Podcast
Questions and Answers
What is the promotion mix?
What is the promotion mix?
Which of the following is an example of advertising?
Which of the following is an example of advertising?
What does sales promotion involve?
What does sales promotion involve?
What is personal selling?
What is personal selling?
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What does public relations involve?
What does public relations involve?
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What is direct and digital marketing?
What is direct and digital marketing?
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What is the process of putting thought into symbolic form called in the communication process?
What is the process of putting thought into symbolic form called in the communication process?
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Who is the party sending the message to another party in the communication process?
Who is the party sending the message to another party in the communication process?
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What is the term for the reactions of the receiver after being exposed to the message in the communication process?
What is the term for the reactions of the receiver after being exposed to the message in the communication process?
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What is the unplanned static or distortion during the communication process called?
What is the unplanned static or distortion during the communication process called?
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What are marketers shifting away from as mass markets have fragmented?
What are marketers shifting away from as mass markets have fragmented?
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What involves carefully integrating and coordinating a company’s many communications channels to deliver a clear, consistent, and compelling message about the organization and its products?
What involves carefully integrating and coordinating a company’s many communications channels to deliver a clear, consistent, and compelling message about the organization and its products?
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In what age are consumers better informed and more communications empowered, connecting easily with other consumers to exchange brand-related information or even create and communicate their own brand messages and experiences?
In what age are consumers better informed and more communications empowered, connecting easily with other consumers to exchange brand-related information or even create and communicate their own brand messages and experiences?
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What do many marketers view themselves as now, due to the blurring lines between traditional advertising and new digital content?
What do many marketers view themselves as now, due to the blurring lines between traditional advertising and new digital content?
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What do marketers seek in many cases as their communication objectives?
What do marketers seek in many cases as their communication objectives?
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What has led to advances in digital technology, changing the ways how companies and customers communicate with each other?
What has led to advances in digital technology, changing the ways how companies and customers communicate with each other?
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Study Notes
Promotion Mix
- The promotion mix consists of advertising, sales promotion, personal selling, public relations, and direct and digital marketing.
Advertising
- An example of advertising is a company paying to have its product featured in a popular video game.
Sales Promotion
- Sales promotion involves short-term incentives to stimulate sales, such as coupons, discounts, and free samples.
Personal Selling
- Personal selling is face-to-face interaction between a salesperson and a customer to persuade the customer to buy a product.
Public Relations
- Public relations involves building good relationships with the public, media, and other stakeholders to maintain a company's image and reputation.
Direct and Digital Marketing
- Direct and digital marketing involves using digital channels, such as email, social media, and text messages, to communicate directly with customers.
Communication Process
- The process of putting thought into symbolic form is called encoding.
- The party sending the message to another party is called the sender.
- The reactions of the receiver after being exposed to the message are called feedback.
- Unplanned static or distortion during the communication process is called noise.
Mass Markets and Fragmentation
- Marketers are shifting away from mass markets due to fragmentation, where audiences are broken down into smaller, more targeted groups.
Integrated Marketing Communications
- Integrated marketing communications involves carefully integrating and coordinating a company's many communications channels to deliver a clear, consistent, and compelling message.
Consumer Empowerment
- In the digital age, consumers are better informed and more communications empowered, connecting easily with other consumers to exchange brand-related information or even create and communicate their own brand messages and experiences.
Marketer Roles
- Many marketers view themselves as content providers, due to the blurring lines between traditional advertising and new digital content.
Communication Objectives
- Marketers often seek to inform, persuade, or remind customers as their communication objectives.
Digital Technology Advances
- Advances in digital technology have changed the ways companies and customers communicate with each other, leading to new opportunities and challenges for marketers.
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Description
Test your knowledge of developing effective marketing communications, the promotion mix, 4Ps marketing mix, advertising, and sales promotion. This quiz covers the specific blend of promotion tools, persuasively communicating customer value, and building customer relationships.