FINALS MODULE ADVERTISING
FINALS MODULE ADVERTISING
A business cannot succeed without effective and targeted advertising. An important aspect of
advertising involves choosing the appropriate media, which are the channels of communication
used to send a message to the target market.
1. Television Advertising
Advantages of Television Advertising Television gives advertisers the ability to convey
their message using sight, sound, and motion. It provides many creative opportunities for
advertisers. Television advertising is more likely to have an emotional impact on consumers than
any other type of advertising. It reaches a large number of people, making the cost per viewer
low.
2. Radio Advertising
Radio can be an effective way to advertise. Radio station listeners can be segmented by
demographics. For example, a pop rock station will attract younger listeners, while a classic rock
station will attract older adults. Radio commercials can be created and produced in a relatively
short period of time at a much lower cost than television commercials.
One of the biggest disadvantages of radio advertising is that it provides only an audio
message because the product cannot be seen. Also, listeners can casily tune out commercials or
change the station. Because listeners usually are doing something else while listening to the
radio, it can be difficult to get their attention with an ad.
3. Print Advertising
Print advertising is one of the best ways to promote a business and its products. However,
a print ad may have to work harder than a television ad to get the consumer's attention. Creative
headlines and appealing visual images are necessary. Print advertising includes newspapers,
magazines, direct mail, flyers, and brochures.
A. Newspapers
There are several advantages of newspaper advertising. Newspapers reach large numbers
of people, and newspaper advertising is relatively inexpensive. Newspapers sell advertising
space based on the advertisement's location, size, and color. Newspaper advertising allows
businesses to target a specific geographic area. Newspapers are not the best type of media when
trying to reach a niche market. They are more effective for mass
marketing. Since newspapers are published daily, the advertisement will have a short life span.
B. Magazines
Another popular form of media is magazines. One of the biggest advantages of magazine
advertising is the ability to target specific markets.
On the downside, magazine advertising can be expensive in comparison to newspaper
advertising. Also, it takes much more time to produce and place an ad in a magazine.
C. Direct Mail
Direct mail can be a highly segmented advertising strategy when businesses use mailing
lists that correlate with their target markets. Also, with the use of mailing lists, the advertising
message can be personalized, which will elicit a more positive response. Direct mail campaigns
are hidden from competitors, making it difficult for them to react quickly. It is easy to measure
the effectiveness of direct mail advertising because the business can track the replies or orders
received in response to the ad.
4. Outdoor Advertising
Outdoor advertising can take a variety of forms, including billboards, posters; ads on the
sides of buses and at bus stop shelters, signs in malls, sports arenas, and airports, and any other
space designed specifically for ads outside the home. It is effective at reaching a broad market
and provides wide exposure for local businesses. Local retailers, service businesses,
entertainment venues, hotels, and restaurants are the leading outdoor advertisers. Billboards are
attention-getting and provide around-the-clock exposure. Digital billboard displays let advertisers
rotate their messages throughout the day. The biggest drawback to outdoor advertising is the limit
on the length of the message. People must be able to view the ad quickly as they drive or walk by
it. The location of outdoor advertising has an impact on its effectiveness. Advertisers must
evaluate sites to find the most desirable ones.
2. Frequency
Radio, television, and newspaper advertisements are repeated frequently to remind
consumers about a product or service. Frequency is the number of times a person is exposed to
an advertisement. Advertisers must consider the number of times the target market needs to be
exposed to a message to meet its objectives.
Continuous advertising is a strategy in which advertisements are run steadily over an
extended period of time to continuously remind consumers of a product or service.
Pulsing strategy, advertising is heavier during certain times of the year, such as holidays.
Although retailers may advertise year-round, they advertise more often during the Christmas
Holiday
3. Lead Time
Lead time is the amount of time required to produce and place an advertisement.
The lead time for outdoor advertising can depend on the complexity of the ad and the 'availability
of the desired location.
4. Cost
Cost could be the most important factor when it comes to selecting advertising media.
The goal is to reach the most people at the lowest cost while staying within the advertising
Budget.
A common way to measure cost efficiency is to determine the cost-per thousand (CPM), which is
the dollar cost of reaching 1,000 members of an audience. (The "M" in CPM comes from the Roman
numeral for 1,000.)
