IMC Tools and Their Link To Advertising Strategy.

Slides:



Advertisements
Similar presentations
4.04 Unit 4 Exam Questions Mia.
Advertisements

IMC Communication Tools
Setting the Promotional Budget
Integrated Marketing Communications
Promotional Concepts and Strategies
Definition The Marketing Communications Mix
Promotion and Promotional Mix
MARKETING COMMUNICATION Marketing 360 Brian Gillespie.
18 Managing Mass Communications
Marketing Chapter 8.
Promotion.  Promotion is used to let the consumer know about the product, to persuade the customer to buy the product, or to remind the customer about.
Principles of Marketing
An Introduction to Integrated Marketing Communications
Integrated Marketing Communications Promotional Strategies at a Glance Chapter 14.
17 Designing and Integrating Marketing Communications 1.
Promotions and Public Relations. Business to business marketing B-toB marketing and advertising refers to any activities where a producer/manufacturer.
McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 17 Advertising and Public Relations.
AN INTRODUCTION TO INTEGRATED MARKETING COMMUNICATION REPORTED BY: VICTORIA JESUSA CABALLERO PUP GRADUATE SCHOOL MASTERS IN BUSINESS ADMINISTRATION HUMAN.
Chapter Fourteen Communicating Customer Value: Integrated Marketing Communications Strategy.
An Introduction to Integrated Marketing Communications (IMC)
IMC Communication Tools
Edition Vitale and Giglierano Chapter 13 Communicating with the Market Prepared by John T. Drea, Western Illinois University.
PROMOTIONAL CONCEPTS AND STRATEGIES Ch. 17 Promotion and Promotional Mix.
Marketing: An Introduction Integrated Marketing Communications: Advertising, Sales Promotion, and Public Relations Chapter Thirteen Lecture Slides –Express.
Evolution of IMC, Advertising Industry and Its Main Players Lecture 1.
Chapter Fourteen Communicating Customer Value: Integrated Marketing Communications Strategy Copyright ©2014 by Pearson Education, Inc. All rights reserved.
An Introduction to Integrated Marketing Communications
PROMOTION AND PROMOTIONAL MIX Review for Advanced Marketing.
Marketing Communications. Marketing Communication Process by which information about an organization and its offerings is disseminated to selected markets.
Managing the IMC Process Deciding on the Marketing Communication Mix Developing Effective Marketing Communication Role of Marketing Communication Integrated.
14 -1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall i t ’s good and good for you Chapter Fourteen Communicating Customer Value:
Promotion & The Promotional Mix.  Promotion is persuasive communication.  Informs people of products & services.  Enhances public image and reputation.
PromotionPromotion Promotion in Sports Marketing the Game.
A New Era for Public Relations “Integrated Brand Promotions”
Personal Selling. Personal communication of information to persuade somebody to buy something. Personal communication of information to persuade somebody.
Chapter 18 Promotion: Integrated Marketing Communications.
Chapter 14 - slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fourteen Communicating Customer Value: Integrated Marketing.
Principles of Marketing
Chapter 9 Integrated Marketing Communications. COPYRIGHT © 2002 by Thomson Learning, Inc. All Rights Reserved Integrated Marketing Communications... A.
Marketing Mix- Promotion 5/27/15. Promotion Communications - inform, persuade, and remind Tools : Advertising Personal Selling (Sales) Public Relations.
Managing Mass Communications. What is Sales Promotion? Sales promotion consists of a collection of incentive tools, mostly short term, designed to stimulate.
Pharmaceutical companies put forth great effort when identifying their customer needs and wants They then invest in R & D hoping to discover and launch.
CHAPTER 17. Promotion informpersuade remind any form of communication a business or organization uses to inform, persuade, or remind people about its.
Chapter 1 An Introduction to IMC
Chapter 14 - slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Class Ten Chapter Fourteen Communicating Customer Value: Integrated.
MKM803 – Direct Marketing.
Promotion -- Marketing Communication Chapter 15 Marketing Communication.
+ Promotions Marketing I. + What is a promotion? Decisions about advertising, personal selling, sales promotion, and public relations used to attract.
Promotional Mix Written by: Stacy Orr and Cheryl Tays GACTAE Resource Network.
Integrated Marketing Communication Strategy
* * Chapter Sixteen Using Effective Promotions Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
What’s Happening?
University of Washington EMBA Program Marketing Management “Communications Mix Intro, Promoting the Offer” (Promotions!) Instructor: Elizabeth Stearns.
GOLDEN SALES PROMOTION (CHAPTER 20) An incentive or inducement. Works well with advertising and selling. Good short term strategy. Essential for new products!
Marketing I Curriculum Guide. Promotion Standard 6.
Fashion Marketing-Promotion. Promotional Mix  Promotional Mix: four components of promotion including advertising, personal selling, public relations,
10-1 MARKETING MANAGEMENT Integrated Marketing Communications.
What is Promotion? Any form of communication a business uses to inform, persuade, or remind people about its products and improve its public image and.
An Introduction to Integrated Marketing Communications © 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin.
Brief Intro to Promotion & Promotional Mix Objectives Explain the role of promotion in business and marketing Identify the various types of promotion.
Chapter 14 - slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fourteen Communicating Customer Value: Integrated Marketing.
Course Name: Principles of Marketing Code: MRK 152 Chapter: Nine Advertising and Public Relations.
14 -1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall i t ’s good and good for you Chapter Fourteen Communicating Customer Value:
IMC Communication Tools
14 -1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall i t ’s good and good for you Chapter Fourteen Communicating Customer Value:
Promotional Concepts and Strategies
Developing and Managing the Advertising Campaign
IMC Communication Tools
Chapter 1 Introduction to Advertising
Chapter 13 & 18 Communication, Advertising, Promotion, and Sales
Presentation transcript:

