As MBA students we are generally
taught ‘Integrated Marketing
Communication (IMC)’ in our respective colleges but there is another
concept which has been there for years but its importance has been realized
lately and it is known as ‘Integrated
Marketing (IM)’. Now looking at Integrated Marketing one might confuse it
with ‘Integrated Marketing Communication (IMC)’ but there are subtle
differences between the two. Integrated Marketing Communication is a concept of marketing communication planning
that recognizes the added value of a comprehensive plan that evaluates the
strategic roles of a variety of communication disciplines – general
advertising, direct response, sales promotion, public relations – and combines
these disciplines to provide clarity, consistency, and maximum communication
impact. It deals with integrating different communication mediums so that the
brand message remains consistent across different media and the media planning
is done in such a way that the different mediums complement each other. IMC is
based on the concept that every medium has its strengths and that strength must
be utilized cleverly. For e.g. TV is the best medium when it comes to communicating
the emotional content of the brand and print is best at creating knowledge
about the brand. A TV commercial (TVC) cant be converted into a print or a OOH but the print
must be designed in such a manner that it complements the TVC. This leads the target
audience to be exposed to various communication media each of which reflects
the brand values or strengthens the brand equity. So overall IMC can lead to
optimal spends and with proper media-neutral planning, can provide a bigger
impact.
When
it comes to Integrated Marketing it is a much holistic discipline of which IMC
is a subset. An Integrated Marketing campaign requires and generally consists
of an IMC plan. Integrated Marketing is generally adopted to answer a marketing
objective and executing a marketing strategy whereas IMC deals with the
communication part of the campaign and has the objective of communicating the
brand value and the essence of the campaign in an efficient manner using
different medium. The main objective of Integrated Marketing is that apart from
communication it also integrates various other marketing disciplines so that
whatever the brand does be it sponsoring an event or going for experiential
marketing it must reflect the values that the brand stands for. Integrated
marketing not only deals with external marketing where it deals with customers
but also deals with internal marketing where the employees need to be
communicated about the brand values. If a brand like Coca Cola stands for
spreading happiness, whatever it does must reflect it be it the happiness
vending machine, happiness truck, Coke studio, and the people working for Coca Cola brand must
also believe in the fact that coca cola stands for spreading happiness.This is
the real achievement of Integrated Marketing and the brand must do something to
promote this feeling within its employees as well. If a company stands for
providing superior services ,then the way it selects its employees also comes
under the scanner and the way it selects those people who will provide the
service also reflects how serious the brand is about its promises which in turn
will transcend to the consumers and will create huge brand equity. So in
simpler terms we can say Integrated Marketing means integrating all the
marketing tools , processes , discipline the brand is using so that all of them
collectively communicate the same brand values in a different manner and
complement each other so as to create a long lasting impact on the consumers
along with better brand recall and loyalty.
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