Chapter 17: integrated marketing communication and direct marketing Flashcards
IMC represents
integrated marketing communication
def. Promotional mix (alternatives)
a combination of five promotional tools, including advertising, personal selling, sales promotion, public Relations, direct selling,
What are the six elements required for communication to occur?
the act of designing marketing communication activities
- to provide a consist message across all media and all audiences
- to maximize the efficiency of the promotional budget and effective impact of communication.
six elements of communication process
- source
- message
- channels of communication
- receivers
- encoding
- decoding
- the field of experience
- response
- feedback
- noise
what is channels of communication
the means by which a message is conveyed and received by a receiver
what is encoding
the process by which the sender transforms an abstract idea to a set of symbols
what is decoding
the receiver transforms the received set of symbols, the message, to an abstract idea.
The Field of Experience
similar (or shared) knowledge and understanding for communication to work effectively. A sender and a receiver must mutually share a field of experience.
what is the most essential part of effective communication?
the mutually shared fields of experience
response
the impact of the message on the receivers knowledge, attitude & behavior.
feedback
the communication flow from the receiver back to the sender
Noise
to extraneous factors that can work against effective communicators by distracting the message or the feedback processes.
A misprint in a newspaper ad is an example of _____.
noise
def. PR
a form of communication
by which management seeks
- influence the feeling, opinion, belief of customers and prospective customers, shareholders, suppliers, employees, and other publics (stake holders)
- about the firm or its products and services.
- indirect, non-personal, paid presentation
Publicity
a non-personal, indirectly paid presentation about an organization, good, or service.
A company does not pay for space in a mass medium but attempts to get the medium to run a favourable story on the company
Sales Promotion
short-term
increase interest in buying a good or service
personal selling
a two-way flow of communication between a buyer and seller
designed to influence a person’s or organization’s decision
advertising
The advertising on television, for example,
is paid
a form of non-personal communication with masses about an organization/service/goods. The space must be bought
presented by an identified sponsor
direct marketing
promotional elements that
- direct communication with consumers
- to generate a favorable response
- in the form of an order, request for information, visit an outlet or other desired responses
Cost per contact is high with the ______________ element of the promotional mix.
personal selling
5 factors to ensure the effectiveness of an IMC program
1, the target audience
- the communication task at each stage of PLC
- the choice of promotional elements appropriate for the product characteristics
- stages of buying decisions
- channel strategies
def target audience
the target of the promotional audience (ultimate customers, intermediaries, distributors, etc.)
the communication task in stages of product life cycle: intro, groth, maturity, decline
In Introduction Stage: To Inform
In Growth Stage: To Persuade
In Maturity Stage: To Remind/reinforce
Decline Stage: limit he investment in promotion
The more ____ the product, or higher ____, the greater the emphasis on______. Similarly, the need for more _____services or post‑sales support required, the more important is ____.
complex
perceived risks
personal selling
ancillary
personal selling