This document outlines an integrated marketing communications plan, including:
- The meaning and aim of IMC is to coordinate all promotional activities to deliver a unified customer message and build brand value over time.
- The evolution of IMC moved from mass marketing to relationship marketing using integrated channels with a focus on customer interaction.
- Key players in IMC include companies, agencies, customers, media, and other stakeholders.
- The promotional mix tools of advertising, public relations, direct marketing, personal selling, and sales promotion are used to deliver consistent brand messages.
3. OUTLINE
MEANING
AIM OF IMC
EVOLUTION
KEY PLAYERS
COMPARISON OF PUSH AND PULL
STRATEGIES
PROMOTIONAL MIX TOOLS
BUDGETING
STEPS TO EFFECTIVE COMMUNICATION
CONCLUSION
4. MEANING OF IMC
It is the coordination of all promotional activities to
produce a unified customer-focused promotional
message.
Goal of IMC:
Generate short term financial returns and build long term brand
value.
Marketing mix elements:
Product
Price
Place
Promotion
6. IMC – The Evolution
Mass Marketing
Using Mass Communication
To
Relationship Marketing
Using integrated Marketing Communication with a
focus on interaction
7. KEY PLAYERS IN IMC PROCESS
COMPANIES
AGENCIES
CUSTOMER
S AND
OTHER
COMPANY
STAKEHOL
DERS
MEDIA
10. BUDGETING METHODS
1. Affordable or Fund Available Method
2. Percentage of Sales Method
3. Competitive Parity Method
4. Objectives and Task Method
11. Steps to Effective Communication
Identify Target Audience
Develop Situation Analysis
Determine Marketing Communication Objectives
Strategies And Tactics
Evaluation & Measurement
Determine Budget
12. Conclusion
Don’t think too narrowly
Communication is not merely Advertising
The tools will be evaluated through monitoring sales,
conducting surveys and evaluating customer
feedback