This assignment focuses on marketing communication and techniques used by Marks and Spencer. It discusses different types of marketing channels, communication objectives, and strategies. It also explores the integration of marketing communication channels within the organizational context to add value and maximize resources.
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INTEGRATED MARKETING COMMUNICATIONS
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INTRODUCTION Marketing is one of the most important part of an organization which is required to be focused upon by business organizations. marketing of a product or service helps in establishing a strong communication between business and customers. For effective marketing it is important fororganizationstochooseapropercommunicationchannelanddevelopaneffective communication planwhich will help them tocommunicate with their consumers easily so that marketing of their products and services can be done in a proper and effective manner(Hänninen and Karjaluoto, 2017). this assignment will focus upon marketing communication and techniques used by Marks and Spencer. M&S is a multinational British retailer that sells products like food, cloths and home products to their customers. It was established in 1884 and it headquarter is in Leeds, United Kingdom. This assignment will majorly lay emphasis upon different types of marketingcommunicationchannels,communicationobjectivesoforganization,channel selection and integration, content appropriate to the channel and communication objectives and communication strategy, channel choice and creative content. ACTIVITY A P 1 Different types of marketing channels and ways in which they serve communication objectives within organizational context There are various kinds of responsibilities that a communication officer needs to fulfil within an organization. One of the main roles of communication officeris to maintain and opt an appropriatecommunicationchannelsthatcan be used by organizationsso that they can effectively communication objectives(Falát and Holubčík, 2017). Marketing communication can be defined as a means adopted by organizations in order to convey message about products and services. Communication channels plays a vital role in attracting targeted customers towards products and services offered by the organization. There are many different kinds of marketing channelsand each of these channels can be used in different manner for serving communication objectives of Marks and Spencer. Some of the most common types of marketing channels are as follows: Direct Marketing: It is a kind of marketing which is done with the help of emails, telephone selling etc. In this marketing products and services are directly sold to the customers by different ways. this method is used by organizations for pre- selected customers only but for large organizations like M & S, this marketing channelis not much effective and is difficult 1
to be used for selling their productsand services directly to their customers present globally. Even if this channel is used by M & S the it is completely customized(Valos and et. al., 2016). Cost associated with this marketing channel is associated with communication cost though emails, telephones etc. But implementation of this communication channel can enhance relationship of an organization with their customers but for a large organization like Marks and Spencer it isquite time consuming. Advertising: It is another commonly used marketing channel which is used by organizations like M&S for promotion of their products and services. it is a paid form of marketing in which products and services are openly sponsored by the organization. There are various kinds of communication channels though which advertising can be done such as newspaper, television, billboards, and many more. It plays a vital role in promotion and development of M&S brand by increasing customer loyalty, awareness, perception of customers towards their products and services(Shen and et. al., 2016). it is one of the most appropriate marketing channel that can be used by M&S to serve their communication objectives because with the help of advertising organization can reach large number of customers can increase products and service awareness offered by them. But it has one limitation i.e. it can be a bit costly. Sales promotions: is a kind of marketing channel that comprises of different kinds of communication activities that helps in providing some benefits to customers immediately after sales of their products or services. it is quite a flexible marketing channel that can be use for bringing changes within customers behaviour in shortrun (Kim, Kang and Lee, 2019). This technique can be used by Marks and Spencer to serve their communication objectives and for attracting a greater number of customers. Using this channel, M&S can provide discounts, free sample, coupons to the customers so that more numbers of customers get attracted. Another reason because of which this channel can be used by M&S to serve their communication objectives because it is can be used to measure results and its effectiveness easily.It has a limitation i.e. it is generally for shorter duration due to which it can be difficult to be maintained. Personal Selling: It is another preferred marketing channel which is used by organization. In this sales person of the organization interact with the customers person to person.It helps in enhancing personal communication between organization and customers.However, this 2
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channel is customized and a bit costly because sales persons are required to be paid salaries for their person to person communication(Nejad, Tran and Corner, 2016). Due to this reason it becomes difficult for M&S to use this marketing channel as it will increasing their overall marketing cost. M 1 Critical evaluation of ways in which marketing communication channels are integrated within organizational context in order to add value and maximize resources Marketing communication channels are directly integrated with organization and its business operations and strategies. Marketing communication channel helps the organization in increasing or boosting overall sales of their products and services by adding value to those products and services(Nejad, Tran and Corner, 2016). Effective marketing from marketing channels helps in increasing value of their products and services which further helps in sustaining current customers and attract a greater number of customers. this further helps the organisation in adding more value to the products and services by maximizing resources used by the organization.But it also has a negative impact upon company i.e. any kind of mis communication can directly impact overall reputation of the company. ACTIVITY B P 2 Design communication objectives for the organization There are various specific processes are used by the organization for the communication process. Selection of the particular communication strategy is dependent on the type of communication channel that is used in the communication process. For different type of communication channel specific type of communication process is used by companies. Apart from the selection of the communication process this is also important for the company to to effectively specify their needs and requirement for the promotional process they need to use. On the basis of organization objective company can use effective process of communication for the product in the market place(Finne and Grönroos, 2017). Situational analysis Strengths High brand recognition Organic and healthy food products Over 80,000 employees working for them globally Weaknesses High priced products Negativeimageofsellingproductsfor people above 30 years 3
