Marketing versus Advertising


0

Marketing versus Advertising

 

Failure sometimes occurs even before the process starts because companies are confused by the apparent   similarity  between  the  purpose  of  advertising  and  marketing.  Both  are  meant  to encourage  consumers  to   purchase  products  and  services,  however,  there  is  a  fundamental difference between the two. Advertising is only one part of the marketing process, and its job is to deliver messages that have a psychological effect on the consumer. While marketing, which also includes functions such as public relations, promotion, sales, packaging, and pricing, has the more inclusive job of moving products and services from the seller to the buyer.

 

Companies  when  asked  about  advertising  objectives  almost  always  reply  with  marketing objectives. If they have a formal marketing plan, the advertising objectives are typically statements like: to increase sales, or to expand  market share. These are too broad and general, making it almost impossible to measure success. More specific objectives such as increase sales by 15%, or expand market share by 5% aren‘t much better because they are marketing goals, not advertising goals. Advertising cannot achieve marketing goals all by itself. If a company wants to measure the results  of  its  advertising,  it  has  to  be  more  specific  in  the  definition  of what  it  expects  to accomplish through the use of advertising.

 

 


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

9 Comments


Notice: Undefined index: html5 in /home/bmsnewco/public_html/wp-content/plugins/facebook-comments-plugin/class-frontend.php on line 140

Facebook comments:

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format