Integrated Marketing Communications Strategy
- The promotion mix is the specific blend of advertising, public relations, personal selling, and direct-marketing tools that the company uses to persuasively communicate customer value and build customer relationships.
- Major Promotion Tools:
- Advertising
- Sales promotion
- Public relations
- Personal selling
- Direct marketing
- Advertising: Any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor.
- Broadcast
- Print
- Internet
- Outdoor
- Sales promotion: Short-term incentives to encourage the purchase or sale of a product or service.
- Discounts
- Coupons
- Displays
- Demonstrations
- Public relations: Building good relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events.
- Press releases
- Sponsorships
- Special events
- Web pages
- Personal selling: The personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships.
- Sales presentations
- Trade shows
- Incentive programs
- Direct marketing: Making direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships—by using direct mail, telephone, direct-response television, e-mail, and the Internet to communicate directly with specific consumers.
- Catalog
- Telemarketing
- Kiosks
Integrated Marketing Communications
- The New Marketing Landscape:
- Major factors affecting change toward segmented marketing
- Shift away from mass marketing
- Improvements in information technology
- The Shifting Marketing Communications Model:
- Less broadcasting and more narrowcasting
- Advertisers are shifting budgets away from network television to more targeted cost- effective, interactive, and engaging media.
- The Need for Integrated Marketing Communications:
- Integrated marketing communication is the integration by the company of its communication channels to deliver a clear, consistent, and compelling message about the organization and its brands.
- Integrated marketing communication calls for recognizing all contact points (brand contact) where the customer may encounter the company and its brands.
A View of the Communications Process
- Integrated marketing communication involves identifying the target audience and shaping a well-coordinated promotional program to obtain the desired audience response.
- Marketers are moving toward viewing communications as managing the customer relationship over time.
- The Communications Process:
- Sender
- Encoding
- Message
- Media
- Decoding
- Receiver
- Response
- Feedback
- Noise
- Sender is the party sending the message to another party.
- Encoding is the process of putting thought into symbolic form.
- Message is the set of symbols the sender transmits.
- Media refers to the communications channels through which the message moves from sender to receiver.
- Decoding is the process by which the receiver assigns meaning to the symbols.
- Receiver is the party receiving the message sent by another party.
- Response is the reaction of the receiver after being exposed to the message
- Feedback is the part of the receiver’s response communicated back to the sender
- Noise is the unplanned static or distortion during the communication process, which results in the receiver’s getting a different message than the one the sender sent
- For a message to be effective, the sender’s encoding must mesh with the receiver’s decoding process.
- Best messages consist of words and other symbols that are familiar to the receiver.
- Marketers may not share their consumer’s field of experience but must understand the consumer’s field of experience.
Steps in Developing Effective Communication
- Effective Communication:
- Identify the target audience
- Determine the communication objectives
- Design the message
- Choose the media
- Select the message source
- Collect feedback
- Identifying the Target Audience:
- Marketing communications begins with a clear target audience to answer these questions:
- What will be said
- How it will be said
- When it will be said
- Where it will be said
- Who will say it
- Determining the Communications Objectives:
- Marketers seek a purchase response that result from a consumer decision-making process that includes the stages of buyer readiness.
- Designing a Message:
- AIDA Model
- Get Attention
- Hold Interest
- Arouse Desire
- Obtain Action
- Designing includes the message content, structure and format.
- Message content—what to say
- Message structure—how to say it
- Message format—through what way to express
- Message content is an appeal or theme that will produce the desired response.
- Rational appeal
- Emotional appeal
- Moral appeal
- Rational appeal relates to the audience’s self -interest.
- Emotional appeal is an attempt to stir up positive or negative emotions to motivate a purchase.
- Moral appeal is directed at the audience’s sense of right and proper.
- Choosing Media:
- Personal communication
- Non-personal communication
- Personal Communication:
- Personal communication involves two or more people communicating directing with each other.
