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02 Elements of IMC
Advertising
Features of Advertising
Paid-form
Non-personal presentation
Identified sponsor
Advertising
Advantages of Advertising
1. Promotion of Sales
2. Expansion of Production
3. Enhances Goodwill
4. Large Turnover and Huge Profits
5. Information about Different Options and Comparative Prices
6. Creates Employment Opportunities
7. Higher Standard of Living
Advertising
Disadvantages of Advertising
1. Adds to the Cost of Production and Product
2. Leads to Price War
3. Deceptive Advertising
4. Leads to Unequal Competition
5. Creates a Monopolistic Market
6. Promotes Unnecessary Consumption
7. Decline in Moral Values
Sales Promotion
Different Types of Sales Promotion
Consumer Promotion
Free Samples, Coupons, Cash Refund Offers, Price Packs (Supersaver
Packs), Gifts etc.
Trade Promotion
Price-Off, Allowances (Display Allowance), Free Goods, Gifts and Prizes
etc.
Sales-Force Promotion
Trade shows and Conventions, Sales Contests
Sales Promotion
Advantages of Sales Promotion
1. Stimulates in the consumers an attitude towards the product and also loyalty.
2. Creates a better incentive in the consumers to make a purchase. It is a demand creator.
3. Gives direct inducement to the consumers to take immediate action.
4. Flexible. It can be used at any stage of a new product introduction.
5. Sales promotion leads to low unit-cost, due to large-scale production and large-scale selling.
6. An effective supporter of sales. It helps the salesperson and makes their effort more
productive.
7. The promotional tools are the most effective to be used in increasing the sales volume.
Sales Promotion
Disadvantages of Sales Promotion
1. Sales Consumers may just wait for the incentives.
2. Sales promotion activities are having temporary and short life. The benefits are also short-
lived for three or four months. Then the demand will fall down.
3. They are non-recurring in their use.
4. Brand image is affected by too many sales promotion activities. Consumers are of the
opinion that due to the lack of popularity and overstocking of products of a company, these
sales promotional activities are conducted.
5. There is a feeling in the minds of the customers that sales promotional activity tools are
used to sell inadequate or second grade products.
6. Discounts or rebates are allowed by boosting the prices of the goods, with a view to sell at a
gain.
7. It is expensive and leads to a rise in the price of products.
Public Relation & Publicity
Types of Public Relations
Media relations
Community relations
Corporate and social responsibility
Public affairs
Crisis management
Employee relations
Public Relation & Publicity
Process of Public Relations
Research
“Who?” “What?” and “Why?”
Action and Planning
S.M.A.R.T. objectives to set goals for a program based on research and
analysis.
Specific (purpose) Measurable (outcomes) Attainable (objective)
Realistic (goal) Time (available and necessary)
Communication and Relationship Building
Evaluation
Public Relation & Publicity
Advantages of Public Relations
Influence
Reach
Cost-effectiveness
Disadvantages of Public Relations
No direct control
No guaranteed results
Evaluation
Public Relation & Publicity
Types of Publicity
1. News
2. Press Release
3. Product Release
4. Emergency
5. Conferences
6. Events
7. Offers
8. Social Media
Direct Marketing
Features of Direct Marketing
No middlemen
Customer oriented
Forms
Direct channel
Direct contact
Direct Marketing
Advantages of Direct Marketing
1. Focused approach
2. Multiple Uses
3. Cost-Effectiveness
4. Frequency
5. Immediate and flexible
6. Lead time
7. Relationship Building
8. Personalisation
9. Measuring effectiveness
10. Geographic Targeting
Direct Marketing
Disadvantages of Direct Marketing
1. Seem to be competing with existing intermediaries
2. Seen as intrusive by consumers
3. Costs
Personal Selling
Features of Personal Selling
1. Personal Form
2. Development of Relationship
3. Oral Conversation
4. Quick solution of Queries
5. Receipt of Additional Information
6. Real Sale
Personal Selling
Advantages of Personal Selling
1. Flexibility and adaptability
2. Minimum waste
3. Acts as a feed-back
4. Creates lasting impression
5. Pulls through logical sequence
Personal Selling
Disadvantages of Personal Selling
1. It is expensive
2. Difficulty of getting right kind of salesperson
3. Stake in consumer loyalty
4. More administrative problems
New Trends in IMC
AI Marketing
Thought Marketing
Storytelling
Virtual Reality
5G Streaming
Influencers
FOMO
Inclusion
IOT

