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9 Cards in this Set
- Front
- Back
• Promotion
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communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response
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• Promotion strategy:
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a plan for the optimal use of the elements of promotion: advertising, public relations, personal selling, and sales promotion
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• Competitive advantage
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one or more unique aspects of an organization that cause target consumers to patronize that firm rather than competitors.
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• Promotional mix
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the combination of promotional tools- including advertising, public relations, personal selling, and sales promotion – used to reach the target market and fulfill the organization’s overall goals.
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• Advertising
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impersonal, one-way mass communication about a product or organization that is paid for by a marketer.
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• Public relations
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the marketing function that evaluates public attitudes, identifies areas within the organization the public may be interested in, and executes a program of action to earn public understanding and acceptance.
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• Publicity
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public information about a company, good, or service appearing in the mass media as a news item.
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• Sales promotion
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marketing activities- other than personal selling, advertising, and public relations- that stimulate consumer buying and dealer effectiveness.
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• Personal selling
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a purchase situation in which two people communicate in an attempt to influence each other.
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