Presentation on IMC Article [Elegant (VI)]
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We are
“Elegant (VI)”
Group Profile
Name Roll Designation
Anjuman Ara 215 Member
Md. Abdur Rakib 375 Member
Chowdhury Omor Faruque 377 Leader
Md. Al Amin 419 Member
Rumana 427 Member
Md. Moben Ahmed 526 Member
Chowdhury
Omor FaruqueID No: 377
“Integrated Marketing Communications
in U.S. Advertising Agencies:
An Exploratory Study”
of the Article
Summary
Objective of the Study
3Related
Objectives
1. Deepen
understanding of how
& in what areas IMC is
developing in U.S.
2. Examine extent to
which major U.S.
advertising agency
executives are
developing, practicing,
or utilizing IMC for
clients3. Understand
importance & value of
traditional advertising
agencies where IMC is
becoming more
important
Preview of the Finding
This paper reviews the development of the concept ofIMC in terms of its theoretical foundations through anexploratory study of IMC within a judgment sample ofU.S. advertising agencies (total estimated billings-$20.4billion). It considers the arguments advanced from bothacademic & practitioner sides in relation to what IMC is& whether it offers significant value to advertisingagencies & their clients in the rapidly changingcommunications market space leading toward the nextmillennium.
Major Area of Findings
1. Who responded?
2. Amount of time devoted to client IMC programs
3. How agencies are compensated for IMC
4. IMC impact on budgets
5. Are there barriers to IMC implementation?
6. Reactions of IMC Definition
7. Perceived Barriers to IMC Programs
8. IMC & Measurement.
9. Internal Beliefs and Considerations about IMC
10. Perceived Interaction among Different Communication
Agencies
11. IMC measurement Issues
12. Marketing Communication Criteria
Md. Moben
AhmedID No: 526
Amount of Time
Devoted to IMC Agency
Agency
Size
Amount of Time
Devoted
Total
Number
% of That Agency
Size
Small Under 10%
10% - 49%
50% - over 75%
8
20
41
11.59
28.99
59.42
Total 69 100.00
Medium Under 10%
10% - 49%
50% - over 75%
1
12
11
4.17
50.00
45.83
Total 24 100.00
Large Under 10%
10% - 49%
50% - over 75%
4
14
10
14.29
50.00
35.72
Total 28 100.00
Client Budget Changes
in 1996
Client Budget
Will
No. for All Clients
% of Total Agencies
No. for the Integrated
Clients
% of Total Agencies
Increase 92 73.0 84 66.6
Remain the same
25 19.8 32 25.4
Decrease 4 3.1 5 4.0
Compensation System
Mode of
Compensation
Number of Agencies
Full Commission 47
Reduced Commission 32
Fee 82
Project Basis 51
Mix of Commission & Fee 77
Md. Abdur
RakibID No: 375
What is IMC?
Database
Mkt.
E-Active
Mkt.
Sponsorship
Alternative
Mkt.
Advertising
Sales
Promotion
Personal
Selling
PR
Direct
Response
Mkt.
Clarity + Consistency
+ Maximum Communication Impact
Today’s Popular Media
Barriers to IMC Implementation
IMC programs at one agency help bring client SBUs together Require client staff to be more generalist IMC means client staff have to develop new . Skills Clients decide the “what” & “how” of IMC programs Client centralization difficulties Client staffs lack expertise Goes against client’s corporate culture Over dependence on single supplier implies additional staff to manage programsmodification difficulties Increased cost Integrated agencies do not have talents in all areas Organizational structures constrain IMC development.
Md.
Al AminID No: 419
Success Issue of IMC
A successful IMC program is developed by the combination ofthe internal & external belief of the organization. IMC Company& the client have to work with hand in hand to solve issue. An
IMC plan success depends on the several issues like
Control of the IMC Company
Budgeting of the clients
Solution pattern &
Effective measurement strategy of the organization
One of the challenges to further adoption if IMC will be degree
to which various groups across organizations grasp the concept& implement the process of IMC.
Can One Agency Do IMC?
IMC organization expects that clients work with onlythem with a single issue. A research also shows thatclients also do not work with the several affiliatedcompany. Clients may be expecting more involvementin several issues sometimes cause some problem to theorganization and the clients. Agency would not expectto do the clients sales and marketing activities or thepublic promotion activities. They are expecting theseissues always put on the shoulders of the marketers.
Anjuman
AraID No: 215
IMC & Measurement
Clients & agencies do notperceive IMC as avoidingthe issue of measurement.
No strong agreement oneffective measurement
No clear answer abouthow to measure IMCprogram
Suggestions for Measurement
Each
element
needs to be
measured
individually
The total
program
should be
evaluated
against its
objectives &
goals
The
objective
should be
measurable
Results
should be
measured
Is IMC a Fad?
IMC does not appear to be afad.
It is being driven into clientorganizations due to realbusiness needs.
Now agency executivesacknowledge that some ofthe traditional rules ofcommunication & marketingare changing there issubstantial change incommunication objectives &attitudes.
Rumana
ID No: 427
Discussion
We have attempted to develop & provide baseline of how
IMC is developed & agency leader believe IMC is an
important concept & approaches. IMC program should
be evaluated & integration & IMC are good ideas.
Agency executive agreed that integration must come
from the client. It does appear that IMC has moved from
“What is it?” to “Howcan we do it?”.
Stage of development in the U.S.A compensation &
measurement issues are important. The issue of how
agency can become skilled & capable of in all areas of
communication. Agency executive either had no strong
feelings of how to respond to the challenges which IMC
represents.
Directions for Future Research
Compensation, measurement & IMC development interms of execution & implementation of integratedprogram appear to be the key areas for future research.Measurement issues particularly important IMC approachis better than the traditional approach agencies havebeen using. Measurement would appear to be a keyelement for future research.The second major area for additional research is that ofhow well clients & agencies should work together todevelop & implement an IMC program. One of the majorissues for the academic community if IMC is to develop atheory base is to develop a more acceptable or relevantdefinition.
Thank youfor
being with us