Friday, 4 October 2013

IMC, ATL & BTL

IMC, ATL & BTL

Integrated Marketing Communications:
Integrated marketing communications (IMC) is an approach to brand communications where the different modes work together to create a seamless experience for the customer and are presented with a similar tone and style that reinforces the brand’s core message. Its goal is to make all aspects of marketing communication such as advertising, sales promotion, public relations direct marketing, online communications and social media work together as a unified force, rather than permitting each to work in isolation, which maximizes their cost effectiveness.

IMC is becoming more significant in marketing practice because of the reduced cost effectiveness of mass media and media fragmentation. As consumers spend more time online and on mobile devices all exposures of the brand need to tie together so they are more likely to be remembered. Increasingly the strategies of brands cannot be understood by looking solely at their advertising. Instead they can be understood by seeing how all aspects of their communications ecosystem work together and in particular how communications are personalized for each customer and react in real time, as in a conversation.
How IMC helps:

1. It can create competitive advantage, boost sales and profits, while saving money, time and stress.
2. IMC wraps communications around customers and helps them move through the various stages of the buying process. The organization simultaneously consolidates its image, develops a dialogue and nurtures its relationship with customers.
3. This 'Relationship Marketing' cements a bond of loyalty with customers which can protect them from the inevitable onslaught of competition. The ability to keep a customer for life is a powerful competitive advantage.
4. IMC also increases profits through increased effectiveness
5. Carefully linked messages also help buyers by giving timely reminders, updated information and special offers which, when presented in a planned sequence, help them move comfortably through the stages of their buying process
6. Finally, IMC saves money as it eliminates duplication in areas such as graphics and photography since they can be shared and used in say, advertising, exhibitions and sales literature.
7. IMC also makes messages more consistent and therefore more credible. This reduces risk in the mind of the buyer which, in turn, shortens the search process and helps to dictate the outcome of brand comparisons.

Above the line (ATL), below the line (BTL)
 In the organizational business and marketing communications, are advertising techniques, or different strategies companies use to sell their products. In a nutshell, while ATL communications use media that are broadcast and published to mass audiences, BTL communications use media that are more niches focused. While both ATL and BTL communications can be used to either build brand awareness or drive sales through specific offers (promotions), it is BTL communication that gives the marketer the ability to tailor their messaging in a more personal manner to the audience.











ATL(Above The Line) Promotion: 
ATL is a type of advertising through media such as television, cinema, radio, print, and Out-of-home to promote brands or convey a specific offer. This type of communication is conventional in its nature and is considered impersonal to customers. It differs from BTL advertising, which uses unconventional brand-building and promotional strategies, such as direct mail, sales promotions, flyers, point-of-sale, telemarketing and printed media (for example brochures) – and usually involves no motion graphics. It is much more effective than when the target group is very large and difficult to define.

BTL (Below The Line) Promotion: 
BTL sales promotion is an immediate or delayed incentive to purchase, expressed in cash or in kind, and having short duration. It is efficient and cost-effective for targeting a limited and specific group. It uses less conventional methods than the usual ATL channels of advertising, typically focusing on direct means of communication, most commonly direct mail and e-mail, often using highly targeted lists of names to maximize response rates. BTL services may include those for which a fee is agreed upon and charged up front.
BTL is a common technique used for "touch and feel" products (consumer items where the customer will rely on immediate information rather than previously researched items). BTL techniques ensure recall of the brand while at the same time highlighting the features of the product.
Another BTL technique involves sales personnel deployed at retail stores near targeted products. This technique may be used to generate trials of newly launched products. It helps marketers establish one-to-one relationship with consumers while mass promotions, by definition, make it difficult to gauge consumer-response, except at the time of sales. Examples include tele-marketing, road shows, promotions, in- shop and shop-front activities, display units.



Wednesday, 2 October 2013

Branding

Branding















  • Colgate-Palmolive company  is using the name COLGATE as a brand for it's toothpaste and toothbrush.
  • It had been deal in glass jars since 1873.
  • Dental Cream introduced in 1896. It was the first toothpaste in a collapsible tube.
  • It's packaging and logo remains same from the time of inception.which in turn creates a trust among the users.
  • Logo Shows Company’s image. There are some points for Colgate logo.
    •  Colgate logo is used for informational purpose.
    • Colgate logo is different among their competitors.
  • It's motive from beginning remains same-"protect your teeth from germ and keep you smiling".
  • Red and White are two main colors used in it's logo.
  • Red shows signs of supremacy, trust and reliability.
  • White indicates towards a cavity and germ free tooth .
  • 1940 to 1960, an advertising campaign for Colgate toothpaste used the slogan “It cleans your breath while it cleans your teeth”.
  • 1960, the slogan was “The Colgate ring of confidence”.
Brand Promise
  • ·       Colgate toothpaste clearly show Indian Dental Association(ida)’s approval on its packaging.
  • ·   Colgate created a trust and loyalty among it’s users by promoting it’s toothpastes as best oral care products.
  • ·       Over the time its slogan is trying to convince users or potential users that “use Colgate and keep smiling”.which is a very strong statement .it shows brand's confidence and promise that Colgate toothpaste created for a long period.