- Face-to-face
- Phone
- Mail
- E-mail
- Internet chat
- Personal communication is effective because it allows personal addressing and feedback.
- Control of personal communication
- Company
- Independent experts
- Word of mouth
- Company
- Independent experts
- Consumer advocates
- Buying guides
- Word of mouth
- Opinion leaders are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exerts social influence on others.
- Buzz marketing involves cultivating opinion leaders and getting them to spread information about a product or service to others in their communities.
- Non-Personal Communication Channels:
- Non-personal communication is media that carry messages without personal contact or feedback— including major media, atmospheres, and events—that affect the buyer directly.
- Major media include print, broadcast, display, and online media.
- Atmospheres are designed environments that create or reinforce the buyer’s leanings toward buying a product.
- Events are staged occurrences that communicate messages to target audiences.
- Press conferences
- Grand openings
- Exhibits
- Public tours
- Selecting the Message:
- The message’s impact on the target audience is affected by how the audience views the communicator.
- Celebrities, e.g. athletes, entertainers
- Professionals, e.g. health care providers
- Collecting Feedback:
- Involves the communicator understanding the effect on the target audience by measuring behavior resulting from the behavior.
- Setting the Total Promotion Budget:
- Affordable budget method
- Percentage-of-sales method
- Competitive-parity method
- Objective-and-task method
- Affordable budget method sets the budget at an affordable level.
- Ignores the effects of promotion on sales
- Percentage-of-sales method sets the budget at a certain percentage of current or forecasted sales or unit sales price.
- Easy to use and helps management think about the relationship between promotion, selling price, and profit per unit
- Wrongly views sales as the cause than the result of promotion
- Competitive-parity method sets the budget to match competitor outlays.
- Represents industry standards
- Avoids promotion wars
- Objective-and-task method sets the budget based on what the firm wants to accomplish with promotion and includes
- Defining promotion objectives
- Determining tasks to achieve the objectives
- Estimating costs
- Objective-and-task method forces management to spell out its assumption about the relationship between outlays and results but is difficult to use.
- Shaping the Overall Promotion Mix:
- The Nature of Each Promotion Tool
- Advertising
- Personal selling
- Sales promotion
- Public relations
- Direct marketing
- Advertising reaches masses of geographically dispersed buyers at a low cost per exposure and enables the seller to repeat a message many times.
- Advertising is impersonal, cannot be directly persuasive as personal selling, and can be expensive.
- Personal selling is the most effective method at certain stages of the buying process, particularly in building buyers’ preferences, convictions, and actions and developing customer relationships.
- Sales promotion includes coupons, contests, cents-off deals, and premiums that attract consumer attention and offer strong incentives to purchase. It can be used to dramatize product offers and to boost sagging sales.
- Public relations is a very believable form of promotion that includes new stories, features, sponsorships, and events.
- Direct marketing is a non-public, immediate, customized, and interactive promotional tool that includes direct mail, catalogs, telemarketing, and online marketing.
- Promotion Mix Strategies:
- Push strategy involves pushing the product to the consumers by inducing channel members to carry the product and promote it to final consumers.
- Pull strategy is when the producer directs its marketing activities toward the final consumers to induce them to buy the product and create demand from channel members.
- Integrating the Promotion Mix: Checklist
- Analyze trends—internal and external.
- Audit the pockets of communication spending throughout the organization.
- Identify all customer touch points for the company and its brands.
- Team up in communications planning.
- Create compatible themes, tones, and quality across all communications media.
- Create performance measures that are shared by all communications elements.
- Appoint a director responsible for the company’s persuasive communications efforts.
Socially Responsible Marketing Communication
- Integrating the Promotion Mix: Checklist
- Communicate openly and honestly with consumers and resellers.
- Avoid deceptive or false advertising.
- Avoid bait and switch advertising.
- Conform to all federal, state, and local regulations.
- Follow rules of “fair competition.”
- Do not offer bribes.
- Do not attempt to obtain competitors’ trade secrets.
- Do not disparage competitors or their products.