advertising
INTRODUCTION TO ADVERTISING
LEARNING OBJECTIVES
Understand advertising concept and identify its key elements.
Distinguish how advertising differs from other elements of the sales hexagon.
Determine how advertisements are measured and paid; compute advertising cost.
Analyze advertising classifications, stages, elements of the triangle and advertising theme.
Contrast advertising department from advertising agency.
NATURE AND SCOPE OF ADVERTISING
The term "Advertising" comes from two Latin words: "Ad" (Towards) and "Verto" (I turn).
Literally means to turn people's attention to a specific thing.
ADVERTISING IS NEVER FREE
All forms of advertising incur costs and require payment.
BASIS OF PAYMENT
Advertising payment is based on time and space.
In print media, units of measurement include:
Per column centimetre
Per agate line
In broadcast media, costs are measured per 30 seconds.
ADVERTISING DIMENSIONS IN PRINT MEDIA
Specific Dimensions:
Full Page: 8.625"W x 10.75"h (including 0.25" bleed)
Half Page (Horizontal): 7.75"W x 4.75"h
Half Page (Vertical): 3.75"W x 9.75"h
2/3 Page: 5.75"W x 9.75"h
Additional sizes range from 1/3 Page to 1/8 Page varying in dimensions.
MEASUREMENT UNITS IN ADVERTISING
Per column centimetre: standard unit for print media advertisements, especially in magazines.
Per agate line: used for classified advertisements in newspapers.
30-second ads are the standard measurement for broadcast media.
THE ADVERTISING AND SALES HEXAGON
Components of Sales Hexagon:
Advertising, Sales Promotion, Sales, Publicity, Merchandising, Personal Selling, Public Relations.
FUNCTIONS OF ADVERTISING
Essential functions include:
Informing consumers about products and services.
Educating the market to make informed decisions.
Persuading prospective buyers to prefer certain products over competitors.
CLASSIFICATIONS OF ADVERTISING
Source-Originated Advertising: identifies the party that requests the advertisement. Includes producers, wholesalers, retailers, service businesses, governmental units, and individuals who pay for the advertisement.
Media Classification: includes print (newspapers and magazines), broadcast (TV and radio), outdoor media, transit media, and direct response media (telemarketing, e-commerce).
OBJECTIVES IN ADVERTISING
Promotional Advertisements: aimed at promoting brands.
Institutional Advertising: seeks to build goodwill or brand recognition.
Consumer Advertising: targets ultimate users of the product for personal use.
Industrial Advertising: targets business needs.
Trade Advertising: meant for reselling purposes.
Professional Advertising: focuses on specialists for product recommendations.
ADVERTISING CYCLE STAGES
Introductory Stage: Launching publicity for new products.
Competitive Stage: Urging consumers to prefer own products over competitors.
Retentive Stage: Maintaining consumer loyalty for products with established market presence.
THE ADVERTISING TRIANGLE
Key Components:
Advertiser: client or sponsor who pays for the project.
Advertising Agency: independent service organization responsible for creating and executing advertising strategies.
Advertising Media: channels for delivering the advertisement message (broadcast, print, outdoor, etc.).
THE ADVERTISING AGENCY
Key Departments:
Account Management: Serves as the communication link between the client and agency; manages project requirements.
Research Department: Gathers data for effective advertising decisions.
Copy Department: Prepares textual and script content for ads.
Art Department: Visualizes advertisement content into illustrations and designs.
Media Department: Plans and schedules when and where advertising messages will deliver.
Production Department: Handles the technical aspects of getting ads ready for distribution.
Traffic Department: Ensures compliance with ad deployment schedules.