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Page 1: Sample on advertising and promotion

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Sample on

Advertising and Promotion

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TABLE OF CONTENTSIntroduction................................................................................................................................ 3

Task 1 ........................................................................................................................................ 3

1.1 Explanation of the communication process applied in advertising and promotion..........3

1.2 Explanation of the organization working in the advertising and promotion industry...... 4

1.3 How promotion is regulated in UK.................................................................................. 4

1.4 Recent trends in advertising and promotional including the impact of information andcommunication technology ....................................................................................................5

2.1 Role of advertising in an integrated promotional strategy of business.............................6

2.2 Significance of branding for strengthening the business..................................................6

2.3 Identifying the creative aspects of advertising ................................................................ 6

2.4 Explanation of various ways of working with advertisement agncies............................. 7

Conclusion .................................................................................................................................8

References.................................................................................................................................. 9

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INTRODUCTIONIn order to fulfilling its goals and objectives in an effectual manner, it is required for

business entity to adopt the methods of advertising and promotion. By using these methods,

organization can gain the attention of customers towards their product and service and

inflecting them to buy that product (Hackley, 2005). For getting the proper advantage of

advertisement, commercial entity needs to maintain the effective communication with service

users by rendering accurate data and information to them. Present report is focused on

describing the role of advertising and promotion in the business world. For better

understanding of this report, the case study of Westfield Stratford City has been selected.

Explanation of the communication process applied in advertising and promotionCommunication includes various types of information and messages that must be

communicated properly to target audience. Availability of effective communication is very

beneficial for management of complex to aware consumers about the available products and

services (Hackley, 2010). In order to develop effective communication process, Packard’s

theory of eight hidden needs can be used by the management of Westfield Complex.

According to this theory, it is required for business entity to consider the following needs at

the time of preparing the information for the advertisement and promotion (Packard’s theory

of eight hidden needs, 2015). These needs are as follows:

Emotional security.

Creative outlet.

Ego gratification.

Reassurance of worth.

Sense of roots (Steenkamp and et. al., 2005).

Sense of power.

Immorality.

Selling love objects.

Along with this, there is also an effective model such as Shannon-Weaver model of

communication that can be used by the management of organizations that are working in

advertising and promotion industry. With the help of this communication, sender and receiver

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can develop an effective communication in between them. In accordance to this model, there

are following concepts including sender, receiver, channel, encoder, decoder, noise and

feedback included in the communication process. Definition of all these concepts are as

follows:

Sender: It is the person who wants to communicate any message to any other person

(Communication theory, 2013).

Encoder: It works as a transmitter that is used to convert a message into signals.

Decoder: It is used by receiver for converting signals into a message.

Receiver: It is the person to whom message is being sent by the sender.

Channel: In the process of encoding and decoding, channel is used that is a form of system

for converting message into signals as well as signals into message.

Noise: It can also be termed as the barriers that lead to decrease the quality of message that

has been delivered from sender to receiver.

Feedback: With the help of feedback, sender and receiver can clarify with each other about

the availability of content written in the message.

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Figure 1: Shannon-Weaver model of communication

(Source: Communication theory, 2013)

Explanation of the organization working in the advertising and promotion industry

Now days, advertisement and promotion industry has been emerged to a higher extent

as every company want to promote its products and services to a higher level in order to get

competitive advantage and attract more number of customers. For fulfilling these purposes of

commercial entities, several agencies are working in this industry that are focused on

providing advertisement services to all types of businesses (Hackley, 2010). Agencies

included in advertisement and promotion industry are the creative agencies, marketing

agencies, advertisement agencies as well as media planning and buying agencies. Main aim

of these all agencies to provide advertisement and promotion services to its business clients in

order to enhance the level of their marketing practices.

Along with this, these agencies are worked as the external suppliers which are focused

on developing effective communication in between its business clients and their targeted

customers. Furthermore, this industry includes the organizations such as generalized

advertising organizations, In-House advertising organization, Interactive advertising

organizations and specialized advertising organization. Generalized advertising organizations

provide services in terms of developing brand as well as logo design while, In-House

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advertising organization provide advertisement services in order to enhance competition level

between individual to individual business (Butterfield, 2009). On the other hand, Interactive

advertising organizations are focused on adopting television advertisement, internet and

social networking sites in order to promote products and services while specialized

advertising organizations are focused on making various kinds of advertisement in terms of

entertainment, recruitment, industrial, phone book and financial.

Advertising and promotional industry can be defined as the business which provides

services to other business regarding advertisement and marketing. Main aim of this industry

is to provide better solutions to its clients in terms of business growth and development

(Fortin and Dholakia, 2005). In case of Westfield, it is required for management to consider

the following factors for selecting the right company for the advertisement. These are as

follows:

Organization must have good reputation in market as well as positive brand image.

