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1   Project Report – Integrated Marketing Communication




                                 INTEGRATED MARKETING PLAN


                                                          PREPARED BY

                                                            Ritwik Jain
                                                           Nitin Verma
                                                          Prashant Bansal
                                                           Varun Bansal
                                                           Vidur Pandit
            IMT Ghaziabad | PGDM DCP 2010 - 2012
2     Project Report – Integrated Marketing Communication



    Table of Contents
    Introduction ................................................................................................................................................................................................................... 4
    Goals and Strategies ...................................................................................................................................................................................................... 5
    Primary and Target Audiences ....................................................................................................................................................................................... 6
    Current IMC for Brand IMT ............................................................................................................................................................................................ 7
       Facebook Page ........................................................................................................................................................................................................... 7
       Twitter Page ............................................................................................................................................................................................................... 7
       YouTube Video ........................................................................................................................................................................................................... 7
       News Items and newspaper Articles.......................................................................................................................................................................... 7
    Internal Brand Assessment Findings .............................................................................................................................................................................. 8
       Opinions of the project group.................................................................................................................................................................................... 8
       Features of IMT .......................................................................................................................................................................................................... 9
       Benefits Identified from Features ............................................................................................................................................................................ 10
       Primary Reasons for Choosing IMT .......................................................................................................................................................................... 11
       What Students want from an MBA College ............................................................................................................................................................. 11
    PROPOSED PLAN .......................................................................................................................................................................................................... 11
       Creative Brief ........................................................................................................................................................................................................... 11
       Objectives ................................................................................................................................................................................................................ 12
       Target Audience ....................................................................................................................................................................................................... 12
       Creative Brief ........................................................................................................................................................................................................... 12
       Overall Tone and Style ............................................................................................................................................................................................. 13
       Imagery .................................................................................................................................................................................................................... 13

                     IMT Ghaziabad | PGDM DCP 2010 - 2012
3     Project Report – Integrated Marketing Communication


       Brand Strategy Scorecard ........................................................................................................................................................................................ 14
       Lead Generation Strategy Scorecard ....................................................................................................................................................................... 15
       PR Strategy Scorecard .............................................................................................................................................................................................. 16
       Social Media Plan ..................................................................................................................................................................................................... 17
       Event Marketing Strategy Plan ................................................................................................................................................................................ 18
       Internal Marketing Communications Plan ............................................................................................................................................................... 19
       Marketing Communications Plan Budget ................................................................................................................................................................ 20
       Marketing Communications Calendar ..................................................................................................................................................................... 20
    References ................................................................................................................................................................................................................... 21




                     IMT Ghaziabad | PGDM DCP 2010 - 2012
4    Project Report – Integrated Marketing Communication



    Introduction

    The purpose of the IMT Ghaziabad Integrated Marketing Plan is to increase the overall visibility and enhance the reputation of the
    college. The hallmarks of the college are academic excellence, responsive student services, advanced technology, community and
    industry partnerships, and workforce and economic development. IMT’s marketing efforts are meant to highlight the excellent
    education and dynamic services it provides to the community, and ensure the college’s growth, prosperity and future.

    Marketing should be recognized as a central, core operating principle of the college. According to the American Marketing
    Association (AMA), marketing is “an organizational function and a set of processes for creating, communicating, and delivering
    value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.”

    Within the above definition of marketing is an affirmation of an integrated approach to marketing which enhances the college’s
    reputation. Integrated marketing means applying a variety of communication and marketing strategies and efforts from various
    groups and/or departments across the college. Marketing has the goal of managing lifetime relationships in ways that benefit the
    student/community member/donor and the institution.

    The key to integrated marketing is shared goals across the college. All departments work to accomplish the College’s goals that
    support the institutional vision. There should be a marketing dimension to all college plans, rather than marketing being solely one
    department’s responsibility. The Office of Development, Marketing & Public Relations’ role is to coordinate and support marketing
    resources and efforts. Decision-making regarding approaches to targeted marketing will be also made in consultation with the
    Instructional Leadership Team. A timeline for creating fall and spring promotional campaigns is under development.

    When resources are coordinated and communication is effective, the college can best serve its students and community. This
    means everyone on campus is able to concisely articulate the college’s vision, which serves as the “beacon” as we work together to
    develop, promote, and deliver IMT’s genuinely distinctive educational experience.

    The college is making progress toward an integrated marketing approach. As a result, the college redesigned the college logo,
    developed Visual Identity Standards and a Comprehensive Style Guide, completed a primary publications review resulting in a
    process to redesign the college’s Web site.


              IMT Ghaziabad | PGDM DCP 2010 - 2012
5    Project Report – Integrated Marketing Communication


    The need for marketing exceeds the marketing resources currently available. Therefore, the primary reason for developing this
    integrated marketing plan is to maximize resources through improved coordination of efforts.


