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
in publicity. message originates from the ______ and in advertising, it originates from _____
- media
2. advertiser
in ______, person involved does not have to pay
publicity
______ has control over timing and content of message in advertising
sponsor
nature of advertising is _____
persuasive
nature of publicity is _______
informative
first requirement of a good advertisement
it must be able to attract the attention of the people to whom it is directed
techniques to make ad have attention value
- use catchy but short headlines
- use pictures of product
- put a question
- quote price when it is relatively low
- insert reply coupons
- use artistic effects
repeated use of _____ and ______ help to make ad memorable
brand names, trademarks
smiling baby is associated with ____
Murphy radios
emphasis on the ________ and ______of the product help to create interest in consumers
superiority and necessity
a good ad should _____ the people
educate
consumer products of daily use require ______ appeal for advertising
wide
industrial products are better advertised in
trade journals and direct mail
Local markets
films, outdoor media. regional newspapers
when market is large, what media should be used?
newspapers, radio, TV
Short advertisements
radio, TV, films
Lengthy advertisements
newspapers and direct mail
sales promotion is _______ - term incentives
Short
sales promotion is of _______ nature
non recurring
purpose of sales promotion
obtain spot buying
________- is a supplement to personal selling and advertising
sales promotion
sales promotion is best for _____ products
new
cost of sales promotion per unit is __
Low
_______, ______,_________-are costlier than newspapers, outdoor media
radio, TV, films
other factors affecting choice of advertising media
objective of an ad
media used by competitor
type of buyers
sales promotion has a ____ term perspective whereas advertising has a ____ term perspective
short, long
sales promotion is (individual/mass) communication
individual communication
________ is an identification mark used to differentiate from competitive products
brand
a registered brand is also known as _____
trademark
under what act is a brand registered?
Mercantile Marks Act 1958
__________ is a means of differentiating the product from its competitors
Branding
methods of sales promotion
- samples
- trading stamps
- coupons
- premium/bonus offer
- price-off offers
- Prize contests
- demonstrations
- exchange offers
a premium offer can be of 3 types:
with-pack premium
reusable container
free-in-the-mail premium
essential of a good brand :
- brief and simple
- easy to pronounce, spell
- distinctive not easy to imitate
- attractive
- suggest utility of product
- capable of registration
value which a brand adds to the product
brand equity
consumer prefer same brand due to faith
brand loyalty
informing and reminding customer to purchase particular brand
brand promotion