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Vocabulary practice flashcards covering key definitions, concepts, and comparisons from Chapters 1 through 8 of the Integrated Marketing Communications course notes.
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Communication
The process where individuals share meaning and establish a commonness of thought.
Marketing Communications
All elements of a firm's marketing mix that facilitate exchange by establishing shared meaning with customers.
Marketing Mix
The 4 Ps: product, price, place, and promotion.
Promotional Mix
Advertising, public relations, sales promotion, personal selling, direct marketing, and digital/social media.
Promotion Management
Coordinating promotional mix elements through objectives, budgets, program design, evaluation, and corrective action.
Promotion Objectives
Inform, persuade, and Induce Action
Integrated Marketing Communications (IMC)
Coordinating promotional tools with each other and with the marketing mix so all elements speak with one voice.
Synergy
Multiple communication tools working together to create better results than the tools used individually.
EX: A TV ad, social media posts, and in-store displays all use the same campaign
5 IMC features
Start with the consumer
Use relevant touch points
Speak with one voice
Build Relationships
Affect Behavior
Paid Media
A channel the company pays to use, such as a paid Instagram ad.
Owned Media
A channel the company controls, such as its website or email list.
Earned Media
Exposure received from others, such as reviews, shares, word-of-mouth, or news coverage.
Micromarketing
Customizing products and communications for smaller segments.
Brand
A name, term, sign, symbol, design, or combination that identifies a seller and differentiates it from competitors.
Brand Equity
The goodwill an established brand has built over time.
Trade Dress
A product's appearance and image, including packaging, labeling, shape, color, sounds, design, lettering, and style.
EX: Coca-cola’s recognizable red-and-white packaging
Revenue Premium
Extra revenue earned because customers pay more for a branded product than for a comparable private-label product.
Firm-Based Brand Equity
Brand value outcomes for stakeholders such as consumers, retailers, wholesalers, suppliers, and employees.
Customer-Based Brand Equity
Brand value created by familiarity and strong, favorable, unique associations in consumers' memories.
Brand Awareness Pyramid
Unawareness → recognition → recall → top-of-mind awareness (TOMA).
Functional Needs
Solving a practical problem, such as a vacuum cleaner removing dirt.
EX: A vacuum cleaner removing dirt
Symbolic Needs
Needs related to status, identity, self-enhancement, group membership, or belonging.
EX: A luxury watch communicating status
Experiential Needs
Needs for sensory pleasure, variety, fun, or cognitive stimulation.
EX: Buying an exciting vacation experience
Brand Personality
Human characteristics associated with a brand.
Five Brand Personalities
Sincerity, excitement, competence, sophistication, and ruggedness.
Co-Branding
A partnership between two brands.
Ingredient Branding
One brand is included as a component of another product, such as Intel Inside.
ROMI - Return on Marketing Investment
Measures whether marketing creates a reasonable return relative to its investment.
Product Adoption
The introduction and acceptance of new ideas, including new brands.
Relative Advantage
How much better an innovation is perceived to be than the current option.
Compatibility
How consistent an innovation is with existing values, experiences, habits, and needs.
Complexity
How difficult an innovation is perceived to be.
Trialability
The ability to try an innovation before fully committing.
EX: Free streaming trial
Observability
How easily the positive effects of an innovation can be seen.
Brand Name
A unique designation or trademark distinguishing an offering from competitors.
Good Brand Name
Differentiates, helps learning, fits the image, is memorable/easy to pronounce, and works globally.
Logo
A graphic design element related to a brand name. Good ___ are recognizable, meaningful, positive, balanced, and updatable.
Patent
Protects inventions or technology; lasts for a 20-year term.
Copyright
Protects tangible expression of an idea, not the idea itself; lasts for the life of author plus 70 years.
Trademark
Protects brand/product identification and is renewable in 10-year periods.
Brand Naming Process
5 step process: 1. Specify objectives for the brand name, 2. Create candidate brand names, 3. Evaluate candidate names, 4. Choose a brand name, 5. Register a trademark
Green Marketing
Responding to environmental/sustainability concerns through environmentally oriented products and promotional programs.
Legitimate Green Marketing
Should improve environmental quality and meet customer needs.
Greenwashing
Bogus, misleading, or exaggerated environmental marketing claims.
EX: Calling a shirt eco-friendly because it contains 5% recycled material while hiding the rest.
Environmental Packaging Response
Recyclable bottles, paperboard instead of polystyrene, cardboard instead of plastic, and smaller packages.
