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Delve into the realm of marketing and explore its relevance, from identifying customer needs to strategic brand promotions. Discover the art of advertising and its principles, along with the significance of target markets and effective methods used in marketing campaigns.
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Tashina Renquist Colorado Technical University www.coloradotech.edu
OUTLINE • What is Marketing • How it Relates to You • Comment Card • Brands, Markets, and Slogans • Methods of Marketing
What is Marketing? • Identify a Need • Fill/Satisfy the Need • Do it for a profit No one is in business to lose money! Definition selling of products or services: the business activity of presenting products or services in such a way as to make them desirable (http://encarta.msn/dictionary)
Principles of Advertising A = Attention I = Interest D = Desire A = Action
Advertisers spend millions of dollars every year analyzing their consumers… Are you a target too?
By the age of 20, the average American hasseen 1 million commercial messages. The average company spends over one billiondollars marketing their products to young people. What companies have targeted you?
COMMERCIALS EFFECT EXAMPLE: The Super Bowl
2009 SUPER BOWL RESULTS Who Won? Who Lost? What was your favorite Commercial?
For a 30 SECOND AD During the 2009 Super Bowl It cost, on average, $3 MILLION Per commercial
Food Shelter Clothing Water Necessities of Life
Today’s “Necessities” Phone / Cell Phone Car DVD / CD player Microwave Computer What Else?
Why DO we buy? Necessity Emotions Word of Mouth Bandwagon
COMMENT CARD Today’s Workshop Brought to You By: COLORADO TECHNICAL UNIVERSITY Health Science (Medical Assisting) Computer Science and Information Technology Business Administration Criminal Justice Paralegal and Court Reporting
COMMENT CARD • Jump Start Scholarships Available (amongst others) • Career Services: during, graduation, and post graduation services available • Field Experiences Professors • Financial Aid available for those who apply and are qualified CTU: Hands on technology based learning environment
Sports Drinks Soda Pop Fast Food Soap Deodorant Gum Jeans T.V. Shoes Perfume/Cologne Chips Toothpaste Toilet Paper Kleenex Make-up Automobiles What Brands Do You Buy?
Target Market Age Gender Ethnic / Cultural Backgrounds Socioeconomic Status What Else???
Creating an Identity Name Spokesperson Logo Colors Slogan
Commercials • Short • Entertaining/Informative • Attractive • Easy to Remember • Costly
Careers in Advertising/Marketing Marketing Specialist Graphic Designer Illustrator Art Director Account Representative Special Effects Artist Web Page Designer
Tashina Renquist Colorado Technical University 605-361-0200 www.coloradotech.edu