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A marketing tool for Marcom – PR and Advertising
Integrated Marketing Communication
The IMC tools
Ad
PR
Personal Selling
Dms
Sponsership
Digital Solutions
Sales Promotions
Integrated Marketing Communication (IMC):
A system of managing and integrating marketing communication elements with the result that all elements adhere to the same message
IMC starts with customer understanding
Requires careful study of customers’ communication usage pattern and information needs
Communication media (contact points) is dictated by the customer’s needs and behavior
Involves an outside-in approach to decision making
Thus it is also important to use all the brand contacts with the customer
Use all forms of communication and all sources of contact
Communication media (contact points) is dictated by the customer’s needs and behavior
Involves utilization of communication outlets that are appropriate for reaching the target audience
In IMC all communication elements should convey the same, unified
message, otherwise consumers will be confused
Expected output from the use of IMC
awareness or attitude changesbehavioral changes
move people to action
Marcom Practice &
The IMC Thrust
Increased reliance on highly targetedcommunications methods
Expanded efforts to assess return on investment
Reduced Dependence in Mass-Media Advertising
Brand Knowledge
Brand Awareness
Brand Image
Brand Recognition
Brand Recall
Types of Association
Favorability Strength
Uniqueness Associations
Attributes
Benefits
Attitude
MARCOM – Enhancing
Brand Equity
Brand EquityA brand possesses equity to the extent
that consumers are familiar with the brand and have stored in memory favorable, strong, and unique brand associations
Brand Image
Brand Awareness
Determining the Strategy
Market
Objectives
Nature of product
Life cycle stage
Competative stage of market
Budget
Push vs/ Pull
Market
Who is the intended market?
Business-to-business market or consumer market?
Understanding of the product’s target market
Objectives
What are the objectives?
Creation of product category wants or brand preference?
Nature of Product
What is the nature of the product?
Business-to-business products versus consumer goods
t
Life Cycle Stage
What is the product life-cycle stage?
New product versus a mature product
Competative Actions
What are competitors doing?
Does the competition allow trade allowances and, if so, how large?
Budget
What is the available budget for promotion?
Do we emphasize personal selling or mass advertising?
Push vs/ Pull
Push
Utilizes aggressive trade allowances and personal selling to obtain wholesaler and retailer distribution
The product is pushed through the channel
Pull
Encourages consumer demand for the product to obtain distribution
Use of heavy advertising and high value coupons
Selecting Target MarketManaging
the IMC Process in Marcom Selecting a target market
Establising Objectives
Formulating a positioning strategy
Budgeting
Formulation & Implemintation of media strategy
Evaluation of communication effectiveness
Selecting a target market
Allows marketing communicators to more precisely deliver messages to the target group
Attempts to avoid wasting money outside the target market
Identify potential target markets in terms of a combination of characteristics that will cause these consumers to act in a similar fashion (demographics, lifestyles etc.)
Establising Objectives
Objectives must fit within the company’s overall corporate and marketing objectives
Must also be realistic and stated in quantitative terms with the amount of projected change and the time duration specified