Advertising Strategies

All posts in the Advertising Strategies category

Breaching Communication Barriers Independence Day Sweepstakes!

Published July 2, 2014 by Mayrbear's Lair

The feedback on Breaching Communication Barriers is starting to come in:

“Wonderful!”  “I really enjoyed this!” “Entertaining and easy to understand!”

 Just click the graphic below to submit your email address and enter the Sweepstakes!

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Good luck … and have a Happy Fourth of July weekend!

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Learn from yesterday, live for today, hope for tomorrow. – Albert Einstein

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Online Marketing

Published November 8, 2013 by Mayrbear's Lair

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Viral marketing is a very effective strategy in which advertisers spread their message digitally from one person to another. This strategy counts on individuals to get excited about something and share it with their friends and family through various social media outlets. There are many reasons why things like wristbands, nonfat Greek yogurt, low-fat diets, Atkins, South Beach, iPhones, and the Macarena caught on. Berger (2013) explains that these are all samples of social epidemics, situations where ideas, products, and behaviors became a part of public consciousness that was spread by word of mouth. There are three main reasons why products go viral: (a) innovative quality products or ideas that offer value, (b) discounted products or services that offer equal value as their pricey competitors, and (c) unique advertising efforts (Berger, 2013). Although it is fairly easy to identify samples of social contagion, it is actually much more difficult to get something new to actually go viral. One reason some products and ideas become sensations is because they are just better products. In other words, when items come along that function more efficiently, people tend to want to own them. For example, earlier models of television and computer monitors were large and weighed considerably. Flat screen sales skyrocketed because they offered larger screens and weighed less. It doesn’t take a rocket scientist to figure out why they became a sensation.

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In today’s world, the Web has transformed the way people interact with each other. A variety of services have been developed for instance, to help people keep in touch with whoever they want, whenever  and from where ever they choose with speed and ease. In other words, society is interconnected in a way that has improved our lives considerably just with a few keystrokes and clicks of their electronic devices. Adams (2013) asserts that although we can connect instantly, this same element has created a high level of deafening noise and clutter to penetrate. As a result of the bombardment of advertisers trying to reach consumers, people are only focused on what is relevant to them at that moment. Marketers are now beginning to comprehend that providing value alone is not enough to grab a viewer’s attention. If it doesn’t include an innovative idea or unique presentation, it will have a harder time getting through to the masses (Adams, 2013). To make an impact in the online marketing community, it helps to have an idea that is fresh, new, different, and remarkable. Most people would like to believe success will happen overnight. However, in most situations, that’s not the case. There is a tipping point that must occur. In other words, once the idea reaches a certain tipping point, the idea then causes a crescendo like a virus that goes on to produce an epidemic. This occurs faster now because of the interconnectedness within the global network.

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There are many examples of things that have gone viral like Google, Facebook, Twitter, Starbucks, and Harry Potter. They all went viral because they provided unique value and were innovative brands. The length of time varied from weeks, to months, to years but what set them apart from all the others was that they offered value in a unique way. Baack and Clow (2013) contend that the primary reason people are on social networks is to showcase their self. Successful corporations are now using this strategy to connect closer with consumers. Social media acts as a platform for advertisers reach prospects so that they will then share that information with those they care about (Baack & Clow, 2012). Marketers want their campaigns to go viral online and social networks allow them to create campaigns that will spread by word-of-mouth. This kind of strategy is more effective because word-of-mouth is more targeted and therefore, more persuasive. Companies are more successful when consumers spread the word about their brand because it is a genuine response from the users. To make an online marketing strategy effective, marketers develop their campaigns knowing that word-of-mouth strategies will help them connect to a relevant audience.

