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Objectives
Communication
Process Communication models for urban and rural Communication. Integrated Market Communications
Definition
Communication is transmission of message between sender and receiver
Communication
Message
is transmitted through media. End result of communication is understanding of message. The response of it is from feedback from the recipient. Fails when distorted by noise elements.
Communication Process
Encodes the Message Encoded message in Media
Sender
Noise Distortions
Feedback
Response
Receiver
Marketing Communication
Is
a means by which firms attempt to inform, persuade and remind consumers directly or indirectly about product or brand they sell. Marketing Communication is broader ie 4Ps communicates. Most important element is planned Promotional communication.ie.
Ad. Media
Frame of Reference
Source Encoder
Frame of Reference
Message
Decoder Receiver
Field of Reference
Field of Reference
Identify TA
Determine Objectives
Establish Budget
Select Channels
Measure Results
Manage IMC
Step
2: Cognitive, affective, and behavioral objectives may be set 3: AIDA model guides message design
Step
Message Design
Content
Selection
Structure
Format Source
Types
of appeals
Message Design
Content
One-sided
Structure
Format Source
Order
Message Design
Content
Message
Structure
Format Source
format decisions vary with the type of media, but may include:
Graphics, visuals Headline, copy or script Sound effects,
Message
Message Design
Content
Structure
Format Source
source characteristics can influence attention and recall Factors underlying perceptions of source credibility:
Expertise Trustworthiness Likability
Step
Devoting extra effort to influential individuals or companies Creating opinion leaders Working through influential community members Using influential people in testimonial advertising
Developing advertising with high conversation value Use viral marketing Developing word-of-mouth referral channels Establishing an electronic forum
Step
Step
Advertising
Sales
Consumer
vs. business market Stage of buyer readiness Stage of product life cycle Market rank
Step
7: Measure Results
sales impact Improves firms ability to reach right customers at right time with right message
Any
paid form of non personal presentation of ideas, goods or services by an identified sponsor.
Objectives
Money
Message Media Measurement
Factors
Money
Message Media Measurement
cycle Market share and consumer base Competition and clutter Advertising frequency Product substitutability
Factors
Money
Message Media Measurement
Developing
Money
Message Media Measurement
frequency, and impact Selecting media and vehicles Determining media timing Deciding on geographical media allocation
Deciding
on Media Categories
Timing Decisions
scheduling options
Deciding
on Geographical Allocation
Evaluating
advertising effectiveness
Communication-
Money
Message Media Measurement
variety of short tem incentives to encourage trial or purchase of a product or services among consumers and trade.
Purpose
of sales promotion
Select business- and sales force promotion tools Develop the program Pretest the program
Samples Coupons Cash refunds (rebates) Premiums Prizes (contests, sweepstakes, games) Patronage awards
Free trials Product warranties Tie-in promotions Cross-promotions Point-of-purchase displays and demonstrations
variety of programs design to promote and protect the companys image or its individual product and firm.
Public
relations functions:
Marketing
Plays an important role in New product launches Repositioning of mature brand Building interest in product category Influencing specific target groups Defending products with public problems Building the corporate image
Three
News
Use
of mail, Phone, Internet, fax etc to communicate directly with or solicit response or dialogue from specific customers or prospects.
Direct
marketing uses consumer-direct channels to reach and deliver offerings to consumers without intermediaries. Direct marketing is growing and offers consumers key benefits. Firms are recognizing the importance of integrated direct marketing efforts.
selling
Direct-response
Steps
Step 1: Set objectives Step 2: Identify target markets Step 3: Define the offer Step 4: Test the elements Step 5: Measure results
Company-
sponsored activities and programs designed to create daily or special brand related interactions.
Face
to Face interaction with one or more prospective purchaser for the purpose of making presentations, answering questions and procuring orders.
Online
activities and programs designed to encourage customers or prospects and directly or indirectly improve awareness and image or procure sales.
People
to people oral, written or electronic communication that relates to merits or experiences of purchasing or using the product.