C7 finals Flashcards

1
Q

________________ is the most visible or audible form of marketing activities.

A

Communication

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2
Q
  • Through ________________, marketers explain and promote the value proposition
    their firm is offering.
A

communications

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3
Q

Communication

  • It should be used intelligently in conjunction with other _______________ for maximizing value.
A

marketing efforts

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4
Q
  • Communications must be viewed with a _______ perspective than just as media advertising, public relations, social media and professional salespeople.
A

broader

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5
Q
  • ________________ must be viewed with a broader perspective than just as media advertising, public relations, social media and professional salespeople.
A

Communications

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6
Q
  • ______________________, in one form or another, is essential to a company’s success.
A

Marketing communications

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7
Q

____________ and ________________represent important ways to add value to a product

A

Information
consultation

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8
Q

Provide information to prospective customers

A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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9
Q
  • Service options available, cost, specific features, functions, service benefits
A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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10
Q
  • Persuade target customers that service offers best solution to meet their needs
    and build relationship with them
A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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11
Q
  • Help maintain relationships with existing customers
A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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12
Q
  • Requires comprehensive, up-to-date customer database and ability to make use of this in a personalized way
A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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13
Q
  • Direct mail and contacts by telephone, e-mail, websites, text messages
  • For example, doctors sending annual checkup reminders to patients
A

ADDING VALUE THROUGH COMMUNICATION
CONTENT

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14
Q

5 ‘W’S MODEL FOR MARKETING & COMMUNICATIONS PLANNING

A
  • Who is our target audience?
  • What do we need to communicate and achieve?
  • How should we communicate
    this?
  • Where should we communicate this?
  • When should the communication take place?
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15
Q

___________ — not usually known in advance. It is a potential customer
qualified to fit certain criteria outlined by a company based on its business
offerings.

A

Prospects

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16
Q

Employ a traditional communications mix, comprising of elements such
as media advertising, online advertising, public relations, and use of purchased
lists for direct mail or telemarketing.

A

Prospects

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17
Q

__________— existing target audience

A

Users

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18
Q

Reach by cross-or up-selling efforts by frontline employees,
point-of-sale promotions, other information distributed during service
encounters, and location-based mobile apps.

A

Users

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19
Q

_______________ — secondary audience

A

Employees

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20
Q

A well-designed communications campaign through public media targeted at customers can also be motivating for _______________.

A

Employees

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21
Q
  • Include building a service brand, and positioning it and its service products
    against competition.
A

Strategic Service Communications Objectives

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22
Q
  • Companies use marketing communications to persuade target customers that
    their service product offers the best solution to meet those customers’ needs, relative to the offerings of competing firms.
A

Strategic Service Communications Objectives

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23
Q
  • Communication efforts serve not only to attract new users but also to maintain contact with an organization’s existing customers and build relationships with
    them.
A

