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Chapter 19
Chapter 19 - learning review - Kerin 11th edition
7
Marketing
Undergraduate 1
12/15/2013

Additional Marketing Flashcards

 


 

Cards

Term
What is social media?
Definition

Online media where users submit comments, photos & videos - often accompanied by feedback process (to 'like' something on facebook)

 

aka "consumer-generated media"

Term
What is media richness?
Definition

The degree of acoustic, visual & personal contact between 2 communication partners.

 

i.e. face-to-face is higher in richness than telephone call

 

the higher the media richness the greater influence

Term
What is self-disclosure?
Definition

How much an individual shares thoughts, feelings, likes, and dislikes in a social interaction.


The greater self-disclosure the more influence they are likely to have. 

Term
How is time to delivery of communication different in traditional vs social media?
Definition

Social media is instantaneous.

 

Traditional media can takes days or months - extensive time lags. 

Term
What are apps and why are they important?
Definition

Apps are small,  downloadable software programs that run on smartphones & tablets.

 

Price comparison, loayalty programs, location-based promotions. 

Term
How did Nestle's overreation to Greenpeace make things worse?
Definition
When Nestle overreacted it just brought more attention to the KitKat palm oil deforestation issue - KitKat facebook page was taken over by people opposed to deforestation and Nestle ended up changing to palm oil suppliers not linked to deforestation.
Term
What is an example of social media in global marketing?
Definition

Czech Republic T-Moblie ad - went viral 

 

Used a multidomestic global marketing strategy - ad was tailored to local country's consumers. 

Supporting users have an ad free experience!