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CSR The Theory says; Do CSR out of profit. The Practice indicates; Make profit out of CSR. 5/23/2017 Corporate Advertising Advertising used by large corporations to sell themselves. The primary function of corporate advertising is to enhance tolerance between publics and organization through information delivery and sharing. 5/23/2017 Corporate Ad & Product Ad Image development vs. Product selling Corporate advertising or commonly known as institutional advertising promotes a company image, rather than a specific brand. It attempts to create goodwill and the desired perception of an entire company, rather than one brand or product. Product advertising is trying to promote and sell a specific brand or product. 5/23/2017 Corporate advertising OR institutional advertising takes a much broader approach, concentrating on the philosophy, vision and mission of a particular industry or agency. Organizations often use it to promote image-building activities, such as environment-friendly business practices, caring society or new community-based programs that it sponsors & advocates. 5/23/2017 Corporate advertising is closely related to public relations, since both are interested in promoting a positive image of the company to the public. As an example, a large lumber/timber company may develop an advertising theme around its practice of planting trees in areas where they have just been harvested. A theme of this nature keeps the company's name in a positive light with the general public because the replanting of trees is viewed positively by most people. 5/23/2017 Approaches of Corporate Ad Image advertising Petronas Advocacy advertising Kurnia Insurance Cause-related advertising 5/23/2017 (Goodwill, Caring Society, etc.) (Road Safety Campaign) Ministry of Health (H1N1 Campaign/HPV) Critics on Corporate Advertising 1. Adds to the cost of products & services. 2. Reduces competition and create monopolies. Types of Corporate Advertising 1. 2. 3. 4. Public relations Advertising Institutional Advertising Cooperative advertising Recruitment Advertising 5/23/2017 Theory Indication of Good Corporate Advertising Companies that spent more money on corporate advertising were rated higher in areas such as; 1. Product quality, 2. Innovative research and development, 4. Good financial record, 5. Competent management, 6. Responsiveness to consumers, 7. Honesty, and responsiveness to employees. 5/23/2017 Corporate Advertising Corporate image (or identity) advertising To increase a company’s recognition or establish goodwill for the company and its products Eg. Petronas, TM, TNB, etc. Corporate issue advertising (advocacy ad.) To take a position on a controversial social issue of public importance in hopes of controlling public opinion 5/23/2017 Objectives of Corporate Advertising 1. Image development 2. Attract investors - financial/investment enhancement 3. Issue management 4. Increase awareness of companies activities 5. Improved tarnished image. 6. Attract quality employees. 5/23/2017 Corporate Advertising Goals; 1. Enhancement of the company's reputation, 2. Support for products and services, 3. Development of business interests, 4. Advocacy of a position or issue, and public communication of the company's social and environmental actions. 5/23/2017 Good Corporate Advertising 1. Good corporate ad should educate the publics/audiences. 2. Good corporate ad should be *Legal *Honest *Truthful. 5/23/2017 Steps in Creating Corporate Advertising Campaign Determine the advertising objectives. Make creative decisions. Make media decisions. Evaluate the campaign. 5/23/2017