ADVERTISING

Name: RAHUL MONDAL S.I.F C.U.S.A.T

INTRODUCTION

The word advertising comes form the latin

word "advertere” . That means

"to turn the mind toward"

Advertising is a form of communication for marketing and used to encourage, persuade or manipulate an audience (viewers, readers or listeners; sometimes a specific group) to continue or take some new action.

According to American Marketing Association “advertising is any paid form of non-personal presentation and promotion of ideas, goods and services by an identified sponsor".

Advertisement means spreading of information. The main purpose of every commercial organization is to promote sales. Any activity towards sales promotion may be called as

promotional activity & advertisement is a kind of PROMOTIONAL ACTIVITY.

MISSION -sales goods

-advertising objectivesMESSAGE-Message generation-Message evaluation-Message execution

MEDIA-Reach, frequency-Major media types

-Specific media vehicles-Media timing

-Geographical media allocation

MONEY-stage of PLC-market share-competition

-Advertising frequency

Measurement-Communication

-Sales impact

Developing the ADVERTISEMENT

Integrated Marketing Communication

advertisingsales

promotion

direct marketing

personal selling

public relations

Wanna meet AMIR KHAN? Sms ATitan to 56565 Sales

Promotion“Experts redefine hair for Indian women” Public

RelationsAmway, Tupperware, Eureka Forbes…

Direct Marketing

A salesperson at a counter for Nokia, in a mall

Personal Selling

A complimentary air ticket with every credit card Sales

Promotion

Defining advertising Target

Advertising OBJECTIVES

Setting the Advertising

BUDGET

Developing

STRATEGY

Selecting Media

Advertising Effectiveness

ADVERTISING MANAGEMEN

T

ADVERTISING TARGET

The advertising target is the audiences, towards whom the ad targeted.

Sometimes this target encompasses the entire target market.

In other cases it includes only a subset of target market.

ADVERTISING OBJECTIVES

The basic objective of advertisement is effective communication b/w producers and consumers. Some following objectives are:

Preparing ground for new productCreation of demandFacing the competitionCreating and enhancing goodwillInforming the changes to the customersNeutralizing the competitor’s advertisement

ADVERTISING BUDGET-It’s a component of the total promotion budget, must be allocated among markets, brands & media.-Under this system, brands in the introductory stage would receive more funds than those in the maturity stage.There is 5 factors are consider for setting the budget

Product life cycle stage

Competition & clutter

Advertising frequency

Product substutability

Market share & consumer

base

ADVERTISING STRATEGY

1. Selects an appeals

2. Formulates the ad

concepts

3. Develops the ad

elements

4. Provides technical

direction & production

selecting an appeal

An appeal is the basic idea the advertiser wants to communicate to the advertising target. Marketing research and creative institution are often combined to come up with an appeal.

formulated the ad concept

Once an appeal is selected the next step is formulate the ad concept. Its a method where determine how an appeal is transformed into a message.

developing the ad

The technical terms for the various parts of an ad vary among media but the parts perform roughly the same function. It must be attract attention & develop interest so the reader will look at the rest of the ad.-illustration should also attract attention, communicative. –copy usually expands on the idea & illustration & provides facts, anticipation. –signature is a trademark/slogan states that who is sending the massage.

Provididing technical direction

Layout basically is print media or location advertising term. It’s a actual arrangement of its various parts to form a cohesive unit. Marketers rely on a technical personnel for layout works.

Contd….

Headline

signature

Copy

Illustration

ADVERTISING MEDIA

In advertising, mass communication channels are called advertising media, like- newspaper, magazine, radio, TV .etc.

the major type of advertising media are- print, broadcast, direct, location.

Print Advertising

Outdooradvertising

Broadcast Advertising

Public Service

AdvertisingCelebrity

Advertising

Print mediaMore information can be communicated more accurately through print media than others. The major type of print media are Newspaper, Magazines, Brochures, Fliers etc.Newspaper can be classified as daily or weekly with local or national distribution. Local newspaper are geographically selective & national newspaper that offer regional edition.The number of general-interest magazines are declined now days while the special type of magazines has increased. so, it’s the one of important vehicle for advertising.

