- •Chapter 3
- •Ignorance
- •Chapter 4
- •Chapter 7
- •Chapter 8
- •Product
- •Image repositioning
- •Target market
- •Intangible repositioning
- •Chapter 14
- •Chapter 15 (Mass media Communications) Advertising
- •Identify and understand ta
- •1. Marketing strategy.
- •4. Set the ad budget.
- •6. Execute campaign
- •7. Evaluate ad effectiveness (pre-testing and post-testing are included)
- •Public relations and sponsorship
- •1. Media relations
- •2. Lobbying
- •3. Corporate advertising
- •4. Sponsorship
- •Sales promotion
- •Ethical issues in adv
Same
Different
Product
Product repositioningImage repositioning
Same Different
Tangible repositioning
Target market
Intangible repositioning
Chapter 14
Integrated marketing communications approach (IMC)
- The concept by which companies coordinate their marketing communications tolls to deliver a clear, consistent, credible and competitive message about organization and its products.
- Moves emphasis of communications away from a step-by-step, linear, transactional process to an on-going relational dialogue
- Integrating all useable promotional tools and appropriate media to deliver synergistic communication campaigns.
Drivers of IMC:
- Organizational drivers
• Operational perspective
• E.g. streamlining communications activities, creating opportunities for increased profits through efficiency gains
- Target-market based drivers
• Focuses on changes which are affecting the delivery of communication messages
• E.g. cost and availability of media channels
- Communication drivers
• Focuses on potential benefits associated with the delivery of the message
• E.g. increased effectiveness of message through constant reinforcement of the core ideas
Framework for implementing integrated marketing communications:
Marketing strategy and situation analysis: internal and external competitor analysis Identify communication opportunities and set campaign objectives
Create agency selection: brief, pitch, deliverables
Promotional mix selection
Campaign development and implementation
Evaluation before, during, after campaign
Future planning
Elements of IMC:
The message:
- Information-based:
• Company provides information so that customers are able to make an informed decision about the brands they choose
- Emotional messages:
• Stimulate a response, which might connect with the target audience through a particular emotion
Communication process: simple and complex
• The source encodes a message by translating the idea to be communicates into a symbol consisting of words, pictures and numbers.
• Message is transmitted through media to reach desired target audience in desired way.
• Noise distractions during communication process may prevent transmission to some of the target audience.
• When a receiver sees/hears message it is decoded (receiver interprets the symbols transmitted by the source)
• Feedback: e.g. increased sales or marketing research
The tools
Mass marketing communications:
- Includes advertising, sales promotion, PR
- Involve primarily sending non-personal messages to wide target audiences
- Main media: broadcast, print, digital
Direct marketing communications:
- Includes personal selling, exhibitions, direct marketing
- Direct communications can be personalized, highly specific and are used to target niche audiences.
Digital promotions and social media communications:
- Includes websites, email marketing and social media
Communication mix:
- Advertising: Any paid form of non-personal communication of ideas/products in the prime media (e.g. TV, the press)
- Personal selling: Oral communication with prospective purchasers with the intention of making a sale.
- Direct marketing: Distribution of products, information and promotional benefits to target consumers through interactive communication that allows response to be measured.
- Digital promotions: Promotion of products to consumers and businesses through digital media channels.
- Sales promotion: Incentives to consumers or the trade that are designed to stimulate purchases.
- Public relations: To educate and inform an organization’s publics through media without paying for the time/space directly.
Considerations that have an impact on the choice of the promotional mix:
- Resource availability and cost of promotional tools
- Market size and concentration:
Small, concentrated market personal selling
- Customer information needs:
Complex, technical argument personal selling
- Product characteristics
- Push versus pull strategies:
Push strategy involves an attempt to sell into channel intermediaries (e.g. retailer)
Pull strategy communicates consumers directly
Media channels
- Broadcast: TV, radio
- Print: newspapers, magazines
- Digital: Websites, portals, email
- Social: online communities, blogs
- Outdoor: billboard, transport, guerrilla
- Indoor: point-of-sale, in-store posters, window and shelf displays
- Cinema
The context
Pull-positioning strategies:
Producer/Manufacturer Wholesaler Retailer Customer
Flow of communications: Producer/Manufacturer Customer
- Aim to encourage consumers and stimulate action among members of the target audience
- E.g. giving launch dates for new products
Push-positioning strategies:
Producer/Manufacturer Wholesaler Retailer
- Aim to move goods through the supply chain
- Target audiences for this type of communications initiatives are channel intermediaries
- Strategy is used between businesses
- Communication tools: personal selling and trade promotions
