integrated marketing communications imb202€¦ · bmn consulting have performed a segmentation...
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Integrated Marketing Communications
IMB202
Student Name: Nikita Trott
Student Number: N9447202
Tutor: Dr Barbara Gligorijevic
Word Count: 1,620
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Table of Contents Executive Summary ..................................................................................................... 3
1. Introduction: Client proposal and objectives solved ................................................. 3
Potential Competitors ............................................................................................... 4
2. Situation analysis: SWOTA, PESTE (DONE) .......................................................... 4
3. Target Audience ....................................................................................................... 6
4. Branding and Positioning Strategy ........................................................................... 6
5. Marketing Communication Strategy ......................................................................... 7
Campaign Objectives ............................................................................................... 7
Message Strategy .................................................................................................... 8
IMC Tactical Strategy ............................................................................................... 8
Campaign Implementation ....................................................................................... 9
Campaign Evaluation ............................................................................................. 11
6. Marketing Materials ................................................................................................ 12
Appendices ................................................................................................................ 13
Reference List ............................................................................................................ 20
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Executive Summary BMN Marketing have prepared an integrated marketing communication (IMC)
strategic plan for executives at Filla Bakery (FB) to consider. The plan recommends
the launch of a new FB product while at the same time launching a social media
campaign as well as the company’s rebranding.
This proposal has taken the clients specifications into consideration around
timeframes and budget. The plan includes an in-depth budget, project schedule,
communication strategy and clearly defined performance indicators and measurable
objectives.
Research has been performed by BMN Marketing on potential target markets and
potential competitors that guides the recommendations. These recommendations are
linked the IMC strategic plan and meet the company’s desired objectives and
outcomes.
1. Introduction: Client proposal and objectives solved Through the launch a new product this will increase brand awareness as well as sales
of the new and existing products (Aaker & Keller, 1990). Many people love freshly
baked bread but it takes time to prepare, rise and bake. The exciting launch of a new
innovative product, ‘the par-baked’ home baked bread.
The key FB objectives are to increase customer awareness of FB’s new and existing
products; achieve product tasting from 50% of regular shoppers on promotion days;
and to capture 10% share of the expanding bread market, as outlined in Table 1.
These objectives are fundamental to a strong take up of FB’s new products.
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Potential Competitors It is critical to identify competitors and industry pressures ensure success of the
strategic plan. Par-baked bread is a niche area for bakeries and there are limited
competitors. Table 2 reviews the two main potential competitors and outlines the
potential impact upon the new FB product line.
2. Situation analysis: SWOTA, PESTE (DONE) At its most basic level, a unified message has more impact than a disjointed myriad of
messages (Moriarty, 2016). There is opportunity to launch a new product, and an
integrated marketing plan would align all marketing messages so as to create brand
awareness, reinforce customers’ attitudes and stimulate purchasing. Integration
focuses all points of contact between a brand, company and its customers with a
strategically consistent message and image (Moriarty, 2016).
The Consistency Triangle (Appendix 1) is used to identify inconsistency in brand
communication. Using both a SWOTA and PESTEL analysis there are strengths,
weaknesses, opportunities and threats to consider in developing the strategic plan, as
outlined in Table 4a & 4b.
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3. Target Audience BMN Consulting have performed a segmentation analysis of the target audience, and
the below analysis identifies a clear description of the primary and secondary
audiences. Segmentation theory suggests that groups of consumers with similar
needs and purchasing behaviours are likely to demonstrate a more homogeneous
response to marketing programs (Tsai & Chiu, 2004; Schultz, 2002).
4. Branding and Positioning Strategy The rebranding of FB is to coincide with the launch of the new product will unify FB’s
positioning as a bakery of artisanal bread that is healthy and natural. All marketing
efforts would use the new branding and consistent marketing messages. We should
be looking to increase social media, retain loyal customers, build new customer base,
enhance customer relationships and expand the business (Marketing News, 2011).