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02 Elements of IMC.pptx

  • 3. Advertising Advantages of Advertising 1. Promotion of Sales 2. Expansion of Production 3. Enhances Goodwill 4. Large Turnover and Huge Profits 5. Information about Different Options and Comparative Prices 6. Creates Employment Opportunities 7. Higher Standard of Living
  • 4. Advertising Disadvantages of Advertising 1. Adds to the Cost of Production and Product 2. Leads to Price War 3. Deceptive Advertising 4. Leads to Unequal Competition 5. Creates a Monopolistic Market 6. Promotes Unnecessary Consumption 7. Decline in Moral Values
  • 5. Sales Promotion Different Types of Sales Promotion Consumer Promotion Free Samples, Coupons, Cash Refund Offers, Price Packs (Supersaver Packs), Gifts etc. Trade Promotion Price-Off, Allowances (Display Allowance), Free Goods, Gifts and Prizes etc. Sales-Force Promotion Trade shows and Conventions, Sales Contests
  • 6. Sales Promotion Advantages of Sales Promotion 1. Stimulates in the consumers an attitude towards the product and also loyalty. 2. Creates a better incentive in the consumers to make a purchase. It is a demand creator. 3. Gives direct inducement to the consumers to take immediate action. 4. Flexible. It can be used at any stage of a new product introduction. 5. Sales promotion leads to low unit-cost, due to large-scale production and large-scale selling. 6. An effective supporter of sales. It helps the salesperson and makes their effort more productive. 7. The promotional tools are the most effective to be used in increasing the sales volume.
  • 7. Sales Promotion Disadvantages of Sales Promotion 1. Sales Consumers may just wait for the incentives. 2. Sales promotion activities are having temporary and short life. The benefits are also short- lived for three or four months. Then the demand will fall down. 3. They are non-recurring in their use. 4. Brand image is affected by too many sales promotion activities. Consumers are of the opinion that due to the lack of popularity and overstocking of products of a company, these sales promotional activities are conducted. 5. There is a feeling in the minds of the customers that sales promotional activity tools are used to sell inadequate or second grade products. 6. Discounts or rebates are allowed by boosting the prices of the goods, with a view to sell at a gain. 7. It is expensive and leads to a rise in the price of products.
  • 8. Public Relation & Publicity Types of Public Relations Media relations Community relations Corporate and social responsibility Public affairs Crisis management Employee relations
  • 9. Public Relation & Publicity Process of Public Relations Research “Who?” “What?” and “Why?” Action and Planning S.M.A.R.T. objectives to set goals for a program based on research and analysis. Specific (purpose) Measurable (outcomes) Attainable (objective) Realistic (goal) Time (available and necessary) Communication and Relationship Building Evaluation
  • 10. Public Relation & Publicity Advantages of Public Relations Influence Reach Cost-effectiveness Disadvantages of Public Relations No direct control No guaranteed results Evaluation
  • 11. Public Relation & Publicity Types of Publicity 1. News 2. Press Release 3. Product Release 4. Emergency 5. Conferences 6. Events 7. Offers 8. Social Media
  • 12. Direct Marketing Features of Direct Marketing No middlemen Customer oriented Forms Direct channel Direct contact
  • 13. Direct Marketing Advantages of Direct Marketing 1. Focused approach 2. Multiple Uses 3. Cost-Effectiveness 4. Frequency 5. Immediate and flexible 6. Lead time 7. Relationship Building 8. Personalisation 9. Measuring effectiveness 10. Geographic Targeting
  • 14. Direct Marketing Disadvantages of Direct Marketing 1. Seem to be competing with existing intermediaries 2. Seen as intrusive by consumers 3. Costs
  • 15. Personal Selling Features of Personal Selling 1. Personal Form 2. Development of Relationship 3. Oral Conversation 4. Quick solution of Queries 5. Receipt of Additional Information 6. Real Sale
  • 16. Personal Selling Advantages of Personal Selling 1. Flexibility and adaptability 2. Minimum waste 3. Acts as a feed-back 4. Creates lasting impression 5. Pulls through logical sequence
  • 17. Personal Selling Disadvantages of Personal Selling 1. It is expensive 2. Difficulty of getting right kind of salesperson 3. Stake in consumer loyalty 4. More administrative problems
  • 18. New Trends in IMC AI Marketing Thought Marketing Storytelling Virtual Reality 5G Streaming Influencers FOMO Inclusion IOT