9.2. Direct Marketing & Personal Selling Flashcards

1
Q

Direct Marketing

A

and interactive system of marketing that uses one or more advertising media to effect a transition or another measurable response at any location

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2
Q

Direct marketing consists of…

A

direct one-to-one connections with carefully targeted individual consumers to both obtain an immediate reponse and cultivate lasting customer relationships

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3
Q

Direct Marekting categories

A
  • catalog
  • direct mail
  • telemarketing
  • direct-response advertising
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4
Q

Direct Marketing strategy - the offer

A

describes the product, terms of sale, payment, and delivery terms

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5
Q

Direct Marketing strategy - the response/ order

A

direct marketings ultimate objectiv is a behavior (purchase, donation, subscription,…)

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6
Q

Direct Marketing strategy - fulfillment and customer maintenance

A

most critical aspect of successful direct marketing is maintaining a customer relationship

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7
Q

Direct Mail

A
  • targets specific markets
  • measures success immediately
  • permits personalization
  • gains prospects undivided attention
  • no constraints on size, color, form
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8
Q

Porsche targets prospects with direct mail

A
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9
Q

Telemarketing

A
  • ads delivered through phone calls
  • almost as persuasive as personal sales but a lot less expensive
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10
Q

Telemarketing - customers are unhappy with:

A
  • predictive dialing: allows companies to call anyone, even if they are unlisted
  • FTC enacted legislation to protect consumers
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11
Q

Telemarketing - inbound

A
  • consumer originates call
  • marketers facilitate and invite prospects to call a central location via a toll-free 800 number or a fixed-cost 900 number
  • requests service info or product
  • express complaints or grievances
  • request coupons or other sales-promotion materials
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12
Q

Telemarketing - outbound

A
  • call originates with the company
  • Telephone calling by the marketer or marketers agent to individual prospects, seeking purchase, subscription, membership, or participation by the call recipient
  • servicing existing business, including reorders and customer service
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13
Q

Catalogs

A
  • multi.page direct mail publication hat shows variety of merchandise
  • low-pressure sales tactic
  • provides detailed info about various products
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14
Q

Live Commerce (Live shopping)

A
  • new platform similar to home shopping channel
  • maximizes attention/ engagement and minimizes extensive searching/ decision making process by focusing on one item
  • directly leads to final step “purchase” skipping all precedent info processing steps
  • creates needs/ wants spontaneously
  • allows direct and interactive communication
  • customers being stimulated by other customers on the same venue
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15
Q

Direct response advertising

A
  • seeks to achieve n action-objective as a result of an adv message and without the intervention of a sales representative
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16
Q

Direct reponse adv types

A
  • print media
  • broadcast media
  • internet
17
Q

Print media

A

ads in newspapers and magazines can carry a coupon, an order form, an address, a toll-free number

18
Q

Broadcast media

A

cable lends itself to direct-response because the medium targets consumers so well

19
Q

Internet

A

internet provides the same components found in direct mail and telemarketing

20
Q

Benefits of direct marketing

A
  • building relationships
  • allows for targeting of small groups or individuals with customized offers in a personalized fashion
  • can be timed to reach prospects at the right time
  • offers access to buyers that couldn’t be reached via other channels
  • low-cost effective alternative for reaching specific markets
21
Q

Personal selling

A

form of person-to-person communication in which a salesperson works with prospective buyers and attempts to influence their purchase needs in the direction of his or her company’s products or service

22
Q

Personal sellings unique role

A
  • customize the message
  • high level of customer attention
  • yields immediate feedback
  • communicate more technical and complex information
  • demonstrate a products functioning and characteristics
  • develop long-term relationships
23
Q

Case: Fresh manager by HY

A
  • yacurt seller => fresh manager
  • typical personal seller => unique communication channel
  • more than 90% of sales come from fresh managers
24
Q

unique role of fresh managers

A
  • selling exclusive products
  • building long-term relationships with customers by delivering subscribed orders
  • connecting with online platform by delivering online orders
  • conducting CSR activities