What are the four basic functions of advertising?
Functions of Advertising:(i) Promotion of Sales:(ii) Introduction of New Products:(iii) Support to Production System:(iv) Increasing Standard of Living:(v) Public Image:(vi) Support to Media:Benefits to Manufacturers and Traders:Benefits to Customers:Sep 27, 2019
What are the seven function of advertising?
The seven functions of marketing are distribution, market research, setting prices, finance, product management, promotional channels and matching products to consumers.
What are the two main objectives of advertising?
The Purpose of Advertising Advertising has three primary objectives: to inform, to persuade, and to remind. Informative Advertising creates awareness of brands, products, services, and ideas. It announces new products and programs and can educate people about the attributes and benefits of new or established products.
What is the benefit of advertising?
The major advantages of advertising are: (1) introduces a new product in the market, (2) expansion of the market, (3) increased sales, (4) fights competition, (5) enhances good-will, (6) educates the consumers, (7) elimination of middlemen, (8) better quality products, (9) supports the salesmanship, (10) more ...