Author Question: Which criterion cannot be measured objectively but involves a subjective assessment of whether a ... (Read 51 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
Which criterion cannot be measured objectively but involves a subjective assessment of whether a promotion has enhanced a brand's image or possibly detracted from it?
 a. expense
  b. efficiency
  c. execution ease
  d. equity enhancement
  e. effectiveness enhancement

Question 2

Describe the various forms of advertising agency compensation.



zenzy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

d

Answer to Question 2

There are three basic methods by which clients compensate agencies for services rendered:
1 . Commissions from media. Historically, U.S. advertising agencies charged a standard commission of 15 percent of the gross amount of billings. The 15 percent compensation system has been a matter of some controversy, and today only a fraction of advertisers still pay a 15 percent commission. Rather, a reduced commission system has experienced increased usage.
2 . Labor-based fee system. With this method, agencies monitor their time and bill clients an hourly fee based on time commitment.
3 . Outcome- or performance-based programs. These represent the most common approach to agency compensation and are based on covering costs and incentive payments that are tied to a brand's performance goals. This system encourages, indeed demands, agencies to use whatever IMC programs are needed to build brand sales.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library