IMC - Challenges & Opportunities @MICA (01.02.10)
IMC - Challenges & Opportunities @MICA (01.02.10)
IMC - Challenges & Opportunities @MICA (01.02.10)
Communications –
Strategic Opportunities &
Challenges
Chandradeep Mitra
February 2010
The 10 Commandments
of Sergio Zyman
‘The End of Advertising
As We Know It’
Sergio Zyman
With Armin Brott (2002)
Commandment 1
Advertising today is much more
than TVCs.
And should do much more than TVCs
can.
Commandment 2
Everything Communicates.
Every brand contact with the
customer.
Even what you don’t do and don’t
say.
Commandment
Marketing & Advertising 3 are not art
forms,
but the science of selling.
There is no room for creative
indulgence.
Their only job is to sell, sell, sell.
Commandment 4
Awareness and Image don’t mean
much
if the brand doesn’t sell.
Commandment 5
Trying to retain existing
customers
is much easier and more
profitable
than trying to attract new ones.
Commandment 6
One very important
(yet underused &
underestimated)
marketing tool is Packaging.
It is often the first impression
or the last defense
of a brand with a consumer.
Another Commandment
set of Powerful 7
Marketing
Tools
are Sponsorships & Endorsements.
Media issues
Insights – Consumer insights from three spheres of
influence –
Media, Business & Brand, and Society
•
‘Know the future’
•
2nd stage – Stage of
Invention
•
Intelligence & Imagination
•
Intelligence – Strategy, analysis, optimisation and
•
‘Show the future’
•
3rd stage – Stage of
Interpretation
•
Investment & Integration
•
Investment – Budget benchmarking, resource
•
‘Sow the future’
•
4th stage – Stage of Influence
•
Impact & Inference
•
Impact – Outcomes in terms of consumer
•
‘Grow the future’
•
The Four Stages of Creating
Consumer Influence
•
Stage 1 • Inquiry ‘ Know the Future ’
Innovation leadership,
acceptance, NIH Syndrome,
Idea funnel, implementation
logistics
Allocation of budgets &
revenues
Finding & agreeing on an objective
system of budget optimization,
handling conflict due to separate
contracts and fees
Thank You