Cost per mille (CPM) is a pricing model and metric commonly used in marketing and advertising.
Also called cost per thousand impressions, CPM refers to the the total ad spend for every 1,000
impressions an ad receives.
Advertisers can use this formula to compare the cost efficiency of two or more media
choices.
4. Website Advertising
Large companies spend millions of dollars to develop, launch, and maintain their websites.
However, there are some inexpensive ways for smaller businesses to set up websites. Website
advertising may be a good choice for startup companies that have limited capital. It is also the
fastest way to reach a global market
5. Blogs
A blog (web log) is a website maintained by an individual or business where entries
(posts) that are intended for public access are made on a regular basis. Posts could include
commentary on various topics, descriptions of events, reviews, and targeted advertising
messages.
6. Social Media Advertising
Advertisers are realizing the value of social media and have begun to shift significant
amounts of their advertising dollars into this technology. Social media are websites where users
create and share information. Web-based and mobile technologies are used to turn
communication into interactive dialogue
Advertisers often use social media to create buzz about a product or brand. Once they
have created interest, they rely on consumers to spread the word through their communications
on social media sites. Customer satisfaction and company image can be tracked based on these
communications.
Online advertising offers several advantages, including flexibility to update messages quickly,
interactive communication between businesses and consumers, broad global reach, and ease in
targeting specific audiences. For example, companies can place ads on relevant platforms to
attract their desired market, such as a hotel advertising on a tourism website.
However, online advertising also has disadvantages. Companies have limited control over negative
or inaccurate information posted by others, which can harm their reputation. Additionally, threats
like spamming and phishing are significant concerns. Spamming floods the internet with mass
advertisements, often annoying users but still effective in generating responses. Phishing scams
deceive individuals into sharing personal information, leading to identity theft. To counter phishing,
recipients should verify requests directly with the organization instead of responding to suspicious
emails.
1. Transit Advertising
Transit advertising includes ads that appear on the interior or exterior of public
transportation (buses, taxis, subways) and other vehicles. This form of advertising is closely
related to billboard advertising. Transit advertising now uses digital signage, making it easy to
customize and change messages. Although many transit ads are placed on signs in or on a
vehicle, vehicle wraps are ads consisting of pictures and graphics that completely encase the
vehicle.
2. Aerial Advertising
Advertising in the sky is known as aerial advertising. Banners with advertising
messages are hooked onto planes that fly over stadiums, beaches, and entertainment venues to
capture the interest of potential customers. Some of the airplanes use loud speakers, combining
audio and visual elements. Skywriting delivers messages in the form of white cloud formations.
Blimps are used to advertise at outdoor college and professional sporting events. Some have full
color LED screens. Small blimps are also available for rental.
Hot air balloons imprinted with company names and logos can be seen flying over special
events.
3. Cinema Advertising
Cinema advertising includes ads that run in movie theaters before the start of movies.
Theaters offer 40-foot screens and great sound systems for viewing ads. Now ads can even be
shown in 3D. Ads can be targeted based on the film's rating (G, PG, PG-13, and R). Both local
and national companies can advertise. With all of these benefits, big screen advertising is
becoming more popular. Over $600 million.IS invested each year in cinema advertising.
Advertising is also included on popcorn boxes and cups that are sold at movie concession stands.
Sometimes the concession stands offer product samples. Upcoming movies are advertised using
tranlers (previews) shown before the feature presentation.
4. Product Placement Advertising
Consumers often skip over commercials and use the remote control to flip to other
channels when commercials are playing. Thus, advertisers are finding other ways to get their
brands noticed. Product placement is a form of advertising in which a business's product,
service, or name is used in a television show, movie, video game, or other form of entertainment.
Because specific brands are being promoted, this form of advertising is also known as brand
placement. Coca-Cola cups sit on a table in front of the judges for American Idol. Charmin
bathroom tissue and Pringles" snacks have been included as part of the challenge prizes awarded
to contestants on Survivor. The film Iron Man 2 featured more than 64 brands. Companies pay
for product placement on popular television shows and movies to increase brand awareness. TV
shows and movies offer large audiences and a global reach. When viewers develop an emotional
connection with the show or movie and its characters, they have a higher recall of the brands
used.
