Question

In: Finance

Integrated marketing communications (IMC) is an important concept for a marketing manager to understand.    Why...

Integrated marketing communications (IMC) is an important concept for a marketing manager to understand.   

  • Why are integrated marketing communication plans so important to marketers?
  • What are the benefits and challenges of implementing an IMC?
  • Identify a primary benefit of advertising online
  • If a company A has come up with the new beverage product known as Akamu for satisfying human thirst. Suggest some of the major advertising decisions which this company can come up with in order to promote Akamu the new product.

Solutions

Expert Solution

IMC (Intergrated marketing communiaction) is the important concept in the marketing activity. It is important for the marketers as it involves all the tools to marketing so that the activity provide a concrete message. The different tools may distort the message. So marketers tries to put a single message to the audience.

The benefits of implementing IMC is that the one single message can be communicated to the larger audience. It also insures messages communicate effectivily. The challenge is combination all the tools is difficult. It will incur a heavy cost and also time required to do is also large.

Advertising online can be very effective. It reduce sthe cost and time. Also a large audience can be reached in a very less time.

For a new beverage product, advertising should be effective. The firm will have to target the youth as the target audience will be youth. They should promote the product in sports event as it is liked by target audience. The online marketing can be effective as well as youth spends most of the time online. So, these decisions can be made.


Related Solutions

1.) What the most important ways that integrated marketing communications (IMC) builds loyalty relationships? A. by...
1.) What the most important ways that integrated marketing communications (IMC) builds loyalty relationships? A. by helping to reinforce the choices suggested by each communications option. B. by persuading consumers that they should build a relationship with the organization. C. by giving loyalty coupons to repeat users. 2.) The advantages of advertising over personal selling include: A. greater opportunity to tailor the message to the interested prospect. B. easier to keep the consumer from “tuning out” the message. C. more...
the five key features that undergird the philosophy and practice of integrated marketing communications (IMC)
the five key features that undergird the philosophy and practice of integrated marketing communications (IMC)
1. What is the meaning of Integrated Marketing Communications? (IMC) 2. What might be some of...
1. What is the meaning of Integrated Marketing Communications? (IMC) 2. What might be some of the problems a marketer would encounter with IMC in international marketing? 3. How can advertisers overcome the problems of literacy in their foreign markets as it relates to integrated marketing communications? 4. What would be the importance of feedback from marketing communications in foreign countries?
Discuss the concept of Integrated Marketing Communication (IMC) and what you believe the importance of the...
Discuss the concept of Integrated Marketing Communication (IMC) and what you believe the importance of the role of project management is within this context
In your own words, explain integrated marketing communications and why it is important. Describe the four...
In your own words, explain integrated marketing communications and why it is important. Describe the four promotional methods an organization can use in its promotion mix.
Personal Selling is an important technique used in the integrated marketing communications mix of a company....
Personal Selling is an important technique used in the integrated marketing communications mix of a company. In what areas of skills and knowledge development, a consumer electronic retailer should train its sales people?
The concept of integrated marketing communications describes the most prevalent promotional activity in the marketplace today....
The concept of integrated marketing communications describes the most prevalent promotional activity in the marketplace today. Consumers are multifaceted, and businesses know that the use of one promotional mix tool alone is no longer adequate. Include both of the following points in your discussion: Discuss a popular national product or service that is using integrated marketing communications effectively. Include specific examples of its promotional activities from the different promotional mix categories.
Why is research important to marketing/communications efforts?
Why is research important to marketing/communications efforts?
Integrated Marketing Communications How integrated marketing communications can add value for Tesla customers. Considering your new...
Integrated Marketing Communications How integrated marketing communications can add value for Tesla customers. Considering your new target market and any modifications, new product line extensions or new products you may have developed to serve the new target market needs, create your 'Big Idea" to be the basis of the message strategy for all your marketing communications.
What are the elements of a company’s integrated marketing communication (IMC) mix and when is it...
What are the elements of a company’s integrated marketing communication (IMC) mix and when is it appropriate to use each? How would you formulate a budget and strategies for an IMC plan?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT