Jahan University Faculty Management Science Department of Subject: Marketing Management Lecture# 12 Lecturer: Juma khan Sultani 1 Objective After compellation of this lecture students will be able to know: 1. Sorting out the budget for advertising and in order to improve the strategy for advertising 2 Outline Setting the Advertising Budget Developing Advertising Strategies 3 Setting the Advertising Budget Advertising budget. A brand’s advertising budget often depends on its stage in the product life cycle. Developing Advertising Strategy Creating advertising messages, and selecting advertising media. 10/7/2020 3 4 Selecting Advertising Media The major steps in advertising media selection are (1) Deciding on reach, frequency, and impact, (2) Choosing among major media types, (3) Selecting specific media vehicles, and (4) Deciding on media timing. 10/7/2020 3 5 Evaluating Advertising Effectiveness and Return on Advertising Investment Advertisers should regularly evaluate two types of advertising results: The communication effects and the sales and profit effects. Measuring the communication effects of an ad tells whether the ads and media are communicating the ad message well . 10/7/2020 3 6 Conclusion As advertising is an essential factors for product recognition through market adds may be having an effective role trough audience or potential market therefore the certain strategy need to be designed rather than competitor and also with forecast budget. The media has its own roll therefore need to be focused comprehensively from any angle . 7 References 1.Reference 1By Kotler 13th edition 2.Reference 2 Handbook of marketing management , 8