Advertising is the Dissemination of Information by Non
-
Upload
ankit-taluja -
Category
Documents
-
view
219 -
download
0
Transcript of Advertising is the Dissemination of Information by Non
-
8/14/2019 Advertising is the Dissemination of Information by Non
1/8
-
8/14/2019 Advertising is the Dissemination of Information by Non
2/8
Advertisement is a MESSAGE to large groups.
It is in the form of NON_PERSONAL COMMUNICATION.
It persuade the GENERAL PUBLICS to purchase the goods or services, advertised.
It is PAID FOR by advertiser to publisher.
Advertising messages are IDENTIFIED with the advertiser.
Advertising includes the following forms of messages:
The messages carried in-
Newspapers and magazines;
On radio and television broadcasts;
Circular of all kinds, (whether distributed by mail, by person, thorough tradesmen, or by
inserts in packages);
Dealer help materials,
Window display and counter display materials and efforts;
Store signs, motion pictures used for advertising,
Novelties bearing advertising messages and Signature of the advertiser.
Advertising Objectives
Each advertisement is a specific communication that must be effective, not just for one
customer, but for many target buyers. This means that specific objectives should be set for each
particular advertisement campaign. Advertising is a form of promotion and like a promotion; the
objectives of advertising should be specific. This requires that the target consumers should be
specifically identified and that the effect which advertising is intended to have upon the
consumer should be clearly indicated. The objectives of advertising were traditionally stated in
terms ofdirect sales. Now, it is to view advertising as having communication objectives that
seek to inform persuade and remind potential customers of the worth of the product. Advertising
seeks to condition the consumer so that he/she may have a favorable reaction to the
promotional message. Advertising objectives serve as guidelines for the planning and
implementation of the entire advertising programme.
Advantages of advertising
Advertising is considered multi dimensional.
It helps number of marketing activities.
It is a technique of sales promotion.
Sales volume is increased by advertising.
It helps and supports the salesman in selling the products.
Consumer knowledge about the product is increase by advertising.
It helps the consumer to save their time in purchases.
It helps the manufacturer sell their products.
It helps quick selling is possible which leads to more production at less cast.
The relation between wholesalers and retailers is improved through advertising.
Advertising introduces new products, stimulates markets regarding the
existing Product and repeated sales
http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23 -
8/14/2019 Advertising is the Dissemination of Information by Non
3/8
BENEFITS TO MANUFACTURERS:
1It increase sales volume. On the one hand, it reduces the cost of production and,on the
other increases profits.
1. It helps easy introduction of products into the markets.
2. It helps to create an image and reputation not only of the product but also of the
advertiser.
3. Retail price maintance is possible.
4. It helps to establish a direct contact between manufacturers and consumers.
BENEFITS TO WHOLESALERS RETAILERS :
1. Easy sale of the products is possible since consumers are aware of rhe product and its
quality.
1. It increases the rate of the turnover of stock.
2. It supplements the selling activities.
3. The reputation credited is shared by the wholesalers and retailers and alike.
4. It enables them to have product information.
BENEFITS TO CONSUMERS
1. Advertising stresses quality and very often prices. This forms an indirect guarantee to
the consumers. Further more, large scale production assured by advertising enables the
seller to sell the product at a lower cast.
2. It provides an opportunity to the customers to compare the merits and demerits of
various substitute products.
3. This is perhaps the only medium through which consumers could know the varied and
new uses of a product.
4. Modern advertisements are highly informative.
BENEFITS TO SALESMEN
1. Introducing the product is made easy.
2. Advertising prepares necessary ground for a salesman to begin his work. Hence sales
efforts are reduced.
3. The contact established with the customer by a salesman is made permanent through
advertising.
4. The salesman can weigh the effectiveness of advertising when he makes a direct contact
with the customer.
-
8/14/2019 Advertising is the Dissemination of Information by Non
4/8
BENEFITS TO COMMUNITY
1. Advertising in general is educative in nature. In the words of the late president
Roosevelt of the USA, Advertising brings to the greatest number of people actual
knowledge concerning useful things; it is essentially a form of education and the
progress of civilization depends on education.
2. Advertising leads to large scale production creating more employment opportunities.
3. Advertising has made more popular and universal the uses of such inventions as the
auto mobiles, radios, various household appliances. Advertising nourishes the
consuming power of man. Its creates wants for a better standing of living.. It spurs
individual exertion and greater production.
