Chapter 16- Promotions Flashcards

0
Q

Integrated marketing communication (IMC)

A

combines all the promotion tools into one comprehensive, unified promotion strategy

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1
Q

Promotion mix

A

Combinations of promotional tools an organization uses

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2
Q

Advertising

A

Paid, nonpersonal communication through various media to identify organizations

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3
Q

Product placement

A

Putting products into TV shows and movies where they will be seen

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4
Q

Infomercial

A

A full-length TV program devoted exclusively to promoting goods or services

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5
Q

Interactive promotion

A

Buyers and sellers work together to create mutually beneficial exchange relationships

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6
Q

Personal selling

A

Face-to-face presentation and promotion of goods and services

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7
Q

Prospecting

A

Researching potential buyers and choosing those most likely to buy

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8
Q

Qualifying

A

Making sure that people have a need for the product, authority to buy, and willingness to listen to a sales message

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9
Q

Prospect

A

Person with the means to buy a product, authority to buy, and willingness to listen to a sales message

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10
Q

Trial close

A

Question or statement that moves the selling process towards the actual close

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11
Q

Public relations (PR)

A

Evaluate public attitudes, changes policies and procedures in response to the public’s requests, and executes a program of action and information to earn public understanding and Acceptance

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12
Q

Publicity

A

Any information about an individual, product, or organization thats distributed to the public through the media and that’s not paid for or controlled by the seller

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13
Q

Sales promotion

A

Stimulates consumer purchasing and dealer interest by means of short-term activities

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14
Q

Sampling

A

A company let’s consumers have a small sample of a product for no charge

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15
Q

Word-of-mouth promotion

A

Involves people telling other people about products they’ve purchased

16
Q

Viral marketing

A

Everything from paying customers to say positive things on the Internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific sites

17
Q

Blog

A

Online diary

18
Q

Podcasting

A

Audio and video programs

19
Q

Push strategy

A

Producer uses advertising, personal selling, sales promotion, and all other promotional tools to convince wholesalers and retailers to stock and sell merchandise

20
Q

Pull strategy

A

Heavy advertising and sales promotion efforts are directed toward consumers so that the request the products from retailers

21
Q

Pick economy

A

Customers to pick out their products from online outlets or who do online comparison-shopping