Marketing involves understanding customer needs and promoting products to meet those needs. The key elements of marketing include public relations, sales promotion, advertising, pricing, distribution, and profit. Public relations differs from advertising in that it involves unpaid media coverage rather than paid placements. Sales promotion provides short-term boosts to sales through discounts or incentives. Advertising communicates product information through various media to attract customers. Pricing must be set efficiently to maximize profits while fitting market realities. Distribution involves how products reach customers through business-to-business or business-to-customer channels like wholesalers or retailers. The overall goal is to generate profit by meeting customer needs.
For years, the Four P's of Marketing have helped guide businesses with products and services. This presentation looks at an alternative Four P's - Persuasion, Intent, Traction and Sketchability.
For years, the Four P's of Marketing have helped guide businesses with products and services. This presentation looks at an alternative Four P's - Persuasion, Intent, Traction and Sketchability.
B Business and Management (Standard Level)
All material taken from the IB Business and Management Textbook:
"Business and Management", Paul Hoang, IBID Press, Victoria, 2007
Stress is the body’s physical and psychological response to a specific demand made of us or to an event in our life. In some cases it motivates and encourages us to complete a task we find difficult so that we can take pride in ourselves and what we achieve.
Modern Marketing Practices-Marketing Control Types & strategies-Green MarketingVenkat. P
Marketing Department – Marketing Control & Types of Control. Modern Marketing Practices – Green Marketing, Cause – related Marketing, Mobile Marketing and Online Marketing.
B Business and Management (Standard Level)
All material taken from the IB Business and Management Textbook:
"Business and Management", Paul Hoang, IBID Press, Victoria, 2007
Stress is the body’s physical and psychological response to a specific demand made of us or to an event in our life. In some cases it motivates and encourages us to complete a task we find difficult so that we can take pride in ourselves and what we achieve.
Modern Marketing Practices-Marketing Control Types & strategies-Green MarketingVenkat. P
Marketing Department – Marketing Control & Types of Control. Modern Marketing Practices – Green Marketing, Cause – related Marketing, Mobile Marketing and Online Marketing.
Keynote on The Dragonfly Effect (dragonflyeffect.com) by Andy Smith (@kabbenbock) and Jennifer Aaker (@aaker) as presented by Jennifer Aaker at The Ink Conference in Lavasa, India in December 2010 (theinkconference.com)
The presentation gives some idea for the persons who are new to the "Marketing Research Process". It explains the entire process that is being processed in this Marketing Research Process.
Marketing Communication Mix: How to Build Strong Connections with Your Custo...QuekelsBaro
The marketing communication mix provides alI the necessary tools to effectively market your products in order to prosper in a competitive global market.
Nesta creative toolkit_book_4_in_it_for_the_long_haulTẠ MINH TRÃI
Opportunities for young creative practioners and creative entrepreneurs to acquire and broaden first-hand knowledge and skills for the future business initiatives.
In order to support to the growth of the Creative Economy in Vietnam, British Council collaborates with Vietnam Chamber of Commerce and Industry and the Investment & Trade Promotion Centre of Ho Chi Minh City to organize a four-day Training Programme for Creative Entrepreneurs in Hanoi and Ho Chi Minh City. The programme has been successfully implemented in various countries worldwide by the leading innovation organization Nesta from the United Kingdom.
Attending the Training Programme, creative entrepreneurs are defined as young people with creative idea/initiatives who start their business and young creative entrepreneurs trading up to 24 months. They should work in any of creative industries, including advertising, architecture, arts and antiques, crafts, design, designer fashion, film and video, leisure software, music, performing arts, publishing, software and computer services, television and radio.
Percy Emmett, a highly experienced specialist trainer and strategist in all areas of creative and cultural industries from the United Kingdom, will be the trainer in the Programme. With the extensive experience with setting up and running creative businesses building annual income of £1.7m, he is an expert in business development and mentoring from idea to setup, as well as change management covering all aspects of personal and professional skills, business diagnostics, business planning and finance.
During four days, participants have a chance to enroll on four sessions:
1. Listening and Values Modelling
2. Customer profiling & Future Evidence Modelling
3. Financial and Relationship Modelling
4. Drivers, Business as a Promise and Blueprinting
These aims will enable them to explore their idea and its viability and to enhance leadership, business planning, relation building, resources managing, marketing and financial skills.
