Page 613 - Business Principles and Management
P. 613

Unit 6




                                                 FIGURE 22-6  Types of Advertising Media by Categories


                                                      PUBLICATION ADVERTISING
                                                      newspapers, general and special interest magazines, business and professional
                                                      journals, and directories

                                                      MASS MEDIA ADVERTISING
                                                      radio, network and local television, cable television

                                                      OUTDOOR ADVERTISING
                                                      billboards, signs, posters, vehicle signage, and electronic displays

                                                      DIRECT ADVERTISING
                                                      sales letters, catalogs, brochures, inserts, telemarketing, fax messages, and
                                                      computer databases

                                                      DISPLAY ADVERTISING
                                                      window, counter, and aisle displays; special signage; self-service merchandising;
                                                      trade show displays

                                                      INTERNET ADVERTISING
                                                      static banner, interactive banner, buttons, sponsored site, cooperative site listings,
                                                      e-mail list development



                                                TIMING OF ADVERTISING Advertising is more effective at some times than others.
                                                Companies determine the times when potential customers are most willing and
                                                able to buy the products or services advertised. Many products and services are
                                                seasonal, with the majority of sales concentrated in a few months of the year.
                                                Companies spend more advertising dollars during those times when consumers
                                                are considering the purchase of the product than during times when customers
                                                are less likely to buy. For example, advertising for ski resorts or ocean cruises
                                                increases during the winter months, and advertising for air conditioners and
                                                lawn mowers appears mostly in the spring and summer.
                                                   Occasionally, companies advertise to increase purchases at times customers
                                                do not traditionally consider buying the product. By emphasizing new product
                                                development and advertising, turkey producers and processors have increased
                                                the sale of turkey products throughout the year. Those businesses had previously
                                                sold almost all of their products near the Thanksgiving holiday and one or two
                                                other holiday times during the year.
                                                   A single advertisement may produce temporary results, but regular advertis-
                                                ing is important in building a steady stream of customers. If advertising does not
                                                appear often enough, customers tend to forget about the business or product. To
                                                keep their name and brands fresh in consumers’ minds, businesses often spread
                                                their advertising over the entire year. Only when the company wants an immedi-
                                                ate impact, such as for a new-product introduction or for a special event, would
                                                it consider a large, one-time expenditure.

                                                ADVERTISING EVALUATION Advertising effectiveness is evaluated in a number of ways.
                                                Researchers measure which advertisements a market sees, what they remember




                  600
   608   609   610   611   612   613   614   615   616   617   618