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chap 18
exam 4
| Question | Answer |
|---|---|
| promotional mix | is the combination of one or more communication tools used to: (1) inform prospective buyers about the benefits of the product, (2) persuade them to try it, and (3) remind them later about the benefits they enjoyed by using the product |
| Integrated marketing communications (IMC) | is the concept of designing marketing communications programs that coordinate all promotional activities—advertising, personal selling, sales promotion, public relations, and direct marketing—to provide a consistent message across all audiences |
| Advertising | is any paid form of nonpersonal communication about an organization, product, service, or idea by an identified sponsor. |
| Personal selling | consists of the two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision. |
| Public relations | a form of communication management that seeks to influence the feelings, opinions, or beliefs held by customers, prospective customers, stockholders, suppliers, employees, and other public about a company and its products or services. |
| Publicity | is a nonpersonal, indirectly paid presentation of an organization, product, or service. |
| sales promotion | is a short-term inducement of value offered to arouse interest in buying a product or service. |
| direct marketing | is a promotion alternative that uses direct communication with consumers to generate a response in the form of an order, a request for further information, or a visit to a retail outlet. |
| push strategy | involves directing the promotional mix to channel members to gain their cooperation in ordering and stocking the product. |
| pull strategy | involves directing the promotional mix at ultimate consumers to encourage them to ask the retailer for a product. |
| hierarchy of effects | is the sequence of stages a prospective buyer goes through from initial awareness of a product to eventual action that includes awareness, interest, evaluation, trial, and adoption. |
| Traffic generation | is the outcome of a direct marketing offer designed to motivate people to visit a business. |
| Lead generation | is the result of a direct marketing offer designed to generate interest in a product or service and a request for additional information |
| direct orders | are the result of a direct marketing offer that contains all the information necessary for a prospective buyer to make a decision to purchase and complete the transaction. |