The document discusses the steps in an integrated marketing communications plan which includes contextual analysis, identifying target markets, setting communication objectives, determining the budget, selecting a marketing mix strategy, and evaluating the program. The plan aims to achieve marketing campaign objectives through coordinated promotional methods and can be used by various sized companies.
The document discusses the steps in an integrated marketing communications plan which includes contextual analysis, identifying target markets, setting communication objectives, determining the budget, selecting a marketing mix strategy, and evaluating the program. The plan aims to achieve marketing campaign objectives through coordinated promotional methods and can be used by various sized companies.
The integrated marketing communications plan, is an approach
that achieves the objectives of a marketing campaign, through well-coordinated use of different promotional methods that are intended to reinforce each other. It is successful within B2B and B2C companies and can be used by small retailers who can’t afford to outsource marketing, large global brands to even non –profit organisations, this model is applicable to cater for many companies.1.Contextual or Situational Analysis:The first stage of the IMC planning process is to conduct a situational/ contextual analysis. This can involve a SWOT analysis, and an external and internal environmental analysis.2. Target Markets:You need to decide who your target markets are, map them on a demographic and psychographic level. Then you need to decide what the benefits are to the consumer and why they would use the product.3. Communication Objectives:The third step of the IMC planning process is to decide what the communication objectives are. These are objectives that your company wants to communicate to the public and their target audience. Some examples of these are;-Develop brand awareness-Change customer beliefs-Enhance brand image.4. Budget:The types of budget that companies have can vary. These can be, a percentage of sales, competitive partially, percentage of profit, a budget depending on objectives and tasks and how much the company can afford.5. Marketing Mix Strategy:The marketing mix is selected in line with the communication objectives and within lesion with the budget selected.6. Evaluating the Programme:The final step of the IMC planning process is evaluating the programme. This can be done by certain social media metrics, by analyzing online traffic with the use of Google analytics, by sales and social media tools that allow you to track engagement with certain items.
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