Discuss the challenges facing new product advertising. Consider both well established brands and new brands entering the market.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Discuss the challenges facing new product advertising.

Consider both well established brands and new brands entering the market. 

Expert Solution
Step 1 Introduction

Advertising is a technique of marketing in which an organization is  uses different techniques to spread awareness and to increase the sales of a product. Through advertisement a company tries to create a need or requirements in the minds of customers and develops a positive perception of its products or services in the market. Advertisements helps both in the promotion and development of new as well as the old products.

Advertising is a very crucial process to any organization as if the appropriate method for promotion is not selected it can results in increase cost of operations without any productive results. 

Following are the type of advertisement techniques used by an organization-

  • Digital advertising
  • Social media advertising
  • PR
  • TV, Radio, Newspaper Ads
  •  Other Conventional forms 
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