Opportunities Expansion in online selling Introducing clothing for young people Threats Still sells products majorly in mega stores Alreadyestablishedcompetitorssuchas Tesco, ASDA etc. Main suitable objectives for given situation are: To promote the products and service through the electronic communication process within 6 months. Increase customer base by 10 percent within 12 months. To improve their brand value and brand awareness in market place within 12 months. Suitable communication channel that are used for achieving set objectives are- online advertisements though social media, internet etc. These processes can be used for achieving desired objectives and can also help in enhancing customer base and increasing overall sales of the organization.These promotional processes are most commonly used in retail store to improve the sales of the Retail firm. For the direct marketing process organization can use various tools and technique to make direct communication with customer. For this process M & S can use E-Mail Marketing, andTelephoneSelling.Advertisementandsalespromotionisalsoimportantprocessof marketing. In Advertisement marketing process organization can use Digital advertisement process to improve the marketing process of organization. Sales promotion and personal marketing can be performed using normal face to face communication process(Blakeman, 2018). So, E-Mail, telephonic, digital promotion and oral communication process will be used to improve the sales of the company in market place to gain competitive edge over other organization who are in the same retail business. These processes can be used to improve the marketing function of organization to attract people to buy the products and services from Marks and Spencer. Most effective promotional process in the business organization are related to the Digital and IOT technology. This process are most efficient cause of fast speed and cost effective process. For example organization can implement digital marketing process in the marketing process of M & S. this is how M & S can use all these process in specific communicational channel to get better result with marketing operation(Porcu, Del Barrio-Garcia and Kitchen, 2017). 4
P 3 Justification for selection and integration of chosen communication channel There are different methods and processes are used by the organization to improve their brand value and brand awareness in market place. Main channels of marketing that are used by M & S are – Direct marketing, Advertisement, personal selling and sales promotion.But out of these channels online advertainments and marketing channel can be used by M&S as it is one of the mosteffectivechannelthoughwhichtheycanachievetheirdesiredobjectives.Online advertainment will help them to reach their target customers in a much better and appropriate manner.These process are commonly used by the retail sector organization to attract more consumers to buy the products and services from the organization. Each communication process that is used in the marketing process is based in the implication of the process that can help the organization to communicate the information about their products and services to the customer in much effective way. In the direct marketing process telephonic process and E-mail marketing processes are used by company(Kim, Kang and Lee, 2019). This process is used by organization to develop loyalty in the customer by making effective relationship with them. in this process customers are made feel special to keep them loyal to the organization. Loyalty can encourage the customers to buy all the products and services from the organization. In advertisement process company can use various processes like digital marketing and digital tools to promote the product and services of the organization in market place. Digital technique of the promotion or marketing is much easier, much effective and way more faster hen the other process that are used to promote the products and services of organization in market place. This is how digital technology can be used by organization in advertisement process to attract more customers to buy products and services from the organization. The otherchannelsthat is used in the organization is personal marketing process and sales promotion is performed by the organization throughthpersonalcommunicationprocess.Customersarecommunicatedusingoral communication. In sales promotion process employees of organization tries to influence the customers with in the buying process when they visits the local retail store. In this process they used for provide various type of information to the customer to influence their mind set to make final decisionabout the buying process(Yoga, Korry and Yulianti,2019). Thisishow organization can use the employees to influence the customer’s decision making process. The last process that is used by the organization like M & S is personal promotion. This is most common process that is used by the organization to deliver information about the products and 5
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services of the organization in market place. Employees of organization make contact with customer by using different strategy to make them aware of the information that is need to be provided to them.in this process door to door promotion process is used by the employees of company to develop awareness of the customer about the products and service that are offered by the organization. P 4 Creation of marketing communication plan that effectively meets communication objectives for organization Exclusive Summery-This marketing plan has been created in order to meet all the business goals of the organization related to the marketing operation. In the marketing communication plan various strategies and processes has been used in order to improve the knowledge of the customer regarding their products and services. By this process organization’s sales goals are completed by the company. Various type of information has been used in the marketing communication plan to efficiently complete the business objectives of the organization that are related to the profit of the company. Mission-The mission of the organization is to make more customer aware of the services and products that are provide by the company and influence them to select the products that are sold by M & S in market place. Aim-To improve the awareness of the customers regarding new products and services. Objectives- To promote the products and service through the electronic communication process within 6 months. Increase customer base by 10 percent within 12 months. To improve their brand value and brand awareness in market place within 12 months. STP Plan Segmentation-To improve the promotional or marketing plan of organization people who lives in local are need to be considered as target audience. On the basis of demographic and Geographic segmentation criteria. In the demographic segmentation people from economically medium class and upper class will be targeted(Pearson and Perera, 2018). The target process will be based on the large joint families and families that have 3 to 4 members in home. In the geographic targeting process people with in the city will be targeted for the promotional process. 6
