Integrated Marketing Communications
Integrated marketing communications is also known as IMC.
IMC is important all over the world and ensures that all communications a
company uses are linked or integrated together. The goal is to integrate all
the promotional tools so that they all work cohesively. An example would be a
company promoting a new logo strategy through multiple media (print, tv, web,
social medias). Each approach will be different for that specific medium, but
they are all directing the audience to the same exact message. The saying goes
“two is better than one”, the tools work better when they are working all
together. Workings alone or in isolation from the other tools does not get the
job done as well or at all.
Integrated Marketing
There are levels of integration that can take place beyond
the obvious/usual communication tools. There are five in total and they help
strengthen integrated communications.
Horizontal: happens across marketing mix and business
functions. This approach to marketing brings together different departments
that may be working on the same initiative but in different ways.
Data: requires a marketing information system, and it
collects and shares relevant data to different departments.
Vertical: the objectives for marketing and communications
have to support the higher level corporate objectives and missions. This
strategy demands that a product being developed fits in with corporate policy
as well as the structure of the company.
Internal: this requires internal marketing and requires that
all the staff involved is kept up and informed as well as motivated about any
new projects, partners, and standards. This ensures that employees are happy
and excited about new products being developed.
External: this requires external partners who can work
closely together to deliver a solution. The outside agencies are then tasked
with designing and developing the most effective strategies for the firm that
contracted them. Outsourcing can be beneficial when a firm wants to get a
different perspective from experts who are not connected to the firm and are
likely more objective.
There are more marketing channels now than ever before and
different channels can be lead and directed by different people. Integrated
marketing strategies help pull all of a brand’s message points together into
one cohesive whole to ensure that the message is not disjointed and confusing.
In the world of today, customers are constantly overloaded with information and
news daily, IMC relay one clear message regardless of what channel is actually
being used.
What are the benefits?
IMC can create a solid competitive advantage for businesses
around the world. It can also boost sales and profits, and save money, time and
stress for companies. Integrated marketing strategies have been proven to be
reliable because fusing modern and traditional marketing guarantees that
communications incorporate the best of both worlds.
IMC not only benefits companies, but also consumers. IMC
wraps communication around customers and helps them move through various stages
of the buying process. The company is able to build a bond with its customers
this way. This can be considered relationship marketing which is extremely
important for customer relationships.
This relationship marketing creates a bond of loyalty with
customers, this helps “protects” them from competition. Being able to keep a
customer is a huge competitive advantage, especially if they are a customer for
life. In order to keep these customers for life, using IMC can create more
avenues to help customers become aroused, more aware, and to make a purchase.
What are the barriers?
Yes, IMC has amazing benefits, but not everything is
perfect. There are barriers that IMC has to deal with on a regular basis. Some
of the restricting barriers include: resistance to change, restrictive
creativity, time scale conflicts, communications of problems with a wide
variety target market, and lack of management knowledge.
IMC strategy has previously stated, restricts
creativity, this means that there isn’t anymore “wild” sales promotions unless
it fits into the strategy. The creative challenge may be much more satisfying
when it is operated within an integrated and creative brief. Time barriers are
extremely common. An example of this would be that image advertising is made for
long term, this could conflict shorter term advertising promotions or sales
designed to boost quarterly sales. If the two are planned carefully, they can
be successful but it is not always comm
 
 
 
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