Trio CHPT 6 IMC
Trio CHPT 6 IMC
Trio CHPT 6 IMC
Integrating
Marketing
Communications to
Build Brand Equity
Marketing Communication
• Means by which firms attempt to create awareness,
inform, persuade, initiate action, remind consumers about
the brands they sell and create loyalty .
• Can contribute to brand equity by: (Brand resonance
model)
• Creating brand awareness
• Creating strong points-of-parity and points-of-difference
associations
• Eliciting positive brand judgments or feelings.
• Facilitating a stronger consumer-brand connection and brand
resonance.
The New Media Environment
• Has changed dramatically in recent years:
Radio
Direct Response
Place
Television
• Advantages
• Allows demonstrating product attributes and benefits
• Dramatically portraying user and usage imagery, brand personality, emotions, and other brand intangibles.
• Disadvantages
• The large number of ads creates clutter so consumers ignore , skip ads
• Fleeting nature of the message so consumers may not understand or may forget brand messages
• Many channels creates fragmentation of customers
• High cost of production and placement
• Guidelines
• In designing and evaluating an ad campaign, marketers should distinguish between science and art of ad
• Message strategy-( Appeals) . What the ad wants to say about the brand and its positioning
• Creative strategy – ( Execution style)The way the ad expresses the brand claims.
Television ( contd)
• Disadvantage
• Lack of visual image.
• Relatively passive nature of consumer processing.
• Guidelines
• Identify your brand early in the commercial.
• Identify it often.
• Promise the listener a benefit early in the commercial.
• Repeat it often.
• Good radio ads are creative , see lack of visual images as plus through clever use of music, sounds
,humour etc that tap into listener’s imagination
Print
• Advantages
• Self-paced, provides detailed product information.
• Magazines effective at building user and usage imagery.
• Newspapers are more timely and pervasive
• Disadvantages
• Poor reproduction quality and short shelf life of newspaper advertising.
• Fairly passive medium as not interactive
• Guidelines
• Creative guidelines for print ads -clarity, consistency between all elements ( words
, pictures ) , and its placement are in line with brand image .
• Also research eg Starch test ( seen , noted , read , understood )
Direct response
Uses mail, telephone , internet, TV and other contact tools to communicate and solicit
response from customers and prospects
• Advantages
• Interactive so engaging , real time
• Easy today to setup eg toll free numbers ,websites
• Easy to measure effects – people respond or do not
• Disadvantages
• Clutter and intrusiveness
• Guidelines-
• Develop an up-to-date and informative list of current and potential future
customers.
• Precision marketing - Combining data analytics with right offer and strategic
messages
• Track the effectiveness of the marketing program through metrics
Data base marketing- Heart of Direct response Advtg
Consumer Promotions
Trade Promotions
Sales Promotion
.
Consumer promotions
• Are designed to change the behavior of consumers so that they buy a brand for the first time, buy more qty,
or buy earlier or more often.
• Permit manufacturers to charge different prices to groups of consumers eg based on qty .
• Convey a sense of urgency to consumers eg last day ,lmtd period offer .
• Can build brand equity through actual product experience eg trials
• Type of consumer promotions:
• Customer franchise building promotions like samples, demonstrations, and educational material. Brand
managers prefer these as they contribute to brand awareness or knowledge or teaches consumers to
use product in different ways or creates excitement , engagement etc and hence brand equity
• Customer non-franchise building promotions detract from brand equity such as price-off packs,
premiums, sweepstakes, and refund offers.
Trade promotions
• Are designed to change the behavior of the trade so that they carry the brand and actively support it.
• Incentives to secure shelf space and distribution for a new brand, or to achieve more prominence on the
shelf and in the store. ,eg point-of-purchase displays
• Financial incentives given to channel members to facilitate the sale of a product through dealer qty
discounts , contests and dealer incentives, training programs, trade shows, and cooperative advertising.
Sales Promotions
• Disadvantages of consumer promotions
• Decreased brand loyalty and increased brand switching.
• Decreased quality perceptions, and increased price sensitivity.
• Inhibit the use of franchise building activities like advertising and
divert marketing funds to sales promotion.
• Increase the importance of price and sales promotion as a factor in consumer decisions.
• May subsidize buyers who would have bought the brand anyway.
• Encourages forward buying and zero ultimate sales impact
1)Web sites
• Company website most important tool for communication
• Encourages the collaborative effort required for brand building,
between consumers and marketers. Interactive and engaging
• Marketers must carefully monitor different forums and Web site pages
that may include ratings, reviews, and feedback on brands.
Online marketing communication(contd)
3)Social media-through message boards and forums , chat rooms , blogs , Facebook ,
Twitter ,YouTube
• Advantages
• Allows brands to establish a public voice and presence on the Web.
• Complements and reinforces other communication activities.
• Helps promote innovation and relevance for the brand.
• Provide an easy means for consumers to learn from and express attitudes and opinions to others, creates
sense of community and fosters active engagement
• Disadvantage
• Not everyone actively participates on every brand , all the time in social media.
• User generated content cannot be controlled so best strategy is to determine how best to participate
and be involved , so as to respond and manage
Many companies now have official twitter handles and Facebook pages .Twitter acts
as early warning system .Facebook is about long term relationship building
Putting it all together