chapter 15 Flashcards
(17 cards)
What is Advertising?
Any paid, non-personal promotion of ideas, goods, or services by an identified sponsor.
what is an advertising objective?
A specific communication task to be accomplished with a specific target audience during a specific period of time
3 steps to Setting Advertising Objectives
Inform → Persuade → Remind
Informative advertising is to
inform about products, features, or
uses and is used heavily when introducing a new product category
Persuasive advertising is to
change perception of product value during growth stages when competition increases
Reminder advertising is to
keep the brand fresh and relevant to
consumer’s minds during the maturity stage
What is the advertising strategy
the company accomplishes it advertising objectives by creating advertising messages and selecting advertising media
Madison & Vine
merge of advertising + entertainment
Consumer-Generated Content
incorporates the voice of the customer into brand messages and generate greater customer engagement.
Reach
a measure of the percentage of people in the target market who are exposed to the ad campaign during a given period of time
Frequency
is a measure of how many times the average person in the target market is exposed to the message.
Impact
is the qualitative value of a message exposure through a given medium.
Engagement
is a measure of things such as ratings, readership, listenership, and click-through rates.
The major steps in advertising media selection are
- Determining reach, frequency, impact, and engagement
- Choosing among major media types
- Selecting specific media vehicles
- Choosing media timing; seasonality, continuity vs pulsing
What is return on advertising investment?
Net Return on advertising investment/ Ad Costs
what do Communication effects do
they indicate whether the ad and media are
communicate the ad message well and if they can be tested before or after
the ad runs
what are sales and profit effects?
compare past sales and profits with past
expenditures or through experiments.