Lecture 1 Flashcards
(73 cards)
1
Q
IMC initial definition
A
a movement to have marketing and comms speaking with one voice
2
Q
Expanded IMC definition
A
the coordination of promotional mix elements (ie ads, PR, etc) with each other and with other elements of brands’ marketing mix (product, place, price) so that all elements speak with one voice - relies on successful execution across all platforms/channels creating a synergetic communications effect to maximize impact on intended target.
3
Q
IMC Plan Cycle
A
IMC plans can cover as little as one month - all about the nitty-gritty/tactical elements. Marketing plans are annual
4
Q
ROI
A
return on investment
5
Q
KPI
A
key performance indicators
6
Q
Why IMC?
A
- shift in consumer media habits
- mobile comms is primary
- Database management techniques and CRM (Customer relationship management)
- higher demand for efficiency/streamlined accountability - ROI is crucial
7
Q
CRM
A
Customer Relationship Management –aka the database you’re using. Can be a verb OR a noun
8
Q
IMC Key Features:
A
- Begin with customer
- relevant contact
- single voice
- build relationships, not flings
- focus on ultimate objective
9
Q
Begin with customer (IMC key feature)
A
what are the best comms and channels for this segment?
10
Q
Relevant contact (IMC Feature)
A
aka which touchpoint most appropriate?
11
Q
Speak with single voice (IMC key feature)
A
coordinate messages and positioning statements
12
Q
Relationships over flings (IMC features)
A
less expensive to keep a customer than get a new one ie use loyalty programs
13
Q
Focus on ultimate objective (IMC feature)
A
main goal = affect behaviour
14
Q
Heuristics
A
Trial and error but based on previous experience
15
Q
Mar-Com Objectives
A
- informing
- Persuading
- inducing action
16
Q
informing (mar-com objective)
A
this objective needs a less individualized approach
17
Q
persuading (mar-com objective)
A
this needs more individualization, especially when geared towards potential customers and those loyal to other organizations
18
Q
inducing action (mar-com obj)
A
want action sooner rather than later
19
Q
Communications
A
the process where commonness of thought is established and meaning is shared b/w Ind or b/w ind and orgs - the transmission, receipt, and processing of info b/w sender and receiver
20
Q
Marketing
A
the process of planning/executing the conception, pricing, promotion, and distribution of ideas/goods/services to create exchanges to satisfy ind and org objectives - aka everything a company does to move product/service from supplier to consumer
21
Q
Marketing Mix 4 Ps
A
product, price, place, promotion
22
Q
AIDA (influencing consumer behaviour)
A
Attention, Interest, Desire, Action
23
Q
ACCA (influencing consumer behaviour)
A
Awareness, Comprehension, Conviction, Action
24
Q
Types of Media
A
Earned, paid, owned
25
Earned media
customer becomes the channel - role is to listen and respond, most credible but least control over it
26
paid media
brand pays for it, role is to shift from foundation to a catalyst to create earned media - provides immediacy and control but lacks credibility and exists in clutter
27
Owned media
channel a brand owns ie website - role to build longer-term relationships with existing/potential customers - cost effective, long term, niche audiences but not as trusted and take time to scale
28
IMC Tools/Promotional mix
Advertising
PR
Sales promo
Personal Selling
Digital marketing/SM
Direct Response
*all lead to target market
29
Advertising
paid, mediated form of comms from identifiable source
designed to persuade receiver to take action, now or in future
30
Advertising Benefits
large audience
cost effective
builds brand equity
drives to other comms form
flexible
31
Two advertising types
Product (ads that help build image of product/org in minds of customers)
Promotional (ads communicating specific offer to encourage immediate response from large audience)
32
Public Relations
comms primarily directed to gain public understanding/acceptance - placing messages in media requiring no payment - offers legitimacy , crisis management
33
Publicity
non-personal comms regarding org, product, service, or idea not directly paid for or under identified sponsorship
34
Sales promotion
all promotional activities that stimulate short-term behavioural responses from:
1. Consumers
2. Trade (distributors, retailers)
3. Sales force (when consumer-oriented = pull, when trade-oriented = push)
35
Trade Promotion
campaigns directed at wholesalers/retailers rather than final consumers. Influential and includes:
trade allowances (price reduction for distributors)
Performance allowances ($ to distributor to push product to retailer)
Cooperative ad allowances (cost sharing on flyers)
Dealer premiums (additional free merchandise)
Collateral material (visual aids)
dealer display material (POP materials, display racks etc)
36
Personal Selling
paid person-to-person communication
server determines needs/wants of prospective buyers and attempts to persuade buyers to purchase products/services
sale = objective
face-to-face or telephone
37
Digital Marketing
ad on website, via email, or through cell
interactive - allows for back and forth flow of info
users can participate in/modify form/content of info they receive instantly, including making purchases
38
Direct Response Communications
delivery of message to target audience of one
org communicates w target audience to generate response and/or transaction
ie. telemarketing, direct mail, etc
39
IBP
Integrated brand promotion - follows IMC - ensures brand message is consistent t/o marketing - focuses on promotion of brand (IMC focuses on Strat coms)
40
IMC v IBP
IBP = promo tools to have coordinated approach to build/maintain brand awareness/identity/preference
IMC = promo tools in strategic/unified way to synergistic comms effect is created
41
IMC Industry Structure
Advertisers
Ad/promo agencies
External facilitators (research firms, etc)
Media organizations
Target audiences
42
Advertising agenceies
service orgs responsible for creating/planning/producing/placing ads for clients
Can be:
Full service (complete range)
or Creative Boutique (pick and choose services)
