Sunday, June 9, 2019
Assess the potential value of integrated marketing communications and Essay
Assess the potential value of integrated marketing communications and viral marketing initiatives to Brewdog - Essay ExampleTherefore, under the given temperate parameters, the strategy satisfied both the customers and the retailers.Today, the technological advancements have brought forth an explosion of information that is easily accessible to public through the internet and other media worry television, radio, mobile phones etc. The internet has made it easy for the customers to become aware of the product details including its availability at competitive prices which has precipitated the need to develop a whole new perspective for a new marketing technique. Brewdog, a recent entrant in the field of beer, needs to cater to the system as a whole rather than exclusively to the customer. The company must tap the growing demand from the new market segment that has come up with the climax of new technologies through creative market strategy. The inter-dependence of the various elemen ts within the system with its inherent capacity to complement each other has vast potential to ratify a market that is sustainable as well as mutually satisfying.Kotler has defined IMC as the concept under which a company carefully integrates and coordinates its many communications channels to deliver a clear, consistent and compelling messages about the organisation and its products (Kotler et al 1999). Even though the customer base is increasing, it is becoming unmanageable not only to attract more than customers but also to retain them. So, one need to add something more on the existing products to make it more attractive without compromising much on the price. In fact, the more innovative the product and fancier the promotional techniques, the higher are its chances of capturing market space. Thereby, asserting that brands, advertising, and promotional techniques are very important tools of marketing.Brewdog needs to incorporate these factors in its strategy to not only creat e but to maintain a sustainable database of attached
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