PRELIMS Advertising Management
PRELIMS Advertising Management
• Outdoor Advertising
It involves promotions through interactive mediums like Advertising serves as a means to provide consumers
internet, TV, SMS, and Mobiles. Advertisers, through with important information about products, services,
these interactive mediums influence the buying promotions, and events. It educates the audience about
decisions of the customers. With this type, advertisers offerings’ availability, features, and benefits, enabling
can interact with their consumers directly or in a them to make informed decisions. Whether it’s a new
personal way. This can affect the buying decision of a product launch, a limited-time offer, or a special event,
potential customer, especially in an e-commerce space. advertising ensures the target audience is well-informed
and can take advantage of the opportunities presented.
• Advocacy Advertising
Revenue Generation:
Such advertising is used in an attempt to change public
opinion in areas of controversies. For example, ads run Advertising is vital in driving sales and revenue growth.
by the coal industry to encourage the use of coal by Well-executed advertising campaigns can increase
power plants. However, this advertising type is not very customer demand, resulting in higher sales volumes and
prevalent. improved profitability. Advertising directly impacts a
company’s bottom line by creating brand preference
Why is Advertising Important? and driving consumer behavior.
Brand Awareness: Functions of Advertising
Advertising helps build brand recognition and increase
• Increasing Salience
brand visibility among the target audience. By
• Building Brand Equity
consistently exposing consumers to a brand’s message,
• Informing
logo, and tagline, advertising helps create familiarity and
• Influencing
trust. When consumers are aware of a brand, they are
• Adding Value
more likely to consider its products or services when
• Creating Demand
purchasing.
• Reinforcing Brand Image
Customer Acquisition:
Purpose of Advertising
Effective advertising campaigns can attract new
customers and generate business leads. By showcasing • Increasing Sales
the unique selling propositions and benefits of a • Creating Brand Differentiation
product or service, advertising encourages potential • Building Brand Equity
customers to purchase. Through targeted messaging • Expanding Market Share
and creative visuals, advertising can capture the • Educating Consumers
attention of specific demographics and persuade them
Effective Advertising
to engage with a brand.
Execution
Competitive Advantage:
The final advertisement created based on the creative
In a crowded marketplace, advertising helps businesses
idea. Without proper execution of the strategy, media
differentiate themselves. It allows companies to
and the idea, campaign would not be able to fulfil the
highlight their unique features, quality, and value
purpose and it will lead to losses. The execution needs
proposition, giving them a competitive edge. Effective
to be done in a planned manner so that the idea is
advertising can position a brand as the preferred choice
presented well to the customer.
among consumers, leading to increased market share
and customer loyalty.
Strategy Understanding the target audience is essential in
developing an effective advertising strategy because it
Focuses on the message, customer segment to be
helps businesses tailor their message to the needs,
targeted, integrated marketing communication (IMC)
interests, and preferences of the people they are trying
channels and the budget which is core of the advertising
to reach.
campaign. The overall product strategy should be
aligned with the advertising messaging and channels. IMPORTANCE OF IDENTIFYING TARGET AUDIENCE
Logos is the Greek word for, um, ‘word’. But it's also
where we get the word 'logic’. Advertisers use logos by
convincing an audience of their argument using facts,
logic or reason. Logos is when we use cold arguments –
like data, statistics, or common sense – to convince
people of something, rather than trying to appeal to an
audience's emotions.
Warm Colors Black and White
Bright red, orange, and yellow are warm colors, According to research, black and white can be two of
indicative of fire, and they stimulate excitement. the best colors for advertising because they create a
Virtually all logos, advertisements, and menus of fast- strong contrast when paired together. Black and white
food chains feature these colors, which is no accident; often signify opposite emotions: white is often
companies rely on the extensive research that has been associated with purity and perfection, while black
done in this field to get the most for their advertising usually represents power, elegance, or evil. When used
dollars. together, however, black and white can create a sense
that a company is highly professional.
Cool Colors