2. MeaningOf
IMC/Definition
ofIMC
Integrated Marketing Communications is a simple
concept. It ensures that all forms of communications
and messages are carefully linked together. At its most
basic level, Integrated Marketing Communications, or
IMC, as we'll call it, means integrating all the
promotional tools, so that they work together in
harmony.
3. Featuresof IMC
Involves creating awareness
Various promotional tools
Sub-variable of marketing mix
Art and Science
Multiple devices available
Internal Communication
5. Reasons forthe
Growing
importance of
IMC
Strategically integrating
Coordinating
Maximize the returns
Easy to adapt
Major changes
Developing websites
Greater Fragmentation of media
Less responsive
Positive word of Mouth
Ongoing revolution
Traditional media advertising
Lower cost
Rapid growth and development
Rapid growth of internet
Can no longer be tied
8. RoleofIMCin
Marketing
The primary role of IMC is to systematically evaluate
the communication needs and wants of the buyer and,
based on that information, design a communication
strategy that will (a) provide answers to primary
questions of the target audience, (b) facilitate the
customer ability to make correct decisions, and (c)
increase the probability that the choice they make most
often will be the brand of the information provider, i.e.
the sponsor or marketer. Marketers know that if they
learn to fulfill this role, a lasting relationship with the
customer can be established
9. Communication
Process
Communication is the act of conveying meanings from
one entity or group to another through the use of
mutually understood signs, symbols, and semiotic rules
12. Determining
Promotional
Objectives
Marketing objectives are defined in terms of specific,
measurable outputs (sales volume, market share,
profits, and return on investment). They should be
quantifiable, realistic and attainable. However the
integrated marketing communications objectives are
based on certain communication tasks. It should align
with the message that is to be delivering to the target
audience. The company should be able to translate
their marketing goals into communication goals and
promotional objectives
14. DAGMAR :An
Approach to
setting Objectives
Defining Advertising Goals for Measured Advertising
Results (DAGMAR) is a marketing model used to
establish clear objectives for an advertising campaign
and measure its success.
The DAGMAR model was introduced by Russell Colley
in a 1961 report to the Association of National
Advertisers and was expanded upon in 1995 in a book
by Solomon Dutka.
15. DAGMAR :An
Approach to
setting Objectives
Characteristics of Objectives
Concrete, Measurable Tasks
Target Audience
Specified Time Period
Criticisms of DAGMAR
Problems with the response hierarchy
Sales Objectives
Practically and costs
Inhibition of creativity
16. Problems in
setting Objectives
1. Risk:
Though challenging objectives increase desire to perform
better, they also increase the risk of their non-
achievement.
ADVERTISEMENTS:
2. Stress:
As a result of risk, the challenging goals may increase
mental stress and tension of employees in the pursuit to
work hard for their attainment. This may lower their
performance, increase the costs or reduce the profits.
3. Low motivation or self-confidence:
Failure to achieve challenging or over-optimistic goals can
lower the confidence of workers to achieve these goals and
they will be demotivated to reach these targets.
4. Unfair practices:
If non-achievement of goals is followed by punishments
and threats, workers would indulge in unfair practices to
achieve those goals.
17. SettingObjectives
fortheIMC
Program
Zero based communications planning. Zero based
planning and zero based budgeting are hardly new
concepts. Quite simply, it's where you start a new
period looking at what you're planning to market to
your constituents or how much you're going to spend,
from a zero/neutral point.