Advertising is the promotion of a company’s products and services though different mediums to increase the sales of the product and services. It works by making the customer aware of the product and by focusing on customer’s need to buy the product.
Globally, advertising has become an
essential part of the corporate world. Therefore, companies allot a huge part
of their revenues to the advertising budget. Advertising also serves to build a
brand of the product which goes a long way to make effective sales.
There are several branches or types of
advertising which can be used by the companies. Let us discuss them in detail.
DIRECT MAIL
This is one of the oldest types of
advertising media. Under this method message is sent to the prospective buyers
by post. A mailing list is prepared for this purpose. Circular letters,
folders, calendars, booklets and catalogues are sent under this type of
advertising. In the sales letter an appeal is made to the buyers separately.
PRINT
ADVERTISING –
The print media has been used for
advertising since long. The newspapers and magazines are quite popular modes of
advertising for different companies all over the world. Using the print media,
the companies can also promote their products through brochures and fliers.
The newspaper and magazines sell the
advertising space and the cost depends on several factors. The quantity of
space, the page of the publication, and the type of paper decide the cost of
the advertisement. So, an ad on the front page would be costlier than on inside
pages.
Similarly, an ad in the glossy supplement
of the paper would be more expensive than in a mediocre quality paper.
NEWSPAPERS AND MAGAZINES ADVERTISING
These are the important forms of press advertising;
newspapers are the most effective and powerful medium of advertising.
Newspapers contain valuable information with regard to different current
events. It may be referred to as ‘a store house of information’. There are
daily, bi-weekly and weekly newspapers. Newspapers have widest circulation and
read by many people. The newspapers may be local, provincial or national.
MAGAZINES ADVERTISING
Magazines or periodicals are other
important media of communication. Magazines may be released weekly, monthly,
quarterly, bi-annual or annual. These are read with more interest by the
readers as compared to newspapers. Advertisements given in magazines are more
descriptive and attractive. They are usually in coloured form which depicts the
product nicely and gives lasting impression to the reader. There are magazines
or journals meant for general public and special class of people. The magazines
have longer life and are very suitable for advertising specific goods.
BROADCAST ADVERTISING
This type of advertising is very popular
all around the world. It consists of television, radio, or Internet
advertising. The ads on the television have a large Advertising and Sales
Promotion. The cost of the advertisement depends on the length of the ad and
the time at which the ad would be appearing.
TELEVISION
ADVERTISING
This is the latest and the fast-developing
medium of advertising and is getting increased popularity these days. It is more
effective as compared to radio as it has the advantages of sound and sight. On
account of pictorial presentation, it is more effective and impressive and
leaves ever lasting impression on the mind of the viewer. It is a very costly
medium which can be employed by big concerns only; it has a shorter life span
and limited coverage. Back reference to the advertisement cannot be made after
its presentation. The duration of the advertisement is very limited.
For example, the prime-time ads would be
more costly than the regular ones.
RADIO
ADVERTISING
Radio advertising is very popular these
days. The advertisements are broadcasted from different stations of All India
Radio. Radio advertising can be explained as “word of mouth advertising on a
wholesale scale”. The advertising messages can be in different regional
Advertising and 23 languages.
The
most important advantage derived from radio advertising is that it covers every
type of listener whether illiterate or educated. It is a very effective medium
for popularizing on mass scale various consumer articles. The coverage of this
medium is wider extending to a large number of listeners.
It ensures quicker repetition. Radio
advertising is not what it used to be after the advent of television and
Internet, but still there is specific audience for the radio ads too. The radio
jingles are quite popular in sections of society and help to sell the products.
FILM
ADVERTISING
This
is also known as cinema advertising. This also provides sight and hearing
facilities like television. Short advertisement films are not prepared by big
business houses which are sent to different cinema houses to be shown to the
audience before the regular shows or during the intermission. It has more
repetitive value but not to the same viewers. Its coverage is limited which
benefits the local population only It is a very costly medium involving higher
distribution and film making costs. Only big organizations can afford to
produce advertisement films. It ensures more flexibility at larger costs. Its
effectiveness cannot be measured properly. Film making is a time-consuming
process.
This is a unique way of advertising in
which the product or the message is subtly included in a movie or TV serial.
There is no actual ad, just the mention of the product in the movie. For
example, Tom Cruise used the Nokia phone in the movie Minority Report.
OUTDOOR ADVERTISING
This type of advertising includes different
media like posters, placards, electric displays or neon signs, sandwich men,
sky writing, bus, train and tram advertising. This is also known as ‘Mural
advertising’. The main aim of outdoor advertising is to catch the attention of
passerby within twinkling of an eye. This is the most effective medium of
advertising. This is very suitable in the case of consumable and household
articles like soaps, medicines, fans, shoes and pens etc.
PUBLIC SERVICE ADVERTISING
–
As evident from the title itself, such
advertising is for the public causes. There are a host of important matters
such as AIDS, political integrity, energy conservation, illiteracy, poverty and
so on all of which need more awareness as far as general public is concerned.
WINDOW
DISPLAY-
It is a common method which is usually
undertaken by retailers who display their products in the shop windows in order
to attract the customers. This is also known as exterior display. It is the
most effective and direct method of influencing the people. Window display has
direct appeal to the onlookers. It is instrumental in arousing the desire to
purchase in the prospective customers. It acts as a silent salesman. This type
of advertising has gained much importance in recent times and is an effective
tool to convey the message.
FAIRS
AND EXHIBITION
A trade exhibition or a fair is organized
on extensive scale which is attended by different manufacturers and traders
along with their products to be sold to the large number of people who visit
the exhibition. The exhibition may be either organized on local, provincial or
international basis. The manufacturers also distribute the sales literature and
sometimes free samples of goods to the people. Facilities of practical
demonstration are also provided to the customers. The customers clearly
understand the method of operation and use of the product.
SPECIALLY
ADVERTISING
Most
of the business houses in order to increase their sales, advertise their
products, give free gifts like diaries, purses, paper weights and calendars to
the customers. The name of the firm or the dealer is inscribed on the articles
presented.
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