Integrated Marketing Communications: An Overview

45
1 Integrated Marketing Communications : An Overview

description

Integrated Marketing Communications: An Overview. Our Objectives Today. Get to know each other Course expectations Your expectations My expectations What is integrated marketing communications?. My Expectations. That you come to class prepared That you participate, question and discuss - PowerPoint PPT Presentation

Transcript of Integrated Marketing Communications: An Overview

Page 1: Integrated Marketing Communications: An Overview

1

Integrated Marketing Communications: An Overview

Page 2: Integrated Marketing Communications: An Overview

2

Our Objectives Today

Get to know each otherCourse expectationsYour expectationsMy expectationsWhat is integrated marketing

communications?

Page 3: Integrated Marketing Communications: An Overview

3

My Expectations

That you come to class preparedThat you participate, question and

discussThat you deliver things professionally

and on timeThat you have some fun

Page 4: Integrated Marketing Communications: An Overview

4

What you can expect from me

Be here and preparedAvailable as a resource - quick response Fair evaluationOpen to your ideasCommitted to your successHave fun!

Page 5: Integrated Marketing Communications: An Overview

5

How to reach me

Marianne Marando

Room C2027

Email:[email protected]

Voicemail : 416-491-5050 ext. 6022

Page 6: Integrated Marketing Communications: An Overview

6

The most important source of information …

https://www.my.senecacollege.ca

Check before every class –

•Class cancellations and changes

•Class notes

•Assignments

•Due dates

Page 7: Integrated Marketing Communications: An Overview

7

The Text

Page 8: Integrated Marketing Communications: An Overview

8

Course Expectations - Outline

Tests (2) 30%

Workshops (best 4 of 6) 20%

IMC Plan (2 reports) 30%

IMC Plan presentation 10%

Hot Topic Presentation 10%

Check Blackboard often for updates

Page 9: Integrated Marketing Communications: An Overview

9

Hot Topic Presentation

Details and schedule

Page 10: Integrated Marketing Communications: An Overview

10

Integrated Marketing Communications

“The coordination of all forms of marketing communications into a unified program that maximizes the impact on consumers and other customers.”

Page 11: Integrated Marketing Communications: An Overview

11

IMC Mix

TargetMarketTargetMarket

AdvertisingAdvertising

PublicRelations

PublicRelations

SalesPromotion

SalesPromotion

Personal SellingPersonal Selling

Events andSponsorship

Events andSponsorship

DirectResponse

DirectResponse

OnlineInteractive

OnlineInteractive

Page 12: Integrated Marketing Communications: An Overview

12

Why Integration?

1. Organizations are looking for a “total solutions” communications approach to solving business problems.

2. There is a demand for comprehensive, seamless campaigns.

Page 13: Integrated Marketing Communications: An Overview

13

Advertising

“A persuasive form of marketing communication that stimulates a positive response from a target market.”

1. Product Advertising – communicates benefits and builds brand image.

2. Promotional Advertising – communicates specific offers to encourage immediate response.

Page 14: Integrated Marketing Communications: An Overview

14

Page 15: Integrated Marketing Communications: An Overview

15

Great Advertising Can Strike a Responsive Chord in Consumers

• Wendy’s Video

Page 16: Integrated Marketing Communications: An Overview

16

Direct-Response Communications

“Delivering a message to a target audience of one. The messages goes directly from the organization to the customer.”

1. Direct Mail

2. Direct-Response Television

3. Direct-Response Print

Image concerns aside, blue chip companies use this form of communication frequently.

Page 17: Integrated Marketing Communications: An Overview

17

Bose Uses Direct Response Advertising

Page 18: Integrated Marketing Communications: An Overview

18

Interactive Communications

“Communications by the Internet, CD-ROM and other interactive sources.”

Database marketing techniques and a desire to implement customer relationship management programs are fueling growth in interactive communications.

Page 19: Integrated Marketing Communications: An Overview

19

American Airlines Encourages Customers to Do It All Online

Page 20: Integrated Marketing Communications: An Overview

20

Sales Promotion

“Activities (incentives) that stimulate an immediate reaction from consumers and distributors.”

1. Consumer Promotion for “pull”

2. Trade Promotion for “push”

Page 21: Integrated Marketing Communications: An Overview

21

Page 22: Integrated Marketing Communications: An Overview

22

Personal Selling

“The delivery of a personalized message between a seller and a buyer.”

Personal selling is the human component of integrated marketing communications.

