INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20
INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty

Transcript of INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

Page 1: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

INTEGRATED MARKETING COMMUNICATIONS

Chapter Twenty

Page 2: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-2

Integrated Marketing Communications Integrated Marketing Communications is

the integrated areas of marketing, advertising, sales promotion, and public relations.

There is a need for communications cross training as a basic requirement to function as a practitioner.

Page 3: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-3

What’s the Difference between Integrated Marketing and Marketing?

From the customer’s perspective, there is none. Historically, consumers began to question products, accountability issues, and social concerns.

The effectiveness of advertising was questioned. Marketers changed in response, seeing the potential for adding public relations to the mix.

Page 4: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-4

Product Publicity

Product publicity reaches potential customers by using less traditional forms and ways to raise awareness of products.

Product publicity can help:Create an identity Introduce a new productEliminate distribution problems

Page 5: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-5

Product Publicity can help:

Small budgets and strong competition Explain a complicated product Generate new consumer excitement for an

old product Tie the product to a unique representative

Page 6: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-6

Page 7: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-7

Third Party Endorsement

Third Party Endorsement is the support given a product by a newspaper, magazine, or broadcaster who mentions the product as news. The value is that it appears more credible than advertising.

Page 8: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-8

Building a Brand

Building a brand is known today as branding. Branding is creating an identity or position for a company or product.

Using IMC techniques to establish a brand requires being:

early and aggressive, using traditions, and creating a personality

Page 9: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-9

Public Relations Integrated Marketing Activities Article reprints Trade show participation Spokespersons Cause-related marketing In-kind promotions

Page 10: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-10

Page 11: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-11

Spokesperson

Page 12: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-12

Public Relations Advertising

Marketing an image rather than a product became known as institutional advertising, image advertising, public service advertising, or issues advertising, and ultimately public relations (non-product) advertising.

Image ads show social responsibility. Issues ads advocate a position from the

sponsor’s viewpoint.

Page 13: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-13

Purposes of Public Relations Advertising work in several activities:

Mergers and diversificationsPersonnel changesOrganizational resources

Page 14: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-14

Purposes continued

Manufacturing and service capabilities Growth industry Financial strength and stability Company customers Organizational name change Trademark protection Corporate emergencies

Page 15: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-15

Promotional Tools

Infomercials

TV/Movie product placements

Page 16: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-16

Question

What recent shows or movies have you been to where you could identify product placements?

What were the products?

Page 17: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-17

Page 18: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-18

Positives of IMC Tactics

You can generate more buzz about the product using IMC

Knowledge in all of the areas makes for a better and stronger mix

Building lasting relationships is the goal

Page 19: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-19

Volvo Captures Branding and Public Interest

Volvo for Life Awards, a program that embodies Volvo values, quality, and the environment that is inspirational was held recently. Tactics started with a press conference unveiling people who characterize heroes. They launched a website (that was created, maintained, and validated heroes by the FBI) and conducted a national search. Nominations came from all over the U.S. They used celebrity heroes as judges, received coverage in 650 newspaper stories nationally and locally, on-going website traffic, national upcoming outlet coverage on the Oprah and Today Show.

“You have the recipe for getting local coverage while at the same time promoting the brand attributes of Volvo.” stated Fred Haberman, Haberman and Associates. PR Week

Page 20: INTEGRATED MARKETING COMMUNICATIONS Chapter Twenty.

20-20

Exercise

Your firm is charged with opening a new city zoo in the Midwest, featuring prairie animals, for the opening. Keep in mind you are doing this in the wake of the monkey pox outbreak (due to diseased prairie dogs passing it to humans). Research shows you could expect 50% of your visitors from the city, 10% out-of-town tourists, and 40% children from local school groups. How would you use an integrated marketing approach? How would you handle branding? What media outlets would you grant exclusives to?