9 Flashcards

1
Q

Global advertising may be defined as

A

messages whose art, copy, headlines, photographs, taglines, and other elements that can be adapted worldwide.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Knowledge of …, especially the symbolism associated with … is essential for … … can share important information, about local …

A

cultural diversity

cultural traits,

creating advertising.

Local country managers

customs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

When Selecting an Advertising Agency think about:

A

If the global agency familiar with local culture and buying habits in a particular country or not. Does the candidate agency cover all relevant markets? What kind of brand awareness does the company want to project?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

ELM (Elaboration Likelihood Model) is a

A

Scale with Central Route on one end and Peripheral Route on the other.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Central Route aka

A

High Elaboration (High thought)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Peripheral Route aka

A

Low Elaboration (Low thought)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What makes a source more effective, Under central processing?

A
  • Trustworthiness
  • True Expertise
  • Matching (both product and consumer)
  • Endorsing one product
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What makes a source more effective, Under peripheral processing?

A
  • Attractive & likable sources
  • Trust message if from perceived expert
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Central Route:

A

you haft to make an effort to understand the message.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Peripheral Route:

A

You give an stimulation where you stimulate the persons feelings not the logic e.g. music, hungry etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What to use peripheral or central route? Symbolic consumption vs. Functional consumption?

A

Use each route depending on the purpose of the subject. For the central route think of functionality. For peripheral route think of symbolic value.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A brand community is

A

a concept in marketing and consumer research which postulates that human beings form communities on the basis of attachment to a brand or marque.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Consumers create a … through marketer-produced materials

A

coherent self

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Consumers identity is made-up out of … Together they form one’s …

A

personal identity, social identity, and products.

personal style.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Self congruity is made-up out of one’s …

A

social self and once ideal self

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Reference Groups is? And What types of groups?

A

Groups of People that Influence us. There is aspiration, identity, and dissociative groups.

17
Q

Aspiration groups is? and appropriate marketing strategy is?

A

groups that we admire & desire to be like, but don’t yet belong to.

Admiration strategies - concentrate on highly visible, widely admired figures (athletes or performers)

18
Q

Identity groups aka. associative, or membership groups is? and appropriate marketing strategy is?

A

groups to which we currently belong

Membership strategies - focus on “ordinary” people whose consumption provides informational social influence.

19
Q

Dissociative groups is? and appropriate marketing strategy is?

A

groups we do not belong to and do not want to belong to or emulate.

Avoidance strategies - focus on undesirable people using competitor’s product.

20
Q

Factors to consider for new entrants

A

▪ Economies of scale
▪ Product differentiation
▪ Government policy
▪ Expected competitor response

21
Q

Generic Strategies for Creating Competitive Advantage

A

▪ Cost leadership
▪ Product differentiation