Page 255 - DMGT507_SALES AND PROMOTIONS MANAGEMENT
P. 255

Unit 14: Measurement of Advertising Effectiveness




          The attached electronic meters record the television viewing by panel members to  ascertain  Notes
          whether they saw the commercial, when they saw it and how often they saw it.
          There seems to be a growing belief among many advertisers that single-source measures will
          change the way research is conducted. This technique offers the advantages of controlling copy;
          determining the impact of promotions, try different media schedules or frequency of advertising
          and the ability of measuring the effects of advertising on sales.


                 Example: Some major corporations and ad agencies are now employing this method,
          such as Pepsi-Cola, P & G, Nestle, Colgate-Palmolive, Leo Burnett and J. Walter Thompson.




              Task       Make a print ad of any product on your own and carryout the pre-testing
                         and post-testing. Assume that your colleagues and family members are
                         your target audience.





             Case Study  Panorid Pain Balm

                  anorid was more than eighty-year old pain balm, and a market leader. It was meant
                  for external application to relieve headache, muscular pain, and colds. The product
             Pprimarily catered to the needs of people having faith in traditional remedies. There
             were several  competing products available in the market, both in  the traditional and
             modern categories of pain remedies. The manufacturer asked the ad agency to come up
             with new campaign that should sustain the  interest of existing users, and arouse the
             interest of potential users. After the campaign was pre-tested, the findings were presented
             to the client for campaign approval.
             The head office of  the company manufacturing Panorid was at  Hyderabad. The  main
             business of the company was in traditional Ayurvedic medicines, and Panorid was the
             leading  product in  its portfolio. More than  half of  the company's  total turnover  was
             accounted by this single product. Of the major three  indications, headaches, muscular
             pains, and colds, a very large proportion of usage was for headaches. A number of other
             well-known remedies,  including allopathic formulation, such  as analgesics,  as well  as
             pain balms were available. Vicks was a brand leader amongst cold remedies and Relieve
             was dominating the muscular pain remedies category.
             Market segment for Panorid was well defined. It appealed to all individuals and families
             who had a faith in traditional values. As much as 80 per cent of Panorid usage could be
             attributed to people with the above background seeking relief from headaches, and these
             people had no preference for analgesics. Though Panorid was undoubtedly the leader, no
             specific data was available regarding the market share.
             The major advertising objective was to ensure that the existing users of Panorid would go
             in for repeat purchases. Advertising should also be able to arouse the interest of those in
             this segment (people with faith in traditional values), who may not have used Panorid
             earlier, or might not be regular users.
             The agency people deliberated at length on the matter and came up with a number of
             creative ideas. The  roughs were accordingly prepared,  and those  considered with  the
                                                                               Contd...




                                           LOVELY PROFESSIONAL UNIVERSITY                                   249
   250   251   252   253   254   255   256   257   258   259   260