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TYPES OF ADVERTISING YWCA, Lecture 4 OBJECTIVES OF ADVERTISING >Increase sales >Increase brand loyalty >Increase brand awareness >Inform about the product usage >Reduce the customer attrition >Develop brand image & personality >Develop brand connect >Create goodwill for the company MEDIUM OF ADVERTISING Advertising’s medium can be wall paintings, billboards, printed flyers and rack cards, radio, cinema and television adverts, web banners, mobile telephone screens, shopping carts, web popups, skywriting, bus stop benches, human billboards and forehead advertising, magazines, newspapers, town criers, sides of buses, banners attached to or sides of airplanes ("logojets"), in-flight advertisements on seatback tray tables or overhead storage bins, taxicab doors, roof mounts and passenger screens, musical stage shows, subway platforms and trains, elastic bands on disposable diapers, doors of bathroom stalls, stickers on apples in supermarkets, shopping cart handles (grabertising), the opening section of streaming audio and video, posters, and the backs of event tickets and supermarket receipts. MEDIUM OF ADVERTISING Any place an "identified" sponsor pays to deliver their message, becomes a medium for advertising. FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS FEW INTERESTING MEDIUMS CLASSIFICATION AUDIENCE BASED ON TARGET 1. Business to Business or B to B >It is directed from one business firm to the other >It generally appears in technical magazines >It is generally more informative in nature 2. Business to Consumer or B to C >Directed at individual consumers who use the end products >Involves maximum creativity 3. Public Service Advertisements >Generally promoted by government for the benefit of the general public CLASSIFICATION BASED ON MEDIA >Newspaper/ Print Advertising >Television Advertising >OOH Advertising >Internet Advertising >Radio Advertising PRINT ADVERTISING Press advertising describes advertising in a printed medium such as a newspaper, magazine, or trade journal. >Print media has a very loyal readership. Therefore the targeting the right consumer becomes easier. >Targeting a particular geographical area becomes easier >Inexpensive as compared to TV >Mediums like magazines are read for even a month Disadvantages: >>Shelf life for newspapers is just for a day >>The medium may not always give a wide reach >>Difficult to reach the uneducated section TELEVISION ADVERTISING It is considered as the most expensive and also one of the most effective medium of advertising. >It gives the opportunity for maximum creativity. >Due to high growth potential, it provides more employment and higher earning >We can’t even imagine few of the most successful ad campaigns in the absence of televisions. Eg. Hutch, Zoo Zoo ONLINE ADVERTISING Online advertising uses the Internet for the purpose of delivering marketing messages to attract customers. Online advertising can use websites, blogs, emails, etc. >It is inexpensive and enjoys higher freedom of expression RADIO ADVERTISING >Enjoys a much wider reach as compared to all other form of advertising medium. >Is inexpensive as compared to TV advertising >Has the restriction of using only sound but that gives room to more creativity and challenge >Becomes more powerful while communicating to the uneducated mass OOH ADVERTISING Out of home advertising is focused on marketing to consumers when they are "on the go" in public places, in transit, waiting (such as in a medical office), and/or in specific commercial locations (such as in a retail venue). Outdoor advertising formats fall into following four main categories: 1. Billboards 2. Street Furniture 3. Transit 4. Alternative OOH ADVERTISING 1. Billboards 2. Street Furniture Street furniture is made up of formats such as bus shelters, mall kiosks, and telephone booth advertising. This form of outdoor advertising is mainly seen in urban areas. Additionally, this form of advertising provides benefits to communities. 3. Transit Transit advertising is typically advertising placed on anything which moves, such as buses, food trucks and taxis, but also includes fixed static and electronic advertising at train and bus stations and platforms. 4. Alternative Alternative advertising provides a way to address consumers in places they may not expect like washrooms and other nontraditional areas CLASSIFICATION BASED ON WHAT IS BEING ADVERTISED 1. Product Advertising 2. Services Advertising 3. Brand Ads - It is done by businesses to build their image. It is not focused on any specific brand of product or service. Eg. Tata corporate Ad CLASSIFICATION BASED ON THE OBJECTIVES 1. Primary Demand Advertising The ads are focused on a particular category of product, rather than any specific brand, in order to stimulate its demand. This type of advertising is done under two conditions: A. When the product is in the nascent stage of its life cycle and the company advertising the product focuses on the usage and benefits of the product, instead of the brand. Eg. Meswak Ads B. It is done by trade associations to stimulate the demand for their industry’s product. Eg. “Sunday ho ya Monday roz khao Anday” by NECC CLASSIFICATION BASED ON THE OBJECTIVES 2. Secondary Demand Advertising It is targeted to stimulate the demand for a particular brand. Eg. Videocon Televisions, Dell Laptops, etc. 3. Direct Action Advertising Expects immediate response from the consumers. Eg. End of season sale 4. Indirect Action Advertising Tries to place the product/brand in the minds of the consumers, so that when they decide to make a purchase, they would look favorably on the advertiser’s product. Eg. Cars THANK YOU