Business Approach: Advertising as a part of Marketing
mix. Creative Approach: Effectiveness of communication from the seller to the target customer Scientific Approach: Practical way of ensuring against advertising failures and improving the probablity of success What to test? Should measured in terms of a Dependent variable, as weight is measured in kilograms. Advt. has to be broken down into three parts for the message, media and scheduling. Testing an advertisement should involve testing the effectiveness of media alternatives. When to test? Pre-Testing Post-Testing Concurrent Testing AD Evaluation Is related to advertising objectives Consists of several measures to ensure performance of Ad. Is based on human responses to stimuli -Communication of Stimuli, Comprehension of stimuli, and response there to Clear about results expected through each test Clear about whether the stimulus is to be repeated Acknowledges that the more finished the copy is , the better is the testing. Therefore , alternative executions should have the same degree of finish. Provides control to fitter the biased effects Clear about Sampling Demonstrates reliability and validity empirically Rules of Thumb The incremental revenue produced by advertising is not worthwhile to measure. So don’t bother If an area or market segment has a particular percentage of ad exposures, it is a fair share If a particular percentage of market share is desired, it is advisable to maintain advertising budget that exceeds particular percentage of the amount spent by all the competetors in that category. Ad expenditures must be pulsed into periodic flights to rise about the clutter Atleast 3 ad exposures are needed on a consumer to have an effect. Advertising takes a long time to work. Its long term effect its difficult to measure. DAGMAR APPROACH Russel.H. Colley (1961) pioneered an approach known by the acronym DAGMAR- Defining Advertising Goals for measured advertising results. These goals may pertain to sales, image, attitude and awareness Goals Persuade a prospect to visit a showroom and ask for demonstration. Build up the morale of the companys sales force. Facilitate sales by correcting false impression, misinformation and other obstacles. Announce a special reason for “buying now”. (Price, Discount,Premium and so on) Make the Brand Identity Known and easily recognisable Provide information or implant attitude regarding benefits and superior features of brand.