Text Only

 
Peacheys Chartered Accountants
 

Tips of the Month >

The indisputable facts about marketing communications

  • Communications work best when there is feedback.
  • It is essential for the sender of the message to have a common field of experience with the receiver.
  • The AIDA model (acronym for the 4 stages of response to communications - Attention, Interest, Desire and Action) rarely works with just 1 form of communication.
  • The promotional mix (PR, advertising, personal selling, sales promotion leading to purposeful marketing communications) is a recipe; the ingredients are not interchangeable.
  • Publicity and PR are probably the most cost-effective promotional tools you have available.
  • The media are only interested in newsworthy items, not in thinly disguised advertisements. PR works best when used as part of an integrated programme of activities.
  • PR requires a long-term commitment to cultivating the media.
  • Train anybody who may have to deal with the press or TV.
  • PR will only help publicise your good points; it will not give you what you have not got.
  • Advertising is not the only way to increase sales, and may not even be the best way.
  • Advertising needs to be planned and targeted to the right segment in order to avoid wasting money and effort on people who will not buy the product.
  • People will not read long-winded advertisements.
  • Artwork is more memorable than copy.
  • Selling is about meeting the customer's needs with a suitable product from the range.
  • Selling is learned, not somehow magically inborn.
  • Sponsorship tends to have strong positive effects on both brand and corporate images.

Source: 'Marketing communications and promotional tools' The Essentials of Marketing by Jim Blythe (2001)

 

This is a general guide, and Peacheys accept no responsibility for any actions that may or may not be taken based on this information.

Site Map | Help | Disclaimer
© Peacheys Chartered Accountants. All rights reserved.
powered by totalSOLUTION

ACCA - Association of Chartered Certified AccountantsCIOT - Chartered Institute of AccountantsAAT - Association of Accounting TechniciansICAEW - The Institute of Chartered Accountants in England and Wales.