Skip to main content

EDP(Lecture 14)



                                     MARWARI COLLEGE,RANCHI                                                           (UNDER RANCHI UNIVERSITY RANCHI) 

NAME : RAJU MANJHI,PRAKASH KUMAR
SUB: EDP

 SEM : IT /CA/BCM VI

__________________________________________________________________________________________
ADVERTISEMENT

The American Marketing association some years ago attempted to bring a uniformity and better understanding in semantics of ads. It defined advertising as - Any paid form of non- personnel presentation and promotion of ideas goods or sources by an identifying sponsor.
Advertising is distinguished from publicity, which is defined as non-personal stimulation of demand or Business unit by commercially significant news about it is a published medium or obtaining favorable presentation of it on radio, TV or any other stage. From the particular definition advertising is further defined as any paid form of non-personnel communication of ideas, goods or services by Business undertaking identified in the advertising message intended to lead to the sale immediately or eventually
Through advertising it helps in sales promotion. Sales promotion is defined as
specific sense to mean those marketing activities other than personal selling and advertising that stimulates consumer purchasing and dealer effectiveness such as display, shows, and exhibition demonstration and various such other efforts not in the ordinary routine.
The sale association defines selling as personnel or impersonal process of assistant and persuading prospective customers to buy a commodity or a service or to act favorable upon a idea that has commercial significance to the sale.
The American Marketing association definition of selling includes advertising other form of publicity and sales promotion along with personnel sell.
Thus selling is done in many ways. Although normally we understand it as referring to selling by salesmen. Intact at times advertising does sell certain products as toothpastes, soap etc and other times advertising merely creates the necessary awareness although it does not really complete the sell.
Problem areas in advertising.
According to Marshall and Borden there are some problem areas relating to the building of advertising product that are of significance to the management of undertaking namely -
  1. the determination of advertising objectives
  2. The choice of advertising message
  3. the selection and use of media
  4. Co-ordination of advertising with other tools of sales promotion.
  5. Evaluation of advertising.
  6. Control of ad budget.


Comments

Popular posts from this blog

EDP INTRODUCTION

                                                     MARWARI COLLEGE RANCHI                                                (UNDER RANCHI UNIVERSITY ,RANCHI) RAJU MANJHI  DEP. OF B.Sc(CA) ,MCR ________________________________________________________________________________ SEMESTER : VI BCA/IT/BCM  SUBJECT : EDP TOPIC : DEFINITION OF EDP : Entrepreneurship 1.        Concept:            Entrepreneurship is derived from French root, which means to undertake. But people today call it by various names - adventuresome (to start something different from others), risk taking, thrill seeking (much of up’s and down’s), innovating (something new). Hence the word entrepreneurship in today’s concept can be called an event of adventuresome which takes risks, seeks thrills and innovative. I.         According to Higgins: Entrepreneurship is the function of seeking investment and production opportunity, organizing an enterprise to undertake a new function process, raising ca

EDP (LECTURE 3)

MARWARI COLLEGE,RANCHI (UNDER RANCHI UNIVERSITY,RANCHI) NAME : RAJU MANJHI SUB: EDP SEM: VI(CA/IT/CM) ______________________________________________________________________________ Identification of business opportunities. An entrepreneur perceives an   opportunity for marketing a product or service, then he establishes a business unit on the basis of his or her perception, finally he manages his enterprise, expanding, growing or diversifying over a period of time. In order to establish an entrepreneurial system an entrepreneur needs to take following steps for identification of right opportunity. 1)        Search for business idea: The task of promotion begins with the search of suitable business idea and opportunity. The idea may generate from various sources and should be rated to the starting of a new business or taking over an existing business enterprise. The idea should be sound and workable, so that it may be exploited. It should yield suitable return

EDP (LECTURE 4)

MARWARI COLLEGE,RANCHI (UNDER RANCHI UNIVERSITY,RANCHI) NAME : RAJU MANJHI,PRAKASH KUMAR SUB: EDP SEM: VI(CA/IT/CM) ______________________________________________________________________________   MARKET (SURVEY) RESEARCH Marketing research is a comprehensive term covering all forms of research internal & external with collecting, tabulating & analyzing facts & data involving a study of appropriate relationship between production & consumption. The American Marketing Association defines marketing research as the systematic gathering, recording & analysis of data, about the problems relating to the marketing of goods & services. Marketing research involves research techniques & technology in order to satisfy the following requirements: 1.       It should be an orderly investigation of a defined problem. 2.       Appropriate scientific method should be used in conducting such research. 3.       Logical reasoning without