Saturday, 6 December 2008
Male Vs Female Brain
Friday, 21 November 2008
Enterprise Experience...
A dismal Monday morning turned into an enlightening and insightful peek into the marketing world. Luckily, i was able to meet first hand with a panel of industry members by being part of the team who helped in running the 'What Next?' event (a question-time-esque affair). Mr. Allan Rich (Non- Executive Director of Cello) spoke first highlighting that the recession was a ''fantastic opportunity'' and that a ''well run business will come through a recession extremely well". His enthusiam about the future of the marketing world was a welcome change to the doom and gloom that has seemed to consume the UK in light of the credit crunch. Many of the other panel members shared in Allan Rich's positive outlook for the industry with Ivor Peters (Board Director of the BWP Group) adding: " there is no solution because there is no problem".
Jamie Matthews (Managing Director of Initials Marketing) talked about a change in "balance of power" as many clients are under pressure, (from time constraints and budgets), therefore making marketing campaigns much more shorter term. With a move towards digital marketing and in light of marketing campaigns needing to reach all areas in a shorter term (for greater impact) there is a need for marketing companies to integrate their disciplines. This broadens their communication channels.
On a cold and dark Tuesday evening in a full lecture theatre,Tom Vic (Group Business Director of JWT), re-iterates the need for companies to embrace the new technological era especially in terms of mobile technology. A point stressed by Tom Vic was that although marketing is evolving through digital and online marketing the older traditional channels are adapting to the new times. For example, everywhere you look in an underground station or train there are advertisements. These are still effect, but, in order to update them and embrace the new technology available D.E.P.s (digitial escalator panels) have been created which link within the bluetooth of your mobile phone to produce a fluid moving image advertisement as you progress up the escalator.
Tom Vic created 5 key points of how traditional agencies should respond:
1. Forget above the line and below the line as marketing concepts.
2. Bring back the dictionary definition of advertising.
3. Re-structure business around brands and it's communications needs.
4. Invest in re-training and re-orientating agency colleagues.
5. Learn from the youth, for example, agencies using younger staff to train the older.
From Vic's lecture it became evident that technology should be embraced by all agencies as it can be used to enhance and better their campaigns. It appears that an agency should go back to basics and adapt to the times then their should be a return to "full-service" agencies but in a new format. Vic addresses the credit crunch as an opportunity to make greater focus on cost-efficiency and return on investment a concept which should be adopted in better times as well.
So, it appears that the future is bright for the marketing industry and it will not suffer greatly in light of the current financial climate. If we can all take the infectious enthusiasm of Allan rich along with the modern mind of Jamie Matthews and the experience of Tom Vic the modern marketing world seems a very optimistics place.
Friday, 7 November 2008
Advertising for the sexes..
Today's lecture entailed looking at the gender differences in advertising and how some adverts appeal more relevantly to women than to men and vice versa. Afetr being shown a slide show consisting of a variety of printed advertisements we were asked which one stuck in our mind the most and what ones we remembered. The females in the class tended to remember the adverts that involved a celebrity whereas the more humerous advert (involving a comical guinea pig) proved more relevant to the males. This experiment poses many questions about advertising for the sexes and the contrast between the two. This concept is invaluable to marketers and advertisers as they are able to target their market effectively and produce an advert which will have maximum impact through being relevantly appealing.
The advert to the right invovles a female product which is clearly targeted to a female audience. The use of sensual colours which relate to the colours on the bottle of the perfume is appealing to the visual sense;this is enhanced further through the inclusion of the celebrity Beyonce Knowles. The product is clearly shown in the foreground accompanied with the bold 'true star GOLD' title which indicates exaclty what the product is and how it looks. What is interesting is that the perfume advert does not address the sense of smell which is paramount to the success of a perfume.
In contrast to a typically female advert, the advert to the left could be described as 'typically male'. Rather than being appealing, the advert has taken a humerous approach which would be relevant to the male mind-set. The advert is aiming to advertise online bingo to the male sex, an area which is largely dominated by female directed comapanies such as Foxy Bingo. In order to have maximum impact the advert created is overtly funny with a man breast feeding a baby with the tag line 'Where have all the women gone?'.
With gender difference in mind, we are now comtemplating what our personal perception experiment would be and which variables we would test according to perception theories from theorist such as Solomon et al or the black box model.
Wednesday, 5 November 2008
Personality
Friday, 24 October 2008
''Need does not exist but the desire or want can be created" (Ruth Hickmott, 2008)
Information about customers comes from a variety of different sources such as market research questionnaires and even information supplied from the seemingly harmless Tesco club card database. Tesco can now profile each of their customers using their database. This allows them to market products directly to the different segments of consumer which, in turn, generates profit.
Smith (1957) claims that “Segmentation is based on the observation of evolution of demand and represents a more precise and rational adaptation of the product and the marketing effort to meet customer or user demands”. Similarly, Kotler (2000) describes segmentation as
“the subdividing of a market into homogenous (or similar) subsets of customers, where any subset may conceivably be selected as a target market to be reached with a distinct marketing mix". All in all, both of these marketing heavy weights describe segmentation as finding out what the different groups of people want.
In the new Feria hair colour commercial, the product has been targeted at women desiring a change in hair colour. Loreal have segmented their product to young to middle aged women (this is apparent through the celebrities used) and to an audience which regularly dye their hair (shown through the use of listing the positives, seperating their product from another hair colourant).
Friday, 17 October 2008
Perception Continued...
The picture to the left can either be seen as a young woman or an old hag. It is your perception which interprets the way that you see it. Natasha and Lauran found that 7 out of the 8 particpiants (four female and four male) saw the young maid with only one seeing the old hag. This concept of foreground and background is important to printed advertising as a means of marketing communications. For example the picture to the right is an effective printed advert for wonderbra as the product is in the foreground and the image conveys the busty 'wonder' image that they are trying to achieve.
Tuesday, 14 October 2008
Buyer Behaviour
For example, what would make someone chose Patene over another leading hair care product? This may depend on their social class (due to it's relatively high price), their social network (if friends/relatives use it and have recommended it), their lifestyle (if they take pride in their appearance and integrate this into their life), and their previous perception of the brand. All of these things contribute to the buyer's decision which is aroused through marketing stimuli such as printed and TV adverts. Clicking on the pantene icon below will take you to a recent pantene advert. From the advert you will be able to see that strategic marketing is vital in the persuasion of a buyer making a decision.
2.immediate or intuitive recognition or appreciation, as of moral, psychological, or aesthetic qualities; insight; intuition; discernment: an artist of rare perception.
3.the result or product of perceiving, as distinguished from the act of perceiving; percept.
4.Psychology. a single unified awareness derived from sensory processes while a stimulus is present.
5.Law. the taking into possession of rents, crops, profits, etc.
Friday, 3 October 2008
Freshers First Thoughts...
If writing all of our qualities inside a giant egg and allowing your class mates to fondle your personals wasn't enough, Ruth then made us create a blog... so we can share our new found knowledge with the world wide web. So here i am, creating a blog (one of many)... feeling slightly worse for wear letting you all know that the bloggin' legend has begun possibly the best series of blogs to grace the web.
Bloggin' Ledge x