Holistic Marketing

Holistic Marketing
Healthy and long term growth for a brand requires that the marketing organization be managed properly. Holistic marketers must engage in a host of carefully planned, interconnected marketing activities and satisfy an increasingly broader set of constitutions. They must also consider a wider range of effects of their actions. Corporate social responsibility and sustainability have become a priority as organizations grapple with short term and long term effects of their marketing. Some firms have embraced this new vision of corporate enlightenment and made it the very core of what they do.

Colgate has earned the reputation of the most well know and trusted oral care toothpaste brand in India. Colgate is not only gives superior value for money to its customers, but also serves the interests of its customer by arranging regular health camps in anganwadis and schools to promote oral care awareness among children .

Through its advertising campaign Colgate also acts as a social observer and cares about oral problems in a very satirical manner which instantly connects to the buyers. It also ensures the end-customers get quality toothpaste at affordable prices. It truly practices holistic marketing.

Sales Management

Sales Management













Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a company’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically the goals and performance indicators of sales management.

For Colgate toothpaste, sales are typically in the mom and pop shop, super markets and drug stores. The consumer just has to ask for that particular Colgate toothpaste product in the shop or if it’s a super market he just has to locate it and buy it.

But in other case customer buy Colgate toothpaste because his or her dentist advised him or her to buy that toothpaste.

Now, Colgate is offering its toothpaste through online shopping portal for customers. 

Marketing Mix

Marketing Mix
PRODUCT
· Colgate toothpaste adds value to customer’s life by continues innovation and research.
·  It also adds utility and continuously meeting the wants and need of targeted group by providing different sub-categorized and customized tooth paste for different usages of customer.
·  Its products are unique and different from all similar products that are available on the market.
· Colgate’s strategy is to differentiate  products design and strategy from all others, which in turn causes the toothpaste to stand.
PRICE
·    Price is something which controls competitiveness of any product, so in case of Colgate.
·  It’s prices are almost same or less than it’s competitors giving it an extra advantage to affect customer psychologically.
· This pricing strategy is the result of positioning the toothpaste as a mainstream product rather than a niche product.
a
Visible white
100g
68.00
Max fresh
150g
64.00
Total 12
75g
40.00
Strong teeth
100g
35.00
Sensitive pro
100g
78.00  







PLACE
·   Place represents location where a product can be purchased. The most     important part is how a product goes from seller to buyer.
·  Colgate’s product goes through a channel of distribution which includes manufacturer, wholesaler, retailer and consumer.
·      The distribution strategy for toothpaste is through dentist, plastic surgeon, drug stores, large retail stores, department stores and mom n pop shops.
·     All toothpaste products are available throughout India including urban, semi-urban and rural markets.
PROMOTION
·      Colgate communicates product promotions through advertising, publicity and   sales promotions.
·      Colgate benefited a lot through in-store displays.
·     Colgate’s advertising strategy focuses on TVC and print media.
·       It also promote its product through radio and print for rural customers. 




Tuesday, 1 October 2013

Customer Value Hierarchy

Customer Value Hierarchy















Colgate needs to address five product levels. Each Product adds more customer value and the five constitute a customer value hierarchy are
{Core benefit, basic product, expected product, augmented product, potential product}
Core Benefit: It is the fundamental level in customer value hierarchy. It is the benefit or service the customer is really buying. In case of toothpaste, the customer is buying a medium for safety of teeth and mouth.
Basic Product: This is the second level in customer value hierarchy. The marketer must turn the core benefit into a basic product. In case of toothpaste, the marketer must provide toothpaste that provides germ free mouth for all without any side effects.
 Expected Product: This is the third level in customer value hierarchy. Here the marketer prepares an expected product, a set of attributes and conditions that customers normally expect when they purchase this product.
Augmented Product: At the fourth level, the marketer prepares an augmented product that exceeds customer expectations. To fight competition the marketer tries to offer an augmented or may an even better than expected product. Colgate is providing different variety of toothpastes like Colgate herbal for fresh mouth with Ayurvedic effect. now it added Colgate salt for those with cavity problem.
Potential Product: At the fifth level stands the potential product, which encompasses all the possible augmentations and transformations the product or offering might change in near future.

Distribution

DISTRIBUTION


Colgate toothpaste is a daily usable commodity/product. So the company is using intensive distribution.
Colgate India has a strong marketing distribution network across India ranging from big metros to unreachable rural villages. it covered all geographical barriers to nurture it’s distribution channel. It had 1713 direct stores as of 2010.the Oral care distribution network spreads across 90 cities of India. The company products available across 4.3mn retail outlets. The company has a strong workforce of more than 2000 stockiest and their workforce. Colgate Palmolive uses all the available intermediaries wholesalers, retailers, and stockiest. Distribution strategy for the Colgate Totals is indirect. The distribution is through Dentist, plastic surgeon, drug stores, grocery stores, large retail stores.
Conflict among marketing channel members is generated when one channel member action prevents another channel from achieving its goal. Colgate Palmolive fallows the traditionally distribution channel not involving overlapping of intermediaries so there is very less amount of channel conflict.