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Submitted To
Submitted By
UDIT BUBNA
B. Com (H) Final Yr
DEPARTMENT OF COMMERCE
DESHBANDHU COLLEGE
DELHI UNIVERSITY
CONTENTS
Introduction
Project Design
World of Advertisement
Need for Advertising
What Makes an Advertisement Effective
Ethics in Advertising
Limitations
Conclusion
Reference
ACKNOWLEDGEMENT
UDIT BUBNA
DECLARATION
Advertisement
has
been
of
Dr.
Seema
Gupta,
of Commerce Deshbandhu
and
has
not
been
submitted
UDIT BUBNA
HOD
Mentor
INTRODUCTION
Advertising is the key to the world prosperity: without it today
modern business would be paralyzed.
Advertising is the essence of public contact. The great art in
writing advertisements is finding out a proper method to catch the
reader or viewers eye: without which a good thing may pass over
unobserved.
One such strategy is celebrity endorsement of the brands.
What is a brand? A brand is a name, a sign, or a symbol
such as a trademark or logo that identifies a product or service
and differentiates it from similar products or services. It is
different from a product, in that the product performs a task
for the user while the brand adds value and covers the source
of the product protecting the customer, producer from
competitors who would attempt to provide products that seem
to be identical.
Marketers use a whole lot of tactics to draw the
consumers attention to their brand - one of these is getting
celebrities to endorse the products. A celebrity may be the
embodiment of the companys image. When celebrities endorse a
brand, customers become aware of the product/service such that
they totally believe and trust that the purchases will meet their
requirements and expectations. But all this provided there is a
proper fit between the chosen celebrity and the brand
Advertisers play this trick with the consumers; they know
that some faces actually appeal to the masses, be it Sachin in
boost, Sharukh in Santro or Big B Amitabh Bachchan in
ICICIC.
A well - chosen celebrity can draw attention to a brand
e.g. Sachin Tendulkar, the worlds number one batsman endorse a
product like boost ( a malted drink targeted towards children)
cricket-crazy children fans of the player feel All I have to do is to
drink boost and I can play cricket like Sachin.
This project is a study of the advertising strategies of
different companies who use celebrities to promote their brand and
hence increase on sales.
The study has been divided into two sections:
1.
Content Analysis
2.
Consumer survey
A consumer survey conducted to analyze the impact of these adsto what extent was the consumer influenced and persuaded.
The content analysis and the consumer survey were simultaneously
conducted for the capital location of Delhi.
The OBJECTIVE of the project is summarized as follows:
Introduce
the
word
advertising.
Highlight
its
need,
PROJECT DESIGN
SAMPLE
India till today remains a press dominated country.
Though the medium of TV is no less, the reach of newspaper as
compared to TVs is more.
For this project on the analysis of celebrity
endorsement in ads the mediums picked are print and TV. It was
thought more relevant and meaningful. To concentrate on the
analysis of ads appearing in these mediums, because the
companies reach out to their existing and potential customers
through these mediums. Coverage of both was considered
necessary for fair representation.
STUDY PARAMETERS
In case of content analysis the study parameters were
restricted to print and TV only.
For the consumer survey a questionnaire was prepared to
analyze the influence of these celebrity endorsed ads on the
consumers.
2.
In this world of cut throat competition where all the producers aim
to lure the customers and gain profits, advertising comes to their
rescue. Ads influence the prospective buyer and provoke and
persuade him. It is also a brand building strategy.
3.
2.Communication
3. Economic
4.Societal
communication
consists
of
several
related
the role of advertising is as a means to objectively provide pricevalue information, there by creating a more rational economy.
The Social Role
Advertising also has a number of social roles. It informs us
about new and improved products and helps us compare products
and features and make informed consumer decisions. It mirrors
fashion and design trends and adds to our aesthetic sense.
Advertising moves from being informational only, to creating a
demand for a particular brand.
ADVERTISING STRATEGY
The Who, When, What, Where and How of Advertising.
Advertising strategy as the name suggests, is the sequential
planning of the steps involved in advertising and marketing goods
or services.
