Samenvatting - Integrated advertising, promotion, and marketing communications

• 1 The IMC Foundation

• What is the definition of Integrated marketing communications (IMC) ?

  IMC is the coordination and integration of all marketing communication tools, avenues, and sources within a company into a seamless program that maximizes the impact on customers and other stakeholders at a minimal cost.

• What is communication?
  

  Transmitting, receiving, processing information
  

• A new era is unfolding in the fields of advertising, promotions, and marketing communications. Marketing departments and advertising agencies, as well as individual account managers, brand managers, and creatives, encounter strong pressures. They are being held accountable for expenditures of marketing communications dollars. Company leaders expect tangible results from promotional campaigns and other marketing programs. As a result, new partnerships are forming among account executives, creatives, and the companies that hire them. The duties of the account manager have expanded in the direction of a more strategically oriented approach to advertising and marketing communications. Those preparing to become advertising  or promotions professionals must be aware of both accountability issues and the new aspects of these jobs, including accounting for all of the new forms of alternative media. 

• Senders?

  Try to capture the customers information,
  
• What is encoding?
  

  Is forming verbal and non verbal cues?
  
• Transmission devices?
  

  Marketing communications move through various channels or media, the channel may be a television station carrying an advertisement.
  
• What do Senders do?

  Try to capture the customers attention. The senders include the chains like KFC, Mc Donalds. 
• What is decoding?
  

  Occurs when the message reaches one or more of the receiver's senses
  
• What is encoding?

  Is forming verbal and non verbal cues. In marketing, the person in charge of designing an advertisement takes an idea and transforms it into an attention-getting message. This message is often also encoded on the firms website and social media. 

• Who is the receiver?
  

  The person who receives the communication message as it was inteded by the message.
  
• What are Transmission devices?

  The way a message travels to the audience.  The channel may be a television station carrying an advertisement or a Sunday paper with a coupon placed in it. 
• What is feedback?
  

  The form of the receivers response to the sender
  
• What is decoding?

  It occurs when the message reaches one or more of the receiver's senses
• What is noise?
  

  Anything that distorts or disrupts a message, including marketing communications.
  
• Who is the receiver?

  The person who receives the communication message and decode it as it was inteded by the sender. 
• What is clutter?
  

  The most common form of noise, affecting marketing communications.
  

• Name two examples of noise:
  

  Talking on a phone during a commercial on television
  Driving while listening to the radio.
  
• What is noise?

  Anything that distorts or disrupts a message, including marketing communications.
  
  
  Examples: 
  - Talking on the phone during a commercial on TV
  - Driving while listening to the radio
  - Talking to a passenger as the car passes billboards.
• What are integraded marketing communications?
  

  Is the coordination and intergration of all marketing communication tools, avenues and sources in a company into a seamless program, designed to maximise the impact on customers and other stakeholders.
  
• What is clutter?

  (Too much information) The most common form of noise, including marketing communications. 
• What includes the marketing mix?
  

  Product price, promotion, distribution
  
• What is a current situational analysis?
  

  The process of examining the firms ongoing market situation.
  
• What are integraded marketing communications?

  Is the coordination and intergration of all marketing communication tools, avenues and sources in a company into a seamless program, designed to maximise the impact on customers and other stakeholders.
  
  The program covers all of a firm's B2B, market channel, customer-foucsied and internally directed communications.
• What is a swot analysis?
  
  

  Identifies a companies internatl strengths and weaknesses, along with the marketing opportunities and threats present in the external environment
  
• What are the 4 aspects of the marketing mix? 

  - Product 
  - price
  - promotion
  - distribution
• What are the primary marketing objectives?
  

  Establishes targets, such as higher sales, an increase in market share, a new competitive competition, or desired customer actions, such as visiting the store and making the purchase.
  
• What are the steps of a marketing plan?
  

  1.Current situational analysis,
  2.Swot analysis
  3.Marketing objectives
  4.Target market
  5.Marketing strategies
  6.Marketing tactics
  7. Implementation.
  8. Evaluation of performance.
  
• What is a swot analysis?

  Identifies a companies internal strengths and weaknesses, along with the marketing opportunities and threats present in the external environment
• What does a marketing plan do?
  

  Provide guidance to company leaders and marketing experts as they coordinate the firms overall communication package.
  
• What new trends are affecting marketing communications?
  
  

  1. Emphasis on accountability and measurable results.
  2. Changes in task performed.
  3.Emergence of alternative media
  
  
• What are the 8 steps of a marketing plan?

  1.Current situational analysis,
  2.Swot analysis
  3.Marketing objectives
  4.Target market
  5.Marketing strategies
  6.Marketing tactics
  7. Implementation.
  8. Evaluation of performance.
• What does an account executive do?
  

  Works the advertising agency, seeking to sell, direct, and manage advertising and promotional programs for client companies
  
• What are marketing strategies?

  Strategies that apply to all the ingredients of the marketing mix, plus any positioning, differentiation or branding strategies.

• What is the task of the brand or product manager?
  

  Oversees a specific brand or line of products for the client company.
  
• What are marketing tactics?

  they guide the day-to-day activities necessary to support marketing strategies. 
• Who are the creatives?
  

  These are the individuals who develop the actual advertisements and promotional materials.
  
• What is the task of an account planner?
  

  Represents the voice of the consumer within the agency to the agency's creative staff.
  
• What 3 new trends are affecting marketing communications?

  1. Emphasis on accountability and measurable results.
  2. Changes in task performed by key players
  3. Explosion of use alternative media
• How is internet based marketing communications changed?
  

  It changed form web advertisements to interactive web sites, blogs and social networks.
  
• How does an integrated marketing communications program create value?
  

  1. Advances in information technology
  2.Changes in channel power
  3.Increases in global  competition
  
  
• What is brand parity?
  

  When consumers believe that most brands provide the same set of attributes. Shoppers select from a group of brands, rather than one specific brand.
  
• What is a contact point?
  

  Any place where customers interact with or acquire additional information about a firm.
  
• What are the components of an integrated marketing communication program?
  

  1.IMC foundations-)Buyer behaviour
  2.Advertising tools--)Design, management
  3.IMC media tools--)Traditional media
  4.Promotional tools--)Sales promotions
  5.Integration tools: Regulation and ethics.
  
• How has internet based marketing communications changed?

  It changed form web advertisements to interactive web sites, blogs and social networks.Smartphones and text-messaging systems have created a new landscape. 
• What does GIMC means?
  

  Globally Integrated marketing communications programs.
  
• What are 6 reasons for Integrating and advertising and marketing programs?

  - Advanced in information technology
  - Changes in channel power
  - Increase in global competition
  - Increase in band parity 
  - Emphasis on customer engegement 
  - Increase micro-marketing 
• What are the two different strategies marketers employ for global strategies?
  

  Standardization
  Adaption
  
• What is standardization?
  

  A company features a uniform product and message across countries
  

• What is adaption?
  

  Creation of products and marketing messages designed for and adapted to individual countries.
  
• What are the 5 components of an integrated marketing communication program?

  1.IMC foundations-)Buyer behaviour
  2.Advertising tools--)Design, management
  3.IMC media tools--)Traditional media
  4.Promotional tools--)Sales promotions
  5.Integration tools: Regulation and ethics.