E- Marketing Strategies
A marketing strategy refers to a business' overall game plan for reaching prospective consumers and turning them into customers of the products or services the business provides.
Marketing strategy is a process that can allow an organization to concentrate its limited resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage. A marketing strategy should be centered on the key concept that customer satisfaction is the main goal. Fulfillment of wants of the prospects is one the important goals of marketing activities.
Running Head Marketing PlanSWOT Analysis .docxcowinhelen
Running Head: Marketing Plan/SWOT Analysis 1
Marketing Plan/SWOT Analysis 14
Marketing plan/ SWOT analysis
Heather Taylor
Kaplan
MT499: Bachelors Capstone in Management-peregrine
Prof: Angie Sokol
July 31, 2016
Part 1
A well-developed strategy will aid in the realization of the business goals and build a strong reputation for your products. This marketing strategy helps in the focusing of the company products and services to the market segment most appropriate for them. The development process usually involves the creation of two ideas that are powerful to create awareness of the business and its products thereof (Hooley and Saunders 2004)
Marketing strategy is a component of a marketing plan that aims at directing the program toward the achievement of the organisational goals and objectives. Marketing plan is therefore a comprehensive document that lays bare all the regulatory advertising and marketing efforts and activities that are geared towards achieving these goals within a given duration of time. Marketing strategy has a pivotal role in increasing the sales volume of every organisation and realizing sustainable competitive edge. (Viardot, 2004) It encompasses all primary, short-term and long-term activities in the marketing field and it entails analysis of the initial strategic position of business together with the creation, evaluation and selection of market-geared strategies and hence lend to the goals of the firm as well as its marketing objective.
The process of marketing strategy development begins with the evaluation of the environmental factors, which entails the strategic constraints. It is therefore necessary to have a clear understanding of the external environment, including, technological, economic, cultural, political and legal elements of the environment. Secondly, goals are chosen and objectives set. A marketing strategy is, therefore, the explanation of all the specific actions to be taken to achieve the set goals. Marketing strategies are interactive and dynamic; partially planned and partially unplanned (Luke, 2004) this is to give room for the business to react to unforeseen challenges within the marketing environment as they try to keep focussed on a particular direction. A longer time span is preferred, usually five years. Simulation models such as customer lifetime value models aid marketers to conduct “what if” analysis to try and predict what might happen in future if certain conditions are met, and rate the extent to which such actions can affect the organisation’s revenue per customer and the churn rate. Strategies offer specification on how to adjust the marketing mix; firms can use tools such as marketing mix model to aid the resource allocation decision for various media and distribution of funds across a portfolio of brands.
An effective marketing heavily leans a well-informe ...
SocialXpand | To Boost The Chance for New ContractsSocialXpand
SocialXpand boost the reviews on link and enhance chance for new contracts via digital marketing for work. By Digital and social marketing we can also take care of false complaints on links.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
1. What is Marketing?
A- Met Needs = good companies sell.
B- Unmet needs = Great companies sells.
Marketing is All about!
1- Public Relation
2- Sales Promotion
3- Advertising
4- Pricing
5- Distribution
6- Profit
Public Relation:
Public relations include ongoing activities to ensure the overall company has a strong public image. Public
relations activities include helping the public to understand the company and its products.
How does it differ from advertising?
Public relations are the opposite of advertising. In advertising, you pay to have your message placed in a
newspaper, TV or radio spot. In public relations, the article that features your company is not paid for.
The reporter, whether broadcast or print, writes about or films your company as a result of information
he or she received and researched.
Sales Promotion
Sales promotion aims to provide a short-term boost to sales. Sales promotion looks for alternatives that
are more cost-effective - costing less to implement but providing a bigger increase in sales.
There are two basic types of sales promotions
1. Trade Promotions: The schemes, discounts, freebies, commissions and incentives given to the trade
(retailers, wholesalers, distributors.) to stock more, push more and hence sell more of a product come
under trade promotion.
2. Consumer sales promotions: are advertised in public media to attract consumer’s attention, this
schemes are floated mostly in festival times, like EID days New year’s or Christmas.
2. Advertising
Advertising is a means of communication with the users of a product or service. In today's world,
advertising uses every possible media to get its message through.
