Chapter 12 Flashcards
(33 cards)
Promotion
The coordination of a marketer’s communication efforts to influence attitudes or behavior
Promotion Mix
The major elements of marketer-controlled communication, including advertising, sales promotion, public relations, personal selling, and direct marketing
Promotional Control Continuum
High-Advertising, Sales promotion, personal selling, direct marketing, public relations, word of mouth-low
Multi Channel Promotional Strategy
A marketing communication strategy where they combine traditional advertising, sales promotion, and public relations activities with online buzz-building activities
Integrated Marketing communications
A strategic business process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to targeted audiences
Steps to develop the promotional plan
- Identify the Target Audiences
- Establish the Communications Objectives
- Determine and allocate the marketing communication budget
- Design the promotion mix
- Evaluate the effectiveness of the communication program
Source
“An organization or individual that sends a message
Encoding
The process of translating an idea into a form of communication that will convey meaning
Message
The communication in physical form that goes from a sender to a receiver
Medium
A communication vehicle through which a message is transmitted to a target audience
Decoding
The process by which a receiver assigns meaning to the message.”
Receiver
The organization or individual that intercepts an interprets the message
Noise
Anything that interferes with effective communication
Feedback
Receivers’ reactions to the message
Hierarchy of effect
A series of steps prospective customers move through, from initial awareness of a product to brand loyalty
AIDA Model
The communication goals of attention, interest, desire, and action
One to many model of communication
Mass communication
Advertising
Public relations
Sales promotion
One to one model of communication
Personal communication
Personal selling
Direct marketing
Many to many model of communication
Interactive” communication
Buzz building
Social media
Mass communication
Television, radio, magazines, and newspapers
Advertising
Non-personal communication from an identified sponsor using mass media”
Public relations
A variety of communication activities that seek to create and maintain a positive image of an organization and its products among various publics
Sales Promotion
Incentives that marketers design to build interest in or encourage purchase of a product during a specified period
Personal Selling
The direct interaction between a company representative and a customer that can occur in person, by phone, or even over an interactive computer link