Describing target markets
Marketing and advertising specialists must rr out research to determine what customers want and to develop products which satisfy customer needs. group of customers which shares common interest, need r desire is called market. Companies must determine which market would b most likely to bu certain product and aim t their marketing activities at this target. Specialists use mn different methods to divide markets into precise groups.
VI. Complete the sentences with the present simple or the present continuous forms of the verbs in brackets.
1. This year we (try) to develop a brand with personality.
2. We usually (develop) brands that say something.
3. Powerful brand names (create) strong consumer loyalty.
4. At the moment we (look) for a new brand name that suggests something about the products benefits and qualities.
5. LOreal (sell) cosmetics and toiletries to consumers around the world.
6. This year LOreal (invest) over 180 m pounds in Research and Development.
7. The marketing department always (keep) within its budget.
8. Because a company made a loss last year, the marketing department (try) to reduce costs.
VII. n advertisements contain slogan or short phrase to attract the consumer's attention. Effective slogans are usually short, easy to remember and easy to repeat. Here are several authentic slogans from advertisements. What type of product do u think each n is advertising?
1. Not everyone was meant to fly.
2. The colour of life.
3. Doesn't he deserve dinner that looks as good as yours? the time u remember left it n, it' s off.
4. See and b seen with.
5. Does she or doesn't she?
6.This year u should wear something loud. Doesn't your family deserve less?
7.Introducing seven easy ways to make chicken fly.
8.The best things in life are still made b hand.
9. Never before has something so little done so much for so mn.
VIII. Endorsement is commonly used advertising technique, in which person - often famous - speaks n behalf of product.
Give n example of n personality in ur country from each of the following fields who endorses product:
| Field | Name | Product |
| Sports | ||
| ntrtainmnt | ||
| Business |
In each case, do u think the right person was chosen to endorse the product? Present your findings to the group.
IX. Work as one group. One of you should lead the meeting. Discuss the following questions:
1. What are the advantages and disadvantages of using famous people in advertising?
2. Do u identify with stars and movie actors?
3. How n endorsing product b bad for celebrity's reputation?
X. Analysing advertisements.
Working in groups of three r fur, look through some recent magazines and newspapers and find two advertisements f different brands of the same product. Use the following checklist to mr the two advertisements u have chosen.
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What r the target markets fr the two advertisements? What benefits do the advertisements emphasize?
mr the language used in the slogans. Does it attract attention quickly? Is it humorous?
What technique is used in the text (r ) of each advertisement: is it factua1, does it contain celebrity endorsement, is there n text at all? Is the price mentioned?
Comment n the artistic content of the advertisements (photography, special graphics, etc.)
Which advertisement do u think will sell the most products? Which is the most creative? Is there anything u would change in either of the ads?
n your group has answered these questions, present your analysis of the advertisements to the rest of the students and see if they agree with your interpretation. Yu n a1so present your findings in short written composition. sure to attach the ads to your .
Text 2
Advertising
Before selling the goods, you must do a lot of market research first. The information needed can be obtained from Russian embassies, consulates, and trade representations, from the RF Chamber of Commerce and Industry and from the All-Russian Institute for Scientific Market Research, from trade associations and trade journals or from specialized consultant companies (who will do a professional market research job for you for a fee).
The information you are interested in is if there is any demand for your goods, what the market potential is, what sort of competition you will meet, i.e. how the price of your goods compares with other competitive products including those produced locally, local conditions and preference, local trading customs and habits, what seasonal factors should be taken into account and the like.
But in general marketing covers not only market research, but also planning the selection (assortment) of goods, and consequently the production itself, price policy, advertising and promotion of sales, controlling the sales and post-sales servicing.
So marketing is a system of running all the business activities of a company (organization) in respect of coordinating supply and demand for the goods produced. Originally marketing was meant to help avoid over-production in advanced capitalist countries.
Marketing may within the framework of socialist economy as well enable to co-ordinate production and goods circulation (consumption of goods) for the purpose of using all the resources for the benefit of people and for covering in the best possible way all their needs (requirements).
Advertising is an important means of promoting the goods that are being produced already as well as new lines in business.
There are specialized firms dealing with advertising. In our country it is V/O "Vneshtorgreklama" ("Rosvero"). Different kinds of mass media - TV, radio, newspapers, cinema, journals, magazines, posters, -are used for advertising goods. Special leaflets, booklets and other printed matter about the goods may be published for the same purpose. Participation in fairs and exhibitions helps promote our goods as well. Also, special advertising conferences may be held. The choice of media for advertising depends on the kind of goods and on the local conditions and people's habits: sometimes TV and radio ads are best, in other cases it may be trade journals or leaflets distributed among potential buyers.
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Pay attention to the following business letter as a sample of advertising:
FIRM OFFER FOR TRACTORS
Mr Nasser, Lipetsk, 10th Dec,
the Egypt Machines Inc.,
Egypt.
Dear Sir,
In reply to your enquiry of the 3rd of December for our Tractors LTZ-145 we are happy to inform you that we can make you a firm offer subject to your acceptance until the 25th of December.
Tractors are delivered with all the accessories needed.
You must be aware that it is not in our practice to allow any trade discount, that is our price does not include any trade discount, nevertheless if you pay in cash, you will be granted a discount of up to 20 per cent off the price indicated in the pricelist. The amount of the discount depends on the number of tractors you are going to order.
We hope that you will be pleased both with the operation and performance of Tractors LTZ-145 and will place further orders with us.
For your information we would like to point out that a new model of Tractors LTZ-155 is being developed which will have a number of advantages as compared with the old one and will embody the latest achievements in tractor-building. We hope to put it into production late next year.
If you want to have any further information, please do not hesitate to contract us.
We are looking forward to hearing from you soon.
Yours faithfully,
R.Popov
Sales Manager
Text study
I. Learn the following words
a trade discount - ()
consumption -
benefit - ; ; ;
goods circulation
allow -
II Answer the following questions:
1. What must you do before selling the goods?
2. What does market research mean?
3. Where can the information needed be obtained from?
4. What is marketing?
5. What fields of business activities does it cover?
6. What was the main purpose of marketing in advanced capitalist countries originally?
7. What is the purpose of marketing now?
8. What is the purpose of advertising?
9. What specialized firms dealing with advertising do you know?
10. How may the goods be advertised?
11. What does the choice of media for advertising depend on?
III Find in the text the English equivalents of the following phrases:
) 1. ; 2. ; 3. ; 4. (); 5. ; 6. ; 7. - ();
) 1. , , (); 2. ; 3. , ; 4. ( ); 5. ; 6. ; 7. ; 8. , ; 9. ; 10. ;
) 1. - ; 2. ; 3. ; 4. ; 5. ; 6. ; 7. ; 8. ; 9. (); 10. ; 11. () ; 12. , ; 13. ( ) ; 14. ; 15. .
