco Rimmi, Advertising W orks 12, (World Advertising Research Centre, Oxfordshire, 2003)| Skoda ââ¬â ââ¬ËItââ¬â¢s a Skoda. Honestââ¬â¢: the profitable return on brave communication. ââ¬ËSkoda Jokesââ¬â¢ were so entwined in British Culture that, despite the brands acquisition by VW in 1992, radical product improvements had continued to fall on deaf ears. In other words people were aware of the improvements and consequently didnââ¬â¢t buy. The repositioning that accompanied the launch of the Fabia in March 2000 challenged Skodaââ¬â¢s prejudice. | We can eliminate most variables that would give consumers a reason to buy the car ââ¬â meaning that it was advertising that made people buy the car (not other factors). * Price: ââ¬ËByersââ¬â¢ report, showed a sharp deflation in the car market price.Skoda were an exception ââ¬â the average price for a Skoda was 60% higher than 97. * Distribution: No changes in numbers, share or quality. * Fleet Marketing: * Product:| | * 64% inc rease in Sales * The marketing expenditure was ? 14m, and it was estimated to have returned ? 37m of profits. | Marco Rimmi, Advertising Works 12, (World Advertising Research Centre, Oxfordshire, 2003)| Bakers Complete ââ¬â ââ¬ËFrom underdog to top dogââ¬â¢| As a complete dry dog Food specialist, Bakers strategy was to steal market share from ââ¬Ëcanned dog foodsââ¬â¢.In 1995 Bakers complete was relaunched with revised packaging, a revised formula and a new communication campaign. The target was housewives aged 25 -45, with children. The agency built on the emotional nature of the owner/dog relationship. The agency targeted ââ¬Ëbest friendââ¬â¢ with a campaign based on Pippin the brand ââ¬Ëspokesdogââ¬â¢. | Research showed that many Dog owners actually felt that dry dog food was not as good as canned meat. Despite this sales actually rose (successful advertising).Not only were Bakers complete competing against canned food businessââ¬â¢s but Dry Dog foo d producers too. So nobody ââ¬Ëneededââ¬â¢ to buy Bakers food because they had many alternative buys. | | * 62. 5% increase in sales value * Sales Doubled after Two Years. The brand had continued to show strong growth ever since. | Marco Rimmi, Advertising Works 12, (World Advertising Research Centre, Oxfordshire, 2003)| Benadryl ââ¬â ââ¬ËHow the soft sell sold harderââ¬â¢ | At the launch, allergy brand Benadryl had the product advantage of being fast acting then its competitors.Advertising was developed to explain this advantage. After a successful launch the brand suddenly started to decline and growth was negative. Competitors had come into the market with competitive speed claims and similar creative treatments. The decision was taken to launch a variant with a completely different creative treatment. The advertising idea was to ââ¬Ëcriminaliseââ¬â¢ the causes of hayfever. | Obviously people who suffer from Hayfever Need treatment to control or prevent the symptoms.However nobody needed or necessarily wanted to buy Benadryl once other businesses began to sell the same product. As there was no product advantage in the market Benadrylââ¬â¢s success was down to their successful marketing campaign. | | * Both tracking data and qualitative data point to the level of consumer involvement in the tone of the advertising or driving the successful sales results * For every ? 1 spent, there was ? 4. 8 in sales returned| Marco Rimmi, Advertising Works 12, (World Advertising Research Centre, Oxfordshire, 2003)| | | | | * | |
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