Advertising Project
Advertising Project
Advertisements are messages paid for by those who send them and are intended to inform or
influence people who receive them, as defined by the Advertising Association of the UK.
Description: Advertising is always present, though people may not be aware of it. In today's
world, advertising uses every possible media to get its message through. It does this via
television, print (newspapers, magazines, journals etc), radio, press, internet, direct selling,
hoardings, mailers, contests, sponsorships, posters, clothes, events, colours, sounds, visuals
and even people (endorsements).
The advertising industry is made of companies that advertise, agencies that create the
advertisements, media that carries the ads, and a host of people like copy editors, visualizers,
brand managers, researchers, creative heads and designers who take it the last mile to the
customer or receiver. A company that needs to advertise itself and/or its products hires an
advertising agency. The company briefs the agency on the brand, its imagery, the ideals and
values behind it, the target segments and so on. The agencies convert the ideas and concepts to
create the visuals, text, layouts and themes to communicate with the user. After approval from
the client, the ads go on air, as per the bookings done by the agency's media buying unit.
Purpose:
Enhance the image of your company;
Make customers take the next step (ask for more information,
request a sample, place an order, and so on); and
3. Plan which media you'll use. Figure out what are the best ways to
reach your prospective customers with your message.
objective:
A marketing objective is the goal that a company has when it creates a marketing or
advertising campaign. Ultimately, the goal of most marketing campaigns is to make the
company money. However, marketers often set more specific marketing goals like reaching
a different demographic, changing the image of a brand or introducing a new product.
Aim iis:
Profit maximization,
Survival,
Market Share,
Growth
The main objective of nestle is to provide its customer with food of high standard,quick
service and value for money.
STRATEGY:
The marketing strategy of Nestle has remained formidable even in the face of great
challenges and that is why it has become a model for other businesses to aspire to.
Below are just some of the details involved in this company's marketing strategy.
Importance:
Print Advertising
Print advertising covers advertisements placed in newspapers, magazines and newsletters.
The print ads can be published as display ads next to regular editorial content or as classified
listings. Although the number of Americans who regularly read a newspaper is in
decline, businesses can buy ads in papers with either national or local circulation to
achieve the desired results. Magazines and newsletters have a longer life than newspapers;
they typically lie around for months where they can be seen.
Broadcast Advertising
Broadcast advertising includes advertising on radio and television. Businesses buy local or
national ad spots on their preferred stations and then create short commercials, which are
aired to viewers and listeners. Although the establishment of many TV and radio stations has
led to audience fragmentation, broadcast advertising mediums still have a wider reach than
print advertising mediums. Audience measurement metrics for TV and radio are readily
available, meaning businesses can determine the station with the highest number of viewers
or listeners, as well as estimate ad effectiveness.
Outdoor Advertising
Advertising outdoors involves putting ads on billboards erected strategically along highways,
mounted to buildings, or placed on the exteriors and interiors of business vehicles such as
taxis and buses. According to the Outdoor Advertising Association of America, outdoor
advertising suits businesses targeting consumers in specific geographic regions. Compared to
television advertising, outdoor advertising is inexpensive, making it particularly suitable
for small businesses with limited advertising budgets.
Internet Advertising
Digital, online or Internet advertising uses Internet technologies such as social media sites,
email and search engines to deliver promotional messages to targeted customers. This rapidly
growing advertising type is expected to show a 38 percent increase by 2018, with Statista, an
online portal for statistics, reporting that Internet ad spending will reach $82.24 billion in
2018, up from $50.71billion in 2014. Internet advertising fits businesses that target a
young, well-educated and tech-savvy audience. In 2014, Pew Research Center
established that 97 percent of people between 18 to 29 years old and 93 percent of folks
between 30 to 49 years old actively use the Internet.
Other Advertising Types
Product placement and telemarketing are alternative advertising techniques that businesses
can employ. Product placement involves promoting a product though appearances in film or
television. For example, a soft drink manufacturer can strike a deal with a film company so
that actors are filmed drinking his product instead of that of a competitor in an upcoming
movie. This type of product placement is beneficial to businesses that sell luxury
goods. Displaying a company's logo on the uniforms of a neighborhood baseball team is a
low-cost and affordable branding approach that works for local businesses.
Telemarketing involves having sales agents make direct calls to existing and prospective
customers to inform them about a company's products or services. Because telemarketing is
interactive, businesses can use it to develop a rapport with customers.
example of advertising:
A great example of affective advertising is found in the “Geico” commercials. By creating a friendly,
honest, funny gecko as a spokesperson, consumers tend to trust what the gecko is saying and find
humor in his actions. This creates a good feeling about the actual service “Geico” offers.
Lastly, resonance advertising is a way of identifying with consumers. If an advertiser can create a
campaign that certain target markets identify with, then resonance advertising has been achieved.
An example of resonance advertising is in “Tide” detergent ads. Many times mothers are busy doing
laundry in between sports practices and driving their children around in mini vans. Their recognition
with soccer moms makes “Tide” a favorite pick among women with children who are very involved in
activities.
Mcd slogan
The benefits derived from advertising are manifold. It is one of the most
important components of the marketing process.
Creates a dissatisfaction:
It creates tastes and desires for some people whose income may not allow them to buy.
Such people feel dissatisfied.
Creates a monopoly:
It increases monopolistic trend. Due to advertisement some manufacturers create monopoly
in industry and thus reduce healthy competition. It becomes difficult for new firms to enter
the field.
Encourages luxury:
This encourages luxury. Mostly the commodities related to comforts and luxuries are
advertised, for example, cigarettes, cosmetic goods and etc. due to advertisement
of cigarettes several persons start smoking cigarettes, which becomes habit.
Reduces cleanliness:
It reduces cleanliness. Large number of posters and writings on the walls are used for
advertisement. This makes the roads and the walls of the houses look dirty. Thus, it reduces
the natural beauty.
Only very few products are of any use for them. The brilliance of new
products really gets on their nerves. They want to buy them but have no
resources at their command. Consequently, they start feeling upset with
their present status. Taking it as a social evil, it can be said that
advertisement undermines social values.
They come to realise later that the information given in the advertisement
was something else whereas the actual product was quite different from it.
Thus, people lose confidence in advertising because of wrong presentation.
In this reference it is said that advertising confuses rather than helps.
Conclusion
After analyzing five different social media sites I think it is a safe assumption to say that advertising is
very effective in social media. Advertising on social media is cheaper than advertising a commercial
on television and in some instances it is free to advertise on a social media site. Social media sites
are becoming more and more popular everyday with new people joining sites creating a wide variety
of people for companies to advertise to, also as shown above advertising generates obvious results.
With many companies seeing an increase in popularity amongst consumers. There are no downsides
to advertising on social media sites as it is cost efficient, works, and provides many different options
for companies.