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Marketing (Fach) / Definitions (Lektion)

Definitions

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  • Media Mix: : The combination of media to be used for a promotional campaign
  • Cost per Contact The cost of reaching one member of the target market
  • Reach The number of target consumers exposed to a commercial at least once during a specific period, usually four weeks
  • Frequency The number of times an individual is exposed to a given message during a specific period.
  • Audience Selectivity The ability of an advertising medium to reach a precisely defined market.
  • Public Relations The marketing function that evaluates public attitudes, identifies areas within the organization that the public may be interested in, and executes a program of action to earn public understanding and acceptance
  • Publicity Public information about a company, good, service, or issue appearing in the mass media as a news item.
  • Product Placement A public relations strategy that involves getting a product, service, or company name to appear in the media, on the internet, or at special events.
  • Sponsorship: A public relations strategy in which a company spends money to support an issue, cause, or event that is consistent with corporate objectives, such as improving brand awareness or enhancing corporate image.
  • Crisis Management A coordinated effort to handle all the effects of unfavourable publicity or of another unexpected unfavourable event
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  • Sales Promotion Marketing communication activities, other than advertising, personal selling, and public relations, in which a short-term incentive motivates a purchase
  • Consumer Sales Promotion Sales promotion activities targeting the ultimate consumer
  • Coupon A certificate that entitles consumer to an immediate price reduction when they buy the product.
  • Rebate A cash refund given for the purchase of a product during a specific period
  • Premium An extra item offered to the consumer, usually in exchange for some proof of purchase of the promoted product
  • Loyalty Marketing Program : A promotional program designed to build long-term, mutually beneficial relationships between a company and its key customers.
  • Sampling: A promotional program that allows the consumer the opportunity to try a product or service for free
  • Point-of-Purchase Display (P-O-P): a promotional display set up at the retailer’s location to build traffic, advertise the product, or induce impulse buying
  • Personal Selling Planned presentation to one or more prospective buyers for the purpose of making a sale.
  • Relationship Selling A sales practice that involves building, maintaining, and enhancing interactions with customers in order to develop long-term satisfaction through mutually beneficial partnerships.