Designing and Managing Integrated Marketing Communications Marketing Management, 13 th ed 17.

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Presentation transcript:

Designing and Managing Integrated Marketing Communications Marketing Management, 13 th ed 17

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-2 What are Marketing Communications? Marketing communications are the means by which firms attempt to inform, persuade, and remind consumers, directly or indirectly, about the products and brands they sell.

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-3 Marketing Communications Mix Advertising Sales promotion Events and experiences Public relations and publicity Direct marketing Interactive marketing Word-of-mouth marketing Personal selling

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-4 Figure 17.1 IMC Builds Brands

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-5 Table 17.1 Communication Platforms Advertising Print and broadcast ads Packaging inserts Motion pictures Brochures and booklets Posters Billboards POP displays Logos Videotapes Sales Promotion Contests, games, sweepstakes Premiums Sampling Trade shows, exhibits Coupons Rebates Entertainment Continuity programs

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-6 Table 17.1 Communication Platforms Events/ Experiences Sports Entertainment Festivals Arts Causes Factory tours Company museums Street activities Public Relations Press kits Speeches Seminars Annual reports Charitable donations Publications Community relations Lobbying Identity media Company magazine

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-7 Table 17.1 Communication Platforms Personal Selling Sales presentations Sales meetings Incentive programs Samples Fairs and trade shows Direct Marketing Catalogs Mailings Telemarketing Electronic shopping TV shopping Fax mail Voice mail Blogs Websites

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-8 Word-of-Mouth Marketing Person-to-person Chat rooms Blogs

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 17-9 Figure17.2 Elements in the Communications Process

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall The Communications Process Selective attention Selective distortion Selective retention

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Figure 17.3 Response Hierarchy Models

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Figure 17.4 Steps in Developing Effective Communications Identify target audience Determine objectives Design communications Select channels Establish budget Decide on media mix Measure results/ manage IMC

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Designing the Communications Message strategy Creative strategy Message source Global adaptation

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Creative Strategy Informational and transformational appeals Positive and negative appeals Fear Guilt Shame Humor Love Pride Joy

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Message Source Celebrity Characteristics Expertise Trustworthiness Likeability

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Issues Facing Global Adaptations Is the product restricted in some countries? Are there restrictions on advertising the product to a specific target market? Can comparative ads be used? Can the same advertising be used in all country markets?

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Establish the Budget Affordable Percentage-of-Sales Competitive Parity Objective-and-Task

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Objective-and-Task Method Establish the market share goal Determine the percentage that should be reached Determine the percentage of aware prospects that should be persuaded to try the brand Determine the number of advertising impressions per 1% trial rate Determine the number of gross rating points that would have to be purchased Determine the necessary advertising budget on the basis of the average cost of buying a GRP

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Characteristics of The Marketing Communications Mix Advertising Pervasiveness Amplified expressiveness Impersonality Sales Promotion Communication Incentive Invitation

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Characteristics of the Marketing Communications Mix Public Relations and Publicity High credibility Ability to catch buyers off guard Dramatization Events and Experiences Relevant Involving Implicit

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Characteristics of the Marketing Communications Mix Direct Marketing Customized Up-to-date Interactive Personal Selling Personal interaction Cultivation Response Word-of-Mouth Marketing Credible Personal Timely