CH12: Managing Marketing Communications Flashcards

1
Q

marketing communications

A

how firms inform, persuade, and remind consumers about the products and brands they sell

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2
Q

macromodel of marcom

A

articulates the interaction between the sender (company) and recipient (consumer) of the communication message

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3
Q

micromodel of marcom

A

concentrates on consumers’ specific responses to communications

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4
Q

the 6 steps of developing a communication program

A
  • setting objectives
  • identifying audience
  • crafting message
  • deciding on media
  • developing creative approach
  • measuring performance
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5
Q

communications objective

A

specific task and achievement level to be accomplished with a specific audience in a specific period

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6
Q

what does it mean to create awareness?

A

fostering the consumer’s ability to recognize or recall the brand in sufficient detail to make a purchase

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7
Q

what does it mean to build preferences?

A

communicating an offering’s ability to meet a currently relevant consumer need

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8
Q

what does it mean to incite action?

A

motivating consumers to decide to purchase the brand or take purchase-related action

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9
Q

the 2 types of communications benchmarks

A
  • quantitative
  • temporal
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10
Q

objective-and-task budgeting

A

developing a communication budget by defining specific objectives, identifying the tasks that must be performed to meet those objectives, and estimating their costs

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11
Q

objective-and-task budgeting considerations

A
  • stage in product life cycle
  • product differentiation
  • market share
  • message complexity
  • reach
  • competitive communication
  • available resources
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12
Q

3 considerations when identifying the target audience

A
  • new to category or current user
  • loyal to brand, competitor, or no loyalty
  • brand usage rate
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13
Q

the 3 things a communications message must do

A
  • resonate with consumers rationally and emotionally
  • distinguish the brand from competitors
  • be broad and flexible enough to translate into different media, markets, and time periods
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14
Q

the 9 major modes of communication

A
  • advertising
  • mobile comms
  • events and experiences
  • public relations and publicity
  • packaging
  • personal selling
  • online and social media
  • direct marketing
  • word of mouth
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15
Q

the 4 main considerations for a media plan

A
  • audience quality
  • audience attention probability
  • editorial quality
  • ad placement policies and extra services
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16
Q

total number of exposures formula

A
  • E for exposures
  • R for reach
  • F for frequency
17
Q

weighted number of exposures formula

A
  • WE for weighted exposures
  • R for reach
  • F for frequency
  • I for impact
18
Q

macroscheduling

A

media timing policy related to seasons and the business cycle

19
Q

microscheduling

A

media timing policy for allocating communication expenditures within a short period to obtain maximum impact

20
Q

buyer turnover

A

the rate at which new buyers enter the market; the higher this rate, the more continuous the communication should be

21
Q

purchase frequency

A

the number of times the average consumer buys the product during the period; the higher the purchase frequency, the more continuous the communication should be

22
Q

forgetting rate

A

the rate at which the buyer forgets the brand; the higher the forgetting rate, the more continuous the communication should be

23
Q

the 4 main strategies for launching a new product

A
  • continuity
  • concentration
  • flighting
  • pulsing
24
Q

continuity media plan

A

exposures appear evenly throughout a given period; useful in expanding markets, with frequently purchased items, and in tightly defined buyer categories

25
Q

concentration media plan

A

spending all the communication dollars in a single period; for products with one selling season or one related holiday (e.g. Halloween costumes)

26
Q

flighting media plan

A

communication during a period, followed by a period with no communication, followed by a second period of communication activity; useful when funding is limited, the purchase cycle is relatively infrequent, or items are seasonal

27
Q

pulsing media plan

A

continuous communication at low levels, reinforced periodically by waves of heavier activity; continuity plus flighting

28
Q

informational message appeal

A

elaborates on product or service attributes or benefits; one-sided or two-sided

29
Q

transformational message appeal

A

elaborates on a non-product related benefit or image; can be positive or negative

30
Q

the 3 attributes of source credibility

A
  • expertise
  • trustworthiness
  • likability
31
Q

principle of congruity

A

communicators can use their good image to reduce some negative feelings toward a brand but might lose some esteem with the audience

32
Q

components of the ADPLAN framework for creative briefs

A
  • attention
  • distinction
  • positioning
  • linkage
  • amplification
  • new equity
33
Q

the 4 stages of sales impact of advertising

A
  • share of expenditures
  • share of voice
  • share of mind/heart
  • share of market