What is Integrated Marketing? Flashcards
What are the Challenges and Opportunities facing Marketing Communications?
- Shifting Landscape - Rise of Internet/Social Media
- Noise/Clutter - Variety of Media
- Financial Pressures - Slow Economic Growth
- Competition - Domestic/Global
What are the Emerging Trends/Reasons for interest in IMC?
- Efficiency - Improve Profits
- Effectiveness - Increased sales, market share and productivity
- Enhanced Engagement - Brand Loyalty
- Emotions - Brand Experience
How has ‘Integration’ been used?
Integration of:
- Media/Tools
- Internal Restructuring to reduce costs
- Content by focusing on management/strategy
- Audience/Customer Focused Communication
What is Integrated Marketing Communications? (American Marketing Association Definition)
A planning process designed to assure that all brand contacts received by a customer or prospect for a product, service or organisation are relevant to that person and consistent over time.
Why is there a shift in the importance of consumer understanding?
Brand Relationships require a customer focus of not only what they want but what they value, which is important for building trust and brand loyalty.
What are the 7 steps of MarComs Planning? (Rossiter et al - 2018)?
- Brand Positioning
- Campaign Objective
- Creative Strategy
- Promotion Strategy
- Media Strategy
- Campaign Management
- MarComs for PR and Social Media
What are the Characteristics of IMC? (Pickton and Broderick’s 4 Cs)?
- Coherence - Tools/Channels to plan and deliver a logical, connected marcoms message.
- Consistency - Messages support/reinforce and are not contradictory.
- Continuity - Communications are connected/consistent through time.
- Complementary - Synergistic