Video game advertising, also called advergaming, is a way to promote brands using video
games. Companies pay to have their brands featured in the games played by millions of
consumers every day
5. Directory Advertising
Telephone directories like the Yellow Pages have been around for a long time.
Specialized telephone directories have been designed for neighborhoods, ethnic groups, and
other special interest groups. A telephone directory is an advertising medium that consumers use
to seek out products or services. Larger ads that use color and higher-quality graphics attract
more attention. Directory advertising is often used to supplement other advertising media.
Advertising agencies typically have creative departments where print ads, television
commercials, and other marketing communications are produced. These departments are staffed
by writers who choose the words in advertisements, graphic
artists who plan and construct visual layouts, and other specialists who transform the strategy
into actual advertisements.
Creativity can be defined in many ways. It could be described as a different way of
looking at things or a new way of thinking. Creativity often is associated with fresh, new ideas.
Creativity is a key element in effective advertising campaigns. It makes an advertisement stand
out from the crowd, earning it more attention and making it more memorable. Creative ads make
an emotional connection with the audience.Although creativity is important, an advertisement
cannot be judged on creativity alone.
Creative advertising must have a purpose to influence consumers' product and brand buying
decisions.
A. Elements of Creativity in Advertising
There are many kinds of creative styles used in the advertising industry, but creative ads
share common features. Creative ads that have one or more of these elements are more
memorable and are more likely to influence the consumers' buying behavior
Creative ads make a connection with the target audience.
Creative ads have an element of unexpectedness.
Creative ads use mischief in the form of tricks, pranks, and playfully naughty behavior to
keep the audience interested.
Creative ads provide concrete images.
Creative ads use storytelling.
Creative ads build momentum. Momentum can be measured by the buzz generated by an
advertising campaign. When an advertising campaign gets people talking, leads to news
stories, results in a following among celebrities and everyday consumers, it is building
brand momentum.
Comprehension
Communication should be simple enough for the target audience to understand. Messages
should be short and concise. A lengthy message that uses technical jargon will not be well
received by the audience. Repetition aids comprehension. Advertisers should repeat the most
important elements of the communication, such as the brand name.
Connection
Making a connection means that the message evokes some kind of reaction from the
audience. The message will have meaning and significance for the audience and will usually
trigger emotions, such as excitement, anger, empathy, guilt, happiness, or sadness. When the
message makes a connection, audience members are more likely to make a change in their
behavior or take some kind of action.
Credibility
The audience must believe who is saying the message (the brand or communicator's
voice) and what is being said. When this does not happen, the connection begins to break down.
The message should come from a person of authority or a trustworthy source. When backed by
data and research, the message is more credible. Even if the audience comprehends the message
and connects with it on an emotional level, it will not have the intended effect on the audience if
it isn't credible.
Contagiousness
Have you ever noticed that when you see a television commercial that is clever or
humorous, you share it with your friends, reenact it, or repeat the slogan or catch phrase in
conversations? This is an example of a contagious message. Contagious messages are energetic,
new, different, memorable, and relevant. The message should evoke an emotional response,
make an impact, and motivate the target audience to do something.
Put the 4Cs in Action
As advertisers develop advertising and promotional messages, they should apply the 4Cs
Model. Messages should be easy to comprehend, make a connection with the audience, have
credibility, and be contagious. By showing the advertising or promotional message to a test
group of consumers before releasing it to the general public, advertisers can determine if the 4Cs
have been achieved. Questions to ask to help evaluate the effectiveness of the communication
include the following:
Does the audience understand the main idea or point of the message?
What does the message instantly communicate to the audience?
Can the audience recall the message?
Does the message evoke an emotional response from the audience?
Does the audience think the message or messenger is believable?
Does the message motivate audience members to react in some way?
Would audience members be likely to spread the message to others?
Based on the answers to these questions, advertisers can make modifications as needed to
ensure their message has the maximum impact on the target audience.
