Shared Flashcard Set

Details

Marketing Final
Module 8
19
Marketing
Undergraduate 3
11/29/2010

Additional Marketing Flashcards

 


 

Cards

Term
Samples
Definition
offer a trial amount of a product
Term
Coupons
Definition
are certificates that give buyers a
saving when they purchase specified
products
Term
Cash refunds (Rebates)
Definition
are similar to coupons except
that the price reduction occurs after the purchase
Term
Contests, sweepstakes, and games
Definition
give
consumers the chance to win something,
such as cash, trips, or goods, by luck or
through extra effort
• Contests require an entry by a consumer
• Sweepstakes require consumers to submit
their names for a drawing
• Games present consumers with something
that may or may not help them win a prize
Term
Direct-mail marketing
Definition
involves an offer, announcement, reminder, or other item sent to a person at a particular address
• Personalized
• Easy-to-measure results
• Costs more than mass media
• Provides better results than mass media
Term
Catalog direct marketing
Definition
involves printed and Web-based catalogs
Term
Telephone direct marketing (telemarketing)
Definition
involves using the telephone to sell directly to consumers and business customers
• Outbound telephone marketing sells directly to consumers and businesses
• Inbound telephone marketing uses toll-free numbers to receive orders from television and print ads, direct mail, and catalogs
Term
Direct-response television (DRTV) marketing
Definition
involves 60- to 120-second advertisements that describe products or give customers a toll-free
number or Web site to purchase and 30-minute infomercials such as home shopping channels
• Less expensive than other forms of promotion
• Easier to track results
Term
Kiosk marketing
Definition
involves placing information and ordering machines in stores, airports, trade shows, and other locations
Term
Mobile phone marketing
Definition
includes:
• Ring-tone giveaways
• Mobile games
• Ad-supported content
• Contests and sweepstakes
Term
Podcasts and Vodcasts
Definition
involve the downloading of audio and video files via the Internet to a handheld device such as a PDA or iPod and listening to them at the consumer’s convenience
Term
Interactive TV (ITV)
Definition
lets viewers interact with television programming and advertising using their remote controls and provides marketers with an interactive and involving
means to reach targeted audiences
Term
Business to business (B2B)
Definition
involves selling goods and services, providing information online to businesses, and building customer relationships
Term
Business to consumer (B2C)
Definition
involves selling goods and services online to final consumers
Term
Consumer to business (C2B)
Definition
involves consumers communicating with companies to send suggestions and questions via company Web sites
Term
Consumer to consumer (C2C)
Definition
occurs on the Web between interested parties over a wide range of products and subjects
• Blogs
• Offer a fresh, original, and inexpensive way to
reach fragmented audiences
• Difficult to control
Term
Click-only marketers
Definition
operate only online without any brick and mortar presence
• E-tailers
• Search engines and portals
• Shopping or price comparison sites
• Internet service providers (ISP)
• Transaction sites
• Content sites
Term
Click-and-mortar
Definition
are brick-and-mortar
companies with an online presence
Advantages of click and mortar companies include:
• Known and trusted brand names
• Strong financial resources
• Large customer bases
• Industry knowledge
• Reputation
• Strong supplier relationships
• More options for customers
Term
E-tailers
Definition
are dot coms that sell products and services directly to final buyers via the Internet
• Amazon
• Expedia
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