Session 1



Prepared and Presented by Gaurav Misra
Why do we Need to Study IMC
                                             Brand
                                               B
 New companies are formed                             Brand
                                 Brand                   C
on daily basis.                    D
                                                             Brand
                                                               N
 Brands want to cut this    Brand         Brand A             Brand
Clutter.                       E
                                         Brand                   H
                                           F       Brand
                                                     G
 Ways to reach potential    Brand
                                          Brand              Brand
customers are increasing       I
                                            J                  K
continually.
                                                     Brand
                                     Brand             L
                                       M
Communication Process                              1. 8 mins of ads per ½ hr. of
                                                      TV or radio program.
                                                   2. Newspapers full of ads.
  Sender                  Noise                    3. Endless Billboards.
                                                   4. Websites and servers
                                          Noise
               Encoding                               loaded with ads.
                           Transmission                  Noise
                              Device
       Noise
                                             Decoding

           Feedback                  Noise                Receiver




   Communication can be defined as transmitting, receiving, and
   processing information.
Integrated Marketing Communications

Definition
Integrated Marketing Communications is the co-ordination and
integration of all marketing communications tools, avenues and
sources within a company into a seamless program that
maximizes the impact on consumers and other end users
at a minimal cost.
Component of Promotion


Product              Price             Promotion             Place




 Advertising       Sales Promotion                 Personal Selling




 Database       Direct       Sponsorship    Internet      Public
 Marketing     Marketing      Marketing    Marketing     Relations
Basis of Integrated Marketing Communication Plan

   Situation Analysis
     Analyzing internal and external environment of organiza
      tion.
   Marketing Objectives
     Higher sales, increase in market share, desired customer
      action
   Marketing Budget
   Marketing Strategies
     STP, Marketing Mix
   Marketing Tactics
     Day to day activities necessary to support marketing stra
      tegies
   Evaluation of Performance
IMC Components


                                                                  Integration Tools
                                         IMC for Small
                                        Businesses and    Evaluating
                                        Entrepreneurial   an IM
                           Internet
                                           Ventures       program
                           Marketing

                                                Personal          Public
                                                 Selling,      Relations and
                 Trade        Consumer          Database       Sponsorship
                                                                                     Promotional Tools
               Promotion      Promotion         Marketing,       Program
                                                and CRM

                       Advertising Design:      Advertising Design:
        Advertising        Theoretical          Message Strategies      Advertising Media         Advertising Tools
       Management       Frameworks, and           and Execution            Selection
                          Type appeal              Frameworks


      Corporate
      Image and                        Buyer Behavior
                                                                                   Promotion            Foundation
        Brand                                                                  Opportunity Analysis
     Management
Why IMC Plan so Important

   Development of Information Technology
   Changes in Channel Power
   Increase in Competition
   Maturing Markets
   Brand Parity
   Integration of Information by Consumers
   Decline in Effectiveness of Mass Media Advertising




                       Problem with TVC
GIMC

Approaches
 Standardization
 Adaptation


Golden Rule “Market Globally, but act locally”.
Assignment 1.
   Define Clutter. Name some of the forms of clutter in Marketing
    Communications.
   What is Channel Power? How has it changed in the past few dec
    ades.
   Ron Jon Surf Shop (www.ronjons.com) is the best known retail s
    tore brand for Ocean gear in Florida. In Hawaii the dominant n
    ame is Hilo Hattie (www.hilohattie.com) compare both websites
    and find out if both websites have common theme? Which is mo
    re attractive site? Why?



Due for submission on Monday 26th Nov, 2012
Putting on your Thinking Cap

Pick up an advertisement (TV commercial/print ad) and analyze it on follo
   wing factors.
 What are the key message(s) communicated in the advertisement?

 Was this ad effective in convincing you to use the product? Why?

 Did you learn from the ad? Did it provide factual information or evoke a
   n emotional response?
 What action does this ad tell readers to take?

 Would this ad be offensive or demeaning? If yes, why and to whom?

 What is the brand personality?

