Advertising and Promotion BY Wells, Burnet and Moriarty 5 Edition
Advertising and Promotion BY Wells, Burnet and Moriarty 5 Edition
Chapter Outline
I. Chapter Key Points II. What is Advertising? III. Roles and Functions of Advertising IV. The Key Players V. Types of Advertising VI. What Makes an Ad Effective? VII. The Evolution of Advertising VIII.The Current Advertising Scene
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Key Points
Define advertising and explain its key components Discuss the roles and functions of advertising within society and business Identify the key players and their roles in creating advertising Explain the different types of advertising Summarize the characteristics of effective advertising and explain why it is always goal directed Analyze the changes affecting the advertising industry
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The logic and planning behind the ad Advertisers develop ads to meet objectives Advertisers direct ads to identified audiences Advertisers create messages that speak to the audiences concerns Advertisers run ads in the most effective media
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The central idea that grabs the consumers attention Creativity drives the entire field of advertising
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Effective ads adhere to the highest production values in the industry Clients demand the best production the budget allows
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Communication channels that reach a broad audience How to deliver the message is just as important coming up with the creative idea of the message
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Roles of Advertising
Marketing Communication Economic Societal
The process a business uses to satisfy consumer needs by providing goods and services
Product category Target market Marketing mix Brand
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Roles of Advertising
Marketing Communication Economic Societal
Can reach a mass audience Introduces products Explains important changes Reminds and reinforces Persuades
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Roles of Advertising
Marketing Communication Economic Societal
Moves from being informational to creating demand Advertising is an objective means for providing price-value information, thereby creating a more rational economy
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Roles of Advertising
Marketing Communication Economic Societal
Informs consumers about innovations and issues Mirrors fashion and design trends Teaches consumers about new products Helps shape consumer selfimage (personalities /style) effect self-expression(thing we wear and use)
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Uses advertising to send out a message about its products Initiates the advertising effort by identifying a marketing problem Approves audience, plan and budget Hires the advertising agency
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Has strategic and creative expertise, media knowledge, workforce talent, and negotiating abilities
Advertising department In-house agency
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The channels of communication that carry the message to the audience Are also companies or huge conglomerates Mass media advertising can be cost effective because the costs are spread over the large number of people the ad reaches
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Assist advertisers, agencies, and the media in creating and placing the ads Vendor services are often cheaper than those in-house
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The desired audience for the advertising message Data-gathering technology improves accuracy of information about customers Advertisers must recognize the various target audiences they are talking to and know as much about them as possible
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Types of Advertising
Brand advertising Retail or Local advertising Direct-Response advertising Business-to-Business advertising Institutional /Corporate advertising Nonprofit advertising Public Service advertising (PSAs)
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