Marketing & Social Media

FHNW- BITMr. Flad

FHNW- BITMr. Flad


C. M.
This flashcard set delves into the intricacies of marketing and social media strategies, tailored for university-level understanding. It covers key aspects such as product marketing, customer engagement, and the role of media channels in reaching consumers. The set explores how companies monitor social media, implement systematic approaches, and transmit corporate values through non-promotional dialogues. It also highlights the importance of timing, audience targeting, and the potential pitfalls of social media campaigns. Ideal for marketing students and professionals, this flashcard set provides insights into effective social media usage and its impact on brand communication and customer interaction.
Karten
402
Lernende
6
Sprache
Englisch
Kategorie
Marketing
Stufe
Universität
Erstellt / Aktualisiert
15.09.2020 / 23.11.2024

Lernkarten

Sketch the communication model of Berlo

  1. Source
    1. Communication skills
    2. Attitudes
    3. Knowledge
    4. Social system
    5. Culture
  2. Message
    1. Content
    2. Elements
    3. Treatment
    4. Structure
    5. Code
  3. Channel
    1. Hearing
    2. Seeing
    3. Touching
    4. Smelling
    5. Tasting
  4. Receiver
    1. Communication skills
    2. Attitudes
    3. Knowledge
    4. Social system
    5. Culture

What are communication objectives?

  • awareness objectives, which bring goods and services, products and brands into the consumers’ “latent set”, meaning general awareness
  • acceptability objectives, which bring goods and services, products and brands into the consumers’ accepted short-list (“evoke set”) for a use, purpose or a usage category
  • profiling objectives, which positively differentiate goods and services, products and brands from competing offers.

What does the response hierarchy of models look like?

What are possible advertising objectives?

  • Informative advertising
    • Communicating customer value
    • Building a brand and company image
    • Telling the market about a new product
    • Explaining how a product works
    • Suggesting new uses for a product
    • Informing the market of a price change
    • Describing available services and support
    • Correcting false impressions
  • Persuasive advertising
    • Building brand preference
    • Encouraging switching to a brand
    • Changing customer perceptions of product value
    • Persuading customers to purchase now
    • Creating customer engagement
    • Building brand community
  • Reminder advertising
    • Maintaining customer relationships
    • Reminding consumers that the product may be needed in the near future
    • Reminding consumers where to buy the product
    • Keeping the brand in a customer's mind during off-seasons

 

What are components of the marketing communication mix?

How much does Swiss Media spend on advertising?

  • 34% Online (2100 Mio.)
  • 18% Presse (1117 Mio.)
  • 15% Direct marketing (984 Mio.)
  • 12% TV (774 Mio.)
  • 11% advertising gadgets (706 Mio.)
  • 7% Event sponsoring - live sponsoring , billboards, posters (452 Mio.)
  • 2% radio (151 Mio)
  • 1% paper info (75 Mio.)

 

What is Converged Media?

What three kind of media is there?
 

  1. Earned Media
    1. WOM, Buzz, Foren, External Blogs etc.
    2. High credibility and low control
  2. Owned Media
    1. Website, Blog, Twitter, Facebook, catalogs, flyers, billboards
    2. Medium credibility and medium control
  3. Paid Media
    1. Advertising & Co
    2. Low Credibility and High control

What are consequences of information overload?

There is an average information overlaod of 98%
Average ad to be read takes 40 to 45 seconds - time spent 2 secons.

people can not process that much information and feel overwhelmed by it. Result is distancing

What are goals of integrated communication?

Uniform appearance and greater acceptance

  • Synergies in the use of different communication tools
  • Increase motivation and identification of employees
  • Improved targeting
  • Compliance of internal and external views
  • Competitive differentiation
  • Greater control
  • Reduction of "Information Overload"
  • Realization of cost reduction potentials

What are the benefits of integrated communication and what are the trends?

Trends which underline the growing importance of integrated communication

  • Progressive saturation of markets and harmonization of products. Instead in a product competitive market companies are rather in a communication competition today. Advertising investments rise.
    • Advantages
    • Communicative differentiation in the market
    • Synergy effects in case of use of various instruments
  • Increasing number of channels, media and communication tools.
    • Advantages
    • Increased efficiency through coordination of the various measures
  • Information overload and overstimulation among consumers. Advertising is the longer the more not perceived and customers are less aware.
    • Advantages
    • Higher credibility of advertising
    • Faster and simpler perception of the messages among the target group
    • Higher acceptance among the target group as a result of a uniform appearance.

