Preview

Marcomm

Better Essays
Open Document
Open Document
1979 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marcomm
Executive Summary
The Integrated Marketing Communication uses various methods of marketing, such as advertising, direct marketing, public relation, promotion, interactive marketing and so on, into one marketing mix altogether.
This integrated marketing communications plan is designed for luxury watch company, Avenal Watch Company. The importance and objectives of implementing an Integrated Marketing Communication plan for Avenal Watch Company is to effectively gain awareness from the target market to promote the launch of an upcoming new watch. Also, a successfully implemented IMC campaign would draw maximum attention towards Avenal Watch Company’s future offering of new products and services.
This Integrated Marketing Communication plan will also try to turn around the target audience’s less than favourable opinion of Avenal Watch Company as a local brand compared to other luxury watch companies from Europe. Avenal Watch Company will have to set aside a huge advertising budget in order for to communicate effectively with the target market by focusing more on the media advertising, interactive marketing and public relations such as special events and sponsorships.
This IMC plan will be used to achieve the marketing and communications objectives of this plan as well as address some of the issues and challenges surrounding implementation and success of the Avenal Watch Company as a local luxury watch company.

Introduction
A watch is more than just a timepiece, just like the same way a car is more than just a form of transportation. But while a car starts to lose value once you drive it off the lot, there are some watches that actually gain value, especially at auctions: high-end luxury watches. Also, luxury watches are the perfect gift to pass on to your son and grandson, making it an excellent way to keep up a family tradition.
It is no doubt that a watch reflects the status and achievement of the man who wears it. It is also true that a watch is



References: Websites Joseph Schwartz (2011) The 3 Most Important Reasons Why You Must Wear a Watch from http://www.managementstudyguide.com/implementing-integrated-marketing-communication-plan.htm Pavol Janovicek (2011) Wrist Watches – Symbols of Prosperity, Fashion, and Innovations from http://www.cruzine.com/2011/01/20/wrist-watches-showcase/ Ariel Adams (2011) Top Reasons You Want A Nice (Expensive) Watch from

You May Also Find These Documents Helpful

  • Good Essays

    When we think about Casio watches, most of us certainly picture those useful, efficient, multi-functional yet economical watches. Casio is normally not recognized as a manufacture of luxury or special utility watches and surely not for the diving watches. But there are some…

    • 472 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Throughout part 1 of the research paper IMC will be discussed and defined explaining the elements of the communication mix which includes: advertising, direct marketing, sales promotion, publicity/public relations and personal selling. The pros and cons will be given for each element. Part 2 will give a brief detail on the product that was created and the approach that will be made using IMC approach. Therefore; once the readers have completed reading the research paper they will be able to understand the message that is being communicated based on the core strategy that has been implemented. The readers will…

    • 1108 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    This week's discussion focuses on integrated marketing communications. Companies use various promotional tools in order to design successful integrated marketing communication strategies.…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The use of the products value is the foundation of products. Make superb quality of the product is to maintain long-term life of luxury brand.If we want to further understand the value of hublot watches,We…

    • 2589 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Marketing is an important area in any company. Integrated marketing is an area of the marketing world. This type of marketing can increase brand value and this allows for a high turnover on the company’s investments. We will review a company and describe the purpose and value of integrated marketing, as well as showing what value the plan adds to the company.…

    • 771 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Gold Watch for sale! Hello, I’m Jim, and I’m selling my gold watch. It is very beautiful and priceless. It was was my fathers’ fathers. It opens quickly, has a deer on the front, and I’m willing to sell it to buy Della a gift.…