    Goals and Strategies

    The purpose of the IMT Integrated Marketing Plan is to increase visibility of the college through coordinated efforts and consistent
    messaging, thereby enhancing the college’s reputation and helping to grow enrollment. These efforts also focus on recruiting new
    students, retaining current students, communicating within the college community, and forging relationships with donors, alumni
    and business partners.

    IMT’s marketing goals and strategies are to:

    Goal 1. Build the reputation of the college through broad messaging.

           Strategy 1.1 Communicate effectively with the internal campus community (i.e. Students, faculty, staff) to build awareness
           of events, activities, courses, programs and services

           Strategy 1.2 Communicate effectively with the external community (i.e. businesses, donors, alumni, media, and
           prospective students and their parents) to build awareness of events, activities, courses, programs and services


    Goal 2. Increase enrollment and improved access through targeted marketing and promotion.

           Strategy 2.1 Support college promotion of specific events, activities, courses, programs and services

           Strategy 2.2 Support outreach efforts through development of materials and marketing expertise




              IMT Ghaziabad | PGDM DCP 2010 - 2012
6    Project Report – Integrated Marketing Communication


    Goal 3. Support marketing decisions with evidence from stakeholder groups.

           Strategy 3.1 Conduct on-going research studies to support marketing and outreach decisions
           Strategy 3.2 Conduct behavioral research studies that identify market segments for target marketing efforts


    Primary and Target Audiences

    Marketing is most effective when its message is tailored to the audience the college wants to reach and in the medium that is most
    appropriate. This method of honing in on specific groups with a message that is clear and useful to the recipients is called targeted
    marketing.

    Determining these targeted audiences, what motivates them and the message that is needed to create desired behavior (i.e.
    registering for classes) is especially critical when a college has limited resources. “General publicity is helpful, but targeted
    marketing is critical.”

    General audiences are:

    1. Students who live close to IMT, for whom IMT is the most convenient choice
    2. Students in the larger geographic area who seek a great education at an affordable price
    3. Parents and family decision makers
    4. College graduates, looking at domestic as well as global exposure
    5. Experienced professionals looking at executive courses
    6. Working class executives looking at a Distance/Correspondence courses
    7. Faculties wanting to earn a PhD through research studies
    8. Corporates wanting to up-skill their employees through MDP’s
    9. Exchange students




              IMT Ghaziabad | PGDM DCP 2010 - 2012
7    Project Report – Integrated Marketing Communication



    Current IMC for Brand IMT


    Facebook Page
          a. Brief introduction about the Institute in form of Description, Mission, Awards & Products
          b. Post Information, pictures and videos about various events that have been or are being organized at IMT, also a
             dedicated pages for festivals
          c. Photo Albums of current batch, orientation program, convocation, alumni meet etc.
          d. Notes wherein alumni and visiting faculty shares their experiences at IMT
          e. Open for anyone to write on Wall asking questions, giving comments and involving in discussions


    Twitter Page
          f. Brief introduction about the institute
          g. Tweeting about the upcoming events and activities
          h. Reaching out to people related to MBA education by allowing them to follow the page and by following certain relevant
             pages of selective institutes and organizations


    YouTube Video
          i. A small video clip depicting snaps from student life and work culture at IMT
          j. Message and Opinions of the Director
          k. Stresses on distinctive strengths of IMT e.g. Foreign Students Exchange Program, practicality in learning and strategic
             location


    News Items and newspaper Articles
          l. Information about opening of new campuses and distant learning centers
          m. News about events and conclaves being held at the campus
          n. Placements results and media coverage of Convocation

             IMT Ghaziabad | PGDM DCP 2010 - 2012
8    Project Report – Integrated Marketing Communication



    Internal Brand Assessment Findings


    Opinions of the project group


    Top 6 descriptors of how the college should be portrayed



                                Student                Academically                     Cost      Welcoming
        Professional                                                     Innovative
                                Centered                  Strong                      Effective    Nature




    Other descriptors deemed important but less critical:




         Successful              Diverse              Transformational   Exclusive    Engaging     Vibrant




               IMT Ghaziabad | PGDM DCP 2010 - 2012
9    Project Report – Integrated Marketing Communication



    Features of IMT

                                   Positive                 Negative

                                      Heritage               Infrastructure

                                      Caring                 Small Campus Size

                                      Successful

                                      Affordable

                                      Convenient

                                      Ethical

                                      Transfer Program

                                      Good Placements

                                      Diversity

                                      Location

                                      Experience Faculty

                                      Global Exposure

                                      Plethora of Courses

                                      Corporate Exposure

             IMT Ghaziabad | PGDM DCP 2010 - 2012
10    Project Report – Integrated Marketing Communication



     Benefits Identified from Features




                                                                           Feel at Home


                                                    Student                                             Corporate
                                                   Democracy                                            Exposure




                                      Learning &                                                                     Increased
                                     Development                                                                    Confidence

                                                                           Benefits



                                           Student
                                                                                                               Better Pay
                                           Success




                                                            Increased                       Global
                                                           Participation                  Perspective




