There are three critical components in an IMC strategic plan. The first is the definition of the essential nature of the brand. The second is definition of the target audience or audiences. The third component is the set of persuasion tools to be employed in linking the communications of the brand essence to the target(s). Brand Essence The first task of strategic planning for IMC is to define and understand in detail the brand itself and the "equity" that it possesses. A brand is basically a name that refers to an exemplar in a particular product category. Of course, a brand includes tangible, or intrinsic, qualities, such as its physical appearance, its performance attributes, its package, and guarantees or warranties that are attached to it. But perhaps more importantly, a brand involves aspects that the consumer attributes to it beyond its taingible ones. These aspects may include attitudes toward the company that produces the product, attitudes toward the brand itself, beliefs about the brand in relationship to self and others, and so on. Attributes of brands beyond their intrinsic qualities are frequently provided by advertising. In a world filled with parity brands in many product categories, it is often these attributes that determine the success of the brand. We can think of a brand name as "adding value" to a product beyond its intrinsic qualities. We can also think of the brand name as providing critical differentiation between one brand and other brands. Based on this conception of the brand, brand equity can be defined as "everything the consumer walks into the store with" ( Farquhar, 1989, p. 24 ). In other words, equity is the "value added" to the product by the fact that it wears a brand name and has a history in the mind of the consumer. Thus, the first step in building a strategic plan for IMC is to define and explore extensively the brand's essence — both current and intended. Brand essence, as we have seen, involves many attributes. A brand may be associated with a mood, as, for example, Dr. Pepper is associated with an upbeat mood with an individualistic flavor. A brand may cause emotional response in consumers, as, for example, the name Hallmark Cards does as a result of its long history of poignant commercials. Brands may be closely associated with their advertising, that is, people may quickly recall ads when someone mentions the brand name. Or, brands may not bring forth much ad memory at all. This attribute is sometimes called ad cue strength. Brands may have strong associations with visual images. Usually these are the product itself, or sometimes its packaging. But they may also be images that have been present over the course of many years in the advertising for the brand. Brands may belong to categories of products that people are highly involved with, or they may belong in low-interest categories. Brand essences -3- |