Dr. Atul Thakare shared practitioner's experience in marketing & communications with the management students of Lexicon Management Institute of Leadership and Excellence.
2. MAKING AN IMPACT WITH
MARKETING COMMUNICATION
Practically every time you “like” a TV show, article, or a meme on
Facebook, you are participating in an IMC effort!
In today’s marketing environment, promotion involves integrated
marketing communication (IMC).
IMC involves bringing together a variety of different communication
tools to deliver a common message and make a desired impact on
customers’ perceptions and behavior.
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3. 94%
That’s a big number!
But these many consumers have discontinued
a product/service due to irrelevant promotions
or marketing communication
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4. I.M.C.
Integrated marketing communication
is the process of coordinating all
this activity across different
communication methods.
A central theme of this definition
is persuasion
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10. MASS MARKETING TO IMC
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Identify which tools are the
best fit for the audience and
marketing objectives
Deliver a unified message and
coordinated approach across
these tools.
11. MESSAGE MATTERS:
Express the main idea
Resonate with the audience
Articulate clearly and concisely
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14. EFFECTIVE MARKETING CAMPAIGNS
▪ Determine the target market
▪ Determine purpose & objectives for the IMC campaign
▪ Set S.M.A.R.T. goals
▪ Define the message
▪ Select marketing communications methods and tools
▪ Determine the promotional mix: which tools to use, when,
and how much
▪ Execute the campaign
▪ Measure results and refine approach
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15. AIDA MODEL
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ACTION
AWARENESS
INTEREST
DESIRE
Build awareness to motivate
further action
Generate interest by informing
about benefits; shaping
perceptions
Create desire; move from
“liking” to “wanting”
Take action toward purchasing
Communicating with Target Segments
17. Factors while choosing
MARKETING COMMUNICATION METHODS
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o Budget
o Timing
o Audience
o Existing Assets & Organizational Strengths
o Advantages of various Marketing Communication Methods
18. ENGAGEMENT STRATEGIES
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Campaign Strategy Well-suited IMC Tactics, Tools
Interact Social media, events, guerrilla marketing efforts
Engage Word-of-mouth recommendations, viral sharing,
social media
Embrace Brand community, social media, events, sales
promotions, viral sharing
Influence Public relations, thought leadership activities,
personal selling
Convince Case studies, testimonials, comparisons, free trials,
samples
Educate Advertising, thought leadership activities, public
relations, website and other content marketing
Inspire Testimonials, guerrilla marketing, events,
advertising, case studies
Nurture Email marketing, content marketing, personal selling
22. ▪ A positive and friendly way of
advertising
▪ Unique brand experience
▪ Enhances brand awareness
▪ Increasing your customer base
▪ The collection of user data and
research
▪ Potential of Virality
▪ Lead Generation
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ADVERGAMING
25. Concept
When you conceptualise your
event, you create the
framework from which it will
grow.
Why you are holding your
event;
Who will be in attendance;
When it will be;
Where it will be;
What will happen at the event.
5 C’s Coordination
When you have your concept, the
planning can begin.
Deciding on a theme
Nailing down a solid budget
Drawing up an itinerary
Searching for a venue
Planning caterers/decorators
Booking
entertainment/speakers/activity
Sourcing equipment
Coordinating transport and
accommodation
Risk assessments & security
Contingency plans
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26. 5 C’s
Control
Staying in control. Be
sure to keep things
tight and stick to your
plan as far as possible.
Event control also
means managing
supplier and vendor
relationships.
Culmination
In event culmination,
we reach the climax.
The culmination phase
involves
communicating with
suppliers, vendors and
staff, keeping a close
eye on timelines,
monitoring security,
ensuring everything is
set up at the right time,
etc.
Closeout
Closeout extends to
post-event
management, such as
getting feedback from
clients, evaluating your
performance, thanking
attendees and staff,
reviewing the budget,
etc. Understand how
you can use the
momentum gained
from it to move
forwards.
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: persuading people to believe something, to desire something, and/or to do something.
Express the main idea you want people to understand and remember about your offering
Resonate with the audience you are targeting, such that they pay attention and feel what you are saying matters
Articulate clearly and concisely what you need to communicate about: e.g., what you stand for, why you are different, what value you offer, what problems you solve, etc.
Resonate with the audience you are targeting, such that they pay attention and feel what you are saying matters
Articulate clearly and concisely what you need to communicate about: e.g., what you stand for, why you are different, what value you offer, what problems you solve, etc.
