Integrated Marketing Communication Planning

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Presentation transcript:

Integrated Marketing Communication Planning LECTURE-16 Integrated Marketing Communication Planning

Chapter Questions How does IMC planning work? What are the 6 steps in the process? Why is internal marketing important?

IMC is like an orchestra Chapter Perspective IMC is like an orchestra Musical score guides all the members of the orchestra to play together IMC plan guides all the members of an organization to work together

Opening Case: GMC Envoy + +

Opening Case: GMC Envoy Challenge: Answer: Results: Create an appealing identity for new vehicle IMC program featuring: Direct mail campaign with unique “2 brothers” theme with no GMC branding Sweepstakes with free 2 year lease Follow-up letters from local dealers 10.5 percent response rate 4,162 Envoy sales attributed to campaign 40 marriage proposals for the fictitious “2 brothers”

IMC Planning Starts at Zero Zero-based planning A process that determines objectives and strategies based on current brand and marketplace conditions

Tales From the Real World In the real world, many organizations pay lip service to “zero-based” planning or ignore it completely. Why? It’s human nature. It is simply much easier and less time consuming to find last year’s plan, dust it off, make a few minor changes, and present it as a new plan. There’s only one problem: last year’s SWOTs may no longer apply. As a result, the new plan may be addressing old issues—and wasting marketing dollars.

Reasons for IMC Planning Provides a Rational Process Provides a Rational Process Informs Everyone of Expectations Informs Everyone of Expectations IMC Planning Reasons Ensures That the Program Is Integrated Ensures That the Program Is Integrated Helps Identify Budget Creates a Benchmark for Measuring Results Helps Identify Budget

Typical Results: An Annual Campaign A set of MC messages with a common theme that runs for a specified period of time to achieve certain MC objectives.

Where it Fits in the Organization Business Plan: Focused on the profits and brand equity Corporate Level Department Plan: Marketing operations/ production, human resources Department Level MC Level IMC plan: Advertising, publicity, sales promotion, events and sponsorships, direct response

What Are the 6 Steps in the Process? Step 1: Identify Target Audiences Step 1: Identify Target Audiences Step 2: Analyze SWOTs Step 2: Analyze SWOTs Step 3: Determine MC Objectives Step 3: Determine MC Objectives Step 4: Develop Strategies and Tactics Step 4: Develop Strategies and Tactics Step 5: Set the Budget Step 5: Set the Budget Step 6: Evaluate Effectiveness

What types of products target you, as a college student? Think About It What types of products target you, as a college student?

Insight: The 4 Cs Some marketers think of the 4Cs in addition to the 4Ps: 1) Consumers: Ask consumers how your brand compares to competitors 2) Cost: Ask consumers how they perceive the cost of your brand vs. competitors 3) Convenience: Ask consumers how convenient it is to locate and buy your brand vs. competitors 4) Communication: Ask consumers if they are getting what they need to make the best buying decision

IMC In Action: Snapple

IMC In Action: Snapple Challenge: Answer: Results: Rebuild Snapple’s brand appeal An IMC campaign featuring: Advertising using a wacky campaign about maturing fruit aimed at young people A virtual community called “Snappleton” Too early to tell

Why is Internal Marketing Important? A critical responsibility of marketing Interpreting the needs of the customer and the marketplace and bringing that information to all departments

Why is Internal Marketing Important? Informing Employees Example: company intranet for employees Empowering Employees Example: authorizing employees to make decisions on their own to help customers Listening to Employees Example: encouraging everyone to suggest better ways of dealing with customers

IMC In Action: HP SoftBench

IMC In Action: HP SoftBench Challenge: Answer: Results: Create an appealing brand identity An IMC program featuring: The “We Understand” theme executed in: Print advertising 3 direct-mail pieces Trade-show handout Integrated into website Successful introduction of SoftBench

Final Note: In order to create a true customer focus throughout the company, everyone must play from the same score: an integration-driven marketing communication plan

Bibliography Marketing Management – A South Asian Perspective by Philip Kotler, Kevin Lane Keller, Abraham Koshy & Mithileshwar Jha, 13th Edition, Published by Pearson Education, Inc. Strategic Marketing Management – Meeting The Global Marketing Challenges by Carol H. Anderson & Julian W. Vincze Published by Houghton Mifflin Company. Principles of Advertising & IMC by Tom Duncan 2nd Edition, Published by McGraw-Hill Irwin. Principles of Marketing by Philip Kotler & Gary Armstrong Thirteenth Edition, Published by Prentice Hall

"You have to believe in yourself when no one else does. The End: "You have to believe in yourself when no one else does. That's what makes you a winner." Venus Williams