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The key elements of effective communication
Effects of advertising on consumer behavior
Elements and strategies of effective business communication
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According to Hall (2008), communication mix is a term used to depict the arrangement of tool where a business can use to convey and communicate successfully the advantages of its good or services to its client. It is crucial for a company to fulfil what customer need and wants in order to get and exceed customer expectation. Thus, company need to choose a suitable platform of marketing in order to boost up the sales and profits. There are several characteristic of marketing and factor that organization must select and consider in order to decide best communication mix in marketing. The organization can select whether they want do advertising, sales promotion, public relations and publicity, personal selling also considering the type of product …show more content…
The consumer marketer will give more correspond to advertise and sales promotion on their communication mix to attract customer (Kotler, 2012). Advertising usually formed in an organized and well-structured and it is made by non-personal means which is through paid media where the source came from identified sponsor (Edmond, 2010). The identified sponsor can be from any individual or an organization who pay for the advertisement and directly it will give good credit to the company and will lead to expansion on sales and profits. Besides, according to Rajan (2011), one of the features of advertising is to be persuasive as it is one of the techniques to influence and attract the customer to buy company goods and services. Sellers are expected to form positive approach to the buyer that will lead to positive respond from the customer. For example, it can be seen when Dato’ Sri Vida, founder of Qu Puteh organization use various of advertising medium such as television, newspaper and internet in order to publicize the products. The highlight is when she became the main sponsors for Anugerah Juara Lagu 29 where she sponsored 3 Million to that programme. It shows …show more content…
There are five stages of cost effectiveness of three communication tools. Firstly, awareness-building stage where advertising and publicity play crucial roles in this stages. Lot of advertising of Nestle’s product like Milo and Nespray spread out throughout the television, online youtube, radio and others. Publicity is also one of the tools of communication mix in marketing. Research by Satawedin (2005), stated that public relation have high objective to create knowledge and information, make goodwill and correct any misjudgement and mistake in order to keep and maintain good relationship between association and publics. It can be seen in 2014, Nestle’s Milo awarded the Best Idea- Public Relations for wildly big hit Breakfast Movement Campaign. The campaign manages to spread the importance of taking breakfast on school aged children, mothers, fathers and family and successfully achieve over 100,000 pledges and assurance from public to take breakfast as routine. Hence, Nestle’s manage to influence and give awareness to all customers to buy and take their product in their daily life
Advertising is now as a communication strategy in order to construct consumer’s actions and beliefs about their desire of the products. Most companies will hire advertisement department to promote their products through a creative advertising. However, advertisement not only promotes products for companies but also could influence their sale since the competitive marketing all over the world. All of the companies use advertising to promote their products, therefore, the job of advertisement companies in order to use advertising as a communication strategy and transfer its valuable message to consumers. Since the advertising marketing has become extensive and competitive, for most advertisement companies, the only way to attract audience’s attention is to be more
A particular market executive said that the benefit of advertising to the company comes into play when company is giving ad campaign in order for the stockholders and investors to maintain faith in the company and keep the capital rolling in, to produce the products. Some marketers believe that their ads do not affect the consumer, but does affect the ways in which they are viewed by distributors and retailer (Schudson 2). Sales people do not want to sell products that they have not heard of before, and whether the advertisements influence consumers or not, the sales people believe that they do, which causes retailers to have that product in stock to sell. So even if the ad does not influence the consumer, as long as the ad can influence the investors, salespeople and retailers, the company will be prosperous. This produces product availability and that will shape the consumer
Borden, N. H. (1964), "The concept of the marketing mix", Journal of Advertising Research, Vol. 4 No. June, pp. 7-12.
The LEGO Group organization is famous due to its flagship product – colourful plastic bricks that can be interlocked to form a variety of figures, and then disconnected again. These binding bricks originated in a wooden form when the company was first established in Billund, Denmark by Kirk Kristiansen in 1932 (The LEGO Group, 2012), and today’s well known plastic version was introduced in 1958 (Rosenberg). The company’s head office is located in Billund to this day, and The LEGO Group remains privately owned by Kristiansen’s family (The LEGO Group, 2012). They currently sell toys and teaching materials in over 130 countries worldwide.
Marketing Mix is a very essential concept for the progression of the business. Products and services of a business organization get effective strategic positions in the market with the help of using marketing mix. According to Belz (2011), through appropriate attentiveness of the marketing mix, an organization can have proper explicated marketing tactics and strategies through which the company’s marketing objectives can be achieved at the required level. Marketing mix is not merely a single term but it is an assembly of different elements of marketing.
