Saturday, December 7, 2019

Integrated Marketing Communications for Theoretical Communication

Question: Discuss about theIntegrated Marketing Communications for Theoretical Communication. Answer: Introduction The Integrated Marketing Communication (IMC) plays a crucial role in communicating the message of the brand to a larger group of audience. This communication pattern helps in implementing the necessary elements, which will help in communicating the message in an easy manner. This method of communication helps in developing the awareness of the brand at a lower cost, as it helps in communicating with the customers directly. The use of IMC not only helps in spreading awareness of the brand among the customers but also helps in developing trust with the customers. It is one of the best tools that help in saving time, as the company has a wide range of options that help them in connecting with the customers easily (Belch, Belch, Kerr, Powell, 2014). The Coca-Cola Company that is present in Australia uses the strategies that are present in IMC in an efficient manner, which has helped them in increasing the awareness of the brand among the customers. It is seen that the company targets its audience in a proper manner, which has helped them in increasing the sales on a half-yearly basis. The company is trying to increase its brand awareness among the Australian customers, which will help them in increasing their value by 20 percent on a yearly basis. The company will try to reposition its brand in the Australian market by attracting the teenagers so that the consumers in the market can prefer the brand (Schultz, Patti, Kitchen, 2013). Findings and discussion Theoretical communication model The communication model according to Belch, states that the sender encodes the information in the messages and sends it to the receiver through a proper medium of communication channel. The receiver then decodes the message and provides feedback to the sender or the source who at that point becomes the receiver. It is a cyclical process, which takes place between the company and the customers. However, it is to be noted that the messages may be experiencing noise during the transfer, which may lead to the damaging of the information (Belch Belch, 2016). The message that will be sent through the medium needs to have meaning so that the information can be valuable when sent to the receiver. The message needs to be transmitted through an appropriate channel so that the receiver can easily understand the message that wants to be conveyed by the sender. The message that is communicated has to based on multiple levels such as it should have a literal meaning or a symbolic meaning. The company needs to use the people that are trained in communicating in through cultural and semiotic anthropology so that the meanings can be understood through conscious or subconscious meanings (Belch G. E., Belch, Kerr, Powell, 2014). According to the author, the perspective of semiotics comprises of three components, which are objects, sign or symbol and interpretant. The object is the attribute of the product or the brand for the company. The sign or the symbol helps in associating the meaning that the sender wants to convey to the receiver. The interpretant perspective is through which the consumers will associate the product. It is seen that communicating with the customers makes them associate themselves with the advertising or the promotion that is being done by the company. The perspective of the customers is that they will associate the brand with either the quality or the celebrities that are being used in the advertisements. This helps in increasing the consumption of the brands by the consumers (Belch Belch, 2016). The audiences are also aggregated in to various levels where the companies need to identify the audiences and the target market. This will help the company in segmenting the market so that the target audience can consume the products and services that are offered by the company. The companies will be able to increase its profits, if the identification of the market can be done in a better manner so that the target audience will be able to consume the products or services that are being offered by them (Schiavo, 2013). Analysis and evaluation IMC strategy of Coca-Cola Target audience It is seen that the company has targeted its audiences in a better way, which has helped them in disseminating the information through an efficient manner. The teenagers present in the Australian market have shown that they are likely to consume more volumes of the product than the average Australians are. It can be seen that the company has maximized its profits within the age group of 15-24. These consumers are the future customers of the company, as it will help the company in reaching its objectives that are long term in nature. The company also needs to target the age group of 25-34, as most of the consumers in this group act out of impulse, which will help in increasing the sales of the product (Luxton, Reid, Mavondo, 2015). Targeting the youths The company needs to consider the youth by implementing the pull strategy. With the help of sponsorships, it will help in improving the status of the corporate, which will help in improving the image of the brand. An example of attracting the youths will be to use younger and new generation singer, Avril Lavigne who is being recognized as a pop singer in the modern world. It will help in attracting the girls, as it will be easy for them to identify themselves with the image and boys will prefer them, as she is pretty. The company can sponsor the concerts that will be held in Australia so that the youths can associate the brand with the image of a rock concert (Kitchen Burgmann, 2015). Sports events: Attracting males The company has a good reputation in sponsoring the events that are related to sports. The main idea that the company has is that providing these kinds of sponsorships will help in attracting large number of audience. The country has a famous football team that participates in international matches, which has helped the company in associating themselves with the team. The company can sponsor the games played by the team so that it will help in attracting the men towards the products. Another strategy is that the country is known for the game of tennis called Australian Open, which is one of the prestigious events on a global basis. The company can sponsor the event by putting banners inside and outside of the stadium so that it can help in attracting the potential customers. The customers who will be waiting to enter the stadium can indulge in impulse buying due to the presence of the banners (Thorson Moore, 2013). Pubs and Clubs: Attracting young adults For the company to attract the younger adults, they must use a push strategy, which will help in attracting them. These