Chapter 14 Flashcards

1
Q

Advertising

A

REACH MASSES
paid form of nonpersonal presentation and promotion

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2
Q

sales promotion

A

short-term incentives to purchase or sell

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3
Q

personal selling

A

personal interaction by the firm’s sale force

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4
Q

public relations (PR)

A

building good relations
building up good corp. image

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5
Q

direct and digital marketing

A

engaging directly with carefully targeted individual consumers

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6
Q

integrated marketing communications (IMC)

A

integrating the company’s communications to deliver a clear and consistent message

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7
Q

buyer-readiness stages

A

awareness
knowledge
liking
preference
conviction
purchase

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8
Q

AIDA model

A

get ATTENTION
hold INTEREST
arouse DESIRE
obtain ACTION

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9
Q

rational appeal

A

relates to self-interest

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10
Q

emotional appeal

A

stir up positive or negative emotions to motivate the purchase

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11
Q

moral appeal

A

directed to a sense of what is right and proper

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12
Q

personal communication channels

A

channels where two or more people communicate directly

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13
Q

word-of-mouth influence

A

impact of recommendations from ppl close to you

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14
Q

buzz marketing

A

creating opinion leaders and getting them to spread info

influencers

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15
Q

nonpersonal communicatio channels

A

media with messages without being personal

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16
Q

affordable method

A

setting promotion budget at the level management thinks

17
Q

percentage-of-sales method

A

setting budget at a certain % of current or forecasted sales

18
Q

competitive-parity method

A

setting budget to match competitiors

19
Q

objective-and-task method

A
  1. define specific objectives
  2. determine tasks needed
  3. estimate costs
20
Q

Push promotion mix strategy

A

using sales force
push the product through channels

21
Q

Pull promotion mix strategy

A

spending a lot on consumer adverts