IMC Session 1
IMC Session 1
1-4
https://
www.youtube.com/watch?v=
hUNAMOCocDE
Chapter Objectives
1. How does communication take place?
2. What is an integrated marketing communications
program?
3. What new trends are affecting marketing
communications?
4. How does an integrated marketing communications
program create value?
Chapter Overview
Product
Price
Promotion
1. Advertising
2. Sales Promotions
3. Personal Selling
• Database Marketing
• Direct Response Marketing
• Sponsorship Marketing
• Social Media
• Alternative Marketing
• Public Relations
Distribution
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Accountability
and
Measurable Results
• Economic pressures
• Want results from marketing budgets
• Effort led by CEOs, CFOs, and CMOs
• Advertising agencies expected to deliver results
• Emerging social media changes communication
• Emerging alternative methods and media
• Less reliance on mass TV ads
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Changes in Tasks Performed
• Account executive – represents advertising agency
and interface with clients
• Brand or product manager – oversees specific brands
or line of products
• Creatives – design ads and promotional materials
• Account planners – voice of the consumer within the
agency (closer relations with consumers)
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Emergence of Alternative Media
• Emergence of
– Interactive Web sites, blogs, and social networks
– Smartphones
• Companies shifting expenditures from
traditional to new, alternative media
• Younger consumers
– Less likely to watch TV
– Engaged in technology-based interactions
• Challenge
– Finding ways to reach consumers
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The Value of IMC
Reasons for Integrating Communication
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Advances in Information Technology
• Instant communications
• Consumers have access to unlimited information
• Consumer communication has increased
• Makeupmaven Lauren Luke – selling globally, YouTube videos
50million views plus.
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Changes in Channel Power
• Retailers
– Control channel
– Control shelf space
– Have purchase data
– Determine products and brands on shelves
• Consumers
– Internet shifts power to consumers
– Multiple methods of making purchases
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Increases in Global Competition
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Increase in Brand Parity
• Brands viewed as being equivalent
• Consumers select from group of brands
• Quality and characteristics less
important
• Price more important
• Decline in brand loyalty
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Emphasis
Customer Engagement
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Increase in Micro-Marketing
• Identify appropriate media
• Decrease in mass media advertising effectiveness
• Shift to micro-marketing
• Focus on individuals and micro-segments
• Agencies now assist with IMC efforts
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International Implications
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