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23 Cards in this Set
- Front
- Back
promotional element
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communication tools, including advertising, personal selling, sales promotions, public relations, and direct marketing
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promotional mix
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combo of one or mor of the promotional element items
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promotional elements do what -3
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1.inform prospective buyers about benefits of the product
2.persuade them to try it 3.remind them later about benefits they enjoyed |
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integrated marketing communications IMC
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marketing programs that coordinate all promotional activities
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commuication requirements -6
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1.source
2.message 3.channel of communication 4.reciever 5.encoding 6.decoding |
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source
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company or person who has info. to convey
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channel communication
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message conveyed through salesperson, advertising media
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recievers
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consumers who hear or see the message
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encoding
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process of having the sender transform and idea into a set of symobs
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decoding
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the process of haviing the reciever take a set of symbols and transform back to an idea
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field of experiendce
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both reciever and sender must have similar understanding and knowledge they apply to the message
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feedback loop
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respsonse and feedback
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response
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impact the message had on the recievers knowledge, attitudes, behaviors
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feeback
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senders interpretation of the response and shows wheter it was decoded correctly
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noise
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extraneous factors that can work against effective communication by distorting a message or the feedback recieved
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advertising
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paid, nonpersonal type of communication
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personal selling
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personal commnication b/t a buyer and seller
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public relations
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variety of commuications used to influence customers and vareity of stockholders, employees
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sales promotions
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short term inducements used to motivate product purchases
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direct marketing
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some type of direct communication to generate an order request for info. or visit to a retailer
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integrated marketing communications
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treating all 5 promotional elements and know that they work together and are the same
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push strategy
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directing the promotional mix to channel members to gain their cooperation in ordering and stocking the product
-manufac> wholesaler> retailer> consumer |
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pull strategy
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directing its promotional mix at ultimate consumers to encourage them to ask the retailer for a product
-consumer>retailer>wholesaler>mmanufac |