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29 Cards in this Set

  • Front
  • Back
The integrated marketing communication consists of which five components?
1. Advertising.
2. Sales promotion.
3. Public relations.
4. Personal selling.
5. Direct selling.
What is the AIDA micro model of marketing communication?
Attention => Interest => Desire => Action
What is the consumer readiness stages model?
Awareness => Knowledge => Liking => Preference => Conviction => Purchase
What is the innovation adoption model?
Awareness => Interest => Evaluation => Trial => Adoption
What is the communications model?
Exposure => Recognition => Cognitive Response => Attitudes => Intention => Behavior
What are the five steps of developing an effective communication plan?
1. Identifying target audience.
- Target selection affects what, how, when, where decisions.
2. Determining communication objectives.
- Determines response sought.
3. Designing the message.
- Micro models of marketing communication.
4. Selecting the media.
- Communication channel.
5. Measuring feedback.
- Aware? Satisfied?
Who might a target audience include?
- Potential buyers or current users.
- Deciders or influencers.
- Individuals or groups.
- Particular publics or general publics.
What are the four possible objectives of your communication?
1. Category need.
2. Brand awareness.
3. Brand attitude.
4. Brand purchase intention.
What are three types of appeals or themes you can design?
1. Rational appeals: relates to the audience's self interest.
2. Emotional appeals: stir up negative or positive feelings using humor, pride, joy, or even disgust.
3. Moral appeals: relate to the audience's sense of right versus wrong.
What are the four types of non-personal communication channels?
1. Media (print, broadcast, network).
2. Sales promotions (e.g. samples, coupons, premiums).
3. Events and experiences (e.g. sports, arts, entertainment, games).
4. Public relations.
What are the three types of personal communication?
1. includes face-to-face, phone, mail, and internet chat.
2. Word-of-mouth influence.
3. Buzz marketing to cultivate opinion leaders.
What are three ways to measure the effects of promotion?
1. ROPI (Return on Promotion Investment)
2. Sales / profits
3. Communication per se (field expeiments, neuroscience)
Push strategies include:
- Marketing activities towards channel members.
- The channel members promote the product to final consumers.
- Personal selling, trade promotion.
Pull strategies include:
- Marketing activities toward end users.
- The end user demands the product from channel members.
- Advertising, consumer promotions.
Why are we in an era of push marketing?
- Mass media is less efficient due to increasing amount of information.
- Mass media is less efficient due to increasing diversity in consumer preferences.
- Little meaningful product differences due to increasing competition.
- Growing strength of mega-retailers.
What are the four special effects of advertising?
1. Establish awareness within target market.
2. Influence consumer perceptions.
3. Influence preferences.
4. Influence behaviour.
What are the three objectives of advertising?
1. Inform: new products, new uses, company image, hot "it" works, reduce risk/fears.
2. Persuade: growth products, brand preference, perception of features, change attitudes, buy NOW, brand switching.
3. Reminding: mature products, top of mind, brand equity.
When do you want to...
... inform?
... persuade?
... remind?
Inform: Development, introduction
Persuade: Introduction, growth
Remind: Maturity, decline
Due to concerns about the clutter and resistance of modern media, what new forms are used?
- Product placement.
- Buzz marketing.
- Word of mouth.
What are the two frequencies of advertising?
1. Continuity:
- Schedule ads evenly within a period. Ex. Once a week for one year.
2. Pulsing:
- Scheduling ads unevenly over a given period. Ex. Intense ads during the holidays within a year.
What is bait-and-switch advertising (or pricing)?
- Advertising items that cannot actually be provided.
- 50% sale on new iPhone!.. and then none or few are in stock.
- Draw consumers to a store and make them buy other items that are not on sale.
Examples of public relations include...
- News release (about favourable case histories or positive test results).
- Press tours.
- Special events.
- Public-service activities.
Examples of consumer promotions include...
- Contests, sweeps, games.
- Price packs.
- Premiums.
- Samples.
- Coupons.
Examples of trade promotion include...
- Co-operative advertising.
- Merchandising allowances.
- Free goods or discounts.
What are the four sales force strategies/strucutes?
1. Territorial sales force structure.
2. Product sales force structure.
3. Customer sales force structure.
4. Complex sales force structure.
Careful recruiting and selecting of salespeople can:
- Increase overall sales force performance.
- Reduce turnover.
- Reduce recruiting and training costs.
What are three ways to supervise salespeople?
1. Sales quotas.
2. Sales meetings.
3. Positive incentives.
What are three ways to evaluate sales people?
1. Sales reports.
2. Call reports.
3. Expense reports.
What are the seven steps of the personal selling process?
1. Prospecting and qualifying.
2. Pre-approach.
3. Approach.
4. Presentation and demonstration.
5. Handling objections.
6. Closing.
7. Follow-up.