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THE PROOF IS IN THE PUDDING TIME TELLS ALL Its not only what you say, but how you do it IMC: WHERE EXPECTATION MANAGEMENT MEETS REALITY – PowerPoint PPT presentation

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1
  • THE PROOF IS IN THE PUDDING
  • TIME TELLS ALL
  • Its not only what you say, but how you do it
  • IMC WHEREEXPECTATION MANAGEMENT MEETS REALITY
  • Building Leverage into every opportunity
    ofcorporate contact

2
Marketing 261Integrated Marketing Communications
  • with Duane Weaver
  • Week 1 - Introduction

3
Todays Outline
  • Introductions
  • Overview of Course Outline
  • Overview of Course Text
  • Overview of Cases and Teams
  • Introduction to IMC Integrated Marketing
    Communications

4
Introductions - Instructor
  • Duane Weaver
  • B.Comm., M.D.Ed.(honours pdg.), IESNA
  • CEO 2Birds1Stone
  • Marketing, Business and Computer Applications
    Instructor
  • 20 years management experience (marketing)
  • Manufacturing, Wholesale and Retail experience
  • Enjoy sailing, soccer, cycling, golf and camping

5
Introductions - Students
  • Your name?
  • Something of interest about yourself?
  • Why are you studying IMC?What do you expect to
    learn from this course?

6
Course Text and supplements
  • Required Readings
  • Clow, K.E. and Baack, D. 2004, Integrated
    Advertising, Promotion, and Marketing
    Communications, Second Edition, New Jersey
    Pearson Prentice Hall.
  • Suggested/Supplement Readings
  •      Belch, G.E. and Belch, M.A. (2003),
    Advertising and Promotion An Integrated
    Marketing Communications Perspective, New York
    McGraw-Hill/Irwin.
  •      Blair, M., Armstrong, R. and Murphy, M.
    (2003), The 360 Degree Brand in Asia Creating
    More Effective Marketing Communications,
    Singapore John Wiley Son.

7
Suggested Supplemental Readings Contd.
  •         Hulbert, J.M., Capon, N. and Piercy, N.
    (2003), Total Integrated Marketing Breaking the
    Bounds of the Function, New York Free Press.
  •         Pickton, D. and Broderick, A. (2001),
    Integrated Marketing Communications, London
    Pearson Education.
  •         Schultz, D.E., Tannenbaum, S.I. and
    Lauterborn, R.F. (1993), Integrated Marketing
    Communications, Chicago NTC Publishing Group.
  •         Semenik, R.J. (2002), Promotion and
    integrated Marketing Communications, Ohio
    South-Western Thomson Learning.
  •      Smith, P.R. and Tylor, J. (2002), Marketing
    Communications An Integrated Approach, London
    Kogan Page.

8
Course Outline
  • Case based course.(Teams and Individual)
  • (Lecture/Case Presentation/Discussion)
  • See Handout

9
Overview of Cases and Teams
  • This course will take a case-study approach.
    Students will be asked to form study/case groups
    of 6 within the first week of classes.
  • The groups are expected to work on the case
    assignments prior to each class.
  • Each group will be tasked with the responsibility
    of preparing and presenting cases at each class
    as determined by the instructor. (2-3 cases per
    group)
  • (See http//web.mala.bc.ca/weaverd/Mark261 for
    team case presentation schedule).

10
GROUP CASE PRESENTATION/REPORTS
  • Group Case presentations are due the class of the
    Case Analysis as posted on the course website.
  • Case reports are due one week later at the start
    of class. They must be submitted in a report
    format as per the guidelines given by your
    instructor. (Please see http//web.mala.bc.ca/weav
    erd/mark261)
  • Late case reports (without prior arrangement and
    for good cause) will be assessed a 10 daily
    penalty, up to three calendar days. Case reports
    handed in late beyond three days will receive a
    mark of 0 for that particular assignment.
  • NOTE ALL STUDENTS on the case team will receive
    the same grade. Your team members will be your
    team for the entire course.

11
Case Teams/Study Group
  • Please take 10 minutes to form a study team of 5
    people and
  • Determine a name for your team
  • One member from the team should record a list of
    all of the team members names (last name, first
    name and student I.D.) and submit the list along
    with the Team Name to the instructor by end of
    class today.

12
Case Sources
  • Cases will be assigned from the textbook as the
    course proceeds. Please check the course website
    to find out which case is due for your next
    class. You should expect at least 1 week of lead
    time per case.http//web.mala.bc.ca/weaverd/Mark2
    61
  • Note The first two cases will be presented in
    the 2nd week of class.

13
  • IMCWHEREEXPECTATION MANAGEMENT MEETS
    REALITY

14
Introduction to Integrated Marketing
Communications (IMC)
  • Communication
  • IMC Defined
  • The IMC Plan
  • 4 Stages of Cultivating IMC SUCCESS
  • IMC and the Marketing Mix
  • Factors Affecting IMC

15
Communication
  • Transmitting, receiving, and processing
    information
  • Sender,
  • Receiver
  • Encoding, Decoding
  • Transmission Device

16
IMC Defined
  • The coordination and integration of all
    marketing communication tools, avenues, and
    sources within a company into a seamless program
    that maximizes the impact on consumers and other
    end users at a minimal cost.

17
The IMC Plan
  • Situation Analysis
  • Marketing Objectives
  • Marketing Budget (Financials)
  • Marketing Strategies
  • Marketing Tactics
  • Evaluation of Performance (metrics)

18
4 Stages of cultivatingIMC SUCCESS
  • Identify, coordinate and manage all forms of
    external communication
  • Extend scope of communication to include everyone
    touched by the organization
  • Using IT to infuse customer input into the
    plan. Db development/tracking/analysis.
  • Treating IMC as an investment rather than a
    departmental function.

19
IMC and the Marketing Mix
  • Product
  • Price
  • Promotion
  • Place (Distribution)
  • How do the above elements effect the
    communications plan of a company?

20
Factors Affecting IMC
  • Information Technology
  • Changes in Channel Power
  • Increases in Competition
  • Brand Parity
  • Integration of Information
  • Decline in Mass Media Effectiveness

21
Thank You
  • See you next class
  • read ahead
  • meet with your group and discuss the case(s)
    prior to class.
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