By:- Gopal Kumar Agarwal Koustuv Business School Advertising
The process of delivering a
message about ideas, goods and services, through the media, paid by an identifiable sponsor. Characteristics Of Advertising Non Personal form of communication aimed at a target audience. Used by Commercial and not for Profit organisations. Advertising is Paid for. Most Advertising is concerned ultimately with Selling. It is a major element in a promotional mix. Possible Objectives To Raise the Awareness of the Product. To Communicate the Benefit of the Product. To Generate leads for the Sales Force. To Support a special Marketing Event. To Ensure That Customers know where to obtain the Product. To Build Confidence in the Organisation. Types Of Advertising Informative- Provides Information. Persuasive- To Encourage Brand Switching. Reminder- To Remind about the Product. Reinforcement- To Restore Confidence. Pioneering- To Introduce New Product. Competitive- To Point Out The Advantages. Defensive- To Get Ready To Face Challenges . Developing an Advertising Campaign Setting the Advertising Objectives. Define Target Market. Determine the Advertising Budget. Determine the Key Advertising Message. Decide which Media To Use. Plan Campaign Timing. Evaluates the results of the Campaign. 5 Ms Of The Advertising Mission – Objectives. Money – To Pay For The Campaign. Message- To Be Delivered. Media- Choice Of Advertising Media. Measure – Measuring the Impact. Determining the Budget The Advertising Budget will be set in set of one of:- What Can be Afforded. A Given % Of Sales. Comparison With Rivals. Objective and Task- Whatever is needed to achieve objectives. Message An Advertisement Message translates a company basic selling proposition into words, symbols and illustrations that are attractive & meaningful to the target audience. The Messsage must be Meaningful Distinctive Believeble Main Advertising Media Print Media – News Papers And Magazines. Television. Radio. Cinema. Outdoors (Billboards) Internet Factors In The Choice Of Media Marketing Mix Target Audience Impact Of the Media Reach and Selectivity of Media Competition Permanence Of the Media Nature Of the Product Size and Spread of the Market Advertising Budget Message to Be Conveyed A Word Of Caution Every Good Advertising cannot overcome problems caused by:- Poor Product. Inefficient Service. Uncompetitive Pricing. Half of the Advertising is wasted- the problem is we don’t know which half”. Thank You