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;
44 Cards in this Set
- Front
- Back
Advertising
|
non-personal communication paid for by an identified sponsor using mass media to persuade or inform
|
|
Analysts estimate that advertising spent
|
$271 billion in 2005 on advertising
|
|
Personal digital video recorders (DVR’s) that let people skip through commercials are now roughly
|
2% of US household, but DVR’s are expected to penetrate US households quickly
|
|
***NOTE: US ad spending will be
|
about $400 billion in 2015!
|
|
***NOTE: Grey’s Anatomy
|
is the most “ad-zapped” show on TV!
|
|
Full-Service Agency
|
an agency that provides most or all of the services needs to mount a campaign, including research, creation and copy of art, media selection, and production of the final messages.
***NOTE: “IMC coordinator” is NOT one of these! |
|
Account management
|
the account manager/executive is the “soul” of the operation (ie. responsible for strategy and day to day operations)
|
|
Creative Services
|
the “heart” of the communication effort (i.e. responsible for dreaming up the appeal and message and breather life into the message)
|
|
Research and Marketing Services
|
the “brains” of the campaign (i.e. develop information an decision making)
|
|
Media planning
|
the media planner the “legs” of the campaign (i.e. pick the best communication vehicles, plan timing and message delivery)
|
|
Developing the ad campaign
|
Identify the Target Audiences --> Establish message and budget objectives --> Design the ads --> Pretest what the ads say --> Choose the media and media schedule --> Evaluate the advertising
|
|
***P&G’s advertising expenditures were
|
$8.5 billion last year
|
|
Newspapers (Local) Ad spending
|
increased 1.1% from 2004-2005, 24.8 million to 25.09 million
|
|
Creative strategy
|
the process that turns a concept into an advertisement
|
|
Advertising Appeal
|
the central idea or theme of an ad message
|
|
Unique Selling Proposition (USP)
|
an ad appeal that focuses on one clear reason why a particular product is superior.
|
|
Comparative advertising appeal
|
a comparative ad explicitly names one or more competitors
They can be very effective, but run the risk of offending other companies Work best for brands that have smaller market share and for those firms that can focus on a specific feature that makes them superior to the major brand |
|
Testimonial appeal
|
using a celebrity, an expert, or a ‘man on the street’ to support a product’s effectiveness. It is particularly useful for mature products that need to differentiate them from other competitors
(i.e. Pepsi vs. Coke) |
|
Copy Testing
|
a marketing research method that seeks to measure the effectiveness of ads by determining whether consumer are receiving, comprehending and responding to the ad according to the plan.
|
|
Aperture
|
the best place and time to reach a person in he target market group
|
|
Online advertising advantages
|
i. Provides new ways to finely target customers (based largely on the use of cookies)
ii. We can measure web BEHAVIORS via clicks iii. Online advertising can be interactive. iv. Make more sophisticated arguments via web pages v. Merge promotional strategy with internet-based self-service strategies vi. ***NOTE: The ability to better protect people’s privacy is NOT one of these! vii. ***NOTE: Online Advertising revenues – 2006, $16.8 billion |
|
All age groups have
|
similar attitudes towards the internet.
|
|
Age Groups would turn to
|
the internet for Information
|
|
Internet media rates highly in
|
head-to-head comparison with offline media
|
|
Media schedule
|
the plant that specifies the exact media to use and when
|
|
Advertising exposure
|
the degree to which the target market will see an ad message placed in a specific vehicle
|
|
Impressions
|
the number of people who will be exposed to the message placed in one or more media vehicles
|
|
Reach
|
the % of the target market that will be exposed to the media vehicle
|
|
Frequency
|
the number of times a person in the target group will be exposed to the message. NOTE: Generally consider “3” to be the magic number
|
|
Gross rating points (GRP)
|
a measure used for comparing the effectiveness of different media vehicles
(Average reach x frequency) |
|
Cost per thousand
|
a measure used to compare the relative cost-effectiveness of different media vehicles that have different exposure rates; the cost to deliver a message to 1,000 people or homes.
|
|
Post-testing
|
research conducted on consumers’ responses to actual ad messages they have seen or heard
|
|
Unaided Recall
|
a research technique conducted by telephone survey or personal interview that ask whether a person remembers seeing an ad during a specific time period
|
|
Aided Recall
|
a research techniques that uses clues to prompt answers from people about ads they might have seen
|
|
Attitudinal Measures
|
a research technique that probes a consumer’s beliefs or feeling about a product before and after being exposed to messages about it
|
|
Stickiness
|
= (frequency x duration x reach)
|
|
Sales promotion
|
is about short-term brand switching!
|
|
Frequency programs
|
customer sales promotion programs that offer discount or free product for multiple purchases over time
A.K.A. Loyalty or Continuity Programs |
|
Marketers offer additional
|
$37 billion in coupon savings in 2005
|
|
Attention Getting Customer Promotions:
|
o Contests and Sweepstakes
o Premiums – items offered free to those people who have purchased the product o Sampling – distributing free trial-size versions of a product to consumers o Point-of-purchase promotion – in-store displays or signs o Product/brand placements – placing products within the content of tv shows or movies. Advergaming is brand placement in video games o Cross-promotion (cooperative advertising) – two or more products combine forces to create interest using a single promotional tool. |
|
Planning a PR campaign
|
involves a three-step process of developing objectives, executing, and evaluating.
|
|
Planning a PR campaign should include:
|
1. A statement of objectives
2. A situation analysis 3. Specification of targeted publics, messages to be communicated, and specific program elements to be used 4. A timetable and budget 5. Discussion of how the program will be evaluated ***NOTE: “Contingency Plan” is NOT one of these! |
|
The basic measurement in PR
|
= the measurement of print and broadcast coverage generated by PR activities
|
|
Sponsorships
|
PR activities though which companies provide financial support to help fund an event in return for publicized recognition on the company’s contribution.
|