Strategic Communications and Marketing: …...+ Integrated Marketing Communications n Need to...
Transcript of Strategic Communications and Marketing: …...+ Integrated Marketing Communications n Need to...
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Strategic Communications and Marketing: Understanding Institutions and Roles
Dhavan Shah Maier-Bascom Professor
+ The Era of Choice
n Dominant factor affecting strategic communicators: Choice n More consumer options n More media options
n Different forces drive this trend n Changes in Demographics and Lifestyles n Technological Development
+ Big Changes
n Changes in Household Composition
n Growth of Ethnic Populations
n “Graying” of America
n Shifts in Women in the Workforce
n Polarization into Rich and Poor
Changing Household Composition
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+ Aging of the Baby Boomers
+ Income Polarization n Wealth among a few is increasing
n Middle class shrinking and many remain poor n Wealth concentrated among top 10%
+ The Take Away
n Americans are… n More Diverse n In Their Family Structure n Ethnically and Racially n In terms of Income and Age n With more Working Women
n There is no “mass market” anymore n Makes strategic communication more complex and challenging
+ Options for Demassified Audience
n More options are giving Viewers/listeners more control over what/when/where they watch/listen to n Podcasts n DVR n VOD n Laptops n Smartphones
+ Driven by Broadband Internet
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+ And so…
n Choice Creates Challenges
n Diminished Effectiveness n Hard to Find Consumers n Hard to Get Noticed n Hard to Hold Attention n Hard to Encourage Response
+ Response…
n Strategic communicators need to become less reliant on traditional marketing tactics and pursue a new generation of tools/techniques
n Traditional marketing is not going away n Must be complemented by emerging
strategic communication techniques
+ Integrated Marketing Communications
n Need to coordinate strategic communications approaches n Advertising, Public Relations, Promotions, Direct Response, Interactive, and more
n Mutual reinforcement of core themes n Creates synergy and memorability
+ Segmentation and Targeting
n Need to define multiple audiences
n Defined by usage, lifestyle, behavior
n Speak to targets based on their individual needs and wants
+ Positioning and Branding
n Strategies must Build visibility, trust, and loyalty through the creation and reinforcement of a clear identity
n Differentiates your brand from competitors with messages that are relevant, original and impactful = ROI
+ Relationship Marketing
n Develop a long-term interactive communication process between a defined segment and the brand
n Use a full array of communication messages and channels to build ties
n Digital, social, and mobile media are key to building relationships
+ Big Data for Digital
n Technology allows narrowcasting and micro-marketing to individuals
n Grounded in synthesis of purchasing and media consumption behaviors n Detailed data on individual consumers
n All the opportunities of the Internet n Google, Amazon, Yahoo!
+ Pull Together into a Communication Plan
n Right strategy
n Right messages
n Right audiences
n Right media outlets
n Right events
n Right promotions
+ Stages of Planning
n Situation Analysis - Understand market, competition, brand, and consumers to define problems & opportunities
n Campaign Strategy - Utilize research to determine target, desired position, and branding strategies
n Creative Plan - Build message elements off of the creative brief that distills core messaging elements
n Media Plan - Select media apertures, channels, and vehicles to secure optimal message placement
n Public Relations and Promotions Plan - Manage stakeholder opinions, media relations, and value-added