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Integrated   Marketing


     Communication

               Presented by:
               Nitya Jain
               Pankaj
               Piyush
               Piyush Soi
               Poonam Chakraborty
               Poonam Mishra
What is IMC?

Integrated marketing communication (IMC) is an approach
to brand communications where the different modes work
together to create a seamless experience for the customer
and are presented with a similar tone and style that
reinforces the brand’s core message. Its goal is to make all
aspects of marketing communication such as advertising,
sales promotion, public relations direct marketing, online
communications and social media work together as a
unified force, rather than permitting each to work in
isolation, which maximizes their cost effectiveness.
NEED For IMC
 Modern Marketing calls for more than developing a
  good product, Pricing it attractively, and making it
  accessible.
 Companies must also communicate with present and
  [potential stakeholders and the general public.
 For most, therefore, the question is not whether to
  communicate but rather what to say, how and when to
  say it, to whom and how often.
 Communication gets harder and harder as more and
  more companies clamor to grab an increasingly
  empowered consumer’s divided attention.
Need contd….
 Consumer’s themselves are taking a more active role in
  the communication process and deciding what
  communication they want to receive and how they
  want to communicate to others about the products
  and services they use.
 Marketing communication mix is the heart of the
  marketing strategy if the organization wants to create
  valuable customers.
 Improves the company’s ability to reach to the right
  consumer at right place and on right time.
MARKETING COMMUNICATION MIX
It consists of eight major modes of communication:




                                Advertising

             Personal                           Sales
             selling                            promotion



                             Communication
                                                            Events and
                                 mix                        experiences
 Word of
 mouth
 marketing


                                                      Public relations
               Interactive
                                                      and publicity
               marketing          Direct
                                  Marketing
•The communication process models
There are two communication models:
Macro model
Micro model

A)Macro model
B) Micro model:

Stages      AIDA        Hierarchy-of-effect   Innovation   Communication
            model       model                 -Adoption    model
                                              model
Cognitive   Attention   Awareness             Awareness    Exposure
Stage
                                                           Reception
                        Knowledge
                                                           Cognitive
                                                           response
Affective   Interest    Liking                Interest
stage                                                      Attitude

            Desire      Prefrences            Evaluation
                                                           Intention
                        Conviction
Behaviour                                     Trial
Stage     Action
                        Purchase                           Behavior
                                              Adoption
Developing      Effective

     communication:
Stages in developing effective
 communication:
   Identify                               Design
                          Determine
    target                             communicatio
                          Objectives
  audience                                  n




   Manage
  integrated                             Select
  marketing                STAGES
                                        channels
communication




 Measure                 Decide on       Establish
 results                 mix media       Budgets
I) Identify Target Audience:




                                Target
                               audience
II) Determine communication objectives



     Category                                Brand
      needs                                 Awareness




                            Four possible
                             objectives




                                              Brand
     Brand
                                            Purchase
    Attitude
                                            Intention
III) Design communication



                     What to say
                      (Message
                      Strategy)




                      Solve these
                       problems
                                    Who should
  How to say it                        say it
   (Creative                         (message
   strategy)                          source)
A)Message Strategy: Appeals and Ideas are searched that will
  help in brand positioning and create a point of difference.



B) Creative Strategy: These are the ways marketers translate
  their message into specific and correct information.




C) Messsage Source: Messages delivered through attractive
  and popular sources can achieve higher attention and recall,
  which is why advertisers often use celebrities for advertising
  the products.
IV) Select the communication channel

The communication channel can be of two types:


               Personal channel



             Non Personal
              channel
V) Establish total marketing budget:

                          Affordable
                             price




           Competitive                   Percentage of
                           Methods
             parity                          sales




                         Objective and
                             task
VI) Deciding Communication Mix:
Each communication tool has its own characteristics and costs. So they
must be chosen accordingly.
Factors in setting marketing communication mix are:

                           Type of product
                               market




            Product life                 Buyer-readiness
               cycle                          stage
VII) Measure results:


                20% not
                 aware

                           40% did
                            not try
      100%
      market      80%
                 Aware                    80%
                            60%       disappointe
                            tried          d
                                         20%
                                       satisfied

     Total        Awareness Brand trial
     Satisfaction
VIII) Managing integrated marketing communication
process:
     It is a concept that evaluates strategic roles of variety of
     communication disciplines like promotion,advertising and
direct
     response etc… and combines these disciplines to provide
clarity,
      consistency and maximum impact through the messages.
Media
      should be properly integrated and then IMC should be
      implemented.
ADVERTISING
Advertising is any paid form of non personal presentation and promotion of
ideas, goods, or services by an identified sponsor.


