The target market for the M-PESA mobile money service ranges from business owners who can be paid their bills using the service to the Safaricom network users who spend a lot of time and money to send money to their friends and families or to pay their bills, and in Kenya, some of the closest rivals of the service are Airtel money, Yu cash and Orange money. Safaricom Kenya limited uses successful business and media personalities to endorse their product such as Jaguar and Size 8 who are some of the most celebrated media personalities in the country. The use of Jaguar, a celebrated musician in the country whose story of rags to riches identifies with most of Safaricom mobile services subscribers was well informed as the musician is seen by many young people as their role model in their quest to pull themselves out of poverty. The “Niko na Safaricom” advert that was performed by the Safaricom choir was hailed as one of the best musical adverts ever shot in the country and it became a household song soon after its release. Point of sale promotion also encouraged many people to register for the service as the registration was free and SIM cards were sold at subsidised rates. The introduction rates for the service, although they were perceived to be fair, they were relatively expensive to most of the M-PESA service users The company also uses the social media to encourage its subscribers and the subscribers of their rival companies to subscribe to the service by asking quizzes about the benefits and the products within the M-PESA service on its facebook fan page. Introduction The purpose of this report is to analyse the various communication elements that Safaricom Kenya limited has included in its communication mix to sell its M-PESA mobile money service to its subscribers. This report has highlighted the main communication techniques that the company has adopted that ranges from celebrity endorsements by popular media and business personalities in the country to advertisements. Point of sale promotions, the way the product is packaged within other services offered by the company, its advertisement strategies and how it has used the social media and especially facebook to market the M-PESA mobile money service (Kloeppinger-Todd & Sharma, 2010, p239). The report will compare the brand with other similar services that are offered by its rival companies; however, due to the large number of services that the company offers, the report will not look at the communication mix that the company has used to market its other products and services (Pike, 2008, p56). Product history Safaricom M-PESA service has been in existence in Kenya since the year 2007 when it was launched, it was launched as a mobile money transfer service that would enable its users to transfer money to other subscribers of the network. However, it was advanced to incorporate sending of money to other mobile subscriber networks such as Celtel, which is currently Bharti Airtel Kenya and Telkom Kenya. The M-PESA mobile money service entails services such as depositing and withdrawing of money, transferring of money to other users and non-users, purchasing of airtime, pay bills and transferring of money between the service and a bank account of the user in some
Practical Marketing Communication Name: Institution : Course: Tutor: Date: Table of Contents Executive summary 3 Introduction 4 Product history 4 Target market 5 Competitors 5 Celebrity endorsement 6 Advertisement 7 Point of sale promotion 8 Sales promotion 8 Packaging 9 Sponsorship 10 Social media 11 Conclusion 12 Recommendations 12 References 13 Executive summary The aim of this report is to critique the communication mix that Safaricom Kenya limited has used in marketing its M-PESA mobile money service…
In addition, organizations can reach their potential customers through several channels. Marketing communication is one of many tools via which an organization can market its products, ands this may be in the form of advertising, direct marketing, trade shows, seminars, websites, public relations, and sales promotions among others.
Approach of IMC used 8 Challenges of IMC tools 9 Recommendations and suggestions for future use of IMC 9 Conclusion 10 References 12 Abstract This paper has been written to enhance the practical knowledge of integrated marketing Communication usage in today’s world.
Generally speaking marketing communications includes all the activities that are related to promoting a product in order to sell it. In our daily life we interact with so many different marketing gimmicks that our mind absorbs only a few. TV, Radio, Newspaper, Billboards and now most commonly used media the internet is now being used to promote all kinds of products, ranging from consumer durables to unethical pornographic products.
Print ads are the oldest form of advertising and rely on the various elements used in the ad to convey message. The print ads usually carry implicit and explicit messages for the readers.
Implicit Communication refers to communication which is implied, embedded in the ad.
em-solving behavior’ for it is difficult to assess those goals toward which consumers strive and the processes through which they seek to attain these goals.
To analyse consumer attitudes towards a particular product, it is essential to focus mainly on the goals that consumer
Despite that, no marketing strategies have been yet applied to influence the buying behavior of these so called ‘average bloke’. Marketers have still not defined these people in any target market category, and
practices of advertisement, brand language, branding, marketing, direct marketing, packaging, graphic design, publicity, promotion, public relations, sponsorship, sales promotion, sales and online marketing are generally known as marketing communication managers, or marketing
Marketing strategy is made with the purpose of deciding the kind of customers to whom marketer wants to sell a particular product. In broader term, such range of customers forms the target market and a marketer’s job is
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