First Terms Quiz Flashcards
Strategy
Broad set of ideas to engage the target market
Media Planning
Specific plan to enact your strategy
Media Buying
The implementation of your media plan
IO
Insertion order – contract of the station showing the specifics of an ad buy
Media Outlet
The place where the ad will appear or the entity that owns that space
OOH
Out of home. Anything outside
Gross
The cost of an ad plus the ad agency’s commission (usually 15%)
Net
The cost of an ad without agency commission
Trade advertising
Aka barter. Trading product instead of money for advertising
Added value
Stuff the outlets throw in for free
ROS
Run of station or run of site. They’re gonna put your ads on wherever/whenever they have room
SEO Marketing
Search engine optimization. Making sure your site is at the top of search results
Remarketing
Stalker ads, the kind that follow you around the internet after you visit a site
CTA
Call to action, i.e. “Buy now!” or “Click here!”
Direct Response Marketing
Something that allows the purchase to be traced back to that ad, like a code