Objectives of advertising: -

                                            MESSEGE


MISSION                 MONEY
                                                                  MEASUREMENT


                                             MEDIA
Types of advertising: -
 Informative   Advertising

 Persuasive Advertising

 Reminder Advertising

 Reinforcement Advertising
Medium of advertisement:-
 Television   Ads
 Print Ads
 Radio Ads
 Magazines
 internet
 brochures
 telephone
Alternative advertising options :-
    Place Advertising
    Bill boards
    Public Spaces
    Product Placement
   Point-Of-Purchase
Evaluating advertising
effectiveness: -

 1. What is the main message you get from this ad?

 2. What do you think they want you to know, believe, or do?

 3. How likely is it that this ad will influence you to undertake the
    action?

 4. How does the ad make you feel?

 5. What works well in the ad and what works poorly?
Sales Promotion
    Whereas advertising offers a reason to buy, sales promotion offers an
    incentive to buy.



                           Sales promotion




Consumer                                                Sales force
                          Trade promotion
promotion                                               promotion
Major decisions for sales
promotion: -
 Establishing objectives.

Selecting consumer promotion tools.

Selecting trade promotion tools.

Developing the program.

Presenting, implementing, controlling and evaluating the program.
Advertising versus
promotion: -
                                Advertising                 Promotions

1.   Define as            1. Customers’ attention     1. Concern of welfare of
                                                         society

2. Nature of the appeal   2. Emotional                2. Unemotional



3. Objective              3. To create an enduring    3. To give a better
                               a brand image.         comparison in the mind
                                                      of consumers.
4. Directness             4. Indirect and subtle      4. Much more direct.
                          method.
5. Example                5. Advertising for a cell   5.A cell phone sales
                          phone service might         promotion might
                          emphasize the coverage      emphasize a free phone
                          area and the many styles    for signing a two-year
                          of phones available.        contract if sign-up is
                                                      within the next month.
Events and Experiences: -
 Objectives and Advantages: -

  To identify a particular target market or lifestyle.

  To increase awareness of company or product name.

 To enhance corporate image dimensions.

  To create experiences and evoke feelings.

  To express commitment to the community or on social issues.
MAJOR DECISIONS FOR
EVENTS: -
 Choosing event opportunities.

 Designing sponsorship programs.

 Measuring sponsorship activities.
Public relations: -
 A Public is any group that has an actual or potential interest in or impact
 on a company’s ability to achieve its objectives.
 Public Relations(PR) involves a variety of programs designed to promote
 or protect a company’s image or its individual products.
                            many companies are turning to Marketing Public
 Relations to support corporate or product promotion and image making.

 Tasks performs by MPR:-

 Assisting in the launch of new products.
 Assisting in repositioning a mature product.
 Building interest in a product category.
 Influencing specific target groups.
 Building a favorable corporate image.
Major TOOLS in marketing
PR: -
  Publications

 Events

  Sponsorships

  News

  Speeches

  Public – Service Activities
Decisions In marketing pr:
-
  Establishing objectives.

  Choosing messages and vehicles.

  Implementing the plan and evaluating results.
Direct Marketing
Direct marketing is the use of consumer-direct
channels to reach and deliver goods and services to
customers without using market middlemen.
Benefits of Direct Marketing
 Helps to generate awareness of your business among
  your target clients.
 Helps to develop an effective and responsive feedback
  system.
 Helps to build a qualified and potential database for
  your business.
 It is easy to measure results because you know exactly
  how many people you've contacted in the first place.
Channels Of Direct Marketing
   Direct mail
   Catalogs
   Telemarketing
   Other direct response
Direct Mail
 Direct mail means to communications sent to
 potential customers via the postal service and other
 delivery services. Direct mail is sent to customers
 based on criteria such as age, income, location,
 profession, buying pattern, etc.
Constructing a Direct-Mail
       Campaign
      Establish objectives

    Select target prospects

    Develop offer elements

         Test elements

            Execute

       Measure success
Catalog Marketing
In catalog marketing companies send catalogs of
various kinds which are:-
 Merchandise Catalog
 Speciality Customer Catalog
 Business Catalog.
These catalogs are usually in printed form but also
sometimes CD’s and videos can be send.
Telemarketing
Telemarketing is use of telephone and call centres to
attract the customers.