Key messages should be:
Concise: Key message statements should be clear and concise, ideally just one sentence long–but not a long, run-on sentence.
Simple: Key messages should use language that is easy for target audiences to understand. You should avoid acronyms, jargon, and flowery or bureaucratic-sounding language.
Strategic: Key messages should differentiate your organization and what you stand for, while articulating the value proposition or key benefits you offer.
Convincing: Messaging should include believable, meaningful information that creates a sense of urgency and stimulates action. Message wording should be decisive and active, rather than passive.
Relevant: Key messages should matter to the audience; they should communicate useful, relevant information that the audience finds appealing not only on a logical or rational level but also on an emotional level.
Memorable: Key messages should stick in the mind, so the impression they make is easy to recall.
Tailored: Messaging must communicate effectively with intended target audiences. This means the messaging should reflect the target audience’s unique needs, priorities, issues, terminology, relationship to the organization, and other distinguishing factors that might help the messaging better communicate with that audience.
Budget: What is the budget for the marketing campaign, and what resources are available to execute it? A large budget can incorporate more expensive marketing communication techniques—such as mass-market advertising and sales promotions—a larger scale, a broader reach, and/or a longer time frame. A small-budget campaign might also be very ambitious, but it would rely primarily on in-house labor and existing tools, such as a company’s Web site and content marketing, email marketing, and social media capabilities. It’s important to figure out how to get the biggest impact from the available budget.
Timing: Some IMC methods and tactics require a longer lead time than others. For example, email and Web marketing activities can usually be executed rapidly, often with in-house resources. Conference presentations and events require significantly longer lead time to orchestrate. It’s important to choose the tools that will make the biggest impact in the time available.
Audience: Effective IMC methods meet audiences where they are. As suggested above, the media habits and behaviors of the target segments should guide marketers’ choices around marketing communication. For example, if you know your target audience subscribes to a particular magazine, visits a short list of Web sites to get information about your product category, and follows a particular set of bloggers, your IMC strategy should build a presence in these media. Alternatively, if you learn that 60 percent of your new business comes as a result of Yelp and FourSquare reviews, your marketing campaign might focus on social-media reputation building and mobile touch points.
Existing Assets and Organizational Strengths: When considering marketing communications and the promotional mix, marketers should always look for ways to build on and make the best use of existing assets. For example, if a company has a physical store or space, how is it being used to full effect to move prospective customers through the sales cycle? If a company has a well-respected founder or thought leader as an employee, how are marketers using this asset to generate interesting content, educate prospects, differentiate the company, and create a desire for their brand, products, or services? Does the organization have a Website and, if so, how does it support each stage of the AIDA model? Organizations should be aware of these strengths and design IMC programs that use them to best advantage. Often these strengths become competitive advantages that competitors cannot easily match or replicate.
Advantages of Various Marketing Communication Methods: Different marketing communication methods lend themselves to particular stages of the AIDA model, push vs. pull strategies, and ways of interacting with customers.
Informative Advertising creates awareness of brands, products, services, and ideas. It announces new products and programs and can educate people about the attributes and benefits of new or established products.
Persuasive Advertising tries to convince customers that a company’s services or products are the best, and it works to alter perceptions and enhance the image of a company or product. Its goal is to influence consumers to take action and switch brands, try a new product, or remain loyal to a current brand.
Reminder Advertising reminds people about the need for a product or service, or the features and benefits it will provide when they purchase promptly.
A positive and friendly way of advertising: Users have the choice to download and play the game and thus view it as a positive exposure to a brand or product.
Unique brand experience: The game is developed around your firm’s brand and this is deeply integrated within it, which allows providing the customer with a more intense and special experience of the brand.
Enhances brand awareness: Players of video or mobile games are much more focused and concentrated and thus by subtly placing your brand and products within the game, you are able to increase this awareness. Also, you are able to tell a story about your brand or a new product or strategy you want to promote.
Increasing your customer base: Whilst the game will attract existing customers and build better relationships with those, it can also attract new customers who might enjoy the game to such an extent that they will turn into a loyal customer.
The collection of user data and research: Games usually require the player to register to login and this can provide your firm with email addresses and other data of customers. Also, you are able to test new things within the game such as polls and see whether it might be valuable.
Potential of Virality: Through providing customers with the possibility to share the game online and using online scoreboards on social media, advergames may go viral. This is simple and cheap e-WOM (word of mouth) for your brand!
Lead Generation: Through advergames, you can also increase your leads, as customers are attracted to your website and this will also help to increase your website traffic.