Content What is Advertising - Definition Who needs Advertising Importance of Advertising Role of advertising in brand promotion How does advertising work Do’s and don'ts in advertising Types of benefits – with examples Classification of advertising Summary Evaluation – Q & A What is ADVERTISING? “ the action of calling something to the attention of public” WEBSTER’s Dictionary Advertising is communication of information and values by an identified sponsor Advertising is the third partner in the relationship between a consumer and a product/service Who needs advertising? Companies use advertising to: • inform people about their products and services • to make their brand names familiar to the public Who needs advertising? Companies use advertising to: • to give the company a “personality” which sets it apart from the others. • to remind customers about their • to tell the public about improvements in products • to help their sales force to be more effective • to reinforce customer confidence in his/her purchase brands right time and right place at the Importance of Advertising It is very cost effective method to communicate To create brand image To boost the sales volume To beat the competition Eg Popular advertising campaigns attract customers attentions and can help generate sales. For example pepsi’s – ‘Oye bubbly’, ‘Mera number kab aye ga’, Asian Paints – ‘Badiaya hai’, Alpenleibe -Lage raho, etc Role of Advertising in Brand Promotion Information and persuasion Introduction of new brand Building and maintaining brand loyalty Creating an image and meaning for a brand How does advertising work? The stages in consumer purchase process Need recognition Information search Awareness Interest Evaluation of options Outlet selections Desire Purchase Post purchase evaluations Action Do’s and Don’ts of Advertising Some do’s Advertising should be informative Advertising should be entertaining Advertising should be involving Some don’ts Advertising should never over claim any benefit in a product or a brand. Never try to put down or talk down your consumers in manner that will insult them. Try not to compare your brand with a competitor and try not to show your competitor in bad light. Evaluation What is advertising? What are the importance of advertising? What are the do’s? What are the don’t’s? Some don’ts Advertising In case you do any comparison with your competitor or show your competitor it should be done in a intelligent and tactful manner that such that it is memorable and not in bad taste. Types of benefits a) Objective benefits b) Subjective benefits c) Values-oriented benefits Objective benefits These are tangible, physical and measurable These are in the product They are what you get by using it Example - “Hawkins pressure cooker cooks quickest with least trouble and greatest safety” Subjective benefits These are in the consumers mind These are perceptions. These are what the consumer believes she will get as a result of the objective benefit. Example - “ Cooking with Hawkins will make me feel that I am fulfilling my role as a wife better” Classification of Advertising Advertising in the consumer market - National Advertising - Retail/Local Advertising - Brand Advertising - Primary/Secondary demand advertising - Political Advertising - Directory Advertising - Direct-Response Advertising - Public Service Advertising - Interactive Advertising Advertising to Business & Professional markets - Business to Business Advertising - Professional Advertising - Trade Advertising