Marketing Communications Notes
Introduction to Marketing Communications
- Marketing communications aim to effectively convey messages to target audiences.
- Understanding marketing concepts forms the basis for successful outreach.
- Two approaches:
- Outbound Marketing: Broadcasts messages broadly using various means:
- Advertising (TV, radio, print, OOH)
- Direct mail, e-mail, telemarketing
- Public relations and personal selling.
- Inbound Marketing: Consumers discover products through online techniques:
- Search engine optimization (SEO)
- Pay-per-click ads
- Social media and microsites.
Components of Integrated Marketing Communications (IMC)
- IMC includes:
- Social media marketing
- Advertising
- Mobile marketing
- Personal selling
- Public relations
- Event marketing and sponsorship
- Sales promotions
- Direct response marketing.
Types of Marketing Strategies
- Paid Media: Promotional channels paid for by the sponsor (e.g., traditional & digital media).
- Owned Media: Channels owned/controlled by the company (e.g., websites, social media pages).
- Earned Media: PR channels not directly paid for that gain traction due to interest (e.g., news articles, blogs).
- Shared Media: Media shared by consumers with others (e.g., social media posts, word of mouth).
Steps in the Marketing Communications Process
- Key factors include:
- Promotional mix
- Reach and frequency
- Touch points
- Competitor analysis
- Budget considerations
- Objectives and tasks.
- Tools include:
- Advertising
- Sales promotion
- Public relations
- Personal selling
- Direct marketing.
Advertising
- Definition: Any paid form of media for mass communication, including:
- TV, radio, print, online/digital, and out-of-home media (e.g., billboards).
Advantages of Advertising
- Broad reach at low cost per exposure.
- Repeated message reinforces awareness.
- Builds consumer trust and legitimacy.
Disadvantages of Advertising
- Impersonal communication, one-way.
- High costs for certain media types.
Advertising Objectives
- Typical objectives include:
- To inform, persuade, and remind consumers.
- To increase demand and differentiate products.
- To build a positive corporate image.
- SMART objectives must be specific, measurable, attainable, relevant, and time-based.
Advertising Budget
- Budget strategies include:
- Affordable, percent of sales, competitive, or objective & task-based.
Advertising Strategy
- Focus on:
- Message strategy: Attention, interest, desire, action (AIDA).
- Message characteristics: Meaningful, believable, distinctive.
Appeals in Advertising
- Rational: Functional benefits.
- Emotional: Evoke positive or negative feelings.
- Moral: Based on ethical considerations.
Types of Advertising Strategies
- Animation, comparison, demonstration, dramatization, humor, mood/image, personality symbol, scientific evidence, testimonial, slice of life.
- Media types include:
- Newspapers, magazines, TV, radio, billboards, online, guerilla marketing, social media, direct mail.
Key Metrics in Advertising
- Reach: Percentage of target audience exposed to the campaign.
- Frequency: Average number of times a consumer sees the campaign.
- Impact: Qualitative value of the campaign.
Advertising Evaluation
- Techniques include:
- Copy testing (pre-test vs. post-test).
- Direct sales results.
- Consumer/market research.
Public Relations (PR)
- Advantages:
- Enhances credibility and believability.
- Engages audiences resistant to advertising.
- Cost-effective if proactive.
Personal Selling
- Pros: Personal two-way communication, builds relationships.
- Cons: Long-term commitment, high cost of sales force.
- Pros: Wide range of tools, captures consumer attention, encourages quick responses.
- Cons: Short-lived impact.
Direct Marketing
- Pros: Tailored messages, interactive, builds direct relationships.
- Cons: May be perceived as spam.
Integrated Marketing Campaigns
- Rely on multiple channels to convey the same message through diverse formats.
- Increases familiarity and recall with the audience.
Case Study: Sick Kids Campaign
- Capital campaign necessitating a shift in narrative.
- Used consistent messaging across various media, including social, video, and traditional media.
- Leveraged celebrity endorsements and community partnerships to enhance engagement.