 Rate the ad on a scale of 1 to 10 in regards to overall composition of th
   e ad (1 poor to 10 terrific) Is the ad award worthy? Why?
Viewer Activities During TV Commercials

                                    Eating and
                                    Drinking
                  Others
                                       16%
                   35%
                                                     Bathroom Breaks
                                                           14%



                                                       Child Care
                                                           13%




      Pets Care
         5%
                  Relaxing
                                               Food & Drink Prep
                    6%
                                                     11%




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Asp session 1 copy

  • 1.
    Session 1 Prepared andPresented by Gaurav Misra
  • 2.
    Why do weNeed to Study IMC Brand B  New companies are formed Brand Brand C on daily basis. D Brand N  Brands want to cut this Brand Brand A Brand Clutter. E Brand H F Brand G  Ways to reach potential Brand Brand Brand customers are increasing I J K continually. Brand Brand L M
  • 3.
    Communication Process 1. 8 mins of ads per ½ hr. of TV or radio program. 2. Newspapers full of ads. Sender Noise 3. Endless Billboards. 4. Websites and servers Noise Encoding loaded with ads. Transmission Noise Device Noise Decoding Feedback Noise Receiver Communication can be defined as transmitting, receiving, and processing information.
  • 4.
    Integrated Marketing Communications Definition IntegratedMarketing Communications is the co-ordination and integration of all marketing communications tools, avenues and sources within a company into a seamless program that maximizes the impact on consumers and other end users at a minimal cost.
  • 5.
    Component of Promotion Product Price Promotion Place Advertising Sales Promotion Personal Selling Database Direct Sponsorship Internet Public Marketing Marketing Marketing Marketing Relations
  • 6.
    Basis of IntegratedMarketing Communication Plan  Situation Analysis  Analyzing internal and external environment of organiza tion.  Marketing Objectives  Higher sales, increase in market share, desired customer action  Marketing Budget  Marketing Strategies  STP, Marketing Mix  Marketing Tactics  Day to day activities necessary to support marketing stra tegies  Evaluation of Performance
  • 7.
    IMC Components Integration Tools IMC for Small Businesses and Evaluating Entrepreneurial an IM Internet Ventures program Marketing Personal Public Selling, Relations and Trade Consumer Database Sponsorship Promotional Tools Promotion Promotion Marketing, Program and CRM Advertising Design: Advertising Design: Advertising Theoretical Message Strategies Advertising Media Advertising Tools Management Frameworks, and and Execution Selection Type appeal Frameworks Corporate Image and Buyer Behavior Promotion Foundation Brand Opportunity Analysis Management
  • 8.
    Why IMC Planso Important  Development of Information Technology  Changes in Channel Power  Increase in Competition  Maturing Markets  Brand Parity  Integration of Information by Consumers  Decline in Effectiveness of Mass Media Advertising Problem with TVC
  • 9.
    GIMC Approaches  Standardization  Adaptation GoldenRule “Market Globally, but act locally”.
  • 10.
    Assignment 1.  Define Clutter. Name some of the forms of clutter in Marketing Communications.  What is Channel Power? How has it changed in the past few dec ades.  Ron Jon Surf Shop (www.ronjons.com) is the best known retail s tore brand for Ocean gear in Florida. In Hawaii the dominant n ame is Hilo Hattie (www.hilohattie.com) compare both websites and find out if both websites have common theme? Which is mo re attractive site? Why? Due for submission on Monday 26th Nov, 2012
  • 11.
    Putting on yourThinking Cap Pick up an advertisement (TV commercial/print ad) and analyze it on follo wing factors.  What are the key message(s) communicated in the advertisement?  Was this ad effective in convincing you to use the product? Why?  Did you learn from the ad? Did it provide factual information or evoke a n emotional response?  What action does this ad tell readers to take?  Would this ad be offensive or demeaning? If yes, why and to whom?  What is the brand personality?  Rate the ad on a scale of 1 to 10 in regards to overall composition of th e ad (1 poor to 10 terrific) Is the ad award worthy? Why?
  • 12.
    Viewer Activities DuringTV Commercials Eating and Drinking Others 16% 35% Bathroom Breaks 14% Child Care 13% Pets Care 5% Relaxing Food & Drink Prep 6% 11% Back