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A recent example of an advertising campaign that went viral was a promotional ad for the theatrical release of a very popular remake of the 1970s movie Carrie. The advertising company hired a professional film crew and worked in partnership with a small Manhattan café where the event took place (Telekinetic Woman Pranks Coffee Shop Customers!, 2013). The environment was secretly set up by the professional crew prior to the shop opening adding special effects components to make the reaction from the patrons more believable. Actors were hired to play out a short scene and cameras were strategically hidden to capture the event while  innocent patrons witnessed the action that transpired. Once the event was set in motion, the male performer began to agitate a young female patron at the cafe that was engaged in her studies. The young man deliberately spills her coffee on her computer workstation. This caused the young woman to react and lose her composure. Losing her temper created a chain reaction to where she became so angry she began to use what seemed like telekinetic powers to throw the man against the wall and with the wave of her hand, he starts elevating up while pressed against the wall to the full height of the ceiling. In the meantime, her anger has not subsided and she begins moving the café furniture, tables and chairs out of her way as well with the wave of her hand as if by magic. The expressions and genuine screams from the unsuspecting patrons was priceless. Afterwards they were advised it was all part of a hired crew to create a promotion for the upcoming movie Carrie. Needless to say, the video has gone viral. That was one very effective and cleverly unique way that brand communicated a their message.

This concludes my organizational management research work on the various components of marketing, advertising, and public relations. Thank you for sharing this journey with me so far. Next week we begin a new adventure as my research work for the next six weeks will focus on corporate financial decision making. Until then … have a great weekend everyone!

References:

Mayer, M. G. (Producer). (2013). Telekinetic Woman Pranks Coffee Shop Customers! [Motion Picture].

Adams, R. L. (2013). Viral – How to spread your ideas like a virus. Amazon Digital Services, Inc.

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (5th ed.). Upper Saddle River, NY: Pearson Education, Inc.

Berger, J. (2013). Contagious: Why things catch on. New York, NY: Simon and Schuster.

 

Public Relations

Published November 6, 2013 by Mayrbear's Lair

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A marketer’s job is to dream up different ways to interrupt people so that prospects will focus their attention on the one-way message they deliver. A publicist’s job, on the other hand, is to manage the company’s image, or how the public perceives them, and make sure that the marketing messages transmitted support a positive brand image both internally and externally. Scott (2013) contends that in the past public relations (PR) strategies were exclusively focused on the media and achieving one objective: getting the news and entertainment outlets to pick up their story. Today organizations communicate directly with their patrons. Because of advertising saturation in the marketplace, many reporters and editors do not respond to unsolicited press releases. Instead, they seek out interesting topics, products, people, and companies from blogs, twitter and search engines (Scott, 2013). In other words, in today’s world, marketers plan their PR strategies by doing a good job of crafting and telling their story so that the media will find them and write about them.

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Marketing and public relations were once considered separate divisions and run by different staff members with their own goals, strategies, and measurement tactics. However because of advances in technology and the internet, a monumental shift has occurred in the marketing universe that changed the landscape dramatically. Gehrt and Moffit (2009) suggest that recent studies revealed that PR strategies rate as one of the top three contributors to organizational success, beating out efforts from sales, human resources, legal, strategic planning, information systems, and other major corporate functions. As a result, company leaders are allocating more funds to support their PR campaigns (Gehrt & Moffitt, 2009). In addition, consumers have become more perceptive and are quick to recognize spin techniques. Because of this, strategists have to construct their PR campaigns effectively and include stories or angles about their brand that are developed by objective and reliable outside sources. The PR teams role in a company’s marketing efforts is to help shape credible perceptions about a brand, their products, and services.

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There are many ways that PR strategies can offer value to consumers. For example, Baack and Clow (2012) explain that because a company’s reputation is perceived as delicate as well as a beneficial asset, a company that is considered ethical and keeps their promises are in a better position to generate more business. Furthermore, companies with a stellar reputation are often shielded during difficult predicaments (Baack & Clow, 2012). Effective PR campaign that supports a positive image also helps to build consumer trust. For instance, one way companies use PR strategies to offer consumers’ value that helps build a positive reputation, is to sponsor and support philanthropic causes. A healthy snack food company for instance, can include in their PR campaigns that part of their proceeds are donated to the Diabetes Foundation. Consumers find value in this partnership because it enhances their view towards the brand and it makes them feel special that they too can support a worthy cause whenever they make a purchase. As long as companies develop their campaigns in a way that genuinely support a notable cause this strategy helps to build a positive image. If consumers, however, discover that a company leader donated money publicly to a children’s charity while he was six months behind in child support, chances are that company’s reputation will suffer greatly. A company that sells healthy snack foods and donates part of their proceeds to support diabetes research, however, is perceived as a natural alliance because it benefits both entities rather than if the company had aligned themselves with a pet rescue organization that has nothing to do with their industry. PR strategists design their campaigns carefully because consumers have more power because of social media. If they become suspicious about a brand’s intentions to support a charitable cause, they can now write about it in blogs and other media outlets which can in turn, create a nightmare of negative publicity; one that a company may never recover from.

