Ch. 16 - Marketing Communications Flashcards

1
Q

Promotion

A

Communications by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response

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2
Q

Promotional strategy

A

A plan for the optimal use of the elements of promotion: advertising, public relations, personal selling, sales promotion, and social media

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3
Q

Competitive advantage

A

One or more unique aspects of an organization that cause target consumers to patronize that firm rather than competitors

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4
Q

Communication

A

The process by which we exchange or share meaning through a common set of symbols

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5
Q

Interpersonal communication

A

Direct, face-to-face communication between two or more people

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6
Q

Mass communication

A

The communication of a concept or message to large audiences

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7
Q

Sender

A

The originator of a concept of message in the communication process

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8
Q

Encoding

A

The conversion of a sender’s ideas and thoughts into a message, usually in the form of words or signs

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9
Q

Channel

A

A medium of communication - such as a voice, radio, or newspaper - for transmitting a message

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10
Q

Noise

A

Anything that interferes with, distorts, or slows down the transmission of information

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11
Q

Receiver

A

The person who decodes a message

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12
Q

Decoding

A

Interpretation of the language and symbols sent by the sources through a channel

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13
Q

Feedback

A

The receiver’s response to a message

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14
Q

Promotional Mix

A

The combination of promotional tools - including advertising, public relations, personal selling, sales promotion, and social media - used to reach the target market and fulfill the organization’s overall goals

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15
Q

Advertising

A

Impersonal, one-way mass communication about a product or organization that is paid for by a marketer

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16
Q

Public relations

A

The marketing function that evaluates public attitudes, identifies areas within the organization the public may be interested in, and executes a program of action to earn public understanding and acceptance

17
Q

Publicity

A

Public information about a company, product, service, or issue appearing in the mass media as a news item

18
Q

Sales promotion

A

Marketing activities - other than person selling, advertising, and public relations - that stimulate consumer buying and dealer

19
Q

Personal selling

A

A purchase situation involving a personal, paid-for communication between two people in an attempt to influence each other

20
Q

Paid media

A

A category of promotional tactic based on the traditional advertising model, whereby a brand pays for media space

21
Q

Earned media

A

A category of promotional tactic based on a public relations or publicity model that gets customers talking about products or services

22
Q

Owned media

A

A new category of promotional tactic based on brands becoming publishers of their own content in order to maximize the brands’ value to cutomers

23
Q

AIDA concept

A

A model that outlines the process for achieving promotional goals in terms of stages of consumer involvement with the message; the acronym stands for attention, interest, desire, and action

24
Q

Integrated marketing communications (IMC)

A

The careful coordination of all promotional message for a product or a service to ensure the consistency of messages at every contact point at which a company meets the consumer

25
Q

Push strategy

A

A marketing strategy that uses aggressive personal selling and trade advertising to convince a wholesaler or a retailer to carry and sell particular merchandise

26
Q

Pull strategy

A

A marketing strategy that stimulates consumer demand to obtain product distribution