Managing Marketing Communications Flashcards

1
Q

Marketing and Promotions Process Model

A
  1. a) Opportunity analysis
    b) Competitive analysis
    c) Target market
  2. a) Identifying markets
    b) Market segmentation
    c) Selecting a target market
    b) Selecting a target market
    c) Positioning through marketing strategies
  3. a) Product decisions
    b) Pricing decisions
    c) Channel-of-distribution desiciions
  4. Promotional decisions (to the buyer or to the reseller)
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2
Q

The standard-learning hierarchy

A

Assumes that the consumer will conduct extensive research and establish beliefs about the attitude object.

Attitude is based on cognitive information processing

Beliefs –> Affect –> Behaviour

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3
Q

The low-involvement learning hierarchy

A

Attitude based on the behavioural learning process.

Beliefs –> Behaviour –> Affect

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4
Q

The experiential hierarchy

A

Attitude based on hedonic consumption

Affect –> Behaviour –> Beliefs

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5
Q

The cognitive response model

A
  1. Exposure to advertisement –>
  2. Cognitive response
    a) product message thoughts
    b) source-oriented thoughts
    c) ad execution thoughts
  3. Attitudes
    a) brand attitudes
    b) attitude toward the advertisement
  4. Purchase intention
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6
Q

McKinsey Model

A

Trigger –> active evaluation –> purchase –> post purchase experience –> Loyalty loop

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7
Q

Customer life cycle and communications

A
  1. Reach
  2. Acquisition
  3. Conversion
  4. Retention
  5. Loyalty
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8
Q

Selective process theory

A

Selectivity
1. Selective exposure
2. Selective attention
3. Selective comprehension
4. Selective retention

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9
Q

Objectives

A

Establish brand positioning by following marketing communication plan - hit top 5 on reputation research in 1 year time.

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10
Q

Communication objectives

A
  • Awareness
  • Image
  • Increasing the demand
  • Changing the attitudes
  • Changing the behaviour
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