Chapter 18 Integrated Marketing Communications Flashcards

1
Q

3 Elements of IMC strategy

A
  1. How Consumer receives message/ How delivery affects form and contents
  2. The channels of communication
  3. Evaluation of results of communication
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2
Q

7 Components of communication process

S, T, E, C, R, N, F

A
  1. Sender - party forming the ideas, clearly identified to target market
  2. Transmitter - external agency received info from sender and transforms it for use
  3. Encoding - conversion of sender’s ideas into message
  4. Communication channel - medium for message
  5. Receiver - Decoding of message occurs (interpretation of senders message)
  6. Noise - Difference between senders intended message and what the receiver hears
  7. Feedback Loop - Allows receiver to communicate with sender
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3
Q

4 Components of AIDA model

A
  1. Awareness - think, Aided Recall & Top-of-mind awareness
  2. Interest - Feel, (Include attributes that of of interest to target audience
  3. Desire - Feel
  4. Action - Do
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4
Q

Aided Recall is _____ AWARENESS (THINK)

A

when consumers indicate they know the brand when the name is presented to them

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5
Q

Top of Mind awareness occurs ___ AWARENESS (THINK)

A

consumers mention specific brand names first when they are asked about a product or a service

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6
Q

The lagged Effect is

A

A delayed response to marketing communications campaign

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7
Q

Public Relations

A

supports other promotional efforts by the firm by generating free media attention

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8
Q

Sales Promotions

A

Coupons, rebates, free samples, POP displays

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9
Q

Personal Selling

A

flow of communication between buyer and seller designed to influence the buyer’s purchase decision

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10
Q

3 components of “Objective and Task Method” for determining imc budget

E, D, F

A
  1. Establish set of communication objectives
  2. Determine which media will best reach target market
  3. Figure out cost to run the number and types of communications needed to accomplish objectives
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11
Q

Rule of Thumb method for determining imc budget

A

uses prior sales and comm activities to determine present comm budget

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12
Q

Measuring Effectiveness of IMC campeign through Traditional Media

A
  1. Frequency of exposure within a set time period
  2. Reach - percentage of target population exposed at least once
  3. Gross Rating Points (GRP) = Reach+Frequency
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13
Q

Measuring Effectiveness of IMC campeign through Wen based media

A

Web Tracking software keeping tabs on

  1. How much time spent on particular web pages
  2. Number of Pages viewed
  3. How many times banner ads are clicked
  4. Which website they came from
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14
Q

Social Shopping is

A

The use of Internet to communicate about product preferences with other shippers

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15
Q

Search Engine Marketing (SEM) is

A

Allows ads to show up in sponsored links based on keywords potential customers use

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16
Q

Click through rate (CTR)

A

of times user clicks an ad DIVIDED by # of impressions

17
Q

Impressions

A

The number of times an ad appears in front of the user

18
Q

Relevance

A

Describes how useful an ad message is to the consumer doing the search

19
Q

Formula for determining Return on Marketing Investment (ROMI)

A

(Gross Margin - Marketing Expenditure / Marketing Expenditure) X 100