Types of telemarketing
 Telesales
 Telecoverage
 Teleprospecting
 Customer service and technical support
Other Direct Responses
Various other direct media responses which marketers
use are.
 Newspapers
 Magazines
 Television
 Radio
Interactive Marketing
Interactive Marketing refers to the evolving trend
in marketing whereby marketing has moved from a
transaction-based effort to a conversation.

It means selling directly to customers through
electronic media.
• sales force objective
• sales force strategy
• sales force structure
• sales force size
• sales force compensation
Sales Force Objective and Strategy
 Companies must design the specific objective they expect their sales force to
  achieve.
    - the old idea : “sell, sell and sell”
    - later the idea: should know how to diagnose a customer’s problem and propose a
      solution.
    - sales people don’t try sell a specific product initially.
 They show a customer- prospect how their company can help the customer improve
  its profitability.
 They seek to join their company with the customer’s company as “partners for
  profit.”
Sales Force Objective and Strategy
Sales people have one or more of the following specific task to perform:-
 Prospecting : searching for prospects, or leads.
 Targeting : deciding how to allocate their time among prospect and customer.
 Communicating : communicating information about the company’s product
   and services.
 Selling : Approaching, presenting, answering objections, and closing sales.
 Servicing : providing various services to the customer consulting on problems,
   rendering technical assistance, arranging financing, expediting delivery.
 Information gathering : conducting marketing research and doing intelligence
   work.
 Allocation : deciding which customer will get scarce product during product
   shortages.
Sales Force Objective and Strategy
 Today’s sales representative act as “account manager.”
    - arrange fruitful contact between various people in the buying and selling
  organizations.
 To maintain a market focus, salespeople should know how:
    - analyze sales data
    - measure market potential
    - gather market intelligence
    - develop market strategies and plans
 Sales forces will be more effective in the long run if they understand marketing
  as well as selling.
Sales Force Structure
 The sales force strategy has implication for the sales force structure.
 If the company sells one product line to one end using industry with customers
  in many location – territorial sales force structure.
 If the company sell many products to many types of customer – product or
  market sales force structure.
Territorial :
Each sales representative is assigned an exclusive territory-
 Clear definition responsibilities
 Increase incentive to cultivate local business and personal ties
 Travel expenses are relatively small
Sales Force Structure
Territory size :
Designed to provide either equal sales potential or equal work- load.
 Equal potential provide :
    - the same income opportunities
    - evaluate performance
    - vary widely in size(because customer density varies)
 Equal work- load :
    -each sale rep can cover his or her territory adequately
Sales Force Structure
Territory shape :
 Formed by combining smaller units (countries and states)
 Design must take into
    - account the location of natural barriers
    - the compatibility of adjacent areas
    - the adequacy of transportation
 Can influence
    - the cost and ease of coverage
    - the sales rep’s job satisfaction
Sales Force Size and Compensation
 The company clarify it strategy and structure = consider sales force size
 The company establishes the no. of customers it want to reach = workload
  approach to establish sales force size.
 Following five steps :
   - Group customers in size classes by annual sales volume
   - Establish call frequencies, the no. of calls to be made per year on each
  account in a size class
   - Multiply the no. of accounts in each size class by the call frequency to arrive
  at the yearly sales call workload;
   - Determine the average no. of calls a sales rep can make per year
   - Divide the total annual sales (calculated in step 3) required by the average
  annual calls made by a rep (calculated in step 4) to see how many reps are
  needed
Sales Force Size and Compensation
 The company must next determine the components of sales force
  compensation :
   - Fixed amount
   - Variable amount
   - Expense allowances
   - Benefits
 70% total income sales reps is fixed and 30% other elements
 3 basic types of fixed and variable compensation plan :
   - Straight salary
   - Straight commission
   - Combination salary and commission
 ¼ use either and ¾ firms use combination
Sales Force Size and Compensation
 Straight -salary plans :
   - Provide sales rep with the secure income
   - Make them more willing to perform non selling activities
   - Give them less incentive to overstock customer
   - from the company’s perspective they provide administrative simplicity and
  lower turnover
 Straight -commission plans :
   - Attract higher sales performers
   - Provide more motivation
   - Require less supervision
   - Control selling costs
 Combination plan offer the benefits of both plans :
   - While reducing their disadvantages
Advantages of Interactive
Marketing
 Tailored messages possible
 Easy to track responsiveness
 Contextual ad placement possible
 Search engine advertising possible
 Subject to click fraud
 Consumers develop selective attention
Personal selling: -
 Personal selling is an ancient art. Effective salespeople have
 more than instinct, they are trained in methods of analysis and
 customer management. Sales training approaches try to
 transform a salesperson from a passive order taker into an
 active order getter who engages in customer problem solving.

