Chapter 15 Flashcards

1
Q

promotion

A

communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response

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2
Q

promotional strategy

A

a plan for the optimal use of the elements of promotion: advertising, public relations, personal selling, sales promotion, and social media

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3
Q

competitive advantage

A

one or more unique aspects of an organization that cause target consumers to patronize that firm rather than competitors

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4
Q

communication

A

the process by which we exchange or share meaning through a common set of symbols

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5
Q

interpersonal communication

A

direct, face to face communication between two or more people

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6
Q

mass communication

A

the communication of a concept or message to large audiences

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7
Q

sender

A

the originator of the message in the communication process

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8
Q

encoding

A

the conversion of a senders ideas thoughts into a message, usually in the form of words or signs

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9
Q

channel

A

a medium of communication-such as voice, radio, or newspaper-for transmitting a message

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10
Q

noise

A

anything that interferes with, distorts, or slows down the transmission of information

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11
Q

receiver

A

the person who decodes a message

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12
Q

decoding

A

interpretation of the language and symbols sent by the source through a channel

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13
Q

feedback

A

the receivers response to a message

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14
Q

promotional mix

A

combination of promotional tools, including advertising, public relations, personal selling, sales promotion, and social media. used to reach the target market and fulfill the organizations overall goals

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15
Q

advertising

A

impersonal, one way mass communication about a product or organization that is paid for by a marketer

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16
Q

public relations

A

the marketing function that evaluates public attitudes, identifies areas within the organization the public may be interested in, and executes a program of action to earn public understanding and acceptance

17
Q

publicity

A

public information about a company, product, service, or issue appearing in the mass media a news item.

18
Q

sales promotion

A

marketing activities; other than personal selling, advertising, and public relations-that stimulate consumer buying and dealer effectiveness

19
Q

personal selling

A

a purchase situation involving a personal, paid for communication between two people in an attempt to influence each other

20
Q

paid media

A

category of promotional tactic based on the traditional advertising model, whereby a bran pays for media space

21
Q

earned media

A

a category of promotional tactic based on a public relations or publicity model that gets customers talking about products or services

22
Q

owned media

A

new category of promotional tactic based on brands becoming publishers of their own content in order to maximize the bran’s value to customers

23
Q

AIDA concept

A

a model that outlines the process for achieving promotional goals in terms of stages of consumer involvement with the message; the acronym stands for attention, interest, desire, and action

24
Q

integrated marketing communications (IMC)

A

the careful coordination of all promotional messages for a product or a service to ensure the consistency of messages at every contact point at which a company meets the consumer

25
Q

push strategy

A

marketing strategy that uses aggressive personal selling and trade advertising to convince a wholesaler or a retailer to carry and sell particular merchandise

26
Q

pull strategy

A

marketing strategy that stimulates consumer demand to obtain product distribution