Integrated Marketing Communications
The 5- step consumer decision-making model is very important in marketing. You just saw an ad that told you that you could purchase an energy efficient major appliance before 4/30 & receive a rebate from the government. It reminded you that you have been thinking about needing a new stove. With this being the 1st step, describe what the consumer is doing in each subsequent step & identify what marketers can do in each of the 5 steps to influence the consumer. Have at least two non-traditional marketing & two sales promotion elements that the marketer could use.
Decision Making Process
Problem recognition -- (Consumer) Current stove is almost 20 years old, and while it is working it is not very energy efficient, especially the oven. It is old enough that it does not have any of the automatic sensing tools as well. (Marketer) Marketing responsibility at this stage is to encourage removing older, energy "hog" appliances for better performance and efficiency. Think green! Examples are advertisements that ask questions like: how can you do your part to save energy? What happens to your utility bill when you cook at home? Can you save money and be responsible by purchasing a new appliance? Television or print media most likely vehicles to impart this. Sales promotion = Offer Free Energy Audit and in-home consultation.(During energy audit have technician look at other kitchen appliances, but don't neglect water-heater, washer-dryer; in many older homes all appliances were purchased at the same time, and therefore might all need to be replaced).
2) Information Search
Internal -- Consumer looking at their ability to afford and logistics.
External - Which store or location for purchase. Which brand? Why, benefits and features. (Marketer) -- Work with local banks or credit unions to provide incentive financing; have better interest rates if they replace more than one appliance, offer ways to allow rebates to go directly to loan, etc. Work on extended package deals to provide incentives for total household energy savings.
3) Evaluation Alternatives -- (Consumer) -- Brand x or y, features needed, price range, time of payback (even with rebate) (Marketer) -- add on incentives, if stove, give promotional incentives purchase new microwave or refrigerator -- matching sets, etc.
4) Purchase decision -- (Consumer) -- Able to afford, attend sales event or schedule in-home consultation, choose model, sign contract, arrange for delivery -- (Marketer) -- Solidify brands with best ROI by giving consumer added reason to buy, run sales on older models, make arrangements with factor for special deals on matching sets.
5) Post purchase behavior -- (Consumer) -- Extended warranty purchase, customer satisfaction survey. (Marketer) -- Work with local chef or cooking schools to offer free classes on using new appliances; seminars in cooking x, y, or z; prizes and make the events seem extra special because of purchase. Enhance reasons for extended warranty. Offer stickers that indicate "Certified Energy Savings Household."
State clearly what the goal of the ad is. What are you trying to accomplish. Market to whom for what purpose? Purpose of Program is to families that cannot afford higher-priced destination spots that Houston can provide what they need.
Determine the most effective ad, based on each ad development process element & explain why you selected what you did.
What are at least 3 features & the associated benefits?
Saving money - while still providing a vacation for the family
Education as a game -- Make a game out of discovering Houston
Teaching children alternatives -- have children plan the daily vacation and budgets, turn this over to them as an educational activity.
What would your positioning statement be? (Think headlines or major key ad message)
Did you know____ was right here in Houston? (Campaign designed to enhance information about Houston). The blank gets filled in with any number of facts based on the participants, all designed to make consumers proud of their city.
What is the most effective advertising medium be & why?
Newspaper, television and billboard.
Develop the final ad (this is not a graphic design project but make sure it is well thought out) Describe in detail at least two consumer promotions that would be appropriate for this product & explain why you selected these.
Work with local historical and chambers to unearth, "Houston's uncovered treasures," Logo would be a treasure chest brimming over with prizes in front of a Houston location, with the "pirate" theme based on Houston history.
Describe in detail at least one sponsorship opportunity that would be appropriate for this product & explain why you selected it.
Since most vacations are with children, work with local schools and support a children's treasure hunt where packets are available for children, they must go to x number of places, answer questions that will help them on their treasure hunt, and then enter to win a great prize.
With the goal of securing positive news coverage, what would be the best way that you would pitch your product? Remember that it must be newsworthy to get publicity.
The nightly news loves events that feature children. A city-wide treasure hunt in combination with a Houston-based vacation could involve any number of local businesses, parks and recreation, the arts, etc. There could be historical events, movies, sporting events, dining and multicultural events, etc. The list is only as limited as the participation -- and -- each night the news could give an update, almost like the Olympics of teams from schools, etc. who are winning. Prizes could be individual or something really nice for the school.
Based on the several ways to evaluate an IMC outlined in chapter 15, discuss at least 2 ways you would evaluate the IMC plan you just developed.
1. Participation statistics.
2. Taxable revenues from the city, last year vs. this year.
Select any consumer ad on the web (You Tube has zillions),using ALL the details of creating an advertisement summarized in figure 7.9, analyze the ad you picked against this process & each element (message strategy, appeals, etc.) Select at least one non-traditional & one sale promotion plan element that you think would be effective & explain why.
Listerine Kills Germs, and more - http://www.youtube.com/watch?v=EnZtir9HgDI
One very interesting aspect of globalization is the way certain products are penetrating world markets. Even products with lengthy histories that were traditionally developed and marketed in first-world countries are now becoming part of the norm all over the world. Strategically, this has an impact on numerous academic disciplines: marketing and business, research and development, and, for certain products, specific branches of medicine and dentistry. As purchasing power grows, coupled with greater access to healthcare, these trends are posited to continue their rise. One such market segment is the combined mouthwash, gargle, and rinse -- of course specifically the brand that is synonymous with the field -- Listerine.
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