What Is Advertising?: According To William J. Stanton, "Advertising Consists of All The Activities
What Is Advertising?: According To William J. Stanton, "Advertising Consists of All The Activities
Advertising Examples:
Coca-Cola’s ‘I’d like to buy the world a Coke’, aired in 1971, is the world’s most
famous TV advertisement.
Digital advertisements are advertisements made especially for the internet and digital
devices users. These ads can be video, image, or text ads.
The digital video ads aren’t restricted to a 30-second or 50-second slot. An example of
a digital video ad is this advertisement by Airbnb.
Objectives of Advertising:
The objective of advertising is nothing but to sale the product or idea or a
service. The real objective of advertising is to increase awareness among the
consumer about the seller’s product. According to Huigy and Mitchell, “The
purpose of advertising is to sell goods, services or ideas to a large group of
prospective purchasers.”
For achieving this objective, various mass media like radio, television and
cinema are used by the advertisers.
Another objective of the advertising is to increase the demand for the product.
Advertising helps in creating a favourable atmosphere for maintain or
improving sales of the product. By means of the advertising prospective
customers may be induced to buy a particular product by informing them about
comparative quality price and other attributes of the product. Thus, changing the
habits of the consumers so as to shift from a rival product.
3. Educating the Consumers:
One of the basic objectives of every advertising is to educate the consumer and
the users about the uses and utilities of the product. This helps the consumers
and users in making good choice.
One of the basic objectives of advertising is to help the marketer to face the
existing competition effectively and efficiently. The marketers inform the
consumer about the price, quality and availability of product through
advertising.
Mathew’s, Buzzell and Frank had given the following objectives of the
advertising:
(o) To reach new areas or new segments of population within existing areas, and
Functions of Advertising:
For many firms advertising is the dominant element of their promotion mix. It is
particularly true in the case of producers producing convenience goods like –
detergent, toilet soaps; soft drinks etc. However, in recent times the use of
advertising is continuously increasing in case of shopping and speciality goods
too, as we see in case of automobiles; home appliances etc. Huge advertising is
done by the marketers to introduce a new product and show its features to the
target audience.
Advertising can also be used to convince the potential buyers that firm’s goods
or services are superior to that of the competitor’s goods or services in terms of
quality, quantity or price. It also creates a brand image in the mind of the
customer and make them loyal towards the firm’s goods or services.
i. Promotion of firm’s goods and services and thereby increasing sales of the
firm.
ii. Creating awareness in the potential buyer about the new product.
iii. Creating a favourable public image and thereby brand image in the market.
iv. Mass production facilities and thereby optimum utilization of resource of the
firm.