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Integrated Marketing Communications

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Title: Integrated Marketing Communications


1
Integrated Marketing Communications
  • MKT 846
  • Professor West

2
What is IMC?
  • According to Ogilvy Mather
  • IMC is orchestration

3
Orchestral Analogy
  • An orchestra consists of many instruments, each
    of which produces a different sound
  • Whereas, marketing communication involves
    multiple media with differing characteristics.

4
Orchestral Analogy
  • If the sounds are not coordinated, the orchestra
    produces noise rather than music
  • Similarly, an ill-conceived communications plan
    can send inconsistent messages, detracting from
    the brand.

5
Orchestral Analogy
  • An orchestra performs according to a musical
    score and under the direction of a conductor
  • An IMC plan should detail which marketing
    communications functions and what media will be
    used a which times and to what extent.
  • The plan must be clearly communicated internally
    and overseen to make sure that everyone
    understands their role

6
What is the Purpose of IMC?
  • According to Duncan
  • The primary responsibility of IMC is to help the
    organization to
  • Acquire, Retain, and Grow Customers!

7
Focus on Brand Building
  • Strong brands add value
  • From the firms perspective
  • Brand equity can be leveraged through extensions,
    collaborations, licensing
  • From the customers perspective
  • Brands provide assurance, simplify our lives,
    reflect our personality
  • Brands transform products goods as well as
    services into something larger than the product
    itself.

8
Transactions to Relationships
  • The marketplace has changed
  • Increased Competition
  • Distrustful Customers
  • New technologies
  • Recognition that its more profitable to retain
    than acquire customers
  • Managing customer relationships drive brand value
  • Communication is the foundation of all
    relationships, including brand relationships

9
IMC Helps Build Profitable Customer Relationships
  • Focuses on relationships instead of transactions
  • Establishes more personal, two-way communication
    with customers
  • Determines the best mix of marketing
    communication functions and media for a brand
  • Helps ensure that a brand has one voice, one look
  • Takes advantage of new media and new
    communication and information technologies
  • Builds trust in a brand by creating an open,
    customer-focused culture

10
Building Relationships WithBoots The Chemists
11
Case Study Boots The Chemists
  • Largest pharmacy chain in Britain
  • J. Walter Thompson launched a strategic
    relationship building IMC campaign
  • Elements of the campaign
  • Consumer perceptions man in the white coat
  • Trusted authority
  • New positioning look good and feel good
  • Understanding, stimulating, personalized,
    fulfilling, enjoyable
  • Campaign Objectives
  • Increase profitability by increasing frequency of
    visits and amount spent per visit
  • Enroll 8 million cardholders in 12 months
  • Achieve an incremental sales increase of 3.2
    percent

12
Case Study Boots The Chemists
  • Elements of the campaign (cont.)
  • Target Audience
  • 83 of customers are women
  • Focus on young women who could be motivated to
    treat themselves rather than deal-seekers
  • Creative Strategy
  • Boots Rescue
  • Resolution

13
Case Study Boots The Chemists
  • Elements of the campaign (cont.)
  • Message Delivery
  • In-store material staff training followed by
    television
  • Evaluation
  • Launch produced a database of 8 million BTC
    customers
  • More than 3 percent sales increase in year 1, 8
    percent in year 2
  • Cardholders average purchase was 8 percent high
    than non-cardholders

14
Relationship Intensity
  • Stages of Relationships
  • Awareness brand is included in customers evoked
    set
  • Identity customers display the brand, indicating
    an emotional attachment to it
  • Connected customers communicate with the company
    in-between purchases
  • Community customers communicate with each other
  • Advocacy customers communicate with prospects,
    make referrals

15
Four Basic Components
  • A sound IMC plan will be based on research and
    careful consideration of the situation and
    environment in which the effort will take place.
  • The plan will include four basic components
  • Objectives What you want accomplished
  • Strategies Ideas for accomplishing objectives
  • Tactics Actions for executing the strategy
  • Evaluation Measures for evaluating success

16
Marketing Plan
  • Situation Strategy
    Marketing Target
  • Analysis Development
    Mix Market

Promotion to final buyer
Company Competitors Collaborators
Consumers Environment
Product Decisions Pricing Decisions Channel D
ecisions Promotional Decisions
  • Customer
  • Consumer
  • Business

Promotion to trade
Reseller
Purchase
17
Marketing Plan
  • Situation Strategy
    Marketing Target
  • Analysis Development
    Mix Market

Promotion to final buyer
Company Competitors Collaborators
Consumers Environment
Product Decisions Pricing Decisions Channel D
ecisions Promotional Decisions
  • Customer
  • Consumer
  • Business
  • Advertising
  • Direct Marketing
  • Interactive Marketing
  • Sales Promotion
  • Publicity and PR
  • Personal Selling
  • Internal Communication

Promotion to trade
Reseller
Purchase
18
Course Overview
  • Syllabus highlights
  • Materials
  • Duncan, IMC Using Advertising Promotions to
    Build Brands
  • Purvis, Which Ad Pulled Best, 9th edition
  • Objectives
  • To experience IMC planning by working together
    to develop a communications plan
  • To sharpen your skills at evaluating existing
    marketing communication material

19
Course Overview
  • Syllabus highlights
  • Requirements
  • Your performance will be assessed through a
    combination measuring including
  • Daily participation 10
  • Final (in-class) 30
  • Four Mini-Projects 20
  • Final Presentation Paper 40

20
Course Overview
  • Webpage (http//fisher.osu.edu/west_284/mkt846w04
    )
  • Syllabus
  • Schedule (daily slides)
  • Project Information
  • Resources

21
Project Details
  • Teams will develop a marketing communications
    plan for a product or service of their choosing
  • Criteria for selecting a product/service
  • The brand could improve its market position by
    changing its communications strategy.
  • The brand is suited to TV advertising
  • Access to members of the target market for
    research purposes
  • Use of mini-projects to foster a systematic
    approach and provide feedback
  • Step 1 Situation Analysis
  • Step 2 Target selection, positioning,
    communication objectives, creative development

22
Project Details
  • Use of mini-projects to foster a systematic
    approach and provide feedback
  • Step 3 Sales Trade Promotions
  • Step 4 Direct Marketing
  • Additional Elements
  • Budget, Evaluating Success
  • Various team members should adopt differing
    perspectives to be sure that all stakeholders are
    considered

23
Team Selection
  • Each class member selects one teammate
  • However, you may not end up on the same team
  • Write your name and your intended teammates name
    on the form provided
  • You and your teammate should only submit one page
  • Ten pairs of names will be drawn to form four
    person teams
  • The remaining names
  • Will be separated and drawn one at a time
  • If your name is picked you will have the
    opportunity to join any team with only four
    members

24
Next Time
  • Catch up on reading
  • Duncan Chapters 1 - 4
  • Set up weekly meeting time with your team and
    get cracking on picking your product or service
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