Strategic Service Communications Objectives

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24
Q
  • Relate to shaping and managing customer’s perceptions, beliefs, attitudes,
    and behavior in any of the three stages of the service consumption process.
A
  • Tactical Service Communications Objectives
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25
* The Service Marketing Communications Funnel is aligned to the Attention-Interest- Desire-Action (AIDA) and Hierarchy of Effects models.
* Tactical Service Communications Objectives
26
AIDA STANDS FOR WHAT?
AWARENESS INTEREST DESIRE ACTION
27
which was developed almost a century ago, and holds that persuasion to buy a product occurs over time,
“AIDA”
28
explains how customers move from cognitive (awareness), to affective (interest and desire) to behavioral (action) responses.
“AIDA”
29
*_______________________ (the most widely used framework) is used to set up a structured series of advertising message objectives for a particular product, to build upon each successive objective until a sale is ultimately made.
Hierarchy-of-effects model
30
*___________________ is a model of how advertising influences a consumer's decision to purchase or not purchase a product or service
The hierarchy-of-effects theory
31
*The objectives of a campaign are (in order of delivery): awareness, knowledge, liking, preference, conviction, and purchase.
The hierarchy-of-effects theory
32
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY Promote_______________ to communicate quality ( e.g. highlight the equipment and facilities, emphasize employee characteristics)
tangible cues
33
Promote tangible cues to communicate quality ( e.g. highlight the equipment and facilities, emphasize employee characteristics)
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY
34
* Add value through communication content. ( through information and advice)
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY
35
* Facilitate customer involvement in service production.
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY
36
* Promote the contribution of service personnel and backstage operations.
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY
37
* Stimulate and shift demand to match capacity.
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY
38
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY Promote tangible cues to communicate _________ ( e.g. highlight the equipment and facilities, emphasize employee characteristics)
quality
39
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY Add ________ through communication content. ( through information and advice)
value
40
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY Facilitate ________ involvement in service production.
customer
41
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY * Promote the contribution of service ___________and _____________ operations.
personnel backstage
42
MAXIMIZING VALUE FROM SERVICE COMMUNICATION STRATEGY * Stimulate and shift demand to match ___________.
capacity
43
financial security or investment-related matters do not haveone-to-one correspondence with physical objects
Abstractness
44
items that comprise a class of objects, persons, or events are general and not specific enough
Generality
45
- many of the service attributes cannot be searched or inspected physically before they are purchased
Non-searchability
46
- many services are sufficiently complex, multi-dimensional, or novel; it is difficult to understand the experience of using them
Mental impalpability
47
Capture and show typical customers benefiting from the service, e.g., by smiling in satisfaction at a staff going out of his way to help.
Abtractness
48
Document facts and statistics about the service delivery system.
Generality •For objective Claim
49
Document and cite past service performance statistics, such as the number of packages delivered on time.
Generality •For Subjective Claim
50
Document and cite past service performance statistics, such as the number of packages delivered on time.
Generality •For Subjective Claim
51
Obtain and present testimonials from customers who have experienced the service
Nonsearchability
52
In consumption documentation: Obtain and present testimonials from customers who have experienced the service
Nonsearchability
53
In service process episode: Present a clear step-by-step documentation of what exactly will happen during the service experience.
Mental impalpability
54
In case history episode: Present an actual case history of what the firm did for a specific client and how it solved the client’s problem.
Mental impalpability
55
In reputation documentation: If the service is high in credence attributes, then document the awards received, or the qualifications of the service provider
Nonsearchability
56
Two additional ways to help overcome the problems of intangibility are:
Tangible cues metaphors
57
“vivid information” that catches the audience’s attention. It will produce a strong and clear feeling about the service offered.(e.g. employees, facilities, certificates, and awards, or its customers.
Tangible cues
58
____________ that are tangible in nature to help communicate the benefits of their service offerings and to emphasize key points of differentiation.
Metaphors
59
---------- promotes efficiency of its import express service
DHL
60
USE OF AN EASILY GRASP METAPHORS  DHL promotes efficiency of its import express service ________________________________represents how complex importing can be _______________ represents how easy it would be using DHL’s express service
Heavily knotted string Straight string
61
The_____________ bull has been a symbol for the wealth manager’s business philosophy, which suggests both a bullish market and a strong commitment to the financial performance of its clients
Merrill Lynch
62
The Merrill Lynch ____has been a symbol for the wealth manager’s business philosophy, which suggests both a bullish market and a strong commitment to the financial performance of its clients
bull
63
