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Marketing Essentials - Chapter 19 - Advertising

AB
promotional advertisingadvertising that is designed to increase sales
institutional advertisingattempts to create a favorable impression & goodwill for a business or organization
mediathe agencies, means, or instruments used to convey advertising messages to the public
print mediawritten advertising---newspapers, magazines, direct mail, signs & billboards
broadcast mediaradio and television
online advertisinginvolves placing advertising messages on the Internet
banner adusually a wide-shallow rectangle seen at the top or bottom of Web pages, which takes the user to the advertiser's web page
specialty mediarelatively inexpensive, useful items with an advertiser's name printed on them
cost per thousandthe media cost for exposing 1,000 readers to an ad
network radio advertisingis a broadcast from a studio to all affiliated radio stations in the country
national spot radio advertisingused by national firms to advertise to a local station-by-station basis
local radio advertisingdone by a local business for its target audience
cooperative advertisinga cost-sharing arrangement whereby both a supplier & a local advertiser pay for advertising
advertising media categoriesprint, broadcast, specialty
direct mail advertisingsent by businesses directly to prospective customers
three factors affecting newspaper rateslocation, color, & frequency
open ratebasic charge
contract rateprovides a discount based on volume
Cost of ad x 1,000formula for figuring cost per thousand (CPM) circulation rate
advertisingany paid form of non-personal promotion
two forms of broacast advertisingradio & television
six types of print medianewspaper, magazine, direct mail, outdoor, directory & transit advertising
location, color, & frequency3 factors that affect newspaper rates
time of daydetermines TV & radio rates for ads
product, lifestyles, media available3 factors that affect the selection of promotional media
4 general categories of advertising mediaprint, broadcast, online, specialty
6 types of print medianewspaper, magazine, direct mail, directory, outdoor, & transit ads
advantages of newspaper advertisinglarge readership, reader involvement, lower costs, 24-48 hr. lead time
disadvantages of newspaper advertisingwasted circulation, short life of ads, poorer quality
why is outdoor ads losing its popularity?mars scenic views & causes traffic safety concerns
objective & task methodmost effective way to create a promotional budget


Business Classes
Deer Park High School
Deer Park, NY

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