HC 1 Flashcards
What is advertising?
Any form of paid communication by an identified sponsor aimed to inform and/ or persuade target audiences about an organization, service or idea.
Johar challenges this idea, because modern advertising suggest there may or may not be payment and sponsors can be anonymous.
What are some facts about advertising?
-It is ancient.
-Includes informational, argument-based and emotion, affect-based appeals
-Is adjusted to consumer segment and/or product life cycle
-Can follow an alpha (approach) vs. Omega (don’t avoid) strategy
What is the product life cycle?
Early on: need to create demand, awareness
Later on: need to differentiate from competitiors, extend product range
What is consumer segment?
Who is begin targeted and how precisely.
What kind types of evalutations are there?
Media => reach/ exposures
Psychological approach => causal mechanism of stimulus –> response, deeper explanation
What is the purpose of advertising?
-Facilitating competition
-Communication with consumers
-Informing and persuading consumers
-Funding public mass media
-Creating jobs
Does advertising inform about a product that fit needs or does it actually creating need/desires?
Some evidence leads to more comparison with others. More material desire/dissatisfaction.
What is the psychological approach to advertising?
Identify effects of advertising at the individual level. Relate specific advertising stimuli to specific and individual consumer responses. Articulate the intrapersonal, interpersonal or group-level psychological processes that are responsible for the relation between advertising stimuli and consumer responses.
What are the models of advertising?
-Sales-response models
-Hierarchy-of-effects models
What are sales-response models?
They only measure aggregate input-output with no mechanism.
They are concave or S-shaped. Concave has diminishing returns to additional spendings. S-shaped has low initial impact then a saturation point.
What are the hierarchy-of-effects models?
Cognition/attention affects attitude affects behaviour. It follow the Think ,Feel, Do.
-AIDA
-DAGMAR
Evalution plays a key role in each model.
What is AIDA?
Attention –> Interest –> Desire –> Action
Variants are AIDCA, AIETA, AKLPCP
What is DAGMAR?
Defining advertising goals for measured advertising results.
Inform: Category need, Brand awareness, Brand Knowledge
Persuade: Brand attitude, brand purchase intention, purchase facilitation, purchase, satisfaction, brand loyality.
What is FCB?
Foote, Cone and Belding adds level of involvement and different order to Think, feel, do.
Allows for more flexibility, however doesn’t allow for individual differences in involvement, instead assumes per product.
What do sales-response models and hierarchy of effects models have in common?
All assume sequence, passive consumer. No underlying processes/interactions.