In order to attract more customers, there must have the availability of creative

advertisement (Aaker and Biel, 2013).

Ad agency must be capable of using the new and innovative technology for making

better advertisement.

Advertising company should have adequate experience and knowledge of working in

order to resolve the problems of clients in an effectual manner (Hyun, Kim and Lee,

2011).

How promotion is regulated in UKIn United Kingdom, advertisement and promotion has been regulated and controlled

by the several legislation and codes of practice. Therefore, it is necessary for Westfield to

develop its advertisement campaign in a legal and ethical manner (Butterfield, 2009). In order

to prevent the cases of fake advertisement, there are various regulatory bodies in UK.

Advertising standards Authority (ASA) works to check the effectiveness of advertisement in

order to reduce the chances of misleading and harmful activities conducted by business

(Tucker, 2012). Further, to ensure the effectiveness of information in advertisement which

must be same as the quality and features of products Bar standards board is responsible.

Committee of advertising practice administer and control advertising standards authority

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(Jalleh and et. al., 2005). Along with this, it revises the all codes of practice and helps

authority to enforce them.

Furthermore, self–regulatory organization is working in the UK that is focused on

maintaining an agreement in between advertisement agencies, advertisers and media owners.

According to that agreement, each professional needs to perform its business practices

effectively with maintaining the level of standards to a higher extent. Further, data protection

act is also developed by UK government for ensuring the level of data security and hacking

of information in the advertisement and promotion industry (Fortin and Dholakia, 2005). As

per this act, it is necessary for the advertisement agencies to maintain the security of data

provided by its business clients as well as to ensure the uniqueness of content used in the

advertisement as getting success in this industry mostly depends upon the quality of

advertisement content. However, companies act and consumer protection act are also needed

to be considered by the advertisement agencies.

Recent trends in advertising and promotionsIn accordance to changing technology and trends, management of Westfield needs to

change their styles and views of advertisement (Gamliel and Herstein, 2011). Due to this

aspect, advertisement must be effective, more speedy, less time consuming, creative and most

popular. Availability of modern technology is the best solution for business entity to survive

in this competitive world and enhancing its level of profitability by ensuring the effectiveness

of advertisement and promotion (Agarwal, 2008). Information and communication

technology (ICT) is one of the modern applications of communication which depends mostly

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upon the new and innovative technology. ICT includes the modern methods such as e-

commerce, e-mail, internet and other websites. Along with this, there are also some methods

including smartphones, SMS service, interactive TV, digital TV and Broadband. Introduction

of this modes has been emerged the level of information and technology sector as well as

advertisement and promotion sector to the highest extent. Through using these methods,

advertisement and promotion practices can be conducted by the advertising agencies in an

effectual manner (Hackley, 2005).

Role of advertising in an integrated promotional strategy of businessIn case of Westfield, advertising plays a crucial role in enhancing the sales of business

by conducting its marketing campaign in an effective manner. Main aim of advertising is to

make the product and service more popular within the customers and population. By using

the method of advertisement, management of complex can turn the intention of general public

towards the business (Role of advertising in the promotional strategy of business, 2015).

Advertising includes the methods of TV advertisement, celebrity endorsement,

billboards and posters that can be used by the organization (Steenkamp and et. al., 2005).

Availability of suitable techniques of advertisement is beneficial for commercial entity to

gain competitive advantage by providing proper information to service users about the

availability of new changes in business.

Advancement of television, radio, internet and social networking sites influences

people to gain information about the products and services through using these methods.

Along with this, it aware customers to select better products and services from the available

alternatives in the market. Better enhancement in customer’s awareness leads company to

make its advertisement campaign more effective in order to gain competitive advantage. For

instance, in 2010 General Motors had spent $4.2 billion on marketing and advertisement after

following ford that had spent $3.9 billion (Aaker and Biel, 2013). Furthermore, roles of

advertising in the promotional strategy of business are as follows:

Awareness: Advertisement is focused on alerting people about the availability of products or

services that are introduced newly in the market. Along with this, it leads to gain the attention

of customers towards products or services.

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Profit: Advertisement leads to attract more number of customers that put its positive impact

on the sales revenue and profitability of organization.

Brand:With the help of advertisement, organization will be able to make popular its brand in

the market as well as in the mind of customers.

Demand: Advertisement is focused on attracting to targeted audience towards the products

and services. Once, the customers is attracted towards the product then it is focused on

taking phrasing decision in the respect to that product which leads to enhance the demand of

customers.

Significance of branding for strengthening the businessAs per the recent scenario, competition in the market has been increasing very rapidly.

