Chapter 12: Engaging Consumers and Communicating Customer Value Flashcards

1
Q

The specific blend of promotion tools that the company uses to engage customers, persuasively communicate customer value, and build customer relationships

A

Promotion mix (marketing communications mix)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor

A

Advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Short-term incentives to encourage the purchase or sale of a product or a service

A

Sales promotion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Personal customer interactions by the firm’s sales force for the purpose of engaging customers, making sales, and building customer relationships

A

Personal selling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Building good relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events

A

Public relations (PR)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships

A

Direct and digital marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Creating, inspiring, and sharing brand messages and conversations with and among consumers across a fluid mix of paid, owned, earned, and shared channels

A

Content Marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Promotional channels paid for by the marketer, including, traditional media (TV, radio, print, outdoor) and online and digital media (paid search ads, mobile ads, email marketing or web and social media display ads and sponsored content

A

Paid media

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Promotional channels owned and controlled by the company, including company Web sites, corporate blogs, owned social media sites, proprietary brand communities, sales forces and events

A

Owned media

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

PR media channels, such as television, newspapers, blogs, online video sites, and other media not directly paid for or controlled by the marketer but that incorporate the content because of viewer, reader or internet user

A

Earned media

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Media shared by consumers with other consumers, such as social media, blogs mobile media, and viral channels as well as tradition word of mouth

A

Shared media

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Carefully integrating and coordinating the company’s many communications channels to deliver a clear, consistent, and compelling message about the organization and its brands

A

Integrated marketing communications

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

A specific communication task to be accomplished with a specific target audience during a specific period of time

A

Advertising objective

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Heavily used when introducing a new product category

A

Informative advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Becomes more important as competition increases; the company’s objective is to build selective demand; want to engage customers and create brand community

A

Persuasive advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Important for mature products; helps to maintain customer relationships and keep customers thinking about the product

A

Reminder advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

The dollars and other resources allocated to a product or a company advertising program

A

Advertising budget

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Setting the promotion budget at the level management thinks the company can afford

A

Affordable method

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Setting the promotion budget at a certain percentage of current or forecasted sales or as a percentage of the unit sales price

A

Percentage-of-sales method

20
Q

Setting the promotion budget to match competitors’ outlays

A

Competitive-parity method

21
Q

Developing the promotion budget by (1) defining specific promotion objectives, (2) determining the tasks needed to achieve these objectives, and (3) estimating the costs of performing these tasks. The sum of these costs is the proposed promotion budget

A

Objective-and-task method

22
Q

The strategy by which the company accomplishes its advertising objectives. It consists of two major elements: creating advertising messages and selecting advertising media

A

Advertising strategy

23
Q

A term that has come to represent the merging of advertising and entertainment in an effort to break through the clutter and create new avenues for reaching customers with more engaging messages

A

Madison and Vine

24
Q

The compelling “big idea” that will bring an advertising message strategy to life in a distinctive and memorable way

A

Creative concept

25
Q

The approach, style, tone, words, and format used for presenting an advertising message

A

Execution style

26
Q

Nine execution styles

A
Slice of life 
Lifestyle 
Fantasy 
Mood or image
Musical 
Personality symbol 
Technical expertise 
Scientific evidence 
Testimonial evidence or endorsement
27
Q

This style shows one or more “typical” people using the product in a normal setting

A

Slice of life

28
Q

This style shows how a product fits in with a particular lifestyle

A

Lifestyle

29
Q

This style creates a fantasy around the product or its use

A

Fantasy

30
Q

This style builds a mood or image around the product or service, such as beauty, love, intrigue, serenity, or pride. Few claims are made about the product or service except through suggestion

A

Mood or image

31
Q

This style shows people or cartoon characters singing about the product

A

Musical

32
Q

This style creates a character that represents the product (the character might be animated or real)

A

Personality symbol

33
Q

This style shows the company’s expertise in making the product

A

Technical expertise

34
Q

This style presents survey or scientific evidence that the brand is better or better liked than one or more other brands

A

Scientific evidence

35
Q

This style features a highly believable or likeable source endorsing the product. It could be ordinary people saying how much they like a given product

A

Testimonial evidence or endorsement

36
Q

The vehicles through which advertising messages are delivered to their intended audiences

A

Advertising media

37
Q

Four steps in advertising media

A

Determining reach, frequency, impact and engagement

Choosing among major media types

Selecting specific media vehicles

Choosing media timing

38
Q

The net return on advertising investment divided by the costs of the advertising investment

A

Return on advertising investment

39
Q

A marketing services firm that assits companies in planning, preparing, implementing, and evaluating all of portions of their advertising programs

A

Advertising agency

40
Q

6 types of Public Relations

A
Press relations or press agency 
Product publicity 
Public affairs 
Lobbying 
Investor relations 
Development
41
Q

Creating and placing newsworthy information in the news media to attract attention to a person, product or service

A

Press relations or press agency

42
Q

Publicizing specific products

A

Product publicity

43
Q

Building and maintaining national or local community relationships

A

Public affairs

44
Q

Building and maintaining relationships with legislators and government officials to influence legislation and regulation

A

Lobbying

45
Q

Maintaining relationships with shareholders and others in the financial community

A

Investor relations

46
Q

Working with donors or members of nonprofit organizations to gain financial or volunteer support

A

Development