Class code: BADM 2030
Topics Reviewed:
Introduction to Advertising
Definition
Classifications/Sub Classifications
Principles
Techniques
Misconceptions
Today's Topics:
Further exploration of advertising concepts and applications.
Sample Content Overview:
Various entities mentioned, possibly linking to advertising examples or brands.
Insights:
Understanding brand context within advertising can provide clarity about engagement strategies.
Mention of a specific brand: Jack In The Box.
Possible case study or example of advertising effectiveness.
Advertising:
A key component within the promotion mix for reaching target audiences.
Functional Areas:
Brand
Packaging
Services
Other Components:
Direct marketing
Sales force
Publicity
Sales promotion
Internet
Key Elements in Marketing:
Price considerations (List Price, Discounts, Bundling, etc.)
Place/Distribution strategies
Basic Definition:
Promotion of a company’s products/services through various mediums to increase sales.
Customer Focus:
Aims to make customers aware of products by addressing their needs and creating demand.
Global Importance:
Companies invest significantly in advertising budgets for market competitiveness.
Brand Building:
Essential for creating brand identity and facilitating sales.
Focus Areas:
Product
Services
Brand
Government promotions
NGOs (non-profits)
Broadcast:
TV
Radio
Print:
Newspaper
Magazine
Outdoor:
Billboards
Posters
Mailers
Digital/Social Media:
Engaging with audiences through online platforms
Categorization:
Commercial/For Profit vs. Public Service
Definition:
Paid segment of television programming to convey marketing messages for products.
Notation:
Often referred to as TV commercials (TVCs).
Concept:
Advertisers pay for airtime on radio stations to promote products.
Commercial Spots:
Frequently called 'spots' in the industry, integral for audio marketing.
Definition:
Uses internet and technology like mobile devices for product promotion.
Importance:
Engages a tech-savvy audience through innovative marketing strategies.
Definition:
Printed advertisements that can feature various ad types like classifieds and display ads.
Historical Context:
Long-standing method of advertising; foundational for many businesses.
Audience Reach:
Particularly effective for older demographics (45+) who are regular readers.
Definition:
Ads featured in local or national magazines; popular for their glossy presentation.
Origins:
First American magazine established mid-1700s.
Concept of Magazines:
Derived from the Arabic 'makhazin,' meaning 'storehouse'; they summarize diverse information.
Techniques:
Commonly used by small businesses; promote events or brand awareness.
Design Elements:
Include visuals, color, images, and engaging messaging.
Direct Marketing Methods:
Often involves mailing lists and processing assistance.
Types of Mailers:
Postcards, letters, catalogues, etc.
Definition:
Large outdoor structures that display advertisements targeting high-traffic areas.
Concept:
Advertising on buses and related infrastructure; flexibility in target audience.
Definition:
Advertisements aimed at specific audiences within defined locations.
Purchasing:
Often done through regional or national placement services.
Key Focus Areas:
Elements for creating impactful advertising messages.
Key Concepts:
Utilizing engaging narratives, concise messages, straightforward communication, and eye-catching visuals.
Utilization of Humor:
What works well for brands (e.g., Chipotle, Coca-Cola, FedEx).
Concepts Explored:
The use of emotional triggers to drive consumer engagement and recognition.
Exploration of methods used to capture audience attention.
Emotional Appeal
Promotional Advertising
Bandwagon Advertising
Facts and Statistics
Unfinished Ads
Weasel Words
Endorsements
Symbolism
Association
Fantasy
Covert Advertising
Aim to clarify false beliefs in advertising strategies and operations.
Advertising works only for some businesses.
Only needed in slow business periods.
Creates consumer needs.
Effects persist for decades.
Creativity is the sole factor for success.
Perspective Shift:
Advertising should be viewed as an investment.
Rationale:
Enhanced sales, market share, and consumer trust justify costs.
Focus:
Deep dive into TV Advertising.