Online/Offline Marketing Flashcards

1
Q

What is the Marketing Mix?

A

The combination of tactics used by a business to effectively target its product to the target audience

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2
Q

What are the 4Ps?

A

Marketing Mix: Product, Price, Promotion, Place

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3
Q

What is in the extended marketing mix?

A

4Ps, People, Process, Physical Evidence

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4
Q

What is the Promotional Mix?

A

Tools businesses can use to communicate the benefits of its product to the customers.

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5
Q

What tools are in the Promotional Mix?

A

Advertising, Direct Marketing, Personal Selling, Public Relations, Sales Promotion

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6
Q

What is the PAD Formula?

A

A checklist for a successful campaign which understands the customers needs

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7
Q

What does PAD stand for?

A

Personal Selling, Advertising, Display

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8
Q

What are the 7 techniques within the PAD Formula?

A

Advertising, PR, Sales Promotion, Direct Marketing, Personal Selling, Digital Methods, Social Media

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9
Q

What are the 4 promotion techniques?

A

Market Penetration, Product Development, Market Development, Diversification

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10
Q

What 3 areas of collaboration should you measure?

A

Content, Workflow, Communication

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11
Q

When selecting tools for collaboration, what 3 criteria should you consider?

A

Purpose, Team, Processes

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12
Q

What is a moderator? - collaboration

A

Moderates all activity

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13
Q

What is a facilitator? - collaboration

A

Sets everything up and ensures smooth running

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14
Q

What is an archivist? - collaboration

A

Ensures everything is stored correctly and securely

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15
Q

What is an evangelist? - collaboration

A

Promotes effective and safe use

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16
Q

What is a social media trainer? - collaboration

A

Trains staff

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17
Q

What is a specifier? - collaboration

A

Chooses software

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18
Q

What is an organisational structure?

A

Defines a hierarchy within an organisation

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19
Q

What is a Hierarchal Organisational Structure?

A

Organisational structure which has a tall hierarchy where employees are ranked one above the other.

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20
Q

What is a Flat Organisational Strucutre?

A

Organisational structure which where staff all report to one manager.

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21
Q

What is a Team Role?

A

A tendency to behave, contribute, and interrelate with others in a particular way.

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22
Q

What are the 3 groups of team roles that Belbin identified?

A

Action Oriented, People Oriented, Thought Oriented

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23
Q

What are the 3 Action Oriented team roles?

A

Shaper, Implementer, Complete-finisher

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24
Q

What are the 3 People Oriented team roles?

A

Coordinator, Team Worker, Resource Investigator

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25
What are the 3 Thought Oriented team roles?
Plant, Monitor-evaluator, Specialist
26
What is Organisational Behaviour?
The study of the way people interact within groups.
27
What are the 7 stages in The Customer Lifecycle?
Awareness, Nurturing, Desire, Purchase, Support, Loyalty, Advocacy
28
What is SEO?
The process of affecting the visibility of a website in a search engine's organic search results?
29
What are Organic Results?
Results found naturally through good SEO.
30
What are Paid Results?
Resulted generated through Google AdWords.
31
What is On-page SEO?
Action you take on web pages such as keywords.
32
What is Off-page SEO?
Action that takes place elsewhere such as link building.
33
What is Content Marketing?
Good quality content which holds the audiences attention.
34
What is The Funnel?
How we convert engagements into long-term relationships.
35
What are the 3 stages of The Funnel?
Reach, Engage, Amplify
36
What are Digital Touchpoints?
The places businesses can reach customers on social media.
37
What is Content Shock?
Refers to the rising content levels and limited attention making it harder for content to stand out.
38
What are the 4 areas of a Competitor Analysis?
Future goals, Assumptions, Current strategy, capabilities
39
What is a Competitor Response Profile?
Designed to indicate how a competitor is likely to respond in its competitive environment.
40
What is a SWOT Analysis?
A strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats to a business.
41
What is a PESTLE Analysis?
An analytical tool used to analyse something and how each factor will affect it.
42
What does PESTLE stand for?
Political, Economic, Social, Technological, Legal, Environmental
43
What is a Marketing Brief?
Used to lay the framework for a marketing initiative.
44
What is a Value Proposition?
Refers to a business or marketing statement that a company uses to summarise why a consumer should buy the product.
45
What are SMART Targets?
A system for setting goals and outcomes.
46
What does SMART stand for?
Specific, Measurable, Attainable, Relevant, Timely
47
What is ROI?
Return On Investment - a performance measure used to evaluate the efficiency of an investment.
48
What is the ROI calculation?
(gain from investment - cost of investment) ÷ the cost of investment
49
What is Market Segmentation?
The process dividing your potential audience into smaller groups based on their profile (buyer persona)
50
What factors should you consider in market segmentation?
Behavioural, Demographics, Psychographic, Geographic, Needs
51
What is Customer Categorisation?
Dividing a customer base into groups of individuals which are similar, relevant to marketing
52
What is the goal of Customer Relationship Marketing?
To develop loyalty between brand and customers.
53
See different types of Customer Relationship Marketing!
See notes!
54
See Acts and Laws!
See notes!
55
What falls into ASA?
The UK Code of Broadcast Advertising (BCAP Code), CAP Code, and The DMA Code of Practice
56
What is on the ASA content checklist?
Legal, Decent, Honest, Truthful
56
What are the components of a Risk Management Framework?
Social media policy, Reputation management, Confidentiality, Privacy Policy, Corporate Code of Practice
57
What are the components of a Risk Management Framework?
Social Media Policy, Reputation Management, Confidentiality, Privacy Policy, Corporate Code of Practice
58
What is a Contingency Plan?
A course of action designed to help an organisation respond effectively to a hypothetical significant future event.
59
What is a Crisis Management Plan?
A detailed plan that describes the various actions to be taken during a critical situation.
60
What is a Business Continuity Plan (BCP)?
A plan to ensure that business processes can continue during the time of an emergency such as a fire or flood.
61
What is the negotiation process?
Preparation, Discussion, Clarification of Goals, Negotiation towards a win-win outcome, Agreement, Implementation