References:

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (5th ed.). Upper Saddle River, NY: Pearson Education, Inc.

Gehrt, J., & Moffitt, C. (2009). Strategic public relations. Salem, OR: Bookbyte Digital.

Scott, D. M. (2013). The new rules of marketing and PR. Hoboken, NJ: John Wiley & Sons.

Advertising Research (Conclusion)

Published November 4, 2013 by Mayrbear's Lair

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Direct Response Marketing and Setting Objectives

To set marketing objectives, advertisers must identify the most efficient means to communicate their message and incorporate the best research methods to help them accomplish their goals. Eyun-Jung et al., (2012) purport that online data collection methods are more commonly employed than offline methods and must be taken into consideration during their research efforts (Eyun-Jung, Hyoungkoo, & Lan, 2012). In order to determine and set objectives marketers must identify precisely what they intend to communicate and what their message is supposed to achieve. In addition, they must determine the most appropriate means and tools used to communicate their message so that the answers to these key questions flow organically. Direct response marketing is another research strategy advertisers use to better understand their audience. For example, companies invest time and energy to implement programs that include direct mail and email campaigns. In doing so, they provide consumers with such items as catalogs, surveys, flyers, and other means to communicate to them. These strategies are implemented in conjunction with other direct response mass media efforts developed in their TV, radio, and magazine ads, to influence consumer behavior and encourage some kind of immediate response. In turn, marketing teams use the information they gather to build a solid data warehouse which includes some of the following components: (a) client name and contact information, (b) purchase transactions details, (c) the history of company interaction including inquiries, return merchandise, or complaints, (d) survey results, (e) consumer preferences, and (f) consumer participation in promotions and marketing campaigns. Marketers utilize data management disciplines as a research strategy and evaluate the information collected to help them identify and design their promotional campaign goals. This is also an effective way to develop more meaningful relationships with consumers\ that not only builds consumer trust it can also help predict future trends and behavior.

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Personal Selling Tactics and Budget Plans

Advertising research is also effective for identifying the most efficient executional frameworks to deliver brand messages with the financial resources available. Learning about consumer lifestyles and media preferences help marketers reach prospects and communicate their messages with precision. For example, to avoid costly mistakes and allocate funds efficiently, marketers may include personal selling tactic strategies in their research efforts to help determine the company’s resources and budgetary needs. Thomas (2013) postulates that one of the greatest obstacles marketers face is integrating media strategies effectively and deciding on the most efficient executional frameworks to deliver their message (Thomas, 2013). The choice of media channels, whether TV, print, or outdoor, is one of the most important aspects in the development of a marketing campaign because bad decisions due to a lack of poor research and planning can result in considerable financial losses as well as cost a company to lose their brand positioning in the marketplace. Companies that include personal selling techniques in their advertising research strategies, for instance, offer consumers the opportunity to build relationships face-to-face with company representatives. In the meantime, strategists are able to learn more about consumer interests so they can build better budget plans to achieve their goals. For example, one personal selling effort tactic may include an in-store demonstration of a product to give people an opportunity to experience a company’s goods with their own eyes. The response they receive can help marketers create more effective programs and build better budget procedures to support them. This strategy helps marketers in their research efforts because it also provides an opportunity to generate new leads by adding a personal touch. In addition, it gives consumers a chance to meet and interact with company insiders that can provide more details about a brand. This discipline helps build trust, gives consumers a chance to discover a brand’s goods and services first hand, and the data gathered from the event plays a significant role in the development of effective budgetary plans to support them.

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Conclusion

Companies want to build brand awareness not lose it. Their goal is to tell their story while meticulously crafting their image in a way that cleverly presents their unique selling points. Baack and Clow (2010) explain that the recruitment of new leads from implementing such strategies like frequency programs, permission marketing enticements, and direct response marketing techniques, are all effective practices to motivate customer action and build brand loyalty (Baack & Clow, 2012). In other words, companies that use the data they collect from consumers as a research strategy, will help them develop more effective methods to motivate and influence consumer behavior and more likely to achieve successful outcomes.

