In: Operations Management
Setting objectives are as important for a business plan as it is for a day-to-day operations. Advertising objectives helps to monitor organizational goals more effectively and also helps in ensuring that right amount of money is spent in advertising of product and services. Different decisions which should be made before determining advertising objectives are:
-Realistic expectations
Expectations should be realistic and should start with setting small objectives.
-Market understanding
Decision on developing a market understanding should be made at first. Market understanding helps in knowing the audience and where can they be found.
-Accomplishment plan
Planning what to accomplish first helps in deciding the number of customers you want to reach or the expected sale with the help of advertisement.
-Using budget
Using budget for decision helps in making smart investment.
-Testing objectives
Testing objectives is necessary in order to ensure the feasibility of set objectives. This can be done by running test campaign.
Implications to be considered for an effective advertising message strategy are:
-Emotional
Using of feeling to sell the product. This helps in emotionally connecting the targeted audience with the product.
-USP
USP or unique selling proposition highlights something very unique about the product which makes the product different from others in the market.
-Positioning
This helps in placing the product or brand as the best in comparison to the competition.
-Brand image
Helps in creating a psychological image in connection to the product/brand.
-Pre-emptive
This means being the first to tell about the product /service to the audience.