Chapter 19 - Advertising, PR, and Sales Promotions Flashcards

1
Q

Promotion mix

A
  • Specific blend of promotion tools
  • Used by companies to: Engage consumers, persuasively communicate and build customer relationships
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2
Q

Major promotional tools

A

1) Advertising
2) Sales promotion
3) Personal selling
4) PR
5) Direct and digital marketing

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3
Q

Advertising

A

Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor

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4
Q

Sales promotion

A

Short‑ term incentives to encourage the purchase or sale of a product or service (push or pull strategies)

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5
Q

Personal selling

A

Personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships

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6
Q

Public relations

A

Building good relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events

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7
Q

Direct and digital marketing

A

Direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships

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8
Q

Steps in planning and executing an ad campaign

A
  • Identify the target audience
  • Set advertising objectives
  • Determine the advertising budget
  • Convey the message
  • Evaluate and select media
  • Create advertisements
  • Assess impact
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9
Q

3 Ad objectives

A

1) Informative - used when a company is introducing a new product, correcting false beliefs, explaining how i
2) Persuasive - building brand preference, encouraging brand switching, creating customer engagement
3) Reminder - maintaining customer relationships, keeping the product in consumers’ minds (“top-of-mind awareness”)

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10
Q

Methods of setting a budget

A

1) Affordable method
2) Percentage-of-sales method
3) Competitive-parity method
4) Objective-and-task method

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11
Q

Unique Selling Proposition

A

Conveys the Message
examples)
* Red Bull…. Give you wings
* Nike…. Just do it!
* State Farm Insurance . . . Like a good neighbor, State Farm is there

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12
Q

Message execution types

A

1) Slice of life - typical people in a normal setting
2) Lifestyle - how products fit in one certain lifestyle
3) Fantasy - creates a fantasy for how products can be used
4) Mood or image - beauty, love, serenity
5) Musical - singing about the product
6) Personality symbol - character that represents the product
7) Technical expertise - company is an expert in area
8) Scientific evidence - survey evidence that the brand is better
9) Testimonial endorsements - highly likely or believable sources

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13
Q

Informational vs emotional appeal

A

Informational - Helps consumers make purchase decisions by offering factual
information
Emotional - Aims to satisfy consumers’ emotional desires rather than their
utilitarian needs (humor, comfort, fear, happiness, sex/love, nostalgia)

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14
Q

Steps in advertising media selection

A

1) Determining reach, frequency, and impact
2) Choosing among major media types
3) Selecting specific media vehicles
4) Choosing media timing

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15
Q

Types of advertising schedules

A

1) Continuous - advertisement runs steadily with little variation
2) Flighting - periods of advertising are alternated with periods of no advertising at all
3) Pulsing - mixing continuity and lighting strategies

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16
Q

Elements that make up a good print ad

A
  • Grabs attention
  • Simple and easy to understand
  • Shows product or benefits/features
  • generates a call for action
17
Q

Three ways to assess the impact of an advertisement

A

1) Pretest
2) Track
3) Protest