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BMN Consultants conducted a survey in May 2016, and found that 92% of those
surveyed had never heard of FB, illustrating that FB’s current brand awareness is low,
and 42% of respondents indicated that they felt there is an opportunity to increase the
brand's personality. The flagship new product, par-baked bread will take the lead to
increase awareness through the new launch.
FB has maintained the natural and healthy image since its inception and this is an
opportunity to further highlight as part of the rebranding. To enhance a product’s
image and influence a consumer’s initial perceptions, a new simple design is to be
developed (Ghosh, 2016). The new image would be crisp, clean, and simple and
represent the natural product and the pre-existing reputation of FB (New designs -
Appendix 2).
The strategy is to position the product to appeal to the female high-income earner
who regularly shop for groceries, is time poor and is aged between 25-50 years old.
The product is positioned to appeal to women who want healthy, tasty and convenient
food that does not damage the environment. This group would find the new par-
baked bread provides a solution to their needs.
The biodegradable, multi-use convenient packaging is time effective as you use the
container and place directly in oven for cooking and is good for the environment. The
packaging will include the cooking instructions and nutritional value, symbols on the
packing will include a biodegradable logo and include the new branding. The pricing
strategy would be positioned at a higher-price as the demographic have a higher net-
income and the offering is a high quality artisan bread.
5. Marketing Communication Strategy It is proposed that the FB Marketing Communication Strategy have various
components that assist in achieving the overall campaign objectives.
Campaign Objectives
The campaign objectives are:
Awareness – increase brand awareness through launch of new logo, brand image
and packaging through social media campaign (new website and social media).
Inviting product trial – creating product trials through the use of taste-tester stands
in Woolworths, for an intensive period (October 2016– March 2017).
Increased on-line traffic – through expanding FBs on-line presence, starting
Facebook page, Instagram site and updating the website. Ensure that the Facebook,
Instagram and website is continually updated with new and interesting information, to
keep the on-line traffic going.
The campaign objectives will be measurable and specific and aligned to client
objectives. As Barry et.al.(1990) states, audiences of marketing communications and
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advertising respond firstly through cognitive thinking, secondly by affectively feeling
and thirdly by conatively doing (Hierarchy of Effects) which leads to brand loyalty.
It is through a long-term process that customers move through a variety of stepped
stages from unawareness to brand loyalty (Li, 2007). The taste-test sampling will
introduce customers to the new product, moving them from unaware, to awareness,
or for existing customers, moving them from awareness to loyalty. The sampling will
be followed by advertising through the Woolworth’s app, to further enforce the brand
and encourage repeat purchasing.
Message Strategy
Our marketing message strategy is to create a psychological connection with our
customers through our brand image and brand awareness (O’Donovan, 2013). This
strategy creates a personality for FB and the connection of the idea of ‘artisanal,
delicious, healthy, convenient and fresh bread’. This message clearly states what the
benefit is from purchasing the par-baked bread and is also a strong, unique and
clearly positioned message.
IMC Tactical Strategy
The IMC strategy for FB will be to focus on promotions such as direct marketing,
mobile applications and on-line social media. As per Appendix 4, an IMC Strategy
goes through stages, from development, to awareness through sampling and app to
reinforcement through social media.
Direct Marketing – Through the use of in-store sampling, we aim to introduce the
customer to the product where the objective is to achieve 50% product tasting from
regular shoppers, and to persuade consumers to trial the product. Customers like to
feel, taste and touch a product, and food sampling is important to build sales,
particularly for a new product (Stanley, 2015). People are inclined to believe their own
experiences (Chitty, et. al. 2012). As Stanley’s (2015) research on the food industry
shows that when offered, 70% of customers will sample the product and if the new
product for sale is positioned correctly to the taste testing area then 30% of tasters
will purchase.
Mobile Applications– Advertising through the Woolworth’s Fresh App
advertisement, will reinforce our communication of the FB’s Premium par-baked
bread in the online shopping section (Example – Appendix 6).
