Summary of Unit I: Communication Basics
This unit focuses on the fundamentals of communication and marketing and how they are connected. Let’s break it down into key topics:
Communication Process
- Communication involves sending a message from the sender to the receiver through a channel.
- For example: A brand (sender) advertises a product (message) on Instagram (channel) to attract customers (receiver).
Communication Response Hierarchy Models
- These models show the steps a customer takes before purchasing a product: Awareness → Interest → Desire → Action.
- Example: Seeing a new smartphone ad (awareness), reading reviews (interest), wanting it for its features (desire), and finally buying it (action).
Cognitive Processing of Communication
- This involves how people think about and process a message they receive.
- Example: A well-designed advertisement with strong visuals and key benefits makes the message memorable.
EKB Model (Engel, Kollat, and Blackwell Model)
- This model explains consumer decision-making steps:
Problem recognition → Information search → Evaluation → Purchase decision → Post-purchase behavior. - Example: A customer’s phone breaks (problem), so they search online for the best phone, compare options, buy one, and later review it.
- This model explains consumer decision-making steps:
Marketing Communication Mix
- This mix includes tools like advertising, personal selling, sales promotion, PR, and direct marketing to promote a product.
- Example: A clothing brand uses social media ads, influencer promotions, and in-store offers to market a new collection.
Integrated Marketing Communication (IMC)
- IMC combines all communication tools to send a consistent message across platforms.
- Example: Coca-Cola’s holiday campaign uses TV ads, social media, and billboards with the same theme and message.
Advertising
- Advertising is important for building awareness and shaping perceptions about a product or brand.
- Advertising vs. Publicity: Advertising is paid promotion (e.g., TV ads), while publicity is unpaid, like media coverage.
Advertising Management Process
- Steps include setting objectives, defining the target audience, budgeting, creating ads, and evaluating results.
DAGMAR Approach (Defining Advertising Goals for Measured Advertising Results)
- A method to set clear, measurable advertising objectives like increasing awareness by 30% in 3 months.
Target Audience and Positioning
- Identifying the right audience and deciding how the product should be seen in their minds.
- Example: Nike positions itself as a brand for athletes and fitness enthusiasts with its “Just Do It” message.
Advertising Budget
- Factors influencing the budget include product type, competition, and marketing goals.
- Methods to decide budget:
- Percentage of Sales: Budget is a percentage of total sales.
- Objective and Task: Budget is based on what goals need to be achieved.
Important Topics to Focus On:
- Communication process and response hierarchy models.
- EKB model for consumer decision-making.
- Marketing communication mix and Integrated Marketing Communication (IMC).
- Advertising objectives and DAGMAR approach.
- Factors influencing advertising budget and methods.
By understanding these topics with practical examples, you can see how communication plays a major role in marketing and advertising strategies. 😊
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