Intro Flashcards

(37 cards)

1
Q

Name, term, design, symbol, or any
other feature that identifies one seller’s
goods & services as distinct from
those other sellers

A

BRAND

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

is a result
— a person’s gut feeling about a
product, service, or company

A

BRAND

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

is your reputation
— It’s in their heads & hearts

A

BRAND

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

is not what
you say it is. It is
what they say it is.

A

BRAND

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Represents full personality of the company

A

BRAND

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Importance of branding

A
  • Bring pride to employee
  • Create a reputable, highly-regarded workplace
  • Strong branding brings in strong employees
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Brand gives business what?

A

Identity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Brand gives the customers what?

A

Relatability and connection

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Brand comes from

A

brandr

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

brandr is from an old

A

norse word

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

norse means to

A

burn

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

slaves were marked out for ownership by

A

iron rods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

use of hand lettered bills, town criers, signs, and symbols to attract customers

A

1200

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

First paper ads in England (1704) and baston newsletter in US. Fist copyright laws passed in England in 1700’s

A

1625

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

“packed goods” packaging and brand names were launched

A

1865

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

first multi-million dollars ad campaign. changing perceptions of marketing and branding

17
Q

culture of need to desire

18
Q

brand faces/ characters. brands started using characters as faces of their brands

19
Q

mass media rules. big appeal of TV and mass media

20
Q

to identify products and property

21
Q

to convey quality and earn trust. build familiarity and allows companies to own logos and names

22
Q

to differentiate products and earn loyalty. uses emotional messaging to brand products and win customers

23
Q

to give the company a personality. begin to market their brands more than their products

24
Q

make more emotional connections

25
Branding challenges
- Adapting technology & new media opportunities - Cross-cultural influences - Shifts in consumer behavior
26
Brands need to pivot and adapt: what is current and available today —bring products and services closer to consumers
Adapting technology & new media opportunities
27
Online shopping: new marketplace that brands need to navigate
Adapting technology & new media opportunities
28
Traditional advertising replaced by social media: demands brands to interact and engage directly with customers
Adapting technology & new media opportunities
29
Brands need to innovate and experiment with technology to remain relevant and still keep close relationship with customers
Adapting technology & new media opportunities
30
Internet connected people across different cultures and countries
Cross-cultural influences
31
Trends are now universal: Beyond geographical borders
Cross-cultural influences
32
Homegrown & local brands: entering international markets
Cross-cultural influences
33
Increasing global consumption & demand
Cross-cultural influences
34
Consumers are more discerning & informed: more “woke”
Shifts in consumer behavior
35
Want brands that are sincere, have values, represent positive beliefs
Shifts in consumer behavior
36
Sustainability & environmental responsibility: important factors for consumers
Shifts in consumer behavior
37
Active support to communities & issues like LGBT equality, racism
Shifts in consumer behavior