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21 Cards in this Set

  • Front
  • Back
What is the goal of integrated marketing communications (IMC)?
to coordinate all promotional activities to provide a consistent message across all audiences.
What are the 6 elements of communication?
1.) A source
2.) A message
3.) A channel of communication
4.) A recever
5.) The process of encoding
6.) The process of decoding
What must the sender and receiver share in order for the message to be communicated effectively?
A field of experience which is a similar understanding and knowledge.
What are the 5 promotional alternatives?
1.) Advertising
2.) Personal Selling
3.) Public Relations
4.) Sales Promotion
5.) Direct Marketing
Which 2 of the 5 promotional activities have customized messages?
1.) Personal Selling
2.) Direct Marketing
What are the 7 things that advertising could be trying to promote?
1.) The product
2.) Pioneering
3.) Competitive
4.) Comparative
5.) Reminder
6.) Institutional
7.) Advocacy
Advertising to create demand for a product or service.
Product
Advertising to create a primary demand for a product class.
Pioneering
Advertising that stresses the specific brand's features and benefits.
Competitive
Advertising to show the benefits of a brand over another.
Comparative
Advertising to reinforce previous knowledge of a product.
Reminder
Advertising to promote a company.
Institutional
Advertising to promote a certain cause.
Advocacy
What are the 6 emotions that advertising my appeal to?
1.) Rational
2.) Emotional
3.) Fear
4.) Sex
5.) Humor
6.) Moral
What is the promotional objective at the INTRODUCTION phase of the Product Life Cycle?
To inform
What is the promotional objective at the GROWTH stage of the Product Life Cycle?
To persuade
What is the promotional objective at the MATURITY stage of the Product Life Cycle?
To remind
What are the 3 types of people that SALES PROMOTION can target?
1.) End consumers
2.) Middlemen
3.) Sales force
What are the 4 different ways to determine promotional budgets?
1.) Percentage of sales
2.) Competitive parity
3.) All you can afford
4.) Objective and task
How does competitive parity determine budgeting levels?
It bases it off the competition's spending.
In "all you can afford" budgeting, what must you do before spending money on advertising?
The company must pay for all other budget items first.