Chapter 18 Integrated Marketing Communications Flashcards
3 Elements of IMC strategy
- How Consumer receives message/ How delivery affects form and contents
- The channels of communication
- Evaluation of results of communication
7 Components of communication process
S, T, E, C, R, N, F
- Sender - party forming the ideas, clearly identified to target market
- Transmitter - external agency received info from sender and transforms it for use
- Encoding - conversion of sender’s ideas into message
- Communication channel - medium for message
- Receiver - Decoding of message occurs (interpretation of senders message)
- Noise - Difference between senders intended message and what the receiver hears
- Feedback Loop - Allows receiver to communicate with sender
4 Components of AIDA model
- Awareness - think, Aided Recall & Top-of-mind awareness
- Interest - Feel, (Include attributes that of of interest to target audience
- Desire - Feel
- Action - Do
Aided Recall is _____ AWARENESS (THINK)
when consumers indicate they know the brand when the name is presented to them
Top of Mind awareness occurs ___ AWARENESS (THINK)
consumers mention specific brand names first when they are asked about a product or a service
The lagged Effect is
A delayed response to marketing communications campaign
Public Relations
supports other promotional efforts by the firm by generating free media attention
Sales Promotions
Coupons, rebates, free samples, POP displays
Personal Selling
flow of communication between buyer and seller designed to influence the buyer’s purchase decision
3 components of “Objective and Task Method” for determining imc budget
E, D, F
- Establish set of communication objectives
- Determine which media will best reach target market
- Figure out cost to run the number and types of communications needed to accomplish objectives
Rule of Thumb method for determining imc budget
uses prior sales and comm activities to determine present comm budget
Measuring Effectiveness of IMC campeign through Traditional Media
- Frequency of exposure within a set time period
- Reach - percentage of target population exposed at least once
- Gross Rating Points (GRP) = Reach+Frequency
Measuring Effectiveness of IMC campeign through Wen based media
Web Tracking software keeping tabs on
- How much time spent on particular web pages
- Number of Pages viewed
- How many times banner ads are clicked
- Which website they came from
Social Shopping is
The use of Internet to communicate about product preferences with other shippers
Search Engine Marketing (SEM) is
Allows ads to show up in sponsored links based on keywords potential customers use