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Chapter 20
Vocab
| Term | Definition |
|---|---|
| Promotional Advertising | a short term marketing strategy using targeted incentives such as discounts, coupons, or giveaways |
| Institutional Advertising | a long-term marketing strategy focused on building a company’s reputation, image, and brand, rather than promoting specific products or services |
| Media | the main means of mass communication (broadcasting, publishing, and the internet) regarded collectively |
| Print Media | physical, paper-based, and ink-based communication formats used for distributing news, information, and advertising to a wide audience |
| Broadcast Media | involves the electronic, simultaneous transmission of audio and visual content to a wide audience via television, radio, and the internet |
| Specialty Media | targeted, niche advertising platforms, promotional, or technical materials designed to reach specific audiences or fulfill, specialized, high-impact tasks |
| Cost per Thousand | Cost Per Thousand (CPM), or cost per mille, is a fundamental marketing metric representing the cost an advertiser pays for every 1,000 views or impressions of an advertisement |
| Network Radio Advertising | Network radio advertising is the purchase of ad space on a centralized network of radio stations to air commercials simultaneously across multiple markets |
| National Spot Radio Advertising | the practice of purchasing airtime on a selective basis across various local radio stations in multiple markets simultaneously to create a, often, nationwide campaign |
| Local Radio Advertising | a geo-targeted marketing strategy where businesses pay for airtime on local AM/FM stations to promote products or services directly to a specific community |