Professional Documents
Culture Documents
1. Product: This is what you're selling. Just like your cake, it could be
anything from a phone to a car. You want it to be good, useful, and
something people want.
2. Price: Like deciding how much to sell your cake for. You want it to
be fair, so people will buy it, but also enough to cover your costs and
make a profit.
3. Place: This is where people can get your product. For your cake, it
could be a bakery or a shop. You want it to be in places where your
customers can easily find and buy it.
4. Promotion: This is how you tell people about your cake. You might
use ads, social media, or discounts to let people know how amazing
your cake is and why they should buy it.
Also, when you buy things for yourself, you might not buy a lot at
once. But in business-to-business markets, companies often buy a big
amount of stuff because they need it for their business operations.
3. **Channel Markets:**
Channel markets are about how products get from the companies
that make them to the people who buy them. It's like the different
stores, websites, or distributors that help products reach customers.
4. **Institutional Markets:**
Institutional markets involve big organizations like schools,
hospitals, or government agencies buying things they need in large
quantities. They buy items for their operations or services, and
selling to them involves understanding their specific rules and needs.
1. **Product:**
- **Design and Packaging:** The appearance and packaging of a
product communicate messages about its quality, purpose, and
appeal.
- **Features and Benefits:** The unique features and benefits of a
product convey specific messages about its usefulness, value, and
advantages over competitors.
2. **Price:**
- **Pricing Strategies:** Different pricing strategies convey
messages about the product's perceived value. Higher prices might
signify exclusivity or premium quality, while lower prices might imply
affordability or value for money.
3. **Place (Distribution):**
- **Choice of Distribution Channels:** Selecting specific
distribution channels (e.g., online, retail stores) communicates
messages about the product's availability, accessibility, and reach to
customers.
4. **Promotion:**
Promotion involves various ways to talk about a product or brand:
Advertising: Using TV, radio, online ads, and more to show what's
special about the product.
Sales Promotions: Offering discounts or special deals to encourage
people to buy.
Public Relations (PR): Creating a good image through media
coverage, events, or sponsorships.
Direct Marketing: Sending personal messages through emails,
catalogs, or targeted messages to interest and convince customers.
These methods help in spreading the word about a product or brand
and encouraging people to buy it.
In ads, companies try to get your attention and make you interested
in what they're selling. They might use cool pictures, catchy songs, or
funny messages to make you remember their product. The goal is to
persuade you to buy what they're offering.
The main idea is to show how great their product is and why you
should choose it over others. So, advertising is like companies talking
to you, telling you why their things are worth buying.
7, What is mass media?
Mass media means ways of talking to lots of people all at once. It's
like TV, radio, newspapers, and the internet that share information
with many folks at the same time.
- **TV:** Shows programs and news with pictures and sound that
everyone can watch at home.
- **Radio:** Plays music and tells news or stories that everyone can
hear through their radios.
- **Newspapers:** They print stories, news, and ads that people
read to know what's happening.
- **Internet:** Websites, social media, and online news share
information with many people from different places.
These things help tell a lot of people about news, entertainment, and
things they might want to know. Mass media is like a big way to talk
to many people together.
8. Explain the role of advertising such as economic and societal Roles.
**Economic Role of Advertising:**
4. **Making Money for Media:** Ads bring in money for TV, radio,
newspapers, and websites, helping them create shows, news, and
content.
But, sometimes ads can be criticized for promoting too much buying,
not telling the truth, or setting unrealistic standards. It's important
for ads to be honest and responsible in how they talk about products
and influence people.
1. **Identification Function:**
- **What it does:** Ads help us recognize and remember brands
easily.
- **How it works:** Advertisements create special signs or pictures
that make brands stand out. For example, the 'M' for McDonald's or
the Nike swoosh are signs we quickly recognize.
2. **Information Function:**
- **What it does:** Ads tell us about products or services.
- **How it works:** Advertisements share details about what a
product does, its good features, and how much it costs. They help us
understand what the product can do for us.
3. **Persuasion Function:**
- **What it does:** Ads try to make us want to buy something.
- **How it works:** Advertisements use stories or messages to
convince us why we should choose their product. They might show
happy people using it, making us feel we'd be happy too if we buy it.
All these functions help ads catch our attention, tell us what's good
about a product, and make us feel like we want it. They work
together to make us notice and remember brands and products.
11. Explain what public relations is.
Public relations, often shortened to PR, refers to the strategic
communication process that organizations, companies, or individuals
use to create a positive image or reputation among the public. It
involves managing the information shared between an entity and the
public to build a good relationship and understanding.
These were important things PR people did to talk and connect with
others, but new trends might have come up since then.
15. Explain common public relations tools and their functions.
1. Paid media: the sponsoring organization pays for media and
controls how and when the message is delivered.
2. Owned media: channels owned and controlled by the
sponsoring organization: websites, blogs, or sponsored events.
3. Earned media: Consumers and mass media control mentions
and comments about the brand; the most credible media
option.
Advertising: creates corporate visibility or strengthen relationships
with various stakeholder audiences.
2. **Advertising Folks:** They create and design the ads you see on
TV, social media, or in magazines. They make sure these ads match
the overall plan.
5. **Sales Team:** These are the people who directly sell the
product to customers. They need to know what the ads are saying to
customers.
6. **Creative Team:** They make the ads look pretty and write the
words in them.
All these players work as a team to make sure that when you see an
ad or hear about a product, it's all consistent and makes you
interested in buying or knowing more about it.
20. Think of promotion like telling everyone about something cool
you have or do. Here's what promotion does:
1. **Telling About Stuff:** It lets people know about something new
or something they might like. Like telling your friends about a fun
game you found.
2. **Making You Want It:** Promotion tries to make you want that
thing. It might show how great it is or why it's better than other
things.
So, the AIDA model helps advertisers understand how to make ads
that catch your attention, keep you interested, make you want the
product, and finally, make you do something about it.
22. Explain need and wants in consumer behavior
**Needs** are things that we must have to live, like food, water, a
place to live, clothes, and things that keep us safe and healthy. These
are really important for us to survive and live our daily lives.
**Wants** are things that we would like to have, but they aren't
necessary for survival. They're things we desire or wish for because
they make us happy, comfortable, or entertained. For example, toys,
games, fancy gadgets, or going on a vacation are wants because we
don't need them to survive, but they make life more enjoyable.
So, needs are things we absolutely need to live, while wants are
things we'd like to have because they make life more fun or
comfortable. Both are important, but needs are essential for life,
while wants are more about our preferences and desires.
23. Explain the the facets model of effects.
The FACETs model helps us understand how media affects us in
different ways:
1. **Mass Communication:**
- Sends messages from one source to lots of people through things
like TV, newspapers, or social media.
- Talks to many people at once and aims to inform, entertain, or
persuade a big audience.
- Doesn't have much direct conversation back from each person.
2. **Interactive Communication:**
- Lets people talk back and forth directly, like in conversations,
texting, or social media chats.
- Provides quick responses, like chatting online or texting a friend.
- Feels more personal and tailored to each person's needs or
preferences.
In summary, mass communication reaches many without direct
conversation, while interactive communication involves direct
talking, quick responses, and personalized interaction between
individuals or small groups. Both types of communication are
important and have their unique ways of connecting and sharing
information.