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MKTG 305
Chapter 18 - Advertising, Sales Promotion, and Public Relations
| Term | Definition |
|---|---|
| Advertising | any paid form of nonpersonal communication about an organization, good, service, or idea by an identified sponsor |
| Consumer-Oriented Sales Promotions | sales tools used to support a company's advertising and personal selling directed to ultimate consumers (also called consumer promotions) |
| Cooperative Advertising | advertising programs by which a manufacturer pays a percentage of the retailer's local advertising expense for advertising the manufacturer's products |
| Cost Per Thousand (CPM) | the cost of reaching 1000 individuals or households with the advertising message in a given medium (M is the Roman Numeral for 1000) |
| Frequency | the average number of times a person in the target audience is exposed to a message or an advertisement |
| Full-Service Agency | an advertising agency that provides the most complete range of services, including market research, media selection, copy development, artwork, and production |
| Gross Rating Points (GRPs) | a reference number used by advertisers that is obtained by multiplying reach (expressed as a percentage of the total market) by frequency |
| Infomercials | Program-length (30-minute) advertisements that take an educational approach to communication with potential customers |
| In-House Agencies | consist of the company's own advertising staff, who may provide full services or a limited range of services |
| Institutional Advertisements | advertisements designed to build goodwill or an image for an organization rather than promote a specific good or service |
| Limited-Service Agencies | advertising agencies that specialize in one aspect of the advertising process, such as providing creative services to develop the advertising copy, buying previously unpurchased media space, or providing Internet services |
| Posttests | tests conducted after an advertisement has been shown to the target audience to determine whether it accomplished its intended purpose |
| Pretests | tests conducted before an advertisement is placed in any medium to determine whether it communicates the intended message or to select among alternative versions of the advertisement |
| Product Advertisements | advertisements that focus on selling a good or service and which take three forms: (1) pioneering (or informational), (2) competitive (or persuasive), and (3) reminder |
| Product Placement | a consumer sales promotion tool that uses a brand-name product in a movie, television show, video game, or a commercial for another product |
| Publicity Tools | methods of obtaining nonpersonal presentation of an organization, good, or service without direct cost, such as news releases, news conferences, and public service announcements |
| Rating | the percentage of households in a market that are tuned to a particular TV show or radio station |
| Reach | the number of different people or households exposed to an advertisement |
| Trade-Oriented Sales Promotion | sales tools used to support a company's advertising and personal selling directed to wholesalers, distributors, or retailers (also called trade promotions) |