VERSIONS INCLUDED)
MAR3023 Final Exam version 1
Marketing Communications - correct answer Remembering your favorite ad
Overall U.S spending on advertising and promotion - correct answer Less than $40 billion in
1980, rising to $220 billion in 2018
Top Digital advertisers - correct answer Google
Where Advertising spending occurs - correct answer Cable tv, Network tv, magazines,
newspapers, internet, radio
Top Advertisers - correct answer Comcast $6 bil
AT&T
Amazon
P&G
GM
Disney
Advertising - correct answer A paid, non-personal communication about an organization and
its products transmitted to a target audience through mass media
Personal Selling - correct answer A paid, personal communication that seeks to inform
customers and persuade them to purchase products in an exchange situation
Public Relations - correct answer A broad set of communication efforts used to create and
maintain favorable relationship between an organization and its stakeholders
Sales Promotion - correct answer An activity or material that acts as a direct inducement
offering added value or incentive for the product to resellers, salespeople, or customers; free
samples, games, rebates, sweepstakes, contests, coupons
Integrated marketing communications - correct answer Coordination of promotion and
marketing efforts for maximum impact
ex: traditional marketing, promotions, web/media
Traditional Promotion Mix - correct answer Media Advertising; Point of purchase, publicity,
special events, packaging, direct marketing, interactive marketing, direct response
,MAR 3023 FINAL EXAM 400+ QUESTIONS WITH ALL VERIFIED ANSWERS (3 BEST
VERSIONS INCLUDED)
IMC - correct answer integrated marketing communications
Goals of IMC - correct answer *Consistent* messages with customers
*Coordinated*
*Complementary* to make a greater campaign
*Continuity* usage of promotional tools overtime
2 General Promotion Strategies - correct answer Push and Pull Policy
Push Policy - correct answer Promoting a product only to the next institution down the
marketing channel
Marketing Channel - correct answer Producer promotes product to wholesalers --->
wholesalers promote to retailers ---> retailers promote to consumers
Push Money - correct answer Also known as "spiffs" - an extra commission paid to retail
employees to push products
Pull Policy - correct answer Promoting a product directly to consumers to develop strong
demand that pulls products through the marketing channel
ex: children's toys
Communication Process - correct answer The process that describes the exchange of
information between two or more people
ex: email, phone, in person
Elements in the communication process - correct answer Source (has info)--->Encoding
information--->Message development--->Communications Channel (medium)--> Decoding the
message-->Receiver-->Feedback
The Source - correct answer The person or organization that has information to share
Ex; company, salesman
Q-Scores - correct answer Measure of familiarity and liking/ the number of respondents who
indicate they're a favorite, or negative Q-Scores who tell us who is disliked
Ecoding - correct answer The process of putting words, thoughts, messages into symbolic
form in such a way that they will be understood by the receiver/consumer
The channel - correct answer How the communication travels from the source to the
receiver
,MAR 3023 FINAL EXAM 400+ QUESTIONS WITH ALL VERIFIED ANSWERS (3 BEST
VERSIONS INCLUDED)
Non personal channels - correct answer No personal contact with the consumer
ex: email
Personal Channels - correct answer Involves direct contact
ex: Salesman
Buzz Marketing - correct answer A subset of "viral marketing" wherein companies hire
socially active consumers to promote products to their friends, relatives, and acquaintances
-consumers are typically unaware that this person is on payroll
Decoding - correct answer The process of transforming the message back into thought. They
key is for the decoded message to resemble the encoded message
Noise - correct answer Anything that interferes with or distorts the message
Decoding gone wrong - correct answer "touch woody - the internet pecker"
unintentional messages
Feedback - correct answer The final piece of the communication process - the receiver's
response to the message
- can be difficult to asses
Response Models - correct answer Describe the process that receivers must go through
before a desired behavior occurs
Each model has 3 successive stages - correct answer Cognitive - "thinking" stage. receiver
becomes aware
Affective - "feeling" stage. receiver forms a liking or disliking
Behavioral - "doing" stage. receiver acts on their preference
AIDA Model - correct answer Attention, Interest, Desire, Action - developed for personal
selling, represents the stages a salesperson must take a customer through to induce a purchase
What is Advertising? - correct answer A paid form of nonpersonal communication that is
transmitted to a target audience through mass media
-effective advertising can influence customers purchasing behavior throughout their lifetimes
The first ads - correct answer - Newspaper (1704)-Bofton Newspaper
- P&G (1882) -Ivory soap
, MAR 3023 FINAL EXAM 400+ QUESTIONS WITH ALL VERIFIED ANSWERS (3 BEST
VERSIONS INCLUDED)
- Coca-Cola (1886)
- Automobile (1898) ($1,000)
- Radio - Apartments (1992)
- Television (1941) -Bullava
- Banner ad (1994) - Wired.com
- Facebook (2004)
Advertising Mediums - correct answer Movies, TV, video games
Newspaper, direct mail, magazines
Sports
Internet
How many ads does the average American see each day? - correct answer 3,000
Types of Advertising - correct answer product advertising, pioneer advertising, competitive
advertising retail and local advertising
Product advertising - correct answer Promotes the uses, features, and benefits of specific
products
Pioneer Advertising - correct answer Focuses on a product category
Competitive Advertising - correct answer Points out a brands advantages relative to
competing brands
Three types of competitive ads - correct answer comparative, reminder, reinforcement
Comparative Ads - correct answer Compares two or more brands on one or more
characteristics
Reminder advertising - correct answer Reminds customers of an established brands
characteristics and benefits
Reinforcement Ads - correct answer Assures current users they have made the right choice
Advocacy Ads - correct answer Conveys a firms position on a public issue
Cutting through the clutter - correct answer Customers are avoiding ads, so companies are
going to great length to reach customers, embedded messages in programs, "the idea is to not
look and feel like ads"