CHAPTER ONE Flashcards
marketing?
process of planning and excuting the pricing, conception and promotion of an idea that satisfies consumers and organizations.
consumer perceived value?
perception of all benefits of a product against the cost of aquiring it
marketing mix (4 P’s)
1- product ( satisfies needs)
2- price ( offering it at a certain price)
3- place ( making it available through a channel or distribution
4- promotion ( creating awarness about the product)
IMC
marketing communications planning that
recognizes the added value of a comprehensive plan that
evaluates the strategic roles of a variety of communication
disciplines
IMC seeks to?
have all of the company’s promotion and marketing activities
brand identity consists of?
1- logo
2- symbols
3- image
4- name
5- performance
6- design
7- packaging
marketing communication uses?
1- inform
2- diffrentiate
3- persuade
4- remind
promotional mix consists of?
1- advertising
2- direct marketing
3- digital marketing
4- sales promotion
5- public relations
6- personal selling
1) advertising?
any paid form of non personal communication about the organization, product, service by an identified sponsor
non personal media?
the message is not personalized as it’s send to large number of people (mass audience) and no opportunity of feedback
why is advertising important?
1-Emotional effectiveness
2-Image/Brand building (Awareness and associations)
3-Large audiences
4-Cost effectiveness (for reaching mass number of people)
5- short term sales
6- attitude change
advertising classifications?
1- consumer
2- organization
consumer consists of?
1- national
2- retail
3-primary demand ( venus el led)
organizational consists of?
1- b2b (ba3ml e3lan l sherka)
2- professional
3- trade ( ba3ml l retaliers 3ashan yewaz3o el product beta3i)
2)direct marketing?
utilitizing a direct communication channel and exchange between the company and it’s customers.
Generally not intended for mass
communications.
- Usually Traceable and Measurable ( bab3at l nas mo3ayana)