MARKETING COMMUNICATION EFFECTS
MARKETING COMMUNICATION EFFECTS:-
The way brand associations are
formed does not matter. In other words, whether a consumer has an equally
strong, favorable, and unique brand association of Subaru with the concepts
“outdoors,” “active,” and “rugged” because of exposure to a TV ad that shows
the car driving over rugged terrain at different times of the year, or because
Subaru sponsors ski, kayak, and mountain bike events, the impact in terms of
Subaru’s brand equity should be identical. But these marketing communications
activities must be integrated to deliver a consistent message and achieve the
strategic positioning. The starting point in planning marketing communications
is a communication audit that profiles all interactions customers in the target
market may have with the company and all its products and services. For
example, someone interested in purchasing a new laptop computer might talk to
others, see television ads, read articles, look for information on the
Internet, and look at laptops in a store. To implement the right communications
programs and allocate dollars efficiently, marketers need to assess which
experiences and impressions will have the most influence at each stage of the
buying process. Armed with these insights, they can judge marketing
communications according to their ability to affect experiences and
impressions, build customer loyalty and brand equity, and drive sales. For
example, how well does a proposed ad campaign contribute to awareness or to
creating, maintaining, or strengthening brand associations? Does a sponsorship
improve consumers’ brand judgments and feelings? Does a promotion encourage
consumers to buy more of a product? At what price premium? In building brand
equity, marketers should be “media neutral” and evaluate all communication
options on effectiveness (how well does it work?) and efficiency (how much does
it cost?). Personal financial Web site Mint challenged market leader Intuit—and
was eventually acquired by the company—on a marketing budget a fraction of what
companies typically spend. A well-read blog, a popular Facebook page, and other
social media—combined with extensive PR—helped attract the younger crowd the
Mint brand was after.9 Philips also took another tack in launching a new
product.
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