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50 Cards in this Set
- Front
- Back
Functions of Advertising (7 Functions)
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Economic - Facilitating Competition, Funding Mass Media, Creating Jobs
Societal - Transmission of Culture Consumer - Informing Consumers About Products, Persuade Individuals, Creating and Changing Consumer Needs |
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Informing
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Reports Factual Information (Price and Performance)
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Persuading
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Uses consumers' emotions, anxiety, psychological needs and desires to sell the product
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Three Conditions of Causality
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Correlation, Temporal Sequence (seeing ad before purchasing), No Other Explanation
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Advertising as Market Power (5)
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-Affects consumer preferences and tastes
-Consumers become brand loyal and less price sensitive -Potential entrants must overcome established brand loyalty, entry costs are high -Concentrated industry, firms are largely protected by new competitors -Firms can charge more and are not required to compete on price |
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Advertising as Information (6)
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-Informs consumers about product attributes
-Consumers become more price sensitive and only buy "best" value -Encourages competitor entry into the market by informing consumers -Competitive rivalry is increased, efficient firms remain -More informed consumers lead to higher innovation and lower prices -Industry prices are decreased |
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Societal Criticisms (4)
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-Advertising encourages materialism
-Advertising makes people buy products they don't need -Advertising creates and perpetuates negative stereotypes -Advertising finances most major media options |
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Cognitive Response
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The mental action or process of acquiring knowledge and understanding through thought, experiences, and the senses.
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Cognitive Response Measures (4)
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-Awareness/Attention
-Recall and Recognition -Knowledge or Beliefs -Attitude |
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Affective Response
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Consumer's emotions or feelings about a particular brand.
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Affective Response Measures (3)
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-Feelings - "PSA's" illicit emotional response from viewers
-Emotion - Play off emotions. Usually fear, anger, viewers want to take actions -Moods - Affects moods of viewers |
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Behavioral Response
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Observed actions in response to a stimulus.
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Behavioral Response Measures (2)
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-Behavioral Intention - "Do you intend to purchase my service/product?"
-Actual Behavior - Actual measurement of those who purchased service/product. Strong link between intention and actual. |
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Source Factors (4)
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-Targeting through specialty magazines
-Who delivers the ad (spokespeople) -Must be a good fit to the product -Must have expertise |
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Message Argument Factors (2)
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-Strong arguments are more effective than weak arguments
-The more words, the more effective unless viewer doesn't care about the product |
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Message Structure Factors - Primacy
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Viewers tend to remember things said first.
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Message Structure Factors - Recency
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Viewers tend to remember the most recent things said.
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Affective Appeal Factors
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Tend to remember ads that have a negative affect. People avoid brands and products they feel negatively about.
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Economic Model of Effects
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Consumers make decisions that lead to the largest net benefit to them in terms of the exchange resources at issue.
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Utility Maximization
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Best product one can get with the least amount of money.
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Net Benefit
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The benefit received from paying less for a good than the maximum amount that the person is willing to pay for it.
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Criticisms for Economic Model of Effects (4)
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-Does not account for individual level psychologic processes
-Ignores intermediate effects -Ignores delayed effects -Does not include recommendations, brand loyalty, extra income, relevancy, etc. |
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Hierarchy of Effects Models - AIDA
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(Must move through each stage to get to the bottom)
-Attention - If viewers aren't paying attention to the ad they won't have interest -Interest- Have to get viewers interested in the product -Desire- Have to create a desire to purchase -Attitude- Have to motivate people to purchase |
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Hierarchy of Effects Models - DAGMAR
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Defining Advertisings Goals and Measuring Advertising Results
-Awareness - must be aware of product and ad -Comprehension - must comprehend product and ad -Conviction - "this will fulfill my needs and wants" -Action- understanding and interest of product |
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Hierarchy of Effects Models - Foote-Cone-Belding (FCB) Grid
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-High Involvement + Thinking = Informative (Economic) Learn > Feel > Do (Cars, House, Computers)
-High Involvement + Feeling = Affective (Psychological) Feel > Learn > Do (Jewelery, Pets) -Low Involvement + Thinking = Habitual (Responsive) Do > Learn > Feel (Laundry soap, Dishes) -Low Involvement + Feeling = Satisfaction (Social) Do > Feel > Learn (Candy, Alcohol, Cigarettes) |
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Hierarchy of Effects Criticisms (3)
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-Lack of empirical support
-Problematic assumptions - high involvement, passive consumers, advertising as primary source of influence -Overly simplistic |
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Information Processing Models - Cognitive Response Model
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Consumers combine items of information about attributes to reach a decision. They emphasize beliefs as key determinants.
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Information Processing Models - Dual Processing Model
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Consumers will use different processing strategies in different situations
When motivations are high, consumers: process information more systematically, rely more on ad argument strength, rely more on informational components When motivations are low, consumers: process information superficially, rely more on heuristic cues |
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Information Processing Models - Unconscious Processing Model
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Automatic processes that take place outside of our conscious awareness. Our brains notice things happening but dismisses them.
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Mere Exposure Effect
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Even ignored ads can have a later effect on behavioral decision making
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Four Stages of Attention and Processing of an Ad
1)Preattentive Analysis |
Incidental/Accidental exposure to ads. Information acquisition frequently involves very limited cognitive activtiy.
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Feature Analysis
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Processing perceptual features such as contours, brightness, contrast
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Semantic Analysis
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Capturing the meaning of the advertised product. Incidental exposure occurs by matching activation or differential lateral hemispheric activation.
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Differential Lateral Hemispheric Activation
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Ads are more likely to draw attention when the location of the focal ad can make use of the mobilized attention resources that are left unused.
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Hedonic Fluency
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The subjective ease with which stimuli are perceived and processed.
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Four Stages of Attention and Processing of an Ad
2) Focal Attention |
After an ad is noticed, it may be brought to conscious awareness. At this level ad messages are identified and categorized. Influenced by consumer motivation, involvement, and personality characteristics.
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Message Salience
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Extent to which ad message features contrast with the envionment
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Vividness
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Extent to which ad messages are emotionally interesting, concrete, and image provoking
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Novelty
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Extent to which information in advertising disconfirms existing consumer expectancies
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Categorization
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Process by which incoming information is classified as belonging to some category.
-Assimilation and Contrast -Impression formation and impression conrrection |
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Four Stages of Attention and Processing of an Ad
3) Comprehension |
Process of forming inferences pertaining to the semantic meaning of an ad
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Cognitive Dissonance
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the presence of incongruent relations among cognitions that frequently results in mental discomfort.
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Truth Effect
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It's easy to accept information in an ad rather than argue against it
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Sleeper Effect
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Repeatedly saying information in an ad is false despite the information repitition
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Four Stages of Attention and Processing of an Ad
4) Elaborative Reasoning |
The process by which the semantically represented ad message is actively related to previously stored consumer knowledge. Influenced by personality, quality of message argument, and involvement
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Encoding
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The processes involved in getting the information into the system by transforming an external stimulus into an internal representation which allows us to retain it in the cognitive system.
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Storage
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Involves information retention over time. Can be short term or long term.
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Retrieval
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The processes that allow us to find the information in our memory from long-term.
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Atkinson and Shiffrin's model of Three Memory Components
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-Sensory Memory - very brief
-Working or Short-term Memory - thinking, problem solving -Permanent or Long-term Memory - information is encoded semantically |
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Levels of Processing
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Items are remembered better the more we pay attention to them and the more deeply they are processed.
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