CHAPTER 10 Copyright © 2001, Prentice Hall, Inc. What is… ntegrated arketing ommunications COMMUNICATIONS CROSS-TRAINING Copyright ©2001 Prentice Hall, Inc. 2 Let’s Discuss Integrated Marketing Communications Combines perspectives of marketing, advertising, sales promotion, and public relations Approaches communications from the customer’s perspective Copyright ©2001 Prentice Hall, Inc. 3 Map of the Cross-Training Process Build good relationships with your publics START: Understand the customer Copyright ©2001 Prentice Hall, Inc. 100-Acre Wood Collaborate on strategy and execution 4 Map of the Cross-Training Process Public Relations can lead other disciplines in using two-way communication Clear Lake Clarify role that each discipline plays Copyright ©2001 Prentice Hall, Inc. Develop interdisciplinary skills-building FINISH! 5 Compare / Contrast Sells service or product through pricing, promoting, & distributing Creates & maintains a market for products & services Sells the organization Creates & maintains a hospitable environment for the organization Marketing versus Public Relations Copyright ©2001 Prentice Hall, Inc. 6 Let’s Discuss Why have traditional marketing notions given way to Integrated Marketing Communication? Consumer protests and government scrutiny began to shake historical views of marketing Product recalls generated recurring headlines Indirect sales began occurring regularly Copyright ©2001 Prentice Hall, Inc. 7 Let’s Discuss Why have traditional marketing notions given way to Integrated Marketing Communication? Advertisers were asked how their products answered social needs and civil responsibilities Rumors about particular companies spread like wildfire General image problems were fanned by a continuous blaze of media criticism Copyright ©2001 Prentice Hall, Inc. 8 Math Assignment Name:_____________ Add one “P” to the traditional 4 “Ps” of Marketing. Check your work. Product + Price + Place + Promotion + PUBLIC RELATIONS Integrated Marketing Communication Copyright ©2001 Prentice Hall, Inc. 9 When Product Publicity in the Marketing Mix is Useful 1. Introducing a revolutionary new product 2. Eliminating distribution problems with retail outlets 3. Operating with small budgets and strong competition 4. Explaining a fine but complex product 5. Generating new consumer excitement for an old product 6. Tying the product to a unique representative such as Morris the Cat 7. Creating an identity for a new Internet company Copyright ©2001 Prentice Hall, Inc. 10 QUICK QUIZ What is Third-Party Endorsement? Tacit support given to products by a newspaper, magazine, or broadcaster. Copyright ©2001 Prentice Hall, Inc. 11 QUICK QUIZ What is Branding? Creating a differentiable identity for a company or product. Copyright ©2001 Prentice Hall, Inc. 12 Principles to Establish a Unique Brand 1 2 3 4 5 6 Be Early Be Memorable Be Aggressive Choose a Proper Partner Create a Personality Promote the IPO Copyright ©2001 Prentice Hall, Inc. 13 OVERVIEW: Public Relations Marketing Activities Article Reprints Cause-Related Marketing Trade Shows Use of Spokesperson Copyright ©2001 Prentice Hall, Inc. 14 Let’s Discuss Article Reprints Plan ahead Select target publics and address recipients by name and title. Pinpoint the reprint’s significance Integrate the reprint with similar articles or information Include in press kits and displays Copyright ©2001 Prentice Hall, Inc. 15 Let’s Discuss Select a common theme Display the right products Analyze the show carefully Copyright ©2001 Prentice Hall, Inc. Trade Show Participation Consider the trade books Emphasize what’s new Consider local promotional efforts Evaluate the worth 16 Let’s Discuss Copyright ©2001 Prentice Hall, Inc. Use of Spokespersons Articulate Quick-Thinking Knowledgeable 17 Let’s Discuss Cause-Related Marketing Education Copyright ©2001 Prentice Hall, Inc. 18 Occasions for Public Relations Advertising Mergers & Diversifications Personnel Changes Trademark Protection Organizational Name Change Copyright ©2001 Prentice Hall, Inc. Company Customers 19 Occasions for Public Relations Advertising Organizational Resources Manufacturing & Service Capabilities Corporate Emergencies Growth History Copyright ©2001 Prentice Hall, Inc. Financial Strength & Stability 20 Integrated Marketing for the 21st Century Copyright ©2001 Prentice Hall, Inc. 21 Integrated Marketing for the 21st Century Copyright ©2001 Prentice Hall, Inc. Used by: Fortune 500 Companies Publishers TV & Movie Companies Counseling Services and many more! Revenues total upwards of $900 million/year 22 Integrated Marketing for the 21st Century Copyright ©2001 Prentice Hall, Inc. 23