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Advertising Review Definition Any paid form of nonpersonal communication through the mass media about a good, service, or idea by an identified sponsor. Types of Advertisements Product Advertisements – Pioneering ads – Competitive ads – Reminder ads Verizon Mobile Instant Messaging What is the type and purpose of this ad? Slide 19-7 Allegra What is the type and purpose of this ad? Slide 19-11 FTD What is the type and purpose of this ad? Slide 19-14 Components of Advertising Program Define Target Audience Specify Advertising Objectives Set the Advertising Budget Design the Advertisements Select the Media I. Define the Target Audience Demographics Psychographics Benefits sought Media usage II. Advertising Objectives Create awareness Provide information Compare product to competitor Encourage trial Remind consumers III. Advertising Budget Approaches Percent of sales Competitive parity All you can afford Objective and task IV. Design the Advertisement Unique Selling Points – benefits the customer receives when they buy or adopt the product. Message Strategies – – – – – – Spokesperson Testimonials Comparison Humor appeal Fear appeal Imagery Execution – Copy – Layout – Storyboard V. Select the Right Media What is media? Advantages and disadvantages of Media Alternatives Selection Criteria Television, direct mail, and newspapers account for more than 60% of all advertising expenditures (in $millions) 19-13 Advantages and disadvantages of major advertising media Slide 19-48