To ensure that consumers will fully understand an advertising message, advertisers need
to determine the consumers' existing knowledge about the product or service. If consumers are
already familiar with the product or service, advertisers can spend more time promoting the
brand and less time explaining the product features. For example, an effective advertisement for
Snickers" might consist of only the Snickers brand name and a picture of a person eating the
candy bar. However, this advertising strategy would not work well for a new product that is
unfamiliar to consumers. Without knowing about the product and its benefits, consumers would
not fully comprehend such an advertisement.
Industry Analysis
An industry analysis focuses on the developments and trends within an entire industry. It
helps a business understand its position relative to other businesses producing similar products
and services. It also identifies opportunities and threats that can be addressed in the planning
process. Questions to ask when performing an industry analysis include the following:
What is the estimated size of the industry (in total sales or number of products/services
sold)?
What is the expected outlook of the industry? (Is it on the rise or decline?)
What are the sales trends in the industry over recent years?
What are the product/service trends in the industry?
Who are the leading businesses (top brands) in the industry?
What types of marketing strategies are commonly used in this industry?
Is the industry sensitive to economic conditions?
Market Analysis
A market analysis is performed to learn more about current and potential users of a
product or service. It helps clearly define the target market and its needs. Questions to ask about
the market include the following:
Who is the target customer?
What is the size of the overall target market?
What features and benefits are most important to the target customer?
What would motivate the target customer to buy our company's product or service instead
of the competitors?
What is the best way to reach the target customer?
How is the market changing?
Competitor Analysis
After studying the industry and the market, it is important to take a look at the
competitors. A competitive analysis will help a business determine its competitive advantages or
disadvantages relative to other businesses. Businesses can use this information to develop
strategies to overcome the competition. Questions to ask about competitors include the
following:
Who are the competitors?
What threats do they pose?
What are the strengths and weaknesses of the competitors?
What marketing strategies do the competitors use and how successful are those
strategies?
How are the competitors likely to respond to changes in our marketing strategies?
Global Analysis
Many businesses are expanding into international markets. Even if a business's
advertising strategy has been successful in its own country, the same advertising may not work
well in different countries or cultures. Target markets differ from country to country in terms of
how they perceive or interpret the advertising message. Businesses must decide when they can
standardize advertising campaigns throughout the world and when they must customize
advertisements for different cultures.
Advertising Formats:
Slice-of-Life Advertising
Slice-of-life advertising portrays a scene from everyday life. Advertisements depict
people in normal social settings, such as at the dinner table, at a park, or in their car. The
audience feels like it is watching or listening to a real event. The goal of slice-of-life advertising
is to socially embed the brand in the consumer's everyday life.
Lifestyle Advertising
When using lifestyle advertising, advertisers have to understand the psychographic
characteristics interests, attitudes, and opinions-of their target audience. This form of advertising
attempts to develop an image or identity for the brand. It not only promotes the product, but it
also promotes a way of living. Lifestyle advertising is depicted in Mountain Dew commercials.
The brand presents itself as the choice for consumers who have a young attitude and active
lifestyle.
Testimonial Advertising
When a spokesperson endorses a product in an advertisement, it is known as a
testimonial. The endorser may be a well-known celebrity or athlete, a knowledgeable
professional such as a doctor, or a satisfied customer who uses the product. The idea behind
testimonial advertising is that prospective customers are more likely to trust a recommendation
coming from a third party than from the business itself
Humorous Advertising
Humor is used in advertising as a way to make an emotional connection with the
audience. When humor is used appropriately, consumers develop a positive and memorable
association with the brand. People actually enjoy humorous ads and talk about them with others.
However, humorous ads have to do more than just entertain. There must be a direct link between
the humor and the brand; otherwise, people will remember the joke but not the brand.
Advertising humor works best for established and commonly purchased products. Unknown,
risky, expensive, or sensitive products are not normally suitable for advertising humor.
Image Advertising
Image advertising promotes the general perception of a product or service rather than its
function or purpose. It is effective at building brand awareness, creating familiarity, and
contributing to the development of a mental picture of the brand or product in the minds of
consumers. Celebrities often are used to help promote the desired image. Image advertising
attempts to generate positive attitudes about a brand, company, or concept through the use of
visual images.
