24
Topic Advertisin g in our society

Advertising

Embed Size (px)

Citation preview

Slide 1

TopicAdvertising in our society

AdvertisingThe process of delivering a message about ideas, goods, and services, through the media, paid by an identifiable sponsor.

societyAsociety, or ahuman society, is a group of peoplerelatedto each other through persistent relations, or a large social grouping sharing the same geographical or virtual territory, subject to the same political authority and dominant cultural expectations.

Ways of advertising in our SocietyPrint advertisingBroadcast advertisingPublic service advertisingOutdoor advertisingSocial networkingCovert advertising Surrogate advertising

Print advertisingThe print media have always been a popular advertising medium.Advertising products via newspapers, magazines.

2. Broadcast AdvertisingBroadcast advertising is a very popular advertising medium that constitutes of several branches like; television Radio internet

Attracts the customers outdoorsSeveral events and tradeshows are organized by the companies.Examples of outdoor advertising are;

3. Outdoor Advertising

billboards

Bus Advertising

Wall chalking

posters

Broachers & pamphlets

booklet

4. Public Service Advertising

To convey socially relevant messages about important matters and social welfare causes like; AIDS, Energy conversation, political integrity, deforestation, illiteracy and poverty also.

Majority of advertisements bank upon celebrities and their popularity for advertising their products.5. Celebrity Advertising

Unique kind of advertising in which a product or particular brand is incorporated in some entertainment and media channels like movies , television shows or sports.6. Covert advertising

It stimulates demand. This stimulation is because ofthe availability of the product, discounts offered if any and the expectation of the fulfillment of latent and aroused needs.b)It supports other promotion mix elements. Itdoes reselling and helps thesales promotion and personal selling activities.c)It counters competitive moves. By combining with other promotion elements it acts as a competitive weapon. It differentiates the companys offer from otherproducts and builds a brand personality and image of its own.Role of Advertising

d)It develops brandpreference. When theproducts deliver the desiredquality, service and value it creates a satisfied customer. With consistent advertising, the brand preference gets reinforced. The satisfied customers spread a favorable word of mouth and are an asset to the company.e)It cuts cost by increasing sales, moreunits are produced and thecost of production comes down (economies of scale). Even the selling costs are decreased because there are a less number of wasted calls by the salesman. With lowerprices offered by the company there are more penetration markets and more demand for the product.f)It builds brandimages. Images are builtin the minds of theconsumer. There are positive images and are for different segments. A brand is a promise of a certain level of consistency, quality, service and other benefits like warranty etc.

Advertising creates brand equity and generates sales, both of which lead to increased wealth. The power and money possessed by todays corporations is staggering. Data from the World Bank (2005) and Fortune Magazine (2005) show that of the worlds largest 150 economic entities, 95 are corporations and only 55 are countries. These companies and organizations can spend millions or even billions of dollars on advertising to achieve behavioral change, usually to increase their market share or purchase a product. Alternatively, advertising can be used to increase the number of people using their products or services. This gives companies and organizations the potential to significantly alter the market, and in some situations alter social norms and perceptions.

Advertising Shapes the Society

Humans exist in an extraordinarily complicated stimulus environment, easily the most complex and rapidly moving society that has ever existed on this planet. It is not possible for any human to experience every situation that could ever occur so humans have developed a shortcut: using stereotypes and trigger features. Some examples of different stereotypes and trigger features used in advertising include expensive = good, the use of contrast, and social proof. The theory of social proof provides us with the shortcut of if others think the product is good, then it must be good. This allows advertisers to make claims such as fastest growing or best-selling, without actually making any claims that the product is good . Again, this gives advertisers the opportunity to encourage people to participate a desired behavior.

Positive impacts:AwarenessEntertainmentInformationGlamourInnovationBrand promotionOpinion moldingsImpacts of Advertising on society

Negative Impacts:

ConfusionComplexityVulgarityCompetitionFantasyExaggerationUnrealistic ExpectationsFalse images

Advertising and promotion provide a way for companies to achieve a business objective usually to sell goods or services. It provides a medium to transmit information to a prospective consumer, in a way that should maximize the effectiveness of the message. Once the advertising message has been delivered to the consumer, it is up to the individual to decode and analyze the message, based upon previous experiences and pre-existing beliefs. These experiences and beliefs change vastly between cultures and therefore advertising must integrate and adopt to individual cultures & societies. Conclusion