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Chapter 16 Public Relations, Publicity, and Corporate Advertising

Irwin/McGraw-Hill

© The McGraw-Hill Companies, Inc., 1998

Marketing Public Relations (MPR) Adds Value: • Building marketplace excitement before media advertising breaks • Creating advertising news where there is no product news • Introducing a product with little or no advertising • Providing a value-added customer service • Building brand-to-customer bonds • Influencing the influentials • Defending products at risk and giving Slide 16-1 consumers a© The reason to buy McGraw-Hill Companies, Inc., 1998 Irwin/McGraw-Hill

Advantages and Disadvantages of PR Advantages: – – – – –

Disadvantages:

credibility low cost less clutter lead generation ability to reach specific groups – image building

– not completing the communication process – redundancies with the marketing effort

Slide 16-2

Irwin/McGraw-Hill

© The McGraw-Hill Companies, Inc., 1998

Additional Means for Measuring PR’s Effectiveness • Personal observation and reaction • Matching objectives and results • The team approach • Management by objectives • Public opinion and surveys • Audits Slide 16-3

Irwin/McGraw-Hill

© The McGraw-Hill Companies, Inc., 1998

Types of Corporate Advertising • Image advertising

 Chevron

• Advocacy advertising

 California Avocado

Commission

• Cause-related  J.C. Penney - PBS advertising Slide 16-4

Irwin/McGraw-Hill

© The McGraw-Hill Companies, Inc., 1998

Advantages and Disadvantages of Corporate Advertising Advantages: – Excellent vehicle for positioning the firm – Takes advantages of benefits of PR – Reaches a select target market Disadvantages: – Questionable effectiveness – Constitutionality and/or ethics

Slide 16-5

Irwin/McGraw-Hill

© The McGraw-Hill Companies, Inc., 1998

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