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Chapter 16
Using Effective Promotions
41
Business
Undergraduate 1
02/15/2022

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Cards

Term
What is the combination of promotional tools an organization uses?
Definition
Promotion mix
Term
What is a technique that combines all the promotional tools into one comprehensive and united promotional strategy?
Definition
Integrated marketing communication (IMC)
Term
What are the 4 basic elements of the promotional mix?
Definition
Advertising, personal selling, public relations, and sales promotion
Term
What is paid, nonpersonal communication through various media by organizations and individuals who are in some way identified in an advertising message?
Definition
Advertising
Term
What is nonpersonal communication that doesn't have an identified sponser?
Definition
Propaganda
Term
What is advertising to wholesalers and retailers by manufacturers to encourage them to carry their products?
Definition
Trade advertising
Term
What is advertising designed to create an attractive image for an organization rather than for a product?
Definition
Institutional advertising
Term
What is advertising that supports a particular view of an issue? Also known as cause advertising.
Definition
Advocacy advertising
Term
What are the 6 main categories where advertising dollars are spent?
Definition
Digital, TV, radio, newspaper, magazines, and outdoor
Term
What is putting products into TV shows and movies where they will be seen?
Definition
Product placement
Term
What is a full-length TV program devoted exclusively to promoting goods or services?
Definition
Infomercial
Term
What is a promotional process that allows marketers to go beyond a monologue, where sellers try to persuade buyers to buy things, to a dialogue in which buyers and sellers work together to create mutually beneficial exchange relationships?
Definition
Interactive promotion
Term
What is the face-to-face presentation and promotion of goods and services?
Definition
Personal selling
Term
What is the first step of the B2B selling process?
Definition
Prospect and quality
Term
What is the second step of the B2B selling process?
Definition
Preapproach
Term
What is third step of the B2B selling process?
Definition
Approach
Term
What is the fourth step of the B2B selling process?
Definition
Make a presentation
Term
What is the fifth step of the B2B selling process?
Definition
Answer objections
Term
What is the sixth step of the B2B selling process?
Definition
Close the sale
Term
What is the seventh step of the B2B selling process?
Definition
Follow up
Term
What is another name for prospecting and qualifying?
Definition
Lead generation
Term
Who is a person who meets the qualifying criteria called?
Definition
Prospect
Term
What is researching potential buyers and choosing those most likely to buy?
Definition
Prospecting
Term
What is making sure people have a need for a product, the authority to buy, and the willingness to listen to a sales manager?
Definition
Qualifying
Term
What step of the B2B selling process are you trying to find out as much as you can about customers and their wants and needs?
Definition
Preapproach
Term
What is a step in the B2B selling process that consists of a question or statement that moves the selling process toward the purchase?
Definition
Trial close
Term
What are the 5 steps of the business-to-consumer selling process?
Definition
Approach, ask questions, make presentation, close sale, and follow up
Term
What 2 steps aren't included in the B2C selling process?
Definition
Prospecting/Qualifying and preapproach
Term
What is the management function that evaluates public attitudes, changes policies and procedures in response to the public's requests, and executes a program of action and information to earn public understanding and acceptance?
Definition
Public relations (PR)
Term
What are the 3 steps of a good public relations program?
Definition
Listen to the public, change policies and procedures, and inform people that you're responsive to their needs
Term
What is any information about an individual, product, or organization that's distributed to the public through the media and that's not paid for or controlled by the seller?
Definition
Publicity
Term
What is the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities?
Definition
Sales promotion
Term
What is a promotional tool in which a company lets consumers have a small sample of a product for no charge?
Definition
Sampling
Term
What involves sponsoring events like concerts or being at various events to promote products?
Definition
Event marketing
Term
What is a promotional tool that involves people telling other people about the products they've purchased?
Definition
Word-of-mouth promotion
Term
What is the term used to describe everything from paying customers to say positive things on the internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific websites?
Definition
Viral marketing
Term
What is the means of distributing audio and video programs via the internet that lets users subscribe to a number of files, also known as feeds, and then they hear or view the material at the time they choose?
Definition
Podcasting
Term
What is a means of distributing multimedia digital files online for downloading or streaming?
Definition
Podcasting
Term
What is often the most powerful promotional tool?
Definition
Word-of-mouth
Term
What is a promotional strategy in which the producer uses advertising, personal selling, sales promotion, and all other promotional tools to convince wholesalers and retailers to stock and sell merchandise?
Definition
Push strategy
Term
What is a promotional strategy in which heavy advertising and sales promotion efforts are directed toward consumers so that they'll request the products from retailers?
Definition
Pull strategy
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