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NMIMS
Master of
Business Administration - MBA Semester 4
Integrated Marketing Communications
Q1. You are a baker and have set up your own
Bakery. You have the resources and enough space to fulfil orders in New Mumbai.
Describe how would you promote your brand to maximize the no. of orders per
day?
Answer. Sales promotions are short term incentives provided
by the company to boost sales. In other words, sales promotion includes several
communications activities that attempt to provide added value or incentives to
consumers, wholesalers, retailers, or other organizational customers to
stimulate immediate sales. Some marketers tried reaching customers directly
with these tools on a one-to-one basis to assess whether this can stimulate
immediate behavioural response and now direct marketing is a rapidly growing
discipline in marketing.
According to the
Institute of Sales Promotion,
"Sales
Promotion comprises that range of techniques used to attain sales or marketing
objectives in a cost effective manner by adding value to a product or service
either to intermediaries or end users,
Q2. You are the brand manager of a hygiene
soap which protects you from germs. You have launched a campaign to build
awareness on the importance of washing hands. For this the brand has tied up
with an NGO to create awareness across the country especially in smaller towns.
How will you leverage this association to build positive equity for your brand?
Answer. Brands are everywhere in our life. A product
is anything that can be offered to a market for attention, use, or consumption
that might satisfy a need or want. A product is a physical good, service,
retail store, person, organisation, place, or idea. A brand helps the customer
to distinguish the goods of one producer from another. Let us understand the
conceptual meaning of the term brand. A person is known by a name. Likewise, a
product is known by a brand name, which enables the consumers to distinguish it
from other products. A brand name of a product or service means many things to
a consumer. It may mean a symbol of quality or it may be associated with
his/her lifestyle.
Q3. Case Study
ICICI ropes in Shahrukh khan as their Global
Brand Ambassador
You are Brand Manager at ICICI – Retail
Banking and have tied up with Shahrukh Khan as the Brand ambassador.
a. Think of an interesting active integration
of ICICI in the next Shahrukh film.
b. How would you leverage Shahrukh to promote
your brand?
Answer. Brands are everywhere in our life. A product
is anything that can be offered to a market for attention, use, or consumption
that might satisfy a need or want. A product is a physical good, service,
retail store, person, organisation, place, or idea. A brand helps the customer
to distinguish the goods of one producer from another. Let us understand the
conceptual meaning of the term brand. A person is known by a name. Likewise, a
product is known by a brand name, which enables the consumers to distinguish it
from other products.
There are some
points which should be checked while selecting a brand ambassador
Character:
Selected brand ambassador should have good and clean character so that people
can connect with him/her and trust his/her sayings about the product.
Personality: It
is essential to have pleasant personality for a brand ambassador such as good
image, fun loving,
Get fully solved
assignments.
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08894344452, 08728863595
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