Advertising strategy encompasses the target audience and
the key message and dictates the tactics used to deliver that key
message to the target audience.
What is a strategy?
Strategy =concept. This means that strategy is like a concept,
sequential planning or stepwise allocation of the procedure to be
followed.
Advertising strategies define the who, what, and why of
advertising. The where and when comprise the media
plan.
Who will you target? Why? And with what persuasive message ?
The answer to these questions will relay on three key components:
1. Customers
2. Competitors
1.
Target Consumer:
Communication is primarily a force that moves a human
Branding
What exactly is a brand? A brand is more than a symbol-
it is a promise that the service carrying the brand will live up to its
name, and perform.
4.
Budget
It is smarter and more economical, and, in the long run
Creative Strategy
Once a target and position have been selected for the brand,
Competitors
These are people who are competing with you for customers.
ETHICS IN ADVERTISING
Ethics have always been an important aspect of every business
activity, although the term has meant different things at different
times in different lands to different people. Nonetheless, as ethical
concerns are an inseparable element of business, advertising
cannot ignore them. Sadly, the advertising industry has rarely cared
to look beyond immediate marketing objectives. The argument in
the industry is that it is the government's job to judge what is right
and what is wrong. Shirking its own responsibility for regulation,
the industry has belittled business values and agencies have
harmed their balance sheets.
For any business, customer is very important, and businessman
attempt to communicate to all their target customers using means
Product Differentiation
It is a fact that advertising brings about products variety through
real and psychological product differentiation.
Critical evaluation of Advertising
Though many benefits are achieved through advertisements, the ad
message is becoming more and more exaggerated. To achieve
competitive advantage, advertising magnifies unimportant
differences, resorts to clever, tricky product promises, and claims
more and more unbelievable benefits. The customer finds many
advertisements as false, deceptive, or misleading. Consumers are
uncertain regarding whether or not the performance of a product
purchased will in fact meet their needs. If they find that the product
lacks in quality, advantage, durability etc., as advertised they might
not buy it again, and develop an aversion to every other product of
that company.
Unethical Advertising
Advertisement is considered unethical in the following situations;
When it has degraded or underestimated the substitute or rival's
product.
Affirmative Disclosures
If an advertisement has provided insufficient information to the
consumers, an affirmative disclosure might be issued Affirmative
disclosure require 'clear and conspicuous disclosure' of omitted
information. Often the involved information relates to the
deficiency or limitations of the product or service possibly relating
to matters of health or safety.
Corrective Advertising
Corrective Advertising requires the advertisers to verify past
deception by making suitable amendment in any of its future
commercial.
Self Regulation in Advertising
It is our responsibility to regulate our operations. And we must do
it ourselves. Self regulation is not a quick-fix solution; it will be
completely ineffective without commitment from and the integrity
of one and all. Self Regulation may require the following;
CONCLUSION
Reputable companies and advertising agencies avoid telling lies.
They realize the cost of being caught. A dent in trust can prove to
be much costlier than the failure of an ad campaign or for that
matter, even a brand. The challenge before advertisers and
agencies is to ensure that ads reflect our values. We must endeavor
to see that "advertising" does not remain a dirty word.
LIMITATIONS
CONCLUSION
Summarizing the advertising strategy is also as important as
effectively building it.
What product or service is advertised? Is there promotion of
overall image, a specific product or service, a product line?
What benefit does this strategy promise? Why is that benefit,
the key benefit?
Would the typical customer agree? How is this promise
supported? Can you state for why you deliver this benefit better
than any competitor ca?
What character or tone will the ad project? How is this
consistent with other marketing efforts?
Once these questions have been answered the creative
approach is prepared.
Good advertisers know that how you say something is just
as important as what you say. What you say comes from strategy,
whereas how you say it is a product of creativity and execution.
Strategy, creativity and execution all contribute to whether an ad
wins an award.
REFERENCES
Newspapers
important role in the sale of the products than anything else. They
were certain factors taken under consideration by the people
regard.
THANK YOU