Introduction to Advertising
GROUP MEMBERS 11-ANIL GEJAGE
13-APEKSHA PAWAR 14-ASHISH DAHAKE 15-ASHWIN PATEL
Promotion
Introduction to promotion : In marketing, promotion refers to any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand or issue.
The aim of promotion is to increase awareness, create interest, generate sales or create brand loyalty. It is one of the basic elements of the market mix, which includes the four P's: price, product, promotion, and place.[1]
Advertising
Advertising is an audio or visual form of marketing communication that employs an openly sponsored , nonpersonal messege to promote or sell a product, services or ideas. Purpose of Advertising •
To promote ideas about products & services
•
To create interest in products & services
•
To create awareness about products & services
•
To increase sales
Role of Advertising
Communication with the Consumers
Persuasion
Catalyst for change
Contributes to Economic Growth
Change in perception Development of new market segments
Need for Non-Commercial Advertisements
AIDS Awareness Programme
Children Immunization against diseases
Anti-dowry Campaign
Functions of Advertising
Social Function
Non-Commercial Advertising
Psychological Function
Psychological Motives of human beings
Soft Drinks-Thirst- Thanda Matlab Coco-Cola
Economic Function
Value for money
Types of Advertising
Informative Advertising –
Pioneering stage of product category
–
To build primary demand
–
Need to inform consumers of product
Persuasive Advertising –
Competitive stage of product
–
Build selective demand for a particular brand
Types of Advertising
Comparative Advertising –
Comparison of attributes of two or more brands
–
e.g Comparison of Maruti Swift & Hundai Santro
Remainder Advertising –
Maturity Stage of PLC
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Remind people to purchase
–
e.g Coca-Cola
Reinforcement Advertising –
Assure current purchase that they have made the right choice
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e.g Automobile ads with satisfied customers
Advertising Vs Marketing Mix
Product
Price
Place
Promotion
Advertising technique
Advertisers
research the unique features of the product to determine the USP (unique selling proposition) and the big idea—the simple message that will be used to communicate the USP to the target audience. Many firms use a SWOT analysis to help them with their advertising techniques
Advertising Media
Advertising reaches people through various forms of mass communication.
These media include newspapers, magazines, television, radio, the Internet, direct mail, outdoor signs, transit signs, window displays, point-ofpurchase displays, telephone directories, novelties