Chapters 16 & 17 Flashcards

1
Q

What is advertising?

A

An impersonal, mass communication about a product or organization that is paid for by a marketer

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2
Q

What is the advertising response function?

A

A phenomenon in which spending for advertising and sales promotion increases sales or market share up to a certain level but then produces diminishing returns

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3
Q

What are the 2 major types of advertising?

A

Institutional
Product

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4
Q

What is institutional advertising?

A

A form of advertising designed to enhance a company’s image rather than promote a particular product

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5
Q

What is institutional advertising used for?

A

Designed to establish, change, or promote the corporation’s identity as a whole

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6
Q

What is advocacy advertising?

A

A form of advertising in which an organization expresses its views on controversial issues or responds to media attacks

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7
Q

What is product advertising?

A

A form of advertising that touts the benefits of a specific good or service

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8
Q

What determines the type of product advertising used?

A

Stage in Product Life Cycle (PLC)

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9
Q

What are the 3 types of product advertising?

A

Pioneering advertising
Competitive advertising
Comparative advertising

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10
Q

What is pioneering advertising and what stage of the PLC is it used in?

A

A form of advertising designed to stimulate primary demand for a new product or product category

Introductory - offers in-depth info about benefits of product

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11
Q

What is competitive advertising and what stage of the PLC is it used in?

A

A form of advertising designed to influence demand for a specific brand

Growth - emphasis on branding begins

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12
Q

What is comparative advertising and what stage of the PLC is it used in?

A

A form of advertising that compares 2 or more specifically named or shown competing brands on one or more specific attributes

Used for products experiencing slow growth or those entering the market against strong competition

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13
Q

What is an advertising objective?

A

A specific communication task that a campaign should accomplish for a specified target audience during a specified period

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14
Q

What is advertising appeal?

A

A reason for a person to buy a product

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15
Q

What is a unique selling proposition (USP)?

A

A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign

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16
Q

What are some advantages/disadvantages of newspapers?

A

Advantages:
- Geographic flexibility
- Timeliness
- Good for mass market

Disadvantages:
- Distractions from competing ads and news stories

17
Q

What are some advantages/disadvantages of magazines?

A

Advantages:
- Traditional & continues to be successful

Disadvantages:
- Cost/contact is high relative to other media

18
Q

What are some advantages/disadvantages of radio?

A

Advantages:
- Selectivity and audience segmentation
- Large out-of-home audience
- Low unit/production costs
- Timeliness
- Geographic flexibility

Disadvantages:

19
Q

What are some advantages/disadvantages of television?

A

Advantages:
- Can reach wide & diverse markets
- Can narrowcast

Disadvantages:
- Can be very expensive

20
Q

What are some advantages/disadvantages of the internet?

A

Advantages:
- Target specific groups in real time
- Maximizes reach and return of products

21
Q

What are some advantages/disadvantages of out-of-home media?

A

Advantages:
- Flexible
- Low-cost

22
Q

What is the media mix?

A

The combination of media to be used

23
Q

What is cost per contact and what does it enable marketers to do?

A

The cost of reaching one member of the target market

To compare the relative costs of specific media vehicles

24
Q

What is reach in the media mix?

A

The number of target customers who are exposed to a commercial at least once during a specific period

25
Q

What is frequency in the media mix?

A

The number of times an individual is exposed to a given message during a specific period

26
Q

What is public relations?

A

The element in the promotional mix that evaluates public attitudes, identifies issues that may elicit public concern, and executes programs to gain public understanding and acceptance

27
Q

What are the major public relations tools?

A

New product publicity
Product placement
Consumer education
Sponsorship
Experiential marketing
Company websites

28
Q

What is new product publicity?

A

Publicity instrumental in introducing new products and services

29
Q

What is product placement?

A

A strategy that involves getting one’s product, service, or name to appear in any kind of media

30
Q

What is consumer education?

A

Some firms believe that educated consumers are more loyal consumers

31
Q

What is sponsorship?

A

When a company sends money to support an issue, cause, or event that is consistent with corporate objectives

32
Q

What is experiential marketing?

A

Involves engaging with consumers in a way that enables them to feel the brand

33
Q

What is crisis management?

A

The coordinated effort to handle the effects of unfavorable publicity, ensuring fast and accurate communication in times of emergency

34
Q
A