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Intro to Bus Ch. 16
Understanding Business Ch. 16
| Question | Answer |
|---|---|
| advertising | Paid, nonpersonal communication through various media by organizations and individuals who are in some way identified in the advertising message. |
| blog | An online diary (Web log) that looks like a Web page but is easier to create and update by posting text, photos, or links to other sites. |
| infomercial | A full-length TV program devoted exclusively to promoting goods or services. |
| interactive promotion | Promotion process that allows marketers to go beyond a monologue, where sellers try to persuade buyers to buy things, to a dialogue in which buyers and sellers work together to create mutually beneficial exchange relationships. |
| integrated marketing communication (IMC) | A technique that combines all the promotional tools into one comprehensive and unified promotional strategy. |
| personal selling | The face-to-face presentation and promotion of goods and services. |
| podcasting | A means of distributing audio and video programs via the Internet that lets users subscribe to a number of files, also known as feeds, and then hear or view the material at the time they choose. |
| product placement | Putting products into TV shows and movies where they will be seen. |
| promotion | All the techniques sellers use to motivate people to buy their products or services. An effort by marketers to inform and remind people in the target market about products and to persuade them to participate in an exchange. |
| promotion mix | The combination of promotional tools an organization uses. |
| prospect | A person with the means to buy a product, the authority to buy, and the willingness to listen to a sales message. |
| prospecting | Researching potential buyers and choosing those most likely to buy. |
| publicity | Any information about an individual, product, or organization that's distributed to the public through the media and that's not paid for or controlled by the seller. |
| public relations (PR) | The management function that evaluates public attitudes, changes policies and procedures in response to the public's requests, and executes a program of action and information to earn public understanding and acceptance. |
| pull strategy | Promotional strategy in which heavy advertising and sales promotion efforts are directed toward consumers so that they'll request the products from retailers. |
| push strategy | Promotional strategy in which the producer uses advertising, personal selling, sales promotion, and all other promotional tools to convince wholesalers and retailers to stock and sell merchandise. |
| qualifying | In the selling process, making sure that people have a need for the product, the authority to buy, and the willingness to listen to a sales message. |
| sales promotion | The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities. |
| sampling | A promotional tool in which a company lets consumers have a small sample of a product for no charge. |
| trial close | A step in the selling process that consists of a question or statement that moves the selling process toward the actual close. |
| viral marketing | The term now used to describe everything from paying people to say positive things on the Internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific Web sites. |
| word-of-mouth promotion | A promotional tool that involves people telling other people about products they've purchased. |
Created by:
niki1648