Marketing Test #4 Flashcards
any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. ie broadcast, print, internet, outdoor
Advertising
the short-term incentive to encourage the purchase or sale of a product or service. ie discounts, coupons, displays, demonstrations
Sales Promotion
involves building good relations with the company’s various publics. ie press releases, sponsorships, special events, or web pages
Public Relations
the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships. ie sales presentations, trade shows, incentive programs
Personal Selling
involves making direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships. ie catalog, telemarketing, kiosks
Direct Marketing
the integration by the company of its communication channels to deliver a clear, consistent, and compelling message about the organization and its brands
Integrated Marketing Communications
Get Attention, Hold Interest, Arouse Desire, Obtain Action
AIDA Model
an appeal or theme that will produce the desired response. ie rational appeal, emotion appeal, moral appeal
Message Content
relates to the audience’s self-interest
Rational Appeal
an attempt to stir up positive or negative emotions to motivate a purchase
Emotional Appeal
directed at the audience’s sense of right and proper
Moral Appeal
involves two or more people communicating directly with each other. effective because it allows personal addressing and feedback
Personal Communications
involves cultivating opinion leaders and getting them to spread information about a product or service to others in their communities
Buzz Marketing
people within a reference group who, because of their special skills, knowledge, personality, or other, characteristics, exerts social influence on others
Opinion Leaders
media that carry messages without personal contact or feedback, including major media, atmospheres, and events that affect the buyer directly
Non-personal Communication
include print, broadcast, display, and online media
Major Media
designed environments that create or reinforce the buyer’s leaning toward buying a product
Atmospheres
sets the budge at an affordable level. ignores the effects of promotion on sales
Affordable Budget Method
sets the budget at a certain percentage of current or forecasted sales or unit sales price
Percentage of Sales Method
sets the budget to match competitor outlays
Competitive-parity Method