Chapter 14 Flashcards

1
Q

integrated marketing communications

A

involves carefully integrating and coordinating company’s many communications channels to deliver clear, consistent, and compelling messages abotu organization and its products using promotional tools.

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2
Q

promotional tools

A

advertising, personal selling, sales promotion, PR, direct and digital marketing

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3
Q

advertising

A

can reach masses of geographcally dispersed buyers at low cost per exposure, enables seller to repeat message many times.

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4
Q

personal selling

A

most effective method at certain stages of buying process, particularly in building buyser’ preferences, convictions, actions, and developing customer relationships.

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5
Q

sales promotion

A

includes coupons, contests, cents-off deals, and premiums attracting consumer attention and offering strong incentives to purchase.

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6
Q

PR

A

very believable form of promotion including news stories, features, sponsorships, and events.

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7
Q

direct and digital marketing

A

immediate, customized, and interactive promotional tool including direct mail, catalogs, telephone marketing, online, mobile, and social media.

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8
Q

developing effective marketing communications

A

identify target audience (what how when where who will say)

determine communication objectives

design message with AIDA model (get Attention, hold Interest, arouse Desire, obtain Action)

choose media to send message

select message source and collect feedback

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9
Q

message content (what to say)

A

rational appeal (audience self interest)

emotional appeal (stir up emotion to motivate purchase)

moral appeal (audience sense of right and proper)

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10
Q

buyer readiness stages

A

awareness
knowledge
liking
preferences
conviction
purchase

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11
Q

personal communications

A

2 or more ppl. communcating directly with each other (face to face, phone, mail/email, texting/internet chat).

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12
Q

opinion leaders

A

people whose opinions sought by others

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13
Q

buzz marketing

A

invovles cultivating opinion leaders, getting them to spread info. about product/service to others.

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14
Q

nonpersonal communication channels

A

media carrying messages without personal contact or feedback (major media, atmospheres, events)

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15
Q

selecting message source

A

message impact depends on how target audience views communicators

celebrities (star power index - credibility vs attractiveness, brand match index - does celeb. match brand)

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16
Q

collecting feedback

A

communicator understanding effect on target audience by measuring behavior resulting from content

17
Q

setting promotional buget

A

affordable method - set at level company can afford

percentage of sales method - set at percent of current/predicted sales or percent of unit sales price

competitive parity method - set to match competition

objective and task method - set by specific promotion objectives and costs of tasks needed to achieve them.

18
Q

integrating promotional mix

A

imc concept suggests company must blend promotional tools carefuly into coordinated promotion mix and take step to see each element smoothly integrated to carry firms unique brand messages and selling points.

19
Q

advertising and sales promotion

A

communicate openly and honestly with consumers and resellers

avoid deceptive/false advertising

avoid bait and switch advertising

conform to all federal state and local regulations

20
Q

personal selling

A

follow rules of fair competition

dont offer bribes

dont attempt to obtain competition’s trade secrets

dont disparage competitors or their products