In all reality, all businesses will, in some way shape or form, complete all of the marketing activities, even if completing these activities is not their main goal. (Dlabay 2006.) These marketing activities are product, place, price, and promotion. A business tool called that marketing mix takes all of these activities and puts them together in a way that can be used to help improve a business’s marketing strategy. Product is what the company is selling; Place is where the consumer will obtain this product; Price is what the consumer will pay for the product; Promotion is any type of communication that is intended to remind, inform, or persuade. (Dlabay 2006.) The marketing mix and the four P’s describe very well what business marketing is all about.
So, advertising is the best way to communicate to the customers. It helps inform the customers about the brands available in the market and the variety of services useful to them. If any company wants to introduce or launch a new product in the market, advertising will make a ground for the product which helps making people aware of the new product so that the consumers come and try the product. Advertising helps creating goodwill for the company and gains customer loyalty after reaching a mature age. Furthermore it helps companies to know their competitors and plan accordingly to meet up the level of competition and also give chance to target audience to evaluate how your product or service measures up against your competitors.
As it was mentioned before, an understanding of what customers need and want is the main aspect in marketing. This understanding comes with communication process between people. Firstly, it has to be mentioned what communication means. In general, communication is a means of connecting people or places. In business, it is a key function of management. An organization cannot operate without communication between levels, departments and
The marketing mix is a term used to describe the four main marketing tools, Price, Product, Promotion and Place (EStartup business blog, 2010). An example of each of the 4P’s are: which products are well received, what prices consumers are willing to pay, what TV programs, newspapers and advertising consumers read and view and which restaurants and businesses are visited (EStartup business blog, 2010).... ... middle of paper ... ... Marketing strategies are the most important part of any business, once the marketing strategy is in place the business will be successful in the future.
According to Shimp (2007), there are five important factors which determine the purpose of advertisement in terms of marketers’ communication with consumers. He listed these five factors as follows: “(1) informing, (2) influencing, (3) reminding and increasing salience, (4) adding value, and (5) assisting other company efforts.” (p.246). To clarify that, the first most important aspect is informing people which means company needs to enhance the awareness of the consumer about their products by mentioning its advantages and features. Advertising also affect the products in two ways. Firstly, by basic demand, which build consumer desires for old products of the company and secondly, refers to a new brand of the company. In addition, effective advertising can retain consumer’s mind fresh about the image of a brand which develops the trace of the memory where consumers have to choose between two or more products. Moreover, it may change the product quality, create new, well-designed and elegant product and change consumers view towards the product. Lastly, by effective advertising program, company may save money and time as s...
Nowadays, advertisements are everywhere embedded in our daily life. They are powerful resources that inform people the latest news about a particular product or brand in many different ways. Most of the people are being able to get more information and detail of a product from media, radio stations, newspapers and internet. Even though advertising is a big informative source, it also can be considered as a marketing tool to control the mind and desires of the consumers to manipulate and persuade them to buy things they do not need.
The marketing mix, also known as the 4 Ps of marketing, refers to the set of actions that a company uses to promote its brand or product in the market. It consists of product, price, place and promotion. All elements of the marketing mix influence each other. They make up the business plan for a company and can give it great success.
They are producing world standard commercials and attracting large sums of consumers in this country. Local and international organizations are spending huge amounts of money each year on advertising to increase consumers’ interest in the advertised products. Nowadays ad makers are concentrating on capturing the emotional feelings or thoughts on a particular matter and making ads focusing on it so that it makes a deep impact on consumer’s behavior and attitude towards the product. As a result, people are seeing advertisements that contain love, passion, culture, celebration, joy, patriotism and historic attachment. This research will try to find out and analyze the impact of advertisements on consumer behavior and attitude in perspective of Bangladesh consumer market.
Nowadays, advertising is a very big business. Very often is the major means of competing among firms. Furthermore, supporters of advertising claim that it brings specific benefits for consumers.
Marketing communications is the best way to appreciate the value of the goods and services offering by organization. Traditional tools of marketing communication disciplines are five: advertising, sales promotion, personal selling (see the EBS Sales Force Management text), public relations and direct marketing. There are also media in which time and space can be bought or used to deliver messages to target audiences. Organisations are planning which appropriate mix of these tools and the choice of media has for a long time been largely predictable.