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Chapter 15: Integrated Marketing Communication Strategy

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Presentation on theme: "Chapter 15: Integrated Marketing Communication Strategy"— Presentation transcript:

1 Chapter 15: Integrated Marketing Communication Strategy
Fall 2006

2 Topics to Be Covered Communications Model Promotion Mix
Promotion Objectives Promotion Budgeting Setting the Promotion Mix

3 Communications Model Source Encoding Message & Media Noise Decoding
Receiver Noise

4 Promotion Mix Advertising Personal Selling Sales Promotion
Public Relations Direct Marketing

5 Advertising Any paid form on non-personal presentation and promotion of ideas, goods, or services by an identified sponsor

6 Personal Selling Personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships.

7 Sales Promotion Short-term incentives to encourage the purchase or sale of a product or service.

8 Public Relations Building good relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events.

9 Direct Marketing Direct connections with carefully targeted individual consumers to both obtain and immediate response and cultivate lasting customer relationships.

10 Promotion Objectives: Buyer Readiness
Awareness Knowledge Liking Preference Conviction Purchase

11 Promotion Budgeting Affordable Percent of Sales Competitive-Parity
Objective-Task

12 Setting the promotion mix
Advertising: legitimize, reach and frequency Personal Selling: feedback, relationship, and close sale Sales Promotion: long-term brand preference? Public Relations: credibility Direct Marketing: nonpublic, immediate, customized, and/or interactive


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