Coca-cola marketing communication
description
Transcript of Coca-cola marketing communication
Integrated Marketing Communication
For: Miss Kanchini
1 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
Acknowledgment
This course work is done to critically discus the integrated marketing communication model in
association to the Coca-Cola company this will involve in highlight the definition the pros and
cons and how Coca-Cola practice the model the report will include 5 parts ,Introduction of the
coursework, Literature review on relevant subjects, Critical evaluation of the subject with
arguments and examples, relevant models and/or diagrams will be included , Conclusion and
recommendation will be part of the report the IMC is one of the most common and widely use
model in present time because before most marketers did not use any additional promotional
marketing communicational tools.
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
2 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
Table of ContentsAcknowledgment.........................................................................................................................................1
Chapter 1.....................................................................................................................................................3
Introduction.................................................................................................................................................3
Chapter 2.....................................................................................................................................................4
Literature Review....................................................................................................................................4
Chapter 3.....................................................................................................................................................5
Criticality evaluation of IMC with arguments and examples...................................................................5
Characteristics of IMC..................................................................................................................................5
The objectives of IMC..................................................................................................................................6
Advantages and disadvantages...................................................................................................................6
Chapter 4.....................................................................................................................................................7
Conclusions..................................................................................................................................................9
Bibliography...............................................................................................................................................10
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
3 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
Chapter 1
Introduction
The concept of the integrated marking system that which is consisting of very different
marketing tool ,involving of coordinating the various promotional elements and other marketing
activities that communicate with firm’s customers .it also used for planning that recognize the
added values of a comprehensive plan that evaluates the strategic roles of a variety of
communication disciplines (The American Ass. Of Advertising Agencies (1989)) some writers
defined it as the use of multiple communications
But so far the most correct or reasonable definition is that IMC in a IMC is a strategic business
process used to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand
communication programs over time with consumers, customers, prospects, and other targeted,
relevant external and internal audiences.” Don Schultz and Heidi Schultz (1998)
the IMC can be a planning and execution of all types of advertising –like and promotions like
messages selected for a brand service or company in order to meet a common set communication
objectives or more particularly to support a single ‘positioning ‘marketers believe that the key to
IMC is planning and the ability is to deliver a consistent message (Percy, 2008)
The IMC is a communication tools that all work together and is said to work better if put
together providing the speak with one voice at all times, the IMC consist of various levels of
communications such as Horizontal, Vertical, internal ,external, and data (Schultz & Lauterborn,
2007)
As all concept or processes have their benefits so is IMC the report will be looking at the benefits
as well as barriers to IMC and in connection to Coca-Cola Company,
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
4 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
Chapter 2
Literature Review
The literature review begins with a brief introduction of the model involved and the company
involved in the early years during the 1980s (George E.Belch, 2007) many companies in that
decade was characterized by the rapid development of areas such as sales promotion ,direct
marketing and public relations which began challenging advertising’s role as the dominant form
of marketing communications in those times marketers did use additional promotional and
marketing communicational tools but sales promotion and direct-marketing agencies as well as
package design firms were generally viewed as secondary services and often used on a pre-
project basis. (George E.Belch, 2007)
A brief history of the Coca-Cola Company
The great industry leader Coca-Cola was invented in 1886 by John Pemberton, like all great
inventions it was also made by accident the creator was in his lab at Atlanta, Georgia, Pemberton
was actually try to find and make a remedy for a headache, but the moment he added the extra
incident to his mixture his special syrup with carbonated water, and some loyal customers tried
the result, coca cola was born he realized that he had the makings of a popular soda fountain
beverage. And the cool name and famous red and while logo was brought to life by his book
keeper, that has become Coca Cola's signature logo. (Abbette, 2012)
like every great product Coca-Cola was faced with some enemies but being probably the
world's most recognized product (and certainly its most popular soft drink) it did not matter what
anyone said about Coca-Cola its origin, has spawned a wide variety of popular fantasy tale
about its effects, and the ingredients used in Coke's famous "secret formula:" Most of these
stories , such as the ones about Coca Cola dissolving teeth myth , it’s said to have contraceptive
powers, or the assertion that 1985s New Coke debacle was a Machiavellian gambit to divert
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
5 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
attention from a change from the original formula, are baseless. But the most frequently heard
story, that Coca-Cola originally contained cocaine, but till today it’s still remain as a confirmed
myth (Abbette, 2012)
Chapter 3
Criticality evaluation of IMC with arguments and examples.
Characteristics of IMC
The IMC has been adopted by both small and medium size companies and has become more
famous among firms and marketing consumer products and service as well as business –
business market there are number of reasons which this paper will discuss on the reasons why
marketers are adopting the IMC approach the most important reason is that they understand the
value of strategically integrating the various communication functions rather than having them
operate automatically (Percy, 2008)
The role of advertising and promotions in IMC
As noted earlier the main reasons traditional advertising agencies originally took the lead in
managing IMC was because that was where most of the marketing communication money was to
be found but now things have change (Percy, 2008)
As earlier said IMC is planning concept so the easy answer to the question of what is exactly the
role of advertising in IMC? The answer is that the traditional advertising fits there is the most
effective communication with the target audience (Percy, 2008)
Another question still unanswered is what is advertising? it is basically a direct feedback or a
talk back i.e. television commercials include direct response 800 number or to ask consumer to
look for coupon in the newspaper and actually show the coupon .so the million dollar question
here, is this advertising or promotion in the past advertising has been traditionally delivered via
measured media television,radio,newspaper,magazines,outdoor. (Percy, 2008)
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
6 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
The objectives of IMC
The IMC objectives are statements or what various aspect of IMC program will accomplish.
