Advertising consists of all the activities involved in presenting to a group an oral or visual message regarding a product, service or idea. This message is disseminated through one or more media and is paid for by the advertiser.
Purpose:
- To inform the public of newly launched products
- To persuade people to buy a specific product
Benefits:
- Source of information for customer
- Helps producer in gaining more market share
Social Aspects:
- Sometimes, wring messages can be conveyed, especially to children
- Competitive advertisement is exploitation of other businesses.
Dangers:
- Customers may be misled by false claims
- They will have difficulty in choosing from a large range
- Irrational spending on things
Types:
- Informative: provide info about product e.g. prices, modes, color etc to promote a specific product, not entire brand
- Persuasive: persuade customer that their brand is superior than others
- Collective: an entire industry unites to promote their product for example, all television manufacturers advertise of the advantages of TV without promoting a specific brand
- Competitive: when 2 or more firms involve themselves in exploiting each other while promoting their own brands
Media:
Factors affecting the choice of a suitable medium to place an ad:
- Nature of product
- Viewership
- Cost
- Target audience
- Time span
- Wastage (how many of those viewing the ad are actually the target audience)
- Image
Several media:
- Newspaper
Advantages | Disadvantages |
High viewership | Low time span |
Flexible and timely | High wastage |
Circulation cost per exposure is low | Low image |
National and regional coverage | Only for literate |
Ad can be inserted or cancelled at short notice | Very costly |
- Magazines
Advantages | Disadvantages |
High quality production | Inflexible |
High time span | infrequent |
Low wastage | Ads must be placed weeks before the date of publishing |
Suitable for messages which are to be read in a leisurely fashion | Moderate viewership |
Moderate cost | Low image |
- Radio
Advantages | Disadvantages |
Low cost | Low image |
Moderate viewership | Very low time span |
High wastage | |
Low audience attention |
- Television
Advantages | Disadvantages |
High viewership | Very low time span |
Hig image – appealing | High wastage |
Low audience attention |
- Films
Advantages | Disadvantages |
High image | High cost |
Widescreen gives better impact | Low time span |
Appropriate for local products | High, but controllable wastage |
Appropriate for local products |
- Direct Mail
Advantages | Disadvantages |
Low wastage | Low viewership |
Flexibility | Low image |
No competition with same medium | Low cost |
Suffers from being called junk mail |
- Bill Boards
Advantages | Disadvantages |
High time span | High wastage |
Huge size – attractive | Less image |
Low cost | Open to vandalism |
Suitable for local products | Creative limitations |
- Pamphlets
Advantages | Disadvantages |
Low wastage | Low viewership |
Low cost | Low image |
High time span | Limited circulation |
Personal impact | |
Advice and explanation where necessary |
- Travelling Salesmen
Advantages | Disadvantages |
Low cost | Low viewership |
Low wastage | Short time span |
Effective – brings products to home | Low image |
Can demonstrate the uses to customers | Salesman might be unwelcome at places |
Salary of sales man is added expenditure |
- Points of Display
Advantages | Disadvantages |
Low cost | Low viewership |
High time span | Low image |
attractive | High wastage |
- Internet
Advantages | Disadvantages |
High time span | Costly |
Good image | Wastage depends on sight |
High viewership |
Methods of Appeal:
These are tools used by the advertisers in the promotion campaign to appeal the type of consumers it is intended for. Examples:
- Romance appeal
- Economy Appeal
- Appeal for Manliness
- Appeal for Family Love
- Appeal for cleanliness
- Appeal to safety
Sales Promotion:
All those activities which help the producer or seller to increase his sales overtime. Examples:
- Sponsoring events
- T-shirts for players
- Hands on experience
- Free samples
- Using a product in movies