Advertising is a non-personal form of promotion delivered through media outlets that requires payment. It can reach a large audience through a single message. The largest advertising conglomerates internationally are Interpublic, Omnicom, Publicis, and WPP. Modern advertising methods include web banners, bandwagon advertising, and keyword/pay-per-click advertising. Global spending on advertising was estimated at $467 billion in 2010, with internet advertising revenues in the US at $32 billion.
2. What is Advertising?
Advertising is a non-personal form of promotion
that is delivered through selected media outlets
that, under most circumstances, require the
marketer to pay for message placement.
Advertising has long been viewed as a method of
mass promotion in that a single message can
reach a large number of people.
Internationally, the largest ("big four")
advertising conglomerates
are Interpublic, Omnicom, Publicis and WPP
Plc.
3. TYPES OF ADVERTISING
Print Advertising - Newspapers, Magazines,
Brochures, Fliers
Outdoor Advertising - Billboards, Kiosks, Tradeshows and Events
Broadcast Advertising - Television, Radio and the
Internet
Covert Advertising - Advertising in Movies
Public Service Advertising - Advertising for Social
Causes
Celebrity Advertising
4. Modern Advertising Methods
Web banner advertising
If billboard advertising is used on roads, then a
similar type called banner advertising is used on the
web
Bandwagon Advertising
A propaganda advertising technique, which aims at
convincing the user that everyone else is using the
products or everyone in the customer base, is in
favour of the brand and so he must do so too
Surrogate Advertizing
Since laws have banned advertisements of cigarettes
and alcohol, companies like Kingfisher come up with
umbrella brands which remind the consumer about
the products banned from advertising.
5. Modern Advertising Methods
Promotional Advertising
Promotional advertising involves the use of promotional
give-away items or promotional media events, which help
to garner public attention and are an effective way of
advertising.
Handing out promotional freebies is a modern advertising
technique that is innovative and very effective as well.
Keyword Advertising
Commonly, keyword advertising is also known as pay per
click advertising or cost per action advertising.
Google Adwords program which is the most popular for its
keyword advertising.
1.
2.
7. Leading Ad Firms in India
Ogilvy & Mather
FCB Ulka Advertising Ltd
Rediffusion DY & R
Mudra Communication
McCann Erickson India Ltd
Leo Burnett India Pvt. Ltd
Contract Advertising India Ltd
8.
9. INTERACTIVE ADVERTISING
It is more of personal interaction between the consumer
and the company.
The main idea behind this type of advertising is that the ad
should be able to stand out in the crowd of similar products
and intrigue the customer to further know about the
product.
Interactive Advertising has allowed companies to advertise
with low budgets too and were able to attract same traffic
as other companies.
According to Interactive Advertising Bureau online, the
revenue this year was $26 billion, which is a 15% increase
from 2008.
Dominos Pizza in USA allowed their consumers to make
their own pizza by choosing the crust, toppings and size by
using their online accounts.
10.
In 2010, spending on advertising was estimated at $142.5
billion in the United States and $467 billion worldwide.
Internet advertising revenues in the U.S is currently at $ 32
billion.
Indian advertising revenues to grow over 13.5% in 2012.
BRIC nations constituted 20% global market share in 2012
and contributed to 45% of the global growth in 2011.
Advertising on Internet is set to capture 20% of global
advertising($90 billion dollars).
Leading countries in terms of growth rates : Argentina
(+37.9%), China (+22.5%), Kazakhstan (+25.6%), Russia
(+20.4%) and Brazil (+10.2%) .