Academic discipline strategies play a key role in advertising research because they help companies build meaningful relationships with consumers. Thomas (2013) reminds us that the main objectives of marketers are: (a) to generate new leads, (b) identify current prospects, (c) stimulate activity, and (d) implement effective follow up programs to ensure customer satisfaction (Thomas, 2013). Advertisers that incorporate disciplined strategies into their research efforts are more likely to get clients excited about a brand and have a better chance of closing a sale than trying to reach them blindly in a vast sea of consumers. In conclusion, the best way to achieve marketing goals is to incorporate disciplined research and data collection systems that can help companies identify and determine consumer behavior. This helps touch clients in a way that is not intrusive and instead makes them feel special and valued. The findings of this research conclude that brands can communicate their message more effectively and develop more efficient advertising campaigns by implementing strategic academic disciplines into their advertising research efforts.

References

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (5th ed.). Upper Saddle River, NY: Pearson Education, Inc.

Eyun-Jung, K., Hyoungkoo, K., & Lan, Y. (2012). Social media research in advertising, communication, marketing, and public relations. Journalism and mass communication quarterly, 89. Columbia, USA: Association for Education in Journalism and Mass Communication. Retrieved October 16, 2013, from http://search.proquest.com/docview/1026654509?accountid=32521

King, P., & Young, C. (2008). The advertising research handbook (2nd ed.). Seattle, WA: Ad Essentials, LLC.

Shimp, T. (2010). Advertising, promotion, and other aspects of integrated marketing communications. Mason, OH: South-Western Cengage Learning.

Thomas, J. (2013). Advertising research. Retrieved October 17, 2013, from http://www.decisionanalyst.com: http://www.decisionanalyst.com/publ_art/adver.dai

Advertising and Research (Part 1)

Published November 1, 2013 by Mayrbear's Lair

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Introduction

An advertising campaign’s function is to provide information about a brand in a memorable and entertaining fashion. To achieve the most effective response, marketers focus their strategic plans to develop the brand’s positioning with the message and images they choose to communicate. Shimp (2010) suggests that marketers can entice consumers in interesting ways by learning more about their wants and needs, using the information they collect to reach them more effectively (Shimp, 2010). These strategies are commonly used to help advertisers grab the attention of viewers, build trusting relationships with them, and in exchange patrons offer brand loyalty.

To find out more about a target audience media teams implement precision research systems into their campaign efforts to experience maximum benefits for their efforts. Baack and Clow (2012) contend that research systems give marketers insights into: (a) consumer purchasing habits, (b) the merchandise they use, (c) how they make purchases, and (d) other behavior that may affect their interaction with the brand. Advertisers typically focus their research efforts in two areas: product-specific and consumer-oriented data collection to better comprehend their target audience (Baack & Clow, 2012). Research strategies help marketers devise the best methods to communicate their messages more effectively to motivate consumer action. The focus of this study is centered on three academic disciplines that play an integral role in advertising research to help in the development of an effective marketing campaign: (a) data driven management systems to help support brand positioning, (b) the implementation of direct response marketing programs to assist with goal setting strategies, and (c) applying personal selling tactics that can have a profound effect on budget allocation. In addition, the study will also examine how components like data mining, customer profiling, trawling, and frequency programs are important for building customer relationships to help with research efforts. The findings of this study will conclude that companies who implement a disciplined advertising research program which includes strategies to individualize communication with consumers, will experience more success from their efforts. These programs can help address important issues that will influence the development of their promotional campaigns which in turn has an impact on the brand’s positioning, goal achievements, and budget plans.

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Data Management and Brand Positioning

Media experts look to position their brand more effectively by including strategic disciplines in their advertising research efforts. King and Young (2010) explained that a brand’s position communicates the benefits, their image, and the key advantages they represent in the way they want to deliver that message to the collective mind of their target audience. In order to determine their brand positioning in the core of their message, they must provide a tangible reason their brand stands out above the competition (King & Young, 2008). To position themselves above others, marketers begin by conducting thorough research on their competitors and collect substantial data to profile consumers as a means to better comprehend the marketplace. This strategy is also effective to help to establish trustworthy relationships with their patrons.