IMC Tools and Their Link To Advertising Strategy

IMC Tools Review Advertising Sales Promotions Public Relations Direct Marketing Viral (Buzz) Marketing

The Brand Building Functions of Advertising - Goals To generate and sustain attention awareness, interest, recognition/recall To persuade the purchase decision To educate and/or inform the audience about the benefits of the advertised product To reinforce consumer behavior decisions

Advertising Weaknesses May be perceived as negatively intrusive It clutters the message environment Does not ensure ACTION

Sales Promotion – Goals Short term increase in sales To induce trial To provide incentives to buy more To reinforce advertising efforts To build trade support

Two Categories of Sales Promotion Trade Sales Promotion (B-to-B) Consumer Sales Promotion

Public Relations- Goals To build favorable relationships between an organization and its publics A vehicle that generates public “goodwill” on behalf of a company or brand

Marketing-oriented PR Tools Mass Media Coverage (Publicity) Event sponsorships, cause-related marketing

Publicity Tools News Releases, Press Conferences Special Events for Media…interviews, trips, etc. Sponsorships Cause-related marketing Avon & Breast Cancer Awareness American Express & Statue of Liberty Project

Direct Marketing - Goals To generate… 1. a response in the form of an order (direct order) 2. a request for more information (lead generation) 3. a visit to a store or place of business for purchase of a specific product/service (traffic generation)

5 Major Categories of Direct Marketing Direct Response Advertising Direct Mail Telemarketing Direct Selling (a.k.a. Personal Selling) Internet/Cybermarketing

Viral Marketing – Purpose – To increase word of mouth communication about a brand or product – Commercial intent – To generate referral through unpaid communication channels – blogs, street teams, grassroots efforts, etc.

Viral Marketing A.K.A. – Guerilla marketing – “Buzz” Marketing – Grassroots Marketing

Example- Faberge Organics Shampoo If you tell two friends about Faberge Organics shampoo with wheat germ oil and honey, they'll tell two friends, and so on..and so on...and so on... --Faberge

Contemporary Examples of Viral Marketing forwards User reviews/recommendations On-line reviews (You Tube, etc.) Paid bloggers