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Integrated Marketing Communications Chapter 1

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Page 1: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Integrated Marketing Communications

Chapter 1

Page 2: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 3: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Toyota

Page 4: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Tesla

Page 5: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Honda

Page 6: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

High-End or Low-End

Rolex

Timex

Virgin Airlines

Southwest Airlines

Nike

Sketchers

Budweiser

Beck’s Beer

Page 7: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

1-7

1. How does communication take place?

2. What is an integrated marketing communications program?

3. Are there any new trends affecting marketing communications?

4. How does an integrated marketing communications program create value?

5. What are the components of an integrated marketing communications program?

Chapter Objectives

Page 8: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

The Facts Are…

Highly competitive global marketplace

Wide variety of media is available

Clear communications are needed

Customers are bombarded with communications

Integrated advertising and communications MUST break through the clutter to be successful

Page 9: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Communication is defined as transmitting , receiving and processing information

Plays a key role in any advertising or marketing program

The Nature of Communication

Page 10: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Communication Process

=Noise

Transmission Device

Encoding ReceiverDecodingSender

Feedback

Page 11: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 12: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Examples of Communication Noise

Chatting on the phone during a TV commercial

Driving while listening to radio

Looking at the model and ignoring magazine or brand message

Billboards ignored

Scrolling past internet ads without looking at them

Annoyed by ads appearing on a social media site

Being offended by the message on a flyer for a local business

Ignoring tweets on Twitter because they are not relevant

Page 13: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

The coordination and integration of all marketing communication tools, avenues and sources within

a company into a seamless program which maximizes the impact on consumers at a minimal

cost.

Integrated Marketing Communications

Page 14: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 15: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Integrated Marketing Campaign - Tesla

Page 16: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 17: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Price

Promotion

Place

Product

Marketing Mix: The “Four Ps”

Page 18: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Product Price Promotion Distribution

Advertising Sales Promotions Personal Selling

DatabaseMarketing

DirectResponseMarketing

SponsorshipMarketing

Digital Media

PublicRelations

AlternativeMarketing

SocialMedia

Promotional Mix

Page 19: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Promotion

PROMOTION is a form of communication

intended to persuade an audience (viewers, readers or listeners) to purchase or take some

action upon products, ideas, or services.

Page 20: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Definition

It includes name of a product or

service

how that product or service could benefit the consumer

to persuade a target market to purchase or to consume that particular brand.

Page 21: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Crocs

Page 22: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

What Is Advertising?

Types of Media

Mass

BillboardsNewspapers

& MagazinesRadio & TV

Page 23: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

AddressableMass

Billboards

Newspapers &

Magazines

Radio & TV

Direct Mail E-Mail

What Is Advertising?Types of Media

Page 24: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

InteractiveMass

Billboards

Newspapers &

Magazines

Radio & TV

Addressable

Direct Mail

E-Mail

Kiosks Web sites

What Is Advertising?

Types of Media

Page 25: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

What Is Advertising?

Types of Media

Mass Interactive

Billboards

Newspapers &

Magazines

Radio & TV

Addressable

Direct Mail

E-Mail

Kiosks

Web Sites

Facebook

Twitter

Instagram

Pintrest

Youtube

Blogs/Vlogs

Page 26: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

What Is Advertising?

Types of Media

Mass Interactive

Billboards

Newspapers &

Magazines

Radio & TV

Addressable

Direct Mail

E-Mail

Social Media

Twitter

Facebook

LinkedIn

Interactive

Kiosks

Web Sites

Nontraditional/

Alternative

Shopping

Carts

Blimps

DVDs

Floors

Outdoor

Page 28: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

INTEGRATED MARKETING COMMUNICATION PLAN – Begins with a strategic plan

The plan coordinates efforts marketing mix: Product, price, promotion and placement. The same plan details all of the promotional efforts to make sure the

total communication plan is in sync.

Page 29: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Integrated Marketing Communications

The American Marketing Association defines Integrated Marketing Communications (IMC) as

“a planning process designed to assure that all brand contacts received by a customer or prospect for a

product, service, or organization are relevant to that person and consistent over time.”

Compared to composing a musical score. In a piece of music, while every instrument has a specific task, the goal is to have them come together in a way that produces beautiful music.

It’s the same in IMC, where advertising might be your violin, social media your piano, public relations your trumpet and so on.

Page 30: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Airbnb

Page 31: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 32: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Airbnb – Don’t go there, live there…

Page 33: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Print Ads

Page 34: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 35: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

1. Emphasis on accountability and measurable results

2. Explosion in use of digital media

3. Integration of media platforms

4. Shift in Channel Power

5. Increased global competition

6. Increase in brand parity

7. Emphasis on customer engagement

Emerging Trends in Marketing Communications

Page 36: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

1. Accountability

Unlimited spending out, economic pressures

Advertising agencies are accountable

Want results from marketing budgets Advertising agencies expected to deliver

results Emerging social media changes

communication Emerging alternative methods and media Less reliance on mass TV ads

Page 37: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process
Page 38: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Explosive growth of digital media that may become part of a marketing communications program.

2. Explosion of Digital Media

Page 39: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Emergence of

Interactive Web sites, blogs, and social networks

Smartphones

Companies shifting expenditures from traditional to

new, social media

Younger consumers

Less likely to watch TV

Engaged in technology-based interactions

Challenge

Finding ways to reach consumers

Digital Media

Page 40: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

3. Integration of Media Platforms

Page 41: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Technology allows instant communications

Customers have access to unlimited information

Company, products, brands, reviews, ratings, etc.

Consumer communication has increased

Customers can now talk to each other

Page 42: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Channel power has

changed and is continuing

to change.

Shift from manufacture to

retailer to consumer

The internet has shifted

more power to the

consumer.

Multiple methods to make a

purchase (retail or online)

4. Shift in Channel Power

Page 43: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

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Online Retail Spending

Page 44: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Products can be purchased from

anywhere in the world

Competition no longer comes from down

the street.

Customers want both low prices and

high quality

Shopping online international is now

easy and transparent

5. Increases in Global Competition

Page 45: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Many products have identical benefits

Brand Parity – customers see brands as

about equal in quality and attributes.

No one brand is viewed a being superior

Consumers select from group of brands

Quality and characteristics less important

Price more important

Decline in brand loyalty

6. Increase in Brand Parity

Page 46: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Marketers seek to engage customers

Contact points important

Digital media now part of IMC

Two-way communication

Strive to develop emotional commitment

7. Emphasis on Customer Engagement

Page 47: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Mass marketing declining

Decrease in mass media advertising

effectiveness

VCR, TiVo impact (skipping ads)

Shift to one-on-one marketing

Focus on individuals and micro-segments

8. Increase in Micro-Marketing

Page 48: Integrated Marketing Communications...Integrated Marketing Communications The American Marketing Association defines Integrated Marketing Communications (IMC) as “a planning process

Overview of Integrating Marketing Communications