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STC 114 FINAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS

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STC 114 FINAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS

Instelling
STC 114
Vak
STC 114

Voorbeeld van de inhoud

STC 114 FINAL EXAM QUESTIONS
WITH CORRECT DETAILED
ANSWERS

ambush marketing - Answer-promotional stunts at events from companies that are not
official sponsors (example: Adidas sponsored the 2012 Olympics but was
overshadowed by Nike)

loyalty programs - Answer-also known as "community programs," reward customers for
continued patronage. help marketers track your purchases

partnership programs - Answer-including co-branding, licensing, and cross-promotions.
ways in which retailers and manufacturers develop marketing communication together

push strategy - Answer-offers promotional incentives for retailers to market a product for
the seller. manufacturer of a product needs to perform to get the product to the
customer. setting up distribution channels and persuading middle men and retailers to
stock your product. before a brand is well-known

pull strategy - Answer-directs marketing communication efforts at consumers and tries
to intensify consumer demand. customer actively seeking out your product. requires a
highly visible brand which can be developed through mass media advertising or similar
tactics

when should certain testing be performed for an IMC campaign? - Answer-before a
campaign goes live, perform concept testing, semiotic testing and pretesting. after a
campaign, measure cumulative communication effects including mental responses to
messages, liking, intent to purchase, and sales

concept testing - Answer-when a simple statement or initial idea is tested on a sample
of the target audience

semiotic testing - Answer-testing the signs, symbols and imagery before it goes live

pretesting - Answer-testing the nearly finished product on a sample

how does one measure effects of an IMC campaigns? - Answer-organizations will
conduct the evaluation research for a fee

which organizations will conduct evaluation research for a fee? - Answer-Ameritest
Google's Adwords

, tracking studies - Answer-you continually conduct studies throughout a campaign and
compare results (example: poll)

scanner analysis - Answer-everything has a barcode and most retail stores have a
barcode scanner. mostly for stores with a rewards/membership program. see what
stores are popular, what time of day your product is being purchased, what else is being
purchased, etc.

single-source research - Answer-similar to field experiments. some organizations
randomly choose homes in America to test commercials within. you don't know it's a
test so you react to it naturally. scanner research is used to see if your exposure to the
message influenced your purchasing

memory tests - Answer-seeks to find out if you can recall specifics about the brand or
the ad and recognition is simply remembering some sort of association

inquiry tests - Answer-How many people have called, online-chatted, e-mailed, used a
coupon, entered a contest or somehow interacted with the company since the start of
the campaign?

page views - Answer-visitors to a site

click through rates - Answer-how many clicked?

cost per lead - Answer-did the click get you paid?

COO effect - Answer-(country-of-origin effect) sometimes, where a product comes from
is respected (example: Italian leather)
sometimes downplayed (example: Coke in other countries)

reverse engineering - Answer-sometimes an idea or product does not transfer and you
need something new

imitation - Answer-producing a virtually identical copy (example: fake bags)

priority in registration - Answer-in Europe and elsewhere, the first firm to register a
trademark is considered the rightful owner

priority in use - Answer-U.S. and Britain: rights are established and maintained through
use. has to be registered of course, and "use" is legally defined and differs by country

interference with trademark - Answer-a foreign government will supersede your
business interests (example: Coke's use of "diet" in European countries)

preemption - Answer-when the law permits wholesale registration of brand names

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Instelling
STC 114
Vak
STC 114

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