Explain how advertising objectives would vary or remain the same for a frequently purchased product from a new brand vs an established brand in the market. Explain the message strategy of the advertisements for the above two scenarios. Choose one of the most appropriate short-term media budget allocation strategy for the ads of frequently purchased products and explain the rationale for the same
Selective Demand Advertising
Advertising includes communicating with people regarding a product or any service or an idea to sell or promote them. Advertising attracts the consumer towards a specific brand or to a product of a brand which enables them to buy products from that company and hence the company can prosper. Advertising is important both for the company which is in the industry for a longer period of time and even for those who are just starting up with their business. These days it is found that not only the transmission of the messages of a particular brand is done through television or radio but also it is done on the social media platform. Particularly for homegrown brands, social media has become one of the most important platforms which promote the advertising of their products and attract consumer to demand the same. The strategy to have a good advertising background is important for marketing a particular company or a brand.
Primary Demand Advertising
This topic is significant in the professional exams for both undergraduate and graduate courses, especially for
Explain how advertising objectives would vary or remain the same for a frequently
purchased product from a new brand vs an established brand in the market. Explain the
message strategy of the advertisements for the above two scenarios. Choose one of the
most appropriate short-term media budget allocation strategy for the ads of frequently
purchased products and explain the rationale for the same
Step by step
Solved in 2 steps
