chapter 12 Flashcards
6 communication tools
advertising, personal selling, sales promotion, public relations, direct marketing, event sponsorship
marketers seek out consumers by widely broadcasting messages. (advs, direct mail, email, personal selling)
outbound marketing
interested consumers find the product and its messaging by using online techniques that marketers facilitate
inbound marketing
paid form of media used for non-personal communication to consumers about an organization, good, service, or idea
advertising
common advertising appeals include
fear appeals, sex appeals, humorous appeals
buyer turnover
how often new buyers enter the market to buy the product
purchase frequency
more frequently the product is purchased , less adv is required
forgetting rate
speed which buyers forget the brand if advs is not seen
product placement
branded entertainment
-inclusion of a product such as a soft drink in a movie or tv.
-a creation of an entire movie or tv episode around a brand
two basic types of sales promotion
consumer, trade
personal selling
costly, time-consuming, face-to-face
push strategy focuses on
pull strategy focuses on
-distributors, wholesales, retailers
-consumers, media, public