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14 Promotion: Integrated Marketing Communication Promotion Mix ADVERTISING DIRECT MARKETING SALES PROMOTION PERSONAL SELLING PUBLIC RELATIONS Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall The promotion mix The promotion mix is the specific blend of advertising, public relations, personal selling, and direct-marketing tools that the company uses to persuasively communicate customer value and build customer relationships. Advertising Paid non-personal presentation and promotion of ideas, goods, or services by an identified sponsor Sales Promotion Short-term incentives used to encourage the purchase of a product or service Sales promotion: programs such as contests المسابقات, coupons, or other incentives used to build interest in or encourage purchase of a product Public Relations Building good relations with the company’s publics through favorable publicity, a good corporate image, and effective handling of unfavorable news Public Relations: press releases, sponsorships, damage control احتواء االضرار Personal Selling It is a Personal presentation by the sales force used to enhance sales and customer relationships. It is flexible but high cost per contact Direct Marketing Gain an immediate response and lasting relationship with targeted consumers. Direct Marketing Tools (to reach carefully targeted customers): 1) Use of direct mail. 2) Telephone. 3) Direct-response television. 4) E-mail 5) The Internet. Communications landscape Several major factors are changing the face of today’s marketing communications: 1) Consumers are changing: They are better informed and more communications empowered. 2) Marketing changing: strategies are Marketing strategies are changing: Marketers are shifting away from mass marketing and are developing focused marketing programs designed to build closer relationships with customers in more narrowly defined micromarkets. Sweeping changes تغييرات كاسحة in communications technology are also causing remarkable changes in the ways in which companies and customers communicate with each other. Although television, magazines, and other mass media remain very important, their dominance is declining. Advertisers are now adding a broad selection of morespecialized and highly targeted media to reach smaller customer segments. The Need for Integrated Marketing Communications Need for IMC SELLING ADVERTISING Consistent, clear, compelling messages رسائل متسقة وواضحة ومقنعة PUBLIC RELATIONS SALES PROMOTION DIRECT MARKETING Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall The Need for Integrated Marketing Communications 1. In the consumer’s mind, advertising messages from different media and different promotional approaches all become part of a single message about the company. Conflicting messages from these different sources can result in confused company images and brand positions. 2. Companies fail to integrate their various communications channels because communications often come from different company sources. Today, more companies are adopting the concept of integrated marketing communications (IMC). 3.Under this concept the company carefully integrates and coordinates its many communications channels to deliver a clear, consistent, and compelling message about the organization and its brands. 4.IMC builds brand identity and strong customer relationships by tying together all of the company’s messages and images. Brand messages and positioning are coordinated across all communication activities and media. Communications process NOISE Media Message DECODE Source ENCODE Receiver Components (Factors) of Communication Process: 1. Sender is the party sending the message to another party. 2. Encoding is the process of putting thought into symbolic form. 3. Message is the set of symbols the sender transmits. 4. Receiver is the party receiving the message sent by another party. 5. Media is the communications channels through which the message moves from sender to receiver. 6. Decoding is the process by which the receiver assigns meaning to the symbols. 7. Feedback is the part of the receiver’s response communicated back to the sender. 8. Noise is the unplanned static or distortion during the communication process, which results in the receiver’s getting a different message than the one the sender sent. The Five steps of Developing Effective Communication Identify target audience Set communications objectives Design the message Choose the media Select message source