Integrated Marketing Communications Chapter 12 with Duane Weaver

Integrated Marketing Communications Chapter 12 with Duane Weaver

OUTLINE IMC Defined Elements of Marketing Communications Need for IMC Promotion Mix Strategies Advertising Sales Promotion Personal Selling DRM (Direct Respone Marketing) PR (Public Relations)

IMC Defined Integrated Marketing Communications (IMC): “is the coordination and integration of all marketing communications tools, avenues, and sources within a company into a seamless program that maximizes the impact on consumer and other end users at a minimal cost.” Clow and Baack, 2004, p.8

Elements of Marketing Communications Advertising Sales Promotion Personal Selling DRM (Direct Response Marketing) PR (Public Relations) We will cover these in more detail

Need for IMC Market fragmentation has resulted in media fragmentation Alternative media channels abound (e.g. mags, cd catalogues, internet sites, kiosks ) All messages seen as one single message to consumer NOTE: IMC builds a strong brand identity in the marketplace by tying together and reinforcing all your images and messages. (Armstrong et. al., 2007, p.470)

Promotion Mix Strategies PUSH vs. PULL PUSH Producer marketing activities to Retailers and Wholesalers who resell to Consumers Personal selling, trade promotion by producer and personal selling, advertising and sales promotion by wholesaler/retailer PULL Producer marketing activities directed at consumer to create demand from retailers and wholesalers that then creates demand from producer. Consumer advertising, sales promotion

Advertising Mass media advertising reaches large numbers geographically dispersed at low cost per exposure with ability to repeat message with frequency PROCESS: 1. Set objectives 2. Develop strategy Message strategy Message execution Slice of life, lifestyle, fantasy, mood, musical, symbolic, technical expertise, scientific, testimonial (see page 478479) 3. Select media (reach, frequency, impact) 4. Evaluate advertising

Sales Promotion Short term incentives designed by marketers for the purpose of encouraging the purchase of a product. Consumer promo tools: Samples, coupons, rebates, price packs, premiums, ad specialties, loyalty programs, point-of-purchase displays/demos, and contests/sweepstakes Business promo tools: conventions/trade shows and sales contests

Personal Selling Involves two way personal communications (compared to other IMC tools that are one-way impersonal) Organization: Territorial, Product, Customer types, Outside vs. inside sales, and team selling Process: Prospect, pre-approach, approach, present, handle objections, close, follow-up Relationship Marketing: Process of creating, maintaining, and enhancing strong, value-laden relationships with customers and other stakeholders.

DRM (Direct Respone Marketing) Mass media marketing in a one-toone manner. Requires Database Forms: Telemarketing Direct Mail Catalogue Marketing Direct Response TV (order now)

PR (Public Relations) Purpose is not to communicate to the market about products but rather to communicate to the company’s publics about the company itself. Functions: Press relations Product Publicity Public Affairs Lobbying Investor Relations Development (financial or volunteer support) Crisis management

Thank You.