              IMT Ghaziabad | PGDM DCP 2010 - 2012
11    Project Report – Integrated Marketing Communication



      What Students want from an MBA College                Primary Reasons for Choosing IMT




     Good placement record

     Good faculty

     Heritage

     Corporate interaction

     Projects/Internships




     PROPOSED PLAN


     Creative Brief




                IMT Ghaziabad | PGDM DCP 2010 - 2012
12    Project Report – Integrated Marketing Communication



     Objectives

           Build its reputation for providing a great education at an affordable price
           Double digit placement package and single digit rank
           Attract new faculty and staff
           More global exposure



     Target Audience

           Students who live close to IMT, for whom IMT is the most convenient choice
           Students in the larger geographic area who seek a great education at an affordable price
           Parents and family decision makers
           College graduates, looking at domestic as well as global exposure
           Experienced professionals looking at executive courses
           Working class executives looking at a Distance/Correspondence courses
           Faculties wanting to earn a PhD through research studies
           Corporates wanting to up-skill their employees through MDP’s
           Exchange students


     Creative Brief

     World class and cost effective educational opportunity




               IMT Ghaziabad | PGDM DCP 2010 - 2012
13    Project Report – Integrated Marketing Communication



     Overall Tone and Style

     Welcoming: - IMT is a place where people go out of their way to help each other, where diversity means an exchange of culture and experience,
     and where ideas and experience are warmly embraced.

     Professional:-It assures a student of a solid exchange of value. It must equip its students of corporate interaction to hone their professional
     skills.

     Inspirational:-Must encourage students to take advantage of what the college has to offer. This inspiration speaks both to the opportunities
     available at IMT and beyond as well as recognizing the attaining a college education.

     Convenient:-Convenience is more than the location. IMT materials must be easy to read and understand. Its course structure should help the
     students through a better understanding. Its placement procedure should direct the student towards a prosperous career.



     Imagery

     IMT’s imagery in its ads should appear professional, engaging and collegiate. The image of IMT is of student achievement and academic
     excellence: graduates attending lectures, students engaged in extracurricular activities, corporate seminars etc. IMT is also a diverse campus
     with students from all over the world. It also should focus on its presence in other cities in India as well as Dubai. Finally photos of the campus
     across locations should be used, both India and Dubai, especially post the completion of the new academic block at Ghaziabad.




                IMT Ghaziabad | PGDM DCP 2010 - 2012
14    Project Report – Integrated Marketing Communication



     Brand Strategy Scorecard

      Initiatives                    Metrics & KPI’s                   Goals                             Cost

      Website Redesign               # of visitors                     10,000/month                      Rs. 1,50,000
                                     # of web leads                    250/month
                                     # of applications downloaded      5000
                                     Average time on site              2.5 mins/visit
      Perception Surveys             # survey responses                200 responses                     Rs. 50,000
                                     Survey Results                    Establish benchmarks
      Online Advertising             % brand awareness                 20% increased awareness           Rs. 5,00,000
      Total                                                                                              Rs. 7,00,000

     Branding your website is more than looking good; it is communicating the value that you stand for, the unique personality of your
     business in a world full of competition and mass-produced sites. A website cannot be treated as independent of your other
     branding efforts. It needs to be a reflection of all other branding, marketing and advertising efforts. Our website messaging and
     online marketing efforts should communicate valuable information that is useful to our students. The voice and tone of
     communication should be in alignment with our students’ mindset. To get the most out of our communication efforts, there are
     four essential elements all sites should include. They are: Clear and effective messaging, strong calls to action, stickiness factors
     and social media integration. Color schemes, logo design, layout – our website should be designed with our target consumer in
     mind.

     Use a Brand Perception Survey to quickly understand how your brand is viewed in the market, what brand attributes are preferred
     by customers, and to identify how your customers competitively position your products/services.

     Benefits of Internet advertising – It reaches out to the masses, it is targeted advertising, it enables good conversion tracking, has
     lower investments and can have a greater range. Our students who are primarily in their young 20’s are heavy users of the internet
     and online advertising is a huge opportunity to targets this online community.

               IMT Ghaziabad | PGDM DCP 2010 - 2012
15    Project Report – Integrated Marketing Communication



     Lead Generation Strategy Scorecard

      Initiatives                    Metrics & KPI’s                  Goals                             Cost

      Email Marketing                # leads                          100/month                         Rs. 3,00,000
                                     CTR                              Average 5% CTR
      Calling Campaign               # of dials/day                   50 dials/day/rep                  Rs. 7,00,000
                                     # of visits generated            5 appointments daily

      Webcast Series                 # of webcast attendees           200/event                         Rs. 2,00,000
                                     # of leads generated             5 leads/event
      Brochures/Prospectus           # sent out                       TBD                               Rs. 6,00,000
                                     # subscribed                     1000/month                        Rs. 2,00,000
      Total                                                                                             Rs. 20,00,000


     No matter where you are or whom you need to reach, targeted emails pave the way. Borders are no obstacles in email marketing.
     Costs incurred in designing, executing, testing, sending and receiving an email is up to 78% less for a run of 5000 over paper-based
     direct mail version. When you add e-mail to your marketing mix, you spend less time, money and resources than with traditional
     marketing vehicles like direct mail or print advertising. Email enables you to personalize and greet every person you target. This
     helps in creating a special bond with the prospects.