Seal of approval programs
Programs helping consumers identify environmentally friendly products, such as EPA Safer choice or Rainforest packages
FTC - Federal Trade Commission
Regulates advertising, environmental claims, packaging claims, and online marketing claims.
FDA - Food and Drug Administration
Regulates food, drug, and tobacco packaging/labeling and prescription drug advertising.
Lanham Act
Allows companies to sue one another over false claims.
Self Regulation
Industry oversight through groups such as NAD, NARB, and CARU
NAD - National Advertising Division
Reviews advertising claims and helps determine whether advertising is truthful and accurate
NARB - National Advertising Review Board
Reviews appeals of NAD decisions
CARU - Children's Advertising Review Unit
A self-regulatory program that reviews advertising directed at children.
Deception
A representation, omission, or practice likely to mislead a reasonable consumer and material to the consumer's choice.
Corrective Advertising
Future advertising used to correct deceptive impressions.
Ethics
Questions of right and wrong or moral conduct in marketing communications.
Segmentation
Identifying bases for dividing a market and developing profiles of the resulting segments.
Targeting
Evaluating segment attractiveness and selecting target segment(s).
Positioning
Developing a position for each target segment and creating a marketing mix for each target.
Behavioral Segmentation
Dividing consumers by how they behave toward a product category.
Psychographics
Attitudes, values, motivations, and lifestyles related to buying behavior.
Geodemographics
Geographic clusters whose residents also share demographic and lifestyle similarities.
Online Behavioral Targeting
Tracking online behavior to serve targeted ads; raises privacy concerns.
Five Effective Segmentation Criteria
Measurable, substantial, accessible, differentiable, and actionable.
Undifferentiated Marketing
One strategy for the entire market
Differentiated Marketing
Different strategies for multiple segments
Concentrated Marketing
Focusing on one or a small number of segments
Benefit Positioning
Positioning around the benefit received
Attribute positioning
Positioning around a product feature.
VALS
Psychographic Segments
VALS: Innovators
Successful, sophisticated, take-charge, high self-esteem
VALS: Thinkers
Mature, satisfied, reflective; value order, knowledge, and responsibility
VALS: Believers
Conservative and conventional; guided by traditional beliefs and community
VALS: Achievers
Goal-oriented; motivated by achievement and committed to career and family
VALS: Strivers
Trendy and fun-loving; motivated by achievement and committed to cereer and family
VALS: Experiencers
Young, enthusiastic, impulsive; motivated by self-expression and new experiences.
VALS: Makers
Motivated by self-expression and working on the world around them.
VALS: Survivors
Few resources; prefer familiarity and focus on safety and security.
General communication objectives
Build category wants, create awareness, enhance brand attitudes, influence purchase intention, and facilitate purchase.
Encoding
Putting a thought into symbolic form, such as words, images, symbols, or nonverbal cues.
Decoding
Transforming message symbols back into thought.
Semiotics
The study of meaning and meaning-producing events.
Socialization
Learning cultural values, beliefs, and physical cues representing those values
Signal
A product feature where the product is a cause or effect of something else
EX: SUVs signaling large families
Sign
An association where the product and referent belong to the same cultural context.
EX: SUVs may be associated with suburbs and upper-middle-class families
Symbol
An association created even though the product and object had no prior relationship.
EX: Ford trucks and a tough-guy image.
Simile
A comparison using like or as.
EX: a brand is like a rock
Metaphor
A direct comparison without using like or as.
EX: Breakfast of champions
Allegory
An extended metaphor where a story or character represents a larger meaning.
Consumer Processing Model (CPM)
A model assuming consumer behavior is rational, highly cognitive, systematic, and reasoned.
Hedonic, Experiential Model (HEM)
A model assuming consumer behavior is driven by emotions in pursuit of fun, fantasies, and feelings.
More Exposure Hypothesis
Repeated exposure increases familiarity and may create positive feelings
Attention Factors
Stimulus intensity, novelty, past experience, needs, expectations, and values.
8 Stages of Information Processing
Exposure to information, 2. Selective attention, 3. Comprehension, 4. Agreement, 5. Retention in Memory, 6. Retrieval, 7. Consumer Decision-making, 8. Action
Cognitive
Knowledge, thoughts, and beliefs
Affective
Feelings and evaluations.
High-Involvement Hierarchy
Cognition → affect → conation (think, feel, do).
Low-Involvement Hierarchy
Minimal cognition → conation → affect (limited thinking, act/try, then develop feelings).
6 Tools of Persuasion Influence
Reciprocation, Commitment, social proof, authority, liking, scarcity.
Reciprocation
Free samples or gifts create a desire to return a favor.