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MARK 261
Chapter 1
15
Marketing
Undergraduate 2
01/06/2011

Additional Marketing Flashcards

 


 

Cards

Term
Communication
Definition
Transmitting, receiving, and processing information
Term
Senders
Definition
The person(s) attempting to deliver a message or idea
Term
Encoding
Definition
The verbal (words, sounds) and nonverbal (gestures, facial expressions, posture) cues that the sender utilizes in dispatching a message
Term
Transmission Devices
Definition
All of the items that carry a message from the sender to the receiver
Term
Decoding
Definition
When the receiver employs any of his or her senses (hear, seeing, feeling) in an attempt to capture a message
Term
Receivers
Definition
The intended audience for a message
Term
Noise
Definition
Anything that distorts or disrupts a message
Term
Clutter
Definition
Exists when consumers are exposed to hundreds of marketing messages per day, and most are tuned out
Term
Feedback
Definition
Information the sender obtains from the receiver regarding the receiver's perception or interpretation of a message
Term
Integrated Marketing Communications (IMCs)
Definition
The coordination and integration of all marketing communication tools, avenues, and sources within a company into a seamless program that maximizes the impact on customers and other end users at minimal cost. This affects all of a firm's business-to-business, marketing channel, customer-focused, and internally oriented communications
Term
Marketing Mix
Definition
Consists of products, prices, places (the distribution system), and promotions
Term
Brand Parity
Definition
Occurs when there is the perception that most products and services are essentially the same
Term
Contact Points
Definition
The places where customers interact with or acquire additional information about a firm
Term
Standardization
Definition
When a firm standardizes its products and market offerings across countries with the goal of generating economies of scale in production while using the same promotional theme
Term
Adaptation
Definition
Occurs when products and marketing messages are designed for and adapted to individual countries
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