Sellers work with distributors to get a product into distribution; they make the product available to final users.

Page 23: Integrated Marketing Communications: An Overview

23

Public Relations

“Communications that are designed to gain public understanding and acceptance.”

1. Messages are placed at no cost.

2. Messages can promote a brand or company.

3. Messages often deal with crisis situations.

Page 24: Integrated Marketing Communications: An Overview

24

DuPont Uses Public Relations to Enhance Its Corporate Image

Page 25: Integrated Marketing Communications: An Overview

25

Event Marketing and Sponsorships

“Planning and marketing an event by a company or brand or supporting an event financially in return for advertising privileges.”

Page 26: Integrated Marketing Communications: An Overview

26

Trends Conducive to IMC

1. Customer Relationship Management (CRM)

2. Database Management Techniques

3. Communications Technologies Are Changing

4. Demand for Efficiency and Accountability

Page 27: Integrated Marketing Communications: An Overview

27

For next class

Read Chapter 1 of textRead article – “Gatorade’s Secret

Weapon” and be prepared to discuss the following question for next class:How has Gatorade demonstrated IMC?

Give specific examples.Sign up for Hot Topic date

Page 28: Integrated Marketing Communications: An Overview

28

Consumer Behaviour

“The behaviour of individuals in obtaining and using goods and services, including the decision-making processes that precede and determine the purchase.”

Organizations invest a considerable sum in marketing research to learn about consumer behaviour.

Page 29: Integrated Marketing Communications: An Overview

29

Needs and Motivation Theory

NeedNeed

MotiveMotive

Absence of something useful

Condition prompting action to satisfy a need

Page 30: Integrated Marketing Communications: An Overview

30

Ads Help Consumers Recognize Needs

Page 31: Integrated Marketing Communications: An Overview

31

The Hierarchy of Needs

Self-ActualizationSelf-Actualization

EsteemEsteem

SocialSocial

SafetySafety

Physiological Physiological

Page 32: Integrated Marketing Communications: An Overview

32

Page 33: Integrated Marketing Communications: An Overview

33

Page 34: Integrated Marketing Communications: An Overview

34

Personality

Personality refers to a person’s distinguishing psychological characteristics that lead to fairly consistent responses.

RealSelfRealSelf

Self-Image

Self-Image

Looking-Glass SelfLooking-Glass Self

IdealSelfIdealSelf

Many communications plans revolve around the looking-glass self and the ideal self.

Page 35: Integrated Marketing Communications: An Overview

35

Page 36: Integrated Marketing Communications: An Overview

36

Attitudes

AttitudeAttitudeOne’s feelings about an idea or object.

1. Attitudes are influenced by friends, family, trendsetters, opinion leaders, and advertising.

2. Gaining acceptance is easier if the product fits the attitudes held by the target.

Page 37: Integrated Marketing Communications: An Overview

37

Perception

Individuals receive and interpret messages differently.

Selective ExposureSelective Exposure

Selective PerceptionSelective Perception

Selective RetentionSelective Retention

We notice things of interest.

Tuning out information that conflicts with attitudes.

We remember what we want to.

Page 38: Integrated Marketing Communications: An Overview

38

Reference Group Influence

ReferenceGroup

ReferenceGroup

A group of people with a common interest.

The desire to “fit in” affects behaviour and buying decisions.

Page 39: Integrated Marketing Communications: An Overview

39

Family Influences

Each family member has some influence on the behaviour of other family members.

Changing roles and responsibilities of family members has necessitated “double targeting” by marketing organizations.

Page 40: Integrated Marketing Communications: An Overview

40

Market Segmentation

DEMOGRAPHICAge, income, education, household formation

Page 41: Integrated Marketing Communications: An Overview

41

Market Segmentation

DEMOGRAPHICAge, income, education, household formation

PSYCHOGRAPHIC

Page 42: Integrated Marketing Communications: An Overview

42

Page 43: Integrated Marketing Communications: An Overview

43

Page 44: Integrated Marketing Communications: An Overview

44

Market Segmentation

DEMOGRAPHICAge, income, education, household formation

PSYCHOGRAPHIC

GEOGRAPHIC

Page 45: Integrated Marketing Communications: An Overview

45

Market Segmentation, Targeting, and Positioning

Develop profiles ofresulting segments

MarketSegmentation

Develop measures ofsegment attractiveness

Select thetarget segment(s)

Develop positioningfor each segment

Develop marketing mixfor each segment

Identify bases forsegmenting market

Markettargeting

Marketpositioning