Integrated Marketing Communications (Imc)
Integrated Marketing Communications (Imc)
Integrated Marketing Communications (Imc)
Communications (IMC)
Topics to be covered
Introduction
Definition
Relevance of IMC
Components of IMC
Importance of objectives for IMC
Promotional Objectives
Communications Objectives
Sales Objectives
DAGMAR
Introduction
-
Definition
-
Relevance of IMC
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Creating awareness
Providing information
Persuading buyers
Creating favourable attitudes
Providing reminders
Creates brand image
Develops brand loyalty
Educating customers
Expanding markets and retaining existing
customers
Builds goodwill
Components of IMC
Advertising
- Any paid form of non-personal
communication about an organisation, ideas,
goods or services by an identified sponsor.
- Mass communication device.
- Persuasive & Cost-effective.
- Powerful tool for building brand equity and
brand image.
Direct Marketing
- Companies communicate directly with target
consumers to generate response.
- Involves a variety of activities like database
management, direct selling, tele marketing and
direct response ads through direct mail etc.
- Direct response advstg is where a product is
promoted through an ad that encourages the
customer to purchase directly from
manufacturer.
Internet Marketing
- Advances in technology and developments in
interactive media.
- Not one-way in nature like advertising but
allows for a variety of functions like receiving
and altering information, make inquiries and
make purchases.
- Includes CD-ROMs, kiosks, interactive
television.
- Is both an advertising medium and marketing
communication tool (personal selling, PR
activities, direct marketing).
Sales Promotion
- Those activities that provide extra incentives
to the sales force, distributors or ultimate
consumers and stimulate immediate sales.
- Consumer-oriented and Trade-oriented
activities.
Publicity
- Refers to non-personal communication
regarding a company, product, service or idea
not directly paid for or run under identified
sponsorship.
Public Relations
- When a company systematically plans and
distributes information in order to control and
manage its image and nature of publicity
received.
- A management function which evaluates
public attitudes, identifies the policies &
procedures of an individual/company with
public interest and executes a program of
action to earn public understanding and
acceptance.
Personal Selling
- Person-to-person communication where the
seller attempts to persuade prospective buyers
to purchase the companys product/service.
Promotional Objectives
Communications Objectives
Sales Objectives
DAGMAR
Merits of DAGMAR:
Facilitates sound ad planning
Ensures effective communication
Improves understanding
Reduces subjectivity
Limitations:
Problem with response hierarchy
Sales objective may not be achieved
Practicality and costs
Inhibits ad creativity