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Advertising State Test Review 2013
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1 The ability to generate unique ideas, approaches and solutions
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1 Creativity
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2 A qualitative research where a group of people are asked about their attitudes toward a product, service, concept, advertisement, idea, or packaging.
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2 Focus Group
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3 A group of people identified as those most likely to become customers
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3 Target Market
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4 Used to stimulate consumer purchase immediately and represents all marketing activities, like: Contests, Fashion Shows, Coupons
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4 Sales Promotion
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5 The study of when, why, how & where people do or do not buy products.
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5 Consumer Psychology
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1 The process and methods used to gather information, analyze it, and report findings related to marketing goods & services.
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1 Marketing Research
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2 Use of a single marketing plan to reach all customers.
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2 Mass Marketing
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3 Breaking customers down into smaller groups by identifying them by shared needs and characteristics.
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3 Marketing Segmentation
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4 Easy to recognize, memorable, geared to the target audience
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4 Logo & Slogan
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5 An announcement that is sent by a business or organization to media outlets promoting an event.
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5 News Release
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1 Geographically selected audience, short message
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1 Outdoor Advertising
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2 When advertisers run a schedule on TV, and then convert the audio portion into radio (transferring that TV image to radio)
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2 Imagery Transfer
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3 The best time for radio advertisements are when people are driving to and from work. (Morning & Late afternoon, evening)
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3 Drive Time (radio prime-time)
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4 Local; target customers in home town.
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4 Newspapers
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5 Exact words usually written by the advertisers that show the speaker’s names, the sound effects, camera movement and the words to be spoken by the actor.
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5 Scripts
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1 The name that identifies a company or organization. Example: Keebler, GE, Proctor & Gamble
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1 Trade Name
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2 Regional or national; large specific audience
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2 Magazines
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3 Geographically selected audience; short message; aimed at travelers
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3 Station Posters
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4 Seen by people at an event and television viewers; often used by sponsors
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4 Stadium Signage
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5 Personalized message; may be considered “junk” mail
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5 Direct Mail
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1 Most network TV, advertising is sold on a participation basis with most advertisers buying a 30 second spot.
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1 Rates & Buying Time
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2 When a TV commercial is not run as specified in the contract and the station will make good by offering free advertising time to compensate for incorrect spots.
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2 Makegood
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3 For network and cable TV is between 8:00pm – 11:00pm when millions of viewers are watching. It is the most expensive advertising time.
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3 Primetime
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4 Is based on where customers are located or climate
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4 Geographic Segmentation
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5 Any form of communication a business or organization uses to inform, persuade or remind.
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5 Promotion
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1 Based on statistical characteristics, such as Gender, Age, Ethnicity, Education, Occupation, Income or Life Stage
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1 Demographic Segmentation
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2 Company incurs costs for educating customers, building widespread dealer distribution, and encouraging demand.
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2 Introduction Phase
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3 The process of acting through a situation without all the real characters being present.
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3 Role Playing
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4 Sales made when individuals make contact with potential buyers face-to-face.
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4 Personal Sales
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5 Product, Price, Place, Promotion
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5 Marketing Mix
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1 Listing as many relative and different ideas as possible
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1 Brainstorming
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2 Identifying and unique names of an internet site
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2 Domain Names
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3 All physical elements: such as color, lighting & shelving, to project the right image to its consumers
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3 Visual Merchandising & Display
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4 Cost sharing arrangement whereby both a supplier and advertiser pay for advertising and promotion
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4 Co-Operative Advertising
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5 Based on purchase behavior
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5 Behavioristic Segmentation
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1 Segmentation based on values, attitudes, personality, and lifestyle.
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1 Psychographic Segmentation
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2 Involves placing newsworthy information about a business, product or policy in the media. It’s mostly free.
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2 Publicity
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3 Characterized by rapid market expansion as more customers, stimulated by advertising and word-of-mouth, make purchases
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3 Growth Stage
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4 Any paid form of non-personal promotion of ideas, goods, or services.
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4 Advertising
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5 Products become obsolete due to new technology or changing customer tastes or companies may cease all promotion and phase products out quickly.
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5 Decline Stage
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1 Company develops or alters products to meet current and future market demands.
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1 Development Phase
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2 Marketplace becomes saturated with competing products and the number of new customers decreases, causing sales to reach a plateau
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2 Maturity Stage
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3 Uses keywords to trigger ads on the internet
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3 Key word Advertising
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4 Stages in The Product Life Cycle are:
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4 Development Stage – develops products Introduction Stage – educate customers Growth Stage – advertising, word of mouth Maturity Stage – # of new customers decrease Decline Stage – products become obsolete
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5 Know the Advantages & Disadvantages of TV vs Radio Advertising
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1 Elements in Print Advertising – White Space – Illustrations – Headline – Copy – Slogan – Signature
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1 Headline – the phrase or sentence that captures the readers attention, entices them Illustration – the graphic (photograph drawing) element used in an advertisement Copy – the selling message of a written advertisement, should appeal to senses White Space - the unprinted area of a piece of printing, blank space of a poster or newspaper page. Signature – identification symbol for a business, logo
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2 Advantages and Disadvantages of Branding:
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2 Disadvantages of Branding
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3 Common Personal Trait Characteristics for Marketing Jobs:
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3 Articulate clearly Be creative Be personable Be Ambitious Possess a competitive spirit Be optimistic Able to multi-task Be detail oriented Be results oriented Possess strong interpersonal skills Possess effective communication and analytical skills
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4 The 4 Steps to Developing a Career Plan – know them in order.
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4 1. Research Career Opportunities 2. Set Career Goals 3. Develop & educational/professional development plan 4. Carry out the plan
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5 Label the Following ads with: 1.personal sales, 2. publicity, 3. advertising 4. internet ad. Insurance sales News release TV Commercial
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5 1. Personal Sales 2.Publicity 3. Advertising 4. Internet Ad
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