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Advertising Strategy
Advertising Strategy
72
Advertising
Post-Graduate
10/18/2015

Additional Advertising Flashcards

 


 

Cards

Term
Book Definition of Advertising
Definition

any paid form of mass communication by an identified sponsor

Term
Advertising Defined
Definition
Different from publicity or word of mouth because it is PAID FOR. Mass communication, not personal selling. Done by dentified sponsor.
Term
History of Advertising
Definition

Merchantile Exchanges were one of the first advertisers (a drink to prevent scurvey and gout).

 

Ben Franklin advertised Soap in his paper the Philadelphia Gazette

 

Post Civil War - Ad agencies are created

  • Ads to newspapers
  • Collected circulation/readership stats
  • Offered copywriting services
Term
Slogans and Brands
Definition

Late 1800's Brands created for packaged goods

 

1890's Slogans reduced amount of copy needed

"Eat H-O"

Term
Advertising Regulations
Definition

Federal Trade Commission (FTC) Act of 1914

 

National Advertising Review Council 1971

Term
FTC 1914
Definition

Signed by Woodrow Wilson

 

Outlaws unfair acts or practices that affect commerce

 

"Congress passed his Act with the hopes of protecting consumers against methods of deception in advertisement..."

Term
National Advertising Review Council 1971
Definition

Self-regulating Advertising Body

 

Monitors and evaluates the truth and accuracy of national advertising

Term
CAE
Definition

Cognition - Think

 

Affect - Feel

 

Experience - Do

Term
Framework for how adverising works
Definition
[image]
Term
AAD
Definition

Attitude toward the AD

 

Will decrease over time - when the peak attitude has passed

Term
AB
Definition

Attitude towards the Brand

 

Always increases over the course of advertising campaigns

Term
Wear in
Definition

Inverted U

 

Apex of favorability @ +/- 3 frequencies (views)

 

process of going from first view to apex

 

 

 

Term
Wear Out
Definition

Inverted U

 

Apex of favorability @ +/- 3 frequencies (views)

 

process of going from apex to low (likely 0) favorability

Term
Inverted U
Definition

Y-Axis: AAD/AB

 

X-Axis: Frequency

 

Wear in -> Apex (+/- 3) -> Wear out

Term
Pure Affect Model
Definition

measurement can be tracked by face scans, EEG, eye tracking

 

Once cognitive you lose ability for pure affect

 

Consumer preference based no feelings and emotions about ad (how much they liked the ad)

Term
Search attributes
Definition
attributes that can be evaluated before purchase
Term
Experience attributes
Definition
Attributes can only be evaluated after purchase (toothbrush bristles)
Term
Credence attributes
Definition

difficult to evaluate even after search or experience

 

is X really any beter than A, B, or C? I've read reviews and I've tried it, but I just am not sure.

Term
ELM
Definition

Elaboration Liklihood Model

 

The amount of personal relevance that the ad has to my life increases the amount that I will elaborate on it

(think and rethink about it)

Term
FCB Grid
Definition
[image]
Term
Cognitive Path
Definition

1. EXTERNAL: Advertising Information - > STM

 

2. INTERNAL: Short -Term Memory (limited) -> LTM

Elaboration: associates incoming info with that already in memory - the more the elaboartion the more it is accessible in memory.

 

3. Long-Term Memory -> STM (Cycle)

LTM used in STM if there is Elaboration/Associations and Recency

Term
LTM
Definition

Long-Term Memory

 

Used to create associations to the brand from previous experience(s)

Term
STM
Definition

Short-Term Memory

 

Limited in capacity and is tpically used to remember benefits of a product

Term
Heuristics
Definition

Shortcuts that involve the reliance of peripheral cues to aid in judgement/favorability

(number of arguements or attractiveness of the source)

 

Require little amplification (thus little effort)

Term
Peripheral Cues
Definition

cues that are not central to the message

(attractiveness of the source, number of arguements, etc)

 

Term
Resource Matching Hypothesis
Definition

Mental resources are allocated by time available and interest in the subject - match resources to level of interest and time available

 

Available Resouces (AR) vs. Required Resources (RR)

(will consumers be able to provide available resources to meet the required resources for them to get/like the ad?)

