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Role of advertising
Effects of advertising on consumer behaviour
Effects of advertising
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Recommended: Role of advertising
Advertising is a method of persuading, encouraging and manipulating an audience
to buy a given product. Marketing is a very important method of showing off your
product to consumers. It is a way in which people can know what your product is all
about. If you fail to advertise your product, then people may not know about it and
may fail to buy it even though your product would be available in every outlet.
Advertising attracts consumers and gives them knowledge about the uses of your
product. Advertising was not considered important, as it is today twenty to thirty
years ago but today the amount of money spent on advertising really speaks a lot. In
2012 , the Electronic giant Samsung spent $4.3 billion in advertising. This is a huge
sum of money , they wouldn’t spent that kind of money if they know that their sales
and profits wouldn’t increase. But after spending that money their brand value also
increased. Advertising also increases the value of the brand, more people will know
it and some ads just stick in your brain like the KFC ads , in the end they say its
finger licking good. This is stuck in the minds of millions of people around the world.
There are many kinds of advertising for example: in todays world most of the
multinationals use billboards, television, Internet, sheltered outdoor advertising,
radios and celebrities to advertise their product. In countries like India, the power of
celebrities is very high. So most of the companies in India use celebrity endorsement
to promote their respected products. The public has a mentality that if a celebrity
advertises a product then it means that the quality of the product would be very
good.
Billboards are also a very good way of adverti...
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...utdoor advertising is also a very useful method of advertising
that is practiced in both LEDCs and MEDCs. You set up a tent in a mall, in streets or
in parking lots, you keep your product under the tent and market it to whoever
passes by. The tent will have to have pictures of the respected brand. This method
is mainly practiced in Africa. This kind of advertising is very common in East Africa
and is mostly done by telecom companies.
There are many methods of advertising but it always depends in the country you
are living in . In countries like Uganda, online advertising and television advertising
may not really work because not many people can afford these luxurious goods. So
the method that could work there are: radio advertising, billboards and sheltered
outdoor advertising. It is very important to know your target audience while
advertising.
It's a very simple message, and one that comes across very clearly due to the nature of the advertisement's simplicity. All in the matter of seconds, the advertisement leaves the reader with a clear sense of what the product does.
Advertising is as old as civilization and commerce. In Latin, advertise means "to turn toward.". The purpose of advertising may also be to reassure employees or shareholders that a company is viable or successful. Egyptians used papyrus to make sales messages and wall posters. Commercial messages and political campaign displays have been found in the ruins of Pompeii and ancient Arabia. Lost and found advertising on papyrus was common in Ancient Greece and Ancient Rome. Today, businesses beckon potential customers with attractive business signs, pamphlets, brochures, billboards, radio advertisements, TV communications, email advertisements and many other advertising tools.
Product is/are the products or services you offer and are they unique and different, superior in quality and easier to use. In my own opinion, the product or service is one the most important aspects of a successful business. If you have an item that the customer really wants they will drive out of their way to purchase it. They are usually willing to pay a higher price if the quality justifies it. When a local popular hamburger place open up in Phoenix, people drove long distances and sat in long lines just to bite into one of their juicy hamburgers.
(A) Marketing- the management process through which goods and services move from concept to the customer. The main purpose is to increase sales of the project and profits of the company.
Promotion. Finally comes promotion - informing the customer on the qualities and advantages of the product so that the potential buyer learns about the product, prefers it to those of the competitors, and has an opportunity to buy it at some place.
It can consist of a product being endorsed by peers or even celebrities. In short, this means if such people like a particular product, then it must be a good product. It can carry weight and persuade a particular audience this it is a product or service is of high quality.
Products are what the organization's sell to people. This area mainly focuses and concentrates on developing the right product or service for the target population. The product or service should always satisfy the need of the target population. That’s why it is very important to know the wants and needs of the target population and conducting the proper research should always be done before hand.
How to Position the Product in Relation to Other Products – Where to sell/to whom do you sell? The Right Marketing Mix – Is the product right? , Is it sold in the right market? right places? , At the right price?, Is the product promoted in the right places?
At malls, multiplexes and prime hot spots of the city, samples and brochures should be distributed
The product is either a tangible good or an intangible service that is able to meet a specific customer need or demand. All products follow product life cycle and it is important for marketers to understand and plan for different stages and their unique challenges. It is essential to understand all of the problems that the product is attempting to solve. The benefits offered by the product and all of its features need to be understood and the unique selling proposition of the product need to be studied. Moreover, the potential buyers of the product need to be identified and understood.
Too often, a marketing function is misunderstood, because many people do not understand what is meant by ‘Marketing’.
The perception we have of a business or service can affect our buying behavior. Businesses spend a lot of money to ensure that consumers have a good perception of their business and make sure their product stand out from the crowd. When bringing a new yet risky product on the market a company can provide a lot of information along with reviews and a free trial, by doing this it decreases the risk of a bad perception. For example when...
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...
Advertising lies in the Promotion part of Marketing Mix, but it applies to all the other P's as well. Promoting one’s business is the key ingredient to making one’s business successful. Promotion, along with a great product, key placement, and a reasonable price, will help a marketer work his way to the top. Promoting does not mean leaving his advertising up to the word of mouth of his current customer.
products they want. The goal is to not only provide consumers with what they know they