Sunday, November 18, 2012

Integrated Market Communication

Integrated marketing communication is said to be an approach to brand communications where different elements of promotional mix work together to create a wonderful experience for customers, i.e. sending across "similar tone and style that reinforces the brand's core message. For Duane Reade, the key success to an effective market communication is the integration of its four promotional strategies which are; advertisement, sales promotions, In-store presentations, the spanning and strategic locations of its stores. In terms of adverts, little is done. Duane Reade does not really engaged in day-to-day mass media advert, instead, it uses mainly two types of advertisement i.e. "institutional and product advertising" to convey its products to target consumers. It constantly uses adverts such as institutional to enhance and improve the company's Image; after all, customers/consumers with good perception and perspective of particular company, tends to patronize that company. And likewise the product(s) adverts, which is sometimes used to introduce new product(s) to the existing market.


Institutional and Product Adverts

 










Sales promotion is another key element of the integration. Duane Reade uses this promotional strategy to attract potential customers, and keep the existing ones. It offers several incentive programs like coupons for price reduction; reward Programs, customer Sampling and Point of Purchase Promotions, as a way of encouraging, keeping and attracting both its existing and potential consumers. However, having mentioned all these, the spanning and strategic locations of its stores, is what would be considered a 'grand breakthrough' for its promotional strategy. Not only that Duane Reade operates in strategic places(commercial and residential areas), it also has well over 253 stores to make its target consumers aware of the company and its products, as compared to its major competitors such as Walgreens(13 stores), Rite-Aids (27 stores), and CVS (15 stores). And finally, the in-store layout is what makes Duane Reade different from the rest of its competitors, and even as a regular drug store. It offers various product assortments, which not only target a particular niche in the target market, but whole. . Duane offers appealing designs and description of products, using colors to differentiates where items are location. Customers/consumers with good shopping experience are more likely to come back. All these strategies have been put together to make a very broad integrated market communication.


Sales promotions

 

In-Store Layout/Strategic Locations

                

 










Sampling