Wednesday, February 20, 2019
Integrated Marketing Communications Essay
Definition Integrated Marketing intercourse Definition IMC is a concept of merchandising communications planning that recognizes the added harbor of a comprehensive plan that evaluates the strategic roles of a variety of communications disciplines for example, general advertising, direct response, sales promotion, and public relations and combines these disciplines to provide clarity, consistency, and maximal communications impact by The American Association of publicise Agencies (the 4As)The payoff of IMC The Market revolution forcing a movement towards IMC A shift of marketing dollars from media advertising to other forms of promotion, particularly consumer and trade oriented sales promotions A movement away from relying on advertising-focused approaches, which emphasize mass media such as television and national magazines, to solve communication problems A shift in marketplace power from the manufacturer to the retailer The rapid growth and victimization of database mark eting Demands for greater accountability from advertising agencies and changes in the way agencies are compensated The rapid growth of the Internet, which is changing the very nature of how companies do business and the ways they communicate and interact with consumers The Role of Marketing chat Marketing communication performs several functions for consumers Consumers are told how the product is used, by what miscellanea of person, and where and when Consumers learn about who makes the product and what the company and the brand stand for It allows companies to concern their brands to other people, places, events, brands, experiences, feelings, and things It also contributed to brand equity by establishing the brand in stock and crafting a brand discover Marketing communication contributes specifically to brand equity in the following ways By creating consciousness of the brand Linking the right associations to the brand image in the consumers memory Eliciting posit ive brand judgments or feelings Facilitating a stronger consumer-brand connectionMarketing confabulation Forms Marketing communication consists of 6 major modes of communication Advertising each paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor Sales Promotion A variety of short-run incentives to encourage trial or purchase of a product or a service Events and Experiences Company sponsored activities and programs knowing to create daily or special brandrelated interactions Public relations and publicity A variety of programs designed to promote or protect a companys image or its individual products Direct marketing Use of mail, teleph one and only(a), fax, e-mail, or net profit to communicate directly with or solicit response or communication from specific customers or prospects Personal selling Face-to-face interaction with one or more prospective purchasers for the purpose of making presentations, answering questions, and procuring orders Advertising Sales Promotion Events
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