The Role of Promotion in Marketing Both Ford Motor Company and Lexus are automobile manufacturers and the promotional strategies they use are similar because their target markets are similar. While Lexus is higher priced and viewed as a luxury car as opposed to Ford’s more median income customers, the essential elements they utilize are much the same…
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Sales were up 22% last year, twice as much more than the growth in the automobile industry overall. The strong image of reliability, coupled with national brand identity, Ford has made consumers trust them and thus choose their products over others. Lexus is a higher priced brand and appeals to a more affluent customer. Famous for their luxury sedans they have also introduced SUVs, sports coupes and hybrids into their product line. The Lexus LS was ranked highest in the industry by the Initial Quality Standard study. Beginning with the first introductory year of 1990 until 2011, it has ranked highest in 13 of the last 22 years. Advertising Ford advertises on network TV, in print publications and online. Since 2009, under the direction of Marketing Director, Jim Farley, they have increased advertising spending considerably. The gains were phenomenal. Farley, at first apprehensive because he aspires to bottom-up methods, wasn’t sure how his tactics would fit in with the company. You can see Ford cars advertised on the major networks like CBS, NBC and ABC and in the most popular consumer and news magazines such as Time magazine, Harper’s and Newsweek. Their online advertising efforts are focused on Facebook, YouTube, Twitter and Flickr with a heavy concentration on mobile marketing. They attribute the success of using these platforms to their popularity and achieve an immeasurable amount of exposure themselves. One consumer expressed his favorable opinion of Ford’s advertising by applauding their focused message, appealing to not only interested buyers but also to current customers and the many ads on television and direct-mail campaigns. The public opinion of Ford Motor Co. has grown so high in recent years as others automobile companies were faced with needing government funds to survive. Lexus’s advertising is as sleek and modern as their cars. They are so beautifully designed they have a tremendous appeal to consumers and inspire purchases by those who want to attain the level of sophistication the car implies. As with Ford their ads can be seen on all of the major networks and in the most widely read magazines. They are more apt to place ads in magazines like Town & Country and Vanity Fair because of their brand identity as a luxury car. Alongside Ford, Lexus is seen as having a high public profile in social media outlets. They can be seen in commercials on YouTube, have a strong Twitter following and Facebook fan base. The Promotional Mix A Detroit firm, Team Detroit, manages Ford’s advertising campaigns. There with Chief Creative Director Toby Barlow, Tom Farley and he explore their creativity. For each campaign they come up with a new idea and pick a new creative team. The unexpected ideas and fresh perspectives always add up to great campaigns. On the Internet, Ford has launched new campaigns with across the board exposure and signed an unprecedented 12-month media commitment with a company called Specific Media. They attribute the success of their advertising to their superior demographic and behavioral targeting that more effectively reaches current owners and prospective buyers. In 2010, Advertising Age ranked Ford Motor Co. as the number 1 marketer in the country. Lexus’s advertising is revolutionary in its high tech appeal and positions itself as the leader in innovation. This works well for a glamorous identity but their customer’
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It attracts as well as encourages the consumers to use the product or the services a company is providing. Promotion of a product can be done through various sorts of sources such as advertisements, newspapers, television media and print media. To augment the product’s sale, incentives such as discounts and offers are given at the time of purchase (McGoldrick, 2002).
Keeping in view customers’ preference for products such as coffee has been increasing.
The coffee shall target a diverse audience. The overall target audience for this coffee is defined as men and women whose age is between 18 to 60 years and who consume coffee or enjoy
According to the research findings, it can, therefore, be said that advertisement used by Starbucks and Jamaican Blue Mountain coffee brands include the internet and the press. Since the launch of Starbucks back in 1982, it has used the US mail order catalog and music CDs to make it popular among the people.
In today's consumer-driven economy, people no longer buy for economic value or reason but because of the influence of images created by advertisement in media, which has become a powerful determinant on the purchasing decisions of consumersThis perception of present-day consumer behavior confirms that in the efforts of businesses to connect with consumer, it has come to a point where the quality of advertising is more important than the quality of a product.
Marketing, in other words, is that strategy by which an organisation informs its environment of its activities and persuades consumers to purchase those products and/or services.
Church (1999) notes that economic historians have, in their study of patterns of demand, consumption and corporate success from the late nineteenth century to the present, unanimously concluded that marketing is the primary determinant of organisational success since marketing, as a strategy and communication program, functions to persuade a market of the utility of a particular product or service, thereby driving up demand.
Marketing is one thing that makes sure that all the people within the company are always thinking about their customers and their needs and marketing also helps the employees to create and maintain profitable relationships with their potential customers.
In Australia, this product will be advertised on three platforms: TV, print and on Social media. The name given will be “Tastie” implying the taste associated with the product but without necessarily having sugar. The picture on the advertisement is meant to entice the