Domain 9 | Marketing, Public Relations & Communications Flashcards
Nonmember receipt of publications (Anti-trust)
To avoid exposure to antitrust or restraint of trade liability, publications that have information of competitive value should be made available to nonmembers. The association may charge a full subscription rate to the nonmember.
Invasion of Privacy
Privacy is a legal right. Publishing names or pictures in association publications may invade the privacy rights of individuals. Names or pictures should not be used to advertise or promote products or services, or in any discrediting or embarrassing way, without permission from the individuals named or depicted
Libel vs Slander
_Libel: a published statement declaring a person to be dishonest, fraudulent, or immoral.
_Slander: an oral statement that defames, misrepresents, or otherwise vilifies a person.
Cause Related Marketing
Through corporate collaborations, companies may gain the image of being socially responsible. Nonprofit organizations benefit from marketing efforts that put them and their missions into the limelight. Such collaborations might involve the sale of a product, marketing or organizational expertise, or even the birth of a for-profit enterprise.
Features vs Benefits vs Value
In the marketing process, there are three perspectives to express: features, benefits, and value.
_Features list all the attributes of the product or event (e.g., “our convention offers 130 concurrent sessions to choose from”).
_Benefits define positive results that might come from the features (e.g., ability to customize your learning experience).
_Value zeroes in on the specific impact that the product or service will deliver to the individual customer. For example, “Our 75 ‘how to’ sessions will give you practical tools that can immediately improve your bottom line performance.”
One-to-One Marketing
Focuses on four things when selling to customers:
- Increase “share of wallet.” Figure out which needs you can satisfy and then use the knowledge you have, and the trust you’ve built, to make the additional sale.
- Increase the durability of customer relationships. Invest money in customer retention, because it’s a small fraction of the cost of customer acquisition.
- Increase your product offerings to the customer. By being customer-focused instead of retail-focused, you can increase your offerings and subsequently your share of wallet.
- Create an interactive relationship that leads to meeting more customer needs. In a cyclical pattern, you provide incentives for the customer to give you more information from which you offer more products.
Permission Marketing
A marketing process offering the consumer an opportunity to volunteer to be marketed to. It encourages consumers to participate in a long-term, interactive marketing campaign in which they are rewarded in some way for paying attention to increasingly relevant messages. This approach begins at the first point of contact with a prospect. The permission marketer’s goal is to continually expand and leverage the permission of the customer. The focus is on how deep the level of permission is with your existing customers, rather than how many sales have been made.
Marketing Segmentation
A research process that divides the total potential market into specific and identifiable groups, or segments, of customers. The process includes
• Identifying bases for segmenting
• Developing profiles of segments
• Developing measures of segment attractiveness
Target Marketing
Selecting one or more audience segments and developing a position for each, plus developing a marketing mix for each and a strategy to penetrate those markets.
Viral Marketing
Encouraging individuals to pass on a marketing message to others, creating the potential for exponential growth in the message’s exposure and influence. An effective viral marketing strategy has these six characteristics:
- Gives away products or services
- Provides for effortless transfer to others
- Scales easily from small to very large
- Exploits common motivations and behaviors
- Utilizes existing communication networks
- Takes advantage of others’ resources
Trademark (Publications)
A name, symbol, or other device identifying a product (publication), officially registered and legally restricted to the use of the owner or manufacturer. It usually includes company or product names and logos.
Message Framing (Public Relations)
Part of a strategic PR campaign; identifying key and secondary messages to motivate the target audiences to take actions the organization desires.
Very Important Publics (Public Relations)
In a strategic PR campaign, the association needs to identify the key publics to be reached. A good strategy will limit the list to three. Each public requires its own key and secondary messages and proof points
Blogging (or weblog)
A website that displays a reverse chronological listing of short text entries by a single author; an online journal usually taking a conversational tone and featuring the
viewpoint of an individual or an organization.
Intranet vs Internet
_Intranet: an internal network, closed to the general public, providing electronic communication services similar to those provided by the Internet.
_Internet: a worldwide network of computers that store, transmit, and distribute information.