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1. Introduction to Advertising
The term 'Advertising' originates from the Latin word 'advertere' which means "t
o turn the mind towards". The dictionary meaning of the term advertising is "to
give public notice or to announce publicity". This suggests that advertising act
s as a marketing vehicle and is useful for drawing the attention of people (pros
pects) towards a specific product/service/manufacturer.
2. Definition of Advertising
3. Features of Advertising
4. Advantages of Advertising
The advantages of advertising can be divided into two main groups. One group den
otes benefits to manufactures and other group denotes benefit to consumers. Let'
s find out how each of them gets benefited by advertising.
1.Information and guidance : Consumers get information and guidance from adverti
sing. They can study the advertisements of competitors and select the products w
hich are profitable to them. This avoids their cheating and exploitation at the
hands of middlemen.
2.Acts as reminder : Advertising acts as a reminder to consumers. They remember
what is urgently required to be purchased through advertising.
3.Special attraction to consumers : Advertising leads to competition among manuf
acturers and retailers. They have to offer something special in order to attract
consumers. Such attraction offers benefits to consumers. For example, manufactu
res have to bring down the price in order to attract customers. They have to sup
ply quality goods in order to attract more customers. All this is beneficial to
consumers in terms of price and quality of goods.
4.Raises living standards : Advertising raises the standard of living of people
by supplying information about goods and services which can offer convenience an
d pleasure to them. Advertising guides consumers in the selection of most suitab
le goods for their daily life. Thus advertising provides higher standard of livi
ng to consumers as a social group
5.Effective product use : Consumers get information about uses/benefits of diffe
rent products through advertising. They also get guidance as regards the right m
anner of using the product. This avoids possible damage of the product purchased
. Even the product can be used for different purposes because of the information
supplied through advertisements.
6.Removes misunderstanding : Advertising helps consumers in removing their misun
derstanding about certain products. They change their attitudes towards certain
products and services due to advertising.
It may be noted that advertising media have their special features, merits, limi
tations and suitability. An advertiser has to consider his advertising budget an
d select the most appropriate advertising media and use them for advertising pur
pose.
7. Decision-making in Advertising
8. Five Ms of Advertising
political advertising
advertising whose central focus is the marketing of ideas, attitudes, and concer
ns about public issues, including political concepts and political candidates. T
he essential task of political advertising is to gain the confidence of the peop
le for their acceptance of ideas and, in the case of political campaign advertis
ing, to influence their vote. Political advertising differs from commercial adve
rtising in that the product is either a person or a philosophy rather than goods
and services, and, in addition, the advertising objectives must be met within a
specific time frame. Also, political advertising carries a moral implication, b
ecause the results have potentially far-reaching effects on the population at la
rge. Political advertising raises many controversial social questions concerning
the funding of political campaigns, the truth or reality of political claims, a
nd the likelihood of slanderous or libelous claims made by political candidates