Notes
Communicating Value
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Marketing Communications is used to communicate elements of an organisation's offering in order to engage a target audience
Elements of Marketing Communications
Engagement - what the the audiences communication needs, and is it possible to engage with them on their own terms?
Audiences - What specific audiences do we need to communicate with and what are their various behavior and information processing needs?
Responses - What are the desired outcomes of the communication process?
DRIP - The Tasks of MC
Differentiate - stand out
Reinforce - remind customers about a brand
Inform - awareness
Persuade - encourage sales
3 Main models of Communication
Linear Model
Two-way Model
Interaction Model
Personal Influencers
Opinion Leaders - belong to same peer group. More self confident and confident in their role
Opinion Formers - do not belong to the same peer group as the people they influence e.g. teacher (formal)
Word of Mouth - very significant marketing communication tool
5 Core Tools
Advertising
Sales Promotion
Public Relations
Direct Marketing
Personal Selling
Role of MC Mix
Original used to persuade customers in short term to buy
Now to facilitate communication with wide range and on broader range of issues
New goals such as developing understanding and preference
Can be used to developed relationships between key suppliers and consumers
Advertising
Non-personal form of communication
Obvious sponsor pays for message in media
Used to influence demand and manage perceptions
Engage audiences in a format suitable to them
Sales Promotion
Offers an incentive to buy now rather than later
Accelerate sales
Used extensively
Integrated with other tools
Public Relations
Activity used to shape attitudes and opinions held by an organisations stakeholders
Project mutual goodwill and understanding
Low cost e.g. events and sponsorship
Direct Marketing
Management of customer behavior
Refers to all media based activities
Goal to reach target audiences, with personalized messages
Collect consumer information
Examples are telephone, internet, direct mail
Personal Selling
Concerns interpersonal communication and the role is largely of representation
Messages can be adapted to the requirements of both parties, who meet face to face
6 Classes of Media
Print Media
Broadcast
Outdoor
In-store
Digital
Other e.g. Cinema and ambient
Two Types of Message
Information Based - Factual
Emotion Based - Sensory
2 Theories of Advertising
Strong Theory - Persuasion occurs by moving passive buyers to purchase by easing them through a series of steps
Weak Theory - Advertising is used to maintain awareness and provide reassurance.
Changing Media Landscape
Two way media
More responses from consumers
New Page
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- Introduction to Marketing (Communicating Value) Note on Communicating Value, created by SHMcClure on 01/05/2013.
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- SHMcClure
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