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Questions Covered in This Set
85 cards to master
Sponsorship
A business relationship in which a company pays to be associated with an event, team, or person to gain exposure and goodwill.
Endorsement
When a celebrity or influencer publicly supports a product or brand, transferring their credibility to it.
Licensing
Allowing another company to use a brand’s name, logo, or image on products for a fee (royalty).
Event Marketing
Planning and promoting events to engage target audiences and create brand experiences.
Event Leveraging
Extending marketing exposure before, during, and after an event to maximize sponsorship value.
Sponsorship Activation
Turning sponsorships into fan engagement through promotions, contests, or experiences.
Fan Engagement
Strategies to build emotional and interactive relationships between fans and brands.
Digital Marketing
Using online channels (web, social media, email, search) to reach and influence audiences.
Direct Marketing
Communicating directly with consumers through mail, email, or digital messages to drive immediate action.
Public Relations
Managing how the public perceives a brand through media, communication, and community relations.
Promotion
Communicating information about products to persuade customers to buy or engage.
Promotional Mix
The combination of advertising, sales promotion, PR, personal selling, and direct marketing.
Advertising
Paid, non-personal communication through media to inform and persuade target audiences.
Media Rights
Contracts that allow media companies to broadcast or stream sports and entertainment events.
Dynamic Pricing
Adjusting ticket or product prices in real time based on demand, timing, or consumer data.
Yield Management
Using analytics to sell inventory (like tickets or seats) at the right time and price to maximize profit.
Revenue Streams
The different ways a business earns money (tickets, merchandise, sponsorships, media, concessions).
Break-Even Analysis
Determining the number of sales needed to cover all costs (no profit or loss point).
Return on Investment (ROI)
A ratio that measures the profitability of a marketing campaign or investment.
Brand
A name, logo, or design that identifies a product or company and differentiates it from competitors.
Brand Extension
Using an existing brand name to launch new products or reach new markets.
Brand Positioning
How a brand is perceived in consumers’ minds compared to competitors.
Brand Awareness
The extent to which consumers recognize and recall a brand.
Market Segmentation
Dividing the market into groups with similar characteristics (demographic, geographic, psychographic, behavioral).
Target Market
The specific customer group a business aims to reach with its products and promotions.
Value Proposition
The unique benefit a product or brand promises to deliver to its target customers.
Customer Relationship Management (CRM)
Managing customer interactions to build loyalty and long-term relationships.
Customer Loyalty
The degree to which a customer consistently chooses and supports a brand.
Customer Service
Helping customers before, during, and after purchase to ensure satisfaction and repeat business.
Event Evaluation
Assessing an event’s success using metrics such as attendance, sales, and ROI.
Hospitality
Providing VIP guests, sponsors, or media with special treatment at events.
Premium Seating
High-value tickets offering exclusive amenities or experiences.
Publicity
Free media coverage that draws attention to a brand or event (can be positive or negative).
Cause Marketing
Partnering with charitable causes to enhance brand image and social responsibility.
Community Relations
Efforts to build goodwill through local involvement and support.
Ethics in Marketing
Following moral and professional standards in advertising, promotion, and sponsorship.
Legal Considerations in Marketing
Following laws governing advertising, pricing, contracts, and intellectual property.
Marketing Plan
A written strategy outlining goals, target markets, and the marketing mix.
Marketing Research
Collecting and analyzing data about customers, competitors, and market trends.
Marketing Analytics
Using data and metrics to evaluate and improve marketing performance.
Marketing Mix
The four controllable elements of marketing: Product, Price, Place, and Promotion.
Product Life Cycle
The stages a product goes through from introduction to decline.
Product Mix
The total assortment of products offered by a company.
Product Line
A group of related products sold under one brand.
Pricing Strategies
Methods used to determine price levels that maximize profit while satisfying customers.
Distribution Channels
The paths products take from producer to consumer.
Sales Promotion
Short-term incentives (discounts, contests, giveaways) to encourage purchases.
Personal Selling
Direct interaction between a salesperson and customer to persuade a purchase.
Experiential Marketing
Creating immersive brand experiences that connect emotionally with consumers.
Ticketing Technology
Systems used to sell, track, and manage event ticket sales efficiently.
Influencer Marketing
Partnering with individuals with social followings to promote a product or event.
User-Generated Content (UGC)
Fan-created social content that promotes a brand authentically.
Omnichannel Marketing
Integrating online and offline marketing channels for a seamless customer experience.
Engagement Metrics
Data measuring audience interaction (likes, shares, comments, views).
Conversion Rate
The percentage of users who complete a desired action (buy tickets, register, etc.).
SEO (Search Engine Optimization)
Improving website content to rank higher on search engines.
SEM (Search Engine Marketing)
Paid search engine advertising to increase web traffic and visibility.
Analytics Tools
Software that measures performance (Google Analytics, Sprout Social, etc.).
Cross-Promotion
Partnering with another brand to promote both companies’ products.
Crisis Management
Steps a business takes to manage negative events and protect its reputation.
Corporate Social Responsibility (CSR)
A company’s effort to operate ethically and contribute to society.
Merchandising
Selling branded goods like apparel or souvenirs to increase revenue and visibility.
Media Planning
Selecting channels and timing for advertising campaigns.
Media Buying
Purchasing ad space or broadcast time.
Public-Relations Activities
Strategies to build or maintain a favorable public image.
Audience Measurement
Determining how many people are exposed to or engaged with a campaign or event.
Promotional Plan
A roadmap for coordinating and executing promotional activities.
Creative Brief
A document outlining goals, target audience, and messaging for an ad campaign.
Advertising Layout
The design and visual arrangement of an advertisement.
Typography
The style and appearance of printed text in marketing materials.
Elements of Design
Components like color, balance, contrast, and layout used in marketing visuals.
Color Theory in Advertising
Using colors strategically to trigger emotions or convey brand identity.
Visual Merchandising
Using visual displays to attract attention and boost sales.
Event Risk Management
Identifying and minimizing potential hazards or financial losses during events.
Security Management
Ensuring safety and data protection at events or marketing operations.
Data Security in Marketing
Protecting customer data from unauthorized access or misuse.
Marketing Ethics
Acting with honesty and fairness in all marketing communications.
Customer Data Analytics
Using data to understand buying patterns and preferences.
Loyalty Programs
Reward systems encouraging repeat purchases and brand loyalty.
Sustainability in Events
Reducing environmental impact and promoting eco-friendly practices.
Event Sponsorship Packages
Different levels of sponsor benefits (title sponsor, presenting sponsor, etc.).
Sales Forecasting
Estimating future sales to guide marketing and budgeting decisions.
Consumer Behavior
The study of how and why people make purchase decisions.
Media Scheduling
Determining when and how often ads should run for maximum impact.
Advertising Effectiveness
Measuring how well an ad achieves its objectives (awareness, sales, etc.).