     Webcasts help us reach out to people who are not able to travel and attend seminars or programs. An on-demand version of your
     event is automatically archived for availability to those who have missed it. Cut costs on many factors associated with in-person
     meetings, such as travel, accommodations, and refreshments. By using online conferencing methods you can also save money on
     long distance international calls.

     Calling provides an effective way to perform relationship marketing. You can use the phone to stay in touch with existing
     students/corporates. Allows for interaction and personal selling. You can immediately respond to feedback from prospects while
     you're engaged in the sales process.

               IMT Ghaziabad | PGDM DCP 2010 - 2012
16    Project Report – Integrated Marketing Communication



     PR Strategy Scorecard

      Initiatives                     Metrics & KPI’s                   Goals                             Cost

      Develop Key Contacts            # journalists and editors         50 industry contacts              Rs. 3,00,000

      Press Releases                  # hits                            1 release/month                   Rs. 5,00,000
                                      # releases                        20,000 hits/year

      Key Note Speeches               # of presentations                1 per quarter                     Rs. 5,00,000

      Total                                                                                               Rs. 13,00,000



     Press Releases are the most popular means of providing publicity online and offline. One sure-fire way to get IMT known is by using
     press releases. A press release is written material that announces a news type event. Television networks, radio stations,
     magazines, and newspapers as well as online resources will publish the announcement if your news story peaks interest.

     The press release that gets published on one of the media outlets will have our website link provided within it. Those who have
     reviewed our release and want more information will click through the link or check out the website. The more a prospect sees
     IMT’s name being mentioned the more likely they will remember.

     The press release can also help to get IMT more credibility. Prospects will start to see us as an expert in our field and think that we
     should be the one to go to when they quality education.




               IMT Ghaziabad | PGDM DCP 2010 - 2012
17    Project Report – Integrated Marketing Communication



     Social Media Plan

      Initiatives                    Metrics & KPI’s                   Goals                              Cost

      Implement Blog                 # blog postings                   5 postings/month                   Rs. 2,00,000


      Twitter                        # of followers                    500 by year end                    Rs. 2,00,000


      Facebook                       # of fans                         500 by year end                    Rs. 5,00,000

      Article Marketing              # of articles syndicated          1 article/month                    Rs. 2,00,000

      Total                                                                                               Rs. 11,00,000



     Social media is the new age communication tool and more youngsters are now taking up this activity than ever before. Social
     media is a great tool to reach targeted audience in the fastest way possible. It as well enhances the reputation of the institute as a
     world name. This is why any full educational institute requires constant Social media presence to be seeable online. Scholarly
     persons are the most frequent users of the Cyberspace.

     When they are essaying institutes to see at a higher grade, or subject fields that aren’t available in their country, they seek
     information considering such subjects online. Peer reviews are highly valued while deciding to join a certain MBA college and it is
     essential for IMT to have presence in all such forums like Pagalguy.com, Facebook, and Twitter etc. It can also provide a cost
     effective way for IMT to interact with prospective students, announce events and draw participation from the student community.




                IMT Ghaziabad | PGDM DCP 2010 - 2012
18    Project Report – Integrated Marketing Communication



     Event Marketing Strategy Plan

      Events                           When                          Value Additions                  Cost

      IMT Initiated Competitions       As and when required          Brand awareness                  Rs. 10,00,000
                                                                     Generate Leads
                                                                     Brand Building
                                                                     Incentives for students
      External Competitions            As and when required          Brand awareness                  Rs. 15,00,000
                                                                     Generate Leads
                                                                     Brand Building
                                                                     Incentives for students
      CSR Events                       As and when required          Brand Building                   Rs. 5,00,000
                                                                     Community Development
      Alumni Events                    Every year end                Connection with Alumni           Rs. 5,00,000
                                                                     Good Will
      Total                                                                                           Rs. 35,00,000


     Event marketing can be accomplished in two ways, either as a participant or as a sponsor. There is no limit to the different ways
     that event marketing can increase awareness about IMT and introduce prospects to the advantages of partnering with IMT.

     Event marketing activity can be held locally or on a national forum. Both activities can bring new prospects, and in some cases
     demonstrate goodwill, which can make a favorable impression and impart a positive image for IMT. The advantage of event
     marketing is to move from the one-on-one basis of selling to group selling. Events offer a more personalized and customized
     message to the audience. Events like competitions, cultural shows and corporate events are a good platform to highlight student
     potential, academic ability and corporate readiness of IMT’s students.




