Integrated Marketing Communication What does one understand my the term Integrated Marketing Communication? IMC is a way of looking at the whole marketing Process From the viewpoint of the receiver
Define Integrated Marketing Communication
The message & approaches of general advertising, direct response, sales promotion, public relations, & personal selling efforts are combined to provide clarity, consistency & maximum communications impact. It calls for a big picture approach, such as planning marketing & promotion programs & coordinating the various communication functions. It requires firm to develop a total marketing communications strategy that recognizes what the sum total of a firm’s marketing activities, not just advertising communicate to its customers. Consumer’s perceptions of a firm &/or brands are a synthesis of the messages they receive from various sources. These also include media advertisement, price, direct marketing, efforts, publicity & sales promotions, as well as interactions with sales people & other customer contact employees In the global economy with international markets & instantaneous communications, no aspect of marketing can be studied in a vacuum or in isolation if one expects to be accurate and relevant.
Objectives of Integrated Marketing Communication (IMC)
Relevance of market within the context of advertising Relevance of promotion mix Exposure to IMC is step forward in understanding advertising Branding – dominant role in today’s advertising
Three Aspects
How Does Communication Work ?
Steps In Developing IMC
Responsibility Of Planning IMC
Marketing Communication Mix- 5 Models
Advertising Sales Promotion Public Relation Personal Selling Direct Marketing
Advertising •Print & broadcast Ads •Packaging-outer •Packaging-inserts •Motion Pictures •Brochure &Booklets •Posters & Leaflets •Directories •Bill Boards •Display Signs •POP •Audio Visual •Symbols & Logos
Sales Promotion •Contests ,Games ,lotteries •Premiums & gifts •Samples •Fairs & Trade Shows •Exhibitions •Demonstrations •Coupons •Rebates •Low Interest Financing •Trade in Allowances •Tie-ins
Public Relations •Press kits
•Community Relations
•Speeches
•Lobbying •Seminars •Annual Reports
•Identity Media
•Donations
•Company Magazine
•Sponsorships •Publications
•Events
Personal Selling Sales Presentation Sales meetings Incentive Programmes Samples Fairs & Trade Shows
Direct Marketing
Catalogs
TV Shopping
Mailings
Fax Mail
Telemarketing
E-mail
Electronic Shopping
Voice Mail
Communication Process
How Can we reach
our
Customers ? How Can Our Customers Reach us?
Communication Process
SENDER
Encoding
Message
Decoding
Media
NOISE
Feedback
Response
RECEIVER
Message Not Reaching Target Audience
Selective Attention
Selective Distortion
Selective Retention
Developing Effective Communication Identify Target Audience Developing Objectives Design Message Select Channels Establish Budget Decide On Media Mix Measure Results Manage IMC
dentify Target Audience Potential Buyers
Current Users
Deciders or Influencers
Individuals
Groups
Identify Target Audience Image Analysis 1 familiarity Scale Never
Heard Of
Know a
Heard Of
Only
Little Bit
Know a fair Know Very Amount
well
Somewhat
Very
2 Favorability Scale Very
Somewhat
Favorable
Unfavorable
Indifferent
favorable
Favorable
Determining Communication Objectives
Models Stages
AIDA Model
Cognitive Stage
Innovation Hierarchy of Effect Model
Adoption Model Awareness
Affective Stage
Liking
Desire
Preference Conviction
Interest
Attitude
Evaluation
Intention
Trial
Behavior Stage
Reception
Cognitive Respon
Knowledge Interest
Model Exposure
Awareness Attention
Communicatio n
Action
Purchase
Behavior Adoption
Design The Message
Message Content Rational Appeal Emotional Appeal Moral Appeal
Message Structure
Message Format
Message Source
Selecting Communication Channels
Personal Communication Channels *Advocate, Experts & Social Channel Non Personal Communication Channels *Media, Atmosphere, Events, Cliques
Marketing Communication Budget 4 Methods
Affordable Method
Percentage Of Sales Method
Competitive Parity Method
Objective & Task Method
Marketing Communication Budget Objective & Task Method Establish Market share Goal
Percentage which can be reached by advertising
Percentage of aware Prospects to be Persuaded by advertisement
Trial Rate
Gross Rating Points
Determine advertisement Budget
eciding The Marketing Communication Mix PROMOTION TOOLS •Advertising •Sales Promotion •PR & Publicity •Personal Selling •Direct Marketing