1. Television
2. Print (newspapers, magazines, journals etc)
3. Radio
4. Press
5. Internet (Facebook, Google, Twitter, Instagram, Linked in ….)
6. Direct selling
7. Billboards
8. Mailers
9. Sponsorships
10. Posters
11. Clothes
12. Colors
13. visuals and even people.
Pricing
Pricing is the process whereby a business sets the price at which it will sell its products and
services. Pricing is a fundamental aspect of seven Ps of the marketing mix.
A. Efficient price is a price that is very close to the maximum that customers are prepared to pay
B. Objectives of Pricing
To achieve the financial goals of the company (i.e. profitability)
To fit the realities of the marketplace (will customers buy at that price?)
Distribution
Distribution channels in marketing are one of the element of “7 Ps of marketing mix” placement
(distribution). It helps the companies to expand its reach and grow its revenue.
Types of Distribution.
1. Business-to-business (B2B) distribution: occurs between a producer and industrial users of raw
materials needed for the manufacturer of finished products.
2. Business-to-customer (B2C) distribution: occurs between the producer and the final user.
3. B2B and B2C, Companies can sell through a single distribution channel or through multiple
channels that may include:
– Wholesaler/Distributor
– Direct/Internet
– Direct/Sales Team
– Consultant
– Dealer
– Retail
– Sales Agent/Manufacturer’s Representatives
Profit
A financial gain, especially the difference between the amount earned and the amount spent in buying,
operating, or producing something.
This simple statement is often expressed as the profit identity, which states that
Total profits = total revenue (TR) – total costs (TC)
Marketing Mix Strategy
- Deliver your products or services in a way that satisfies your customers.
- An effective marketing strategy will help you to define the overall direction and goals for your
marketing.
- Your strategy should articulate how you are going to deliver your products or services in ways that
will satisfy your customers.
- Once you have defended your customers or target market, you need to start developing and
implementing tactics to reach them. The marketing mix will make up the tactical elements you
will use to carry out your strategy and reach your target market.
Marketing Mix Tactics
Identify the tactical action steps which will turn your strategy into a reality in your marketing plan, using
the guide below. The seven tactics below are sometimes referred to as the 7Ps because they all start with
the later p.
4. 1. Your product or service
What product or services are you going to offer? Discuss the branding, the packaging (where applicable),
and ongoing product or development. You should consider the features and benefits you offer, your
unique selling points (What makes your product/service different from everyone else's) and what
potential spin-of products of services might be.
2. The pricing of your product or service
Price is a critical part of your marketing mix. Choosing the right price for your products or services will
help you to maximize profits and also build strong relationships with your customers. By pricing
effectively, you will also avoid the serious financial consequences that can occur if you price too low (not
enough profit) or too high (not enough sales).
3. Your positon (place) in the marketplace
Whether it's a retail store, online shop or on social media, 'place' refers to the channels and locations for
distributing your product, related information and support services. This is how you will positon your
product in the marketplace, it's the location where a product can be purchased. Often referred to as the
distribution channel, this can include any physical store (e.g. supermarket) as well as virtual stores (e.g.
eBay) online.
4. The promotion of your product of service
How do you promote and market your business now (or intend to)? Regardless of how good your business
is, if you don’t promote it and tell people you exist, it’s unlikely you will make many sales. Promotion is
about attracting the right people to use and reuse your business. There are a number of techniques to use
and they can be combined in various ways to create the most cost effective strategy for your needs. This
can include online, branding, public relations and advertising.
5. The people in your business
(e.g. salespeople, staff)
If you have employees in your business, they can influence the marketing of your products and services.
Knowledgeable and friendly staff can contribute to creating satisfied customers, and can provide the
unique selling experience that an organization is often seeking. If an outstanding team provides a
competitive advantage, then the quality of recruitment
6. The process represents the buying experience
Process represents the buying experience the customer gets when they buy your product or service.
5. 7. The physical environment where the good/services are presented
The physical environment where your products or services are sold and delivered can have a significant
impact on how your customers' experience your business.
Business Environmental Analysis
- Business Environmental Analysis is all about Macro environment.
- Everyday our market is changing the way it is. Many new things are developed and in a matter of
about some seconds, the whole scenario stands different in front of us. Among them, there are
many things that we can control and then there are other things that fall beyond our control and
those are called systematic factors.
macro-environment
- A detailed analysis of the macro-environment or the environment as a whole is called PESTLE
analysis, which precisely means a bird’s eye view of the PESTLE analysis business conduct. The
PESTLE analysis ascertains for the managers and the strategy builders as to where their market
currently stands and where it will head off in the future.
