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CMP Quiz 2
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14
Management
Professional
11/11/2008

Additional Management Flashcards

 


 

Cards

Term
Demographic
Definition
refers to much more than the age range of your potential market
Term
Target market research
Definition
should involve targeting the smallest market possible
Term
Mission Statement
Definition
an overall plan or purpose for an organization/individual
Term
Brand Essence
Definition
the core concepts or characteristics for which a product or service is recognized
Term
Co-branding
Definition
aligning your artist/tour with an existing brand that reaches a similar demographic
Term
Boilerplate
Definition
includes a short paragraph describing your company's products service and history
Term
Competitive advantage
Definition
offering your customers greater value than your competitors by offering lower prices, by providing greater benefits, by providing better services
Term
The Long Tail
Definition
is about leveraging the combined value of modest sellers instead of focusing on hits
Term
5 Do's of a great website
Definition
1. Have your own domain
2. proof read your text
3. provide contact info
4. allow easy navigation
5. test before going live
Term
5 donts of a great website
Definition
1. Overuse text
2. have an outdated page
3. dont be under construction
4. dont use more than 3 fonts
5. dont use hard to read fonts
Term
Television
Definition
Advantage: Large audience.
Disadvantage: Diluted demographics
Term
Radio
Definition
Advantage: Targeted Market
Disadvantage: Background media
Term
Print
Definition
Advantage: Lasting Message
Disadvantage: easily overlooked
Term
Internet
Definition
Advantage: Worldwide 24/7
Disadvantage: Tremendous competition
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