Chapter 17 Flashcards

1
Q

Components of Integrated Marketing Communication (IMC)

A
  • Personal Selling
  • Sales Promotion
  • Advertising
  • Direct Marketing
  • Public Relations
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2
Q

Paid non-personal media communication through various mass media channels.

A

Advertising

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3
Q

Advertising campaigns are made bigger by:

A
  • Product Placement

- Sponsorship

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4
Q

Product Placement

A

Marketers pay a fee to display a product prominently in a film or TV show.

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5
Q

Sponsorship

A

An organization supports an event or activity with money or similar resources in exchange for direct association with the event or activity.

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6
Q

Personal selling

A

a seller’s promotional presentation conducted person-to-person with a buyer

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7
Q

What ways does personal selling take place?

A

Face-to-face
Over the telephone
By online video
(The oldest form of promotion)

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8
Q

Sales promotion

A

Marketing activities that provide a short-term incentive to make a purchase.

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9
Q

What ways can provide a short term incentive to make a purchase?

A
Displays
Trade shows
Coupons
Contests
Samples
Premiums
Product demonstrations
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10
Q

Direct marketing

A

The use of direct communication to generate a response in the form of an order, a request for further communication, or a visit to a place of business.

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11
Q

What does Direct Marketing consist of? (Besides direct mail)

A

Direct-response advertising and infomercials on television
Direct-response print advertising
Direct-response online advertising

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12
Q

A firm’s communications and relationships with its various stakeholders, including customers, suppliers, stockholders, employees, the government, and the general public

A

public relations

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13
Q

publicity

A

an aspect of public relations where marketers seek unpaid placement of news about the company or a product in mass media or on social media.
- Because companies don’t pay for publicity, they have less control over whether the press publishes good or bad news.

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14
Q

Using unconventional, innovative, and low-cost techniques to attract consumers’ attention.

A

Guerilla Marketing

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15
Q

Buzz marketing

A

Marketing firms may hire students to mingle among classmates and friends, creating a buzz about products.
- Another form of viral marketing.

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16
Q

Sender

A

Source of the message communicated to the receiver.

17
Q

Message

A

A communication of information.

18
Q

What is an effective message?

A

Gains the receiver’s attention
Achieves understanding by both receiver and sender
Stimulates the receiver’s needs and suggests an appropriate method of satisfying them.

19
Q

AIDA Concept

A

The steps consumers take in reaching a purchase decision.

20
Q

What does the acronym AIDA mean?

A

Attention
Interest
Desire
Action

21
Q

Encoding

A

Translating a message into understandable terms and transmitting it through a communication channel.

22
Q

Decoding

A

The receiver’s interpretation of the message.

23
Q

Feedback

A

The receiver’s response.

24
Q

Noise

A

forms of interference with the transmission of a message that reduces its effectiveness.

25
Q

Channel

A

The medium for delivering a message, such as a salesperson, a PR outlet, a website, or an advertising medium.

26
Q

What are the most common promotional objectives?

A

Create awareness
Stimulate demand
Encourage product trial
Retain loyal customers

27
Q

Potential customers must know that a product exists.

The importance of creating awareness isn’t limited to new products. How is this achieved?

A

Billboards
Posters
Streaming radio ads