Promotion Flashcards

1
Q

communication purposes

A
  1. to inform
  2. to persuade
  3. to remind
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2
Q

to inform purpose

A
  1. telling the market about a new product
  2. suggesting new uses for a product
  3. informing market of price change
  4. explaining use of product
  5. describing availible services
  6. reducing buyers fears
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3
Q

to persuade purpose

A
  1. building brand preference
  2. encouraging switching to your brand
  3. changing buyer perceptons
  4. persuading buyers to purchase now
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4
Q

to remind purpose

A
  1. remind buyers that the poduct may be needed in future
  2. remind where to buy
  3. keeping product in buyers mind during off seasons
  4. maintaining top of mind product awareness
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5
Q

push messages

A

promoting products to intermediaries. Used by manugacturers

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6
Q

pull communication

A

promoting products to the end consumer. A consumer demands a prroductt and pulls product through the channel

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7
Q

integrated marketing communication tools

A
  1. advertising
  2. public relations
  3. direct marketing
  4. sales promotion
  5. personal selling
  6. sponsorship
  7. social media
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8
Q

advertising as an IMC tool

A

any paid form of non personal communication by an identified sponsor

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9
Q

public relations as an IMC tool

A
  1. building good relations with the comapny’s varius publics by obtaining favourable publicity
  2. press releases
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10
Q

direct marketing as an IMC tool

A

use mass and ttargeted meda to create a direrct response from customers

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11
Q

sales pomotion as an IMC tool

A

direct inducement that offers extrrar value or incentive to the sales force, distbutos or ultimate consumer with the objective of creating immediate sales

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12
Q

personal selling as an IMC tool

A

oral presentation in a conversation with one or more prospective buyers for the purpose of making sales

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13
Q

sponsorship as an IMC tool

A

enhance a companies visibility buy associating it with something the market segment views as positive

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14
Q

aim of communication

A

to move target customers through stages of mere awareness to eventual purchase

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15
Q

awareness

A

being aware that a product exists in the market

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16
Q

knowledge

A

facts or features that you know about a brand

17
Q

preference

A

evaluating this brand in relation to other rbarnds

18
Q

conviction

A

an intent to purchase the poductt

19
Q

7 stage marketing planning proceess

A
  1. adopt marketing philosphy
  2. define business mission
  3. conduct situational analysis
  4. develop marketing objectives
  5. formulate marketing strategy
  6. design marrketing organisation
  7. implament marketing control
20
Q

define business mission step

A

includes basic business products, identification of future directions, establishment of business attittudes