The first step for a marketing team is to incorporate strategic data driven systems into their research programs. To achieve this task, teams begin by developing a strong data warehouse that includes coding analysis capabilities which can also be used for data mining procedures. Data driven marketing provides a direct link to consumers and helps advertisers develop more effective relationships with their audience. For instance, because of advances in internet technology and software development, companies can easily build and develop strong database programs that support and personalize customer interaction to build loyalty. Technologies that support database storage, mining and coding operations are more effective in building intimate relationships with consumers because they keep track of their interaction with the brand. For example, a brokerage firm that has established a customer profiling program may use database mining strategies to implement a practice called trawling. This procedure helps companies identify active patrons and pinpoints the inactive ones. It also helps strategists determine whether clients should be pursued and enticed into new action or released to make room for others. Companies that incorporate data driven marketing strategies into their research programs do so to understand consumer values so they can build better relationships with them and increase their chance of elevating their brand position in the marketplace.

Part 2 to be continued next Monday … thanks for staying tuned!

References:

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (5th ed.). Upper Saddle River, NY: Pearson Education, Inc.

Eyun-Jung, K., Hyoungkoo, K., & Lan, Y. (2012). Social media research in advertising, communication, marketing, and public relations. Journalism and mass communication quarterly, 89. Columbia, USA: Association for Education in Journalism and Mass Communication. Retrieved October 16, 2013, from http://search.proquest.com/docview/1026654509?accountid=32521

King, P., & Young, C. (2008). The advertising research handbook (2nd ed.). Seattle, WA: Ad Essentials, LLC.

Shimp, T. (2010). Advertising, promotion, and other aspects of integrated marketing communications. Mason, OH: South-Western Cengage Learning.

Thomas, J. (2013). Advertising research. Retrieved October 17, 2013, from http://www.decisionanalyst.com: http://www.decisionanalyst.com/publ_art/adver.dai

Message Themes

Published October 30, 2013 by Mayrbear's Lair

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A marketer’s goal is to get a powerful message out to their target audience.  Kennedy (2011) suggests the best ads are built with the most persuasive, compelling, intriguing, fascinating message possible. To construct a super powered marketing message advertisers must assess everything and everyone they are up against that are presenting similar messages because their intent is to deliver a message that trumps all others and puts them in a category of uniqueness (Kennedy, 2011).  The strategy that helps marketers achieve these outcomes is doing their homework to come up with a unique selling proposition (USP) justifying their message against the competition. Incorporating a USP into the message theme of an advertising campaign will help the brand stand out above the others and is more likely to remain a fixture in the memories of consumers.

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Before marketers can start to build a tactical business case for content marketing they have to begin with the concept of innovation.  Baack and Clow (2012) explain that message themes are developed into a campaign to transmit key ideas in marketing campaigns. The use of recurring themes helps make the brand stand out more and is more effective at remaining in consumer memories. The message can incorporate different kinds of strategies that target (a) cognitive, (b) affective, or (c) conative responses to make their ads more appealing (Baack & Clow, 2012). For example, back in the 1990s, the Taster’s Choice Coffee Company created a series of ads that became both popular and memorable (Commercial, 1991). The ad conveyed a simple recurring theme in their message that conveyed that life seemed much better sharing a cup of Taster’s Choice coffee with someone special. The recurring theme that communicated their message was constructed in the form of a series of short dramatic scenes like a mini soap opera. Each time the couple would appear in different circumstances while viewers watched their relationship develop. The action was centered around the theme of sharing a cup of coffee each time viewers tuned in to witness the unique circumstances brought them together in each new ad. This advertising strategy was innovative at the time making this ad campaign a phenomenon in the history of TV commercials. This strategy was met with great success because their target audience was focused on people who were hooked to popular soap opera type shows at the time like Dallas and All My Children. Consumers were eagerly waiting for the next commercial to witness the plot development between the couple that was featured in the ads. Not only did sales boom, the Taster’s Choice brand became a part of pop culture during that time as millions of viewers anticipated each new episode to be a witness to the couple’s blossoming relationship. It was considered one of the most effective marketing campaigns on television at that era because of the emotional chord it struck with viewers. The soap opera message theme that delivered their message in that campaign was the bait that kept luring viewers and put Taster’s Choice in consumer memories for a long time. It’s twenty plus years later and I still remember them!

