Imc

14
Managing Integrated Communication

Transcript of Imc

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Managing Integrated Communication

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Marketing communication

• Purpose: Seek a cognitive, affective or behavioural response from the target audience

• Marketing communication mix

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Integrated marketing communication

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Advertising • Any paid form of non-personal presentation and

promotion of ideas or products by an identified sponsor

• Objectives– Inform– Persuade– Remind– Reinforce

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Advertising

Strengths

Informs, persuades, reminds,

reinforces

Builds brand equity

Can reach large audiences

Weaknesses

Expensive

Cluttered

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Sales promotion

Increases value

Decreases price

Increases value

Decreases price

OR OR AND

Changes the price-value relationship of a product

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Sales promotion tools

Consumer sales

promotionPrice

discounts

Coupons

Sampling

Rebates Contests

Sweepstakes

Loyalty points

Point-of-purchase

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Sales promotion tools

Trade sales

promotionAllowances

Sales contests

Price deals Trade shows

Training programmes

Cooperative advertising

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Sales promotionStrengths

Immediate results

Direct impact on sales

Measurable

Clears extra inventory

Fights competitive promotions

Gets trade support

Less expensive than advertising

Weaknesses

Short-term results

Makes consumers deal prone

May erode brand equity & loyalty

Cluttered

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Direct marketing

• One-to-one approach that uses advertising media to produce an inquiry, a transaction and some other immediate response

• No intermediary between manufacturer & customer

• Requires a database

Direct mail

Direct response TV/radio

Mail-order catalogues

Internet

Telemarketing…

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Direct marketing

Strengths

Highly targeted

Measurable

Personalization & customization possible

Two-way communication

Relationship building

Weaknesses

Expensive

Not suitable for large audiences

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Publicity

• Non-personal communication by third-party sources regarding an organization’s products

Tools • Press releases• Press conferences• Special events• Opinion polls• Interviews• Contests • Weblog writeups…

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Public relations

• Positively influencing public opinion to build goodwill, and earn appreciation and acceptance

• May result in publicity

Tools• Publicity tools• Community affairs• Events and

conventions• Corporate

advertising• Lobbying…

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Publicity/PR

Strengths

Builds goodwill

Low cost

Reaches many audiences

Weaknesses

Little control

Hidden costs

Difficult to measure

No direct impact on sales