Professional Documents
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ADVERTISING
Advertising is any paid form of nonpersonal presentation & promotion of ideas, goods or services by an identified sponsor.
Small companies:
forms of advt.
OBJECTIVES OF ADVERTISING
An advt. objective (advt. goal ) is a specific communication task & achievement
level to be accomplished
with a specific audience in a specific period of time.
Informative advt. Create awareness & knowledge of new product or new features of existing products Persuasive advt. To create liking, preference, conviction & Repeat purchase of a product or service It makes an explicit comparison of the attributes of two or more brands
Reminder advt. to stimulate repeat purchase of products & services Reinforcement advt. to convince the current purchasers that they made a right choice (automobile ads with special features)
5 M S OF ADVERTISING
Mission Money Message Media Measurement
MISSION
Sales goals Advertising objectives
MONEY
Stage in PLC Market share & consumer base Competition Advt. frequency Product sustainability ( cigarettes, soft drink requires heavy advt.)
MESSAGE
Message generation Message evaluation & selection Message execution Social- responsibility review
MEDIA
Reach, Frequency, Impact ( Level of brand awareness etc.) Specific media vehicle Media timing (Macro scheduling & Micro scheduling) Continuity -scheduling exposures evenly throughout a given period Concentration- spending all advt. money in a single period Flighting- advt. for some time-no advt.-again remind advt. Pulsing-continuous advt. periodically