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Advertising
Advertising
Advertising
Informs
Educates
Creates Demand
Enhances Competition
Establishes Brand Identity
Promotes Action
Improves Customer Base
Informs
A product needs an effective launching to hit the minds of the consumers. It must
share the details about the product’s quality, price, unique features, etc.
Consumers obtain information about products from the ads they have read,
viewed, and heard. Manufacturers often make changes in prices, and
channels of distribution, and improve the quality, size, weight, brand, and
packing. These changes must be informed to the public through advertisements.
Educates
The main objective of advertising is to create demand for a product in the market.
This demand would set a favorable climate and acceptability among potential
buyers.
Once the product is established, frequent advertising reminds the buyers about its
presence in the market.
Enhances Competition
The ultimate aim of advertising is to persuade an audience into action. The AIDA
formula of advertising explains this concept.
Attention: At first the advertising grabs the attention.
Interest: Secondly the person becomes interested in the advertising message.
Desire: The person is convinced of the claims and has a desire to purchase.
Action: The desire leads the person to purchase the product.
Improves Customer Base
Any business requires a constant customer base in order to remain successful. The
business needs to target its products and services to this customer base. The
company creates new products that attract existing and new customers alike.
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