Posts

Marketing Communications

Marketing Communications

Marketing communications is essentially a part of the marketing mix. The marketing mix defines the 4Ps of marketing and Promotion is what marketing communications is all about.

It is the message your organization is going to convey to your market. You need to be very particular about different messages you are going to convey through different mediums.

Traditionally printed marketing was the whole sole method of conveying the messages to the consumers. However, in recent times, emails, sms, blogs, television and company websites have become the trendy way of conveying the organization’s message to the consumers.

It is important though that the message you give in one medium should tally with the message provided in other medium.

For example, you should use the same logo in on your website as the one you use in your email messages. Similarly, your television messages should convey the same message as your blogs and websites.

For the above reason, people controlling the marketing communication process are very important for the company. These executives make it an integrated marketing communication process.

You would now understand why it has to be ‘integrated’. The reason is that the messages to be conveyed through different mediums should be the same.

Let us now look at the marketing communication process. It is very important to have a process in place because then your advertising will reap proper benefits. There is an old advertising joke “I know my advertising works, I don’t know which half.”

That’s why if the marketing communication process puts a tab on advertising because companies cannot bear to lose dollars on wrong type of advertising. Things have to be well-defined and integrated to get maximum revenues. 

Your marketing communication process would look like:

The marketing communication process identifies where the investments are being done and what is bringing more return on investment. Therefore, you can alter the advertising campaign to reap maximum benefits.

The process begins at the strategic development stage. You start by creating a marketing communications program. At this point, you decide what all will fall in your advertising bracket.

At the next stage, you capture responses of your consumers. These responses are then recorded and maintained as advertising data. The executives then analyze and evaluate the collected data.

They generate the all important reports which will help to allocate the integrated marketing and communications budget.

The integrated marketing communications is a data-driven approach which identifies the consumer insights and develops a strategy with the right combination of offline and online channels which should result in a stronger brand-consumer relationship.

It has grown manifolds in recent years due to several shifts in the advertising and media industry. This is the reason why it has developed into a primary strategy for the developers. Some examples of shifts are from media advertising to the multiple forms of communication, from general focus advertising to data based marketing and so on.

Selecting the most important communications elements is crucial for the success of company’s business. The advertising campaign should be effective across all platforms. Once the integrated marketing process is set, the company can reap rich dividends from it.

These days, there are companies that specialize in creating the marketing communications process for you. So you can either do it on your own or take their services. But an effective marketing communication process is the order of the day!

Advertising Management

Advertising Management

Advertising simply put is telling and selling the product. Advertising Management though is a complex process of employing various media to sell a product or service.

This process begins quite early from the marketing research and encompasses the media campaigns that help sell the product.

Without an effective advertising management process in place, the media campaigns are not that fruitful and the whole marketing process goes for a toss.

Hence, companies that believe in an effective advertising management process are always a step ahead in terms of selling their goods and services.

As mentioned above, advertising management begins from the market research phase. At this point, the data produced by marketing research is used to identify what types of advertising would be adequate for the specific product.

Gone are the days when there was only print and television advertising was available to the manufacturers.

These days apart from print and television, radio, mobile, and Internet are also available as advertising media.

Advertising management process in fact helps in defining the outline of the media campaign and in deciding which type of advertising would be used before the launch of the product.

If you wish to make the advertising effective, always remember to include it from the market research time.

Market research will help to identify the niche segment of the population to which the product or service has to be targeted from a large population.

It will also identify why the niche segment would opt for the product or service. This information will serve as a guideline for the preparation of advertising campaigns.

Once the niche segments are identified and the determination of what types of advertising will be used is done, then the advertising management focuses on creating the specifics for the overall advertising campaign.

If it is a radio campaign, which type of ads would be used, if it is a print campaign, what write ups and ads will be used, and if it is a television campaign, what type of commercials will be used.

There might also be a mix and match advertising in which radio might supplement television advertising and so on.

It is important that through advertising management the image is conveyed that all the strategies complement each other.

It should not look to public that the radio advertising is focusing on something else while television on something else. The whole process in the end should benefit the product or service.

The role of people designing the advertising campaign is crucial to its success. They have been trained by seasoned professionals who provide the training in the specific field.

