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Basic Marketing McCarthy 17e
MKT350 ch 14
27
Marketing
Undergraduate 4
04/20/2011

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Term
Promotion
Definition
communicating information between the seller and potential buyer or others in the channel to influence attitudes and behviour
Term
personal selling
Definition
involves direct spoken communication between sellers and potential customers
Term
mass selling
Definition
communicating with large numbers of potential buyers at the same time
Term
Advertising
Definition
any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponser
Term
publicity
Definition
any unpaid form of nonpersonal presentation of ideas, goods, or services
Term
sales promotion
Definition
promotion activites other than advertising, publicity, and personal selling-that stimulate interest, trial, or purchase by a final consumer or others in the channel
Term
Integrated marketing communications
Definition
the intentional coordination of every communication from a firm to a target customer to convey a consistent and complete message
Term
AIDA Model
Definition
4 promotion jobs:(1) get attention, (2) hold interest, (3) arouse desire, (4) obtain action
Term
communication process
Definition
means a source trying to reach a receiver with a message
Term
Source
Definition
Sender of a message, trying to deliver a message to a reciever
Term
Receiver
Definition
a potential customer
Term
Noise
Definition
Any distraction that reduces the effectiveness of the communication process. ex: conversations, or getting snacks during commercials
Term
Encoding
Definition
the source deciding what it wants to say and translating it into words or symbols that will have the same meaning to the receiver
Term
Decoding
Definition
The receiver translating the message
Term
Message channel
Definition
The carrier of the message, a source can use many different channels
Term
pushing(a product through a channel)
Definition
Means using normal promotion effort to help sell the whole marketing mix to possible channel members
Term
common frame of reference
Definition
when decoding, people need a common frame of reference to communicate effectively
Term
pulling
Definition
getting customers to ask intermediaries for the product
Term
MArketing manager
Definition
Determines the blend of promotion methods
Term
adoption curve
Definition
shows when different groups accept ideas
Term
Innovators
Definition
First people to adopt the new ideas. Young and well educated people
Term
Early Adopters
Definition
well respected by their peers and often are opinion leaders. Unlike inovators, they have fewer contacts outside their social group
Term
early majority
Definition
avoid risk and wait to consider a new idea after many early adopters have tried it and liked it
Term
Late majority
Definition
are very cautious about new ideas, often older and set in their ways.
Term
Laggards/Non-adopters
Definition
prefer to do things the way theyve always been done in the past and are very suspicious of new ideas
Term
Primary demand
Definition
demand for the general product idea, not just for the company's own brand
Term
selective Demand
Definition
Mainly trying to persuade customers to buy, and keep buying
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