 This approach assumes that customers have latent needs that
 constitute opportunities and that they will be loyal to sales
 representatives who can analyze their needs and who have their
 long term interests at heart.
Principles of personal
selling:-

 Prospecting and                 Presentation and
                   preapproach
    qualifying                    demonstration




 Follow-up and                    Overcoming
                     Closing
  maintenance                      objectives

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integrated marketing communication

  • 1. Integrated Marketing Communication Presented by: Nitya Jain Pankaj Piyush Piyush Soi Poonam Chakraborty Poonam Mishra
  • 2. What is IMC? Integrated marketing communication (IMC) is an approach to brand communications where the different modes work together to create a seamless experience for the customer and are presented with a similar tone and style that reinforces the brand’s core message. Its goal is to make all aspects of marketing communication such as advertising, sales promotion, public relations direct marketing, online communications and social media work together as a unified force, rather than permitting each to work in isolation, which maximizes their cost effectiveness.
  • 3. NEED For IMC  Modern Marketing calls for more than developing a good product, Pricing it attractively, and making it accessible.  Companies must also communicate with present and [potential stakeholders and the general public.  For most, therefore, the question is not whether to communicate but rather what to say, how and when to say it, to whom and how often.  Communication gets harder and harder as more and more companies clamor to grab an increasingly empowered consumer’s divided attention.
  • 4. Need contd….  Consumer’s themselves are taking a more active role in the communication process and deciding what communication they want to receive and how they want to communicate to others about the products and services they use.  Marketing communication mix is the heart of the marketing strategy if the organization wants to create valuable customers.  Improves the company’s ability to reach to the right consumer at right place and on right time.
  • 6. It consists of eight major modes of communication: Advertising Personal Sales selling promotion Communication Events and mix experiences Word of mouth marketing Public relations Interactive and publicity marketing Direct Marketing
  • 7. •The communication process models There are two communication models: Macro model Micro model A)Macro model
  • 8. B) Micro model: Stages AIDA Hierarchy-of-effect Innovation Communication model model -Adoption model model Cognitive Attention Awareness Awareness Exposure Stage Reception Knowledge Cognitive response Affective Interest Liking Interest stage Attitude Desire Prefrences Evaluation Intention Conviction Behaviour Trial Stage Action Purchase Behavior Adoption
  • 9. Developing Effective communication:
  • 10. Stages in developing effective communication: Identify Design Determine target communicatio Objectives audience n Manage integrated Select marketing STAGES channels communication Measure Decide on Establish results mix media Budgets
  • 11. I) Identify Target Audience: Target audience
  • 12. II) Determine communication objectives Category Brand needs Awareness Four possible objectives Brand Brand Purchase Attitude Intention
  • 13. III) Design communication What to say (Message Strategy) Solve these problems Who should How to say it say it (Creative (message strategy) source)
  • 14. A)Message Strategy: Appeals and Ideas are searched that will help in brand positioning and create a point of difference. B) Creative Strategy: These are the ways marketers translate their message into specific and correct information. C) Messsage Source: Messages delivered through attractive and popular sources can achieve higher attention and recall, which is why advertisers often use celebrities for advertising the products.
  • 15. IV) Select the communication channel The communication channel can be of two types: Personal channel Non Personal channel
  • 16. V) Establish total marketing budget: Affordable price Competitive Percentage of Methods parity sales Objective and task
  • 17. VI) Deciding Communication Mix: Each communication tool has its own characteristics and costs. So they must be chosen accordingly. Factors in setting marketing communication mix are: Type of product market Product life Buyer-readiness cycle stage
  • 18. VII) Measure results: 20% not aware 40% did not try 100% market 80% Aware 80% 60% disappointe tried d 20% satisfied Total Awareness Brand trial Satisfaction
  • 19. VIII) Managing integrated marketing communication process: It is a concept that evaluates strategic roles of variety of communication disciplines like promotion,advertising and direct response etc… and combines these disciplines to provide clarity, consistency and maximum impact through the messages. Media should be properly integrated and then IMC should be implemented.
  • 20. ADVERTISING Advertising is any paid form of non personal presentation and promotion of ideas, goods, or services by an identified sponsor. Objectives of advertising: - MESSEGE MISSION MONEY MEASUREMENT MEDIA