CONCEPT OF SALES PROMOTION
Sales promotion consists of diverse collection of incentive tools, mostly short-term designed to
stimulate quicker and / or greater purchase of a particular product by consumers or the trade..
Sales promotion includes tools for consumer promotion (for example samples, coupons, prizes,
cash refund, warranties, demonstrations, contest); trade promotion (for example buying
allowances, free goods, merchandise allowances, co-operative advertising, advertising and
display allowances, dealer sales contests); and sales-force promotion (for example bonuses,
contests, sales rallies).Sales promotion efforts are directed at final consumers and designed to
motivate, persuade and remind them of the goods and receives that are offered. Sales persons
adopt several techniques for sales promotion.
Definitions of Sales Promotion
W.J. Stanton defines sales promotion as all those activities other than advertising, personal
selling, public relations and publicity that are intended to stimulate customer demand and
improve the marketing performance of sellers.
Purpose of sales Promotion
Sales promotion tools vary in their specific objectives. A free sample stimulates consumer trial,
while a free management advisory service comments along-term relationship with a retailer.
From the marketers perspective, sales promotion serves three essential rolesit informs,
persuades and reminds prospective and current customers and otherselected audiences about a
company and its products. Because distribution channels are often long, a product may passthrough many lands between a producer and consumers. Therefore, a producer must inform
middlemen as well as the ultimate consumers or businessusers about the product. Wholesalers,
in turn must inform retailers and retailers must inform consumers. As the number of potential
customers grows and the geographic dimensions of a market expand, the problems and costs of
informing the market increase.
Objectives of Sales Promotion
The basic objectives of sales promotion are:
i) To introduce new products
http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23http://www.articlesbase.com/marketing-articles/advertising-and-sales-promotion-1005018.html#%23 -
8/14/2019 Advertising is the Dissemination of Information by Non
5/8
To induce buyers to purchase a new product, free samples may be distributed or money and
merchandise allowance may be offered to business to stock and sell the product.
ii) To attract new customers
New customers may be attracted through issue of free samples, premiums, contests and similardevices.
iii) To induce present customers to buy more
Present customers may be induced to buy more by knowing more about a product, its
ingredients and uses.
iv) To help firm remain competitive
Sales promotions may be undertaken to meet competition from a firm.
v) To increase sales in off season
Buyers may be encouraged to use the product in off seasons by showing them the variety of
uses of the product.
vi) To increase the inventories of business buyers
Retailers may be induced to keep in stock more units of a product so that more sales can be
effected.
RATIONALE OF SALES PROMOTION
Rationale of sales promotion may be analyzed under the following points.
??Short-term results
Sales promotion such as coupons and trade allowances produce quicker, more measurable sales
results. However critics of this strategy argue that these immediate benefits come at the
expense of building brand equity. They believe that an over emphasize on sales promotion may
under mine a brands future.
??Competitive Pressure
If competitors offer buyers price reductions, contest or other incentives, a firm may feel forcedto retaliate with its own sales promotions.
??Buyers expectations
Once they are offered purchase incentives, consumers and channel members get used to them
and soon begin expecting them.
??Low quality of retail selling
Many retailers use inadequately trained sales clerks or have switched to self service. For these
outlets, sales promotion devices such as product displays and samples often are the only
effective promotional tools available at the point of purchase.
-
8/14/2019 Advertising is the Dissemination of Information by Non
6/8
-
8/14/2019 Advertising is the Dissemination of Information by Non
7/8
-
8/14/2019 Advertising is the Dissemination of Information by Non
8/8
may of Course also include shorter-term tasks such as announcing a new
variation or promotion.
CONCLUSION
Advertising: A firm as its basic of fundamental tool production uses it. It normally has long-term objectives like building brand awareness or building consumers loyalty or repositioning a
brand. It helps sales by adding some durable and long-term value to the product. Advertising in
mostly an indirect way for consumer to buy a product.
sales: It is generally designed to supplement advertising and facilitates personal selling.It
performs the immediate task of increasing current sales. It aids selling by temporarily changing
the existing price value relationship of the product. Sales promotion is a direct and almost open
inducement to consumers to immediately try the product.
Thus from all the above studies it can be concluded that for the marketing of any product, the
best way to increase sales is through the Sales promotion rather than advertising. It is sobecause in advertising a product there is many criterias, which are to be, fulfilled which is not
an easy task. Thus it is easier to increase the sales through sales promotion