Chapters 16 & 17 Flashcards
What is advertising?
An impersonal, mass communication about a product or organization that is paid for by a marketer
What is the advertising response function?
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
What are the 2 major types of advertising?
Institutional
Product
What is institutional advertising?
A form of advertising designed to enhance a company’s image rather than promote a particular product
What is institutional advertising used for?
Designed to establish, change, or promote the corporation’s identity as a whole
What is advocacy advertising?
A form of advertising in which an organization expresses its views on controversial issues or responds to media attacks
What is product advertising?
A form of advertising that touts the benefits of a specific good or service
What determines the type of product advertising used?
Stage in Product Life Cycle (PLC)
What are the 3 types of product advertising?
Pioneering advertising
Competitive advertising
Comparative advertising
What is pioneering advertising and what stage of the PLC is it used in?
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
What is competitive advertising and what stage of the PLC is it used in?
A form of advertising designed to influence demand for a specific brand
Growth - emphasis on branding begins
What is comparative advertising and what stage of the PLC is it used in?
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
What is an advertising objective?
A specific communication task that a campaign should accomplish for a specified target audience during a specified period
What is advertising appeal?
A reason for a person to buy a product
What is a unique selling proposition (USP)?
A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign