Intro Flashcards

1
Q

This is the optimal combination and coordination of the promotional mix elements designed to provide clarity, consistency, and maximum communications impact

A

Integrated Marketing Communications (IMC)

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2
Q

The structured and composed non-personal communication of information
Usually paid for
Usually persuasive in nature

A

Advertising

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3
Q

Pull strategy

A

To induce consumers to try the brand and to suggest re-use

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4
Q

Push strategy

A

To stimulate the distribution of a brand

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5
Q

4 reasons you would want to slow demand

A

Bad behaviors (smoking, texting/drinkingwhile driving)
New iterations of iPhone
Competitor/competitive analysis
Exclusivity of brands

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6
Q

Product parity

A

Companies can copy each other quickly and compete by price, consumers are not brand loyal (toothpaste)

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7
Q

Sound bite decision making

A

Too much to take in, process things at a surface level
Deal with inundation of information (advertising)
Consistency allows you to process more information

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8
Q

When companies can copy each other quickly and compete by price, customers are not brand loyal

A

Product parity

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9
Q

When there is too much to take in, process things at a surface level, deal with inundation of information (advertising)

A

Sound bite decision making

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10
Q

Communication source

A

Party who formulates an idea

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11
Q

Communication encoding

A

Translates the idea into a message

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12
Q

Message

A

Idea to be sent

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13
Q

Communication Channel

A

Medium or set of media carrying message

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14
Q

Party who formulates an idea (communication)

A

Source

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15
Q

Translates the idea into a message (communication)

A

Encoding

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16
Q

Idea to be sent (communication)

A

Message

17
Q

Medium or set of media carrying message (communication)

A

Channel

18
Q

Source examples

A

Company or organization

Spokesperson

19
Q

Example of personal channel

A

Personal selling

20
Q

Example of non personal channel

A
Television
Newspaper
Magazines
Radio
Billboards
21
Q

Marketing communication receiver

A

Consumer

22
Q

Marketing communication decoding

A

Consumers’ interpretation of an advertisement

Depends on aspects of consumer behavior (attitudes, perceptions, personality)

23
Q

Noise

A

Hundreds of advertisements consumers encounter

24
Q

Marketing communication feedback

A

Acknowledgement of received message
Redeemed coupons, increase in in store traffic, banner ad clicks, etc
Importance of direct response mechanisms or tracking mechanisms

25
Q

Three types of memory encoding models

A

Replacement model
Accumulation model
Judgement model

26
Q

Marketing communications messages will not be processed if (4)

A

They are not recognizable
They are not related to each other
They conflict with what has already been stored
They are unrelated or unimportant to the person