Designing an advertising campaign is no small a task and to understand the consumer behavior from the data collected from market research is a very important aspect of the campaign.

A whole lot of creativity and inspiration is required to launch an adequate advertising campaign. In addition, the management skills come into play when the work has to be done keeping the big picture in mind. 

It would be fruitful for the company if the advertising campaign lasts well over the lifetime of a product or service, reach the right customers, and generate the desired revenue.

Begin at the Beginning: Find Your Brand’s Most Powerful Core Story

Find Your Brand’s Most Powerful Core Story

Effective marketing starts with storyfinding — knowing how to locate the core narrative that most powerfully connects a brand and its audiences.

It’s always smart to begin at the beginning.

You can’t tell a brand story you don’t know. Yet too many brands and agencies have no formal process for finding a brand’s most effective core narrative.

Story realized 10 years ago that you can’t be an effective (or credible) story-based marketer without a shockproof, bullshit-resistant definition of a “core brand story” and a reliable, repeatable process for finding such a unique story.

The “core brand story,” for starters, is something fundamental and unique that represents the common element in every story the brand might make. It is the brand’s differentiating narrative heart, much as George Lucas’s many tales of Star Wars are all built on the one core story of a secret mystical connection to a universal force that can work for either good or evil.

Story calls this kind of core narrative the “Story Platform.” It is the unchanging narrative essence upon which all of a brand’s stories and messaging are built.

To reliably find the core story for any brand, we developed a collaborative process between brands and the audiences they want to serve.

The process begins by fusing investigative brand journalism and data-driven analysis to uncover the whole truth about the brand and how it is perceived by its audiences. Then we gather the internal team members who touch the brand and put them through a series of unique narrative exercises to uncover the brand’s true differentiators. Finally, strategic and creative people at Story put everything together to crystalize the core narrative into a few words that will guide all the brand’s storymaking, present and future. Those few words are the Story Platform.

There are different versions of the process, depending on what a brand knows and needs. Start to finish can take from two to six weeks. Once complete, the results lead to immediate creative output that’s consistent across channels and consistently effective.

The three laws of storyfinding

Over the last decade, Story’s has used its storyfinding process successfully for dozens of major brands the world over — from General Mills’ iconic Green Giant to Toyota’s luxury brand Lexus to, most recently, microchip design giant ARM. Refined with repeated use, the process follows a few simple, immutable laws:

Law #1: The truth comes first. 

This is where the best of journalistic truth-seeking meets the established rules of marketing research to find the brand’s truth — the truth that both the brand and its audiences can recognize and share.

“You have to start with the truth. If you don’t know it, you have to find it. So we always set out to uncover what is true about the brand — to find out why it really exists,” says Jacqueline Lieberman, Story’s Chief Strategy Officer, who’s been leading the storyfinding work since 2007.

If a brand’s core story isn’t completely true in every aspect, consumers will know it. At best, they’ll fail to connect, sensing lack of authenticity. At worst, there will be a disaster somewhere down the road.

Also, like any good journalist, Story’s Strategy team constantly digs to ask ‘why’ — never taking information at face value.

Finding the truth involves intelligence gathering on four areas:

  • Audience;
  • Brand promises, attributes and history;
  • Competitors; and
  • Cultural context.

Law #2: The audience decides what matters.

Storyfinding is not about hammering at undifferentiating product claims or other attributes that matter mostly to the brand manager. What matters is what matters to real people in their real lives.

“It’s about finding and unpacking the desire of the audience,” says Jacqueline, who has personally led more than three dozen storyfinding exercises. “It’s about, ‘What do they need from your brand?’”

Law #3: It what people and a brand share that makes the story.

“In our work, we marry the brand truth with the audience need and we find the context for the message,” says Jacqueline. “That intersection becomes the story we want to tell.”

Completing a disciplined storyfinding process and heeding the results heaps a series of gifts on every marketing effort from then on. Every story that is made and distributed, no matter the channel or the immediate goal, can be instantly identified as coming from the brand because the core story is consistent and unique. Every story and message is perceived to be authentic because it is part of a core truth the brand and the audience share.

The result is more effective storymaking in every channel. That doesn’t happen unless brands begin at the beginning.

Read next about storymaking in Part 2:
Why Brands Should be Making Stories, Not Just Telling Them.