An Introduction to Integrated Marketing Communications Defining IMC IMC is a strategic business process used to plan, develop, execute and evaluate coordinated, measurable, persuasive brand communication programmes with consumers, customers, prospects employees and other relevant external and internal audiences. The goal of IMC is to generate short-term financial returns and build long-term brand value. Integrated Marketing Communications A marketing communications planning concept that recognises the value of a comprehensive plan. A plan that evaluates the strategic roles of several communications disciplines: Media advertising Direct marketing Interactive/internet marketing Sales promotion Publicity/Public relations Combines the disciplines to provide: Clarity Consistency Maximum communications impact Traditional Approach to Marketing Communications Point of purchase Special events Publicity Media Advertising Public relations Direct marketing Sales promotion Packaging Direct response Interactive marketing © 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin Contemporary IMC Approach Packaging Sales promotion Point of purchase Publicity Interactive marketing Media Advertising Direct marketing Direct response Public relations Special events © 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin The Marketing & Promotional Mixes Marketing Mix: • Product or Service • Pricing • Channels of Distribution • Promotion Promotional Mix: • Advertising • Direct Marketing • Interactive/internet marketing • Sales Promotion • Publicity/Public Relations • Personal Selling Communication-Based Marketing Model Other Stakeholders Employees Investors Financial Community Government Regulators Corporate Level Message Sources Administration Manufacturing/ Marketing Finance Human Legal Operations Resources Cross-Functional Brand Equity (IM) Team Marketing Level Message Sources Product Mix Price Mix Marketing Distribution Communication Mix Cross-Functional IMC Team Marketing Communication Level Message Sources Personal Adver- Sales Direct Public Pack- Events Sales tising Promotion Marketing Relations aging Interactivity Distributors Customers Suppliers Competition Consumers Local Community Media Interest Groups Communication Levels Corporate Level Messages sent by a company’s overall business practices and philosophies such as mission, labour practices, philanthropies, culture and other processes Marketing Level Messages sent by or inferred from by various aspects of marketing mix such as product performance, design, appearance, pricing and distribution Marketing Communication Level Strategic and executional consistency among all forms of marketing communication Reasons for the Growing Importance of IMC From Toward Media advertising Multiple forms of communication Mass media Specialized media Manufacturer dominance Retailer dominance General focus Data-based marketing Low agency accountability Greater agency accountability Traditional compensation Performance-based compensation Limited Internet availability Widespread Internet availability © 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin IMC and Branding Brand Identity is a combination of factors: Name, logo, symbols, design, packaging, product or service performance, and image or associations in the consumer’s mind. IMC plays a major role in the process of developing and sustaining brand identity and equity. Coca Cola Demonstrates IMC Coca Cola Demonstrates IMC Bus shelter advert Coca Cola Demonstrates IMC Internet banner Integrated Marketing Communications Planning Model Review of marketing plan Promotional programme situation analysis Analysis of the communications process Budget determination Develop integrated marketing communications programmes Advertising Sales promotion PR/ publicity Personal selling Direct marketing Internet/ interactive Advertising objectives Sales promotion objectives PR/ publicity objectives Personal selling objectives Direct marketing objectives Internet/ interactive objectives Message strategy Sales promotion strategy PR/ publicity strategy Personal selling strategy Direct marketing strategy Internet/ interactive strategy Integrate and implement marketing communications strategies Monitor, evaluate and control IMC Programme