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21 Cards in this Set
- Front
- Back
- 3rd side (hint)
specific blend of promotion tools that company uses to persuasively communicate customer value and build customer relationships
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promotion mix
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any paid form of nonperosnal presentation and promotion of ideas, good, or services by an identified sponsor
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advertising
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short-term incentives to encourage the purchase or sale of a produce or service
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sales promotion
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personal presentation by the firm's sales force for the purpose of making sales and building customer relationships
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personal selling
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building good relations with the company's various publics by obtaining favorable publicity, building up good corporate image, and handling or heading off unfavorable rumors, stories, and events
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public relations
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direct connections with carefully targeted invidividual consumers to both obtain an immediate response and cultivate lasting customer relationships
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direct marketing
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carefully integrating and coordinating the company's many communications channels to deliver a clear, consistent, and compelling message about the organization and its products
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integrated marketing communications (IMC)
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the producer promotes the product to channel members who in turn promote it to final consumers
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push strategy
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promotion strategy that calls for spending a lot on advertising and consumer promotion to induce final consumers to buy the product, creating a demand vacuum that "pulls" the product through the channel
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pull strategy
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八
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Kun: やっ
On: ハチ; ハッ |
Eight
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the dollars and other resources allocated to a produce or company advertising program
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advertising budget
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setting the promotion budget at the level management think the company can afford
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affordable method
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setting the promotion budget at a certain percentage of current or forecasted sales or as a percentage of the unit sales price
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percentage-of-sales method
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setting the promotion budget to match competitors' outlays
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competitive-parity method
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developing the promotion budget by
1. defining specific objectives 2. determining the tasks that must be performed to achieve these objectives 3. estimating the costs of performing these tasks = proposed promotion budget |
objective-and-task method
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strategy by which the company accomplishes its advertising objectives
1. creating advertising messages 2. selecting advertising media |
advertising strategy
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the compelling "big idea" that will bring the advertising message strategy to life in a distinctive and memorable way
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creative concept
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the approach, style, tone, words, and format used for executing an advertising message
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execution style
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vehicles through which advertising messages are delivered to their intended audiences
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advertising media
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the net return on advertising investment divided by the costs of the advertising investment
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return on advertising investment
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marketing services firm that assists companies in planning, preparing, implementing, and evaluating all or portions of their advertising programs
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advertising agency
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