This document discusses the importance of marketing communication and strategies. It explains that the goal of marketing communication is to raise brand awareness, retain customers, and cement relationships. It emphasizes that effective marketing communication strategies involve clearly identifying target audiences, differentiating from competitors, developing key messages, and selecting appropriate communication channels. The document also discusses the importance of integrated marketing communications, where different communication tools like advertising, direct marketing, social media, etc. are coordinated to deliver consistent messaging and maximize impact.
4. Business
Developed terrific products
Put together talented management team
Ultimate success depend on persuading customers
to select company’s products or services
Not buying from someone else
5. Business
Ability to sell
Innovative strategies
Comprehensive understanding of consumer
behavior
Aggressive communication of message to bring
success
6. Developing Strategic Vision
Lookout for new opportunities
Creating strategies
Discover exciting, emerging markets
Selling additional services or product
7. Creating Brand Awareness
Consumers need to know company exists
What it is selling
Advertising and promotion strategies formulated to
reach customers
Repetition
9. Marketing
Broad business function
Include
Product R&D
Merchandising and distribution processes
Pricing
Communication
Promotion
10. Communication Mix
Specific methods used to promote products to
targeted customers
Promotional mix include five elements
Sixth - event sponsorship
11. 1. Advertising
Most prominent element
All messages delivered to targeted audience
Costly
Control over message delivered – TV, radio, print
publication or website
12. 2. Personal Selling
Sales force
Promote products for resale to trade buyers
Retail salespeople promote goods and services to
consumers
Higher-end products and services require more
assertive efforts
13. 3. Discounts and Promotions
Promoted through paid communication
Coupons, percent-off deals and rebates
Exterior signs
In-store signage
Increasing revenue and cash flow
Attracting new customers
Clearing out extra inventory
14. 4. Public Relations
Similar to advertising
Messages communicated through mass media
Don't pay for time or space
15. 4. Public Relations
TV or newspaper feature story
Provide brand exposure
Don't control messages
Influence
16. 5. Direct Marketing
Both sales promotions and personal selling
Interactive communication with customers
Message seek response from targeted customers
E-mail and direct mail
17. 5. Direct Marketing
Special offers or calls to action
Promoting limited-time deals or new product
launches
Mail-order clubs, online or print surveys and
infomercials
18. 6. Event Sponsorship
Pay to have presence at sports, entertainment,
nonprofit or community events
Booth representation
Hand out samples, gifts and literature
Name mention and ad spots
21. Marketing Communication
Develop brand awareness
Consumers translate product information into
perceptions about product’s attributes
Retain product’s current customer base
Cement relationships with customers and suppliers
23. Components
Advertising - reach large audience through mass
market or target market appeals
Personal selling - communicate product benefits
directly to customer
Direct marketing - reach customers without third
party medium - catalogs and direct mail
24. Components
Sales promotion - incentive to buy product
Public relations - outflow of information to
customers, suppliers and other groups
25. Strategies
Story TeIling
Inspire customer trust by presenting personal story
Present customer benefits
Customer testimonials to highlight product’s value
31. Marketing Communication
Critical component of marketing activities
Right messages conveyed to right audiences
through right channels
Raising awareness
Increasing preference
Generating leads and sales
32. Marketing Communication
Strategies
Clearly identifying and understanding target
audience
Differentiating against competition
Developing key messages to address audience
questions and concerns
Selecting communication channels to reach
audiences at optimum time
33. Clearly Identifying and
Understanding Target Audience
Clear and thorough understanding of desired target
audience
Marketers further refine market definition
Develop appropriate messages delivered through
appropriate communication channels
34. Differentiating from Competition
Understand competitors: who, what they offer;
position to attract buyers.
Competition - direct and indirect
35. Differentiating from Competition
Understand competitors: who, what they offer;
position to attract buyers.
Competition - direct and indirect
36. Developing Key Messages
Emphasize main points about products and services
that meet audience needs
Position against competition
Direct, benefit-oriented
Limited to no more than three to five
43. Results
Traditional approach – businesses plan separate
campaigns for advertising, press relations, direct
marketing and sales promotions
Integrated campaigns use same communication
tools to reinforce each other and improve marketing
effectiveness
44. Integrated campaign
Use advertising to raise awareness of product
Generate leads for sales force
Communicating same information in press releases and feature
articles
45. Integrated campaign
Reinforce messages in advertising
Use direct mail or email to follow up inquiries from advertising
or press campaigns
Use telemarketing to sell directly or make appointments for
sales team
46. Creative Consistency
Different tools feature same creative treatment
Repeating headlines, key phrases and images in
each communication
Customers receive consistent messages
Reinforce basic campaign themes by increasing
number of times prospects see or hear same
message
48. Customer Preference
Provide customers with information in format they
prefer
Via email, direct mail, text message or telephone
Receive same information in all communications
Integrating website design content with other
communications
49. Seven Ways to Create Successful
Integrated Marketing Campaign
50.
51. Steps
1. Clear understanding of who your target audience is
2. Pick channels
3. Have consistent look
4. Create clear, consistent content easily adapted or repurposed
to suit different media or channels
5. Ensure messaging integrated
6. Make sure marketing teams/agencies working in sync
7. Don't forget to track campaigns