Integrated Marketing CommunicationsAdvertisingSellingPromotionPublic Relations
What Is Integrated MarketingCommunications? Integrated Marketing Communications Coordination of promotional efforts for maximuminformational and persuasive effectPrimary goal is to achieve and to support marketingobjectives This is primarily accomplished by sending an integratedand consistent message to consumers Usually employs a variety of mediums
Why IMC Is Important Decreased use of mass media advertisingDatabase marketing provides more precise targeting ofcustomersMore broadly diversified suppliers of advertisingIncreased management demands for return oninvestment in marketing efforts
Objectives of IMC Create awarenessStimulate demandProduct trialIdentify potential customersRetain existing customersBrand imageCounter competitive effortsReduce sales fluctuations
Push vs. Pull Push Pull The seller focuses their promotional efforts on the nextstage in the channel Dealers, distributors, wholesalers These in turn “push” it to the next stagePlaces a greater burden on the channel membersThe seller focuses their efforts on the consumer who “pulls”the product through the channelNot uncommon to have a mix of the two
IMC ing
Advertising A non-personal form of marketing communicationintended to persuade or inform using any one of severalmass media types: NewspapersTVRadioInternetBillboardsDirect mail
Print Ad Example
Print Ad Example
Celebrity Ads
Using Humor
Advertising Campaign The design of a series of advertisements and theirplacement in various advertising media in order tocommunicate with a particular target audience Got milk?Gecko and CavemenAnti-smoking ads
Advertising Campaign Process
Defining the Advertising Objectives What does the firm hope to accomplish with thecampaign? Objectives should be clear, precise, and measurable. revenue positioning brand awareness or image education/informative
Identify and Analyze Target Audience Target audience is the group of consumers targeted bythe campaign Location and geographic distributionDistribution of demographic factorsLifestyle informationConsumer attitudes
Creating the Advertising Platform Basic issues or selling points to be included in theadvertising campaign: selling propositionmessagingpositioning
Determining the Advertising Budget Advertising budget for a specified period Geographic size of the market and distribution of buyerswithin the market are important factors in determining thesize of the budgetAre there objectives other than market opportunity? Awareness and visibility Product rollout Strategic positioning or competition
Developing the Media Plan Specifies media vehicles and the schedule for running theadvertisements the “when and where”Plan objectives focus on achieving the reach andfrequency that the budget will allow Reach: the percentage of consumers in a target marketexposed to an advertisement in a specified periodFrequency: the number of times targeted consumers areexposed to an advertisement in a specified period
Developing the Media Plan (cont’d) Cost Comparison Indicator A means of comparing the cost of vehicles in a specificmedium in relation to the number of people reachedThe indicator is stated as the cost for exposing onethousand people (CPM) to an advertisement in a medium.Media Scheduling Types ContinuousFightingPulsing
Creating the Advertising MessageProduct Features, Uses,and BenefitsCharacteristics of theTarget AudienceAdvertising CampaignObjectives and PlatformChoice of MediaCollectively determinethe message which mayinclude images, words,music, and specialeffects as well othernon-verbal clues
Advertising Copy Copy: the verbal portion of advertisements Includes headlines, sub headlines, body copy,and signatureCopy guidelines: Identify a specific desire or problemDefine why the product is the best way to satisfy the desireor solve the problemState product benefitsSubstantiate advertising claimsAsk the buyer to take action
Artwork, Illustrations, and Layout Artwork Illustrations An ad’s illustration and layoutPhotos, drawings, graphs, charts, and tables used to sparkaudience interestLayout The physical arrangement of an ad’s illustration and copy
Personal Selling
What Is Personal Selling? Personal Selling Paid personal communication that informs customers andpersuades them to buy products Most adjustable to customer information needs Most precise (targeted) form ofpromotion methods Most expensive element inpromotion mix
Public Relations
Public Relations The practice of managing the flow of informationbetween a firm and its public Communications efforts used to create and maintainfavorable relations between an organization and itsstakeholdersFocuses on enhancing the image of the total organization
Stakeholders Another term for public is “stakeholders” CustomersVendorsStockholdersCommunityGovernments
Tools of the Trade Company magazinesBrochuresInternal newslettersSpeechesAnnual reportsSponsored eventsPress releases
Publicity Publicity: a news story type of communicationtransmitted through a mass medium at no charge News release A short piece of copy publicizing an event or a productFeature article A manuscript of up to 3,000 words prepared for aspecific publicationCaptioned photograph A photo with a brief description of its contentsPress conference A meeting used to announce major news events“There is no such thing as bad publicity except your own obituary”--Brendan Behan, Irish writer
Advantages and Disadvantages Publicity Advantages Credibility Significant word-of-mouth communications A perception of being endorsed by the mediaLimitations Must be accepted by news media Must be timely, interesting, accurate, and in the publicinterest Inability to control content or time of release to public
Press ReleaseHEADLINESub Headline With MoreInformationIntroduction – 5 W’sBody paragraph twoBody paragraph threeClose - ###Contact
Sales Promotion
Promotion A non-personal form of marketing communicationsintended to generate sales of a given product at a giventime Usually requires that a purchase be made to take advantageof the “offer” coupons BOGO samples rebates
Method Selection ObjectivesProduct characteristicsTarget market characteristicsDistribution channel(s)Number and types of resellersCompetitive and legal environmentBudget
Methods BOGOPremiums Captain Midnight Secret Decoder RingRebatesCouponsRepeat offersIn store samples or demosPOP displaysLoyalty programs Delta AirlinesWinn Dixie
Direct Marketing A form of non-personal marketing communicationsclosely related to advertising Direct mailBroadcast emailsInfomercialsTelemarketing
Guerrilla Marketing Unconventional and often very edgy marcom techniqueusing non-standard mediums Low costHigh attention valueMay miss some audiencesGenerally not useful for B2BBuzz, Viral and Ambassador tactics
What Is Integrated Marketing Communications? Integrated Marketing Communications Coordination of promotional efforts for maximum informational and persuasive effect Primary goal is to achieve and to support marketing objectives This is primarily accomplished by sending an integrated and consistent message to consumers Usually employs a variety of mediums
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Institutional Marketing and Communications is the primary communications and marketing organization for the University of Wyoming. Institutional Marketing and Communications enhances . Develop, execute and assess integrated, strategic marketing and communications programs, both internal and external, that strengthen, promote and protect .
1. Marketing communications play an important role for all companies. ANS: T PTS: 1 2. According to a recent study, integrated marketing communications is seldom employed by business-to-business marketers. ANS: F PTS: 1 3. The marketing communications component of the marketing mix has decreased dramatically in importance in recent decades.
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