               IMT Ghaziabad | PGDM DCP 2010 - 2012
19    Project Report – Integrated Marketing Communication



     Internal Marketing Communications Plan

     Communication Type                     Frequency              Delivery Method

     Corporate Events & News                Monthly Report         Email
                                                                   Intranet
                                                                   Internet
                                                                   Posters
     Policy and Procedure Changes           As and when required   Email
                                                                   Intranet
                                                                   Internet
                                                                   Posters
                                                                   Meetings
     Product Launches                       As and when required   Email
                                                                   Intranet
                                                                   Internet
                                                                   Posters
                                                                   Meetings
     Personnel Changes                      As and when required   Email
                                                                   Notices
     Industry and Competitors News          Weekly Report          Email
                                                                   Notices
     Corporate Performance Reports          Monthly Report         Emails
                                                                   Notices
     Press and Blog Mentions                Monthly Report         Emails




              IMT Ghaziabad | PGDM DCP 2010 - 2012
20    Project Report – Integrated Marketing Communication



     Marketing Communications Plan Budget

                   Overall Budget Break-Up
                         8%
                                                  Brand Strategy
             41%               23%                Lead Generation
                                                  PR
                   13%        15%
                                                  Social Media
                                                  Event Marketing



     Marketing Communications Calendar




              IMT Ghaziabad | PGDM DCP 2010 - 2012
21    Project Report – Integrated Marketing Communication



