The business advertising messages can also remind business customers about opportunities business product offers helping people improve their health, for example.. The business can do th
Trang 4I INTRODUCTION
Advertising is a means of communication with the users of a product or service Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined.
Advertising is important for every aspect of a business Advertising is important for the business on the whole as it lets the business gain more customers, thereby increasing business turnaround Advertising can be achieved using various media like television, newspaper, radio, banners, pamphlets, websites, etc.
Marketing helps spread ideas Good marketers educate and help people make better decisions Marketing and advertising are essential for customers to make good decisions, for companies to prosper, and therefore for the economy The business world is competitive, and advertising is used to introduce a business, build a brand, and position a company, product or service against the competition Advertising delivers strategic messaging and elevates awareness within the given market.
Trang 5II BODY
2.1 Aims of advertising
Attract new customers
One of the most obvious goals of advertising is to attract new customers The business does this by informing readers, viewers and listeners about the benefits of a business product or service, the attractive price, and where and how they can buy your product or service.
Maintain customer preference
The advertising reminds current customers of the benefits they want or problems business can solve for them The business advertising messages can also remind business customers about opportunities business product offers (helping people improve their health, for example) It can also offer new ideas for using the product, encourage them to sign up for business loyalty programs, or remind them that businesses offer customer support.
Position against competitors
Another objective of advertising is to show the marketplace that businesses are superior to competitors The business can do this with direct comparisons, calling out competitors by name, or by using general references that remind customers that the business offers a feature, benefit, warranty, or another selling point the business marketplace doesn’t have.
Grow or maintain market share
Another aim of advertising is to increase or maintain market share If the business is a new company, they need to offer lower prices, accessible customer service, discounts, or other promotions to gain entry into the marketplace.
If the business has good sales and a loyal customer base, they need to advertise so that customers don’t forget about business unique selling If the customers haven’t heard from business or seen business advertising in a while, a new competitor might catch their eye.
Branding and brand management
Once create a brand around unique selling differential, start branding the product by creating a logo, slogan or mascot Businesses should use the same typeface and colors in all your branding efforts As part of business marketing strategy, pursue brand management, which requires business to make sure don’t send mixed messages For example, if you are a high-end shampoo sold only in salons, starting to sell in big box retail stores or advertising buy- one-get-one-free promotions might damage your brand.
Target specific customer types
Trang 6The business advertising and promotions should use media that focuses on the correct target customer Older consumers might respond better to TV, radio, print and direct mail advertising Younger consumers use digital media, so your ads should be mobile-friendly and run on social media channels.
2.2 Channels of advertising
2.2.1 Online Advertising
Online Advertising it, like other types of advertising, aims to provide information and a way to transmit marketing information; Introduce products, brands to users across mediums to get website traffic and target and deliver messages to the right customers Help users easily access through searching the network by electronic devices.
Adventage
Target the exact audience of potential customers
Through data analysis of customer information, online advertising is often aimed directly at potential customers who have a real need for the company's products There by the effect of this type of advertising is also stronger than other types of advertising.
Easily measure progress through specific metrics
Through specific metrics such as: the number of visits to the ad, how long the customer has followed the ad, and the number of people reaching the ad who have purchased the company's products We can easily measure the effectiveness of the running advertising program
Save time
Online advertising is one of the fastest channels to bring information about products to consumers.
Businesses can control their costs optimally
Online advertising is very easy to save and manage costs Because, it does not have the costs incurred as other types of direct advertising How should businesses plan on advertising costs, the results will be the same.
Too many ads make users confused
Users will feel bothered by too many rampant ads on the network From there, they will have an unpleasant look at products that are heavily advertised online On the other hand, so many products are advertised that they don't know which one to choose.
Customer information is easily exposed
Trang 7Customers' habits, preferences and consumption behavior will be easily collected and exchanged This may cause some people to get it to use it for bad purposes or annoy customers
The company's account or social network may be being faked
There are individuals and organizations that will fake the company's reputation to sell non-genuine products This greatly affects the interests of customers and the reputation of the company.
2.2.2 Out-of-Home Advertising
Outdoor advertising is a form of advertising for brands, products and services that customers can see when they are outside their homes Specific outdoor advertising methods such as: Billboard advertising, Pano, Advertising at car waiting houses, airports, bus stations
Adventage Cost savings
This type of advertising is more cost-effective than other types Manufacturers just need to print their products creatively and place them in conspicuous places
Customers are hard to ignore
Because this type of advertising can appear anywhere, it is very difficult for consumers to ignore it After being exposed to outdoor advertising products, consumers will have passive impressions of the company's products This will increase brand awareness for that company.
Affected by external factors
Factors such as weather, materials, etc will greatly affect the quality of advertising Ads will degrade when exposed to the natural environment for a long time Leading the company to constantly innovate, ensuring the quality of advertising is still good.
Ad performance is difficult to measure
Through out - of - home advertising, the company will not be able to know how many people have reached the ad, whether they are interested in the company's advertising and whether the company sells products based on the effectiveness of the advertising or not.
Many regulations related to Law
Advertising products can not be displayed everywhere Businesses can get into some legal trouble if they advertise widely and without permission from the government.
2.2.3 Print Advertising
Trang 8Print advertising is a form of marketing that uses physically printed media to reach customers on a broad scale Ads are printed in hard copy across different types of publications such as newspapers, magazines, brochures, billboards, or direct mail.
Adventage Cost effectiveness
Print advertising can make your promotional budget more efficient and effective with the variety of placements and inserts available within a specific newspaper Instead of a broad-stroke strategy in which you try to reach the largest number of people at once, use local newspapers to reach an interested audience less expensively Local print advertising offers a wide range of options that can fit nearly any budget.
