Marketing Principles, Channels, and Customer Retention

0.0(0)
Studied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/52

flashcard set

Earn XP

Description and Tags

Comprehensive vocabulary flashcards covering communication channels, strategic marketing frameworks, core marketing functions, and customer satisfaction and retention methods.

53 Terms

1
New cards

Cinema Advertising

A promotional channel characterized by high sensory impact (giant screens, surround sound, undivided focus) and film genre targeting, limited by confined moviegoer reach, infrequent viewing, and high expense.

2
New cards

Magazine Advertising

A promotional channel offering direct access to specialist hobbyist niches and an extended shelf-life for repeated viewing, but constrained by high placement costs for glossy full-color pages and long lead times.

3
New cards

Word-of-Mouth

An authentic advocacy communication method requiring zero media spend and carrying high peer credibility, but offering zero message control and carrying the risk of viral negative feedback.

4
New cards

Announcements

A communication method providing direct venue reach with fast turnaround and minimal lead time, but restricted strictly to gathered individuals and vulnerable to ambient noise and inattention.

5
New cards

Strategic Channel Selection Framework

An evaluative process assessing seven critical factors—method cost, budget size, audience size, distribution ease, customer profile, product type, and competitor actions—to balance channel trade-offs against business goals.

6
New cards

Method Cost

A financial marketing factor that evaluates how expensive an advertising slot or channel space is to purchase.

7
New cards

Distribution Ease

A delivery consideration assessing the speed and operational simplicity required to launch a promotional message live.

8
New cards

Message Content Planning

The foundational stage of campaign design that determines what information to communicate, the target audience, message clarity, and alignment with brand identity.

9
New cards

Call to Action

The component of distribution and impact planning that specifies the exact response or physical action expected from the customer.

10
New cards

Leaflets & Flyers

A tangible, cost-effective physical marketing medium that enables direct neighborhood geographic targeting, but often suffers from low engagement as junk mail and leaves an environmental footprint.

11
New cards

Posters & Billboards

High-visual-impact display media placed in high-traffic hubs for frequent daily exposure, limited by brief drive-by interaction times, constrained message length, and weather durability issues.

12
New cards

Newspaper Advertising

A traditional print channel that reaches mass audiences across broad demographics with reference longevity, but carries prohibitive costs for smaller operations and faces shifting, older-skewing reader demographics.

13
New cards

Brand Sponsorship

A marketing strategy that associates an enterprise with beloved teams or events to build brand equity and access niche audiences, offset by premium pricing and corporate reputation risks during scandals.

14
New cards

Identifying Customer Needs

The core marketing function of gathering market research insights through surveys, focus groups, and sales data to understand what customers want and shape products accordingly.

15
New cards

Anticipating Future Trends

The core marketing function of analyzing consumer shifts and market patterns to adapt product and service offerings before competitors do.

16
New cards

Satisfying Customers

The core marketing function of providing offerings at the right time, place, and price to fulfill expectations, build trust, and encourage repeat purchases.

17
New cards

Customer Satisfaction

The extent to which customers are pleased with the products and services provided by an enterprise.

18
New cards

Number of Sales (as a satisfaction metric)

A rapid performance indicator where rising figures suggest customer happiness, though external factors can also influence the totals.

19
New cards

Questionnaires & Surveys

Customer evaluation tools delivered face-to-face, on paper, or electronically to gather direct feedback on satisfaction levels and identify areas needing improvement.

20
New cards

Complaints & Returns

Business metrics where elevated volume signals customer dissatisfaction, requiring rapid resolution to protect enterprise reputation.

21
New cards

Customer Feedback Tools

Qualitative inquiry mechanisms—such as suggestion boxes, comment cards, mystery shoppers, and focus groups—used to gain deep insights into customer needs and expectations.

22
New cards

Customer Retention

The practice of maintaining ongoing customer satisfaction and repeat visits to secure sustainable business growth.

23
New cards

Trained Staff

An internal retention investment providing knowledgeable, helpful employees capable of resolving issues and building customer trust across touchpoints.

24
New cards

After-Sales Services

Post-purchase customer support provisions—including credit, delivery, and guarantees—used to maintain long-term loyalty and repeat business.

25
New cards

Loyalty Rewards

Retention incentives such as loyalty cards, targeted discounts, and special offers designed to encourage customer returns and recommendations.

26
New cards

Online & Social Media Advertising

A digital promotional medium offering global reach, dynamic editing, and two-way interaction, challenged by consumer ad avoidance and market saturation.

27
New cards

Television Advertising

A broadcast advertising medium characterized by massive audience scale, high creative impact, and strategic placement, limited by extreme financial expense and ad-skipping technology.

28
New cards

Radio Advertising

A broadcast medium providing cost-efficient demographic targeting, constrained by an audio-only format and fleeting message retention.

