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Advertising Marketing Co-Op
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Advertising Any paid form of non-personal promotion of ideas, goods, or services by an identified sponsor
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Advertising is EVERYWHERE
The average person is exposed to 2,000 advertisements each week
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Types of Advertising Promotional Advertising – the goal is to increase sales Institutional Advertising – the goal is to create a favorable image
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Mass Advertising Enables companies to reach large numbers of people with their message Ex: Television and Radio
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Media The agencies, means, or instruments used to convey advertising messages to the public Four categories Print – newspaper, magazine, direct mail, outdoor, transit Broadcast – TV, radio Online – banner and pop-up ads Specialty – pencils, cups, lanyards
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Print Media Includes advertising in newspaper, magazine, direct mail, signs, and billboard One of the oldest and most effective types of advertising
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Newspaper Advertising
In 2004 there were 1,456 local daily newspapers in the US Why they work….. Usually offer a variety of options for size, location, and frequency Makes it easy for companies to select what best suits their budget and advertising goals
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Newspaper Advertising
It is estimated that 55% of adults in the US read a newspaper everyday Shoppers – offer very little editorial content, but are delivered free to residents who live in a specific area
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Newspaper Pros and Cons
Cheapest form of print advertising Reaches specific region (target market for local businesses) Cons Limited shelf life (usually thrown away daily) Usually printed in black and white (not very visually appealing
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Magazine Advertising Can be distributed locally, regionally, or nationally Can be published weekly, monthly, or quarterly
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EXAMPLES Time Magazine – National weekly magazine Southern Living – Regional magazine Vogue Magazine – National monthly magazine Brides Magazine – National quarterly magazine
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Magazine Advertising Classified as consumer or business to business Consumer – read for personal pleasure ex: TV guide, Sports Illustrated, Seventeen, Readers Digest Business to Business – trade publications, interest professionals in a specific field ex: Advertising Age, Women’s Wear Daily
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Magazine Advertising Cons Pros Cost is much higher than newspapers
Usually deadlines are a month or two before publication (requires careful planning) Ads can not be time sensitive Pros Can reach a very targeted audience with little wasted circulation People tend to keep them for a long time Usually gets passed on to others They are usually read much slower Ads are printed in color and are usually very eye catching
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Direct Mail (marketing)
Highly focused form of advertising Printed – mailed to homes Electronic – sent through Good way to keep CURRENT customers up to date on new products, services, and promotions
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Direct Mail (marketing)
Cost effective way to generate leads for personal selling Can take many forms: Newsletter Catalog Coupon Sample Invitation
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Outside Advertising Two Types
Standardized –only come in standard sizes like billboards, posters and spectaculars Nonstandardized – signs companies put up in their place of business or in other local locations (custom made)
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Outside Advertising Spectaculars – out door signs that are purchased or rented from advertising companies that use lights and moving parts to attract attention
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Outside Advertising Pros Cons Highly visible Relatively Inexpensive
24-7 message Reaches large number of people Cons Limited viewing time Inability to target a specific target Government regulations on location Only changes every six months or longer
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Transit Advertising Taxis Buses Trains Public benches Trash cans
Advertisements found on public transportation Taxis Buses Trains Public benches Trash cans Subways/metros Airports Bus stops Public benches
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Transit Advertising Reaches a wide, sometimes captive audience
Economical/inexpensive Has a defined target, usually geared toward urban areas
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Online Advertising Still a small part of overall advertising, but is growing steadily as the internet becomes more and more influential Online sales in $9.7 million
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Online Advertising Banner Ads – most popular form of online advertising Usually rectangle, and found at the top, bottom or side of a web page Button Ads – similar to banner ads, but they are placed in strategic positions on the page
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Online Advertising Banner Ad Button Ad
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Online Advertising Pop Up Advertisements – TV-like spots that pop up between web pages Viewer must click on the ad to go to the website or close the window to resume surfing Only 1% of people actually click on these kinds of ads
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Pop Up Advertising Pop Up Ad
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Specialty Advertising
Giveaways usually inexpensive novelty items that can be used by consumers that feature the companies name or logo Pens Cups Calendars Hats Magnets
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Broadcast Advertising
Invention of Lying Clip
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Activity Get the Orange Textbooks
Complete the questions from Chapter 19.1 Questions 1-3 on page 408 Questions 2-6 on page 417
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