     References

     www.wikipedia.com

     www.google.com

     www.mbauniverse.com

     www.pagalguy.com

     www.managementparadise.com

     www.quickmba.com

     www.marketingplan.net

     www.smallbiztrendz.com

     www.bizammo.com

     www.scribd.com

     www.slideshare.net

     www.jempp.com

     www.selfseo.com

     www.polkatimesnewspaper.com

     www.demandmetric.com



               IMT Ghaziabad | PGDM DCP 2010 - 2012

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Integrated marketing plan

  • 1. 1 Project Report – Integrated Marketing Communication INTEGRATED MARKETING PLAN PREPARED BY Ritwik Jain Nitin Verma Prashant Bansal Varun Bansal Vidur Pandit IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 2. 2 Project Report – Integrated Marketing Communication Table of Contents Introduction ................................................................................................................................................................................................................... 4 Goals and Strategies ...................................................................................................................................................................................................... 5 Primary and Target Audiences ....................................................................................................................................................................................... 6 Current IMC for Brand IMT ............................................................................................................................................................................................ 7 Facebook Page ........................................................................................................................................................................................................... 7 Twitter Page ............................................................................................................................................................................................................... 7 YouTube Video ........................................................................................................................................................................................................... 7 News Items and newspaper Articles.......................................................................................................................................................................... 7 Internal Brand Assessment Findings .............................................................................................................................................................................. 8 Opinions of the project group.................................................................................................................................................................................... 8 Features of IMT .......................................................................................................................................................................................................... 9 Benefits Identified from Features ............................................................................................................................................................................ 10 Primary Reasons for Choosing IMT .......................................................................................................................................................................... 11 What Students want from an MBA College ............................................................................................................................................................. 11 PROPOSED PLAN .......................................................................................................................................................................................................... 11 Creative Brief ........................................................................................................................................................................................................... 11 Objectives ................................................................................................................................................................................................................ 12 Target Audience ....................................................................................................................................................................................................... 12 Creative Brief ........................................................................................................................................................................................................... 12 Overall Tone and Style ............................................................................................................................................................................................. 13 Imagery .................................................................................................................................................................................................................... 13 IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 3. 3 Project Report – Integrated Marketing Communication Brand Strategy Scorecard ........................................................................................................................................................................................ 14 Lead Generation Strategy Scorecard ....................................................................................................................................................................... 15 PR Strategy Scorecard .............................................................................................................................................................................................. 16 Social Media Plan ..................................................................................................................................................................................................... 17 Event Marketing Strategy Plan ................................................................................................................................................................................ 18 Internal Marketing Communications Plan ............................................................................................................................................................... 19 Marketing Communications Plan Budget ................................................................................................................................................................ 20 Marketing Communications Calendar ..................................................................................................................................................................... 20 References ................................................................................................................................................................................................................... 21 IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 4. 4 Project Report – Integrated Marketing Communication Introduction The purpose of the IMT Ghaziabad Integrated Marketing Plan is to increase the overall visibility and enhance the reputation of the college. The hallmarks of the college are academic excellence, responsive student services, advanced technology, community and industry partnerships, and workforce and economic development. IMT’s marketing efforts are meant to highlight the excellent education and dynamic services it provides to the community, and ensure the college’s growth, prosperity and future. Marketing should be recognized as a central, core operating principle of the college. According to the American Marketing Association (AMA), marketing is “an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.” Within the above definition of marketing is an affirmation of an integrated approach to marketing which enhances the college’s reputation. Integrated marketing means applying a variety of communication and marketing strategies and efforts from various groups and/or departments across the college. Marketing has the goal of managing lifetime relationships in ways that benefit the student/community member/donor and the institution. The key to integrated marketing is shared goals across the college. All departments work to accomplish the College’s goals that support the institutional vision. There should be a marketing dimension to all college plans, rather than marketing being solely one department’s responsibility. The Office of Development, Marketing & Public Relations’ role is to coordinate and support marketing resources and efforts. Decision-making regarding approaches to targeted marketing will be also made in consultation with the Instructional Leadership Team. A timeline for creating fall and spring promotional campaigns is under development. When resources are coordinated and communication is effective, the college can best serve its students and community. This means everyone on campus is able to concisely articulate the college’s vision, which serves as the “beacon” as we work together to develop, promote, and deliver IMT’s genuinely distinctive educational experience. The college is making progress toward an integrated marketing approach. As a result, the college redesigned the college logo, developed Visual Identity Standards and a Comprehensive Style Guide, completed a primary publications review resulting in a process to redesign the college’s Web site. