Chapter 12 Flashcards
Sales promotion
Short-term incentives to encourage trial or increase purchase (Ex. Coupons, Rebates, Samples, Contests, Premiums, Price packs)
Direct marketing
Promotional element that uses direct communication with consumers to generate a response in the form of an order, request for information, or visit to a retail outlet or website. (Ex. Direct Mail, Telemarketing)
Public relations
Placement of news or media presentations with the deliberate attempt to manage the public’s perception
Advertising
Paid placement of announcements and persuasive messages to inform, gain liking/interest, and/or stimulate action
Personal selling
Two-way communication between a buyer and seller designed to influence a purchase decision
Push Strategy
A push strategy pushes products through the channel of distribution.
Pull Strategy
producers direct their marketing activities toward the final consumer to encourage them to ask retailers (channel members) for the product.
What are the three objectives of advertising?
cognitive, affective, behavioral
Cognitive
Create awareness
provide knowledge
Affective
Create factorable impression–interest
attain a preferred position in customers mind liking
Behavioral
Stimulate action
make the sale
What is the ultimate goal of promotion?
to influence someone to make a purchase
What makes a good ad?
Product is obvious, Brand is obvious, and benefit is obvious