  • 21. Types of advertising: -  Informative Advertising  Persuasive Advertising  Reminder Advertising  Reinforcement Advertising
  • 22. Medium of advertisement:-  Television Ads  Print Ads  Radio Ads  Magazines  internet  brochures  telephone
  • 23. Alternative advertising options :-  Place Advertising  Bill boards  Public Spaces  Product Placement Point-Of-Purchase
  • 24. Evaluating advertising effectiveness: - 1. What is the main message you get from this ad? 2. What do you think they want you to know, believe, or do? 3. How likely is it that this ad will influence you to undertake the action? 4. How does the ad make you feel? 5. What works well in the ad and what works poorly?
  • 25. Sales Promotion Whereas advertising offers a reason to buy, sales promotion offers an incentive to buy. Sales promotion Consumer Sales force Trade promotion promotion promotion
  • 26. Major decisions for sales promotion: -  Establishing objectives. Selecting consumer promotion tools. Selecting trade promotion tools. Developing the program. Presenting, implementing, controlling and evaluating the program.
  • 27. Advertising versus promotion: - Advertising Promotions 1. Define as 1. Customers’ attention 1. Concern of welfare of society 2. Nature of the appeal 2. Emotional 2. Unemotional 3. Objective 3. To create an enduring 3. To give a better a brand image. comparison in the mind of consumers. 4. Directness 4. Indirect and subtle 4. Much more direct. method. 5. Example 5. Advertising for a cell 5.A cell phone sales phone service might promotion might emphasize the coverage emphasize a free phone area and the many styles for signing a two-year of phones available. contract if sign-up is within the next month.
  • 28. Events and Experiences: - Objectives and Advantages: -  To identify a particular target market or lifestyle.  To increase awareness of company or product name. To enhance corporate image dimensions.  To create experiences and evoke feelings.  To express commitment to the community or on social issues.
  • 29. MAJOR DECISIONS FOR EVENTS: -  Choosing event opportunities.  Designing sponsorship programs.  Measuring sponsorship activities.
  • 30. Public relations: - A Public is any group that has an actual or potential interest in or impact on a company’s ability to achieve its objectives. Public Relations(PR) involves a variety of programs designed to promote or protect a company’s image or its individual products. many companies are turning to Marketing Public Relations to support corporate or product promotion and image making. Tasks performs by MPR:- Assisting in the launch of new products. Assisting in repositioning a mature product. Building interest in a product category. Influencing specific target groups. Building a favorable corporate image.
  • 31. Major TOOLS in marketing PR: -  Publications Events  Sponsorships  News  Speeches  Public – Service Activities
  • 32. Decisions In marketing pr: -  Establishing objectives.  Choosing messages and vehicles.  Implementing the plan and evaluating results.
  • 33. Direct Marketing Direct marketing is the use of consumer-direct channels to reach and deliver goods and services to customers without using market middlemen.
  • 34. Benefits of Direct Marketing  Helps to generate awareness of your business among your target clients.  Helps to develop an effective and responsive feedback system.  Helps to build a qualified and potential database for your business.  It is easy to measure results because you know exactly how many people you've contacted in the first place.
  • 35. Channels Of Direct Marketing  Direct mail  Catalogs  Telemarketing  Other direct response
  • 36. Direct Mail  Direct mail means to communications sent to potential customers via the postal service and other delivery services. Direct mail is sent to customers based on criteria such as age, income, location, profession, buying pattern, etc.
  • 37. Constructing a Direct-Mail Campaign Establish objectives Select target prospects Develop offer elements Test elements Execute Measure success
  • 38. Catalog Marketing In catalog marketing companies send catalogs of various kinds which are:-  Merchandise Catalog  Speciality Customer Catalog  Business Catalog. These catalogs are usually in printed form but also sometimes CD’s and videos can be send.
  • 39. Telemarketing Telemarketing is use of telephone and call centres to attract the customers. Types of telemarketing  Telesales  Telecoverage  Teleprospecting  Customer service and technical support
  • 40. Other Direct Responses Various other direct media responses which marketers use are.  Newspapers  Magazines  Television  Radio
  • 41. Interactive Marketing Interactive Marketing refers to the evolving trend in marketing whereby marketing has moved from a transaction-based effort to a conversation. It means selling directly to customers through electronic media.
  • 42. • sales force objective • sales force strategy • sales force structure • sales force size • sales force compensation
  • 43. Sales Force Objective and Strategy  Companies must design the specific objective they expect their sales force to achieve. - the old idea : “sell, sell and sell” - later the idea: should know how to diagnose a customer’s problem and propose a solution. - sales people don’t try sell a specific product initially.  They show a customer- prospect how their company can help the customer improve its profitability.  They seek to join their company with the customer’s company as “partners for profit.”
