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PDM Advertising Unit
Term | Definition |
---|---|
Advertising | paid, non-personal promotion of a cause, idea, product or service by an identified sponsor attempting to inform, persuade or remind a particular target audience |
institutional advertising (similar to PR) | used to create a positive image for an entire company |
promotional advertising | used to increase overall sales, directed at customers or business-to-business relationships; motivates customers to act |
newspapers | most inexpensive way to reach a mass audience |
direct mail | allows adds to be sent directly to a consumer |
outdoor advertising | includes billboards and outdoor signage |
transit advertising | found on all forms of public transportation |
radio advertising | inexpensive and reaches a target audience by purchasing time on appropriate stations |
product placement | involves placing a brand name product in a movie or TV show to be seen by viewers |
psychographic segmentation | divides markets into groups based on personal values, lifestyle, personality characteristics and hobbies |
primary markets | consist of your most important targeted or segmented groups |
secondary markets | include a second group of potential customers |
demographics | specifies a target market on the basis of statistical information |
advertising reach | percentage of customers within a specific target market who are exposed to an advertising message |
frequency | average number of times a customer is exposed to a message |
brand switch advertising | is designed to convince customers to switch brands |
ad advantage of television advertising | can reach large numbers of people on a national or regional level in a short amount of time |
specialty advertising | Advertising entails the use of imprinted logos on useful or decorative products such as: keychains, mugs, pens, notepad |
trade shows | Are exhibitions used to showcase a particular industry’s line of products and Include specialized booths or displays |
advertising costs | refers to the cost per thousand impressions |
television ad costs | will vary depending on the number of anticipated viewers and popularity of the program. Reach a mass audience |
advertising proof | are the first productions of a advertisement, similar to a rough draft |
advertising effectiveness | can be tracked based on number of impressions and return on investment |