General Advertising

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General advertising

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20 Terms

1

General advertising

Any paid form of nonpersonal communications about an organization, product, service, or idea by an identified sponsor

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2

Paid form of persuasive communication

A form of advertising that uses mass and interactive media to reach broad audiences in order to connect an identified sponsor with buyers

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3

Inform/educate

The purpose of advertising to provide information about availability, features, pricing, and comparison

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4

Position in the consumers' minds

The purpose of advertising to differentiate one product from another and identify a market segment

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5

Persuade/sell

The purpose of advertising to encourage purchase, support, or donation

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6

U.S. spending on advertising in 1946

Slightly more than $3 billion

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7

Total advertising expenditure for 2022

Over $300 billion in North America

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8

Predominant media

TV, online, newspaper, radio, out-of-home, on-site, magazine, video, and more

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9

Business-to-Consumer (B2C)

Advertising from an organization to a household user

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10

Business-to-Business (B2B)

Advertising from a business to another business in an effort to promote a product/service for their own use or for another business or household consumer

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11

Brand advertising

Promoting a product, service, person, or idea

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12

Retail advertising

Advertising for national or local retail establishments (stores, restaurants, hotels, more)

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13

Institutional advertising

Advertising that focuses on establishing a corporate identity or winning the public over to the organization's point of view

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14

Non-profit advertising

Advertising used by non-profits to create awareness or solicit funds

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15

Public Service advertising

Advertising that provides a message for a cause and can only be used by non-profits

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16

Pros of advertising

Informs, builds the U.S. economy, provides jobs, and entertains

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17

Cons of advertising

Makes products/services more expensive, builds a greed mentality, encourages overspending, intrudes on media programming, and wastes time

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18

Copy

The words in an advertisement, including headlines, body, captions, and more

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19

Visuals

Videos, photographs, illustrations, graphs, or other visual elements in an advertisement

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20

Media selection

Choosing where to place the advertisement based on the marketer, budget, target audience, and purpose

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