 

AR<RR = Ad not understood; AR>RR = Negative feelings/thoughts toward add-too smart; AR=RR = good

Term
Metacognition
Definition

Thinking about how we are thinking

 

Used when uncertain about knowledge

(Affects Confidence)

 

Used in the absence of a feeling of ease or a feeling of fit

Term
Feeling of Fit
Definition
Does the message (Ad) align with the consumer's focus/goals
Term
Feeling of Ease
Definition

When it is difficult to find correlation we begin to wonder why our thinking is difficult - because thinking is difficult we must not like/prefer the thinking

 

Things that have perceptual or conceptual FLUENCY seem easy to us

Term
Perceptual Fluency
Definition

the ease at which information is processed

(easy to understand - to get)

Term
Conceptual Fluency
Definition

How easy the target (the point) comes to the mind

 

Pertains to how easy it is to process the meaning

Term
Paths to Persuasion
Definition

Path to persuasion| Nature of Processing |Factors to Occur

 

Cognitive         |Association of ad info w/| High involvemnt

                      |consumers prior knowledge| Amplification

                      |Reliance on heuristics |

Metacognitive  |Assessment of process| Ambiquity about

                      |by which judgement made| brand value

 

Perceptual      |Quick assessment of | Icon Repetition

                     |name, colors, icon etc|

Term
Unconscious Persuassion
Definition
Repeated exposures (even when not fully aware) eventually influence opinion
Term
Segmentation Attractiveness
Definition

Identifiable

Sustainable

Reachable

Responsive

Profitable

Term
Initial Target
Definition

Capture of Market Share (category capture)

 

Reach first:

 

OUR Brand

(retain)

 

Competitor Brand

(category capture)

Term
Secondary Target
Definition

Capture Market Share (Category Build)

 

Reach Second:

 

Point of Entry

(Recently started to buy in the category)

 

Category Build

(not in the category, must convince to join)

Term
Maslovs Hierarcy of Need
Definition

Base: Physiological - food, water, sex, breathing, sleep

 

Safety - Self, family, property

Love/Belonging - Friendship, Family, Intimacy (Sex again)

Esteem - Confidence, respect to and from others

 

Top: Self-Actualization - Morality, Creativity, problem solving, lack of prejudice.

Term
FOR
Definition

Frame of Reference

 

What is the goal of using the brand?

Category Association: What category is Brand part of?

Defines Brands competitve set and appropriate PODs

 

Which Category? What are the needs/goals? Is the FOR Narrow or Wide?

Term
POD
Definition

Point(s) of Difference

 

A benefit that set brand apart and is seen as a compelling reason to buy the brand over competitors

 

Comes From: Attributes (product features), Image (who/what is associated with the product), Emotion (Experience in using product & Ads), Category Essence (understanding of consumer challenge in the category)

Term
Pros and Cons of Demographic Segementation
Definition

Pro: Easy to measure

 

Con: Easy for competition to measure,

does not predict consumer behavior, difficult to design a message for a demographic

Term
Pros and Cons of Behavioral Segmentation
Definition

Pro: Highly predictive of sales, Fairly easy to measure

 

Cons: Fairly easy for competition to measure, More expensive than demographic data

Term

Pros and Cons of

Attitudinal (Psychographic) Segmentation

Definition

Pros: Can provide a competitive advantage, May predict sales,

 

Cons: Difficult to measure,  Dynamic, Attitudes change

Term

Pros and Cons of

Aspirational (Psychographic) Segmentation

Definition

Hopes for the future

 

Pros: Could evoke an emotional response

 

Cons: Very difficult to measures

Term
4 types of targeting
Definition

Undifferentiated: Mass Marketing

 

Differentiated: Different groups

 

Concentrated: Focus on one segment

 

Micromarketing: Segment of one (one-to-one marketing)

Term
Target Audience Description
Definition

For the Creatives

 

Rich/Complete descrition includes/is:

Name, Habitat, Revealing, Behaviors, Consumption

Term
5 elements of Positioning
Definition

1. Target

2. FOR

3. POD

4. RTB (reasons to believe)

5. Brand Personality

 

"For TARGET, our BRAND is the FOR that POD, because RTB." - The Ad should fit BRAND PERSONALITY.

Term
Exemplar (FOR)
Definition

Choosing a category that highlights a brands POD, but with which the brand does not directly compete.

 

Compare family car to a race car to show how fast the family car is.

