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25 Cards in this Set

  • Front
  • Back
Product Advertising-types-Primary
"got milk"
Product Advertising-types-Brand
Pioneering-trying to make people aware of new product.
Competitive-trying to get a sale: direct and indirect.
Reminder
Types of Advertising
Product
Institutional-the company rather than one specific product. EG banks.
Advocacy-Stop smoking.
Comparative-between your product and a competitors.
Objectives of Advertising: List of 7
1. Awareness of new products.
2. Positioning.
3. Obtain distribution-wholesalers and retailers.
4. Prepare for personal selling effort.
5. On going contract.
6. Gain immediate action.
7. Help confirm purchases and maintain relationship.
Ad Allowances
Producer gives an intermediary or retailer a reduction in price for advertising their product.
Cooperative Advertising
Produce and retailer share the cost of advertising.
Ad Council
Nonprofit organization that produces public service announcements.
Ad Messages
Fear
Agony
Humor
Sex
Abrasive
Story line/slice of life
Demonstration
Comparative
Media selection factors
Promotional objectives
Target market
Available funds
Nature of the media: reach, frequency, gross rating points, Impact,cost per thousand.
Fit with the rest of the marketing mix
Media selection factors-Nature of the media.
Reach-% of a market that is exposed to ad.
Frequency-average number of exposures.
Gross Rating Points-Reach * Frequency.
Impact-people remember them.
Cost per thousand-cost of reaching 1000 people in your target market.
Television-Pro
Impact-high
Mass coverage-can reach a lot of people
Prestige
Target-by channel, but obsolete on cable channels.
Television-Con
Cost-high
High Mortality
Fragmented- lots of channels
Newspapers-Pro
Flexible-easy to change an ad.
Cost-cheep
Intensive local coverage
Newspapers-Con
Loss of prestige and circulation-used to be good but not any more.
High mortality
Poor reproduction quality
Unable to target
Fragmented-lots of small town newspapers.
Radio-Pros
Cost
Flexible and repetitive
Targeted
Captive audience
Radio-Cons
Fragmented
High mortality
Image
No visual
Magazines-Pros
Targeted
High quality reproduction
Long life
Multiple readers
Magazines-Cons
Lack of Flexibility
Circulation declines
Fragmented-so many types of magazines
Outdoor-Pros
Frequency
24 hour ad
Captive audience
Cost
Outdoor-Cons
Brevity
High Mortality
Public Distaste
Inability to Target
Direct mail-Pros
Target
Intensive coverage
Flexibility
Few Distractions
Hidden from competition
Direct Mail-Cons
High cost per contact
Quality of mailing list
Public distaste
High mortality
Internet-Pros
Targeted-message type
Involvement-message length
Internet-Cons
Small audience
Effectiveness?
High Mortality?
Sales promotions
Directed to consumers, channel members, or employees.
Spending is increasing.
Cross promotion.