• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/76

Click to flip

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;

76 Cards in this Set

  • Front
  • Back
Promotion
Communicating information between seller and potential buyer or others in the channel to influence attitudes and behavior.
personal selling
Direct spoken communication between sellers and potential customers, usually in person but sometimes over the telephone or even via a video conference over the internet.
mass selling
communicating with large numbers of potential customers at the sames time
advertising
Any paid form of non personal presentation of ideas, goods, or services by an identifies sponsor.
publicity
Any unpaid form of non-personal presentation of ideas, goods, or services.
sales promotion
Those promotion activities-other than advertising, publicity, and personal selling-that stimulate interest, trial, or purchase by final customers or others in the channel.
sales managers
Managers concerned with managing personal selling.
public relations
Communication with non customers- including labor, public interest groups, stockholders, and the government.
sales promotion managers
Managers of their company's sales promotion effort.
integrated marketing communications
The intentional coordination of every communication from a firm to target customer to convey a consistent and complete message.
AIDA Model
Consists of four promotion jobs: 1) to get attention 2)to hold interest 3) to arouse desire 4) to obtain action
Communication process
A source trying to reach a receiver with a message.
source
The sender of a message.
receiver
The target of a message in the communication process, usually a potential customer.
noise
Any distraction what reduces the effectiveness of the communication process.
encoding
The source in the communication process deciding what it wants to say and translating it into words or symbols that will have the same meaning to the receiver.
decoding
The receiver in the communication process translating the message.
message channel
The carrier of the message.
pushing
Using normal promotion effort-personal selling, advertising, and sales promotion-to help sell the whole marketing mix to possible channel members.
pulling
Using promotion to get consumer to ask middlemen for the product.
Adoption Curve
Shows when different groups accept ideas.
innovators
The development and spread of new ideas, goods, and services.
early majority
A group in the adoption curve that avoids risk and waits to consider a new idea until many early adopters try it and like it.
late majority
A group of adopters who are cautious about new ideas.
laggards
Prefer to do things the way they have been done in the past and are very suspicious of new ideas; sometimes called non adopters.
non adopters
Prefer to do things the way they have been done in the past and are very suspicious of new ideas; sometimes called laggards.
primary demand
Demand for the general product idea, not just the company's own brand.
selective demand
Demand for a company's own brand rather than a product category.
task method
An approach to developing a budget-basing the budget on the job to be done.
basic sales tasks
Order getting, order taking, and supporting.
Order getters
Salespeople concerned with establishing relationships with new customers and developing new business.
order-getting
Seeking possible buyers with a well-organized sales presentation designed to sell a good, service, or idea.
order takers
Salespeople who sell to regular or established customers, complete most sales transactions, and maintain relationships with their customers.
order-taking
The routine completion of sales made regularly to target customers.
supporting salespeople
Salespeople who help the order-oriented salespeople but don't try to get orders themselves.
missionary salespeople
Supporting salespeople who work for producers by calling on their middlemen and their customers.
technical specialists
Supporting salespeople who provide technical assistance to order-oriented salespeople.
customer service reps
Supporting salespeople who work with customers to resolve problems that arise with a purchase, usually after the purchase has been made.
team selling
Different sales reps working together on a specific account.
major accounts sales staff
Salespeople who sell directly to large accounts such as major retail chain stores.
telemarketing
Using the telephone tot call on customers or prospects.
sales territory
A geographic area that is the responsibility of one salesperson or several working together.
job description
A written statement of what a salesperson is expected to do.
sales quota
The specific sales or profit objective a salesperson is expected to achieve.
prospecting
Following all the leads in the target market to identify potential customers.
sales presentation
A salesperson's effort to make a sale or address a customer's problem.
close
The salesperson's request for an order.
consultative selling approach
A type of sales presentation in which the salesperson develops a good understanding of the individual customer's needs before trying to close the sale.
selling formula approach
A sales presentation that starts with a prepared presentation outline-much like the prepared approach-and leads the customer through some logical steps to a final close.
Product advertising
Advertising that tries to sell a specific product.
institutional adverting
Advertising that tries to promote an organization's image, reputation, or ideas rather than a specific product.
pioneering advertising
Advertising that tries to develop primary demand for a product category rather than demand for a specific brand.
competitive advertising
Advertising that tries to develop selective demand for a specific brand rather than a product category.
direct type advertising
Competitive advertising that aims for immediate buying action.
indirect type advertising
Competitive advertising that points out product advantages--to affect future buying decisions.
comparative advertising
Advertising that makes specific brand comparisons using actual product names.
reminder advertising
Advertising to keep the product's name before the public.
advertising allowances
Price reductions to firms in the channel to encourage them to advertise or otherwise promote the firm's products locally.
cooperative advertising
Middlemen and producers sharing in the cost of ads.
copy thrust
What the words and illustrations of an ad should communicate.
advertising agencies
Specialists in planning and handling mass-selling details for advertisers.
corrective advertising
Ads to correct deceptive advertising.
control
The feedback process that helps the marking manager learn 1) how ongoing plans and implementation are working and 2) how to plan for the future.
total quality management(TQM)
A management approach in which everyone in the organization is concerned about quality, throughout all of the firm's activities, to better serve customer needs.
continuous improvement
A commitment to constantly make things better one stop at a time.
Pareto chart
A graph that shows the number of times a problem cause occurs, with problem causes ordered from most frequent to least frequent.
fishbone diagram
A visual aid that helps organize cause and effect relationships for "things gone wrong"
empowerment
Giving employees the authority to correct a problem without first checking with management.
benchmarking
Picking a basis of comparison for evaluating how well a job is being done.
sales analysis
A detailed breakdown of a company's sales records.
performance analysis
Analysis that looks for exceptions or variations from planned performance.
performance index
A number that shows the relation of one value to another.
iceberg principle
Much good information is hidden in summary data.
full-cost approach
All costs are allocated to products, customers, or other categories.
contribution-margin approach
A cost analysis approach in which all costs are not allocated in all situations.
marketing audit
A systematic, critical, and unbiased review and appraisal of the basic objectives and policies of the marketing function and of the organization, methods, procedures, and people employed to implement the policies.