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Integrated Marketing Communications Chapter -1 IMC Concept

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Integrated Marketing Communications Chapter -1 IMC Concept
Pizza !





List the first five pizza companies that come to mind.











Discussion Slide



Describe the advertisements used by each. Can you identify each company’s logo, tagline or any other prominent identification marks? What makes a good pizza advertisement?



Chapter 1: Integrated Marketing Communications

Chapter Overview

   







Highly competitive global marketplace. Need to invest marketing dollars wisely. Firms are demanding accountability. Change in roles of account executives, creatives and brand managers. Chapter One topics:

– Communication processes – Integrated marketing communications – Global integrated marketing communications



Exhibit 1-2 Shoe Advertisements



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Which advertisement attracts your attention the most? Which advertisement is the least appealing? How important is the brand name in each ad? What is the message of each individual advertisement? What makes each advertisement effective? What are the pros and cons of each advertisement?



Figure 1-1 Communication Process

Noise



Sender

Noise



Encoding

Channel Decoding



Noise



Feedback Noise



Receiver



Discussion Slide



Exhibit 1-2 Shoe Advertisements













What message do you think each sender wanted to communicate? What factors affect the decoding of each ad’s message? What noise factors would interfere with receiving the correct message?



Types of messages

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Planned message Inferred message- marketing mix element Maintenance message- personnel Unplanned message



Figure 1-2 Barriers to Communication

Between Individuals





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Age Gender Culture Social status Personality



Between Companies

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Poor selling techniques Unfocused advertising Poor media choices Failure to find correct contact persons



Within Companies





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Poor downward flow (orders, procedures) Poor lateral flow (communication between departments) Poor upward flow (employees afraid of management) Poor machinery (computers, telephone systems, intranet systems) Information not stored for future use or poor retrieval system



Advertising Clutter





To how many ads were you exposed during the last 24 hours from the following media?

– – – – – – Television Radio Magazines Newspapers Billboards Internet Web sites







How many ads can you recall from each of the above media?



Discussion Slide







Integrated Marketing Communications is the coordination and integration of all marketing communication tools, avenues and sources within a company into a seamless program which maximizes the impact on consumers and other end-users at a minimal cost. The IMC includes all business-to-business, channel, customer, external communications and internal communications.



Figure 1-3 Traditional Marketing Mix

Product Price Promotion Distribution



Advertising



Sales Promotions



Personal Selling



Direct Marketing



Public Relations



IMC









It is a process of managing the customer relationships that derive brand value. It is a cross functional process for creating and nourishing profitable relationship with customers and other stakeholders by strategically controlling or influencing all messages sent to these group and encouraging data driven purposeful dialogue between them



IMC





 







Cross functional-coordination and cooperation among various department and external agencies---to get to a common goal Relationship oriented Integrated message through marketing communication and indirectly through other element of marketing mix Interactive—two way rather than one way.



Figure 1- 4 The Marketing Plan

Situation analysis.  Marketing objectives.  Marketing budget.  Marketing strategy.  Marketing tactics.  Evaluation





Figure 1-5: Integrated Marketing Communication Plan

IMC Concept Ethics & Social Issues



Chs. 3-6



Chs. 1-2



Promotion Analysis Brand and Firm Image Consumer Buyer Behavior B-to-B Buyer Behavior



Marketing Plan



Advertising Management Chs. 7-10 Advertising Media Selection Advertising Design Trade Promotions Consumer Promotions Personal Selling



Chs. 11-13



Chs. 14-17



Public Relations Sponsorship Programs Database Programs Internet Marketing Evaluating Integrated Marketing



Figure 1-8 Items to be Included in an IMC Program

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Company logo Product brand name and company name Business cards Letterhead Carry home bags (paper or plastic) Wrapping paper Coupons Promotional giveaways (coffee mugs, pens, pencils, calendars) Design of booth for trade shows Advertisements (billboards, space used on cars and busses, television, radio, magazines and newspapers) Toll free 800 number Company database







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Cooperative advertising with other businesses Personal selling pitches Characteristics of target market buyers Characteristics of business buyers Sales incentives provided to sales force (contests, prizes, bonuses and commissions) Internal messages Company magazines and newspapers Statements to shareholders Speeches by company leaders Public relations releases Sponsorship programs Web site



Four Stages in Cultivating an IMC System

[American Productivity & Quality Center]

















Stage 1: Identify, coordinate and manage all forms of external communications. Stage 2: Extend the scope of communication to include everyone in the organization. Stage 3: Apply information technologies to the IMC program. Stage 4: Treat the IMC as an investment and not a departmental function.



Strategies of the Best Companies

[American Productivity & Quality Center]











Developed both interpersonal and crossfunctional communications. Involved customers in planning processes. Understood customers as corporate customers for the purpose of cross-selling.



Figure 1-6 Factors Affecting the Value of IMC Programs

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Development of information technology. Changes in channel power. Increase in competition (global competitors) Maturing markets. Brand parity Integration of information by consumers Decline in effectiveness of mass media advertising.



Barriers to IMC

•Top management support



•Organizational Barriers--hierarchical



•Cultural Barriers—Fear of losing power and reduction in budget allocation



The Internet Impact

Changes in Channel Power

Greater use of the Internet to buy and sell products



Figure 1-7 Viewer Activities During TV Commercials

Positive Responses:  Get amused by the ads (26%)  Sit and watch commercials (19%)



Negative Responses:  Get annoyed at the number of ads (52%)  Get up and do something else (45%)  Switch channels (39%)  Talk to others in the room (34%)  Turn down the sound on TV (19%)  Read (11%)  Use the computer (5%)

Source: Jennifer Lach, “Commercial Overload,” American Demographics, (September 1999), Vol.. 21, No. 9, p. 20.



Global Integrated Marketing Communications











GIMC is more challenging in the international arena. Standardization vs Adaptation. ―Think globally, but act locally.‖



Building Your IMC Campaign

   



Organizational Culture Client Agency Relationship Collaborative Strategy Customer Centric Strategy




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