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Lect 7the Structure of The Advertising Industry
Lect 7the Structure of The Advertising Industry
ECO-306
Sami Ullah
Department of Economics
Faculty of Contemporary Studies
National Defence University, Pakistan
Lecture 7
Meaning of word
It comes from the Latin verb advertere, meaning “to
turn one's attention to (something),
” from a combination of ad-, meaning “toward,” and
vertere, “to turn.”
Defining Advertising
Advertising is any controlled form of non-personal (directed
toward a large group of anonymous people) presentation and
promotion of ideas, goods and services usually paid for by an
identified sponsor, that is used to inform and persuade the
selected market.
Importance of Advertising
Advertising doesn't mean selling but helps in increasing
sales.
National advertising
National advertising refers
chiefly to advertising done
by a producer to get people
to buy his/her branded
goods, wherever they sold.
The term “National
advertising” is usually used
to designate the type of
advertising which is done
by ma manufacturer on a
nationwide scale to
stimulate demand for
his/her product among
ultimate consumers.
Kinds of advertising
Regional advertising is
coonfined to one region of the
countary.
Local advertising is confined to
one trading area or city and
usually is considered to be
synonymous with the term retail
advertising.
Kinds of advertising
Retail Advertising:
Retail advertising conveys the
message of the local merchants or
service organizations. Retail
advertisement is addressed directly
to consumers.
It is the advertisement of a
merchant or dealer that is designed
to induce the consumer to visit and
buy at his/her store. Chief among
the retail advertisers are
departmental stores, discount
stores and super markets etc.
The retail advertisers wishes to sell
his product within a week,
generating great urgency in the
advertising department
Kinds of advertising
Trade Advertising
Trade advertising is directed at
stockbrokers, wholesalers
and others who are not intended
to be the end user of a product. I
t is also called business-to-
business advertising
Professional Advertising :
Advertising that is directed at
professionals, such as doctors,
dentists, etc., who are in a
position to promote products or
brands to patients and customers.
Kinds of advertising
Industrial advertising
Industrial advertising promotes
products and services to companies
that will use them in their
business. Industrial advertising may
refer to advertising directed at
manufacturers buying raw
materials or equipment used in
their manufacturing process
Kinds of advertising
Institutional and public service advertising
Institutional advertising is any type of
advertising that promotes a business,
organization, institution or similar unit. In
institutional advertising, the business
promotes itself rather than its product.
However, the important thing to
remember here is that institutional
advertising does not aim to sell anything
directly.
A public service advertisment is a message
in the public interest disseminated
without charge, with the objective of
raising awareness of, and changing public
attitudes and behavior towards, a social
issue.
Kinds of advertising
Direct response advertising
Direct response advertising is a type
of marketing designed to get an
instant response by encouraging
people to take a specific action. The
goal is to generate leads quickly.
Comparatively, traditional marketing
aims to raise brand awareness and
promote your brand image in the
long term
Kinds of advertising
End-Product and Service Advertising
End Product Advertising
End-product advertising is aimed at
promoting the sale of such products which
cannot be used directly. It is the
advertising process of such products which
can help in the smooth and efficient
functioning of other equipment’s in the
industrial organizations or in houses, such
as stabilizers, regulators, electric motors,
pumps, wire, batteries etc.
Service advertising is designed to promote
the personalized services like laundry, hair-
grooming, tailoring, painting and designing,
automobiles repairing, servicing and
repairing of electrical goods. Service
advertising,
Steps of Advertising Process
S t e p 1 IDENTIFY YOUR
PURPOSE
Inform customers that your
product or service is available and
tells them how to get it.
S t e p 3 SELECT A MEDIUM
S t e p 5 CREATE THE AD
S t e p 6 FULFILL EXPECTATIONS
Make sure that you can fulfill the
promises mentioned in your
advertisement.
Advertisements of non-
commercial issues like
AIDS, Polio can help in educating
people.
INCREASING SALES AND PROFIT