Topic 9 & 10 Flashcards

(11 cards)

1
Q

The design mix

A

Function -> products/services must be fit for purpose, reliable and durable
Aesthetics -> visual and sensory appeal of products/services
Cost -> product must be affordable to produce while maintaining quality and profit margins

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2
Q

Impact of social trends on design

A
  1. Designing for resource depletion -> using less energy-intensive processes and more durable materials
  2. Design for waste minimisation -> using recycled or recyclable materials
  3. Ethical sourcing -> ensuring fair trade and humane working conditions
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3
Q

Benefits of adopting social trends

A

. Reduces waste = lowers production costs
. Appeals to environmentally conscious consumers, boosting demand
. Positive corporate image leads to higher sales

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4
Q

Purposes of promotion

A

. Inform potential customers
. Reinforce brand image
. Persuade customers
. Build long-term loyalty with customers

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5
Q

Above-the-line promotion main channels

A

. Televisión advertising
Advantages: high reach, visual impact and ability to demonstrate product use
Disadvantages: very expensive, may not specifically target niche audiences
. Internet advertising
-> growing rapidly due to increasing digital consumption
-> allows targeted ads based on user data

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6
Q

Types of ATL promotion

A
  1. Informative advertising
  2. Persuasive advertising
  3. Reassuring advertisement
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7
Q

Examples of below-the-line promotion

A
  1. Sales promotion -> to encourage repeat purchases and reward customer loyalty eg. “Buy One Get One Free”
  2. Public relations -> press releases, sponsorships
  3. Direct marketing -> personalised emails, flyers or phone calls to potential customers
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8
Q

Types of brands

A

. Manufacturer brands -> created and controlled by producer
. Own-label brands -> exclusive to retailers and often more affordable
. Generic brands -> basic, unbranded products that focus on low cost rather than differentiation

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9
Q

Benefits of strong branding

A
  1. Added value
  2. Ability to charge premium pricing
  3. Reduced price elasticity
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10
Q

How to build a brand

A
  1. Unique selling point (USP)
  2. Advertising
  3. Sponsorship
  4. Social media
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11
Q

Adapting branding and promotion to social trends

A
  1. Viral marketing -> encourages customers to share content
  2. Social media -> enables business to engage with specific demographics and create tailored campaigns
  3. Emotional branding -> appeals to consumer emotions
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