Unit 3 CB & IMC
Unit 3 CB & IMC
Unit 3 CB & IMC
UNIT 3
By - Dr. Shubh Arora
Marketing Communication
• Marketing communication plays an important role in a company's overall marketing program.
• Marketing communication can be defined as the process of systematic and scientific way of disseminating the relevant marketing
information by a company to its target market and other publics by using a mix of media.
• A company through its marketing communication tries to persuade its target market to purchase its products and services vis-h-vis
its competitors. Since marketing communication aims at influencing the consumer behaviour in favour of the company's offerings,
this is persuasive in nature.
• Various persuasive marketing communication tools are more commonly called 'Promotion' and constitute one of the four Ps of the
marketing mix which was popularized by Jerome McCarthy in 1964.
• Thus marketing communication refers to the various promotion tools used by marketers to exchange persuasive messages and
information to its target market and other public.
• The study of marketing communication, therefore, is the study of the promotion function of marketing. It is to be noted that
effective marketing function depends to a great extent on how effectively the company is performing its promotion function.
There are innumerable examples where companies through their effective communication are able to perform well in the market.
• For example, in the success of the following products and services the marketing communication function played a, significant
role: Nirma washing powder, Maggie noodles, Hero Honda motorcycles, to mention only a few.
• In the same -lay ineffective marketing communication was responsible for the below average performance of some products
despite their good quality and competitive prices.
• With the tremendous increase in the competition in the market place and the variety of products and brand choice available to the
consumers it has become all the more necessary for the marketers to come out with persuasive marketing messages of the right
kind to the right group of target market.
The main objectives of marketing communication are:
• If you know what is marketing communication, you will know that businesses have a plethora of marketing communication
channels at their disposal. Understanding and utilising the appropriate channels may significantly influence the success of your
marketing efforts. Here are some key types of marketing communication channels to consider:
• Advertising: Advertising is a time-honoured but effective commercial communication medium. It entails promoting products,
services, or brands by paid commercials in various media formats, including television, radio, print, outdoor billboards, and
internet platforms. Businesses may use advertising to reach a big audience and raise brand awareness.
• Public Relations (PR): Public relations focuses on managing and enhancing the reputation of a brand or organization. PR activities
include media relations, press releases, events, sponsorships, and crisis management. PR helps build positive relationships with
the public, media, and stakeholders, ultimately influencing public perception and brand image.
• Direct Marketing: Direct marketing entails interacting with the target audience directly through personalised communications.
Knowing what is integrated marketing will help you understand that direct marketing may be accomplished by direct mail, email
marketing, telemarketing, and SMS. Businesses may use direct marketing to reach particular individuals or groups and measure
response rates to improve campaign performance.
• Social Media: Social media has emerged as an essential tool for advertising and marketing communication in the digital
generation. Platforms with Facebook, Instagram, Twitter, LinkedIn, and YouTube enable groups to interact with their customers,
share content material, run targeted ads, and create brand loyalty. Social media permits real-time interactions and stimulates the
advent of consumer-generated content material.
• Content Marketing: Content marketing involves developing and delivering valuable, relevant, consistent material to attract and
maintain a specific audience. Blog posts, articles, videos, podcasts, infographics, and ebooks are all examples of this. Content
marketing strives to educate, entertain, or solve issues, positioning organisations as industry thought leaders.
Developing an Integrated Marketing Communication (IMC) Strategy
• Integrated Marketing Communication (IMC) is a strategic approach that ensures all
marketing communication efforts work together cohesively to deliver a consistent and
unified brand message. Here are some critical steps to develop an effective IMC strategy:
• Set Clear Objectives: Identify the goals you want to achieve through your marketing
communication efforts. These objectives include increasing brand awareness, driving
sales, improving customer engagement, or launching a new product. Clear goals provide
direction and help measure the success of your IMC strategy.
• Identify Your Target Audience
• Understand your target audience’s demographics, preferences, behaviours, and needs.
This information will guide your communication message and channel selection.
Segment your audience to create personalized communication that resonates with each
group.
• Define Your Key Messages: Craft key messages that align with your brand identity and
resonate with your target audience. These messages should convey your unique value
proposition, address customer pain points, and differentiate your business from
competitors. Ensure consistency across all communication channels.