What is instrumental integration in Marketing communication?

New marketing communications model

  • More targeted, social, and engaging

Integrated marketing communications

  • Integrates and coordinates the company's many communications channels
  • Delivers a clear, consistent, and compelling message about the organization and its brands

 

 

What are the components of integrated communication?

What are the success factors for integrated communication?

  • Consideration of integrated communications as a corporate task
  • Support from the company management, respectively -communication
  • Consideration and integration of all communication tools, including instruments of corporate communications such as Public Relations
  • Developing a strategic communications concept, which targets the perception of stakeholders
  • Inclusion of internal communication
  • Development of communication rules
  • Creating flat hierarchies
  • Promoting interdepartmental cooperation
  • Development of integration awareness among employees
  • Implementation of process controls, for example, using an electronic reporting system
  • Carrying out continuous efficacy and efficiency analyses

What is push marketing vs pull marketing? Describe shortly

Push marketing is information to the customer

Pull marketing customer is looking for the right information

What are the differences between push and pull strategy

Push strategy

  1. Producer
    1. Producer marketing activities (personal selling, trade promotion, other)
  2. Retailers and wholesalers
    1. Reseller marketing activities (personal selling, advertising, sales promotion, other)
  3. Consumer

Pull strategy is recurrent and also known as reverse marketing

  • Consumers demand from
  • Retailers and wholesalers demand from
  • Producers which producer marketing activities (consumer advertising, sales promotion, other) to the
  • Consumers

What kind of E-Terms are there?

How does.a modern customer journey funnel, tunnel, jungle look like?

What are Altimeter's Dynamic Customer Journeys components?

How does the performance marketing look like on sales funnel when considering cross-media, offline & online communication and offsite & onsite e-marketing?

What is the cycle of performace & permission marketing?

  • Define
  • Measure
  • Analyze
  • Improve
  • control

What is the 360 view customer centricity?

What are the three C's of marketing? What are the dimensions of web strategy 1st level

What does the 8 C-Business model of digital platform marketing look lite

What is Targeting?

  • Technical Targeting (z.B. based on IP-Address)
  • Theme based Targeting (surrounding and und theme of Website)
  • Socio demographic Targeting (age, civil status, sex etc.)
  • Geo-Targeting (localization based on IP-Address)
  • Local Search (local.ch, tel.search.ch)
  • Contextual Advertising (appearing in the right themed environment)
  • Keyword-Targeting (advertorial based on key word search)
  • Behavioural Targeting / Interest based Advertising (surfing behaviour)
  • Retargeting (Visitors that were visiting a certain website)
  • weather-Targeting

What is the correlation between richness & reach?

What do you know about Above vs. Below the line?

Above the line (ATL)

Below the line (BTL)

 

ATL -> tv, radio, outdoor, newspaper, magazine -> rating, frequency, brand interaction, rating points, brand lift, reach ____Consumer

BTL -> trade marketing / sampling roads show/ door to door promotion / selling event management, direct mail -> ROI, cost per lead, real metric, new customer, quantifiable lead ---------- Consumer

What are major advertising strategy elements?

Accomplished the company's advertising objectives

Major advertising elements:

  • Creating advertising messages
  • Selecting advertising media

What do you need to consider when creating the advertising message and brand content?

  • Breaking through the clutter
  • Merging advertising and entertainment
  • Message and content strategy
  • Message execution
  • Consumer-generated content

What are the steps in advertising media selection?

Advertising media: Vehicles through which advertising messages are delivered to their intended audiences Steps in advertising media selection:

  • Determining reach, frequency, impact and engagement
  • Choosing among major media types
  • Selecting specific media vehicles
  • Choosing media timing

What are the advantages and limitations of mediums

 

  • Television
  • Digital, mobile, social media
  • newspapers
  •  

Television

  • +
    • Good mass-marketing coverage
    • Low cost per exposure
    • Combines sight, sound, and motion
    • Appealing to the senses
  • -
    • High absolute costs
    • High clutter
    • Fleeting exposure
    • Less audience selectivity

Digital, mobile, and social media

  • +
    • High selectivity
    • Low cost
    • Immediacy
    • Engagement capabilities
  • Limitations
    • Potentially low impact
    • High audience control of content and exposure

Newspapers

  • Advantages
    • Flexibility
    • Timeliness
    • Good local market coverage
    • Broad acceptability and high believability
  • Limitations
    • Short life
    • Poor reproduction quality
    • Small pass-along audience

