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Showing posts from June 18, 2023

FUNCTIONS OF ADVERTISING AGENCIES

FUNCTIONS OF ADVERTISING AGENCIES Today advertising agencies are found in virtually every major city on the world and their role in stimulating economic growth is solidly established. To understand advertising, we need to examine the functions of an Ad Agency. These are: - Talent & Creative productions: The basic function of an Ad Agency is providing talent. The creative efforts of the art director, the detailed analysis of the research director and the political understanding of the campaign director, are just a few examples of the many abilities of Ad Agency personal have to offer. A business organization or person will contract the services of an ad agency to help market a product. This function involves processing the information collected from the client and through research and designing communication material in the form of advertisements and other publicity material. This also includes planning creative strategies, copy or script writing, visualization, designing, layout, s...

WHY HIRE AN ADVERTISING AGENCY

WHY HIRE AN ADVERTISING AGENCY? Expertise and experience- An advertising agency brings together people with the required expertise and experience of the various sub-disciplines of advertising. Thus, it has the copywriters, visualizes, researchers, photographers, directors, planners and people who get business and deal with clients working in ad agencies. An agency moulds all these people into a team and gives them a highly conducive work atmosphere. The agency makes the best use of their talents and experience to deliver rapidly, efficiently and in greater depth than a company or organization could do on its own. Objectivity and professionalism- Advertising agencies are highly professional. Objectivity is a major virtue of ad agency. They operate in a strange way. While they take up advertising for others, agencies hardly advertise themselves. Ad agencies being outside intermediaries can be objective. They thus will offer independent and detached viewpoints and suggestions based on obj...

ADVERTISING AGENCY

WHAT IS ADVERTISING AGENCY? An advertising agency or ad agency is a service business dedicated to creating, planning and handling advertising (and sometimes other forms of promotion) for its clients. An ad agency is independent from the client and provides an outside point of view to the effort of selling the client's products or services. An agency can also handle overall marketing and branding strategies and sales promotions for its clients. Typical ad agency clients include businesses and corporations, non-profit organizations and government agencies. Agencies may be hired to produce an advertising campaign. The major role as advertising agency is to work alongside the clients to develop and sustain the brands that they mutually serve, through consumer understanding and insight and through creative and media delivery skills to provide best advice and the best execution thereof to those clients for the advertising of those brands. “Buildings age and become dilapidated. Machines w...

ADVERTISING AGENCY

Advertising agencies are outside companies that provide for the marketing and advertising needs of other businesses and organizations. Advertising agencies offer a full range of advertising services and advice based on market studies, popular culture and advanced sales techniques. Because they are independent from the client company, they can be objective about a client's promotional needs. An advertising agency or ad agency is a service business dedicated to creating, planning and handling advertising (and sometimes other forms of promotion) for its clients. An ad agency is independent from the client and provides an outside point of view to the effort of selling the client's products or services. An agency can also handle overall marketing and branding strategies and sales promotions for its clients. SELECTION OF MEDIA AGENCY Before proceeding with selecting a media agency, it is useful to be aware of what services media agencies offer in today’s market. Over the past years, ...

ADVERTISING’S DEPARTMENT IN AN ORGANIZATIONAL STRUCTURE

Advertising is a function of marketing and it works in the market for bigger sales of the product. When a firm or institution decides to launch an advertising campaign or programme, it needs to have a system and an organization to implement it for the achievement of the desired objectives. Therefore large firms and institutions have an advertising department to manage the advertising function. In small firms, there may not be a separate department of advertising but the function of advertising is looked after by a responsible person or chief executive of the firm. The advertising department usually depends on outside experts, often the advertising agency which prepares the advertisements, selects appropriate media and arranges to release them. This department is responsible for the advertisement budget and supervises the performance of the agency. An advertising manager has to coordinate with the marketing and sales function so that the advertising efforts may be fully integrated with ...

ELEMENTS OF DIFFUSION PROCESS AND CHARACTERTISTICS OF INNOVATIONS

ELEMENTS OF DIFFUSION PROCESS Four elements are required for diffusion process of an advertising message: ü      An innovation, which is an idea or a product or a service that is perceived new. ü      Its communication from one individual to another ü      Its penetration from one individual to another ü      Its use over a period of time CHARACTERISTICS OF AN INNOVATION The characteristics of an innovation vary from one product to another, and tend to vary between geographic area and culture. These characteristics are summarized as: Relative Advantage: This refers to the superiority of the innovation over existing offers. Compatibility: Innovation has compatibility if it fits with the values and life-style of the prospects. Complexity: It means the degree of difficulty that consumers experience in understanding how it works and in using it. Divisibility: It is the extent to which the innovation may be used ...

DIFFUSION OF INNOVATION AND ADVERTISING MESSAGE

DIFFUSION OF INNOVATION The diffusion of innovation refers to the tendency of new products, practices, or ideas to spread among people. Usually, when new products or ideas come about, they are only adopted by a small group of people initially; later, many innovations spread to other people. The bell shaped curve frequently illustrates the rate of adoption of a new product. Cumulative adoptions are reflected by the S-shaped curve. The saturation point is the maximum proportion of consumers likely to adopt a product. In the case of refrigerators in the U.S., the saturation level is nearly one hundred percent of households; it well below that for video games that, even when spread out to a large part of the population, will be of interest to far from everyone. Several specific product categories have case histories that illustrate important issues in adoption. ATM cards spread relatively quickly. Since the cards were used in public, others who did not yet hold the cards could see how conv...

ADVERTISING CAMPAIGN

When a national advertiser plans an advertising campaign, he must keep in his mind the different requirements of the campaign which are as follows:- v      Analyzing the market v      Determining advertising objectives v      Establishing the budgetary an control systems v      Developing advertising strategy   PLANNING AN ADVERTISING CAMPAIGN The first step in preparing an advertising campaign is to target the right market and select the media which offers access to that market. The next step is to create and place foundation advertising which announces to the greatest number of people that your product exists and what place it occupies in the market. Is it the biggest?, the best?, the least expensive? This becomes the product's positioning statement and your selling proposition. It is vital to your ultimate success to reach the greatest number of people in the shortest period of time during your found...