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An Anatomy of Advertising Introduction to advertising • When a product is produced, its existence needs to be made known to the general public, otherwise the product will not sell. • Advertising draws the customer attention to a product. • Advertising give information of product to customer. • Advertising attract customer to buy the product. • Advertising can promote a new product and increase sales of existing products. Type of advertising techniques • • • • • Repetition Claims Association Bandwagon Promotions Repetition • Repetition is a simple but effective technique used to build identity awareness and customer memory. • Mention the product or company name more than once, let people remember it. • Television advertising combination of sight and sound, allows the advertiser to repetition Claims • Advertising that promotes specific features or makes claims about what a product or service can do for the potential customers. • By informing, educating and developing expectations in the buyer. Association • Associating a product or company with a famous person, catchy jingle, desirable state of being or powerful emotion creates a strong psychological connection in the customer. Bandwagon • The bandwagon technique sells a product or service by convincing the customer that others are using it and they should join the crowd. • Other bandwagon advertisements suggest that the customer will be left out if they do not buy what's being sold. Promotions • Coupons, sweepstakes, games with prizes and gifts with purchases create excitement, and participation encourages customers to build a relationship with the sponsoring product or service. • Getting something "free" or earning "rewards" makes promotions more attraction. • Limited-time offers and entry deadlines add urgency to this advertising technique's call to action. Type and Role of Advertising Agencies •Full Service Agencies •Interactive Agencies •Creative Boutiques •Media Buying Agencies •In House Agencies Full Service Agencies • Large size agencies. • Deals with all stages of advertisement. • Different expert people for different departments. • Starts work from gathering data and analyzing and ends on payment of bills to the media people Interactive Agencies • Modernized modes of communication are used. • Uses online advertisements, sending personal messages on mobile phones, etc. • The ads produced are very interactive, having very new concepts, and very innovative Creative Boutiques • Very creative and innovative ads. • No other function is performed other than creating actual ads. • Small sized agencies with their own copywriters, directors, and creative people Media Buying Agencies • Buys place for advertise and sells it to the advertisers. • Sells time in which advertisement will be placed. • Schedules slots at different television channels and radio stations. • Finally supervises or checks whether the ad has been telecasted at opted time and place or not InHouse Agencies • As good as the full service agencies • Big organization prefers these type of agencies which are in built and work only for them. • These agencies work as per the requirements of the organizations. Role of Advertising Agencies • Advertising agency is a service provider that helps its clients by developing suitable ad campaigns for them. • Their aim is to represent its clients' products and services before customers in such a way that a positive image is created in their minds. • Advertising agency's role start with the identification of its clients' goals and objectives. • This turns out to be of immense value in planning and creating the future course of action concerning ad campaigns.