 

What are the advantages and limitations of mediums

 

  • Direct mail
  • Magazines
  • Radio
  • outdoor

Direct mail

  • Advantages
    • High audience selectivity
    • Flexibility
    • No ad competition within the same medium
    • Allows personalization
  • Limitations
    • Relatively high cost per exposure
    • Junk mail image

Magazines

  • Advantages
    • High geographic and demographic selectivity
    • Credibility and prestige
    • High-quality reproduction
    • Long life and good pass-along readership
  • Limitations
    • Long ad purchase lead time
    • High cost
    • No guarantee of position

Radio

  • Advantages
    • Good local acceptance
    • High geographic and demographic selectivity
    • Low cost
  • Limitations
    • Audio only
    • Fleeting exposure
    • Low attention
    • Fragmented audiences

Outdoor

  • Advantages
    • Flexibility
    • High repeat exposure
    • Low cost
    • Low message competition
    • Good positional selectivity
  • Limitations
    • Little audience selectivity
    • Creative limitations

What should be regularly evaluated by advertisers?

Return on advertising investment: net return on advertising investment divided by the cost of the advertising investment

Advertiser should regularly evaluate

  • Communication effects
  • Sales and profit effects.

What is Advertising?

  • Advertising is defined as any paid form of non personal presentation and promotion of ideas, goods or services by an identified sponsor.
  • Advertising is certainly the most seen part of the promotions mix.
  • Advertising can be traced back to the very beginnings of recorded history with Romans and Phoenicians painting their wares on walls and large rocks.

What are advantages and disadvantages of advertising?

Pros

  • Reaches masses at relatively low cost
  • Projects an image of the advertiser as to how large, popular and successful they are
  • Adds legitimacy to the product
  • Allows repetition of message and competitor comparison
  • Expressive medium, visuals, sound and colour
  • Used to build a long-term image

Shortcomings

  • Impersonal
  • Only one way communication

Define Sales promotion and what are advantages?

Definition:

Sales promotion is a range of tactical marketing techniques designed within a strategic marketing framework to add value to a product or service in order to achieve specific sales and marketing objectives.

 

Advantages:

  • Attracts consumer attention and provides information - strong incentives
  • Invites and rewards quick response

Types of sales promotion

  • Manufacturer to consumer (consumer promotion).
  • Retailer to consumer (merchandising).
  • Manufacturer to intermediary (trade or dealer promotion)
  • Promotion of sales force (staff promotion).

What are major sales promotion tools?

  • Sample: offer a trial amount of a product
  • Coupon: are certificates that give buyers a saving when they purchase specified products
  • Rebates: are similar to coupons except that the price reduction occurs after the purchase (get 10$ back when spending 30$)
  • Price packs: offer consumers savings off the regular price of a product
  • Premiums: goods offered either for free or at a low price
  • Advertising specialties: useful articles imprinted with the advertiser's name, logo, or message that are given as gifts to consumers
  • Point-of-purchase promotion: display and demonstrations that take place at the point of sale
  • Contests & Games: give consumers the chance to win something -- such as cash, trips, or goods -- by luck or through extra effort.
  • Event marketing: creating a brand-marketing event or serving as a sole or participating sponsor of events created by others

 

What is the definition of public relations, what are advantages?

Definition

  • Public relations is defined as the development of good relations with the company’s various publics, by obtaining favourable publicity, building a good ‘corporate image’ and handling or heading off unfavourable rumours, stories and events.
  • ‘The planned and sustained effort to establish and maintain goodwill and mutual understanding between an organization and its publics; customers, employees, shareholders, trade bodies, suppliers, government officials, and society in general.

Advantages

  • Credibility
  • Needs to be used proactively

Give examples for Dialog marketing

  • Dialogmarketing
    • Direct-marketing
      • Tele-marketing
      • mailing
    • Online-marketing
      • Email
      • Social media
      • Mobile marketing
      • Google adwords

Define and name advantages of direct marketing

Direct marketing / Dialog marketing

Definition:

‘Direct marketing is marketing through various advertising media that interact directly with consumers, generally calling for the consumer to make a direct response.’

 

Importance:

Fastest growing form of marketing.

 

Benefits:

  • Convenient and effective.
  • Easy and private.
  • Process is interactive, especially on-line marketing.
  • Powerful tool for customer relationship building.
  • Offers sellers a low cost, fast and efficient alternative for reaching
  • Immediate and direct
  • Can be customised

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