Edexcel Branding and promotion Flashcards

1
Q

Umbrella brands

A

Brands assigned to more than one brand

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2
Q

Cooperate brand

A

Promoting the brand name rather than product or service

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3
Q

Own label brands

A

Retail services assign branding to a range of goods

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4
Q

Global brands

A

Easily recognised and operating worldwide

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5
Q

Brand extension

A

Uses brand name on products

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6
Q

Brand stretching

A

Brand used for range of products not necessarily connected

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7
Q

Main aims of promotion

A

Aware of existence
Persuade customers over competitors

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8
Q

Use of promotion

A

Increase sales
Attract new customers
Encourage customer loyalty

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9
Q

Promotional mix

A

Specific mix of promotional methods to pursue marketing objectives

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10
Q

Key factors which influence promotional

A

Product life cycle
Advertising

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11
Q

Advertising

A

Paid for communication

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12
Q

Advertising advantages

A

wide coverage
Repetition is effective

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13
Q

Advertising Disadvantges

A

Expensive
impersonal

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14
Q

Advertising examples

A

Tv
Radio

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15
Q

Sales promotion

A

Persuading consumers to buy products

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16
Q

sales promotion examples

A

Free gifts
Coupons

17
Q

Sales promotion advantages

A

Effective to boost sales
Encourages customers to trial products

18
Q

Sales promotion Disadvantges

A

Sale effects are short time
Damage brand image

19
Q

Personal selling

A

Person to person communication

20
Q

personal selling examples

A

Telephones
meetings

21
Q

Personal selling advantages

A

Better customer service
Sell products at high prices

22
Q

Personal selling Disadvantges

A

High costs
Labour insensitive

23
Q

Public relations

A

Create goodwill towards business or product.

24
Q

Public relations example

A

Promoting new products
enhancing brand awareness

25
Q

Public relations advantages

A

Build image and reputation
Communicate effectively with consumers

26
Q

Direct marketing

A

Promotions directed through mail, email, social media

27
Q

Direct marketing advantages

A

Generate a specific response from a group
Easy to adapt

28
Q

Direct marketing Disadvantges

A

response rates vary
expensive

29
Q

Sponsorship

A

A business will sponsor an event, team or individual in order to build brand awareness.

30
Q

Viral marketing

A

Uses social media to create brand awareness or marketing objectives.

31
Q

Emotional branding

A

Companies decide which emotion to target to consumers
This emotion is communicated through external and internal communications.
In order to emotionally bond consumer to brand

32
Q

Emotional branding examples

A

Customer relations
Online contact
Social media engagement

33
Q

Service brands

A

services delivered face to face or online via apps.