Advertising and Promotion An Integrated Marketing Communications Perspective George E. Belch &...
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Transcript of Advertising and Promotion An Integrated Marketing Communications Perspective George E. Belch &...
Advertising and Promotion
An Integrated Marketing Communications Perspective
George E. Belch & Michael A. Belch
Both of San Diego State University
Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 1998
Chapter 1
An Introduction to Integrated Marketing Communications
© The McGraw-Hill Companies, Inc., 1998Irwin/McGraw-Hill
MARKETING• Marketing is the process of Marketing is the process of planningplanning and and executing executing
the conception, the conception, pricing, promotion, and distributionpricing, promotion, and distribution of of ideas, goods, and servicesideas, goods, and services to create exchanges to create exchanges that that satisfysatisfy individualindividual and and organizationalorganizational objectives. objectives.
• Concept of Concept of satisfactionsatisfaction and and exchangeexchange are at the are at the core of the marketingcore of the marketing
• Two key tasks of marketing manager :Two key tasks of marketing manager :– Determination of specific target marketsDetermination of specific target markets– Marketing management, i.e., manipulation of M-Mix variables to Marketing management, i.e., manipulation of M-Mix variables to
best satisfy the needs of individual target marketsbest satisfy the needs of individual target markets..• Relationship marketing :involves Relationship marketing :involves
creating ,maintaining ,and enhancing long-term creating ,maintaining ,and enhancing long-term relationship with customers &stakeholdersrelationship with customers &stakeholders
Integrated Marketing Communications (4As )
a concept of marketing communications planning that recognizes the added value of a comprehensive plan that evaluates the strategic roles of a variety of
communication disciplines - for example, general advertising, direct marketing, sales promotion, and public relations- and combines these disciplines to
provide clarity, consistency, and maximum communications impact.
Slide 1-1
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1998
Reasons for the growing importance of IMC
• Understanding the value of strategically integrating the various communications functions rather than having them autonomously.
• Adaptation by marketers to changing environment through coordinating their marketing communications efforts.
• New technologies and format create new ways of marketing communications.
• decline in audience size for traditional media.• The major reason of growing the importance of IMC is that
it plays a major role in the process of developing and sustaining brand identity and equity (Name ,logo , symbol .design ,packaging , & image.
The Promotional MixThe Promotional Mix
A dvertis ing Direc t mark eting S a les promotion P ublic ity/P R P ers ona l s e ll ing
Slide 1-2Figure 1-1
Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 1998
• Advertising: Any paid form of no personal communication about organization goods by identified sponsor
• Direct Marketing : Communicate directly with customers to generate transaction. (catalogs , direct mail, data base management , direct sale ,telemarketing ,direct mail)
• Sales Promotion: Marketing activities that provide extra value incentives to sales force ,distributors and ultimate customers.
• Publicity: Any not paid & identified of no personal communication about organization goods by identified sponsor it comes in form news
• Public relation: Management functions which evaluate public attitudes identified the policies and procedures of organization with the public interest.
• Personal selling: A form of person to person communication in which seller attempt to persuade buyers to purchase the company products or services.
Classifications of Advertising• Advertising to Consumer Markets
– National Advertising: Done by large companies in a country
– Retail/Local advertising – Primary Advertising: For general product– Selective Demand: Advertising for specific brand
• Advertising to Business Markets– Business to Business Advertising: Targeted individuals
who buy for organizations– Professional Advertising: Doctors ,lawyers – Trade advertising: Targeted wholesalers Slide 1-3
Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 1998
An Integrated Marketing Communications Planning Model
Develop integrated marketing communications program
Budget determination
Analys is of the communications process
Analys is of promotional program s ituation
Review of marketing plan
Slide 1-4Figure 1-4
Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 1998
An Integrated Marketing Communications Planning Model (cont.)
Media stra tegy
Messa ge stra tegy
Advertising ob jectives
Advertising
D irect m a rketing stra tegy
D irect m a rketing ob jectives
D irect m a rketing
M onito r, eva luate , and
c ontro l IM C program
Integrate and implement
IM C s tra tegy
Sa les prom otion stra tegy
Sa les prom otion ob jectives
Sa les prom otion
PR /public ity stra tegy
PR /public ity ob jectives
PR /public ity
Persona l selling stra tegy
Persona l selling ob jectives
Persona l Selling
Develop integrated mark eting c ommunic ations program
Slide 1-5Figure 1-4
Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 1998