create or exploit. Analyzing the SWOT and identifying any problems that can be
solved with an advertising message are at the heart of strategic thinking. An example
of locating a timing opportunity is illustrated by the Special K “2 Week Challenge”
discussed in the textbook that capitalized on consumers’ goals to lose weight after the
holidays.
IMC can solve only message-related problems such as image, attitude, perception,
and knowledge or information. It cannot solve problems related to the price of the
product, availability, or quality, although it can address the perception of these
marketing mix factors.
Campaign Strategy
The general strategy that guides a campaign can be described in a number of ways.
For example, a strategy can focus on branding, positioning, countering the
competition, or creating category dominance. Maybe the strategy is designed to
change the consumers’ perception of the brand’s price or price-value relationship. It
may also seek to increase what marketers call “share of wallet,” which means
increasing the amount customers spend on the brand. Other marketing efforts might
involve launching a new brand or a brand extension or moving a brand to a new
market.
Another common focus is the role and importance of the brand’s competitive position
and how to respond to competitors’ messages. This is a strategy that is often seen in
economic downtowns, which analysts describe as a ‘dogfight’ for market share.
The important thing to remember is that planners have to first analyze the situation to
arrive at a great strategy before racing ahead to think about tactics. What’s the
difference between strategy and tactics? The decision to expand the market (strategy)
by increasing share of wallet (objective) is implemented through promotional tactics
(‘buy four and get one free.”)
The situation analysis is the first step in developing the IMC campaign strategy.
There are a number of related strategic decisions that follow from the situation
analysis. Three of them are objectives, targeting, and brand position.
Objectives
Given the huge amounts of money spent on brand communication, it is important for
marketers to know what to expect from a campaign. Although a rule of thumb for
advertising is that it should be single-minded, we also know that multiple effects are
often needed to create the desired impact, especially in IMC planning.
Although some objectives are tightly focused on one particular effect, others, such
as brand loyalty, call for a more complex set of effects. To create brand loyalty,
for example, both cognitive and affective effects are needed, and it must move
people to repeat buying.
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