Statistics state that 90% of readers have purchased a product after seeing it in Fresh,
and 89% of Fresh reader’s state that Fresh informs them of new products
(Woolworths, 2016). Furthermore, 47% of the readership find the advertising useful
and informative (Woolworths, 2016). Readers of Fresh are regular shoppers, who
typically shop three or more times a week, with average expenditure of $163
(Woolworths, 2016).
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On-line social media - For small businesses to expand and reach a larger market,
the use of Social media marketing is critical. It is inexpensive and has the ability to
reach a large number of targeted audiences.
To encourage repeat purchases; once the taste-testing stand is removed, a number
of advertising campaigns on social media would be run to further encourage re-
purchasing (Lawson, et.al., 1990).
Facebook and Instagram will be used to further communicate information and send
messages about FB’s par-baked bread. Customers can leave reviews whether
positive or negative on a Facebook page, which can then be seen by the secondary
target audience, their friends and family.
It is critical for FB to build a strong online presence, which will build brand loyalty with
existing customers and attract new customers. Therefore, a number of Facebook
advertisements will be launched to re-iterate the brand message. The Facebook
advertisements will be hyperlinked to the new and improved website. The website has
been designed to resonate with the new brand image, with modern and natural
aesthetics.
All advertising will include our new logo, branding and highlight the key
communication message of ‘artisanal, delicious, healthy, convenient and fresh bread’.
Campaign Implementation
The below GANTT chart outlines the campaign timeframe, with the pre-work being
performed in July to August 2016, followed by the taste-testing stands to start from 29
October 2016 and ending on 3 March 2017. This campaign timeline is based on the
budget limitations and timeframe requirements. To be able to meet these
requirements, only one store at a time will provide taste-testing stands.
A budget has been developed (Appendix 7) that estimates the costs associated with
implementing BMN Consultant’s recommended campaign.
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Campaign Evaluation To understand if the communication campaign objectives are met, it is important
during the planning stage to develop relevant and realistic evaluation metrics.
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6. Marketing Materials The following Table 6, outlines the materials that need to be purchased, so as
to meet the IMC objectives. Our proposal offers savings on the original budget
of $10,000, with a budget estimate of $8,704.61, as per Appendix 7.
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Appendices
Appendix 1 – The Consistency Triangle
http://slideplayer.com/slide/5681061/
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Appendix 2 New product packaging, logo with baking tray
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Appendix 3 Sampling Stand Design Portable / Flat Pack
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Appendix 4 IMC Strategy
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Appendix 5 New Design Website
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Appendix 6 Woolworths’ on-line Advertisement
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Appendix 7 - Budget
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Image References
Bourolias, Gregory (2015) Table setting Retrieved from unsplash.com/photos/JdYd6CDm3-c
FTE oven liner (2015)Exampe Tin Foil Tray Retrieved from:
http://www.ptfeovenliner.com/replacement-bbq-foil-liner/
Kent Paper (2016). 200mm × 375mm + 85mm Gusset | Kraft Design Paper
Window Bread Bags retrieved from: https://www.kentpaper.com.au/loaflarge/
Prayers for Business (2015)Silhouettes Retrieved from http://askadifferentquestion.com/category/business-prayers/page/2/
Prayers for Business (2015)Silhouettes Retrieved from http://askadifferentquestion.com/category/business-prayers/page/2/
Sandroun, G. & Sandroun, D. (2016). Turkish Design. Jerusalem. Retrieved from unsplash.com/photos/Po2GsmeN8hu
Simms, Jez (2016) Cheese platter in ad creative. Retrieved from: unsplash.com/photos/gmw2n27jgreKaty Km Olenka (2015) Bread and falafel balls.
Retrieved from unsplash.com/photos/iRguZkRTQya
'Travel Coffee Book' (2015) Travel Coffee Book Retrieved from stocksnap.io/photo/75501OE4B2Vitamante, Liene (2015) Bread
Woolworths(2015)Woolworth's Fresh Media Kit infographic Retrieved from https://www.woolworths.com.au/content/content/Fresh-Mag-Guidelines.pdfP