Chapter 18 Flashcards

1
Q

Combination of one or more communication tools used: 1. Inform prospective buyers about benefits, 2. Persuade them to try it, and 3. Remind them later about the benefits they enjoyed.

A

Promotional Mix

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2
Q

Concept of designing marketing communications programs that coordinate all promotional activities – advertising, personal selling, sales promotion, public relations, and direct marketing – to provide a consistent message across all audiences

A

Integrate Marketing Communications (IMC)

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3
Q

Process of conveying a message to others that requires 6 steps

A

Communication

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4
Q

Company or person who has information to convey during communication process

A

Step 1 of Communication: Source

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5
Q

Information sent by a source to a receiver during communication process

A

Step 2 of Communication: Message

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6
Q

The means of conveying a message to a receiver during the communication process

A

Step 3 of Communication: Channel of Communication

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7
Q

Consumers who read, hear, or see the message sent by a source during the communication process

A

Step 4 of Communication: Receivers

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8
Q

Having the sender transform an idea into a set of symbols during the communication process

A

Step 5 of Communication: Encoding

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9
Q

Having the receiver take a set of symbols, the message, and transform them back to an idea during the communication process.

A

Step 6 of Communication: Decoding

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10
Q
  1. Encoding 2. Decoding 3. Field of Education 4. Response 5. Feedback 6. Noice
A

Steps Messages Go Through

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11
Q

Mutually shared understanding and knowledge that the sender and receiver apply to a message so that can communicate effectively during the communication process.

A

Field of Experience

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12
Q

In the Feedback loop, the impact the message had on the receiver’s knowledge, attitudes, or behaviors during the communication process

A

Response

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13
Q

In the Feedback loop, is the sender’s interpretation of response, which indicates whether a message was decoded and understood as intended during the communication process

A

Feedback

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14
Q

Consists of extraneous factors that can work against effective communication by distorting a message or the feedback received during the communication process

A

Noice

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15
Q

Any paid form of nonpersonal communication about an organization, product, service, or idea by an identified sponsor.

A

Advertising

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16
Q

Two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a persons, or groups purchase decision.

A

Personal Selling

17
Q

Nonpersonal, indirectly paid presentation of an organization, product, or service

A

Publicity

18
Q

Communication management that seeks to influence the feelings, opinions, or beliefs held by customers, prospective customers, stakeholders, suppliers, employees, and other public about a company and its products.

A

Public Relations

19
Q

Short-term inducement of value offered to arouse interest in buying a product or service.

A

Sales Promotion

20
Q

Promotion alternative that uses direct communication with consumers to generate a response in the form of an order, a request for further information, or a visit to a retail outlet.

A

Direct Marketing

21
Q

Directing the promotional mix to channel members to gain their cooperation in ordering and stocking the product.

A

Push Strategy

22
Q

Directing the promotional mix at ultimate consumers to encourage them to ask the retailer for a product.

A

Pull Strategy

23
Q

Sequence of stages a prospective buyer goes through from initial awareness of a product to eventual action that includes awareness, interest, evaluation, trial and adoption

A

Hierarchy of Effects

24
Q

Allocating funds to promotion as a percentage of past or anticipated sales, in terms of either dollars or units sold

A

Percentage of Sales Budgeting

25
Q

Allocating to promotion by matching the competitor’s absolute level of spending or the proportion per point of market share. Also called matching competitors or share market.

A

Competitive Parity Budgeting

26
Q

Allocating funds to promotion only after all other budget items are covered

A

All-you-can-afford Budgeting

27
Q

Allocating funds to promotion whereby the company, 1. Determines its promotion objectives, 2. Outlines the tasks to accomplish these objectives, and 3. Determines the promotion cost of performing these tasks

A

Objective and Task Budgeting

28
Q

Result of a direct marketing offer that contains all the information necessary for a prospective buyer to decide to purchase and completer the transaction

A

Direct Orders

29
Q

Result of a direct marketing offer designed to generate interest in a product or service and a request for additional information

A

Lead Generation

30
Q

Outcomes of a direct marketing offer designer to motivate people to visit a business

A

Traffic Generation