In: Accounting
What is one concept, idea, or belief about
advertising and integrated marketing communication you learned this
semester that has changed or challenged your thinking and
perception of advertising and IMC? Why is this learning important
to you? (4 points)
Write a minimum of eight complete sentences using correct grammar, spelling, and punctuation.
How should advertising and IMC effectiveness be
measured? Why? (3 points)
Write a minimum of eight complete sentences using correct grammar,
spelling,
What are the impact and affect - both good and bad -
of advertising and IMC on society? Why does this matter to
you? (3 points)
Write a minimum of eight sentences
Advertising,
In simple words, it is a marketing communication technique or a non personal paid form to promote products,services or events of an organization. Big or small busnibus houses are behind the sponsorship of advertising, who wish to promote thier businesses. Advertising can be done by different means
-Newspaper
-Magazine
-Radio
Integrated Marketing Communication
IMC is a group or number of forms of communication in which messages are linked together carefully. It is integration of all promotional tools of communication in order to achieve promotional goals
IMC is broader term than Advertising
Advertising is a part of IMC
Types of IMC
-Advertising
-Public Relations
-Personal Selling
-Direct Marketing
Communication and sales effectiveness test
Communication Effectiveness Test
*Direct Ranking Test
In this test consumers rank alternative advertisements. They are exposed to different ads and are requested to rate them.
*Recall Test
To measure the retention value if ads this test is done. Consumers are asked to listen or view particular advertisements and are asked to recall the same.
*Laboratory Test
This test is done in laboratory with necessary equipments in which different reactions are recorded in terms of heart beat, blood pressure, etc.
Sales effectiveness test.
Historical test
Correlating the past sales with the past advertisement expenditure using different tools.
Experimental Test
This test is conducted to access impact of advertisement on sales.
Positive impacts of Advertisement and IMC
*Boosts economic growth of a country
*Creates more employment
*Creates awareness among society on different issues
*Awareness about freedom of selection
Negative impacts
*Bad effect on children
*Twisting of information
*Promotes sexism
*Promotes racism.