Chapter 1 - Introduction to IMC Flashcards

1
Q

steps in the communication process

A

sender => encoding => transmission device => decoding => receiver => feedback => sender => …

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2
Q

exemple of noise

A

=> Talking on the phone during a TV commercial
=> Driving/talking to a friend while listening to the radio
=> Looking at attractive model in a magazine ad and ignoring the message and brand
=> Scrolling past Internet ads without looking at them

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3
Q

State the definition of IMC

A

coordination and integration of all marketing communication tools, avenues and sources within a company…

into a seamless program that maximizes the impact on consumers and other end-users
at minimal cost…

and includes all business-to-business, channel, customer, external, and internal
communications

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4
Q

list several activities that IMC entails

A

traditional :

=> advertising
=> sales promotion
=> personal selling

novel :

=> Interactive marketing
=> Social Media
=> Alternative Marketing

(=> database marketing)
(=> direct response marketing)
(=> sponsoring marketing)
(=> PR)

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5
Q

advances in information technology

A

=> Proliferation of instant communications
=> Consumer access to unlimited information
=> Increasing communications between consumers

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6
Q

changes in channel power

A

There is an ongoing shift from manufacturers to consumers

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7
Q

Increasing Global Competition

A

More competition => research offline and purchase inline, only best product wins

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8
Q

increasing brand parity

A

As competition increases, brands become more equivalent, brand loyalty declines as consumers increasingly choose among groups of preferred brands at groups of preferred retailers

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9
Q

Desire for fun

A

Consumers become more and more demanding, requiring increasingly more “fun”-interactions leading to an “experience economy”

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10
Q

Understand why advances in information technology, changes in channel power, increasing global competition, increasing brand parity and desire for fun have led firms to focus on integrating their marketing communications

A
  1. Firms aim to facilitate customer engagement

=> Examination of all contact points with customers
=> Emphasis on two-way communication
=> Goal: increase consumers’ emotional commitment to the brand

  1. Consumers are requiring increasingly more “fun”-interactions

=> Virtual reality

  1. Firms cannot market to a whole body of customers anymore, „shotgun marketing“ is over

=> Focus on individuals and small customer groups
=> Usage of mass customization to offer products
=> Communication with personalized messages

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11
Q

Describe additional trends in marketing communication

A

=> Increasing focus on accountability and measurable results
(Facebook, Google analytics)

=> Greater partnering among key players to achieve integration
(e.g., account executives, brand managers, creatives)

=> Increasing use of alternative media and interactive marketing to reach consumers

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