Title: Integrated Marketing Communications
1MARKETING STRATEGYO.C. FERRELL MICHAEL D.
HARTLINE
10
Integrated Marketing Communications
2Integrated Marketing Communication
- Integrated Marketing Communication (IMC)
- the strategic, coordinated use of promotional
elements to ensure maximum persuasive impact on
the firms current and potential customers. - Reasons that IMC is important
- Fosters long-term relationships
- Reduces or eliminates promotional redundancies
- Technology allows better targeting of customers
3Promotional Elements Used in IMC
Exhibit 10.1
4Strategic Issues in IntegratedMarketing
Communications
- IMC must have clear promotional goals and
objectives - The AIDA Model
- Attention
- Interest
- Desire
- Action
- Promotional goals with respect to the supply
chain - Push or pull strategy?
5Promotion Strategy Overthe Product Life Cycle
Exhibit 10.2
6Advertising
- Types of Advertising
- Institutional advertising
- Advocacy advertising
- Product advertising
- Determining the Advertising Budget
- Objectives and task approach
- Percentage of sales approach
- Competitive matching approach
- Arbitrary approach
7Evaluating Advertising Effectiveness
- Methods
- Evaluating the achievement of advertising
objectives - Assessing the effectiveness of advertising copy,
illustrations, and layouts - Evaluating the effectiveness of various media
- Timing of Evaluation
- Pretest
- During campaign
- Posttest
8Public Relations
- Public Relations Methods
- Negative Public Relations
News (or press) releases Investor relations
- Feature articles - Employee relations
White papers - Event sponsorship
Press conferences - Product placement
Lobbying
9Personal Selling andSales Management
- The Sales Management Process
- Developing Sales Force Objectives
- Determining Sales Force Size
- Recruiting Salespeople
- Training the Sales Force
- Controlling and Evaluating the Sales Force
- The Impact of Technology on Personal Selling
10Comparison of Sales ForceCompensation Methods
Exhibit 10.8
11Sales Promotion in Consumer Markets
- Types of Sales Promotion to Consumers
- Coupons
- Rebates
- Samples
- Loyalty programs
- Point-of-purchase promotion
- Premiums
- Contests and sweepstakes
12Sales Promotion in Business Markets
- Sales Promotion Methods Unique to Business
Markets - Trade allowances
- Free merchandise
- Training assistance
- Cooperative advertising
- Selling incentives