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 5. 5 Project Report – Integrated Marketing Communication The need for marketing exceeds the marketing resources currently available. Therefore, the primary reason for developing this integrated marketing plan is to maximize resources through improved coordination of efforts. Goals and Strategies The purpose of the IMT Integrated Marketing Plan is to increase visibility of the college through coordinated efforts and consistent messaging, thereby enhancing the college’s reputation and helping to grow enrollment. These efforts also focus on recruiting new students, retaining current students, communicating within the college community, and forging relationships with donors, alumni and business partners. IMT’s marketing goals and strategies are to: Goal 1. Build the reputation of the college through broad messaging. Strategy 1.1 Communicate effectively with the internal campus community (i.e. Students, faculty, staff) to build awareness of events, activities, courses, programs and services Strategy 1.2 Communicate effectively with the external community (i.e. businesses, donors, alumni, media, and prospective students and their parents) to build awareness of events, activities, courses, programs and services Goal 2. Increase enrollment and improved access through targeted marketing and promotion. Strategy 2.1 Support college promotion of specific events, activities, courses, programs and services Strategy 2.2 Support outreach efforts through development of materials and marketing expertise IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 6. 6 Project Report – Integrated Marketing Communication Goal 3. Support marketing decisions with evidence from stakeholder groups. Strategy 3.1 Conduct on-going research studies to support marketing and outreach decisions Strategy 3.2 Conduct behavioral research studies that identify market segments for target marketing efforts Primary and Target Audiences Marketing is most effective when its message is tailored to the audience the college wants to reach and in the medium that is most appropriate. This method of honing in on specific groups with a message that is clear and useful to the recipients is called targeted marketing. Determining these targeted audiences, what motivates them and the message that is needed to create desired behavior (i.e. registering for classes) is especially critical when a college has limited resources. “General publicity is helpful, but targeted marketing is critical.” General audiences are: 1. Students who live close to IMT, for whom IMT is the most convenient choice 2. Students in the larger geographic area who seek a great education at an affordable price 3. Parents and family decision makers 4. College graduates, looking at domestic as well as global exposure 5. Experienced professionals looking at executive courses 6. Working class executives looking at a Distance/Correspondence courses 7. Faculties wanting to earn a PhD through research studies 8. Corporates wanting to up-skill their employees through MDP’s 9. Exchange students IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 7. 7 Project Report – Integrated Marketing Communication Current IMC for Brand IMT Facebook Page a. Brief introduction about the Institute in form of Description, Mission, Awards & Products b. Post Information, pictures and videos about various events that have been or are being organized at IMT, also a dedicated pages for festivals c. Photo Albums of current batch, orientation program, convocation, alumni meet etc. d. Notes wherein alumni and visiting faculty shares their experiences at IMT e. Open for anyone to write on Wall asking questions, giving comments and involving in discussions Twitter Page f. Brief introduction about the institute g. Tweeting about the upcoming events and activities h. Reaching out to people related to MBA education by allowing them to follow the page and by following certain relevant pages of selective institutes and organizations YouTube Video i. A small video clip depicting snaps from student life and work culture at IMT j. Message and Opinions of the Director k. Stresses on distinctive strengths of IMT e.g. Foreign Students Exchange Program, practicality in learning and strategic location News Items and newspaper Articles l. Information about opening of new campuses and distant learning centers m. News about events and conclaves being held at the campus n. Placements results and media coverage of Convocation IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 8. 8 Project Report – Integrated Marketing Communication Internal Brand Assessment Findings Opinions of the project group Top 6 descriptors of how the college should be portrayed Student Academically Cost Welcoming Professional Innovative Centered Strong Effective Nature Other descriptors deemed important but less critical: Successful Diverse Transformational Exclusive Engaging Vibrant IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 9. 9 Project Report – Integrated Marketing Communication Features of IMT Positive Negative Heritage Infrastructure Caring Small Campus Size Successful Affordable Convenient Ethical Transfer Program Good Placements Diversity Location Experience Faculty Global Exposure Plethora of Courses Corporate Exposure IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 10. 10 Project Report – Integrated Marketing Communication Benefits Identified from Features Feel at Home Student Corporate Democracy Exposure Learning & Increased Development Confidence Benefits Student Better Pay Success Increased Global Participation Perspective IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 11. 11 Project Report – Integrated Marketing Communication What Students want from an MBA College Primary Reasons for Choosing IMT Good placement record Good faculty Heritage Corporate interaction Projects/Internships PROPOSED PLAN Creative Brief IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 12. 12 Project Report – Integrated Marketing Communication Objectives  Build its reputation for providing a great education at an affordable price  Double digit placement package and single digit rank  Attract new faculty and staff  More global exposure Target Audience  Students who live close to IMT, for whom IMT is the most convenient choice  Students in the larger geographic area who seek a great education at an affordable price  Parents and family decision makers  College graduates, looking at domestic as well as global exposure  Experienced professionals looking at executive courses  Working class executives looking at a Distance/Correspondence courses  Faculties wanting to earn a PhD through research studies  Corporates wanting to up-skill their employees through MDP’s  Exchange students Creative Brief World class and cost effective educational opportunity IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 13. 13 Project Report – Integrated Marketing Communication Overall Tone and Style Welcoming: - IMT is a place where people go out of their way to help each other, where diversity means an exchange of culture and experience, and where ideas and experience are warmly embraced. Professional:-It assures a student of a solid exchange of value. It must equip its students of corporate interaction to hone their professional skills. Inspirational:-Must encourage students to take advantage of what the college has to offer. This inspiration speaks both to the opportunities available at IMT and beyond as well as recognizing the attaining a college education. Convenient:-Convenience is more than the location. IMT materials must be easy to read and understand. Its course structure should help the students through a better understanding. Its placement procedure should direct the student towards a prosperous career. Imagery IMT’s imagery in its ads should appear professional, engaging and collegiate. The image of IMT is of student achievement and academic excellence: graduates attending lectures, students engaged in extracurricular activities, corporate seminars etc. IMT is also a diverse campus with students from all over the world. It also should focus on its presence in other cities in India as well as Dubai. Finally photos of the campus across locations should be used, both India and Dubai, especially post the completion of the new academic block at Ghaziabad. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 14. 