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MKTG 250 Ch. 19
Vocab
| Question | Answer |
|---|---|
| Advertising | any paid form of nonpersonal communication about an organization, product, service, or idea by an identified sponsor. |
| Product advertisements | are advertisements that focus on selling a product or service and which take three forms: (1) pioneering (or informational), (2) competitive (or persuasive), and (3) reminder. |
| Institutional advertisements | are advertisements designed to build goodwill or an image for an organization rather than promote a specific product or service. |
| Ad Appeals: Fear | avoid negative experiences. |
| Ad Appeals: Sex | increase attractiveness. |
| Ad Appeals: Humorous | fun and exciting. |
| Advertising media | the means to communicate the message. |
| Reach | the number of different people or households exposed to an advertisement. |
| Rating | the percentage of households in a market that are tuned to a particular TV show or radio station. |
| Frequency | the average number of times a person in the target audience is exposed to a message or advertisement. |
| Gross rating points (GRP) | multiplying reach by frequency. |
| Cost per thousand (CPM) | refers to the cost of reaching 1,000 individual or households with the advertising message in a given medium. |
| Continuous schedule | Steady, seasons not important. |
| Flighting schedule | Intermittent, reflects seasonal demand. |
| Pulse schedule | Burst, flighting and continuous, new product. |
| Full-service agency | Complete range of services |
| Limited-service agency | Contract for creative work. |
| In-house agency | Company’s own staff. |
| Sales promotions ex | Coupons, Deals, Premiums, Point of Purchase displays, Product placements |
| Publicity tools | are methods of obtaining nonpersonal presentations of an organization, product, or service without direct cost, such as news releases, news conferences, and public service announcements (PSAs). |
| News release | Company announcement |
| News conference | Informational meeting |
| Public service announcement (PSA) | Free space from media. |