Targeting-From the selected group in the segmentation process people with large number of the family number are need to be considered in order to meet organizational profit needs. The middle class people will be targeted in the marketing process. Positioning-in the promotional process organization will be using experiential positioning to develop better effective relationship with the customer in order to improve the performance of the organization in market place. The positioning of the organization will be based on the making emotional connection with target customers. Marketing Communication Strategy-Different strategies will be used in the marketing process in order to meet the organization’s promotion related goals in effective manner. various strategies will be used to improve the brand image of the organization in market place. Some of the most common strategies that will be used in the marketing communication plan are- Use various marketing channel to make promotional process more effective in target market. Implementation of digital technology in the organization processes in order to make the marketing plan more effective in market place. Set up better network in market place on basis of market research to meet the needs of the organization in effective manner. By using traditional marketing and communication process to develop better relationship with customer. Effectively use the customer relationship management process to keep customers loyal to the organization. Execution of Marketing Channel- For this advisement marketing channels will be used in which online advisement of products and services will be done though digital promotion, social media marketing. These objectives will help in meeting desired objectives of the organization within specified time period. This is how various strategies will be followed in the marketing plan to make customers aware of the products and services that are provided by the company. 7
M 2 Evaluation of applications of communication objectives in relation to the marketing communication mix and organizational business objectives As per the communication objective and marketing communication plan main target of the organization is to develop effective relationship with customers in order to improve the sales of company in target market. In the marketing communication plan organization has selected various process that are based on effective communication process in the marketing and promotion process. This is how organization will be able to perform the marketing process more effectively. For example, organization can use the communication processes that are selected in the marketing communication process. This is how organization will be able to meet all the needs of marketing and promotional process.Evaluation of communication objectives in relation to marketing communication mix can be done in many ways. First is by evaluating market reaction and customer response i.e. response of customers can help in evaluating marketing communication plan objectives in a proper manner. Other than this measurement and analysis of sales performance can also be done used for evaluation of marketing communication mix. P 5 Evaluation of marketing communication plan in relation to communication strategy, channel choice and creative content There are different elements of the organization are considered in the marketing plan of the organization. To make the marketing plan more effective this is important for the organization to meet the marketing objectives of organization. There are different processes that are used in the marketingprocesstomeettheobjectiveof organizationwhicharerelatedtocustomers relationshipmanagement(CopušandČarnogurský,2017).Tomakethemarketingand promotional plan more this is important for the organization to consider various channel for communication process and use of various technology to make the communication channel more effective for organization. Technologies like digital technology and various other tools can be used by the organization in the marketing process to develop effective relationship with customer to make the loyal to the organization and develop long term relation with them. This is how effective use of different technology can improve the marketing communication plan of M & S. Apart from all these this is also important for organization to use effective content to make effective impact on the customers. Effective content can effectively use by the organization to developeffectiveimpactonthecustomers.Thisishowallthemarketinggoalsof the organization can be achieved. 8
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Currentlyorganizationusesdifferentkindsofcommunicationchannelssuchas advertainment, online promotion of their products and services, posters, banners etc.They can bring improvement within their current communication strategy. Here are few recommendations that can be used for bringing improvement within their current communication plan: They can focus upon adopting social media networking as a communication channel as it will help them to reach more number of customers and will also help in enhancing promotion and marketing of their products and services in a much better and appropriate manner. M 3 Review success of the monitoring and impact of the marketing communication plan The success of the marketing plan is highly depended on the execution of the strategies that are explained in the marketing process. This is important to keep the strategies on top to meet the demands of organization’s marketing process. Effective technologiescan be used by the organization to perform all marketing communication process to meet the goals of organization in market place.Success of monitoring and impact of marketing communication plan can be done in four steps: First is be determining whether overall aim and objectives have been met or not. By assessing and comparing achievement of plan against its determined aim and objectives. This will help the organization in identifying whether the campaign was a success or a failure. CONCLUSION Thisreportisexplainingtheimportanceofmarketingcommunicationprocessfor organization. Various communication channel that can be used in the marketing process has been explains in the report. All the communication process that can be used by the organization to meet communication channel needs has been explained in report. Complete marketing plan has been developed in report that can be used by the organization to meet marketing and promotional goalsoforganizationintargetmarket.theimportanceofcommunicationchannel, communication strategies and marketing content has been evaluated in report. 9
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