Marketing for Lawyers Promotion, building image Eva Tomášková eva.tomaskova@law.muni.cz Promotion lis one of the 4Ps of marketing mix linvolves the process of making a product available for use by a consumer linvolves promotional mix linfluences building of a company image Promotional mix I lAdvertising - Any paid presentation and promotion of ideas, goods, or services by an identified sponsor. lExamples: Radio, television, billboard, direct mail, brochures and catalogs, Web pages, banner ads etc. lYour experience? l lPersonal Selling - through the use of an oral presentation. lExamples: Sales presentations, sales meetings, samples, and telemarketing. Can be face-to-face or via telephone. lYour experience? l lSales promotion - marketing communication are employed for a pre-determined, limited time to increase demand of current customers and stimulate new customers. lExamples: Coupons, product samples, rebates, self-liquidating premiums, trade shows etc. lYour experience? l lPublic relations - Paid stimulation of supply for a product or a company by significant news about it or a favorable presentation of it in the media. lExamples: Newspaper and magazine articles/reports, TVs and radio presentations, speeches, issue advertising, seminars, facebook. lYour experience? l Promotional mix II lDirect Marketing - sends its message directly to consumers. lExample: catalogue distribution, promotional letters, and street advertising lYour experience? l lExhibitions - Let potential buyers try the product. Advantage is that businessmen know directly what people see in a product. Opposite, competitors can see exactly what a company is doing. lExample: trade fairs, trade shows or exposition lYour experience? l lCorporate image - The Image is a crucial point in marketing. If the reputation of a company is bad, consumers are not less willing to buy a product from this company as they would have been, if the company had a good image. lExample: Sponsorship - patronize of a social groups, sponsor hard sick children, patronize some plants or animals, etc. lYour experience? l Task lWhich kind of promotion can be used for lawyers? lAds lPersonal selling lSales promotion lDirect marketing lPublic relations lExhibitions lCorporate image l l Promotional mix at Lawyers in the Czech Republic lAllowed: lSelected types of Advertising lSelected types of Public Relations lExhibitions lCorporate image l lProhibited: lSales Promotion lDirect Marketing lPersonal Selling d6205 Advertising I lIncludes: lthe name of a product or service lhow that product or service could benefit the consumer lto persuade potential customers to purchase or lto consume that particular brand. l lGoal: lrepetition of an image or product name in an effort to associate related qualities with the brand in the minds of consumers Instruments of Advertising lTelevision lwith special computer graphics and with a song that listeners soon relate to the product lthe most effective mass-market advertising format with high prices TV advertisements l lRadio advertising lWhile radio has the obvious limitation of being restricted to sound, proponents of radio advertising often cite this as an advantage. l lPress advertising lallows private individuals or companies to purchase a small, narrowly targeted ad for a low fee advertising a product or service. l lOnline advertising lExamples of online advertising include contextual ads that appear on search engine results pages, banner ads l lBillboard advertising llocated in public places which display advertisements to passing pedestrians and motorists l lCelebrities lfocuses upon using celebrity power, fame, money, popularity to gain recognition for their products and promote specific stores or products l Evaluation of advertising lIs the message clear at the first view? lIs advantage of the product (service) clear at the first view? lIs the product (service) ease to identify? lIs the brand (company) ease to identify? Advertising lthe best one for lman lwoman lkid l Advertising and children lKids are among the most sophisticated observers of ads. l lThey can sing the jingles and identify the logos, and they often have strong feelings about products. l lMass media are used not only to sell goods but also ideas l lTypical products with aimed promotion at children and adolescents: lthe makers of toys, sweets, ice cream, breakfast food and sport articles lAdvertising for other products preferably uses media with which they can also reach the next generation of consumers. For example – Cigarettes are used as a fashion accessory and appeal to young women or spots include sporting heroes and smoking through sports sponsorship l lBusiness is interested in children and adolescents because of their buying power and because of their influence on the shopping habits of their parents l Advertising and children lThere are some attempts to restrict advertising directed at children. In Europe, debate is on whether (or how much) advertising to children should be regulated. This debate was appear by a report released by the Kaiser Family Foundation in February 2004 which suggested fast food advertising that targets children was an important factor in the epidemic of childhood obesity in the US. l Task lHow is perceive advertising for children in your country? l lDo you have prohibited advertising for children? Trends in Advertising lmobile and internet advertising grew in the last years l lOlder media advertising saw declines: the most at newspaper and magazines l lAnother significant trend regarding future of advertising is the growing importance of the niche market using niche or targeted ads. l l Promotion - spots lhttps://www.adweek.com/creativity/the-5-best-ads-of-the-2019-super-bowl/ l lhttps://www.ispot.tv/ad/w6vB/1-800-law-firm-mesothelioma?autoplay=1 l lhttps://www.ispot.tv/ad/7Jf3/avvo-when-you-need-a-lawyer?autoplay=1 l lhttps://www.ispot.tv/ad/wyl4/legal-help-center-listen-up l lhttps://www.youtube.com/watch?v=EWNsC519wjw l lhttps://www.youtube.com/watch?v=6TGH-5Nhyak l lhttps://www.youtube.com/watch?v=Hr5_Me06z5g l lhttps://www.youtube.com/watch?v=HL3MxAH-kDI l l Sales promotion lincludes: lPrice deal, rebates: lThe price of a popular product is temporarily reduced in order to stimulate other profitable sales lA temporary reduction in the price, such as happy hour lThe packaging offers a consumer a certain percentage more of the product for the same price lOffers a brand at a lower price lConsumers are offered money back if the receipt and barcode are mailed to the producer. l lLoyal Reward Program: lConsumers collect points, or credits for purchases redeem them for rewards lConsumers play an interactive game associated with the promoted product. l lCoupons: lA coupon booklet is inserted into the local newspaper for delivery. lOn checkout the customer is given a coupon based on products purchased. l lGet some presents or products free lE.g. offers a discount on the total dining bill by offering 1 free kids meal with each regular meal purchased. l Public relations lPR can be used to build rapport with employees, customers, investors, voters, or the general public. l lTraditional tools include: lpress releases and media kits which are sent out to generate positive press on behalf of the organization lbrochures, newsletters and annual reports lseminars l lCurrent tools include: linteractive social media, such as blogs or Facebook l lIf a politician or organization can use an apt phrase in relation to an issue in interviews or news releases, the news media will often repeat it verbatim, e.g. culture of life l lPR technique have been documented in many industries, e. g. Coal mining corporations have created environmental groups that contend that increased CO2 emissions and global warming will contribute to plant growth and will be beneficial or tobacco companies have created and funded citizens' groups to advocate for tort reform Direct marketing lDirect marketing is used by small to medium enterprises with limited advertising budgets which do not have a well recognized brand message. l lThe most common form of direct marketing is: ldirect mail - used by advertisers who send paper mail to all postal customers in an area or to all customers on a list ltelemarketing - in which marketers contact consumers by phone le-mail marketing – called as SPAM l l lChoose from Internet the best one spot for legal services (law company). Task for next lesson