Advertising Introduction
Advertising Introduction
Advertising Introduction
Word Advertising originated from Latin word Advertise which means turns on. Dictionary meaning is to announce publicly or to give Public Notice. Salesmanship in Print ( John E. Kennedy, 1904) Definition of Advertising Advertising is simply a way of selling something in the most effective method possible. Good advertising creates sales and not just attention ( John E. Kennedy, 1904) According to American Marketing Association: Advertising is any paid form of non-personal presentation and promotion of ideas, goods or services by an identifiable sponsor
Dec 2013 IMC Session 1 KRR
Characteristics of Advertisement
Paid form Non-personal Promotion i.e, to persuade people to buy products and services or to accept ideas which are being advertised. Identifiable Sponsor Creative Investment (Not expenditure) No direct relation between Advertisement budget and increase in Sales (i.e., it only promotes but does not guarantee increase in Sales) Dec 2013 IMC Session 1 KRR
Advertising Paid form of mass communication and hence commercial transaction Ads can be identified with the sponsor/organization
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Done with positive objective of awareness, persuasion or reinforcement Presentation of Ads programmed by Advertiser Media decisions done by advertiser
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Publicity Not directly paid for by the sponsor and hence it is non commercial Publicity may be done by media correspondent, general public or advertiser himself. Hence no clarity regarding source. Objective may be positive or negative Organization has no control on message published No control on media decisions
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Advertising Triangle
MEDIA
TARGET AUDIENCE
RESPONSE
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Definition:A Variety of short-term incentives to encourage trial or purchase of a product or service. Platforms for Sales promotion Contests, games,sweepstakes,lotteries Premiums and gifts Sampling Fairs and Tradeshows Exhibits Demonstrations Coupons Rebates Low-interest financing Entertainment Tie-in promotions Cross-promotions Frequency Programs Price-off Allowances
Dec 2013 IMC Session 1 KRR
Sales Promotion
Functions of Advertising
PRIMARY FUNCTION To increase Sales volume To persuade channel intermediaries To assist channel intermediaries To increase usage of the product To create brand awareness To build confidence in brand To eliminate seasonal fluctuations To raise the standard of living To build positive attitude towards a product category
Dec 2013
SECONDARY FUNCTION To encourage salesman To furnish information To generate confidence in the present employees To attract better employees To build confidence in the minds of various groups of public- customers, employees, channel intermediaries, suppliers, media, etc.
IMC Session 1
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Functions of Advertising
ECONOMIC FUNCTION
SOCIAL FUNCTION
PSYCHOLOGICAL FUNCTION
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FACILITATING INSTITUTIONS
AD. AGENCY
MEDIA
ADVERTISER
COMPETI TION
RESEARCH SUPPLIERS
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TYPES OF ADVERTISING
By Geography By Target By Impact Non-Product Group National Consumer Demand Action Idea Local Industrial Primary Direct Service Global Trade Selective Indirect Financial Professional Personal Institutional
Dec 2013
IMC Session 1
KRR