Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non-...

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Chapter 20 Advertising Media

Transcript of Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non-...

Page 1: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Chapter 20

Advertising Media

Page 2: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advertising & Its Purpose

Advertising – any paid form of non-personal promotion which uses a set format in order to communicate with an audience and identifies a sponsor. Two types of Advertising:Promotional Institutional Advertising

Page 3: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Promotional Advertising

Advertising designed to increase sales. It helps businesses by:Creating an interest in products. Introduces new productsExplains a productEtc…

Page 4: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Institutional Advertising

Attempts to create a favorable impression and goodwill for a business or an organization. It does so by:Presenting information about the

company’s role in the community.Discussing Public IssuesEtc…

Page 5: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Types of Media

Media: are the instruments used to convey messages. There are three general categories of advertising media:PrintBroadcast MediaSpecialty Media

Page 6: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Print MediaPrint media includes everything from newspapers & magazines, direct mail, to signs and billboards.

Print ads. are done in the written form.

They are among the oldest and most effective types of advertising.

Page 7: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Newspaper Advertising

Newspapers are a main form of print media for many businesses because over 55% of U.S. adults read the newspaper every day.National Papers: The Wall Street Journal,

USA Today etc..Local Papers: The Miami Herald, The Sun

Sentinal

Page 8: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advantages of Newspapers

Large Readership which covers a variety of areas targeting different markets.

Circulation is known therefore advertisers can use the newspaper to target certain markets.

Costs are low

Timely & Flexible

Page 9: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Limitations of Newspapers

Wasted Circulation

Life is limited

Quality is poor

Page 10: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Magazine Advertising

There are many different types of magazines:LocalRegionalNational

Weeklies, Monthlies, or Quarterlies

Page 11: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advantages of Magazine Advertising

Audiences are targeted because circulation is known.Magazines are read more slowly and thoroughly than newspapers so the information in the ad is likely to be remembered.Quality is goodMagazines have a long life.

Page 12: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Disadvantages of Magazine Advertising

Not as timely as advertising in a newspaper.

More expensive than newspaper ads.

Since magazines can target a specific audience, they have less of a “mass appeal”

Page 13: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Direct Mail

Is sent by the business directly to the prospective customers.Newsletters, catalogs, coupons, samplers,

invitations etc…

Direct Mail sells $80 billion in goods and services annually for local and national advertisers.

Page 14: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advantages of Direct Mail

Advertiser can be highly selective

Flexible and Timely

Incentives such as coupons can be used

There is a variety of formats to choose from.

Page 15: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Disadvantages of Direct Mail

Low level of Response – usually 1% or less

Postage costs are rising, therefore making this media more expensive to use.

“Junk Mail”

Page 16: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Outdoor Advertising

Billboards

Posters

Spectaculars

Their popularity is becoming restricted due to environmental and traffic concerns.

Page 17: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advantages & Disadvantages of

Outdoor AdvertisingAdvantages: Highly Visible Relatively inexpensive Message is being seen 24 hours a day Geographically positioned.

Disadvantages: Short Message Cannot target a specific market Must abide to government regulations.

Page 18: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Transit Advertising

Transit Advertising uses public transportation facilities to bring advertising messages to people. It includes:Posters found inside commuter trainsExterior posters on the outside of trains and

buses.Station Posters located near or outside

subways, railroads, or in bus and airline terminals

Page 19: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Advantages & Disadvantages of Transit Advertising

Advantages:Reaches a wide audienceEconomicalGeographically centered

Disadvantages:Usually unavailable in small townsSubject to DefacementRestricted to certain travel destinations.

Page 20: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Broadcast Media

Radio - reaches 96% of all people 12 and over in any given week.Drive Time – best time to advertise.

Television – offers sight, sound, action, and color.Prime Time – best time to advertise. Infomercials – 30-minute commercials

Page 21: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Adv. & Disadv. Of Radio

Advantages – Selective target market.FlexibleCan be “taken” everywhere.

Disadvantages – Short life spanSeveral stations compete for the same audience.Only listening skills are used.

Page 22: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Adv. & Disad. Of T.V.

Advantages Creative People can see

things “happen” Reaches a mass-

audience Messages can be

adapted to specific holidays etc…

Disadvantages High Production

Costs Size of the audience

is not assured. Commercials can be

a nuisance.

Page 23: Chapter 20 Advertising Media. Advertising & Its Purpose Advertising – any paid form of non- personal promotion which uses a set format in order to communicate.

Media Costs

Newspaper Rates Classified AdsDisplay Ads

Cost Per Thousand – Cost of the Ad*1000/Circulation