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Creative Advertising Strategy

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Overview of Integrated Marketing Communications. Chapter One. 2 ... Marketing Communication Practices. Reduced dependence on mass media advertising. ... – PowerPoint PPT presentation

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Title: Creative Advertising Strategy


1
Chapter One
Overview of Integrated Marketing Communications
? 2007 Thomson South-Western
2
Chapter One Objectives
  • To introduce the topic of marketing
    communications (marcom) and identify the tools
    used by practitioners.
  • To describe the philosophy and practice of
    integrated marketing communications (IMC).
  • To present the five key features of IMC.
  • To identify obstacles to implementing IMC.

3
Chapter One Objectives
  • To introduce a framework that illustrates the
    activities involved in developing an integrated
    communications program.
  • To distinguish some of the important trade
    associations in the marcom Field.

4
Elements of Marketing Communications
5
Marketing Communications at the Brand Level
A well-known and respected brand is an invaluable
asset
This is the key means for differentiating one
companys offering from anothers
A successful brand can create barriers to entry
for competitors
Brand
6
Integrated Marketing Communications (IMC)
  • The philosophy and practice of carefully
    coordinating a brands sundry marketing
    communication elements.

7
The Meaning of Synergy
  • The payoff from IMC is that brand managers
    achieve
  • The integration of multiple communication tools
    and media yield more positive communication
    results than the tools used individually

Synergy
8
Five Key Features of IMC
  • 1. Start with the customer or prospect.
  • 2. Use any form of relevant contact.
  • 3. Achieve synergy (speak with a single voice).
  • 4. Build relationships.
  • 5. Affect behavior.

9
Changes in Marketing Communication Practices
  • Reduced dependence on mass media advertising.
  • Increased reliance on highly targeted
    communication methods.
  • Heightened demands on suppliers.
  • Increased efforts to assess communications
    return on investment.

10
Obstacles to Implementing IMC
  • Few providers have the skills required to
    execute.
  • Mass media campaigns easier than
    Direct-to-Customer.
  • The real challenge is to make sure that tools are
    consistently executed.

11
Making Brand-Level Marcom Decisions
12
Making Fundamental Marcom Decisions
13
A Concluding Mantra All Marketing Communications
Should Be
Directed To A Particular Target Market
Clearly Positioned
Created To Achieve a Specific Objective
Undertaken To Accomplish The Objective Within
Budget Constraint
14
Marcom Implementation Decisions
  • Mixing elements
  • Creating messages
  • Selecting media
  • Establishing momentum

15
MarCom Outcomes
Outcomes
Enhancing Brand Equity
Affecting Behavior
16
Program Evaluation
  • Program Evaluation
  • Measuring Results
  • Providing Feedback
  • Taking Corrective
  • Action
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