Developing an Integrated Marketing Communication (IMC) Strategy
• Having a great product available to your customers at a great price does absolutely nothing for you if your customers don’t
know about it. That’s where promotion enters the picture: it does the job of connecting with your target audiences and
communicating what you can offer them.
• What Is Marketing Communication?
• Defining marketing communication is tricky because, in a real sense, everything an organization does has communication
potential. The price placed on a product communicates something very specific about the product. A company that
chooses to distribute its products strictly through discount stores sends a distinct message to the market. Marketing
communication refers to activities deliberately focused on promoting an offering among target audiences. The following
definition helps to clarify this term:
• Marketing communication includes all the messages, media, and activities used by an organization to communicate with
the market and help persuade target audiences to accept its messages and take action accordingly.
• Integrated marketing communication is the the process of coordinating all this activity across different communication
methods. Note that a central theme of this definition is persuasion: persuading people to believe something, to desire
something, and/or to do something. Effective marketing communication is goal directed, and it is aligned with an
organization’s marketing strategy. It aims to deliver a particular message to a specific audience with a targeted purpose of
altering perceptions and/or behavior. Integrated marketing communication (IMC) makes this marketing activity more
efficient and effective because it relies on multiple communication methods and customer touch points to deliver a
consistent message in more ways and in more compelling ways.
• Concept of Integrated Marketing Communication
• Marketing communications is a management process through which
an organization engages with its various audiences. Through
understanding an audience’s communications environment,
organizations seek to develop and present messages for their
identified stakeholder groups, before evaluating and acting upon the
responses.
• By conveying messages that are of significant value, they encourage
audiences encouraged to offer attitudinal and behavioral responses.
Marketing Mix
• Marketing mix is a set of tools which is used by the marketer to (for) satisfying the need and
wants of the customers’. It mainly includes; Product; Price; Place and Promotion.
• Promotion: Promotion is an activity of marketing through which the marketer try to promote
their goods and services among the prospective group of customers. The promotional mix of an
organization includes various elements through which the products are promoted among the
consumers.
These elements include:
• Advertisement
• Sales promotion
• Personal selling
• Publicity
• Public relation
• Direct marketing
• When the marketer collectively uses all the tools or elements of promotional mix to promote the
goods and services is termed as integrated marketing communication. Introduction, Concept and
Objectives of IMC
Need of Communication in Marketing
• What is IMC need in marketing? To answer this question first we need
to understand the simplest marketing system, through which the
answer will be depicted itself.
• The above figure demonstrates that an organization or a firm collects
necessary information about customer needs and wants as well as
demand with the help of marketing research and others means, then
they produces all such goods and services to sell them to the
customers in the market place. This is the stage where the
communication or marketing communication takes place a vital role.
• Through which the marketer inform the customers about the
available goods and services and try to create an image for their
product and services through positive association with customer’s
feelings with their products and services.
Process of Marketing Communication
• The process of marketing communication is an extension of the process of communication;
• In general communication is a process of sharing idea, thoughts, message and suggestion by one person to another person,
which involves following main elements :
• Idea/ Message: the idea or message is called the subject matter in the communication process because without the subject
matter the process of communication cannot be initiated.
• Sender: the person who initiates the process of communication is called a sender. The sender usually send the message to the
receiver.
• Encoding: is the process of converting the message into meaningful symbols is called encoding. Here the sender convert the
message into words, picture, symbol or any other form, which could be easily understandable for the receiver. This element of
communication is very much important for the both the sender and receiver.
• Medium: medium refers to the channels or methods through which the sender send or pass the message to the receiver.
• Decoding: the process of understanding the message from the side of receiver is called decoding.
• Receiver: the person who receive the message send by the sender is called receiver.
• Feedback: the response of the receiver on the message of sender is called feedback.
Marketing Communication Mix
• Generally, marketing communication mix is an integrated term that
includes personal selling, direct response marketing, sales promotion,
media advertisement, and public relations.
Meaning of Advertising Management
• ADVERTISING MANAGEMENT
• Introduction
• The advertising management has emerged as a new discipline where
the study of planning, organizing, directing and decision making is
learnt. Various principles, objectives, techniques, and strategies of
advertising have been developed and with the study of those
techniques, a successful and effective advertising campaign may be
carried out.
• Definition
• According to American Marketing Association, “Advertising is any
paid form of non- personal presentation of ideas, goods or services by
an identified sponsor”
Classification of Advertising