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7/31/2019 Advertising 13th March
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7/31/2019 Advertising 13th March
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Any paid form of non-personal presentationand promotion of ideas, goods and services ofan identified sponsor.
Advertising consists of all the activitiesinvolved in presenting to a group a non-personal, oral or visual, openly sponsoredmessage regarding a product, service or idea.
This message called an advertisement isdisseminated through one or more media andis paid for the identified sponsor-WILLIAMJ STANTON
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Updateinformationto customer
Introduce &establishproduct
Cover masses
Offsetadverse
competition
Improve &expandmarket
Create &improvegoodwill
Supplementpersonal
salesmanship
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Creating awareness Increase sales Brand identity &
Brand image Communicate a
change
Increase the buzzvalue
http://images.google.co.in/imgres?imgurl=http://www.techgadgets.in/images/hutch-vodafone-logo.jpg&imgrefurl=http://www.techgadgets.in/networking/2007/20/hutch-renamed-to-vodafone-in-india/&h=300&w=320&sz=25&hl=en&start=13&tbnid=Y78vtAk4wu6G3M:&tbnh=111&tbnw=118&prev=/images?q=image+of+vodafone&gbv=2&hl=en7/31/2019 Advertising 13th March
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HELPS FORECAST DEMAND- Creates curiosity-desire-demand Cultivate response-probable demand
DEMAND STIMULATION-
Seeks to impress prospective buyers Affect preference & priorities
DEMAND SUSTENANCE Ensure regular and continuous demand
Reminder ads
PLANNING PRODUCT Production planned as per demand
Produce products that carries demand
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HELPS DECIDING SCALE OF PRODUCTION
Creates inquisitiveness among the prospective buyers. Quantum of demand expected
AUGMENTS DISTRIBUTION Attracts several intermediaries
Example- C&F agents, retailers,etc COST REDUCTION
Customer information as well as feedback
Eliminate wasteful expenditure
HELPS COUNTER COMPETITION- Impressive ads
- GOODWILL- Positive impact
- Create place/impression of the product
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Information about new, improved
Relevant informationProduct information
Includes details of special features, usage
Purpose knowledge updatingCustomer education
Identifies manufacturer in relation to product Lower overhead cost
Minimization ofdistribution channel
Based on customer demand product attributes areaddedQuality products
Mass dissemination of information
Direct sellingReduced product cost
Customer education, quality products, better price
Higher utility of products and services
Improved standard of
living
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Employment
Quality control
Eliminates lowquality products
Media development
Advertising industry
Example- radio, TV,internet, etc
Competition, customerretention
Positive advertising-identify better products
Working for sponsors-
edge over othercompetitors
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Ads expenditure on final price of
product
Adds to cost of
products
Art, skill to lure customer
At times features, process and utilities are hyped /misleaded
Misleading
Customer preferences, perceptions differ General ad strategy may not serve the purposeUndependable
Promotes all the standards of productsIndiscriminate
Competition among consumers- based on productsadvertisingConsumerism
Deceived of facts
Creation of false image about poor quality productUndesired
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Facilitates introduction of new products
Improves sales by educating customers
Facilitates to build up reputation for the productand advertiser
Helps to communicate the public at large as to theproduct and organizational achievement.
Provides employment
Provides source of revenue to media, press
Helps to plan production and develop products Tries to improve product through regular
feedback
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NEWSPAPER Provides large coverage
BENEFITS
Large circulation-secure coverage-onetime expenditure
Repetition possible at marginal extracost
Cheaper compared to other media
LIMITATIONS Limited to educated people
Less effective
Life is short
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MAGAZINES & PERIODICALS Advertised based on the product
type
EXAMPLE- India today, Outlook-General consumer goods
Vogue, Femina- Fashion products
Sports star- sports products BENEFITS More attractive- column advertising
Comparatively longer life
Detailed description of features andquality
Covers various sections of society
LIMITATIONS Limited to specific readers only
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DIRECT MAILING Communicate directly with
customers Prepares list and send
letters or literature
Greatest advantage direct
contact with customers andcontrol on it
WINDOW DISPLAY Display of products through
specially created windows Provides cost effectiveness,
space utility and control ofdisplay
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SLIDES OR FILM Slides are still films showing
the product
Films or small documentarywhich exhibit the product
MUTURAL OR OUTDOOR
ADVERTISING Posters, bill boards, wall
writings, etc.
Posters- important public
places Bill boards- near signals, main
roads, streets
Wall writings- bus stations,
railway stations, etc
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VEHICLES DISPLAY
Uses method of transport Buses, inside trains, etc
RADIO
Mass communication andspecial appeal
Effective for botheducated and uneducated
Limits to only listenersand non visual
Relatively less cost
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TELEVISION
Visual electronic medium covering largesection of society
Done in form of short commercials andsponsored programmes
Takes product visually to the homes ofcustomer without actual approach
Provides better demonstration of
product and its features, utility, etc. Limitations include cost
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Nature of
product
Class of
consumers
Presence of
competitors
Coverage Cost Purpose
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Meaningful
Informative
Reasonable cost
Customer satisfaction
Response generating
Value conscious
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An advertising agency is:
An independent business organisation
Composed of creative and business people Who develop, prepare and place
advertising on advertising media
For sellers seeking to find customers fortheir goods and services
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CLIENT SERVICING
Also called account executives. Acts as the link between the agencyand the client. He suggests what the client exactly wants to his adagency. He is the person who carries the client brief and is alsoresponsible for the approvals.
CREATIVE DEPARTMENT
Under the creative director are a team of copywriters andvisualisers who arrive at the big idea. Accordingly the storyboard isprepared and script work is done. The final layout is sent for
approval to the client.
PRODUCTION DEPARTMENT
The production department is responsible to convert the storyboardinto a finished layout if its for print medium or Outdoor. Howeverthe TVC will be outsourced to a production house.
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MEDIA DEPARTMENT The Media Planner along with Media manager and brand manager of the
client prepares the final media budget and purchases insertions forprint media (space buying) or purchases radio spots or purchases TVtime if its on television. Appropriate media mix is developed.
RESEARCH DEPARTMENT In fact research department functions before and after a commercial
is made for pre-testing and post-testing of media respectively.Consumer insights and brand usages are also tested at times, accordingto client in many instances.
FINANCE DEPARTMENT This department looks after the accounts (financial
records) for the agency.