adults will prefer drinking with their friends in the Australian pubs so the company needs to devise a strategy that will help them in attracting these potential customers. The company can go in to a joint venture with some alcoholic drinks so that it can promote its brand among the young adults (Percy, 2014). Advertising on TV and Cinema: Attracting large audience Most of the young audiences are receptive to the advertisements that are being shown on television. The company can use it as an advantage by avoiding the clutters that are associated with spot advertising. This communication medium will be cost-effective, which will also provide an opportunity to the target audience to connect with the program and the sponsors. The cinema complexes that are present in throughout the country need to be targeted with the choice of films that the customers want to see. This will help the brand to showcase its products in the films that will help in attracting large customers (Schlinke Crain, 2013). Press advertising: Targeting the elder people The company needs to target two kinds of customers through press, which is the elder and the young audiences along with the females, as they love to read more than the males. The older generation people in the country are likely to read newspapers and magazines, which will help the company in advertising its brands. This will provide a chance to the company to attract the elder people (Naeem, Bilal, Naz, 2013). Other strategies The company needs to use the drip strategy so that it can help in maintaining awareness among the customers for a long period along with a burst strategy that needs to be used during the summer, which will help the customers to indulge in impulse buying (Luxton, Reid, Mavondo, 2015). Recommendations According to (Kitchen Burgmann, 2015), the company needs to use the banners in an extensive manner during the concerts so that it will help in attracting the customers. The banners will have the same themes that will be showcased in the television campaigns but will not be detailed. The banners need to be displayed on the public transports, as many potential customers use the public transports for commuting to their respective work places. It can be seen that the majority of the customers who use the public transports are either school or university students. The other banners need to be displayed in and around the stadiums as well the big cities like Queensland, Brisbane and Melbourne. This will help in attracting the potential customers towards the concert arranged by the company. Sports The sponsorships related to sports can be developed by the company during the summer season when the country participates in various sporting events. The football team and the cricket team is well-renowned in the country and sponsoring them would help the company, as many people will get aware of the brand and its products. Sponsoring these events will be done through putting banners inside the stadiums and the jerseys of the team members needs to carry the logo of the company (Percy, 2014). Sales promotions For the promotion of sales, the company needs to use two methods, which are promotions related with manufacturer to resellers along with the promotions of manufacturers to consumers. The company needs to ensure that the resellers of the products need to be display the products of the company in a better manner, which will help in attracting the customers. This will help the company, as they will try to establish brand loyalty, which will help in increasing the orders of the company. The second method is that the company needs to pursue the consumers of the competitor brands in trying out their products. The company can provide coupons to the customers so that they can get attracted towards the product that is sensitive towards prices. It will be a cost-effective method, as the coupons can be used for a limited period, which will help in increasing the sales of the company (Schiavo, 2013). The company can arrange lucky draws for the customers such as trips and others to the winners, which will help in increasing the sales of the company. The winners of the concerts and the lucky draw winners from the other competition will help in getting the brand recognized. This will help in increasing the consumption of the products, as the customers will be willing to try out the various gifts that are being offered by the company. Online promotions The competition that will be provided by the company needs to be accessed by the customers from the website portals as well, which will help in increasing the awareness of the brand. To make the customers aware of the products, the company needs to provide screen-savers and some games on the websites so that the young generation can spread it through word-of-mouth to their friends and families. Conclusion Thus, it can be concluded that the Coca-Cola Company needs to adopt the Integrated Marketing Communications in a proper manner so that it can help them in attracting the consumers. The effective communication models needs to be used by the company such as the extensive use of banners and other promotional methods will help in spreading awareness of the brand among the customers. The merging up of the company with the teams will help in attracting the male customers, as these customers associate themselves with sports. The female customers can be attracted by arranging concerts and advertising the brands in the newspapers and magazines. Bibliography Belch, G. E., Belch, M. A., Kerr, G. F., Powell, I. (2014). Advertising: An integrated marketing communication perspective. McGraw-Hill Education. Belch, G., Belch, M. (2016). Evaluating the effectiveness of elements of integrated marketing communications: A review of research. ISBN: 10 12-3869 Vol No 4 No 1. Kitchen, P. J., Burgmann, I. (2015). Integrated marketing communication: Making it work at a strategic level. Journal of Business Strategy, 36(4), 34-39. Luxton, S., Reid, M., Mavondo, F. (2015). Integrated marketing communication capability and brand performance. Journal of Advertising, 44(1), 37-46. Naeem, B., Bilal, M., Naz, U. (2013). Integrated marketing communication: a review paper. Interdisciplinary journal of contemporary research in business, 5(5), 124-133. Percy, L. (2014). Strategic integrated marketing communications. Routledge. Schiavo, R. (2013). Health communication: From theory to practice. John Wiley Sons. Schlinke, J., Crain, S. (2013). Social media from an integrated marketing and compliance perspective. Journal of Financial Service Professionals, 67(2). Schultz, D., Patti, C. H., Kitchen, P. J. (2013). The evolution of integrated marketing communications: The customer-driven marketplace. Routledge. Thorson, E., Moore, J. (2013). Integrated communication: Synergy of persuasive voices. Psychology Press.

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