Therefore, it is required mostly for business entity to gain the confidence of its customers

which can be encouraged by enhancing the effectiveness of branding. Along with enhancing

the trust of customers, it is focused on developing better relationship with employees,

shareholders and other parties (Aaker and Biel, 2013). Availability of strong branding leads

to enhance the demand of products and services in an appropriate manner as well as

company's sales and profitability. In order to resolve the issues faced by the management of

Westfield, Branding is the best option which is focused on influencing the purchasing

decisions of

clients.

Brand can be defined as a name, logo, term, symbol, design and feature of product or

service that is used to distinguish one company’s products from another. Brand is necessary

to be selected by the organization that is used for conducting business practices in the respect

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of marketing, advertisement and promotion (Agarwal, 2008). On other hand, branding is the

process of setting the positive image of products or services in the mind of customers. With

the help of branding, company can attract more number of customers towards the products

and services. Along with this, branding make it easy for customers to recognize and select

product. In the modern era, Branding plays a crucial role in increasing the demand of

customers as well as the level of company’s sales revenue. In case of Westfield, branding can

be created by using sustainable and environment friendly practices at the time of conducting

business activities. Along with this, shopping center needs to provide high quality of services

in order to set its brand image. At last, level of customer service needs to be improved in

order to create its positive brand image.

Identifying the creative aspects of advertisingCreativity plays a major role in the success of advertisement and attracting more

number of customers. Due to this, management of Westfield complex needs to make a

creative advertisement for fulfilling their goals and objectives in an effectuate manner along

with overcoming their issues related to decrease of business sales. Availability of creative

message in advertisement get more attention and create positive attitude of people towards

product (Hyun, Kim and Lee, 2011). Therefore, to become competitive in this race, it is

essential for the management of Westfield to make effective advertisement which should be

more amazed and emotional. In modern era, it is not an easy process to influence service

users for purchasing product and services with simple advertisement (Butterfield, 2009).

In case of creative aspects, there are various elements including layout, ad-copy and

brand strategy that need to be considered. Description of these elements are as follows:

Layout

Advert layout can be defined as an appropriate style of graphics, size, objects, color

plan and script that is used to make an effective message in order to communicate with

targeted customers (Agarwal, 2008).

Ad-copy

It is termed as the text which is a form of message used for publishing on television,

radio and theater in order to influence customers to make purchase. This type of text is also

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published on websites, internet and social networking sites for the aware of customers about

the products and services.

Brand strategy

Brand strategy includes the answers of following questions such as what is going to

be communicated in front of target customers, why advertisement is going to be made, when

it will be published and what are the sources of publishing this advertisement.

Explanation of various ways of working with advertisement agnciesIn order to attract customers and inform them about products and services, it is

necessary to make advertisement. For crating a better advertisement, consulting with ad

agency is the best option for the management of Westfield (Jalleh and et. al., 2005). Due to

this aspect, there are various ways that can be considered while working with advertisement

agencies. These ways are mentioned below as:

1. By being flexible to make change in operational activities in accordance with the aims

and objectives.

2. By being practical at the time of selecting the advertisement agency which must be

capable for working with new technology.

3. By providing proper information to ad agency regarding its target customers is very

necessary for commercial entity for getting better advantage of advertisement

(Agarwal, 2008).

There are several agencies working in advertising and promotion industry that are focused

on rendering advertisement services to its business clients in order to attract customers

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towards its products and services. Among the all agencies, la carte and boutiques are the

well-known companies that are operated in this industry. In order to deal with their business

clients, both agencies perform their business practices in the following steps. These are as

follows:

Setting goals: In this step, management of both agencies are focused on understanding the

objectives and goals of their business clients that are existed behind its marketing practices.

Discussion on budget bases: It is the important step in which communication takes place in

between the advertising agency and business organization in order to set budget for the

preparation of advertisement and promotion (Hyun, Kim and Lee, 2011).

Staying in contact: Both agency and organization must be stay connected with each other at

the time of making advertisement for the product or service. Availability of proper

communication and connection in all the levels of making advertisement lead advertising

agency to fulfill the objectives and goals of its business client.

Establishing of timeline: Advertising agency needs to be completed its promise on time in

the respect of delivering advertisement services.

CONCLUSIONIn accordance to above description, it can be concluded that adverting and promotion

are the most important tools of marketing which helps organization to become successful and

to survive in this competitive world. In order to make better advertisement, creative and

innovative ideas are necessary to be selected by the management of company.

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REFERENCES

● Aaker, D. A. and Biel, A., 2013. Brand equity & advertising: advertising's role inbuilding strong brands. Psychology Press.

● Agarwal, A. K., 2008. Social classification: The need to update in the present scenario.Indian J Community Med.

● Butterfield, L., 2009. Excellence in advertising. Routledge.

● Hackley, C., 2005. Advertising and promotion: communicating brands. Sage.

● Jalleh, G. and et. al., 2005. Selling or promotion?. Tobacco control.

This is a report sample on Advertising & Promotions,

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