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The Role of Marketing Communications Informing Persuading Reminding

IMC Planning Process

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Page 1: IMC Planning Process

The Role of Marketing Communications

Informing

Persuading

Reminding

Page 2: IMC Planning Process

The Marketing Communications Mix

Page 3: IMC Planning Process

Integrated Marketing Communications

Integrated Marketing Communications (IMC):The strategic integration of

multiple means of communicating with target markets to form a comprehensive, consistent message.

Page 4: IMC Planning Process

The Marketing Communications Process

Page 5: IMC Planning Process

Marketing Communications Planning

SituationAnalysis

CommunicationsProcess Analysis

BudgetDevelopment

ProgramDevelopment

Integration&

Implementation

Monitoring,Evaluating,Controlling

Marketing Plan

Review

Page 6: IMC Planning Process

Situation Analysis

TheCompetitiveEnvironment

TheCompetitiveEnvironment

TheEconomic

Environment

TheEconomic

Environment

MarketingMix

Considerations

MarketingMix

Considerations

TheSocial

Environment

TheSocial

Environment

Page 7: IMC Planning Process

Communications Process Analysis

Apply the Basic Communication Model.

Set Marketing Communications Objectives

Page 8: IMC Planning Process

Budget Development

Influences on Budgeting: Size of the company Its financial resources The type of business The market dispersion The industry growth rate The firm’s position in the

marketplace

Page 9: IMC Planning Process

Budgeting Methods

Percentage of Sales Competitive Parity All-You-Can-Afford Objective-Task

Page 10: IMC Planning Process

Marketing Communications Program Development

Explicit Communications: Convey a distinct, clearly stated message through personal

selling, advertising, public relations, sales promotion, direct marketing, or some combination of these methods.

Implicit Communications: What the message connotes about the product itself, its price, or

the places it is sold.

Page 11: IMC Planning Process

Push, Pull, and Combination Strategies

Push Strategy: Involves convincing intermediary channel members to “push”

the product through the cannel to the ultimate consumer.

Pull Strategy: Attempts to get consumers to “pull” the product from the

manufacturing company through the marketing channel.

Page 12: IMC Planning Process

Push, Pull, and Combination Strategies

Combination Strategy:Aiming marketing communications

at both resellers and ultimate consumers.

Combination Strategy:Aiming marketing communications

at both resellers and ultimate consumers.

Page 13: IMC Planning Process

Integration and Implementation

Implementation: Setting the marketing communications

plan into action.

Implementation: Setting the marketing communications

plan into action.

The key aspect of implementation

is coordination !!!

Page 14: IMC Planning Process

Monitoring, Evaluating, and Controlling

Monitor sales promotion by the number of coupons redeemed.

Measure the effectiveness of a new personal selling strategy by looking at the number of new accounts opened.

A firm might run tests to see it consumers noticed the ad.

Review sales results and attribute fluctuations in sales volume to MC.

Monitor sales promotion by the number of coupons redeemed.

Measure the effectiveness of a new personal selling strategy by looking at the number of new accounts opened.

A firm might run tests to see it consumers noticed the ad.

Review sales results and attribute fluctuations in sales volume to MC.

Page 15: IMC Planning Process

Ethical and Legal Considerations

M C Element Legal / Ethical ConcernsM C Element Legal / Ethical Concerns

Advertising Deceptive advertisingUnfavorable stereotypes

Public Relations Lack of sincerityUsing economic power unfairly

Sales Promotion Misleading consumer promotionsPaying slotting allowances for shelf space

Personal Selling High-pressure sellingMisrepresenting product benefits

Direct Marketing Telemarketing privacy invasionMisuse of consumer database information

Advertising Deceptive advertisingUnfavorable stereotypes

Public Relations Lack of sincerityUsing economic power unfairly

Sales Promotion Misleading consumer promotionsPaying slotting allowances for shelf space

Personal Selling High-pressure sellingMisrepresenting product benefits

Direct Marketing Telemarketing privacy invasionMisuse of consumer database information

Page 16: IMC Planning Process

Legal -- but Ethical?

Some marketing communications may be technically legal but raise significant ethical questions: Liquor industry now advertises on cable and local

television stations.

Extensive promotion of higher-cost drugs when health care costs are spiraling out of control.

Heavy promotional allowances to pharmacies for agreement to push proprietary instead of generic drugs.

Promotion of legalized gambling.

Some marketing communications may be technically legal but raise significant ethical questions: Liquor industry now advertises on cable and local

television stations.

Extensive promotion of higher-cost drugs when health care costs are spiraling out of control.

Heavy promotional allowances to pharmacies for agreement to push proprietary instead of generic drugs.

Promotion of legalized gambling.