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Exam (elaborations)

MKTG 3340 FINAL SMU QUESTIONS WITH COMPLETE ANSWERS

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MKTG 3340 FINAL SMU QUESTIONS WITH COMPLETE ANSWERS

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1 of 87

Definition



Advertise and promote a company's products and services and
provide information on how items can be used and where they can be
purchased



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, Promotional Websites Corporate Websites




Institutional Advertisements Pioneering Ads


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2 of 87

Definition



introduces new product or demonstrates its use.
Adv: Positive message in non commercial setting
Dis: Little control over presentation of product
• Ex: Beat pill in music video



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Product Placements Loyalty Programs




Premiums Sales Promotion


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3 of 87

Definition

,the average number of times a person in the target audience is
exposed to an ad



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Frequency Rating




Reach Decoding


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4 of 87

Term



What are some advantages and disadvantages of Sales Promotion?



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Advantages: effective at changing behavior in short run. flexible


Disadvantages: easily abused and duplicated. can lead to promotion wars

, 1. the purchase task
2. social surrounding
3. physical surroundings
4. temporal effects
5. antecedent states




•Total industry sales slow down
•Weaker competitors being to leave the market
•Profit declines due to fiercer price competitor
•Further differentiation and improvements
•Try to find new buyers




encourages repeat purchases
• Adv: help create brand loyalty
• Dis: costly for company
• Ex: Neiman's card


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5 of 87

Definition



any PAID form of NON-PERSONAL communication about an
organization, product, idea, or service by an identified sponsor



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Advertising Promotion

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