14 Project Report – Integrated Marketing Communication Brand Strategy Scorecard Initiatives Metrics & KPI’s Goals Cost Website Redesign # of visitors 10,000/month Rs. 1,50,000 # of web leads 250/month # of applications downloaded 5000 Average time on site 2.5 mins/visit Perception Surveys # survey responses 200 responses Rs. 50,000 Survey Results Establish benchmarks Online Advertising % brand awareness 20% increased awareness Rs. 5,00,000 Total Rs. 7,00,000 Branding your website is more than looking good; it is communicating the value that you stand for, the unique personality of your business in a world full of competition and mass-produced sites. A website cannot be treated as independent of your other branding efforts. It needs to be a reflection of all other branding, marketing and advertising efforts. Our website messaging and online marketing efforts should communicate valuable information that is useful to our students. The voice and tone of communication should be in alignment with our students’ mindset. To get the most out of our communication efforts, there are four essential elements all sites should include. They are: Clear and effective messaging, strong calls to action, stickiness factors and social media integration. Color schemes, logo design, layout – our website should be designed with our target consumer in mind. Use a Brand Perception Survey to quickly understand how your brand is viewed in the market, what brand attributes are preferred by customers, and to identify how your customers competitively position your products/services. Benefits of Internet advertising – It reaches out to the masses, it is targeted advertising, it enables good conversion tracking, has lower investments and can have a greater range. Our students who are primarily in their young 20’s are heavy users of the internet and online advertising is a huge opportunity to targets this online community. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 15. 15 Project Report – Integrated Marketing Communication Lead Generation Strategy Scorecard Initiatives Metrics & KPI’s Goals Cost Email Marketing # leads 100/month Rs. 3,00,000 CTR Average 5% CTR Calling Campaign # of dials/day 50 dials/day/rep Rs. 7,00,000 # of visits generated 5 appointments daily Webcast Series # of webcast attendees 200/event Rs. 2,00,000 # of leads generated 5 leads/event Brochures/Prospectus # sent out TBD Rs. 6,00,000 # subscribed 1000/month Rs. 2,00,000 Total Rs. 20,00,000 No matter where you are or whom you need to reach, targeted emails pave the way. Borders are no obstacles in email marketing. Costs incurred in designing, executing, testing, sending and receiving an email is up to 78% less for a run of 5000 over paper-based direct mail version. When you add e-mail to your marketing mix, you spend less time, money and resources than with traditional marketing vehicles like direct mail or print advertising. Email enables you to personalize and greet every person you target. This helps in creating a special bond with the prospects. Webcasts help us reach out to people who are not able to travel and attend seminars or programs. An on-demand version of your event is automatically archived for availability to those who have missed it. Cut costs on many factors associated with in-person meetings, such as travel, accommodations, and refreshments. By using online conferencing methods you can also save money on long distance international calls. Calling provides an effective way to perform relationship marketing. You can use the phone to stay in touch with existing students/corporates. Allows for interaction and personal selling. You can immediately respond to feedback from prospects while you're engaged in the sales process. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 16. 16 Project Report – Integrated Marketing Communication PR Strategy Scorecard Initiatives Metrics & KPI’s Goals Cost Develop Key Contacts # journalists and editors 50 industry contacts Rs. 3,00,000 Press Releases # hits 1 release/month Rs. 5,00,000 # releases 20,000 hits/year Key Note Speeches # of presentations 1 per quarter Rs. 5,00,000 Total Rs. 13,00,000 Press Releases are the most popular means of providing publicity online and offline. One sure-fire way to get IMT known is by using press releases. A press release is written material that announces a news type event. Television networks, radio stations, magazines, and newspapers as well as online resources will publish the announcement if your news story peaks interest. The press release that gets published on one of the media outlets will have our website link provided within it. Those who have reviewed our release and want more information will click through the link or check out the website. The more a prospect sees IMT’s name being mentioned the more likely they will remember. The press release can also help to get IMT more credibility. Prospects will start to see us as an expert in our field and think that we should be the one to go to when they quality education. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 17. 17 Project Report – Integrated Marketing Communication Social Media Plan Initiatives Metrics & KPI’s Goals Cost Implement Blog # blog postings 5 postings/month Rs. 2,00,000 Twitter # of followers 500 by year end Rs. 2,00,000 Facebook # of fans 500 by year end Rs. 5,00,000 Article Marketing # of articles syndicated 1 article/month Rs. 2,00,000 Total Rs. 11,00,000 Social media is the new age communication tool and more youngsters are now taking up this activity than ever before. Social media is a great tool to reach targeted audience in the fastest way possible. It as well enhances the reputation of the institute as a world name. This is why any full educational institute requires constant Social media presence to be seeable online. Scholarly persons are the most frequent users of the Cyberspace. When they are essaying institutes to see at a higher grade, or subject fields that aren’t available in their country, they seek information considering such subjects online. Peer reviews are highly valued while deciding to join a certain MBA college and it is essential for IMT to have presence in all such forums like Pagalguy.com, Facebook, and Twitter etc. It can also provide a cost effective way for IMT to interact with prospective students, announce events and draw participation from the student community. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 18. 18 Project Report – Integrated Marketing Communication Event Marketing Strategy Plan Events When Value Additions Cost IMT Initiated Competitions As and when required Brand awareness Rs. 10,00,000 Generate Leads Brand Building Incentives for students External Competitions As and when required Brand awareness Rs. 15,00,000 Generate Leads Brand Building Incentives for students CSR Events As and when required Brand Building Rs. 5,00,000 Community Development Alumni Events Every year end Connection with Alumni Rs. 5,00,000 Good Will Total Rs. 35,00,000 Event marketing can be accomplished in two ways, either as a participant or as a sponsor. There is no limit to the different ways that event marketing can increase awareness about IMT and introduce prospects to the advantages of partnering with IMT. Event marketing activity can be held locally or on a national forum. Both activities can bring new prospects, and in some cases demonstrate goodwill, which can make a favorable impression and impart a positive image for IMT. The advantage of event marketing is to move from the one-on-one basis of selling to group selling. Events offer a more personalized and customized message to the audience. Events like competitions, cultural shows and corporate events are a good platform to highlight student potential, academic ability and corporate readiness of IMT’s students. IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 19. 19 Project Report – Integrated Marketing Communication Internal Marketing Communications Plan Communication Type Frequency Delivery Method Corporate Events & News Monthly Report Email Intranet Internet Posters Policy and Procedure Changes As and when required Email Intranet Internet Posters Meetings Product Launches As and when required Email Intranet Internet Posters Meetings Personnel Changes As and when required Email Notices Industry and Competitors News Weekly Report Email Notices Corporate Performance Reports Monthly Report Emails Notices Press and Blog Mentions Monthly Report Emails IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 20. 20 Project Report – Integrated Marketing Communication Marketing Communications Plan Budget Overall Budget Break-Up 8% Brand Strategy 41% 23% Lead Generation PR 13% 15% Social Media Event Marketing Marketing Communications Calendar IMT Ghaziabad | PGDM DCP 2010 - 2012
  • 21. 21 Project Report – Integrated Marketing Communication References www.wikipedia.com www.google.com www.mbauniverse.com www.pagalguy.com www.managementparadise.com www.quickmba.com www.marketingplan.net www.smallbiztrendz.com www.bizammo.com www.scribd.com www.slideshare.net www.jempp.com www.selfseo.com www.polkatimesnewspaper.com www.demandmetric.com IMT Ghaziabad | PGDM DCP 2010 - 2012