sources of messages received by target audience (where) what are the sources?
production channels marketing channels
64
production channels (2)
front-line staff service outlets
65
marketing channels (5)
advertising sales promotions direct marketing personal selling public relations
66
messages originating outside organization (2)
word of mouth media editorial
67
3 key sources of messages
marketing communications channels service delivery channels messages originating from outside the organization
68
marketing communications channels (3)
advertising direct marketing sales promotion personal selling public-relationship marketing
69
service delivery channels (5)
service outlets frontline employees self-service delivery points websites & apps corporate design
70
message originating from outside the organization (4)
word of mouth online social networks media-initiated coverage in online media media (e.g., Blogs and twitter) media-initiated coverage in traditional media
71
message transmission channels (4)
MESSAGE TRANSMISSION CHANNELS 1. Messages transmitted through traditional marketing channels. 2. Messages transmitted online. 3. Messages transmitted through service delivery channels. 4. Messages originating from outside the organization.
72
1. MESSAGES TRANSMITTED THROUGH TRADITIONAL MARKETING CHANNELS (1 OF 2)
advertising sales promotion direct marketing
73
* The first point of contact between service marketers and their customers. * Marketers are increasingly trying to be more creative with their _____________ to allow their messages to be more effective.
Advertising
74
* Employed for short-term objectives e.g., to accelerate the purchasing decision or in motivating customers to use a specific service sooner. *____________________ for service firms may take various forms e.g., samples, coupons and other discounts, gifts, and competitions with prizes.
Sales promotions
75
* Offer the potential to send personalized messages to highly targeted micro-segments.
Direct Marketing
76
MESSAGES TRANSMITTED THROUGH TRADITIONAL MARKETING CHANNELS (2 OF 2)
personal selling public relations
77
MESSAGES TRANSMITTED ONLINE (2)
company's website online advertising
78
In MESSAGES TRANSMITTED ONLINE – Creating consumer awareness and interest. – Providing information and consultation. – Allowing two-way communications with customers through email and chat rooms. – Encouraging product trial. – Enabling customers to place orders. – Measuring the effectiveness of specific advertising or promotional campaigns. are example of _________________-
company's website
79
In MESSAGES TRANSMITTED ONLINE – Banner Advertising – Search Engine Advertising are example of what____________
online advertising
80
– Both planned and unintended messages reach customers through the medium of the service delivery environment itself.
Service Outlets
81
– Communication from frontline staff takes the form of the core service and a variety of supplementary services, including providing information, giving advice etc.
Frontline Employees
82
– ATMs, vending machines, websites, and service apps can be used effectively in communications with current and potential customers.
Self-Service Delivery Points
83
– Positive WOM is important as services tend to have a high proportion of experience and credence attributes, and are therefore, associated with high perceived risk by potential buyers – Referral reward programs work well for close friends & family
Word-of-Mouth (WOM)
84
– Service firms monitor blogs and view them as a form of immediate market research and feedback
Blogs, Twitter, and other social media as a type of online WOM
85
Traditional media coverage of firms and their services is often through a firm’s PR activity. Even today, this sector in the firm promises a wide reach.
Media coverage
86
________ is closely matched to the various perceptions and behaviors the firm wants to manage in the Service Communications Funnel.
Timing
87
* ________________________ is typically managed in a flowchart of the media plan
Timing of communications
88
* ____________is often used to assist with tedious tasks like professional firm Telmar which helps companies in;  Crunch numbers to get toward an optimal media mix and media plan  Computes key numbers such as the reach of the target audience  Cost per thousand contacts of the target segment
Software
89
Service firms use a number of methods to determine their communications budget: – Allocating a percentage of sales or profit – Matching competitors’ spent amount – Using last year’s budget
BUDGET DECISIONS AND PROGRAM EVALUATION
90
* Using objective-and-task method known as build up method ( the most logical method) here the estimated costs become the basis for the proposed promotions budget. – Defining the communications objectives – Determining the tasks needed – Estimating the costs
BUDGET DECISIONS AND PROGRAM EVALUATION
91
can be used alone or in combination with the objective-and-task method
Empirical research method
92
– Run a series of tests or field experiments with different communications budgets to determine the optimum level of communications spent
Empirical research method
93
* Key to ensure that a consistent style and message is communicated throughout a firm’s communications mix channels.
THE ROLE OF CORPORATE DESIGN
94
ties together and reinforces all communications in order to deliver a powerful brand identity.
Integrated Marketing Communications
95
The communications from different media and communications approaches all become part of a single overall message about the service firm and its products.
Integrated Marketing Communications
96
* Employ unified and distinctive visual appearance for all tangible elements to facilitate recognition and reinforce a desired brand image.
THE ROLE OF CORPORATE DESIGN
97
* A few popular corporate designs: – Using the name as a central element in corporate design – Using a trademark symbol – Creating tangible and recognizable symbols to associate with their respective corporate brand names – Using colors in the corporate designs
THE ROLE OF CORPORATE DESIGN