Master in Mass Communication

Ask for Mass Communication

Home » Advertising Code 967 » Economic Aspects of Advertising

Economic Aspects of Advertising

Posted by Fakhar Naveed Categories: Advertising Code 967

Economic Aspects of Advertising:

Following are the economic aspects of advertising:

Economic Aspects of Advertising

1. Advertising is the spokesman of a businessman: Advertising tells the thing about the product, what the manufacturer wants to tell.

2. Product information: Advertising informs the people about the product, its uses and qualities.

3. Advertising motivates the people to make a buying decision: Advertising tells all the characteristics and qualities of the product in such an appealing way that it motivates the people to make a buying decision.

4. It increases the sale of the product: When people will make a buying decision definitely this will result in increase in the sale of the product.

5. Advertising make the company known: Advertising carries the message of the product alongwith trade mark which makes the company known among the people.

6. It dispel wrong impression: In case people have wrong impression towards a product, advertising is used to dispel the wrong impression of the people towards that product.

7. Advertising produces market prestige to the product: A product can be provided respectable place in the market by the use of attractive advertising.

8. Advertising dispels monopoly: Advertisements for various products of the same nature dispel monopoly and create competitive environment of the market.

9.  Advertising fixes the price of the product: Almost all advertising tells about the price of the product.

10.  Advertising helps the people to make a quick selection: Since advertising tells various qualities of the product; so it is easy for the consumer to select the product of his/ her choice.

11. Advertising provides wide choice for the consumer: Advertisements for products of the same nature provide a wide choice for the consumer.

12. Prize competition: This is also one of the economic aspects of advertising that excellent and attractive advertisings are offered prize. So an advertising agency designs advertising so beautiful and attractive as to stand first in the prize competition.
13. Advertising changes desires of the people into needs.

14. Advertisiting informs the dealer about the new product.

i am from Gujranwala, Pakistan.
My Qualification is MSc. Mass Communication.
WhatsApp: +92 300 7462049
Wokring as Freelancer on Odesk.
I have an Urdu Blog and a Mass Commmunication Blog.
  • RSS
  • Facebook
  • Twitter
  • Youtube
  • Google Plus

11 Responses so far.

  1. Im no professional, but I imagine you just crafted a very good point point. You certainly comprehend what youre speaking about, and I can definitely get behind that. Thanks for being so upfront and so sincere.

  2. I was never intending to start an argument anyway. I am a knowledgable gamer. I make it a point to be well informed. I try to keep up, and I try to be fair with my opinions and thoughts. I do hope that is reflected in my comments (and my podcast for that matter)

  3. I really appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thx again

  4. It��s actually a winsome and cooperative piee of info. Im jubilant thay you shared this information with us. Please, keep sharing epoch like this. Approval you again.

  5. I prefer most of these! They are really for that reason style, and produce them just about everywhere. They may be and so fine. We have glowing blue dull products and maybe they are as a result lovely, everyone i actually encounter prefers individuals… I as well!!!!!!!!

  6. Hello, Neat post. There’s a problem with your web site in web explorer, may
    check this? IE still is the marketplace chief and a big component of people
    will leave out your fantastic writing because of this problem.

  7. I wish to express my passion for your kind-heartedness in support of those people that actually need help on this particular concept. Your special commitment to getting the message all around turned out to be really interesting and have regularly allowed others like me to arrive at their ambitions. This invaluable tutorial means much a person like me and substantially more to my mates. Thanks a lot; from each one of us.

  8. Two things come to mind…(1) Above, please see “SportingSights has a huge collection of geo-tagged sports stadium.” does not say stadia or stadiums. This is why I was complaining.(2) When I went to SportingSights, on their front page they also say “The World’s 10 Largest Stadia” over their list of stadia.

  9. At last! Someone with real expertise gives us the answer. Thanks!

  10. The man getting arrested…his crime was wearing jeans shorts.Looks like a great week of workouts for you! I commend your ability to find good pools where you have to travel. Enjoy your chocolate bars.