Chapter 1 Flashcards

1
Q

Advertising

A

is a paid, mass-mediated attempt to persuade

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2
Q

Mass-mediated

A

delivered through a communication medium designed to reach more than one person, typically a large number—or mass—of people

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3
Q

Attempt to persuade

A

The ad informs the consumer for some purpose, and that purpose is to get the consumer to like the brand and, because of that liking, to eventually buy the brand

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4
Q

Integrated brand promotion (IBP)

A

is the process of using a wide range of promotional tools that work together to create widespread brand exposure. It is brand focused.

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5
Q

Advertisement

A

a specific message that an organization has placed to persuade an audience

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6
Q

Advertising campaign

A

a series of coordinated advertisements and other promotional efforts that communicate a single theme or idea

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7
Q

A model of mass-mediated communication

A

The source = is the originator or creator of the content

Accommodation and negotiation = are the ways in which consumers interpret ads, decoding what the source has encoded

Clutter = is the sheer number and diversity of brand messages to which you’re exposed every day in every medium

Reception = encoding and decoding

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8
Q

Audience

A

a group of individuals who may receive and interpret messages sent from advertisers through mass media

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9
Q

Target audience

A

a particular group of consumers singled out for an advertisement or IBP campaign

many specifically target these categories:
household consumers, members of business organizations, members of a trade channel, professionals, and government officials and employees

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10
Q

Audience categories - five types of audiences for advertising:

A

Household consumers, Members of business organizations, Members of a trade channel, Professionals, Government officials and employees

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11
Q

Household consumers

A

the most conspicuous of the five types of audiences for advertising; most mass media advertising is directed at them

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12
Q

Members of business organizations

A

the focus of advertising for firms that produce business and industrial goods and services such as office equipment, production machinery, supplies, and software

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13
Q

Members of a trade channel

A

the retailers, wholesalers, and distributors targeted by producers of both household and business goods and services
promotional tool used most often here is personal selling because this audience represents a relatively small, easily identifiable group

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14
Q

Professionals

A

defined as doctors, lawyers, accountants, teachers, or any other professionals who require special training or certification
the language and images used in advertising to this target audience often rely on esoteric terminology and unique circumstances that members of professions readily recognize
mostly done through trade publications

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15
Q

Government officials and employees

A

includes employees of government organizations, such as schools and road maintenance operations, at the federal, state, and local levels
advertising to this target audience is dominated by direct mail, catalogs, personal selling, and Web advertising

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16
Q

Global advertising

A

developing and placing advertisements with a common theme and presentation in all markets around the world where the firm’s brands are sold
very few brands can do this
is effective only when a brand and the messages about that brand have a common appeal across diverse cultures

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17
Q

International advertising

A

the preparation and placement of advertising in different national and cultural markets, outside the home market

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18
Q

National advertising

A

advertising that reaches all geographic areas of one nation

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19
Q

Regional advertising

A

advertising that reaches all geographic areas of one nation

20
Q

Local advertising

A

advertising directed at an audience in a single trading area, either a city or state

21
Q

cooperative advertising (co-op advertising)

A

the sharing of advertising expenses between national advertisers and local merchants.

22
Q

The role of advertising relates to four important aspects of the marketing process undertaken by every organization:

A
  1. contributing to the marketing mix,
  2. developing and managing the brand,
  3. achieving effective market segmentation, differentiation, and positioning, and
  4. contributing to revenue and profit generation
23
Q

Marketing

A

the activity, set of institutions, and process of creating, communicating, delivering, and exchanging offerings that benefit consumers, clients, partners, and society

24
Q

Marketing mix

A

the blend of the four responsibilities of marketing—conception, pricing, promotion, and distribution—used for a particular idea, product, or service

25
Q

Brand

A

a name, term, sign, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers

26
Q

Advertising affects brand development and management in 5 important ways:

A
  1. Information and Persuasion
  2. Introduction of New Brand or Brand Extension
  3. Building and Maintaining Brand Loyalty among Consumers
  4. Creating an Image and Meaning for a Brand
  5. Building and Maintaining Brand Loyalty Within the Trade
27
Q

brand extension

A

an adaptation of an existing brand to a new product area; also known as brand variant

28
Q

brand loyalty

A

a decision-making mode in which consumers repeatedly buy the same brand of a product as their choice to fulfill a specific need

29
Q

brand equity

A

developed by a firm that creates and maintains positive associations with the brand in the mind of consumers, building brand loyalty

30
Q

The Role of Advertising in Market Segmentation, Differentiation, and Positioning: External Position

A

the competitive niche a brand pursues

31
Q

The Role of Advertising in Market Segmentation, Differentiation, and Positioning: Internal Position

A

the niche a brand achieves with regard to the other similar brands a firm markets
Effective internal positioning is accomplished by developing vastly different products within the firm’s own product line

32
Q

Advertising can help create pricing flexibility by

A

(1) contributing to economies of scale and

(2) helping create inelasticity (insensitivity) of demand to price changes

33
Q

purpose-driven marketing

A

marketing (including advertising and IBP) that helps the organization achieve its long-term social purpose

34
Q

Primary demand stimulation

A

using advertising to create demand for a product category in general

challenging and costly
only works for new products not mature products

35
Q

selective demand stimulation

A

using advertising to stimulate demand for a specific brand within a product category

36
Q

Direct-response advertising

A

advertising that asks the receiver of the message to act immediately

37
Q

Delayed-response advertising

A

advertising that relies on imagery and message themes to emphasize the benefits and satisfying characteristics of a brand

38
Q

Corporate advertising

A

advertising intended to establish a favourable attitude toward a company as a whole, not just toward a specific brand

39
Q

Brand advertising

A

advertising that communicates the specific features, values, and benefits of a particular brand offered for sale by a particular organization

40
Q

Institutional advertising

A

corporate advertising that takes place in the trade channel. This form of advertising is used most prominently by retailers

41
Q

Advertising’s Effect on Gross Domestic Product

A

As demand for these new products grows, this consumer spending fuels retail sales, housing starts, and corporate investment in finished goods and capital equipment—all part of a nation’s GDP

42
Q

Value

A

A perception by consumers that a product or service provides satisfaction beyond the cost incurred to acquire it

43
Q

Symbolic value

A

What a product or service means to consumers in a nonliteral way

44
Q

Social meaning

A

What a product or service means in a societal context.

45
Q

integrated marketing communications (IMC)

A

The process of using promotional tools in a unified way so that a synergistic communications effect is created for a brand.