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*lmmW                                                                                                                                                                               Wm€H^^
                     Advertising                                                                                 and                                                      KI^^lSl^
                     Rublic Relations


 KEEY TERM!                                           KE5Y                     CONCEPTS


 L01        advertising response
            function a phenomenon
                                                                         Discuss the effects of advertising on market share and consumers.
                                                                 Advertising helps marketers increase or maintain brand awareness and,
             in which spending for
                                                                 subsequently, market share. Typically, more is spent to advertise new brands
advertising and sales promotion                       with a small market share than to advertise older brands. Brands with a large market share
increases sales or market share up
                                                      use advertising mainly to maintain their share of the market. Advertising affects consumers'
to a certain level but then produces
                                                      daily lives as well as their purchases. Although advertising can seldom change strongly held
diminishing returns
                                                      consumer attitudes and values, it may transform a consumer's negative attitude toward a
                                                      product into a positive one. Additionally, when consumers are highly loyal to a brand, they
 L0 2     institutional
                                                      may buy more of that
          advertising a form of
          advertising designed to                     brand when advertising
enhance a company's image rather                      is increased. Finally,
than promote a particular product                     advertising can also
 product advertising a form of                        change the importance
 advertising that touts the benefits of                of a brand's attributes                             Return on
                                                                                                          advertising
 a specific good or service                            to consumers. By                                    expense
                                                                                                          (in sales
 advocacy advertising a form of                       emphasizing different                               or market
                                                                                                          share)
 advertising in which an organization                 brand attributes,
 expresses its views on controversial                 advertisers can change
 issues or responds to media attacks                  their appeal in response
                                                                                                                                                                  Money spent
 pioneering advertising a form                        to consumers' changing
                                                                                                                                                            jL. change negative attitudo to positive
 of advertising designed to stimulate                  needs or try to achieve                                                        Advertising i
                                                                                                                                                            _£. reinforce positive attitude
                                                                                                                                                            -£- affect how consumers rank brand
 primary demand for a new product or                  an advantage over                                                                                          attributes
                                                                                                           © C E N G A G E L E A R N I N G 2 0 11
 product category                                     competing brands.
 competitive advertising a form
 of advertising designed to influence
                                                                   Identify the major types of advertising. Advertising is any form of
 demand for a specific brand
                                                                   nonpersonal, paid communication in which the sponsor or company is identified.
 comparative advertising a form                                    The two major types of advertising are institutional advertising and product
 of advertising that compares two or
                                                      advertising. Institutional advertising is not product oriented; rather, its purpose is to foster a
 more specifically named or shown
                                                      positive company image
 competing brands on one or more
                                                      among the general
 specific attributes                                                                                                                   Maturity
                                                      public, investment
                                                      C o m m u n i t y, C U S t O m e r S , - < I n s t i t u t i o n a l a d v e r t i s i n g ( p r o m o t e c o m p a n y r a t h e r t h a n p r o d u c t )
 L0 3         advertising campaign
              a series of related                     and employees. Product
              advertisements focusing                 advertising is designed
 on a common theme, slogan, and set                   mainly to promote
 of advertising appeals                               goods and services,
 advertising objective a specific                      and it is classified into
 communication task that a campaign                   three main categories:
 should accomplish for a specified                     pioneering, competitive,
 target audience during a specified                    and comparative. A
 period                                               product's place in the                                                   Stimulate
                                                                                                                               demand
 advertising appeal a reason for a                    product life cycle is a
 person to buy a product                              major determinant of                                 © C E N G A G E L E A R N I N G 2 0 11

 unique selling proposition a                         the type of advertising
 desirable, exclusive, and believable                 used to promote it.
 advertising appeal selected as the
 theme for a campaign


   20I2 ("engage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly <
Lamb n17

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Lamb n17

  • 1. V *lmmW Wm€H^^ Advertising and KI^^lSl^ Rublic Relations KEEY TERM! KE5Y CONCEPTS L01 advertising response function a phenomenon Discuss the effects of advertising on market share and consumers. Advertising helps marketers increase or maintain brand awareness and, in which spending for subsequently, market share. Typically, more is spent to advertise new brands advertising and sales promotion with a small market share than to advertise older brands. Brands with a large market share increases sales or market share up use advertising mainly to maintain their share of the market. Advertising affects consumers' to a certain level but then produces daily lives as well as their purchases. Although advertising can seldom change strongly held diminishing returns consumer attitudes and values, it may transform a consumer's negative attitude toward a product into a positive one. Additionally, when consumers are highly loyal to a brand, they L0 2 institutional may buy more of that advertising a form of advertising designed to brand when advertising enhance a company's image rather is increased. Finally, than promote a particular product advertising can also product advertising a form of change the importance advertising that touts the benefits of of a brand's attributes Return on advertising a specific good or service to consumers. By expense (in sales advocacy advertising a form of emphasizing different or market share) advertising in which an organization brand attributes, expresses its views on controversial advertisers can change issues or responds to media attacks their appeal in response Money spent pioneering advertising a form to consumers' changing jL. change negative attitudo to positive of advertising designed to stimulate needs or try to achieve Advertising i _£. reinforce positive attitude -£- affect how consumers rank brand primary demand for a new product or an advantage over attributes © C E N G A G E L E A R N I N G 2 0 11 product category competing brands. competitive advertising a form of advertising designed to influence Identify the major types of advertising. Advertising is any form of demand for a specific brand nonpersonal, paid communication in which the sponsor or company is identified. comparative advertising a form The two major types of advertising are institutional advertising and product of advertising that compares two or advertising. Institutional advertising is not product oriented; rather, its purpose is to foster a more specifically named or shown positive company image competing brands on one or more among the general specific attributes Maturity public, investment C o m m u n i t y, C U S t O m e r S , - < I n s t i t u t i o n a l a d v e r t i s i n g ( p r o m o t e c o m p a n y r a t h e r t h a n p r o d u c t ) L0 3 advertising campaign a series of related and employees. Product advertisements focusing advertising is designed on a common theme, slogan, and set mainly to promote of advertising appeals goods and services, advertising objective a specific and it is classified into communication task that a campaign three main categories: should accomplish for a specified pioneering, competitive, target audience during a specified and comparative. A period product's place in the Stimulate demand advertising appeal a reason for a product life cycle is a person to buy a product major determinant of © C E N G A G E L E A R N I N G 2 0 11 unique selling proposition a the type of advertising desirable, exclusive, and believable used to promote it. advertising appeal selected as the theme for a campaign 20I2 ("engage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly <