Chapter 10 COMPLETED Flashcards

1
Q

3 types of brand communications (IIA)

A

Brand image communications
Brand information communications
Brand action communications

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2
Q

3 types of promotions businesses can communicate (PG, PG, MP)

A

Promotional giveaways
Promotional gifts
Minimum purchase

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3
Q

Social media marketing metrics

A

Includes but not limited to followers, comments, ratings, likes, clicks, leads generated, buzz, virality, uploads, downloads

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4
Q

Customer response index (CRI)

A

CRI = %exposed * %aware * %comprehend * %wtp * %purchase

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5
Q

Distributed ad frequency strategy

A

Campaign is pushed to customers for certain durations in intervals over a period of time

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6
Q

Concentrated ad frequency strategy

A

Campaign is pushed to customers over an extended duration in one period of time

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7
Q

Pulsing message reinforcement

A

Cost-effective campaign deployment strategy where an ad is pushed in intervals, reinforcing the level of awareness every other interval

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8
Q

Heavy-up message frequency

A

Heavy message reinforcement used leading up to a certain point in time

eg: holiday sales

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9
Q

Pull communications

A

Media ads
Social media
Sales promos
Direct marketing

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10
Q

Push communications

A

Sales incentives
Channel financing
Co-op advertising
Channel marketing

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11
Q

Advertising elasticity

A

%change in sales/%change in ad spend

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12
Q

Advertising carryover effect

A

Short-run advertising has a long-run carryover effect, with an average carryover coefficient of 0.5 every period

eg: Spending $100M on ads leads to 1 impact on sales, next period no spend = 0.5 impact on sales, next period no spend = 0.25 impact on sales, etc

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