 

Shows that your Brand is somehow different/better than other brands in the category

Term
Parity (FOR)
Definition

Attempt/Ability to link your BRAND to attributes/RTB's of another brand in the category.

 

Proves your Brand belongs in the category.

Term
Evaluating A Position Statement
Definition

Is it DONE

 

D: Desired Benefit (Something the cosumer wants/buy?)

O: Ownable (unique to our Brand, barrier to entry?)

N: Navigable (will consumer get the message?)

E: Enduring (how long can we maintain competive advantage with these claims?)

Term
Creative Brief
Definition

Contains:

Advertising Objective

Target

Insight

Promise

Support

Tone

Assignment

Term
Strategy
Definition

Must choose between (a mix of) hard and/or soft selling

 

Must have a Big Idea and A Story

 

Will it use Comparative Advertising, Analogies, Humor?

Term
Evaluating Creatives (Ads)
Definition

ADPLAN

 

Attention

Distinctiveness

Positioning

Linkage

Amplification

Net Equity

Term

ADPLAN

 

Amplification

Definition

Do consumers elaborate (think) on the message?

 

Does the Ad increase associations or involvement?

 

Is it positive or negative and how are we controlling this?

Term

ADPLAN

 

Net Equity

Definition

Similar tone as prior executions?

 

Does the Ad build brand strategically?

 

Does it relate to Brand positioning?

 

Does the brand match or enhance previous brand equity?

 

Rarely justifiable to let an ad pivot from previous equity

Term

ADLAN

 

Linkage

Definition

Does it Link Benefits to Brand/Product?

 

Link Ad associations to Brand positively?

 

Easy to remember brand in the Ad?

Term

ADPLAN

 

Attention

Definition

Does the Ad capture initial Attention?

 

Does the Ad maintain Attention?

 

How to measure attention?

 

Contextual effects?

Term

ADPLAN

 

Distinctiveness

Definition

Is the Ad Different enough from other Ads as to not confuse consumers as to what BRAND the ad is for?

 

 

Term

ADPLAN

 

Positioning

Definition

Is the FOR identified and Relevant?

 

Is/are the POD identified and relevant?

 

Will the target segment get the message?

Term
Humor
Definition

should be brand related

 

should be focused on product, not the user (don't want to be laughing at our customers- we want to laugh with them)

 

Impact on Wear-in/Wear-out:

Wear-out happens quickly if jokes are too easy (not complex)

Term
Analogies
Definition

helps to transfer consumer's internal knowledge to the advertisment/Brand/product

 

Pros: helps consumers understand product or service, Generates elaboration on brand benefit(s)

 

Cons: Expertise in the base (what the analogy compares brand to) is required or else consumers will not get it

Requires higher levels of attention

Analogies may not transfer cross-cultures/geographies

Term
Comparative Advertising
Definition

Not used by leaders (because it doesn't generate separationg and premium from competitors)

 

Effective for followers when it establishes the brand as a player in the category

 

"Pepsi challenge"

Term
Story Grammar
Definition

Problem-Episode-Outcome

 

The brand should be the hero

(how they are the hero must tie into POD)

 

Some puffery is allowed, but becareful of the exageration

Term

Creative Brief

 

Advertising Objective

Definition
What is the advertising problem to be solved? - one to two sentences
Term

Creative Brief

 

Target

Definition

To whom are we talking? what are thier needs state? Show your depth of research and knowledge of target

 

Personalize by generating a specific named representative of the target

Term

Creative Brief

 

Insight

Definition

What is the mind and heart of the consumer?

 

How would they say/define thier need?

 

Had cognitive elements (brand insights) and affective elements (consumer insights)

Term

Creative Brief

 

Promise

Definition

How do we solve the consumer's need(s)?

 

Everything that MUST SHOW UP in the advertising needs to be placed here for compliance by the ad agency

Term

Creative Brief

 

Support

Definition

RTBs - put these as bullet points - based on your main FOR and dynamic variables (POD)

 

Don't repeat what is in the promise

Term

Creative Brief

 

Tone

Definition

How should the advertisement feel - 3-4 words.

 

Must be clear and decisive and maintain consistency with brand

Term

Creative Brief

 

Assignment

Definition

What are the deliverables from the ad agency?

 

What media?

 

Focus on the best method to get message to consumers - including non-traditional media.

Term
Cognition
Definition
Think
Term
Affect
Definition
Feel
Term
Experience
Definition
Do
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