earned media
Examples of earned media in the following topics:
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Social Media Marketing Communications
- Social media serves as a cost-effective communication channel for promoting brands to target audiences.
- The explosion of social media websites has led to the increasingly important practice of social media marketing.
- This results in earned media rather than paid media and both serves as a lead generator and creates favorable publicity for the brand.
- Social media allows marketers to refine their segmentation strategy by reaching a narrow target audience.
- However, these conversations can also be repurposed across other social media and corporate channels.
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Use of New Technologies in Marketing and Research
- Newer technologies, including GPS, DVR's, social media and smart phone applications, are becoming increasingly important.
- Two major tools being used today are customer relationship management systems (CRMs) and social media marketing.
- Social media marketing refers to the process of gaining website traffic or attention through social media sites.
- Hence, this form of marketing is driven by word-of-mouth; this means it generates results in earned media rather than paid media.
- This graphic lists possible uses for social media sites when putting on a business marketing event.
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Social Media
- Social media as a marketing tool is versatile, far-reaching, fast, inexpensive, fosters brand awareness, and can improve customer service.
- Social media marketing refers to the process of gaining website traffic through social networking sites.
- Results come from earned, as opposed to paid media.
- As a marketing tool, social media is distinct from industrial or traditional media, is versatile, far-reaching, fast, relatively inexpensive, fosters brand awareness, and improves customer service.
- Illustrate how social media can be used in the promotional mix
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Brand Loyalty
- Ongoing management and maintenance of brand Facebook pages and other social media
- Online points programs – earn prizes for incremental purchase behavior (e.g., JetBlue's TrueBlue and American Airlines's AAdvantage frequet flyer programs)
- Promotional auctions – bid for prizes with points earned from incremental purchase behavior
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Creating a Media Plan
- The standard media plan covers four stages: stating media objectives, evaluating media, selecting and implementing choices, and determining the budget.
- When choosing the media, you not only need to know which media outlets exist, but also which ones suit your product.
- The standard media plan covers four stages: (a) stating media objectives; (b) evaluating media; (c) selecting and implementing media choices; and (d) determining the media budget.
- The media planner must make media mix decisions and timing directions, both of which are restricted by the available budget.
- The media mix decision involves putting media together in the most effective manner.
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Introduction to the Retained Earning Statement
- The statement of retained earnings explains the changes in a company's retained earnings over the reporting period.
- The retained earnings statement explains the changes in a company's retained earnings over the reporting period.
- The retained earnings statement may appear in the balance sheet, in a combined income statement and changes in retained earnings statement, or as a separate schedule.
- The retained earnings account on the balance sheet represents an accumulation of earnings since net profits and losses are added/subtracted from the account from period to period.
- Ending Retained Earnings = Beginning Retained Earnings − Dividends Paid + Net Income.
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Selective and Differential Media
- Selective media allows for the growth of specific organisms, while differential media is used to distinguish one organism from another.
- Two types of media with similar implying names but very different functions, referred to as selective and differential media, are defined as follows.
- Some examples of selective media include:
- Differential media or indicator media distinguish one microorganism type from another growing on the same media.
- Examples of differential media include:
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Times Interest Earned Ratio
- Times Interest Earned Ratio = (EBIT or EBITDA) / (Required Interest Payments), and is indicative of a company's financial strength.
- Times Interest Earned Ratio = Earnings before Interest and Taxes (EBIT) / Interest Expense.
- Analysts will sometimes use EBITDA instead of EBIT when calculating the Times Interest Earned Ratio.
- Typically, a Times Interest Earned Ratio below 2.5 is considered a warning sign of financial distress.
- The Times Interest Earned Ratio is an indication of a company's overall financial health.
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Education and Industrialization
- Among these are computers in the classroom, a website for every class, class blogs and wikis, wireless classroom microphones, online media, and interactive whiteboards.
- The central idea is that undertaking education is investment in the acquisition of skills and knowledge, which will increase earnings or provide long-term benefits, such as an appreciation of literature.
- Among these are computers in the classroom; a website for every class; class blogs and wikis; wireless classroom microphones; and online media and interactive whiteboards.
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Main Social Networks
- They also offer affiliate and partnership programs that enable content publishers to earn money.
- It offers opportunity for social media measurement, social network aggregation, bookmarking, analytics, automation, media, blog marketing and validation.