MK 12 Integrated Marketing Communications I Flashcards

1
Q

AIDA Model

A

Awareness
Interest
Desire
Action

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2
Q

Aided recall

A

When consumer know the brand when the name is given to them

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3
Q

Top-of-mind Awareness

A

Consumer mention brand name when asked about product

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4
Q

Channels used in IMC strategy

A
  • online
  • personal selling
  • direct marketing
  • advertising
  • public relations
  • sales promotion
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5
Q

Objective-and-task Method

A

Establish a set of communication objectives
determine the best media to reach target
how much will it cost

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6
Q

Rule-of-thumb Method

A

use prior sales and communication activities to determine the preset communication budget

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7
Q

Impressions

A

Number of times an ad appears in front of a user

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8
Q

Click-through rate (CTR)

A

The number of times a user clicks on an ad / the number of impressions.

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9
Q

Return on Marketing Investment (ROMI)

A

= (Gross Margin - Marketing expenditure)/ (Marketing Expenditure)

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10
Q

Steps in Planning and Executing an Ad Campaign

A
  1. Identify the target audience
  2. Set objectives
  3. Determine Ad budget
  4. Convey Message
  5. Evaluate and Select Media
  6. Create an Advertisement
  7. Assess Impact
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11
Q

Pull Strategy

A

get consumers to pull the product into the market channel by demanding it

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12
Q

Push strategies

A

Focus on demand on wholesalers, retailers by pushing to consumers

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13
Q

Informative Advertising

A

communication used to create and build brand awareness with the goal of moving the consumer through the buying cycle to purchase

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14
Q

Persuasive Advertising

A

when the product has gained a certain level of awareness, used to motivate consumers to take action.
- Growth and early maturity phases, when competition most intense

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15
Q

Reminder Advertising

A

remind or prompt repurchase

- gained market acceptance and in maturity phases

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16
Q

Institutional advertisement

A

promotes a company, not intended to sell a product/ service

17
Q

Public Service advertising

A

focus on public welfare, sponsored by nonprofit

  • inform, persuade on the betterment of society
  • form of social marketing
18
Q

Unique Selling Proposition (USP)

A

a common theme or slogan in an advertising campaign

19
Q

Information Appeal

A

helps the consumer make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably

20
Q

Emotional Appeals

A

satisfy consumers’ empotional desires rather than their utilitairan needs

21
Q

Media Planning

A

process of evaluating and selecting media mix that will deliver a clear message to the audience

22
Q

Media mix

A

combination of media used and the frequency of advertising in each medium

23
Q

3 types if advertising schedules

A

continuous schedule
flighting
pulsing

24
Q

Continuous schedule

A

runs steadily throughout the year and suited for products that are consumed continuously at a steady rate (detergent)

25
Q

Flighting

A

periods of heavy advertising followed by periods of no advertising (Sunscreen)

26
Q

Pulsing

A

Combining continuous and flighting, increase during certain periods (Airlines, hotels)

27
Q

lift

A

additional sales caused by the advertising

28
Q

reach

A

percentage of the target population exposed to a certain marketing communication at least once within a certain time

29
Q

Frequency

A

of times reached target consumers are exposed to an ad within a certain time.

30
Q

Cost per Thousand CPM

A

total cost of ad/ targeted circulation *1,000

31
Q

Communication Process

A

Sender
Transmitted encodes messgage
Communications channel
Reciever decodes message