    • 458 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    IMC Plan

    • 4936 Words
    • 20 Pages

    This plan includes a promotion opportunity analysis, corporate strategies and our IMC Objectives: Consumer and Distribution. This plan will also include an advertising plan, promotions, personal selling, sponsorships and database programs. Additionally, a media plan and methods of evaluating the success of this IMC plan are described. HOLA is a unique and high-end jewelry brand that wants to introduce beautiful fashion statement. Not only will we sell a beautiful fashion statement but a great concept along with the brand that will give us the opportunity to enhance our brand image. Our products will be offered in sterling silver and gold with multiple designs of earrings, bracelets, rings and necklaces. This brand is primarily offered to Hispanics in the USA. The main idea is to bring a sense of unity and pride among Hispanic Americans living in the USA. They will not only love the fact of wearing beautiful jewelry, but the fact to be supporting Hispanic non-profit organizations by buying our products. Since HOLA is a new brand that will be launching in the beginning of 2009, we want to make sure to create brand awareness among potential customers and future distribution partners by advertising in various medias. Our main objectives for this IMC plan are to build a strong brand image, to develop brand awareness and to enhance the firm image. On the other hand, we also want to encourage…

    • 4936 Words
    • 20 Pages
    Satisfactory Essays
  • Powerful Essays

    Annie

    • 2471 Words
    • 10 Pages

    This paper will discuss the positioning and success of Hublot watches in achieving the luxury watch worldwide. In order to make a good analysis, a lot of information has been gathered through the official website as well as the advertisement on TV. These information is also combined with the knowledge of marketing mix and positioning acquired earlier in the course. The main concepts mentioned have been sourced from Brassington F. And Pettitt S.(2007). Discussion will focus on the usage of the four element of marketing mix---product, price, place and promotion.…

    • 2471 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Renault the Entry Into India

    • 5704 Words
    • 23 Pages

    The position of the brand has to be carefully maintained. When Marlboro reduced its prices, sales dropped immediately because its customers began associating it with the generic segment. Rolex watches are even more dramatically positioned as a luxury items, and have become a symbol for accomplishment in life. If Rolex reduces its prices, it will reduce brand cachet and sales. This differs slightly from the context in which the term was first…

    • 5704 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    The Integrated Marketing Communications is a planning process designed to make an effective campaign by using all the different aspects of marketing communications such advertising , sales promotion, sponsorship, direct marketing, internet marketing or personal selling, to send a clear, consistent, competitive and credible message about the company. We can state that whit its Marketing Communication Strategy, the club has been able to create a very profitable visual impact and consumer credibility worldwide.…

    • 559 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Rolex Branding

    • 678 Words
    • 3 Pages

    • History – Industry Grew up in Geneva – Swiss Watches have a Worldwide Reputation for Quality • Technological Developments – Mechanical Watches have 100 to 130 components – Light-emitting diodes (LED) – Liquid Crystal Display (LCD) – Quartz Analog • Brands now Compete on: – Features – Product Attributes – Positioning…

    • 678 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Brozek, J. (2004). The History of and Evolution of the Wristwatch. International Watch Magazine. Retrieved on November 22nd, 2011, from http://www.qualitytyme.net/pages/rolex_articles/history_of_wristwatch.html…

    • 6117 Words
    • 25 Pages
    Powerful Essays
  • Satisfactory Essays

    It is true money can buy you the most expensive watch wearing it you can flaunt around.But it will show the same time as shown by a normal watch.Wearing that expensive watch will give status for sure but time will not go according to you.…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Copy of Esprit -Imc

    • 5669 Words
    • 19 Pages

    The report explained the interactive marketing communication of Esprit Time Wear International belongs to the legendary Susie Russell and Doug Tompkins, whether the company has a feedback response with its customers and also talked about the marketing plan of Esprit. This includes the missions, goals, and strategy applied by Esprit in order to have brand equity amongst its customers, for that they undertake a future program based on the pass and actual actions.…

    • 5669 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Plc of Titan

    • 1539 Words
    • 7 Pages

    Now let us analyze the promotional campaigns of Titan watches as the watch industry transformed from growth stage to maturity. Of late, the innovation in the wrist watches has mostly been incremental. Thus, the product, by itself, didn’t require to be explained of its functional benefits, unless a new line with some features like water proof etc were introduced. When Titan entered the Indian wrist watch industry in 1988, the market was in the late growth/ early maturity stage.…

    • 1539 Words
    • 7 Pages
    Good Essays