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Formal Report Advertisment
Formal Report Advertisment
Executive Summary
Advertisement is derived from the Latin word “advertere” that is described as “to turn
mind towards”. Advertisement can be done of various mediums like television, print
media, social media or through billboards. Advertisement has the ability to change the
brand preference, brand loyalty and consumer behavior of a particular product. Primary
focus of advertisement to achieve sustainable development is by providing innovative
products and information of consumer choice. Advertisement agencies use paper and
energy factors which is affecting the environment as well as visual pollution occurs from
billboards.
Introduction
Advertisement is branch of marketing and a tool of mass communication to sell product,
service, idea or ideology. Purpose of the advertisement is to deliver the message to
maximum numbers so that people are aware of it. Companies use effective advertisement
to change the perception of people to desire result that is sales (Rosi 2010). This report
highlights the idea of advertisement and its different types. Effects of advertisement on
consumer behavior, brand loyalty and brand preference are also discussed in the report.
Impact of advertisement on sustainable development is part of the discussion too.
There are different types of advertisement which are briefly discussed below:
Trade Advertising: as the name suggests, trade advertisements are not for end customers
but for businesses. Purpose of trade advertisement is to attract middle man like
distributors, wholesalers or retailers so that they take the product to sell it to end
customers (Rosi 2010).
Short Term Advertising: Purpose of advertising could be short term or long term. Short
term advertisement refers to direct sale increase, increase revenue and develop awareness
of the product. Short term advertisement is mainly used for seasonal sales like clothes or
tourism.
Long Term Advertising: Purpose of advertising could be short term or long term. Long
term advertisement’s basic purpose is to build customer loyalty and maintain long term
relations (Janssens 2017).
Effects of Advertisement
It is important to mention that advertisement has the ability to change the brand
preference, brand loyalty and consumer behavior of a particular product. For this,
advertisement has to be innovative and eye catching.
Conclusion
Advertisement is most important aspect of marketing as it is directly related to sale of a
product or service. Companies use effective advertisement to change the perception of
people to desire result that is sales. Active marketing managers take the opportunity of
any weak point of competitors and advertise the products to capture the competitors’
customers. Advertisement can also help for sustainable development by innovative, eco-
efficiently, consumer friendly and open market products & services for everyone. Crucial
social challenge of advertisement is about luxury items promotion, it gives a sense of
deprive for those who cannot afford the product.
References