Advertising and IMC: Principles and Practice, 11th Edition Solution Manual

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Advertising & IMC:
Principles and Practice
Eleventh Edition
Sandra Moriarty
Nancy Mitchell
Charles Wood
William Wells
Instructor’s Manual for
Advertising & IMC: Principles
and Practice
Stephanie Bibb
Chapter 1: Strategic Brand Communication
1
Chapter 1
Strategic Brand Communication
CHAPTER CONTENT
KEY OBJECTIVES
1. What is the marketing mix, and how does it send messages?
2. What is integrated marketing communication?
3. Understand how this text will prepare you for your career.
CHAPTER OVERVIEW
This chapter opens by providing a definition of both marketing and marketing
communication, which is followed by a discussion of the marketing industry’s key players
and the most common types of markets pursued, as well as the concept of added value.
Next, integrated marketing communications (IMC) is defined and the various elements of
branding strategy are explored, including brand meaning, brand transformation, brand
identify, brand position, and brand promise. An emphasis on the role of effective
communication in building strong, viable brands is woven throughout this discussion, as
well as the importance of building strong brand relationships that will drive brand value.
The chapter closes with a discussion of brand communication in a time of change and how
the practice of marketing is evolving, especially in this new social media period.
CHAPTER OUTLINE
THE MARKETING FOUNDATION
Traditionally, the goal of most marketing programs has been to sell products, defined
as goods, services, or ideas. Marketing’s sales goals respond to the marketplace,
ideally matching a product’s – and the company’s production capabilities – to the
consumer’s need, desire, or demand for the product.
Sometimes the challenge is to build demand for a product, as the Showcase feature in
the text about Urban Decay illustrates.
The Marketing Mix
Marketing accomplishes its goal by managing a set of operations and strategic
decisions referred to as the marketing mix, also called the four Ps. These include the
design and performance of the product, its distribution, its pricing strategies, and its
promotion. These four Ps all deliver messages about the brand.
Marketing also focuses on managing customer relationships to benefit all of a brand’s
stakeholders, i.e., all individuals and groups who have a stake in the success of the
brand, including employees, investors, the community, media, business partners, and
customers.

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