Integrated Marketing Communications l Definition: The practice of unifying all marketing...
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Transcript of Integrated Marketing Communications l Definition: The practice of unifying all marketing...
Integrated Marketing Communications
Definition: The practice of unifying all marketing communication tools to send target audiences a consistent, persuasive message.• But also concerned with all types of
stakeholders• Concerned with planned and
unplanned messages
Elements to Integrate
• Corporate Identity• Branding• Advertising• Public Relations • Sponsorships• Sales Promotion• Personal Selling• Direct and Internet Marketing
Drivers of IMC
Technology Media Fragmentation Product homogeneity Consumer distrust and skepticism Demand for bottom-line accountability New sources of revenue sought by
agencies
Example: Red Bull
Discovered in early 80s by Austrian businessman in Thailand
Introduced in 1987 in Austria • Relied heavily on WOM and “seeding” at clubs, bars,
stores frequented by trend-setters desiring their Red Bull “Wings”
• Used celebrities and sports sponsorships, especially extreme ones
• Limited availability of the product• Gradual increase in distribution• Publicized studies on effectiveness • Media advertising last to kick in (just 19% of budget)
By 2001, 70% share of world energy drink market and 8th largest soft drink in U.S.
• (see: http://www.redbull.com)
Example: US Postal Service
Not a lot of evidence of integration Cycling Team abandoned for many
reasons • (see: http://slate.msn.com/?id=2067897)
Other advertising not tied in• (see:
http://www.campbell-ewald.com/flash/index.html)