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Define integrated marketing communications
A holistic marketing approach where all aspects of marketing (advertising, promotion, public relations, sponsorships, events) work together towards a common goal.
IMC takes the best of each communications medium and combines it to achieve the most effective marketing communications campaign possible.
What is the goal of IMC?
To ensure all the various marketing mix elements work together to deliver a consistent message.
Delivering the right message, to the right consumer, at the right time!
When was IMC coined
1980s
What is the difference between traditional and integrated marketing?
Traditional
Company driven
Goal: make a sale / increase profits
Media: print and broadcast
One-way conversation: speaks at the consumer
Mass audience / general messages
Uncoordinated messages'
Build awareness
Integrated
Consumer driven
Goal: understand and meet the needs of the consumer
Media: best media option to meet the target audience
Two-way conversation: speaks with the consumer
Personalized / tailored messages
Coordinated messages
Call to action
What are the six components of the communication process?
Sender (The Coca-Cola Company)
Transmitter (The marketing agency)
Communications channel (The media type used)
Receiver (The target audience)
Noise (any message that detracts from the original message; competing messaging, anything that make the receiver not get the message as intended)
Feedback (The communication between the receiver and the sender to say let them know if the message was received properly)
What is the AIDA model
Provides a basis for understanding how marketing communication works.
Awareness → Interest → Desire → Action
What are the awareness metrics discussed in class?
Aided recall (have you heard of Coke) and top-of-mind awareness (Name an American soda brand)
What does the interest in the AIDA model mean?
It is one thing for the customer to know about the product, but to have interest involves sparking their curiosity enough to investigate the product further
What does the desire part of the AIDA model mean?
Getting the customer from I like it to I want it
What does the action part of the AIDA model mean?
The goal is to get the receiver to purchase the product. Action means to get the receiver to do an action.
PSAs like antidrug programing counts
What is the lagged effect?
Sometimes consumers don’t act immediately after receiving a marketing communication. Multiple exposures are often necessary.
Are some marketing channels (social media) better than others (radio)
No, IMC is all about using the channels together to have a better impact
When is personal selling generally better?
When the purchase is complicated because the salesperson can customize the communication to meet the needs of the specific buyer.
What is direct marketing?
Communicating directly with target customers (no middleman) to generate a response or transaction. Direct marketing has grown because companies now know more about their customers then ever before (big data)
Social media is a big medium
What is public relations as a communications channel?
“Free” media attention, but requires a ton of work and personal relationships