Chapter 16: Marketing Communications Flashcards

1
Q

Promotion

A

Communication by marketers that informs, persuades, reminds, and connects potential buyers to a product for the purpose of influencing an opinion or eliciting a response.

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2
Q

Promotional strategy

A

A plan for the use of the elements of promotion: advertising, public relations, personal selling, sales promotion, direct-response communication, and social media.

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3
Q

Competitive advantage

A

The set of unique features of a company and its products that are perceived by the target market as significant and superior to the competition.

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4
Q

Communication

A

The process by which we exchange or share meanings through a common set of symbols.

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5
Q

Interpersonal communication

A

Direct, face-to-face communication between two or more people.

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6
Q

Mass communication

A

The communication of a concept or message to large audiences.

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7
Q

Sender

A

The originator of the message in the communication process.

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8
Q

Encoding

A

The conversion of the sender’s ideas and thoughts into a message, usually in the form of words or signs.

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9
Q

Channel

A

A medium of communication - such as a voice, radio, or newspaper - used for transmitting a message.

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10
Q

Noise

A

Anything that interferes with, distorts, or slows down the transmission of information.

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11
Q

Receivers

A

The people who decode a message.

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12
Q

Decoding

A

The interpretation of the language and symbols sent by the source through a channel.

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13
Q

Feedback

A

The receiver’s response to a message.

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14
Q

Promotional mix

A

The combination of promotional tools - including advertising, publicity, sales promotion, personal selling, direct-response communication, and social media - used to reach the target market and fulfill the organization’s overall goals.

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15
Q

Advertising

A

Impersonal, one-way mass communication about a product or an organization that is paid for by a marketer.

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16
Q

Public relations

A

The marketing function that evaluates public attitudes, identifies areas within the organization the public may be interested in, and executes a program of action to earn public understanding and acceptance.

17
Q

Publicity

A

Public information about a company, a product, a service, or an issue appearing in the mass media as a news item.

18
Q

Sales promotion

A

Marketing activities - other than personal selling, advertising, direct-response marketing, and public relations - that stimulate consumer buying and dealer effectiveness like coupons, contests, free samples, etc.

19
Q

Personal selling

A

A purchase situation involving a personal, paid-for communication between two people in an attempt to influence each other.

20
Q

Direct-response communication

A

Communication of a message directly from a marketing company and directly to an intended individual target audience.

21
Q

Online marketing

A

Two-way communication of a message delivered through the Internet to the consumer.

22
Q

Social media

A

A collection of online communication tools that facilitate conversations online; when used by marketers, social media tools encourage consumer empowerment.

23
Q

Consumer-generated content

A

Any form of publicly available online content created by consumers; also referred to as user-generated content.

24
Q

Paid media

A

A category of promotional tactic based on the traditional advertising model whereby a brand pays for advertising space.

25
Q

Earned media

A

A category of promotional tactic based on a public relations model that gets customers talking about products or services.

26
Q

Owned media

A

A category of promotional tactic based on brands becoming publishers of their own content to maximize the brands’ value to consumers.

27
Q

Branded content

A

Creation of engaging bespoke content as a way to promote a particular brand that attracts and builds relationships with consumers.

28
Q

AIDA concept

A

A model that outlines the process for achieving promotional goals in terms of stages of consumer involvement with the message; the acronym stands for Attention, Interest, Desire, and Action.

29
Q

Integrated Marketing Communications (IMC)

A

The careful coordination of all promotional messages for a product or service to ensure the consistency of messages at every contact point where a company meets the consumer.

30
Q

Push strategy

A

A marketing strategy that uses aggressive personal selling and trade advertising to convince a wholesaler or a retailer to carry and sell particular merchandise.

31
Q

Pull strategy

A

A marketing strategy that stimulates consumer demand to obtain product distribution.