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Copyright © 2005 Pearson Education Inc. Integrated Marketing Communication Strategy •Chapter 15 •PowerPoint slides •Express version •Instructor name •Course name •School name •Date Principles of Marketing, Sixth Canadian Edition Learning Objectives 15.2 Copyright © 2005 Pearson Education Inc. • After studying this chapter, you should be able to: – Name and define the five tools of the marketing communications mix – Discuss the process and advantages of integrated marketing communications – Outline the steps in developing effective marketing communications – Explain the methods for setting the promotion budget and factors that affect the design of the promotion mix Principles of Marketing, Sixth Canadian Edition 15.3 The Marketing Communications Mix Copyright © 2005 Pearson Education Inc. • The marketing communications mix: the specific mix of promotional tools used to pursue marketing objectives – Advertising – Sales promotion – Public relations – Personal selling – Direct marketing Figure 15.1 • Integrated marketing communications: – Coordinating/integrating to deliver a clear, consistent, and compelling message on all communication channels Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. Integrated Marketing Communications • • • • 15.4 Mass marketing has become segmented marketing Improvements in information technology Media fragmentation Need for integration: – Consumers do not differentiate the source of the message – Conflicting messages confuse the customer – Integration produces a consistent message which leads to stronger brand identity Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. The Communication Process 15.5 • Viewing communications as managing the customer relationship over time • Communications flow in both directions Figure 15.2 Principles of Marketing, Sixth Canadian Edition Steps in Developing Effective Communications 15.6 Copyright © 2005 Pearson Education Inc. • Identifying the target audience • Determining the desired response: – Will depend on what “stage” of the purchase decision process the buyer is presently at • Buyer readiness stages: Figure 15.3 Principles of Marketing, Sixth Canadian Edition Designing a Message Copyright © 2005 Pearson Education Inc. • Message content: 15.7 • The AIDA model: – Rational appeals – Emotional appeals – Moral appeals • Attract attention • Hold interest • Message structure: – Draw conclusion or not – One versus two-sided argument – Strongest argument first or last • Arouse desire • Obtain action • Message format: – Sight, sound, colour, and texture Principles of Marketing, Sixth Canadian Edition Choosing Media 15.8 Copyright © 2005 Pearson Education Inc. • Personal communication channels: – Two or more people communicating directly with each other – Face to face, person to audience, telephone, electronically, or mail – Word of mouth influence – Buzz marketing • Non-personal communication channels: – Media that carry messages without personal contact – Major media, atmospheres, and events Principles of Marketing, Sixth Canadian Edition Selecting the Message Source 15.9 Copyright © 2005 Pearson Education Inc. • Message impact affected by how the audience views the communicator – Messages delivered by highly credible sources are more persuasive – Use of celebrities to endorse products helps to attract attention, and consumers transfer feelings to the product – Use of celebrities can be dangerous when events tarnish their reputation • Collecting feedback on marketing communications an important element in the process: – Measure awareness, attitude, and resulting behaviour Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. Setting the Promotional Budget Affordable method What management thinks the company can afford Percentage-of-sales method The budget as a percentage of forecasted sales Competitive-parity method Setting the budget to match competition spending Objective-and-task method 1. 2. 3. 4. 15.10 Defining specific objectives Determining tasks needed Estimating costs of tasks Adding total costs Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. Nature of Promotional Tools • • • • • 15.11 Advertising Sales promotion Public relations Personal selling Direct marketing Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. Push Versus Pull Promotional Strategies 15.12 • Refers to the direction of promotional effort • Exists as a range, yet most companies use a combination of both Figure 15.4 Principles of Marketing, Sixth Canadian Edition Checklist for Integrating the Promotion Mix 15.13 • Analyze trends that can affect your company’s ability to do Copyright © 2005 Pearson Education Inc. business • Audit the pockets of communications spending throughout the organization • Identify all contact points for the company and its brands • Team up in communications planning • Create compatible themes, tones, and quality across all communications media • Create performance measures that are shared by all communications elements • Appoint a director responsible for the company’s persuasive communications efforts Principles of Marketing, Sixth Canadian Edition Copyright © 2005 Pearson Education Inc. Socially Responsible Marketing Communications 15.14 • Many legal and ethical issues surround marketing communications • Advertising and sales promotion: – Avoid false and deceptive advertising – Bait-and-switch selling tactics – Programming reflects Canadian social values – The Competition Act • Personal selling: – – – – Fair competition Consistency with advertising messages Cooling-off periods Ethical behaviour Principles of Marketing, Sixth Canadian Edition In Conclusion… 15.15 Copyright © 2005 Pearson Education Inc. • The learning objectives for this chapter were: – Name and define the five tools of the marketing communications mix – Discuss the process and advantages of integrated marketing communications – Outline the steps in developing effective marketing communications – Explain the methods for setting the promotion budget and factors that affect the design of the promotion mix Principles of Marketing, Sixth Canadian Edition