Scientific Advertising
Scientific advertising uses research or scientific evidence to promote a brand. This type
of advertising is effective when showing the results of pain relievers, hair growth products,
weight loss remedies, and skin creams. The Federal Trade Commission (FTC) carefully monitors
scientific advertising to make sure that it is accurate and not misleading.
Product Demonstration Advertising
Product demonstration ads show how to use the product, identify the benefits of using the
product, and emphasize the value of owning the product. Product demonstrations are based on
the motto, "seeing is believing."
Musical Advertising
Advertisers often choose to convey their message through the use of music. Music
functions as a bridge between the target audience and the advertisement. The audience becomes
more engaged when a familiar tune or catchy jingle is used. In addition, music can trigger an
instant emotional response from the target audience.
Comparison Advertising
Comparison advertising is used to promote the superiority of a brand by comparing its
features to those of a competitive brand.
Copywriting is the process of using words to express creative ideas and concepts. In
advertising, copywriters must effectively communicate the benefits and value of a brand in a new
or unique way. The copywriting process varies depending on the media used. However, one
element of copywriting is common across all media formats. Copywriters must create a slogan,
or tagline, that will appear in all of a company's advertisements. A slogan is a short, memorable
phrase that establishes an identity for a brand
Print Advertising
Components of print advertising include the headline, subhead, and body copy. A
headline is used to capture the reader's attention. It may provide information about the brand,
emphasize a brand claim, or arouse the reader's curiosity. The subhead, which usually appears
below the headline, provides brand information not included in the headline. Body copy
describes the brand in more detail. Copywriters are challenged to use familiar words and phrases
in an interesting and exciting way.
Art directors are responsible for the visual elements of print advertising. One of the most
important visual elements is the illustration, which is the actual drawing, photography, or other
type of art used in the advertisement. The illustration should work with the ad copy to attract the
attention of the target audience and communicate brand features or benefits. By creating interest,
illustrations entice people to read the ad copy. Illustrations also help create the desired image for
the brand. If a clothing manufacturer is targeting teenagers, its print ads may contain pictures of
teens having fun while wearing the manufacturer's clothing. The pictures set the tone for the ad.
The final step in the advertising plan is to evaluate the effectiveness of the advertising
campaign. There are many reasons to measure the effectiveness of advertising. It determines
whether the advertising message made an impact on the target audience.
It identifies which strategies worked and which didn't. It also provides useful information that
advertisers can use to make future advertising messages more effective. Finally, it is used to
justify the investment in advertising.
In most cases, measuring the results of an advertising campaign is directly related to the
advertising objectives. It is important to determine if the advertising objectives were met.
A recognition test measures a lower level of brand awareness by determining whether audience
members remember seeing the ad. Audiences are asked if they recognize the ad and if they can
name the company sponsoring the ad or the brand name of the product in the ad. Recall requires
more actual memory of an ad.
A recall test measures how much the audience remembers about the advertising message. If
audiences indicate they recognize the ad, they are then asked more specific questions relating to
brand attributes. Results are tabulated from both tests to determine the recognition and recall
scores.
A common advertising objective is to create, change, or reinforce consumers' attitudes
about a brand. An attitude study measures consumer attitudes before and after exposure to an
ad. Target audience members are recruited and surveyed about their attitude toward the
advertised brand and competitors’ brands before being shown the ad. Then audience members
are shown the ad, and their attitudes are measured again to see if they have changed. The goal of
the advertising message is to produce a positive attitude about the brand and build brand
preference.
Emotional Measures
One way to generate interest in a brand and attain brand loyalty is to make an emotional
connection with consumers. Ads that appeal to consumers emotions have a stronger and longer
lasting effect. To make an emotional connection, advertising messages must be relevant and
meaningful. A resonance test measures the extent to which an advertising message resonates or
strikes a chord with the target audience. This type of test usually is given in a group setting. The
ad is shown to the group and then discussed. Advertisers question group members to see if the
advertisement matches their own experiences
Behavioral Measures
The main purpose of an advertising campaign often is to influence consumers' behavior.
Advertisers want consumers to take some kind of action, such as visit a website or make a
purchase. There are several behavioral-based measures that advertisers can use, many of which
are related to sales. Businesses can measure the effectiveness of their advertising campaign by
comparing sales before, during, and after the ad campaign.