They should be based on the particular communications tasks required to deliver the appropriate
messages to the target audience
Managers must be able to translate general marketing goals into communications goals and
specific promotional objectives
The market segments the firm wants to target and the target audience
The product and its main features, advantages ,uses, and application
The company’s and competitors brands (sales and market share in various
segments ,positioning, competitive strategies, promotional expenditures creative and
media strategies and tactics)
Ideas on how the brand should be positioned and specific behavioral responses being
sought
(Blech & Michael, 2007)
Advantages and disadvantages Advantages Disadvantages
they argue that maintaining control of the entire
promotional process achieves greater synergy
among each of communications program elements
Opponents say the providers become involved in
political wrangling over budgets
They also note that it is more convenient for the
client to coordinate all of its marketing efforts
Agency involved in IMC do not communicate with
each other as well and as often as they should
An agency with integrated marketing capabilities They do not achieve synergy
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
7 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
can create a single image for the product or
service and address everyone.
They IMC claim that agencies efforts to control all
aspect of the promotional program are nothing
more than an attempt to hold on to business that
might otherwise be lost to independent providers
(Blech & Michael, 2007)
Chapter 4IMC model
The seven levels of IMC
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
review marketing plan
Analysis of promotional program situation
Analysis of communication process
Budget determinations
Develop intergrated marketing communication program
Advertising direct marketing
iterative internet
marketing
sales promotions PB/publicity personal
selling
Promotional mix
8 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
(George E.Belch, 2007)
Coca-Cola is using all elements of promotion,
1. Advertisement- Coca-Cola still prefer to put up in the traditional media such as TV,
newspapers, bus stops, billboards magazines, and trains. The company is also using the new
methods such as websites and blogs to supply more information about the company and its
products. (tempate, 2011)
2. Public relation- Coca-Cola company has its own personal website were customers and
consumers can check out press releases, executive speeches, and statements which addresses
law-suits, rumors, stories, and etc.
Coca-Cola supports World Wildlife Fund, with a Coca-Cola campaign for the Polar Bear’s
home, the company ties in the branded image of “Coke Polar Bear” with the concern for the
environment. The company started to manufacture more than 1.4 billion white coke cans, the
company will also committed to raise 3 million for the fund between November 1- March 15,
2012. The company will donate 2 million and will raise 1 million from public donation, by
texting the package code to 357357 and $1 will donate to the fund. (tempate, 2011)
3. Sales promotion- Coca-Cola has a website called “My Coke Reward", you can find tons of
coupons, rewards, gifts, free vacations, and so much more
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
intergrate and implement marketing communications strategies
monitor ,evaluate and control intergrated marketing communications program
9 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
4. Personal selling- Cola-Cola has highly trained sales team; the company primary used personal
selling for business to business sales. The company sells its products to retail stores using
intermediaries; it can also be called Interpersonal communication, direct- face to face
communication. Coca- Cola also sells its products to restaurants, part of the restaurants sell only
Coca-Cola Coke. (tempate, 2011)
Conclusions To conclude on this case study it shows that as the marketers become more sophisticated and
developed a better understanding of IMC they are recognizing that it involves more than just
coordinating the various elements of their marketing and communications
And the IMC has its advantages even though their some disadvantages that may be routed to
different agencies ,And the company involved such as Coca-Cola uses a variety of promotional
mix such as advertisement, public relations, personal selling and sale promotions.
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1
10 | P a g e S E G i U N I V E R S I T Y I N T E R G R A T E D M A A R K E T I N G
Bibliography.Shimp, T. A. (2010). Advertising ,promotion,and other Aspect of IMC . Canda: Nelson Education .
Blech, G. E., & Michael, B. A. (2007). Advertising And promotion . San Diego State University : McGraw-Hill companies .
Koekemoer, L. (2004). marketing communications . south africa : Juta and Co.Ltd.
learning, M. (2009). multimedia marketing . Retrieved november 1, 2012, from MMc website: http://www.multimediamarketing.com/mkc/marketingcommunications/
Percy, L. (2008). Strtegic intergrated markeing communications . In L. Percy, Strtegic intergrated markeing communications (pp. 11-12). burlignton USA: ELsevier Inc.
Schultz, S. a. (1998). Defination of IMC. Intergrated marketing Communications .
Schultz, T., & Lauterborn. (2007). markeitng intergation. In E. s. Bonnye , S. S. Marilyn, & S. Aurence, Integrated Business Communication In Global Market place (p. 154). Chichester: John Wiley & sons.
tempate, E. (2011, november 6). Intergrated Marketing Communication. Newyork.
B Y K a b i r u A h m e n d S h a h i r S C M 0 1 3 6 2 1