Most print advertisers offer a choice as to where to place your ad in a publication You may choose the location that offers the highest visibility Print media offers fractional sizes, multiple pages, regional editions, and other special-placement options You can get more creative with your advertising depending on the amount of space you have.
Reading print boasts better attention and retention
Studies show that people san a website for approximately 15 seconds, on average, before moving on That is a tiny window of time to make a big impression! But you have people’s attention for longer when they’re reading print.
Effectiveness is difficult to measure
Print advertising can be hard to measure effectiveness, readership figures don’t tell you how many people really see your ads, and response rates can be low.
Limited Ad Placement Control
When it comes to printing ads in newspapers or magazines, you don’t always have a lot of control over where your ad is placed This lack of control over placement can hinder your ability to reach your target audience and may impact the returns you see on your investment.
Scheduling Difficulties
Some brands have difficulty in scheduling advertisements in newspapers and magazines If brands are not able to get their ad placed right away, this can impact the effectiveness of their campaigns It also creates competition with other competitors.
2.2.4 Broadcast Advertising
Trang 9Broadcast advertising is defined as different media channels or broadcasters such as the television, internet, audio podcasts, video content, and others The primary purpose of broadcast ad is to broadcast and communicate with the public.
Multi-sensory appeal
Broadcast ads make use of audio, video, and a combination of audiovisual media It is effortlessly more appealing to consume broadcast media than other forms such as print advertising It’s all thanks to several senses stimulated, making messages more impactful and even emotional.
Broad reach
Another advantage broadcast advertising media has the scope of reach that os capable of, which is immense If you want a piece of information to reach as many people as possible in as little amount of time, broadcast advertising is your best bet.
Broadcast advertising is not just effective It can also be very economical From a company’s perspective, broadcast ad may take some investment, especially if you are looking to advertise on TV However, radio broadcasts are relatively cheap and are therefore a good option for small businesses that want to get the word out about their products.
Disadvantages Creative limitations
Broadcast ads are often limited in terms of time and images, so they are usually very simple and short, however, still have to ensure the necessary content Therefore, radio advertisements often limit the creativity of advertisers.
Lack of target market selectivity
Because broadcast advertising is broadcast publicly on devices such as television, radio, etc., it is difficult for businesses to focus on their target customers and target market This can lead to missing customer segments that are important to the advertised product.
Due to heavy competition, there are chances of failure
Broadcast advertising is a form of advertising with cost savings, reaching many different customers; suitable for both large, medium and small businesses This leads to stiff competition between businesses, and can also lead to advertising failure.
2.3 How to design a good advertising
Identifying the target audience
Identifying the target audience for advertising is a crucial step in developing an effective advertising campaign The target audience is the specific group of people
Trang 10who are most likely to be interested in the product or service being advertised To identify the target audience, it is important to consider factors such as demographics, psychographics, and behavior.
Demographics include characteristics such as age, gender, income, education, and geographic location Psychographics include factors such as values, attitudes, and lifestyle Behavior refers to the actions and habits of potential customers, such as their buying habits and online activity.
By understanding these factors, advertisers can create targeted messages and select appropriate advertising channels to reach their desired audience For example, if the target audience is young adults who are interested in outdoor activities, advertising on social media platforms such as Instagram or TikTok might be more effective than traditional print advertising.
Setting advertising goals and objectives
The first step is to identify the target audience and determine the message that needs to be conveyed The goals and objectives should be specific, measurable, achievable, relevant, and time-bound (SMART) The objectives could be to increase brand awareness, generate leads, increase sales, or improve customer loyalty The goals should be based on the marketing budget, the target audience, and the desired outcomes.
Once the goals and objectives are established, the advertisement can be created with the appropriate messaging and creative elements The advertisement should be tested to ensure it resonates with the target audience and achieves the desired outcomes.
Developing the advertising message
Developing an effective advertising message is a crucial aspect of creating a successful advertisement The message must be carefully crafted to communicate the key benefits of the product or service being advertised and to persuade the target audience to take action To create a compelling advertising message, marketers must first identify their target audience and understand their needs, wants, and preferences They must also determine the unique selling proposition (USP) of the product or service, which is the key feature or benefit that sets it apart from competitors.
Once the target audience and USP have been identified, the message must be developed in a way that is clear, concise, and attention-grabbing The message should be tailored to the medium in which it will be delivered, such as television, radio, print, or online It should also be designed to elicit an emotional response from the audience, whether it be excitement, curiosity, or a sense of urgency.
Trang 11In addition to the message itself, the visuals and other elements of the advertisement should also be carefully chosen to reinforce the message and capture the attention of the audience These may include images, colors, fonts, and music or sound effects.
Selecting the right advertising media
Your businesses need to find the right media for your goals, customers, time and budget In other words, what media would be the best place for your business to advertise Start with the places your customers spend time each day You may need to research different TV or radio, websites, magazines, newspapers, outdoor advertising or other media
For example, to advertise baby milk, advertisers often focus on TV media because it is popular for both mother and baby, best represents sounds, colors, and emotions
Creating an advertising budget
Advertising budget can be extracted from the previous year's business plan or profit Before doing an advertising campaign, advertisers should carefully consider the budget to decide the right advertising media You'll need to determine if the ad campaign fits within your existing budget and has a significant impact on your organization's business Careful consideration of the budget will help the advertising campaign to be fully and under control
Measuring advertising effectiveness
Last, but not least, is measuring advertising effectiveness Based on your business goals, you should determine specific metrics to know if your advertising campaign is successful you will need to compare the number of store visitors, or the number of orders placed during and after the advertisement is done If the results are not as expected of your business, it is necessary to make adjustments, re-evaluate the steps in order to prepare for the next advertising campaign.