Part 2 Flashcards

1
Q

Counter stand

A

A small holder for merchandise or flyers usually located near the check-out registers.

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2
Q

Direct marketing

A

Direct connections from a firm to carefully targeted individual entities [businesses and/or consumers] to both obtain an immediate response and cultivate lasting customer relationships.

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3
Q

Direct - mail marketing

A

Mailings from a firm to carefully targeted entities that include letters, ads, samples, and fold-outs sent to prospects and/or customers on mailing lists.

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4
Q

Direct - response TV marketing

A

The direct marketing of products via television, including direct-response television advertising, infomercials, and/or home shopping channels/networks.

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5
Q

End cap

A

The display section in a retail store formed by the end of back-to-back shelves.

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6
Q

Floor Stand

A

A piece of merchandise display furniture that stands alone and requires no additional support.

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7
Q

Flyer

A

A small piece of sales collateral that provides a little information on a very cost-effective basis.

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8
Q

Online Marketing

A

Any type of attention-getting message that appears while consumers are surfing the Web.

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9
Q

Tag Along

A

A small piece of collateral usually located near the merchandise item intended for prospects to use to evaluate the purchase of the item.

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10
Q

Telephone Sales

A

Using the phone to solicit orders directly from customers.

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11
Q

Ad Agency

A

A marketing services firm that assists companies in planning, preparing, implementing, and evaluating any or all or portions of their advertising programs.

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12
Q

Advertising

A

Any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor.

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13
Q

Affordable Method

A

Setting the promotion budget at the level management thinks the company can afford.

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14
Q

Competitive - Parity Method

A

Setting the promotion budget to match competitors’ outlays.

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15
Q

Objective-and-task method

A

Developing the promotion budget by [1] defining specific objectives, [2] determining the tasks that must be performed to achieve these objectives, and [3] estimating the costs of performing these tasks.

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16
Q

Percentage-of-sales method

A

Setting the promotion budget at a certain percentage of current or forecasted net sales.

17
Q

PR agency

A

A marketing services firm that assists companies in planning, preparing, implementing, and evaluating any or all or portions of their public relations programs.

18
Q

Public relations

A

A marketing services firm that assists companies in planning, preparing, implementing, and evaluating any or all or portions of their public relations programs.

19
Q

Pull strategy

A

A promotion strategy that calls for spending a lot on advertising and consumer promotion to build up consumer demand for a product for direct and reseller sales.

20
Q

Push strategy

A

A promotion strategy that calls for using the sales force, resellers, and trade promotion to drive the product through channels of distribution to the consumer.