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Brand Management Session 11

Apr 09, 2018

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Shubham Kapoor
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    Integrated MarketingCommunications

    Integrated MarketingIntegrated MarketingCommunicationsCommunications

    Session 11Session 11

    SubhadipSubhadip RoyRoy

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    Role of Integrated Marketing

    Communications Marketing communications

    are the voice of the brand and are a meansby which it can establish a dialogue and buildrelationships with consumers.

    allow marketers to inform, persuade,incentivize, and remind consumers directlyor indirectly

    can contribute to brand equity byestablishing the brand in memory and linking

    strong, favorable, and unique associations toit.

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    Participants in IMC Management

    Marketing OrganizationMarketing PlanGoal & ObjectivesBrand Audit (what youare doing now

    Marketing OrganizationMarketing PlanGoal & ObjectivesBrand Audit (what youare doing now

    Specialized PromotionOrganizationsMedia OrganizationsEvent Management FirmsWeb Site DesignersSales Promotions AgenciesDirect Marketing AgenciesPublic Relations FirmsP-O-P Agencies & Designers

    Specialized Promotion

    OrganizationsMedia OrganizationsEvent Management FirmsWeb Site DesignersSales Promotions AgenciesDirect Marketing Agencies

    Public Relations FirmsP-O-P Agencies & Designers

    Advertising AgencyResearchCreative StrategiesProductionMessage Placement

    Advertising AgencyResearchCreative Strategies

    ProductionMessage Placement Advertising

    Internet advertisingDirect Marketing

    Sales PromotionsPublic RelationsPersonal Selling

    AdvertisingInternet advertising

    Direct Marketing

    Sales PromotionsPublic RelationsPersonal Selling

    IMC

    Management

    IMC

    Management

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    Relationship Between Promotion,the Promotional Mix, and

    Integrated Marketing Communications

    Promotion: Process

    Promotion Mix: Tools

    IMC: Management of thePromotion Mix

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    Integrated MarketingCommunications

    FACTORS CONTRIBUTING TO IMCs RISING

    PROMINENCE Fragmentation of Media Better Audience Assessment Through Database

    Technology Consumer Empowerment Increased Advertising Clutter Shifting Channel Power Desire of Greater Accountability

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    IMC History Disney (1950-60s)

    Synergy: coordinated marketingefforts (print, television, movies, merch,and theme park

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    Disney

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    Disney

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    Simple vs. synchronized

    integration Simple

    Secondary media (radio, print, in-store)designed to support the primary medium(television) using consistent messagingacross channels

    Synchronized

    No medium dominates All are equal

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    Simple

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    Synchronized Communication

    Public Relations

    Internet Presence

    Television and Print

    A u d i e

    n c e

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    Synchronized: IPL

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    IPL

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    Integrated Communication Options

    (Business-to-Consumer) Media Advertising (TV, radio, newspapers,

    magazines) Direct Response Advertising Interactive (on-line) Advertising & Web Sites

    Outdoor Advertising (billboards, posters,cinema) Point-of-Purchase Advertising

    Trade Promotions Consumer Promotions Sponsorship of Event Marketing

    Publicity or Public Relations

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    Integrated Communication Options

    (Business-to-Business) Media Advertising (TV, radio, newspaper,magazines)

    Trade Journal Advertising Interactive (on-line) Advertising & Web Sites Directories Direct Mail Brochures & Sales Literature Audio-Visual Presentation Tapes Giveaways Sponsorship or Event Marketing

    Exhibitions, Trade Shows, Conventions Publicity or Public Relations

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    B2B: IMC Options

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    B2B

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    B2B: Exhibition

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    The Risks of Integration

    In order for IMC to work, there

    must be strong coordination amongstthe different marketing disciplines Can prevent rapid responses to

    unexpected situations and emergingopportunities Failure of any one component can have

    dire consequences for other reliantcomponents

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    Common causes of IMC

    failure Incorrect strategic assumptions

    Inferior tactical execution Unanticipated marketplace changes

    Unforseen delays Product to market, integrated marketing

    elements Conflicts between integration partner

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    Evaluating IMC Programs Coverage - what proportion of the

    target audience is reached by eachcommunication option employed, aswell as how much overlap existsamong options

    Cost - what is the per capita expense

    Are we getting good eyeball return oninvestment?

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    Evaluating IMC Programs

    Contribution - the collective effecton brand equity in terms of enhancing depth & breadth of awareness

    improving strength, favorability, & uniqueness of brand associations

    Commonality - the extent to whichinformation conveyed by differentcommunication options share meaning

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    Evaluating IMC Programs

    Complementarity - the extent to which

    different associations and linkages areemphasized across communication options

    Versatility - the extent to whichinformation contained in a communicationoption works with different types of consumers

    Different communications history Different market segments

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    Keller Bes for IMC Be analytical : Use frameworks of

    consumer behavior and managerial decision-making to develop well-reasonedcommunication programs

    Be curious : Fully understand consumers byusing all forms of research and always bethinking of how you can create added value

    for consumers Be single-minded : Focus message onwell-defined target markets (less can be

    more)

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    Keller Bes for IMC Be integrative : reinforce your message

    through consistency and cuing across allcommunications Be creative : State your message in a

    unique fashion; use alternative promotionsand media to create favorable, strong, andunique brand associations

    Be observant : Monitor competition,customers, channel members, and

    employees through tracking studies

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    Keller Bes for IMC

    Be realistic : Understand thecomplexities involved in marketingcommunications

    Be patient : Take a long-term view of communication effectiveness to build

    and manage brand equity

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    Thank You, Class