Advertisement and marketing communication - Essay Example

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The new economy has brought success to e-bay and other organizations that use technology to apply marketing concepts like customer focus, good value, quality service and efficient exchange mechanisms for satisfying customer needs and wants. …
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Download file to see previous pages The new economy has brought success to e-bay and other organizations that use technology to apply marketing concepts like customer focus, good value, quality service and efficient exchange mechanisms for satisfying customer needs and wants. Basically marketing deals with identifying and meeting human and social needs. One of the shortest definitions of marketing is "meeting needs profitably (Kotler, 2003). Whether the marketer is Procter & Gamble, which created crest white strips in response to people's desire for whiter teeth; or, which developed an online resume databank so job-hunters and employers can find each other more efficiently; or CarMax which invented a new way to sell used cars because people want more certainly when buying such vehicles, all illustrate a drive to turn a private or social need into a profitable business opportunity. Companies must carefully monitor their customers and competitors, continuously improve their value offerings, carefully define the target market and value proposition, and take a long term view to satisfy customers, stockholders, employees, suppliers and channel partners. Modern marketing calls for more than developing a good product, pricing it attractively, and making it accessible. Companies must also communicate with present and potential stakeholders as well as general public. For companies it is not important to communicate but rather what to say, to whom and how often. The marketing communication mix consists of advertising, sales promotion, public relations and publicity, personal selling and direct marketing (Kolter, 1997).
Advertising is any paid form of non-personal presentation and promotion of ideas, good or service by an identified sponsor. Ads are a cost effective way to disseminate message, whether to build brand preference. In developing an advertisement programme, marketing mangers start by identifying the target market and buyer motives. Then they make 5 critical decisions known as five M's i.e. Mission (objectives) Money, Message, Media & Measurement. An advertising objective is a specifics communication task and achievement level to the accomplished with a specific audience in a specific period. Advertising objectives can be classified according to whether their aim is to inform, persuade, remind or reinforce. The international charity recruiting business school playing the major role through providing students who are voluntarily help small business to grow in the developing market. We are required to show in the advertisement that it conveys goodwill and image of the organization. So this advertisement could be categorized as institutional advertisements, which advocates its act and show its pioneer work. To develop an effective advertisement one has to identify the target audience. Here we have an organization, which has some genuine motives. Our target audience is the people, who are young, willing to be the part of society and work for the betterment of the society, people and organizations. So seeing the target audience of the advertisement we selected red color, which, depicts vibrant, energetic and highly self-motivated nature of youth and this color attracts people immediately. Here picture is showing the two basic domain of people or society that is haves and have-nots. There is a path, which is very difficult, but it can take the people from the category of have-nots towards who have. In between the path there are lots of roadblocks and potholes, which makes journey very difficult but our business school graduates have the capacity to make the transition much easier and he/she is right there to help voluntarily. Specifying the objective of the message plays a crucial role in deciding the nature. Simple and humorous massages which could be able to convey the message effectively will play the trick. It's an advertisement about voluntary service so it must contain some motivating message, which could easily attract ...Download file to see next pagesRead More
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