43
Agency services
account service (work w client/develop plan)
marketing research (account planners work to locate relevant studies)
creative and production (creative concept to final implementation)
media (media planning/buying)
44
Client Agency Relationship
Client responsibilities – background info, budge, coordinating ad strategy w marketing comms strategies / monitoring / evaluating
Agency responsibilities: provide experience/expertise, planning assistance to solve marketing problems, ad strategies, conducting research
45
Agency Team
account exectutive
Account supervisor
Art Director and Copywriter
Media Planner and Media buyer
*can't have competing accounts, info is all confidential
46
Agency of Record
larger companies use multiple agencies but have to designate one as AOR - the central agency responsible for media negotiations and the main point of contact
47
Account director
guides agency management of client accounts - leader
48
account supervisor
client service, planning, account manager leadership
49
account manager/executive
day-to-day contact
product planning
budget control
advertising plan prep
strategic advice
keep client happy
motivate resources to turn out best work/solve client problem
50
Green advertising
address biophysical environment
promote green lifestyle
present image of environmental responsibility
51
Packaging Responses
recyclable bottles
polystyrene to paperboard
plastic to cardboard
smaller packages
52
Seal-of-approval programs
designed to assist consumers to id environmentally-friendly products/brands ie green seal of approval, Germany's blue Angel, 100% recycled paperboard
53
Point-of-Purchase Programs
closer consolation with retailers about POP needs - fewer unused/discarded displays, more permanent displays = less trash, billions saved
54
Appropriate environmental claims
make specific, substantive/supportable claims which reflect current disposal options
55
Green example areas
environmental benefits
degradable/biodegradable/photodegradable/compostable
recyclable
recycled content
source reduction
refillable
ozone safe/friendly
56
Ethical issues in IMC
privacy
sex in ads
dangerous/disturbing ads
misleading ads
exaggerated green claims
targeting children/minors
cultural diversity
57
The competition Act
regulated by competition bureau
maintains/encourages competition
equal opportunity for small business (regulating business and marketing/advertising)
provides consumers with product choice/competitive pricing
58
Competition Bureau
federal government independent agency
ensures Canadian business/consumers competitive/innovative marketplace
headed by commissioner of competition
administrates competition act, consumer packaging and labelling act, textile labelling act, precious metals marketing act
59
CRTC
Canadian Radio-Television and Telecommunications Commission
independent public authority
regulates/supervises Canadian broadcasts
imposes fines, limits/denies station's application for license renewal
governed by broadcasting act (1991 - content regulations around Canadian talent and cultural diversity) and telecommunications act (1991 - replaced railway act of 1906 to ensure reliable services, protect privacy, Canadian media)
60
CRTC Areas
signal substitution (Canadian ads while in Canada)
advertising limits (12 min/day excluding PSAs)
infomercials (12min+ ads need approval)
regulates 5900+ media orgs
61
ASC
Advertising Standards Canada - creates/maintains community confidence in advertising
mission is to ensure integrity/viability of ads through self-regulation
Canadian Code of Advertising Standards
62
Canadian Code of Advertising Standards
set by ASC - addresses:
accuracy/clarity
disguised ad techniques
price claims
'bait and switch"
guarantees
comparative ads
testimonials
professional/scientific claims
imitation
safety
superstitions/fears
ads to minors
unacceptable depictions/portrayals
63
IABC
International Association of Business Communicators
12 articles of ethics based on three principles – that professional comms is legal, ethical, in good taste.
Members must be legal, ethical, sensitive to cultural values/beliefs, truthful, accurate, fair
64
CASL
Canadian Anti-Spam Legislation (July 1 2014) - can't send Commercial Electronic Message (CEM) w/o implied/explicit consent
New rules in 2015 - can't install software on someone's device w/o consent.
Doesn't apply to non-commercial activity, robocalls, broadcast messaging inc tweets/posts
65
CEM
Commercial Electronic Communication.
purpose to encourage participation in commercial activity
to send with content = must identify self, provide contact method, provide unsubscribe method (functional, free, accessible, link, process quickly)
66
Implied Consent (CASL)
time-limited (2 years) from start of relationship ie product purchase
obtained via conspicuous publication, disclosure, existing business relationship, existing non-business relationship
67
Conspicuous Publication (implied consent)
info published in plain sight ie website/trade magazine
68
Disclosure (implied consent)
info given to you ie via business card/address - implied consent to send them messages related to their work
69
Existing business relationship (implied consent):
person has made a transaction/inquiry/application/written contract for purchase or barter of products/goods/services
70
Existing non-business relationship (implied consent):
person is member of organization or has provided volunteer work/donation/gift
71
CASL Express Consent
to send CEMs after 2 years of implied consent, must obtain express consent from customers – valid consent is given in writing or orally - must be explicitly indicated
72
CASL Record Keeping
keep records of obtained implied/express consent - you have the onus to prove consent eg keep electronic copy of business card, express consent responses, recording of oral confirmation
73
ECPA
Electronic Commerce Protection Act - considering changes including:
definition of CEM
provisions related to consent
definition of electronic address
application to charities and non-profits
CRTC increasing education efforts
re-examine PRA - damages should be based on proof of tangible harm