PESTLE
- P for Political factors
- P for Economic factors
- S for Social factors
- T for Technological factors
- L for Legal factors
- E for Environmental factors
P for Political factors: These factors take into account the political situation of a country and the world in
relation to the country. For example, what sort of government leadership is affecting what decisions of a
country? All the policies, all the taxes laws and every tariff that a government levies over a trade falls
under this category of factors.
E for Economic factors: Economic factors include all the determinants of an economy and its condition.
The inflation rate, the interest rates, the monetary or fiscal policies, the foreign exchange rates that affect
imports and exports, all these determine the direction in which an economy might move, therefore
6. businesses analyze this factor based on their environment so as to build strategies that fall in line with all
the changes that are about to occur.
S for Social factors: Every country is different and every country has a unique mindset. These mindsets
cast an impact on the businesses and the sales of their products and services; therefore, PESTLE analysis
includes these factors as well. The cultural implications, the gender and connected demographics, the
social lifestyles, the domestic structures; all of these are studied by companies to understand the market
and the consumer better.
T for Technological factors: Technology greatly influence a business, therefore PESTLE analysis is
conducted upon these factors too. Technology changes every minute and therefore companies need to
stay connected along the way and integrate as and when needed. Also, these factors are analyzed to
understand how the consumers react to technological trends and how they utilize them for their benefit.
L for Legal factors: Legislative changes occur from time to time and many of them affect the business
environment. For example, if a regulatory body would set up a regulation for the industries, then that law
would impact all the industries and business that strife in that economy, therefore businesses also analyze
the legal developments happening in their environment.
E for Environmental factors: The location of countries influences on the trades that businesses do. Adding
to that, many climatic changes after the trade of industries and the way consumers react towards a certain
offering that is launched in the market. The environmental factors include geographical location, the
climate, weather and other such factors that are not just limited to climatic conditions. These in particular
affect the agri-businesses, farming sectors etc.
GENERIC COMPETITIVE STRATEGIES
Introduction
- Michael Porter suggested that businesses can secure a sustainable competitive advantage by
adopting one of three generic strategies.
- He also identified a fourth strategy "middle of the road" strategy, which although adopted by
some businesses, is unlikely to create a competitive advantage.
7. Generic strategies
- Cost Leadership Strategy
- Differentiation Strategy
- Focus Strategy
- Stuck in The Middle
Cost Leadership Strategy
- This strategy involves the organization aiming to be the lowest cost producer and/or distributor
within their industry. The organization aims to drive cost down for all production elements from
the sourcing of materials, to labor costs.
- by reducing production costs and therefore increasing the amount of profit made on each sale as
the business believes that its brand can command a premium price or
- by reducing production costs and passing on the cost saving to customers in the hope that it will
increase sales and market share
Example
- Low cost producers include Easy Group, Ryan Air, and Walmart.
8. Differentiation Strategy
- To be different, is what organizations strive for; companies and product ranges that appeal to
customers and "stand out from the crowd" have a competitive advantage.
- With a differentiation strategy the business develops product or service features which are
different from competitors and appeal to customers including functionality, customer support
and product quality.
Example
- Brompton folding bicycles when folded are more compact than other folding bikes. Folding bikes
are usually purchased by people with limited storage space at home or on the move; a compact
bike is therefore a valued product feature and differentiates Brompton bicycles from other folding
bicycles.
Focus Strategy
- Under a focus strategy a business focuses its effort on one particular segment of the market and
aims to become well known for providing products/services for that segment. They form a
competitive advantage by catering for the specific needs and wants of their niche market.
- A focus strategy is known as a narrow scope strategy because the business is focusing on a narrow
(specific) segment of the market.
Example
- Roll Royce, Bentley and Saga a UK company catering for the needs of people over the age of 50.
Are You "Stuck in The Middle"
- Some businesses will attempt to adopt all three strategies; cost leadership, differentiation and
niche (focus).
- A business adopting all three strategies is known as "stuck in the middle".
