2. Advertising
Meaning
▪ The word advertising is derived from the latin word “advertero” .
▪ Ad means “towards”, vertero means “I turn”.
▪ Literally it means “to turn peoples attention to specific thing”.
3. Advertising
Definition
The American Marketing Association Chicago has defined
advertising as “ any paid form of non-personal presentation or
promotion of ideas, goods or services by an identified sponsor”
4. Objectives of
advertising
Preparing the ground for new product
Creation of demand
Facing the competition
Creating or enhancing goodwill
Informing the changes to the customers
Neutralising competitor’s advertising
Barring new entrants
9. Benefits to
manufacturer
Increase sales volume
Increase net profit
Facilitates large-scale production
Stabilise the sales volume
Secure more dealers
Less expensive
Stabilisation of prices
Helps to open new market
Provision of information
16. Advertising
media
Meaning
The advertising medium refers to means through which the
advertiser can convey his message to the audience.
Definition
“Advertising media embraces each and every method the
advertiser has at his command to carry his message to the public”
- Brennam