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18 Cards in this Set

  • Front
  • Back
What are the forms of Outdoor Advertising?
1) Poster (AKA Billboard)
2) Electronic signs
3) Street-level (Mall posters, wall banners)
4) Transit (Interior/Exterior)
Advantages of Outdoor Advertising include....
(Note: I put all of the ones from the PowerPoint here, but I highly doubt she'll quiz us on all of them)
Target reach and frequency
Geographic flexibility
Size/quality of message
Compatibility with other media
Creating product awareness
Cost (CPM)
Continuous exposure
Reach and frequency
Flexibility
Market coverage
Disadvantages of Outdoor Advertising include....
(Note: I put all of the ones from the PowerPoint here, but I highly doubt she'll quiz us on all of them)
Creative limitations
Lack of target market selectivity
Lack of prestige
Unobtrusive medium
Lack of target market selectivity
Media environment
Creative limitation
What are the forms of Direct Response Advertising?
1) Television (AKA Infomercials)
2) Telemarketing
3) Direct Response Mail
Describe the two forms of Direct Mail lists...
1) Internal (created from people who already subscribe to the product's mailing list)
2) External -Circulation, Response or Compiled
Advantages of Direct Mail include....
(Note: I put all of the ones from the PowerPoint here, but I highly doubt she'll quiz us on all of them)
High reach
Geographic flexibility
Creative flexibility
Advertiser control
Exclusivity
Measurability
Disadvantages of Direct Mail include....
(Note: I put all of the ones from the PowerPoint here, but I highly doubt she'll quiz us on all of them)
High cost per exposure
Absence of editorial support
Image & life span
Potential delivery delays
What are the 4 steps to the Communication process?
Awareness, Comprehension, Conviction, Action (ACCA)
What are the levels of Maslow's Hierachy?
(lowest to highest) Basic needs, Security needs, Social needs, Esteem needs, Self-Actualization needs
What are the 4 selves in the theory of self-concept?
1) Real self - You as you really are
2) Self-image - How you see yourself
3) Mirror self - How you think others see you
4) Ideal self - How you would like to be
What is a Target Market?
A specific group of individuals at whom your message is directed.
How do you do Target Marketing?
1) identify the target market
2) Select the segments that offer the most potential
3) Position the product so that it appeals to the desired target audience
Describe Branding and Positioning...
Branding - The place the product occupies in the mind of the consumer

Positioning - Matching the product with the needs of the target market
What are the types of positioning?
1) Head-on - One brand is presented as equal/better than it's competition
2) Brand dominance - The market leader designs messages that state it is the preferred product of the consumers
3) Product Differentiation - Focusing on the unique aspects of the product
4) Technical innovation - More for the company as a whole, showing how it is on the "leading edge of technology"
5) Lifestyle - The product is deisned the match the lifestyle of the user
Describe repositioning?
Changing the place the product occupies in the mind of the consumer, usually done when the direct competitior repositions, or the target market's preferences change
Geographic Segmentation is...
The division of an expansive geographic market into smaller units (ex. Canada into BC, Prairies, Ontario...etc)
This can further be divided into urban, suburban and rural households
Demographic segmentation is...
Age, gender, income, occupation, culture, etc.
The 3 variables of Income, Occupation and Education maintain a close relationship
Psychographic segmentation is...
Examining an individual in terms of Activites, Interests and Opinions.