“Critically evaluate the concept of integrated marketing communications (IMC). Include in your discussion the impact of interactive marketing communications and the emerging role of digital media and digital technology.” Submitted By:
Name - Sanchi Tayal
Student ID – 1034761
Course Title – MBA (Marketing)
Lecturer Name – Mr.John Staunton
Subject Title – B9MK106 Integrated Marketing Communications in a Digital Age
Assignment Title – Individual Essay (3000 words)
Table of Contents
1. Executive Summary……………………………………….....................3
2. Concept of Integrated Marketing Communications(IMC)……...............4
• What is Integrated Marketing Communications
• Components of
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It guarantees that all forms of communications and messages are prudently linked together. At its most straightforward level, IMC, means assimilating all the advertising tools, so that they work together in agreement. Promotion is one of the Ps in the marketing mix. Promotion has its own mix of communications tools. All of these communications tools work better if they work together in agreement rather than in segregation. Their sum is more than their parts – providing they speak constantly with one voice all the time, every time. This is improved when assimilation goes beyond just the simple communications …show more content…
The old approaches, principles and strategies of marketing and selling a product are no longer effective in today’s world. Innovative techniques and expertise have developed on the surface of the business ground and have become well-known for current marketing policies. One of the fundamental strategies is Integrated Marketing Communications which is presently in practice by all giant multinationals and it’s playing a vigorous role in improving business approach.
• In Marketing Process
The role of IMC is becoming vital due to denationalization, liberalization and globalization of Developing economies. The Worldwide environment is assuming larger importance than the domestic environment of maximum companies.
The prime purpose of IMC is to inform, influence, and prompt the target customers about the exclusive benefits of products and services prevailing in the
Throughout history, migrants had to meet a specific standard of living, particularly satisfying the means of society, in this case, assimilation. However, throughout time, assimilation developed numerous critiques which allowed integration to overtake this basis. Assimilation, according to the straight line classic assimilation theory, is the ongoing fact that individuals need to assimilate into the receiving country to a core culture of white Anglo Protestant, which will allow them for uncomplicated movement. Under these circumstances, assimilation is unidirectional. On the other hand, integration states that assimilation is not necessary for manageable movement in the receiving country.
It is creating a dialogue with customers and potential customers. There are various ways to use interactive marketing such as search engine marketing, video marketing, email marketing. Building a competitive web presence is very important. Engaging the customer. We can create blog and update it regularly.
Assimilation: the process of taking in and fully understanding information or ideas. This is a common topic throughout both "Response to Executive Order 9066" and "Mericans", two stories about other cultures blending into American culture. Both stories focus on the toxicity of American culture and the racial divide between people. Even though the main characters in both texts have completely assimilated into American culture, they are still treated like outsiders and considered foreign, whether they grew up in the US or not. Although the stories diverge in terms of circumstances, tone, and mood, both generally reflect on the negative impact of American culture and how it has affected the lives of immigrants.
In Love Medicine Louise Erdrich shows the efforts of assimilation. Many characters tried assimilation, with varying degrees of success and failure. Assimilation could be considered another form of “nature vs. nurture.” In theory, assimilation sounds like a good idea, of lets all fit in together, but it has the condion of as long as you fit in with us.
Know Your Business Environment Unit No. 1: The Business Environment Pervez Ghazi Shaikh Date Submitted: 31/10/2016 Carl Loraine Cruz 20154176 Target is the organization that I have chosen for this assignment. Target is a famous discount retailer in United States that was founded by George Dayton. It was formerly called Dayton’s Company in 1910.
(Tan 84). Peoples' communicating leads to the spread of different ideas. Language connects societies figuratively and literally. Culture and language influence people extensively which allow people to be susceptible to miscommunication when a barrier is too vast. Familial relationships disrupt from language barriers.
