Advertising Trends: An Analysis of Modern and Conventional Tools
Article Details
Pub. Date
:
July, 2011
Product Name
:
ADVERTISING
EXPRESS
Product Type
:
COVER STORY
Product Code
:
AECS51107
Author Name
:
Dr. Anita Sukhwal and Jyoti Joshi
Availability
:
YES
Subject/Domain
:
Marketing
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:
PDF Format
No.
of Pages
:
8
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Abstract
The demand pattern analysis of Indian advertising highlights the changes in the
strategies and the time-honored struggle to ascertain the relationship between the
advertisers and consumers over the last few decades. Marketing through advertising
helps native business to meet the challenges and competition from global marketing
trends. The invulnerable customer is a tough customer and that makes media fragmentation
and strategies all the more challenging and baffling. Against this backdrop, this
article has a focused purpose of unveiling the latest trends and practices that
have emerged in the field of advertising. The methodology used is secondary data
collection from published sources of national and international repute. The approach
taken is to compare the conventional and modern tools used in marketing, thus holistically
analyzing the pros and cons of each tool. The implication of the article holds in
providing a framework to the marketing managers how to design a promotion mix knitting
conventional and modern advertising tools for efficient and effective communication.
Description
Advertisement is like a kaleidoscope exhibiting different perspectives. India is
an emerging market and Indian advertising has remained robust despite the signs
of sluggishness. The advertisements have been rolled out in leaps and bounds. Today,
it is much more than few printed lines or some pictures with some printed text.
WHY? Advertising provides a free rein to art of persuasion adopting itself to changes
with passing time. Advertising is the most prominent and powerful medium in the
present commercial world. It gives shape to the customers’ attitude. Advertising
pervades every aspect of our life and most of us are hardly aware of it. It largely
depends upon how the human brain works and so utmost care is taken to exploit the
emotions that play an important role in establishing a firm memory of advertising
and predisposing the consumers to buy the brand that is being advertised. Over a
period of time, advertising has been undergoing many changesslowly and achieving
stability. Indian consumers have developed a temperament for the swift transformation
of information that has taken place in the strategy and presentation of ads.
The buying public is still out there. But nowadays, advertising is not doing good
as it was, basically it is not able to draw customers attention. And might be the
reason is that either these advertisements are very low in quality or these are
too high to understand.
Williams (2010) reveals the growing share of TV ads despite 11.7% of US households
equipped with a DVR. Broadcast radio has increased its marketing share on a decreasing
rate and even the most aggressive doomsayers are predicting that radio would pick
up its market share on an increasing rate. Newspaper media which was the most banked
media, cannot be relied on.
The above review reveals that the business environment is dynamic and is prone to
continuous changes. No one tool can be blindly depended upon. As pointed out by
Williams, in 1984 newspapers were on peak and today TV is, despite entry of substitutes
in the basket of a consumer. That makes it evident that smart marketing managers
will have to scan the environment continuously to catch the media trends and then
design their promotion mix for focused reach and effectiveness.
Keywords
Advertising Express Magazine, Media
Firms, Business Organization, Advertising Messages, Commercial Zapping, Celebrity Endorsement, Media Scheduling, Distribution Processes, Brand Equity, Corporate Houses, Brand Ambassador, Brand Loyalty.