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Chapter One. Overview of Integrated Marketing Communications. 2007 Thomson South-Western. Elements of Marketing Communications. Marketing Communications at the Brand Level. A well-known and respected brand is an invaluable asset.
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Chapter One Overview of Integrated Marketing Communications 2007 Thomson South-Western
Marketing Communications at the Brand Level A well-known and respected brand is an invaluable asset This is the key means for differentiating one company’s offering from another’s A successful brand can create barriers to entry for competitors Brand
Integrated Marketing Communications (IMC) The philosophy and practice of carefully coordinating a brand’s sundry marketing communication elements.
The Meaning of Synergy • The payoff from IMC is that brand managers achieve • The integration of multiple communication tools and media yield more positive communication results than the tools used individually
The MCT (Keller Kevin Lane (2001), “Mastering the Marketing Communications Mix: Micro & Macro Perspectives on IMC Programs”, Journal of Marketing Management, 17, 823-851 • Three “Actors” in a Situation • The three “actors” determine • INTERACTION EFFECTS
Mountain Dew • Brand’s Core Meaning • FUN, EXHILARATION, ENERGY • Tagline • Do the Dew
Five Key Features of IMC • Start with the Customer • “Outside-In” approach • “Inside- Out” approach
Five Key Features of IMC 2. Use any form of relevant contact
Five Key Features of IMC 3. Achieve synergy (speak with a single voice)
Five Key Features of IMC 4. Build relationships. • Aim to increase “share of wallet”
Five Key Features of IMC • Affect behavior • Survey by Whole foods • Affect behavior?
A Concluding Mantra: All Marketing Communications Should Be… Directed To A Particular Target Market Clearly Positioned Created To Achieve a Specific Objective Undertaken To Accomplish The Objective Within Budget Constraint
MarCom Outcomes Outcomes Enhancing Brand Equity Affecting Behavior