Author Question: Which criterion cannot be measured objectively but involves a subjective assessment of whether a ... (Read 27 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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library