MARKETING THEORIES – THE COMMUNICATIONS MIX
MARKETING THEORIES – THE
COMMUNICATIONS MIX
The communications mix
involves all the tools you use to communicate with your customers or potential
customers. This could be through advertising, social media, product packaging,
direct marketing, websites, events, exhibitions – the list goes on!
Successful campaigns
consider all elements of the communications mix. To see even better results,
you must effectively use all areas to create an integrated multi-channel or Omni-channel
campaign.
What’s the difference between the marketing communications mix
and the marketing mix?
They may both include
mix in their names, and they do link together – but they are actually very
different tools.
On one hand, the
Marketing Mix is used to shape brand strategies through factors unique to each
business (the 7 Ps – product, price, promotion, place, physical evidence,
people and process).
On the other hand, the
Communications Mix defines the ways you communicate with your
customers, i.e. the tools you use.
Marketing communications tools
The promotional mix is
made up of five elements, shown below:
1. Advertising (TV, radio, press, PPC)
Advertising covers all
avenues where a business pays for their message to be broadcast.
In 1922, the first
radio advertisement was aired in New York, promoting apartments in Jackson
Heights. Video came next, but luckily, it didn’t quite kill the radio star.
Instead, it became its own highly effective advertising tool, working
harmoniously alongside radio.
Television has mostly
been confined to brands with deep pockets. However, with the digital age came
more affordable online tools such as PPC and social media advertising.
Successful advertising
campaigns can be emotive, creative, eye-catching, catchy, musical, or even
intentionally annoying (anything to grab attention!)
2. Direct marketing & digital marketing (email, social
media, gamification, etc.)
The emergence of
digital didn’t just bring social media and online shopping. It also gave us a
whole new way to do marketing. This way is significantly cheaper; and if done
correctly can be even more effective than broadcasting to the masses through TV
or radio.
One of the major
benefits of direct marketing is its targeted approach. So, if you’ve done the
best and most accurate market research on your customers, you’ll know exactly
who to target. It’s also attractive to marketers because its results can be
directly measured.
3. Public relations (PR)
Public relations turns
brand messages into stories that appeal to the media and its target audiences.
It amplifies news, strategies and campaigns to create a positive view of a
company through partnerships with newspapers, journalists and other relevant
organizations.
But not everything can be shared via PR. The idea is to separate the stories they think could be developed into an effective PR strategy. So, usually anything considered too ‘sales’ is a no. A great PR campaign revolves around a public interest, current event or trend that can be connected to a product, service or brand.
4. Personal selling
Personal selling is,
you guessed it, selling through a person (usually in a face-to-face setting).
This includes salespeople, representatives, brand ambassadors or even
influencers.
Using their
experience, specialist knowledge and communication skills, their aim is to
inform and encourage customers to buy or try a product or service.
5. Sales promotion
Sale! 50% off selected
lines!
Using various online
and offline outlets, sales promotion creates limited time deals or promotions
on products or services in order to increase short-term sales. It can include
sales, coupons, contests, freebies, prizes and product samples.
When conducting a sales promotion, it's important to consider:
- how much it costs and whether
the volume of sales will make up for the lost revenue
- whether it will build loyalty
or just attract one-off purchasers
- if the promotion fits with the
brand's image
Loyalty cards are a more recent addition to the sales promotion sphere, adding important elements such as customer retention and brand loyalty. Discounts or special offers reward loyal and repeat purchasers. It's also a great way to gather valuable customer data on purchasing habits and behavior.
Extras
Social media
A relatively new tool,
and always expanding with ‘the next big thing’, social media has changed the
way we communicate. As part of the Direct Marketing section of
the communications mix, it can be used to advertise, retain and gain
customers, gather feedback about products or services and as a customer service
tool.
Sponsorship
Just about anything
can be sponsored. Sponsorship is something you see a lot of with major brands
and especially in sports. It is often used to get the attention of new
communities and align with them.
Effective sponsorship
as a marketing and communications tool requires detailed target audience
research and setting clear objectives.
Product packaging
Packaging is an
element which can be considered as part of the marketing mix as well as the
communications mix. It’s the last point of sale for the company, and the impact
of packaging could set brands apart from their competitors.
Communicating
effectively through packaging can include the visual design, what’s written on
the product, size and shape of the packaging, materials it's made from etc. All
of these aspects could sway a customer to buy or not buy the item.
New variables/innovations
We have many more
communications tools now than existed 10 years ago - or even 5 years. This is
why it's really important to keep track of new innovations and releases that
could become a fantastic way to communicate with your demographic. Some stick
around for the long haul, and others end up more like one-hit wonders
(what ever happened to Vine?!) - but it's still great to keep an eye out.
Examples include new
social media platforms (networking, video, messaging), gaming platforms,
forums, mobile apps and more!

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