Chapter 13 Flashcards
Integrated Marketing Communication
A strategic business process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to targeted audiences
Multichannel Promotion Strategy
A marketing communication strategy where they combine traditional advertising, sales promotion, and public relations activities with online buzz-building activities
Communication Model
The process whereby meaning is transferred from a source to a receiver
Source
An organization or individual that sends a message
Encoding
The process of translating an idea into a form of communication that will convey meaning
Message
The communication in physical form that goes from a sender to a receiver
Medium
A communication vehicle through which a message is transmitted to a target audience
Receiver
The organization or individual that intercepts and interprets the message
Decoding
The process by which a receiver assigns meaning to the message
Noise
Anything that interferes with effective communication
Feedback
Receivers’ reactions to the message
Promotion Mix
The total set of all products a firm offers for sale
Mass Communication
Relates to TV, radio, magazines, and newspapers
Hierarchy of Effects
A series of steps prospective customers move through, from initial awareness of a product to brand loyalty
Top Down Budgeting Techniques
Allocation of the promotion budget based on management’s determination of the total amount to be devoted to marketing communication
Percentage of Sales Method
A method for promotion budgeting that is based on a certain percentage of either last year’s sales or estimates of the present year’s sales
Competitive Parity Method
A promotion budgeting method in which an organization matches whatever competitors are spending
Bottom Up Budgeting Techniques
Allocation of the promotion budget based on identifying promotion goals and allocating enough money to accomplish them
Objective Task Method
A promotion budgeting method in which an organization first defines the specific communication goals it hopes to achieve and then tries to calculate what kind of promotion efforts it will take to meet these goals
Push Strategy
The company tries to move its products through the channel by convincing channel members to offer them
Pull Strategy
The company tries to move its products through the channel by building desire for the products among consumers, thus convincing retailers to respond to this demand by stocking these items
Advertising
Nonpersonal communication from an identified sponsor using the mass media
Advertising Campaign
A coordinated, comprehensive plan that carries out promotion objectives and results in a series of advertisements placed in media over a period of time
User Generated Content Ads (Consumer Generated Content)
Marketing content and activities created by consumers and users of a brand such as advertisements, online reviews, blogs, social media, input to new product development or serving as wholesalers or retailers. online reviews, blogs, and social media
Creative Strategy
The process that turns a concept into an advertisement
Unique Selling Proposition
An advertising appeal that focuses on one clear reason why a particular product is superior