In these slides you will find introduction of advertising management and nature ,scope and importance
Size: 925.36 KB
Language: en
Added: Sep 01, 2020
Slides: 15 pages
Slide Content
Advertising Management By-Prof. Sudheer Kumar
Definition Firstly, advertising is a paid form of communication and is therefore commercial in nature. Secondly, advertising employs non-personal channels (i.e. commercial mass media) which implies that it is directed at a mass audience rather than at an individual consumer and is a one-way communication mode where the sponsor sends messages, but recipients cannot respond or ask questions about the message content. Thirdly, advertising has an identified sponsor .
Meaning of advertising Advertising management is a planned managerial process designed to oversee and control the various advertising activities involved in a program to communicate with a firm's target market and which is ultimately designed to influence the consumer's purchase decisions.
Roles of advertising
Types of advertisements
Importance of advertising
Customer journey towards product purchase
Nature of Advertising ( i ) Advertising is a tool of marketing that disseminates information about a product which is aimed at a large number of people at the same time using purchased space or time in various mass mediums. (ii) Advertising messages are delivered through variety of media; television, radio, newspaper, magazine, billboards, direct-mail campaigns, Internet, clothing lines with messages printed on them, telemarketing programs, and even messages heard while someone is on hold on the telephone. (iii) Advertising intends to sell and at the same time create an aspiration towards a certain product, which ultimately leads to a vital and persuasive distinction, that makes the product a brand. (iv) It is a tremendous challenge for advertisers to design a message which must give an advantage in a highly cluttered world where customers are becoming increasingly proficient at simply tuning ads out.
Scope of Advertising Advertising is often regarded as the most important means of marketing a company’s services and tools. The scope of advertising is to communicate a message to current customers or potentially target new customers. It helps a company get a message or a piece of information across to their customer base regarding a new product or special deal.
1.Scope of advertising by budget There is always a budget allocated for advertising and promotion within the marketing budget. The budget allocated should be in coordination with the type of advertisement the organization wants. The resources and other requirements are to be kept in mind for the budget allocation.
2.Scope of advertising by deliverables Once the budget is decided, the marketing plan can be projected further. A detailed scope of work that deliverables require can be outlined. Agencies can now develop a proposed resource plan. 3.Scope of advertising by allocating deliverables For creative work, allocating the type of deliverables (TV, online, mobile, press, magazine,etc.) based on the previous campaign requirements can be more insightful after the previous plan.
4.Scope of advertising by strategy Once the deliverables are allocated, advertising agencies can define the strategic requirements by brand or category and develop a scope of work based on past requirements and remuneration for similar strategic deliverables