  • 44. Sales Force Objective and Strategy Sales people have one or more of the following specific task to perform:-  Prospecting : searching for prospects, or leads.  Targeting : deciding how to allocate their time among prospect and customer.  Communicating : communicating information about the company’s product and services.  Selling : Approaching, presenting, answering objections, and closing sales.  Servicing : providing various services to the customer consulting on problems, rendering technical assistance, arranging financing, expediting delivery.  Information gathering : conducting marketing research and doing intelligence work.  Allocation : deciding which customer will get scarce product during product shortages.
  • 45. Sales Force Objective and Strategy  Today’s sales representative act as “account manager.” - arrange fruitful contact between various people in the buying and selling organizations.  To maintain a market focus, salespeople should know how: - analyze sales data - measure market potential - gather market intelligence - develop market strategies and plans  Sales forces will be more effective in the long run if they understand marketing as well as selling.
  • 46. Sales Force Structure  The sales force strategy has implication for the sales force structure.  If the company sells one product line to one end using industry with customers in many location – territorial sales force structure.  If the company sell many products to many types of customer – product or market sales force structure. Territorial : Each sales representative is assigned an exclusive territory-  Clear definition responsibilities  Increase incentive to cultivate local business and personal ties  Travel expenses are relatively small
  • 47. Sales Force Structure Territory size : Designed to provide either equal sales potential or equal work- load.  Equal potential provide : - the same income opportunities - evaluate performance - vary widely in size(because customer density varies)  Equal work- load : -each sale rep can cover his or her territory adequately
  • 48. Sales Force Structure Territory shape :  Formed by combining smaller units (countries and states)  Design must take into - account the location of natural barriers - the compatibility of adjacent areas - the adequacy of transportation  Can influence - the cost and ease of coverage - the sales rep’s job satisfaction
  • 49. Sales Force Size and Compensation  The company clarify it strategy and structure = consider sales force size  The company establishes the no. of customers it want to reach = workload approach to establish sales force size.  Following five steps : - Group customers in size classes by annual sales volume - Establish call frequencies, the no. of calls to be made per year on each account in a size class - Multiply the no. of accounts in each size class by the call frequency to arrive at the yearly sales call workload; - Determine the average no. of calls a sales rep can make per year - Divide the total annual sales (calculated in step 3) required by the average annual calls made by a rep (calculated in step 4) to see how many reps are needed
  • 50. Sales Force Size and Compensation  The company must next determine the components of sales force compensation : - Fixed amount - Variable amount - Expense allowances - Benefits  70% total income sales reps is fixed and 30% other elements  3 basic types of fixed and variable compensation plan : - Straight salary - Straight commission - Combination salary and commission  ¼ use either and ¾ firms use combination
  • 51. Sales Force Size and Compensation  Straight -salary plans : - Provide sales rep with the secure income - Make them more willing to perform non selling activities - Give them less incentive to overstock customer - from the company’s perspective they provide administrative simplicity and lower turnover  Straight -commission plans : - Attract higher sales performers - Provide more motivation - Require less supervision - Control selling costs  Combination plan offer the benefits of both plans : - While reducing their disadvantages
  • 52. Advantages of Interactive Marketing  Tailored messages possible  Easy to track responsiveness  Contextual ad placement possible  Search engine advertising possible  Subject to click fraud  Consumers develop selective attention
  • 53. Personal selling: - Personal selling is an ancient art. Effective salespeople have more than instinct, they are trained in methods of analysis and customer management. Sales training approaches try to transform a salesperson from a passive order taker into an active order getter who engages in customer problem solving. This approach assumes that customers have latent needs that constitute opportunities and that they will be loyal to sales representatives who can analyze their needs and who have their long term interests at heart.
  • 54. Principles of personal selling:- Prospecting and Presentation and preapproach qualifying demonstration Follow-up and Overcoming Closing maintenance objectives