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References:

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (Fifth ed.). Upper Saddle River, NY: Pearson Education, Inc.

1991 Taster’s Choice Coffee Commercial (1991). [Motion Picture]. USA.

Kennedy, D. (2011). The ultimate marketing plan: Target your audience (Fourth ed.). Avon, MA, USA: Amazon Digital Services, Inc.

Customer Relationship Management

Published October 28, 2013 by Mayrbear's Lair

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Customer Relationship Management (CRM) is a strategic approach that marketers implement to manage customer interactions in an organized fashion. Buttle and Maklan (2009) describe CRM as a disciplined practice developed in organizational management to build and maintain profitable consumer relationships. CRM programs manage all aspects of interaction a consumer has with a company, which includes prospecting, sales, and service (Buttle & Maklan, 2009). In short, CRM methodologies are designed to provide insight in company/client relationships to help improve them. One way of doing this is showing appreciation to clients and making them feel valued. For example, a mortgage and loan broker will send out a thank you gift to a borrower that just closed on a loan to help show appreciation for their business. This maneuver is effective in building a relationship with the client that can help encourage repeat business and new referrals. Customers that feel special and have a positive experience with an organization tend to remain loyal to the brand.

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There are many steps involved in the planning and implementation of an effective CRM program. Baack and Clow (2012) explain that the objective of relationship marketing is to understand how consumers behave and what they want. By establishing direct communication through methods that include (a) surveys, (b) gifts, (c) promotions, and (d) service lines, companies can establish more personal relationships with their clientele through this interaction and the data they collect (Baack & Clow, 2012). Corporate advertisers implement various methods of CRM strategies, all of them however, begin with strong database and information collection systems. Up to date databases help identify and segment a target audience. Database systems that record consumer interaction including: (a) details about their sales experience, (b) personal interests, (c) family interests, and (d) other relevant data to help identify personal habits and behavior, are used to build intimate relationships with clients to make them feel special so that in turn they will offer their loyalty. The data gathered also reveals other significant data such as how many times they make purchases, visit stores, websites and other social media outlets. All of this information is assessed to help marketers determine whether to rekindle old inactive relationships or release them to make room for other more substantial leads.

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The experience a consumer has with a company will determine whether that brand becomes a favorite or is abandoned. Kumar and Reinartz (2012) purport that strategic CRM approaches have become more popular in recent years because the field has changed for many reasons, including advances in marketplace technology. CRM programs provide insights into past, current, and future trends that continue to influence consumer behavior. In addition, CRM strategies help develop better relationships with existing profitable consumers, locate and entice new ones that will be profitable, and implement effective strategies to maintain them while terminating relationships that cause profit loss (Kumar & Reinartz, 2012). The concept of customer value is critical to CRM programs. For example, I recently made an online purchase with the Jockey Company. To entice me as a first time customer, they offered a twenty dollar discount to try one of their new innovative and custom designed products based on information I provided them. This made me feel special because the custom design factor made it a more personal experience. As it turned out, because of this innovative component, it was the best product I had ever purchased. Especially since this is merchandise I have been investing in since I was a teenager. As a result of the positive experience, I gave them permission to send email alerts on other special values and sales items. In addition, every time I visit the website to view new offers, I am personally welcomed and my payment information is already stored for quick checkout. The experience with Jockey has been fun, personal, pleasant, and made me feel unique. As a result, I am now sharing my positive experiences about this exceptional product for women with every woman in my social network. From my perspective, the experience was more pleasant because of the effective CRM strategies incorporated. It was that personal touch that made me feel valued as a consumer and a person and in doing so earned my gratitude.

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References:

Baack, D., & Clow, K. (2012). Integrated advertising, promotion, and marketing communications (Fifth ed.). Upper Saddle River, NY: Pearson Education, Inc.

Buttle, F., & Maklan, S. (2009). Customer relationship management. Burlington, MA: Elsevier Ltd.

Kumar, V., & Reinartz, W. (2012). Customer relationship management (second ed.). Atlanta: Springer-Verlag Berlin Heidelberg.