01 copyright © 2012 mcgraw-hill companies, inc., all right reversed mcgraw-hill/irwin an...
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Copyright © 2012 McGraw-Hill Companies, Inc., All right reversedMcGraw-Hill/Irwin
An Introduction to IntegratedMarketing Communications
The Role of Marketing
Advertising & Promotion
Inform customers of a product or service
Convince them of its ability to satisfy their wants or needs
Help develop and sustain relationships
Nonprofit Organizations
Solicit donations
Offer intangible social and psychological satisfactions
1-2
The Marketing Mix
• The Four Ps• Product• Price• Place• Promotion
1-3
Building Brands in a Recession
Consumers
Spend less money
Carefully scrutinize purchases
Rethink brand loyalties
Willing to trade off or down
More price sensitive
More value conscious
1-4
Building Brands in a Recession
Reduce advertising budgets
Balance discounts/promos w/brand image
Must overcome consumer distrust
Change product marketing focus
Increase online social presence
Look for new ways to remain relevant
Companies
1-5
Advertising Classifications
Primary / Selective Demand Primary / Selective Demand
Business-to-Business Business-to-Business
Organizations
National National
Retail / Local Retail / Local
Professional Professional
Trade Trade
Consumers
1-6
Forms of Direct Marketing
Database Management
Database Management
TelemarketingTelemarketing
Direct MailDirect Mail
Shopping ChannelsShopping Channels
CatalogsCatalogs
InternetSalesInternetSales
Direct SellingDirect Selling
Direct Response Ads
Direct Response Ads
1-7
Interactive Marketing
• Interactive media• Internet• Kiosks• Interactive television• Cell phones• Other mobile devices
1-8
Sales Promotion
Marketing activities that provideextra value or incentives to the…
Sales Force
Retailers
Ultimate Consumer
1-9
Publicity
High credibility and low cost
High credibility and low cost
Not always under company control
Not always under company control
Is sometimes unfavorable
Is sometimes unfavorable
A news story, editorial, or
announcement to a mass audience
A news story, editorial, or
announcement to a mass audience
Not directly paid foror run under
identified sponsor
1-10
Public Relations
• Management function• Evaluates public attitudes• Identifies items of public interest• Executes a program of action to earn
public understanding and acceptance
• Primary objectives• Establish and maintain a positive image
of the company among various publics
1-11
Personal Selling
• Person-to-person communication• A seller attempts to assist and/or
persuade prospective buyers to make a purchase or act on an idea
1-12
Elements of a Marketing Plan
Detailed situation analysis
Marketing strategy and program
Specific marketing objectives
Program for implementing the strategy
Process for monitoring & evaluating performance
1-13
Promotional Program Situational Analysis
Internal
Firm’s promotional organization/capabilities
Review of previous programs and results
Assess firm/brand image
Assess strengths and weaknesses of product or service
External
Customer analysis
Competitive analysis
Environmental analysis
1-14
Monitoring, Evaluation, Control
Basic Goals
Determine how well the programis doing, and why
Problem correction
Continual management feedback
Input for future promotions/strategies
1-15