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Transcript
Understanding Integrated Marketing Communication: Theory and
Application
Adnan Murad
International Burch University
Bosnia And Herzegovina
[email protected]
Abstract: Integrated marketing communication (IMC) emerged as a concept in the late
twentieth century and its significance has been mounting ever since. Nowadays, companies
are necessitated by the intensity of competition to use integrated marketing communication
components in order to be effective. The primary purpose of this study is to understand the
modern dynamics of integrated marketing communication and craft a marketing
communication strategy for a small-sized beverage producing company Sokd.o.o. in Bosnia
and Herzegovina. The study focuses on defining what kind of communication activities the
company in the case requires in order to nurture its interaction with customers and increase
brand awareness. The application will be based on Schultz and Kitchen Model of integrated
marketing communication. The first part of research is primarily based on a qualitative study
of relevant marketing literature that delineates a comparison amid traditional and modern
marketing techniques. Subsequently, analyses of the company in case, product, segment and
marketing environment were carried out in order to augment the understanding of marketing
communication activities that could be used for Sokd.o.o. Customer feedback is also gathered
in order to illustrate the basic needs and requirements of consumers. The second part of the
research focuses on developing an integrated marketing communication plan based on
literature review, consumer feedback, interview with company personnel, and promotional
objectives. The findings of this study will help Sokd.o.o. to scrutinize current consumer needs,
potential consumer expectations, and present product position. This research will also
provide Sokd.o.o. with highly valuable tips and techniques to put into practice integrated
marketing communication campaign. On the whole, this research will open doors for future
research in the segment of integrated marketing communications in Bosnia and Herzegovina
with respect to small-sized firms.
Keywords:Integrated marketing communication, segment analysis, customer feedback,
consumer needs.
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