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Introduction to Advertising. Advertising. Advertising is the paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor Purpose of Advertising To promote ideas about products & services To create interest in products & services
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Advertising • Advertising is the paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor • 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 • Change in perception • Contributes to Economic Growth • 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 PCL • Remind people to purchase • e.g Coca-Cola • Reinforcement Advertising • Assure current purchase that they have made the right choice • e.g Automobile ads with satisfied customers
Advertising Vs Marketing Mix • Product • Price • Place • Promotion