- They have no clear business strategy and are attempting to be everything to everyone. This is
likely to increase running costs and cause confusion, as it is difficult to please all sectors of the
market. Middle of the road businesses usually do the worst in their industry because they are not
concentrating on one business strength.
Conclusion
- To create a competitive advantage business should review their strengths and pick the most
appropriate strategy cost leadership, differentiation or focus.
- Although each of these strategies are known as generic strategies (because they can be applied
to every industry) they will not suit every business.
9. - Whatever strategy a business decides to adopt they should make sure that it isn't middle of the
road because one business cannot do everything well.
Market Structure
What is Market Structure?
A market is a set of buyers and sellers, commonly referred to as agents, who through their interaction,
both real and potential, determine the price of a good, or a set of goods. The concept of a market structure
is therefore understood as those characteristics of a market that influence the behavior and results of the
firms working in that market.
Things to be considered
- Number and size of sellers and buyers
- Type of the Product
- Conditions of entry and exit
- Transparency of Information
Types of Market Structure
1. Pure (Perfect) Competition
2. Monopoly
3. Monopolistic Competition
3. Oligopoly
Pure (perfect) competition
- Many and small sellers, so that no one can affect the market
- Homogeneous Product
- Free entry and exit from the industry
- Transparent information
Monopoly
- A single seller: The firmed industry is synonymous.
- Unique Product: No close substitutes for the firm’s product.
- The firm is the price maker: The has considerable control over the price because it can control the
quantity supplied.
- Entry or exit is blocked.
10. Monopolistic Competition
- Multiple firms produce similar products
- Firms face down sloping demand curves
- in the limit, firms compete away economic profits
Oligopoly
- Few large firms: Each must consider its rival’s reactions in response to its decisions about prices,
output, and advertising.
- Standardized or differentiated products.
- Entry is hard: Economies of scale, huge capital investment maybe the barriers to enter
-
Role of Consumer behavior in advertising
11. - Marketers need to understand the buying behaviour of consumers while designing their
advertisements for the desired impact. Advertisements play an essential role in creating an image
of a product in the minds of consumers. Advertisements must be catchy and communicate
relevant information to consumers.
- Understanding the needs of the consumer is really important when it comes to creating the right
advertisement for the right audience.
Remember it is only through advertisements; individuals are able to connect with your brand.
Identify your forget customer
- Identify your target audience. The advertisement in some way must touch the hearts of the end-
users for them to buy the product.
- It is really essential to show what the consumers like. Meet your target audience and find out
what they expect from your product and brand on the whole. Do not show anything which might
offend any religious group or community. Make sure the message is relevant and crisp. Overload
of information null if ies the effect and the advertisement might go unnoticed. Don’t try to confuse
the consumers. They will never buy your product. Understand their psychologies well.
- The advertisement must show what the product is all about. It should, in a way give some kind of
information about its price, benef its, usage, availability and so on.
- Consumers perceive Women Horlics as a health and energy drink which is a must for all working
women as well as expecting mothers for their overall well -being. A Horlics advertisement with a
male model does not make sense as the target audience would never be able to connect with the
product.
- A lean and inactive off ice going female drinking Women’s Horlics and thereafter beaming with
energy and cone idence would be the ideal concept for the advertisement. Through
advertisements, the company actually tries to win over the cone idence of consumers who would
not mind spending on their product.
- A Tag Heuer, Omega, Mercedes, I phone advertisement ought to be classy for people to recognize
these products as status symbols. Use expensive props, unique concepts and well known faces for
all premium and exclusive brands.
- Advertisements meant for younger people (college goers, young professionals) ought to be
colourful and trendy for them to be able to relate themselves with the product. Serious
advertisements do not go very well with the youngsters. It is essential to understand the mindsets,
attitudes and preferences of target audience.
12. - Advertisements for insurance plans, medical benef its, hospitals ought to be sensible as they
convey much serious information and target a mature segment of individuals altogether.
- The time slot of commercials also needs to be taken care of. Advertisements for products meant
for children should ideally be aired during afternoon or early evening hours as this is the time
when they watch maximum television. Understand the lifestyle of your target audience. Prime
time commercials are the ones which are viewed by maximum people.
- Choose the right theme for your advertisement. The advertisements ought to create the need
among the consumers for them to buy the product. Commercials ought to give complete
information to the consumers. All tobacco and alcohol commercials must show the warning
message.