It
is always a debatable question in the minds of experts
from advertising world and academia, that whether
advertising is an art or science? The answer could
be "advertising is an art and science".
The art part involves the proposition of creativity
in advertising and the science part deals with the
precision with which the necessary ingredients and
formulae of advertising can be used in order to meet
the objectives. The role of advertising has witnessed
a sea change over a period of time, from awareness
creator to decision influencer. Thus, the sponsors
and advertising agencies give keen importance in promotional
campaigns and even intend to spend millions to make
the campaign a success. Definitely, the agenda for
the campaign does not end by only creating awareness,
but, also focusing on generating more revenues. Albeit,
advertising agencies focus more on the art part of
advertising, the sponsors would be more interested
in the science as the reason is obvious. The question
here is how the art and science of advertising could
be effectively balanced by achieving the goal of reach,
recall and sales?
The
definition might be unconventional and a form of acronym,
but it focuses more on the science part of the advertising.
As the definition explains, advertising should create
an attitude towards a particular product/service and
kindle the desire and stimuli to make consumers buy.
The word "vertical" ensures a definite influence
on consumers to make buying decision. Though the sponsors
would like to see the advertising campaign provide
a greater reach, they place a greater interest in
recalling how the campaign could generate more revenues.
Eventually, that could be the parameter to see that
the money is well spent or not. How would we ensure
that the advertising achieves the promotion goal?
Are there any formulae available? How these formulae
be effectively used in advertising? The following
are the formulae of the advertising which would provide
assurance in achieving the promotional goals. |