Marketing Communication...by shahid..elims tcr

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    Marketing

    Communication

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    What is MarketingCommunication ?

    its a unique tool used by marketersin an attempt to persuade

    consumers to act in a desiredmanner

    it bridges the gap betweenmarketers and the consumers andalso between the consumers andtheir socio -cultural environments

    Marketing communication support themarket plan and help the target

    audience understand and believe inthe advantage of the marketers offerover competitors

    Market communication has two flows

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    Marketing communication

    External Flow

    Target AudienceCustomers:

    Past Current

    Potential

    Channel members

    CompaniesCompeting and non competing

    Others:Govt Agenciespvt agencies

    Experts

    Internal flowTarget Audience

    Company Departments

    Employee s

    Stock holders

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    4 Components

    Communication

    Source

    Destination

    Medium

    Message

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    Barriers To

    Communication Selective attention, selectivedistortion, selective recall

    Barriers at the source Barriers in encoding Barriers in transmission

    Barriers in Decoding

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    Types Of communication

    system Inter Personal communication:Communication occurring at a personal levelbetween 2or more people

    Impersonal CommunicationCommunication directed to large and

    scattered audience Persuasive Communication# Specific type of communication in

    promotion#if a particular Ad is intended to achieve an

    intermediate objective as to build brandawareness/remind the customer , theultimate objective of promotional strategyis to persuade the audience towards thedesired goal of the marketer

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    Endorser

    Companies expect 3 types of benefits:2. Endorsers increase viewing of TV

    ads and readership of newspapers,magazines etc

    3. Endorses can influence positiveattitude change towards company

    and its brand because of theircredibility

    4. Endorsers perceived personalitycharacteristics can get associatedwith a brands imagery

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    Persuasion Matrix

    Receiver /comprehension Medium /message presentation

    Message/feeling Conviction Source/attention

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    Source Credibility

    It means the extent to which the audienceperceive the source as having relevant

    knowledge , expertise , or experience and

    believe that source will provide unbiasedand objective information about theproduct or service

    the element credibility has 2 importantcomponents

    * Expertise* Trustworthiness

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    Source attractiveness

    Attractiveness of a sourcesurrounded by :

    similarity : resemblance betweenthe source

    and the members of theaudience

    Familiarity: knowledge of thesource

    through exposure and

    likeability

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    Message

    It is the thought , idea , attitude ,image or other information that

    the advertisers wishes to coveytowards the targeted audience Message sidedness : one sided

    Vs two sided

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    Order of presentation the

    message Climax VS Anticlimax order Recency and Primacy effects