MAGAZINES can also be classified by the target group for which the content is tailored: consumers, business, farmers.

consumers magazines range from large circulation , general-interest magazines & special interest magazines are Readers digest, Times magazines, India today, Film-fare magazine, Fishing Chimes etc. Business publications include magazines of broad scope like Fortune & those targeted specific industries. Farm magazine is a broad interest national magazine.

most magazines are national & are published monthly.

Magazines

Newspaper

Broadcast mediaRadio & TV are broadcast media. Whereas advertiser buy space in print media, they buy time on broadcast media.

Television, the fastest growing medium, also reaches practically all homes. TV ads generally have the greatest impact because they stimulate both sight and hearing & advertiser can show their product in use.

Direct advertising mediaMarketers try to communicate directly with potential customers when they use direct advertising media like Direct mail, mail order, and un-mailed direct media.

Direct mail & mail order, can have a format of any size or shape that is unbound.

Un-mailed direct , includes Leaflets & Booklets that are distributed door-to-door or in parking lots.

LEAFLET, BROCHURE

Location advertising mediaLocation advertising media include outdoor & transit advertising.

Outdoor advertising, format range from poster panels to electric spectaculars. Poster panels are permanent structures on which printed paper is glued.

Transit advertising, firms rent space on bus, cab, subways, & commuter trains. Rates are usually quoted on a monthly basis.

PROFILE OF MAJOR MEDIA TYPES :-

Good planning & control of advertising depend on measures of advertising effectiveness. Advertiser should try to measure the communication effect of an ad-that is, its potential effect on awareness, knowledge, or preference- as well as the ad sells effect:

Communication effect research, seeks to determine whether an ad is communicating effectively.

Sales effect research, is complex because sales are influenced by many factors beyond advertising, such as features, price & availibility, as well as competitors actions.

ADVERTISING EFFECTIVENESS

SALES PROMOTION

SALES PROMOTION, includes activities that seek to directly induced, or indirectly serve as incentives to motivate, a desired response on the part of target customer.

Sales Promotion activities also add value to the product.

Sales promotion management includes:

Sales promotion target- is the audience to whom a particular sales promotion is directed. Sales promotion can be directed to consumers, company’s own salespeople & to middleman.

Sales promotion objectives- sales promotion objectives are derived from the marketer’s overall promotion objectives.

• Coupons• Cent-off offers• Samples

• Money refund• Premiums• Contest• Exhibition

• Additional product deals

• Sales meeting & auxiliary sales materials• Sales contest

• Point-of-purchase display• Trade show

• Special service• Dealers contest & premium

Directed to customers

Directed to the firm’s own sales

force

Sales promotion budget: setting the overall promotion budget is to determine the desired mix of advertising & sales promotion.

Develop sales promotion strategy: numerous decisions are necessary in developing a sales promotion strategy. For ex: a company must decide on how much coupon will reduce the retail price of a product.

Select Sales promotion method: a company must select the tools develop the program, pretest the program, implement & control it, & evaluate the result.

Major Consumer-promotion tools:SamplesCouponsCash refund offers/ cash back offersPrice packsPremiumConsumers contestPrizes (contest, sweepstakes, games)Free trailsProduct warranties .etc.

Major trade-promotion tools:Price-offAllowanceFree goods (sorce:”Trade promotion Redefined”,Brandweek,1995)

Major business & sales force-promotion tools:

Trade shows & conventionsSales contestSpecialty advertising

References :

Kotler Philip, “THE FRAMEWORK FOR MARKETING MANAGEMENT”, 5th Edd. , 2002. India

William F. Schoell, “MARKETING- CONTEMPORARY CONCEPTS & PRACTICES”,10th Edd. , 1990, Allyn And Bacon, INC. Boston.

Thank YOU all. For ‘ur patience