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Chapter 14 - IMC

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Chapter 14 - IMC

Uploaded by

jaden
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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Chapter 14 – Integrated Marketing Communications (IMC)

IMC is the promotion dimension of the four P’s


Uses a variety of communication methods: general ads, personal selling, sales promotion,
public relations, direct marketing, digital media
- All done in combination

How consumers perceive communication


- Receives decode messages differently, which is not necessarily the way the sender
intended.
- Sender – the firm from which an IMC message originates; the sender must be clearly
identified to the intended audience.
- Deceptive Advertising – a representation, omission, act, or practice in an advertisement
that I likely to mislead consumers acting reasonably under the circumstances.
- Senders adjust messages according to the medium & receivers’ traits
- Transmitter – agent or intermediary with which the sender works to develop the
marketing communications, for example, a firm’s creative department or an advertising
agency.
- Encoding – the process of converting the sender’s ideas into a message, which could be
verbal, visual, or both.
- Communication Channel – the medium – print, broadcast, internet – that carries the
message
- Receiver – the person who reads, or sees and processes the information contained in
the message or advertisement
- Decoding – the process by which the receiver interprets the sender’s message
- Noise – any interference that stems from competing messages, a lack of clarity in the
message, or a flaw in the medium, and it poses a problem for all communication
channels.
- Feedback Loop – allows the receiver to communicate with the sender and thereby
informs the sender whether the message was received and decoded properly.

Steps in Planning an IMC Campaign


1. Identify Target Audience
- Campaign success depends on how well the advertiser can identify its target audience
- Research is conducted
- Information gathered sets tones on advertising & media selected

2. Set Objectives
- All marketing communications aim to achieve certain objectives: to inform, persuade,
and remind customers. This can be accomplished via:
- Pull Strategy – when advertising to consumers
- Push Strategy
Nature of the market – consumer vs business
Nature of the Product – simpler or complex)
Stage in the Product life cycle

3. Determine Budget
- Considerations: role that advertising plays in their attempt to meet their overall
promotional objectives, expenditures vary over the course of the Product Life Cycle, and
nature of the market and the product influence the size of the budget
Budgeting Methods:
- Objective and Task – determines the cost required to undertake specific tasks to
accomplish communication objectives
- Competitive Parity – the firm’s share of the communication expense is in line with its
market share.
- Percentage of Sales – method of determining a communications budget that is based on
a fixed percentage of forecasted sales.
- Affordable Budgeting – based on what is left over after other operating costs have been
covered.

4. Convey Message
Unique Selling Proposition - Differentiate a product by communicating its unique
attributes
- Often becomes the common theme or slogan of the entire campaign
- Rational Appeal – helps consumers make purchase decisions by offering factual
information and strong arguments built around relevant issues that encourage
consumers to evaluate the brand favourably on the basis of the key benefits it provides.
- Emotional Appeal – aims to satisfy consumers’ emotional desires rather than their
utilitarian needs.

5. Evaluate and Select Media


- Media Planning – process of evaluating and selecting the media mix that will deliver a
clear, consistent, compelling message to the intended audience.
- Media Mix – the combination of the media used and the frequency of advertising in
each medium.
- Media Buy – the purchase of airtime or print pages.
- Mass Media – reaches large anonymous audience
- Niche Media – reach a smaller more concentrated audience
Choosing the right medium – S 26
Determining the Advertising Schedule
- Continuous – runs steadily throughout the year and therefore is suited to products and
services that are consumed continually at relatively steady rates and that require a
steady level or persuasive or reminder advertising. Household items like tide, paper
towel, deodorant
- Flighting – implemented in sports, with periods of heavy advertising followed by periods
of no advertising. Seasonal products like snow blowers?
- Pulsing – combines the continuous and flighting schedules by maintaining a base level of
advertising but increasing advertising intensely during certain periods.
6. Create Communication
Communications:
- They type of medium determines the execution style
- Creativity plays a major role in the execution stage
- Creativity should not overshadow the message
- The execution style must match the medium and objectives

7. Assess Impact Using Marketing Metrics


- Pretesting -assessments performed before an ad campaign is implemented to ensure
that the various elements are working in an integrated fashion and doing what they are
intended to do.
- Tracking – includes monitoring key indicators, such as daily or weekly sales volume,
while the advertisement is running to shed light on any problems with the message or
the medium
- Post-Testing – the evaluation of an IMC campaign’s impact after it has been
implemented.

Integrated Marketing Communication Tools


- Advertising – most visible element of IMC, extremely effective at creating awareness
and generating interest
- Personal Selling – some products require the help of a salesperson, more expensive than
other forms of promotion, and salespeople can add significant value, which makes the
expense worth it
- Sales Promotions – can be aimed at both end user consumers or channel members, use
din conjunction with other forms of IMC, and can be used for both short-term and long-
term objectives
- Direct Marketing – Characteristics: targeted, motivates an action, is measurable, and
provides info. Types:
1. Direct Mail/Email
2. Catalogues – hard copy and online, welcomed in 80% homes
3. Direct Response TV (DRTV) – short television commercials and/or infomercials.
Strong action to call a number/mail/website
4. Kiosks – facilitate service delivery, sell services and products to consumers
- Public Relations – “free” media attention, importance of PR has grown as cost of other
media has increased, and consumers becoming more skeptical about marketing PR
becoming more important. Elements of PR Toolkit slide 44
- Digital media – websites, blogs, social media, mobile aps

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