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Summary Marketing communications a european perspective, sixth edition $6.43   Add to cart

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Summary Marketing communications a european perspective, sixth edition

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Marketing communications. Sixth edition and all chapters.

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  • Every chapter except for chapter 12
  • January 29, 2019
  • 83
  • 2018/2019
  • Summary
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Chapter 1 Introducton

Marketng communccaton
All instruments by means of which the company communicates with its target groups and
stakeholders to promote its products or services.

 Persuades and informs consumers and potental consumers and stakeholders: persuade in
liking, creatng awareness
 Reinforce the relatonship between an organizaton and it audiences
 Can diferentate the ofering from one company or brand from those of others

Communccaton cnstruments anything to promote a product that is initated by a brand:
(sponsorship, direct mail)

Marketng communccaton
Main pillars of marketng communicaton:

 Advertsing
 branded content

Health communccaton deals wcth dcscouragcng the use of a product and not promotng a product.

Marketng(Not marketng communccaton!)
Marketng is the process of planning and executng the concepton, pricing, promoton and
distributon of ideas goods and services to create and exchange value, and satsfy individual and
organizatonal objectves.
 consist of all kinds of actvites to promote a products: design, pricing, promoton,
distributon(Marketng mix: 4 p’s)

 Product: what are you selling? What is the beneft of the watches, what are the qualites
 marketng communicaton in this case looks at how to persuade people to buys this
product.
 Core product: unique beneft that is being marketed, unique place in mind of consumer.
 Tangible product: product features (quality, optons, design, packaging, branding)
 Augmented product: service layer (services, warrantes)
 Price: strategic instrument (discount)
 marketng communicaton
 List price: official price
 Price cuts are efectve way to atract consumer but also means losing margin and profts.
 Where is your product placed: process of bringing the product from the producton to the
costumer. This involves
 Transportng the product
 Selectng wholesalers and retailers
 Deciding on which kind of assortment the product is distributed in
 Co-operaton between company and distributon channel
 Logistcs
 Inventory
 locatons
 Promoton: all forms of how the company communicates with its target groups and
stakeholders to promote its products or the company as a whole

,Marketng communccaton cnstruments

 Advertsing: non-personal mass communicatons using mass media, the content of which is
determined and payed for by a clearly identfed sender. (TV, radio) (Domino’s: powered by
pizza)
 One-way street: you are not asking for this informaton, but you are stll given the
informaton.
 Company pays for it.
 Sponsorship: investment in cash or kind(tme, efort, services, knowledge) in an actvity, in
return for the exploitable commercial potental associated with this actvity.
 Two-way street: helps both the brand and the event. (Max Verstappen and Red Bull, they
both have advantages from it)
 Building brand awareness or reinforcing an brand or image
 Public relatons: all the communicatons a company instgates with its
audiences/stakeholders
 Two-way street: Company is interested in providing informaton of the company and
receiver is interested in this informaton.
 Company does not pay for it(indirect): No complete control of the informaton they hope
bloggers drop it into the world that creates press for them.
 Direct marketng: personal and direct way to communicate with costumers and potental
clients. Personalized way of targetng individual people or personalizing the message to
individual people (tele-marketng).
 Brand-actvaton: actvate consumers by stmulatng interest, product trial, consumer loyalty
(e.g. through personal sales)
 Aim is not necessarily have them buy something but to try something (creatng an
experience) you get them to be interested
 Create interacton between consumer and the company
 Having personal contact between consumer and product ( trial stands, trying out a car,
personal selling)
o Sales promotons is part of brand-actvaton: sales-stmulatng campaigns (coupons,
free trials, subscribing= free product)
 Not always personalized
 Stmulatng sales through campaigns
o Point-of-purchase communicatons (part of branded actvaton): deals with every
type of communicaton at a point of purchase (displays in supermarket, advertsing,
merchandising, bonus shelves)
 Online communicaton: communicate interactvely with costumers/stakeholders through the
internet/mobile devices/social media (internet banners, Twiter or Facebook account, advert
games)
 Two-way street: you ask for informaton as consumer
 Trade fairs: of great importance for contactng prospects, users and purchasers

,Personal vs. mass communccaton
Selectve percepton: how likely people are to atend the message (whether they ignore the message
or not)




Personal communccaton: a message directed to certain known and individually addressed persons
Mass communccaton message directed at a number of receivers who cannot be identfed, using
mass media to reach a broad audience.

Image or theme communccatons(above-the-lcne communccatons) advertser tries to tell the target
group something about the brand or products and services ofered.

 To improve relatons with target groups
 To increase customer satsfacton
 To reinforce brand awareness an preference
 Positve infuence on behaviour of target group

Acton communccatons (below-the-lcne communccatons) infuence the buying behaviour of the
target groups and to persuade the consumer to purchase the product.

 Stmulate purchases

Integrated marketng communccaton
a concept of marketng communicaton planning that recognizes the added
value of a comprehensive plan that evaluates the strategic roles of
a variety of communicaton disciplines e.g., general advertsing,
direct response, sales promoton and public relatons, and
combines these disciplines to provide clarity, consistency
and maximum communicaton impact.
 you should integrate all these instruments to give an
clear and consistent message.

 Communicatons instruments are combined
in such way that they reach a synergetc
efect and the resultng
communicatons efort becomes
homogeneous
 Marketng instruments have to
be combined in such way that
the company’s ofering is
consistently marketed.

, all marketng instruments have to work in the same directon and marketng mix
instruments have to be designed in such way that the efects are reinforcing.

Perspectve of the reccpcent
Traditonal marketng, promotons and web/social media should be consistent and this creates
synergy.

 Synergy creates a bigger efect than the sum of its part (1+1=3)
 Integrate all you communicaton so you have one image to present to the consumer or potental
consumer

Successful IMC rest on the existence of a manager who has the authority to supervise and integrate
all the specialized communicatons functons of the organizaton.




Integraton wcth corporate communccaton
Corporate communicaton is the managements instruments to coordinate internal and external
communicaton in such a way that allows for an organizaton to acquire and retain the desired
reputaton with the most important target groups/stakeholders.
 main objectves:

 Defne a corporate identty that is in line with the corporate strategy
 Reduce the image-vision gap (image that stakeholders have vs. the desires identty)
 Organise and control the implementaton of all the communicatons eforts of a company, in
line with the two above mentoned principles.

Corporate personalcty commonly shared understanding of the organizaton’s distnctve values and
characteristcs
Corporate cdentty the way the company chooses to present itself to its relevant target audiences by
means of symbolism, communicatons and behaviour
Corporate culture the deeper level of basic assumptons and beliefs that are shared by members of

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