29
New cards

Cinema Advertising

A marketing communication channel featuring high sensory impact (giant screens, surround sound, undivided focus) and film genre targeting, but limited by confined moviegoer reach, infrequent viewing, and high production and distribution expense.

30
New cards

Magazine Advertising

A print channel that delivers direct access to specialist niche hobbyists and extended shelf-life via durable print quality, offset by high placement costs for glossy full-color pages and long lead times requiring months of advance booking.

31
New cards

Word-of-Mouth

An authentic advocacy communication method requiring zero ad space expenditure and providing high peer credibility, but carrying zero enterprise control over message distortion and the viral risk of negative customer critiques.

32
New cards

Announcements (Marketing Channel)

A direct venue communication method offering fast turnaround and immediate targeting of gathered groups, but limited strictly to individuals physically present and prone to inattention caused by ambient noise.

33
New cards

Strategic Channel Selection Framework

A seven-factor evaluation model used to match promotional methods to business goals: Method Cost, Budget Size, Audience Size, Distribution Ease, Customer Profile, Product Type, and Competitor Actions.

34
New cards

The Message (Marketing Foundations)

The pre-distribution planning stage where an enterprise maps out Content (what to communicate), Audience (intended recipient), Clarity (simple, direct, and memorable), and Identity (brand core values and goals).

35
New cards

Distribution & Impact Planning Factors

Four operational considerations for marketing delivery: Placement (physical distribution location), Channel Fit (matching the target audience), Frequency (exposure count), and Call to Action (expected customer response).

36
New cards

Leaflets & Flyers

A tangible physical marketing medium that is cost-effective to mass-produce and geographically targetable to specific neighborhoods, but prone to low engagement as junk mail and creating an environmental footprint through litter.

37
New cards

Posters & Billboards

Large-format displays providing high visual impact, high commute exposure frequency, and location targeting in traffic hubs, but constrained by brief passerby interaction, limited message length, and weather-related durability issues.

38
New cards

Newspaper Advertising

A print medium offering mass audience reach, broad demographic appeal across age groups, and reference longevity via cutouts, but limited by prohibitive costs in major publications and declining readership among younger demographics.

39
New cards

Brand Sponsorship

A promotional arrangement that secures niche audience access and builds brand equity by linking a brand name to beloved events or teams, accompanied by premium pricing and corporate reputation risks if the sponsored party faces scandal.

40
New cards

Identifying Customer Needs

A core function of marketing in which enterprises use market research—such as surveys, focus groups, and sales data—to gather consumer insights and shape products or services accordingly.

41
New cards

Anticipating Future Trends

A core function of marketing involving the analysis of market trends and consumer behaviour shifts to adapt business offerings before competitors do.

42
New cards

Satisfying Customers

A core function of marketing that ensures products and services are available at the right time, in the right place, and at the right price to build trust and encourage repeat purchases.

43
New cards

Enterprise Aims of Marketing

Strategic business objectives divided into Awareness & Brand (raising customer awareness, building/maintaining brand loyalty, improving company image) and Growth & Competition (increasing/defending sales and profit, competing effectively, reaching target markets).

44
New cards

Customer Satisfaction

The extent to which customers are pleased with the products and services provided by an enterprise.

45
New cards

Number of Sales (Satisfaction Indicator)

A quick quantitative indicator of customer satisfaction where rising sales figures suggest customers are pleased, though external factors may also influence performance.

46
New cards

Questionnaires & Surveys

Direct satisfaction-measurement tools administered face to face, on paper, or electronically to capture customer feedback and identify areas for enterprise improvement.

47
New cards

Complaints & Returns

Operational metrics where elevated levels signal customer dissatisfaction; resolving these issues quickly protects the enterprise's reputation.

48
New cards

Customer Feedback Tools

Qualitative instruments—specifically suggestion boxes, comment cards, mystery shoppers, and focus groups—used to gain deeper insights into customer needs and expectations.

49
New cards

Methods of Retaining Customers

Four primary retention strategies used to sustain business growth: Improved Quality (exceeding expectations), Customer Service (helpful touchpoints), Wider Product Range (appealing to diverse preferences), and Trained Staff (building trust through knowledgeable resolution).

50
New cards

Customer Service & Support Strategies

Practices used to maintain customer loyalty before, during, and after a sale, including after-sales services (credit, delivery, guarantees), quick complaint resolution, detailed product information, regular communication, loyalty rewards, and requesting feedback.

51
New cards

Online & Social Media Advertising

A digital marketing medium offering two-way engagement, global reach, and dynamic editing, but challenged by user ad avoidance and saturated markets.

52
New cards

Television Advertising

A broadcast promotional channel providing massive audience scale, high creative impact, and strategic placement, offset by extreme financial cost and ad-skipping technology.

53
New cards

Radio Advertising

An audio broadcast medium characterized by demographic targeting and cost efficiency, but limited by audio-only communication and fleeting message retention.