Marketing Communications (MarCom) Strategy
Marketing Communications (MarCom) Strategy
Marketing Communications (MarCom) Strategy
Communications
(MarCom) Strategy
Prepared by: The Marketing Department of BBO Marketing
Period covered: Jul 1, 2024 - Dec 31, 2024
Introduction
Marketing Communications (MarCom) refers to the coordinated use of various promotional methods
and channels to deliver a consistent and compelling message about a company, its products, or
services to target audiences. It encompasses all the ways a business communicates with its
customers, potential customers, and other stakeholders to promote its offerings, build brand
awareness, and drive engagement.
Public Relations
Direct Marketing
Content Marketing
Sales Promotion
Personal Selling
The goal of MarCom is to create a cohesive and effective communication strategy that resonates with
the target audience and achieves specific marketing objectives.
Key Elements of MarCom Strategy
A successful MarCom strategy comprises four key elements:
Choose specific, challenging goals that will help your business grow. Use the SMART criteria:
Specific
Measurable
Achievable
Relevant
Time-bound
Consider who your target audience is. Create detailed buyer personas to understand their:
Demographics
Psychographics
Behaviors
Pain points
Preferences
Age 28
Income $75,000/year
3. Select Channels
Choose the channels that will best reach your audience and offer the highest return on investment
(ROI).
Channel Pros Cons Average ROI
Note: ROI figures are industry averages and can vary significantly based on implementation and
industry.
Consistent branding across all channels can lead to increased brand visibility and revenue.
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5. Measure Results
Track the results of your plan using key performance indicators (KPIs) such as:
Reach
Engagement
Conversion rates
ROI
Content Marketing
PPC Marketing
Email Marketing
Influencer Marketing
Traditional Advertising
Traditional Advertising
10%
Social Media
Influencer Marketing
25%
10%
Email Marketing
15%
Content Marketing
20%
PPC Marketing
20%
Channel Percentage Amount (for $100,000
budget)
Performance Metrics
Track these key metrics to measure the success of your MarCom strategy:
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25
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Industry Benchmarks
Note: These benchmarks can vary by industry and should be used as general guidelines.
MarCom Trends and Innovations
Stay ahead of the curve by considering these emerging trends in marketing communications:
Conclusion
A well-executed MarCom strategy is essential for effectively communicating your brand message and
achieving your marketing goals. Regularly review and adjust your strategy based on performance data
and changing market conditions. Remember that the most successful MarCom strategies are those
that remain flexible and responsive to the evolving needs of your target audience and the broader
market landscape.
Reach Out
For questions, comments, or suggestions, email the team at [email protected].
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