Preview

Advantages Of Advertisement

Satisfactory Essays
Open Document
Open Document
163 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Advantages Of Advertisement
It is undeniable that advertising brings some benefits to both customers and producers.Firstly, regarding to producers; they can expand the marketplace by means of advertising. When an advertisiment is published, especially in public communications such as TV or newspaper, there are a growing number of people knowing products, even habitants in remote areas. This leads to an increase in the number of customers. For example, the product market of the Vinamilk Company is expanded in all areas in Viet Nam thanks to advertising extension. Secondly, consumers can get products with more reasonable prices due to the advertising diversity. That different business groups advertise the same kind of goods at once stimulates competition in price between them. Thus, with a view to increasing sales, these companies tend to make reduction in price. For instance, customers can buy a TV with a lower price because TV manufacturers push down the price of flat-screen televisions while continuously improving both the image quality and the size.

You May Also Find These Documents Helpful

  • Best Essays

    Businesses exist for the purpose of making money. To do so, companies are constantly looking to improve sales of their products or services. In order to accomplish this, it is important that consumers be made aware of what it is that a business has to offer. As previously discussed, marketing is everything involved in the promoting of a business’s products or services. But in the following paragraphs one specific aspect of marketing will be discussed. The discussion will be dealing with advertising. When something is advertised it is made known. To advertise something is to describe or draw attention to something in a public medium in order to promote its sales. It probably goes without saying that effective advertising is a key to the success of a business (Advertising & Marketing Law, 2015).…

    • 1383 Words
    • 4 Pages
    Best Essays
  • Good Essays

    Non-price Competition

    • 454 Words
    • 2 Pages

    The major aim of advertising is to sell the product. This can be achieved not only by informing the consumer of the product’s existence and availability, but also by deliberately trying to persuade consumers to purchase the good. Like product development, successful advertising will not only increase demand, but also make the firm’s demand curve less elastic since it stresses the specific qualities of this firm’s product over its rivals’.…

    • 454 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Reading Response #8

    • 703 Words
    • 3 Pages

    Moreover, advertising can offer more choices to the consumers. For example, in the old days people buy product because they need it. Because the standards of people's living has improved so more attention is paying to the quality of production. In the article Urban Warfare by Kate…

    • 703 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Advertising as it is known today finds its roots in the industrial expansion of the 1880s. The mass production and the lowering of prices on consumer goods meant that more items were available to more people than ever before. The construction of the transcontinental railroads provided a national market for a company's goods. Advertising a product changed from simply announcing the existence of a product in a dull, dry fashion to persuading the public they needed and deserved to own the product. By developing repeat customers, advertising also helped build brand loyalty for the company. Brand loyalty helps sell other existing and new products to these same customers.…

    • 1193 Words
    • 5 Pages
    Best Essays
  • Good Essays

    One of the most popular promotional elements that company usually us is the advertising, but before we look into the pros and cons of this element. We first have to study its definition, what really is advertising? According to tutor2u® advertising is any paid form of non-personal communication of ideas or products in the "prime media". Examples are television, newspapers, magazines, billboard posters, radio, and cinema. Advertising is intended to persuade and to inform. The two basic aspects of advertising are the message (what you want your communication to say) and the medium (how you get your message across). After looking at the definition, we move on to the pros and cons of this element, first of all if u plan to reach out to a wide range if audience then advertising is the best choice. Advertising is very useful in the beginning of a product life cycle; this is because it helps a lot in building brand awareness. Although it enables company to reach out to a wide audience but advertising are unable to persuade customer to make the final purchasing decision. This is because advertising is a one way communication. Only buy advertisement itself, it is not possible to answer all customers question. In other…

    • 976 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Advertising is the most important tool in the marketing of products and services. There are many benefits of advertising which include:…

    • 421 Words
    • 2 Pages
    Good Essays
  • Better Essays

    This essay is going to examine how advertising strategies used in different market structures affects profits of the firms. This essay is being written based on Advertising, an article by Geoff Stewart, in which he examines “how do firms determine their advertising strategy”. In this article he uses Monopolies as an example of a non-competitive market and Oligopolies as an example of competitive markets, so in this essay Monopolies and Oligopolies will also be used as examples. However other competitive markets include perfect competition and monopolistic competition.…

    • 1145 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Advertisement has always been an important market strategy for firms to accomplish their goals. From cereal companies to airline companies, it is inevitable to go through the process of advertising. However, what purpose does advertising serve for consumers and suppliers in the market? In this report, it is to examine the relationship between advertising and the market demand curve. Moreover, the impact that advertising brings toward the consumers and the company supplying the product or service.…

    • 2024 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Analysis Of Sigma Thermal

    • 1713 Words
    • 7 Pages

    According to T Chan, high quality advertising campaigns promotes product goodwill and creates price elasticity among the demand for a product (Chan, Narasimhan, & Yoon, 2017). Creating price elasticity in the demand for a product is very beneficial for a company; it allows for the company to raise their prices while not lowering the annual amount of sales. This increases the budget of a company and allows for it to reinvest that to create further revenue growth. With this research done, it is important for redistribution companies to create the most effective advertisements, however, research done by G McAleer shows that in most instances, advertisers are not aware of the major considerations of consumers that go into the choice of the product they purchase in the industrial product market (McAleer, 1974). With outside advertising companies at a lack of knowledge of how to sell products in the industrial product market, industrial redistributors best option is to advertise for…

    • 1713 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Advertising business has changed into a terribly lucrative way of marketing goods and services of the company. Online advertising is one methodology of advertising that utilises the Net to supply the selling message that may attract patrons. Web is the main medium that can be employed as an element of web advertising to draw in patrons and spread the name of the company. There are a few examples of website advertising like e-mail selling, banner advertisements or contextual advertisements on assorted search sites. The advantages of advertising business web promoting are: Firstly, Ad beneficial for sellers and consumers. This is jointly advantageous. Sellers use advertising to plug products online by providing a clarification of the important points of products both in price, usability, and advantages of these products.…

    • 809 Words
    • 4 Pages
    Good Essays
  • Good Essays

    It began in the early 1940's and to this day still is in many of our…

    • 671 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Furthermore, advertising is a booming industry. This contributes greatly to the economy of the country. In fact, advertisements create competition among producers. As a result, they constantly try to upgrade the quality of their products and services to outdo their rivals. This also encourages creativity and talent among the advertisers.…

    • 986 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Everywhere you look, whether it is on television, magazines, the internet or billboards, there are dozens of products or services that are pushed onto consumers. The firms that are responsible for creating these advertisements are paid to persuade the consumer that he or she needs the product being advertised. The techniques used in the advertising industry usually focus on the benefits that will be brought to the consumer than on the actual product itself, giving people false hope for a better life if they buy their products.…

    • 928 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Advertisements create a brand name for the product being promoted. People can recognize the products from the catchy advertisements they see and thus sales are also improved.…

    • 284 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    On one hand, advertising is good because it tells us about new products. I cannot go shopping everyday so I watch television, read newspaper to have information about new products. In this case, advertising is helpful because both buyers and sellers have benefits. Buyers can enjoy the products and sellers have money.…

    • 270 Words
    • 2 Pages
    Satisfactory Essays

Related Topics