Economic benefits further advance the global economy, “Businesses can communicate efficiently and effectively with their partners, suppliers, and customers and manage better their supplies, inventories, and
Mobile marketing will play a major role for future marketing strategies, because it may establish it as an important channel to reach and interact with consumers, may give rise to a higher level of emphasis placed on the use of mobile devices in the marketing
Task One Audit 1.1 Gflock’s three largest customer groups and their relative importance to the organization “Segmentation is the process of grouping customers in markets with some heterogeneity into smaller, more similar or homogeneous segment to target with a distinct Marketing Mix”. (Smith, 1956). The table below demonstrates the company’s five main customer groups out of which the Misses, Ladies and Mistresses were chosen as the key customer groups respectively according to the percentage of the market and their monthly income. (Table 1.1) Teens Misses Ladies Mistresses Madams Demographic Age 14-17 years 18-21 years 22-28 years
However, choosing the appropriate technology is essential to the success of the advertising industry because different markets prefer different ways of conveying information. The use of applications in phones or e-commerce to order goods and services all over the world may be appropriate to a certain market, but media may be appropriate to an illiterate market (Porter, 1998). The development of smart phones is also an added advantage to the development of marketing activities in the advertising industries. For instance, in Singapore China the Taxi industry uses the application in the smart phones to access the consumers. Although the media are one of the appropriate medium to convey the adverts to the consumers,
AMITY UNIVERSITY, AMITY SCHOOL OF BUSINESS, NOIDA, UTTAR PRADESH PROJECT REPORT ON: “MARKETING STRATEGIES OF ‘CADBURY’-MONDELEZ INDIA” SUBMITTED TO: DR.SUPRIYA JHA ASB, AMITY UNIVERSITY, NOIDA, UP SUBMITTED BY: ADITI GUPTA BBA – CO7 A3906413041 SUMMER PROJECT REPORT ASB, AMITY UNIVERSITY, NOIDA, UP OBJECTIVES OF STUDY To study about the company’s marketing objectives. To study company’s variety of products. To overview company’s competitors. To study its marketing strategies: communication strategy, distribution strategy and pricing strategy.
First, from the beginning of the classes I was able to design and implement marketing/business strategies in particular areas only. After that, I am able to create long-term and mutually beneficial exchange relationships between an entity and the publics with it interact. Moreover, the strategic marketing analysis & planning process such as internal & external situation assessment, strategy formulation, positioning and marketing mix were taught during lessons in detail that integrated my marketing knowledge. And as a result I also became aware with a range of new issue of marketing management and the marketing tactics in particular that were resulted from the product and branding strategy. I found strategic marketing analysis and planning of this project more challenging than
Literature review Advertising has become a form of communication and a great source for promoting services and products for any business in the whole market because of its broader impact. The main idea of an advertisement is to get the attention of the consumers, build up the product’s strong image in their mind and provide information to help the consumer to make a purchase decision. So, the central focus in today’s diverse global marketplace is the consumer. Companies exert a lot of effort to find out the best ingredients that should be in an effective advertising and identifying its influence on the consumer’s mind, so effective advertising should be considered as one of the most important tools that strongly affect and can change the consumer’s buying behavior. The research attempts to investigate the impact of effective advertising on the consumer’s buying behavior.
2. Introduction Defining an effective Marketing Communication Plan and Communication Mix through a well researched strategy will not only help to reach out to potential customers, but it will also help to adapt and respond to the ever changing marketing environment. This report starts by examining the various promotional tools used by marketers in the marketing of their products and services, including the advantages and disadvantages of the tools. The report goes on to examine the meaning of Integrated Marketing Communication (“IMC”) and the importance of measuring the effectiveness of the Promotional Campaign.
Introduction At the start of this course, I had no idea what to expect. This is due to the fact that marketing is a field that offers a combination of so many different disciplines such as art, psychology, and statistics. I encounter marketing on a daily basis but have strangely enough not reflected too much about it. Nevertheless, it is a very interesting subject, which deals with promoting and selling services and products.