Advertising and Sales Management Introduction to Advertising
Melody
Swiggy
What type of Advertising is this?
Types of Advertising
Types of Advertising
Types of Advertising
Definition: Advertising is any paid form of non-personal presentation and promotion of goods, services, or ideas by an identified sponsor.” --Philip Kotler.
Objective Informative Advertising Purpose: To create awareness and provide information about a product or service. Examples: New product launches, explaining product features, price changes.
Objective Persuasive Advertising Purpose: To convince potential customers to purchase a product or choose it over competitors. Key Points: Aims to influence consumer behavior by highlighting benefits, differentiating from competitors, and creating a sense of urgency. Utilizes techniques such as emotional appeal, endorsements, and special offers. Often focuses on brand superiority, unique selling points, or limited-time promotions.
Objective Reminder Advertising Purpose: To keep a brand or product in the minds of consumers and encourage repeat purchases. Examples: Seasonal ads, brand reinforcement.
Functions of Advertising Informing Function: Advertising can inform potential customers about a product or service, including its features, benefits, and pricing. By providing information, advertising can help customers make informed purchase decisions.
Functions of Advertising Persuading Function: Advertising can persuade potential customers to consider a product or service by highlighting its unique benefits, solving a problem, or creating a need. By using persuasive messaging and visuals, advertising can influence customer behavior.
Functions of Advertising Reminding Function: Advertising can remind customers about a product or service by maintaining a consistent presence in the marketplace. By reminding customers about a product, advertising can help build brand awareness and increase customer retention.
Functions of Advertising Building Brand Identity Function: Advertising can help establish and reinforce a brand’s identity by associating it with certain values, attributes, or benefits. By creating a distinctive brand identity, advertising can differentiate a brand from competitors and create customer loyalty.
Functions of Advertising Generating Demand Function: Advertising can stimulate demand for a product or service by creating interest and desire among potential customers. By generating demand, advertising can help increase sales and revenue for a business.