Chapter 12 Flashcards
COMMUNICATIONS
Communication is the process of conveying a message to others.
COMMUNICATION PROCESS
1) Sender
2) Encode Message
3) Channel of Communication
4) Decode Message
5) Receiver
6) Feedback
PROMOTIONAL ELEMENTS
To create our promotional mix, we have 5 basic promotional elements to choose from:
1) Advertising
2) Personal selling
3) Sales promotion
4) Public relations
5) Direct response marketing
Integrated Marketing Communications: the concept of designing marketing communications programs that coordinate all promotional activities to provide a consistent message across all audiences.
PROMOTIONAL MIX STRATEGIES
Promotional mix strategies:
1) Push strategy
2) Pull strategy
ADVERTISING
Any paid form of nonpersonal communication about a company or product by an identified sponsor.
1) Set advertising objectives.
Advertising serves three
basic functions:
1) to inform
2) to persuade
3) to remind
ADVERTISING
Set advertising budget:
1) Affordable method
2) Percent-of-sales method
3) Competitive-parity method
4) Objective-and-task method
5) Convey the message
CONVEYING THE MESSAGE
Advertising appeal (or ad execution): the central idea or theme of the ad, which includes the approach, style, tone, and format used in the ad.
Common appeals include:
1) Comparison
2) Demonstration
3) Testimonial
4) Lifestyle
CONVEYING THE MESSAGE
Advertising appeal (or ad execution): the central idea or theme of the ad, which includes the approach, style, tone, and format used in the ad.
Common appeals include:
1) Comparison
2) Demonstration
3) Testimonial
4) Lifestyle
5) Fear appeal
6) Sex appeal
7) Humor appeal
ADVERTISING
Select advertising media
Types of media:
Television Radio Newspapers Magazines Outdoor Direct mail Internet
MEDIA SCHEDULING
Advertising exposure: the degree to which the target market will see a message placed in a specific medium.
Reach: number (or percent) of people (or households) that are exposed to the message.
Frequency: # of times a person in target audience will be exposed to the message.
Cost per thousand (CPM): measures the relative cost-effectiveness of various media.
CPM = Cost of the ad reach (in thousands)
MEDIA SCHEDULING
Scheduling pattern:
1) Continuous
2) Flighting
3) Pulsing