Ls 3 Flashcards
Features of advertising
- Non-personal
- Mass communication
- Paid communication
- Identified sponsor
- Information and persuasion
two types of product advertising
direct action and indirect action
objective of product advertising
promote sale/reputation of a product/service
aim of direct action advertising
quick response to the ad
aim of indirect action advertising
favorable attitude towards the product for a long period of time
aim of institutional advertising
build favorable image of the organisation
What is informative advertising ?
gives info about product/institution
makes consumers aware of existence,use,feature
example of informative advertising
how to save petrol
how to avoid accidents
aim of persuasive advertising
persuade consumers to buy product
aim of reminder advertising
attempts to remind people about existing product
two other names for concept advertising
primary demand advertising
pioneering advertising
purpose of concept advertising
stimulate demand for a new type of product
concept advertising is designed to change _______ of people
life style
Example of concept advertising
“a diamond is forever” promotes diamond jewellery as a concept
Objectives of advertising
- introduce new products
- to sustain demand for existing products
- To build brand preference
- To eliminate middlemen
- To educate consumers
- To build goodwill
- To support dealers
Advertising aims at maintaining demand for an existing product in the face of growing ___________
competition
_______________ helps to yield repeat sales in the long run
brand loyalty
elimination of middlemen helps to reduce _____ for consumers
price
advantages of advertising to society
- generates employment
- raises standard of living
- adds to art and culture
- sustains the press
- promotes healthy comp
Advantages of advertising to consumers
- makes shopping easier
- educates consumers
- reduce price by increasing sales volume
- highlights quality and prices of competitive products
- reduces possibility of cheating and gives wider choice
Advantages of advertising to manufacturers
- creates demand
- helps to increase sales and profits
- creates goodwill
- helps to maintain demand
- establish direct link between producer and consumer
- helps to meet competition
Criticism of advertising
- higher prices
- creation of monopoly
- wastage of resources
- deceptive and untruthful
- extravagance
- vulgarity
advertising offers scope for ____ and ____
fraud, deception
in __________, identity of sponsor is not clear
publicity