Marketing Programs + IMC Flashcards

1
Q

Criteria for IMC:

A

Coverage
Contribution
Commonality
Complementarity
Conformability
Cost

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2
Q

Brand amplifiers

A

efforts made to engage consumer and public via word-of-mouth and public relations and publicity

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3
Q

What do brand managers decide?

A

objective of the communications and what the brand values / brand narrative should be

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4
Q

What’s in a promotional mix?

A

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

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5
Q

Advantages of Promotion

A
  • Permit manufacturers to charge different prices to groups of consumers
    who vary in price sensitivity
  • Convey sense of urgency to consumers
  • build brand equity through actual product experience
  • Encourage the trade to maintain full stocks and support the
    manufacturer’s merchandising efforts
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6
Q

Disadvantages of Promotion

A
  • Decreased brand loyalty and increased brand switching
  • Decreased quality perceptions and increased price sensitivity
  • Inhibit use of franchise
  • Divert marketing funds sales promotion
  • Increase the importance of price as a factor in consumer decisions
  • May subsidize buyers who would have bought the brand anyway
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7
Q

Steps for Persuasion by Any Form of Communication

A
  1. Exposure
  2. Attention
  3. Comprehension
  4. Yielding
  5. Intention
  6. Behaviour
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8
Q

core (simplified) challenges in designing brand-building communications

A

correct positioning
strong associations
motivating to purchase

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9
Q

Advantages of Multiple communications

A
  • Optimal utilization of monetary and other resources
  • Different communication options also may target different market
    segments
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10
Q

IMC Choice Criteria

A
  • Evaluating communication options
  • Establishing priorities and trade-offs
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