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Marketing
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The Marketing Communication Process
Overview
Communication
• Defined as passing of information, the exchange of ideas, or the process of establishing a commonness or oneness of thought between senders and receiver.
Fig 4.1, Duncan 2005
Basic Communication Model
Communication Feedback Models
Source/Encoder Ø Is the person or organisation that has
information to share with another person or group.
Encoding Ø Leads to development of a message that
contains the information of meaning the source hopes to convey.
Channel/Message Ø Is the method which communication travels from the
source or sender to the receiver Ø Personal channels – direct interpersonal Ø Non-personal channels – mass communications
Decoding Ø Process of transforming the sender’s message back into
thought Ø Influenced greatly by the receivers frame of reference
(perceptions, attitudes and values)
Communication Feedback Models
Receiver Ø Is the person(s) with whom the sender shares
thoughts of information. Noise
Ø External factors that create unplanned distortion Feedback
Ø Receivers respond by hearing, seeing or reading
Ø Feedback is sent back to the sender
Communication Feedback Models
Analysing the receiver
Who is our target market
• Must know how your market will respond to various sources of information and message types
Levels of Audience Aggregation
The Response Process – Model of Response
Implications
1. Delineate the series of steps potenial purchasers must be taken through
2. Potenial buyers may be in different stages of the hierarchy creating problems.
3. Useful for promotional planners
The FCB Planning Model
Aim: to improve the way your brand is positioned in the consumer’s mind thereby giving you a better return on your advertising dollar by:
1 Decide on the degree of involvement 2 Decide on the degree of thinking/feeling experienced
by the consumer prior to purchasing 3 Place your brand on the Grid 4 Plot your competitors (cluster or not?) 5 Is current strategy right or need improving? 6 Player with the best position wins!!
The Foote and Cone & Belding (FCB) Grid
The Cognitive Response Approach
• Cognitive responses are the thoughts that occur to audience when they read, view and / or hear communication
• Looks at the type of responses evoked advertising messages
• Three types of cognitive responses
The Model of Cognitive Response
The Elaboration Likelihood Model (ELM)
• Addresses the differences in the way consumers process and respond to persuasive messages.
• High and Low elaboration when it comes to information processing
The ELM Model
Summarising the response process
• Individual responses to advertising are mediated or filtered by factors such as Ø motivation Ø ability to process information
• Advertising should be evaluated using three dimensions Ø Product category Ø Stage of life-cycle Ø Target audience Ø Competition Ø Impact of marketing mix components
Value of Objectives
• Communication – Objectives facilitate coordination of various
groups working on the campaign • Planning and Decision Making
– Specific promotional objectives also guide the development of IMC plan.
• Measurement and Evaluation of Results – Objectives act as a benchmark for success or
failure of the campaign and can be measured
Comparison of Marketing And Communication Objectives
Marketing • Sales volume • Market share • ROI • Profit
Communication • Market segments the
company wants to target • The products FAB • The companies and
competitors brands. • Ideas on how the brand
should be positioned
Objectives may not be sales related
Oral Care – Sales Focus
Sales versus Communication Objectives
• To many companies the goal is SALES • Companies have increased pressure to
make agencies more accountable for their performance.
• Some have developed ROI information • Sales decline is not attributed to less
advertising spend • May be due to other marketing mix variables
Setting objectives Aw
aren
ess
Time
Raise Awareness
Enhance Recall & Action
DAGMAR: Defining Advertising Goals for Measured Advertising Results
1. Awareness – making the consumer aware of the existence of the brand
2. Comprehension – developing and understanding of what the product is and what it will doe for the consumer
3. Conviction – developing a mental disposition in the consumer to buy the product.
4. Action – getting the consumer to purchase product
Fosters Positioning Campaign
Australian For Beer Australian for Board Meeting
1. Strengthen the brands image
2. Mamimise brand presence
3. Broaden the market base
4. Increase sales
A framework for studying how advertising works
Summary
• IMC is based on basic (persuasive) communication theory
• Understanding consumer response • Allows communication objectives to be set
by considering response models.
You are welcome to contact Nigel Bairstow at B2B Whiteboard your source of B2B Asia / Pacific marketing advice http://www.linkedin.com/pub/nigel-bairstow/6/41b/726
http://twitter.com/#!/b2bwhiteboard