* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download INTEGRATED MARKETING COMMUNICATION
History of public relations wikipedia , lookup
Strategic management wikipedia , lookup
Public relations wikipedia , lookup
Food marketing wikipedia , lookup
Services marketing wikipedia , lookup
Marketing research wikipedia , lookup
Social marketing wikipedia , lookup
History of marketing wikipedia , lookup
Marketing plan wikipedia , lookup
Networks in marketing wikipedia , lookup
Marketing communications wikipedia , lookup
Direct marketing wikipedia , lookup
INTEGRATED MARKETING COMMUNICATION Course Instructor: DP Ghosh I NTRODUCTION The fourth P of marketing – Promotions – has metamorphosed in the past two decades to encompass a variety of consumer contact activities and communication techniques. It is now termed “Marketing Communications” and goes much beyond one-way communications such as advertising. In the hyper-competitive marketplace of today, Marketing Communications have a critical role to play in the success of brand marketing. Even the best of products cannot succeed in the marketplace without strategic and tactical support from marketing communication activities. New techniques for customer contact and involvement have evolved. New media are available. There is increasing emphasis on evaluating marketing communication activities on a regular basis to ensure financial accountability. It is no longer enough to advertise using mass media, with the occasional promotional offer to achieve quarterly sales targets. The focus is on ‘Consumer Connect’, with successful brands making best use of every consumer ‘Touch Point’ to involve the prospective buyer, to start a dialogue and take it further… AIM The course aims to prepare students to apply the techniques of marketing communications to launching, building and nurturing branded products. It will be useful for the taking forward the concept of brand management, to make a success of both manufactured goods and services. L EARNING O UTCOMES At the end of the course, students should be able to: Understand how marketing communications influence consumer buying behaviour Comprehend the different roles of the various forms and techniques of marketing communications in the context of brand marketing strategy Appreciate the strengths and weaknesses of various media channels Comprehend the role of research in marketing communications and how it can reduce the probability of wastage of resources while optimizing the benefits of the campaign Prepare communications strategy plan comprising the objectives of the campaign, positioning the brand, selection of communication techniques and media channels and preparing a “creative brief”. The course focuses on the strategic aspects of marketing communications, and will not deal in detail with creative aspects (such as development of copy or visuals and art). Textbook “Advertising & Promotion: An Integrated George Belch & Michael Belch (Tata McGraw Hill) Marketing Communications Perspective” by Suggested reference books 1 2 Brand Positioning 2nd edition – Subroto Sen Gupta (Tata McGraw Hill, 2005) Successful Sales Promotion – Pran Choudhury, Ricky Elliot & Alan Toop (Orient Longman) C ASES Cases for discussions and evaluation will be made available in due course. P EDAGOGY A combination of concept elaborations and case discussions will be used to enable participants to comprehend the issues that comprise marketing communications. It is expected that students come fully prepared to each session and participate actively, to enable enhanced learning for all students. C OURSE ASSIGNMENTS Students need to form groups for case presentations and group assignments. It is expected that all members of a group contribute to, and participate in, such assignments. Case studies Participants are expected to contribute to case discussions in class. Students will be informed in advance of the cases that would be part of the evaluation, which are likely to be group assignments. The groups would have to submit a soft copy of the analysis of the problem, identification of the marketing issues, (alternative) solutions and recommendations with reasons. This would have to be submitted prior to the case discussions in class. Group Project / Term Paper The projects would entail an analysis of the marketing communications strategy or programme of any organization, including identification and evaluation of the key marketing issues. It should be a critical evaluation of the communications programme, rather than a mere description. Some of the issues that might be studied are: At whom is this communication targeted? What is the brand concept… how is it being positioned in relation to customer needs and competitive offerings? What else could be done to improve the probability of success of the brand communications? Alternatively, Term Papers could be written on a topic of contemporary importance in the area of marketing communications. All topics for projects / term papers would need prior approval by the faculty. E VALUATION Group Project / Term paper Class tests / quizzes Case analysis End Term Examination Total C OURSE S CHEDULE 25% 20% 20% 35% 100% Session Topic 1 IMC: concept, communication mix, role at different stages of PLC 3 Overview of brands and, brand communications strategy & cases * 2 4 5 6 7 8 9 10 Marketing Communications Processes, Consumer Response models Overview of brands and, brand communications strategy & cases * Basis of strategic planning: USP, Brand Image and Brand Personality; Positioning Strategic planning: objective determination, models Overview of the creative process Advertising research and evaluation of campaign effectiveness Media channels & their characteristics Overview of media planning & evaluation (1) Textbook Chapters Readings 11 Overview of media planning & evaluation (2) 13 Sales Promotions and cases 12 14 15 16 17 18 19 20 Marketing communications communications budgets; B2B Marketing Public Relations Personal Marketing: Relationship Marketing and Direct Marketing Sponsored Events, Exhibitions & Trade Fairs, miscellaneous media Brand Identity, Packaging & Retail Media Digital, Social & Interactive Media Project Presentations Project Presentations * Sessions 3 and 4 to be taken by guest speaker from industry. The details of the topics are indicative… minor modifications may be incorporated prior to the start of the course in Term V.