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4604429 Presentation Transcript

  • 1. Chapter 14 Integrated Marketing Communication Strategy PRINCIPLES OF MARKETING Eighth Edition Philip Kotler and Gary Armstrong
  • 2. The Marketing Communications Mix Advertising Personal Selling Any Paid Form of Nonpersonal Presentation by an Identified Sponsor. Sales Promotion Short-term Incentives to Encourage Sales. Public Relations Building Good Relations with Various Publics by Obtaining Favorable Unpaid Publicity. Direct Marketing Direct Communications With Individuals to Obtain an Immediate Response. Personal Presentations by a Firm’s Sales Force.
  • 3. Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Noise Media Sender Encoding Message Decoding Receiver Response Feedback The Communication Process
  • 4. Steps in Developing Effective Communication Step 1. Identifying the Target Audience Step 2. Determining the Communication Objectives Buyer Readiness Stages Purchase Conviction Preference Liking Knowledge Awareness
  • 5. Step 3. Designing a Message Steps in Developing Effective Communication Attention Interest Desire Message Content Rational Appeals Emotional Appeals Moral Appeals Message Structure Draw Conclusions Argument Type Argument Order Message Format Headline, Copy, Color, Words, & Sounds, Body Language Action
  • 6. Steps in Developing Effective Communication Nonpersonal Communication Channels Step 4. Choosing Media Personal Communication Channels Step 5. Selecting the Message Source Step 6. Collecting Feedback
  • 7. Setting the Total Promotion Budget Percentage- of-Sales Method Affordable Method Competitive- Parity Method Objective- and-Task Method
  • 8. Setting the Promotion Mix Nature of Each Promotion Tool Advertising Reaches Many Buyers, Expressive Impersonal Personal Selling Personal Interaction, Builds Relationships Costly Sales Promotion Provides Strong Incentives to Buy Short-Lived Public Relations Believable, Effective, Economical Underused by Many Companies Direct Marketing Nonpublic, Immediate, Customized, Interactive
  • 9. Factors in Developing Promotion Mix Strategies
    • Push Strategy - “Pushing” the Product Through Distribution Channels to Final Consumers.
    • Pull Strategy - Producer Directs It’s Marketing Activities Toward Final Consumers to Induce Them to Buy the Product.
    Type of Product/ Market Buyer/ Readiness Stage Product Life-Cycle Stage
  • 10. Changing Face of Marketing Communications Marketers Have Shifted Away From Mass Marketing Less Broadcasting New Marketing Communications Realities Improvements in Information Technology Has Led to Segmented Marketing More Narrowcasting
  • 11. Integrated Marketing Communications Company Carefully Integrates and Coordinates Its Many Communication Channels to Deliver a Clear, Consistent, Compelling Message. Advertising Personal Selling Public Relations Sales Promotion Direct Marketing Packaging Event Marketing Message