Untitled Quiz
16 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is depicted in Figure 5.1?

  • The advantages of in-house versus outside agency
  • The IMC planning process
  • An overview of Integrated Marketing Communications (correct)
  • Digital marketing channels
  • What is a benefit of in-house advertising management?

  • Lower costs (correct)
  • Access to top talent
  • Greater expertise
  • Outsider's perspective
  • What is an advantage of using an outside agency?

  • Better understanding of the product and mission
  • Lower turnover rate in the creative team
  • Work closer with the CEO
  • Greater expertise (correct)
  • What is a task that is part of the IMC planning process?

    <p>Buyer behavior analysis</p> Signup and view all the answers

    What is a benefit of in-house advertising production?

    <p>Faster ad production</p> Signup and view all the answers

    What is depicted in Figure 5.7?

    <p>Advantages of in-house versus outside agency</p> Signup and view all the answers

    What is a characteristic of in-house advertising management?

    <p>Lower turnover rate in the creative team</p> Signup and view all the answers

    What is a potential benefit of working with an outside agency?

    <p>Outsider's perspective</p> Signup and view all the answers

    What is the primary objective of setting goals in the advertising agency selection process?

    <p>To reduce biases in the selection process</p> Signup and view all the answers

    What is one of the key factors to consider when evaluating an advertising agency's creative reputation and capabilities?

    <p>Their experience in handling similar clients</p> Signup and view all the answers

    What is the primary purpose of the creative pitch in the advertising agency selection process?

    <p>To showcase the agency's creative ideas and approach</p> Signup and view all the answers

    What is one of the key advertising goals, according to the figure?

    <p>To build brand awareness</p> Signup and view all the answers

    What is the term used to describe the emotional side of the brain that manages abstract ideas and images?

    <p>Right-brain</p> Signup and view all the answers

    What is one of the factors to consider when evaluating an advertising agency's production capabilities?

    <p>Their ability to produce high-quality visuals</p> Signup and view all the answers

    What is the term used to describe the unique selling point of an advertising message?

    <p>Unique selling point</p> Signup and view all the answers

    What is the primary objective of building brand awareness in advertising?

    <p>To establish a brand's identity and recognition</p> Signup and view all the answers

    Study Notes

    Integrated Marketing Communications

    • Includes regulation and ethics evaluation, database, direct response, sales promotions, public relations, and sponsorships
    • Also includes digital marketing, social media, alternative channels, advertising management, and brand management
    • Involves understanding buyer behaviors and the IMC planning process

    In-House vs. Outside Agency Advantages

    In-House Agency Advantages

    • Lower costs
    • Consistent brand message
    • Better understanding of product and mission
    • Faster ad production
    • Work closer with CEO
    • Lower turnover rate in the creative team

    Outside Agency Advantages

    • Reduce costs
    • Greater expertise
    • Outsider's perspective
    • Access to top talent

    Selecting an Advertising Agency

    • Steps in selecting an agency include: setting goals, selecting process and criteria, screening initial list of applicants, reducing list to two or three viable agencies, and requesting a creative pitch
    • Goal setting provides direction and reduces biases

    Evaluation Criteria in Choosing an Ad Agency

    • Size of the agency
    • Relevant experience of the agency
    • Conflicts of interest
    • Creative reputation and capabilities
    • Production capabilities
    • Media purchasing capabilities
    • Other services available
    • Client retention rates
    • Personal chemistry

    Advertising Campaign Parameters

    • Advertising goals
    • Media selection
    • Tagline
    • Consistency
    • Positioning
    • Campaign duration

    Advertising Goals

    • To build brand awareness
    • To inform
    • To persuade
    • To support other marketing efforts
    • To encourage action

    Building Brand Awareness

    • Brand image begins with awareness
    • Consumers recognize the brand
    • Important in business-to-business and modified rebuy situations
    • Successful brands possess top-of-mind and top choice awareness
    • Brand equity leads to top-of-mind and top choice

    The Message Theme

    • Unique selling point
    • “Left brain” advertisement: logical, rational appeal
    • “Right-brain” advertisement: emotional appeal

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    More Like This

    Use Quizgecko on...
    Browser
    Browser