What is the nature and scope of advertising?

Advertising is the means of informing and influencing ​a vast audience to buy a product or service through visual, oral or written messages. ​ ​Advertising can be described as a paid form of non-personal presentation and promotion of ideas, goods or services.

What is the scope of advertising?

The scope of advertising is to communicate a message to current customers or potentially target new customers. It helps a company get a message or a piece of information across to their customer base regarding a new product or special deal.

What do you mean by advertising management?

Advertising management is a planned managerial process designed to oversee and control the various advertising activities involved in a program to communicate with a firm’s target market and which is ultimately designed to influence the consumer’s purchase decisions.

What are the features of advertising management?

4 important features of advertising are listed below:

  • Impersonal Presentation: Advertising is non-personal presentation of information.
  • Speedy and Mass Communication: Advertising is a speedy medium of communication.
  • Identified Sponsor:

What is the scope of advertising in the growing Indian market?

From being one of the newest and smallest markets, India is now among the top 10 countries. According to the Pitch Madison Ad Report 2017, the Indian advertising industry grew by almost Rs 5,500 crore in 2016, adding about 12.5 percent to AdEx to reach Rs 49,480 crore.

What are different types of advertising?

Types of advertising

  • Newspaper. Newspaper advertising can promote your business to a wide range of customers.
  • Magazine. Advertising in a specialist magazine can reach your target market quickly and easily.
  • Radio.
  • Television.
  • Directories.
  • Outdoor and transit.
  • Direct mail, catalogues and leaflets.
  • Online.

What are the 7 functions of advertising?

The seven functions and effects of advertising all lead to this goal.

  • Communicating Vital Information.
  • Persuading Consumers to Buy.
  • Creating a Brand.
  • Creating Product Demand.
  • Building a Customer Base.
  • Differentiating Products From One Another.
  • Previewing New Market Trends.

What are the 10 features of advertising?

15 Features of Advertising

  • Non-Personal Presentation.
  • An Investment.
  • Consistency.
  • Personalization and a call to action.
  • Commercial Usage, Identified Sponsor, & Large Audience.
  • Appeal, Message Theme, & Profession.
  • Sharing Information.
  • Element of the marketing mix.