Integrated Marketing Communications
Transcript: Integrated Marketing Communications 5. Develop the Media Plan [Sales Promotion] Activities or materials that are direct inducements to customers or salespersons. Promotional Campaign: "A plan for combining and using the four promotional methods—advertising, personal selling, sales promotion, and public relations—in a particular promotion mix to achieve one or more marketing goals." 8. evaluate advertising effectiveness A campaign’s success should be measured in terms of its original objectives before, during, and/or after the campaign. "anything that can tract the mind of consumers" Promote people, places, activities, ideas, countries Enhance the reputation of the organization Create specific company images 3. Create the advertising Platform: An advertising platform includes the important selling points or features that an advertiser wishes to incorporate into the advertising campaign. Institutional advertising: Institutional advertising is advertising designed to enhance a firm’s image or reputation. 6. Create the advertising Message An advertising campaign is developed in several stages. These stages may vary in number and the order in which they are implemented depending on the company’s resources, products, and audiences. Trade shows Industry-wide exhibits at which many sellers display their products Buying allowance A temporary price reduction to resellers for purchasing specified quantities of a product Cooperative advertising An agreement that manufacturer agrees to pay retailer's media cost for advertising the manufacturer's products Training salespersons Types of advertising by Purpose Personal communication aimed at sellers in order to persuade them to buy a firms products Public Relations http://softdrinkcolawar.blogspot.com/2012/12/coca-cola-intergrated-marketing.html Personal Selling has different types of sales persons involved within the process. Promotion Planning The objective of promoting is to inform and influence consumers to purchase a firms products or make them have a more positive out look on the company. Advertisers can plan and produce their own advertising with help from media personnel, or they can hire advertising agencies. An advertising agency is an independent firm that plans, produces, and places advertising for its clients. Advertising Agencies Effects Types of public relations tools Info on market--> Organization--> Promotions Advertising Depending on its purpose and message, advertising may be classified into one of three groups: primary demand, selective demand, or institutional. Selective-demand advertising: Selective-demand (or brand) advertising is advertising that is used to sell a particular brand of product. 4. Answering objections Promotional efforts that are both informational and persuasive to its customers Example 1 June, 2011 Main questions for planning a promotional campaign Compensating salespersons The advertising media are the various forms of communication through which advertising reaches its audience. The major media are newspapers, magazines, direct mail, Yellow Pages, out-of-home displays, television, radio, the Internet, and social media. 4. Determine the advertising appropriation: The advertising appropriation is the total amount of money designated for advertising in a given period. Retailer or wholesaler method Criticisms of Promotion "A broad set of communication activities used to create and maintain favorable relationships between an organization and various public groups, both internal and external." 6. Follow up More than one method of promotion may be combined They depend on the organization’s resources and objectives, the nature of the target market, the characteristics of the product, and the feasibility of various promotional methods. 4. Determine the advertising appropriation Promotion and Marketing Objectives 2. Approaching the prospect Motivating salespersons Objectives, Product characteristics, Target market, Distribution chnnels, etc. 1. Identify and analyze the target audience 2. Define the advertising objectives: The goals of an advertising campaign should be stated precisely and in measurable terms. Setting a specified time period The effectiveness of a promotional campaign depends on the information available to marketers Specified geographic area Selective Demand Advertising 1. Identify and analyze the target audience: The target audience is the group of people toward whom a firm’s advertisements are directed. Communication activities used to create and maintain relationships with public groups both internal and external. Public Relations Attracting and hiring effective salespersons Advertising Media [Sales Promotion Methods] Consumer methods Thank you! Long lasting relationships with customers Consistent interation and communication Efficient use of promotional resources Personal Selling Is promotion deceptive? Does promotion increase prices? Does promotion create needs? Does promotion encourage materialism? Does promotion help