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PR001
Spread the Word
30
Marketing
9th Grade
01/07/2014

Additional Marketing Flashcards

 


 

Cards

Term
Advertising:
Definition
Any paid form of nonpersonal presentation of ideas, images, goods, or services
Term
Banner advertisements:
Definition
Promotional messages appearing on the Internet, usually at the top of web sites
Term
Bus/Car wrap:
Definition
A form of out-of-home advertising; involves partially or completely covering a vehicle with an advertisement, turning the bus or car into a mobile billboard
Term
Channels of distribution:
Definition
Paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user
Term
Convenience products:
Definition
Goods and services purchased quickly and without much thought or effort
Term
Dealer incentive:
Definition
A limited-time discount offered by a manufacturer to its intermediaries to prompt them to purchase and/or further promote the manufacturer’s products to customers
Term
Declining stage:
Definition
The product life cycle stage in which sales and profits fall rapidly
Term
Direct mail:
Definition
Promotional medium that comes to customers’ homes and businesses in the form of letters, catalogs, postcards, faxes, folders, and e-mails
Term
Growth stage:
Definition
The product life cycle stage in which sales rise rapidly
Term
Intermediaries:
Definition
Channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services
Term
Introductory stage:
Definition
The product life cycle stage when the product first appears in the marketplace
Term
Maturity stage:
Definition
The product life cycle stage in which sales peak and then increase at a slower rate or start to decline
Term
Media:
Definition
The message channels used by a seller to promote a good, service, or idea, e.g., radio, television, newspapers, magazines, Internet
Term
Merchandising allowance:
Definition
A price reduction offered to intermediaries; often used to entice intermediaries to purchase a particular product or to reimburse intermediaries for their marketing costs
Term
Paid listings:
Definition
Online advertisements that appear near the top of search engine results; may appear to the right of regular listings; often referred to as “sponsored” or “featured” results
Term
Pay-per-click link:
Definition
An online advertisement placed by advertisers who pay their web host a fixed amount each time someone clicks on the ad
Term
Personal selling:
Definition
The form of promotion that determines client needs and wants and responds through planned, personalized communication that influences purchase decisions and enhances future business opportunities
Term
Product life cycle:
Definition
The stages through which goods and services move from the time they are introduced on the market until they are taken off the market
Term
Product placement:
Definition
A type of “other” media that uses products as props in movies, television shows, and computer games
Term
Promotion:
Definition
A marketing function needed to communicate information about goods, services, images, and/or ideas to achieve a desired outcome
Term
Promotional mix:
Definition
A combination, or blend, of marketing communication channels that a business uses to send its messages to customers (i.e., advertising, sales promotion, personal selling, and publicity)
Term
Publicity:
Definition
Any nonpersonal presentation of ideas, goods, or services that is not paid for by the company or individual that benefits from or is harmed by it
Term
Pull strategy:
Definition
A promotional strategy that involves a producer promoting its products directly to the ultimate consumer or industrial user; intermediaries then purchase the products from the manufacturer to meet customer demand
Term
Push strategy:
Definition
A promotional strategy that involves a producer promoting its products to intermediaries; intermediaries then promote the products to customers
Term
Sales promotion:
Definition
Promotional activities other than advertising, personal selling, and publicity that stimulate customer purchases
Term
Search engine listing:
Definition
An online advertisement appearing in a list of web sites generated by a search engine in response to a key word or words
Term
Shopping products:
Definition
Goods and services purchased after the customers compare goods and stores in order to get the best quality, price, and/or service
Term
Specialty products:
Definition
Goods and services with special or unique characteristics that customers are willing to exert special efforts to obtain
Term
Target market:
Definition
The particular group of customers a business seeks to attract
Term
Ultimate consumers:
Definition
People who personally use a good or service to satisfy their own wants
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