Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
37 Cards in this Set
- Front
- Back
advertising
|
any paid form of nonpersonal communication about an organization, good, service, or an idea by a sponsor
|
|
product advertisement
|
tell people what a product is, what it can do, and where it can be found
|
|
3 forms of product advertisement
|
1.pioneering-new product
2.competitive-brand comparison 3.reminder-reinforce knowledge |
|
institutional advertisements
|
build goodwill or an image for an organization rather than to promote specific porduct
|
|
4 forms for institutional ads
|
1.advocacy-advocate position on issue
2.pioneer-what org. is about 3.competitive-category of product 4.reminder-"were still here" |
|
developing advertising program
-4 |
1.indentify the target audience
2.specify advertising objectives 3.advertising budget 4.designing the advertistement |
|
1-common types of appeals
|
1.fear appeals
2.sex appeals 3.humor appeals |
|
selecting the right media, 2 conflicting goals
|
1.maxamizing exposuer
2.minimizing cost |
|
reach
|
number of different people or households exposed to an advertisement
|
|
rating
|
percentage of households in a market that are tuned to a particular tv or radio
|
|
frequency
|
average number of times a person in the target audience is exposed to a message or advertisement
|
|
gross ratings point
|
reach multipled by frequency
|
|
cost per thousand (crm)
|
cost of reaching 1000 individuals or houselholds with message
|
|
television
|
1.creative oppourtunites and flexible
2.wide reach 3.demograpchic selectivity 4.costly |
|
radio
|
1.widespread
2.selective 3.no video 4.short lived |
|
magazines
|
1.high graphic reproduction
2.demograpchic selectivity 3.long life 4.cost high 5.infrequent(monthly) |
|
newspapers
|
1.geogprahic flex and rech potential
2.local medium 3.cost rising 4.declingng leadership 5.competition from online |
|
internet
|
1.good visuals
2.interactivty 3.innovative 4.still evolving |
|
outdoor media
|
1.roadsides/billboards
2.flexible/low cost 3.good reach and frequency |
|
scheduling the advertising
|
1.continuous schedule
2.flighting schedule 3.pulse schedule |
|
continuous schedule
|
seasonal factors are not important--runs steady throughout year
|
|
flighting schedule
|
scheduel b/t periods for seasonal demand
|
|
pulse schedule
|
flighting and continus combined
|
|
consumer oriented sales promotions
|
sales tools used to support a companys advertising and personal selling-->coupons,deals, sweepstakes,contests
|
|
deals
|
short term price reductions--increase trial among potential customers
|
|
premiums
|
merchandise offered for free or significant savings
|
|
contests
|
cusomters using whits...brawny man contest
|
|
sweepstakes
|
winning things by chance
|
|
loyalty programs
|
encourage and rewqard repeat purchases...freguent flyer
|
|
point of purchase displays
|
product displays that hold the product in high traffic areas like aisle
|
|
trade oriented sales promotions
|
support companies advertising to wholesalers, retailers, distributors
|
|
3 common trade oriented sales
|
1.allowances and discounts
2.cooperative advertising 3.training of distributors |
|
allowances and discounts-3
|
1.merchandise allowance-reimbursing retailer for extra in store support(pic in paper)
2.case allowance-discount on each case ordered during time period 3.finance allowance-paying retailers for fiancing costs or losses during promotional period |
|
cooperative advertising
|
manufac pays a percentage or retailers local advertising expense for advertising manufacs products
|
|
training of distributors salesforce
|
making manuals to educate the resellers salesforce
|
|
publicity tools
|
obtaining nonpersonal presentation of org., good, service without direct cost
|
|
4 publicity tools
|
1.new relase-change in product line
2.new conference-media reps invited 3.public service annoucentment-free airtime 4.celebrity spokesmen-high visibility spokesmen for company |