Shared Flashcard Set

Details

Small Business
Vocabulary 10.0
36
Business
12th Grade
04/29/2011

Additional Business Flashcards

 


 

Cards

Term
Bleed page
Definition
A page on which the advertisement is printed to the edge of the page leaving no border.
Term
Broadcast media
Definition
Agencies or instruments such as radio and television that use verbal communication to share a message with the public.
Term
Buying allowance
Definition
Price discount given by a manufacturer to increase the desire of a wholesaler or retailer to purchase the product.
Term
CPM (cost per thousand)
Definition
The media cost of exposing 1,000 readers to an ad.
Term
Extensive coverage
Definition
Reaching a larger audience.
Term
Frequency
Definition
The average number of times a person in the target audience is exposed to a promotional message.
Term
Incentives
Definition
Products earned through contests, sweepstakes, and rebates.
Term
Institutional advertising
Definition
Advertising designed to create a favorable image and goodwill for a business or organization.
Term
Institutional promotion
Definition
Communication used to create a favorable image of the business in the eyes of the consumer instead of promoting a product/service.
Term
Intensive coverage
Definition
Reaching a smaller group of people more often.
Term
Media
Definition
Agencies, means, or instruments used to deliver promotional messages to the public. (Also see Promotional media on the next page.)
Term
News release
Definition
A prepared statement or story that provides newsworthy information about the business or organization providing it.
Term
Online media
Definition
The Internet used as a vehicle to deliver messages to customers.
Term
Personal selling
Definition
A form of promotion that uses planned, personalized communication in order to influence customer buying decisions and ensure satisfactio
Term
Premiums
Definition
Low cost items given to the consumer at a discount or free.
Term
Press conference
Definition
A meeting to which a business or organization invites media for the purpose of distributing information about a newsworthy event
Term
Press kit
Definition
A folder containing feature stories, articles, photographs, and/or news releases about the company, product, or persons which has been prepared to assist the media.
Term
Primary circulation
Definition
The total number of copies of print media sold.
Term
Print media
Definition
Agencies or instruments such as newspapers, magazines, direct mail, signs, and billboards which use written communication to deliver messages to the public.
Term
Product promotion
Definition
Communication used to persuade consumers to buy a particular product/service.
Term
Product samples
Definition
Trial size products generally sent through the mail or distributed at the business and given to the consumer free of charge.
Term
Promotion
Definition
Any form of communication a business or organization uses to inform, persuade, or remind consumers about its products/services.
Term
Promotional advertising
Definition
Communication designed to increase sales of products and services.
Term
Promotional media
Definition
Channels of communication that serve as tools for promoting ideas, goods, and services to consumers. (Also see Media on the previous page.)
Term
Promotional mix
Definition
The combination, or blend, of the different types of promotion.
Term
Promotional strategy
Definition
A carefully arranged sequence of promotions designed around a common theme responsive to specific objectives.
Term
Promotional tie-ins
Definition
A strategy in which two or more businesses combine promotional resources to increase sales.
Term
Public relations
Definition
Any activity designed to create a favorable image toward a business, its products, or its policies.
Term
Publicity
Definition
Information that is provided to the public by the media or other sources at no cost to the business.
Term
Reach
Definition
A non-duplicated count of the people in a target audience who are exposed to a promotional message. (Each person is counted only once even if they view the message more than once.)
Term
Sales incentives
Definition
Awards given to salespersons for meeting or exceeding sales goals.
Term
Sales promotion
Definition
The variety of activities other than personal selling, advertising, and public relations that are used to increase consumer purchases.
Term
Secondary circulation
Definition
The number of people who read a publication but do not actually purchase it (“pass along” readers).
Term
Slotting allowance
Definition
Money paid by a manufacturer to the retailer for placing a product in the store, perhaps in a specific location.
Term
Specialty media
Definition
Inexpensive, useful items with the name of the advertiser printed on them that are used to gain customer recognition or serve as reminders.
Term
Visual merchandising/display
Definition
Coordination of the physical elements of a business or a product to project the desired image to the consumer.
Supporting users have an ad free experience!