Documentos de Académico
Documentos de Profesional
Documentos de Cultura
The first real insight of an organization for management student comes only
during his preparation of project work because student first interacts with real
practical work. This is first introduction to industry and its working. This
project work synthesize the theoretical concept learn in the class room and its
practical orientation in organization.
In my project I have studied the A study on the relative importance of various
Media Vehicles in India.
In first chapter introduction of Startup India, the objectives, scopes and need of
research is also mentioned in section of project work.
The Second chapter deals with research methodology. The process of carrying
out the whole research problem is defined in it. It contains information about the
objectives of the research, methods of data collection, sampling and sample
design.
Third chapter is data analysis and interpretation. This is the most important
section of the project work. This section contains the analysis of all the data
collected so far and they are interpreted to produce the final conclusion. It
contains all the tables and charts which depicts the result.
Chapter four contains the finding and recommendation of the research. This is
based on the data analyzed and interpreted in the previous chapter. This is the
most important section of the research report for a report is evaluated on the
validity and correctness of findings.
Chapter five depicted conclusion which concludes the whole report, that is,
gives a brief description of the process employed so far. And later chapters
contain bibliography. Which describes the list of sources from where the matter
and information is collected? It contains the list of books, authors, web sites use
etc.
Acknowledgment
Many thanks to the God, who has sent me on this earth and by mercy of him, I
would be able to accomplish this research.
First of all I would like to thank Mr. Rahul Anand Singh, Associat Professor
and Head of Business Administration who allotted me the topic A study on the
relative importance of various Media Vehicles in India and showed his believe
in me. I express my deep sense of gratitude and regards to Mr. Anand Kumar
Sinha (Assistant professor, Dept. of Business Administration) under whose
guidance I completed this project.
And also I would like to thank Mr. Arif Sultan, Senior Lecturer who helped me
during my project work and .provided me the guidelines and suggestion in
during project work.
A person who has always encouraged me towards positive and used to say
Nothing can be impossible if you are working hard with heart and soul. The
Word regard is very small for him and I dont know what word will be
appropriate for him, that person is my brother Raj Pratap Singh
I would like to thank Vijay Shankar and Suraj whose suggestion for what is
Right or Wrong has shown my aim and objectives of life.
Again, I heartily express my regard to all the above person mentioned and pray
to the God May live them long.
3
Introduction
Advertising is a form of marketing communication used to promote or sell
something, usually a business's product or service. Advertising by a government
in favor of its own policies is often called propaganda.
In Latin, ad vertere means "to turn toward". The purpose of advertising may
also be to reassure employees or shareholders that a company is viable or
successful. Advertising messages are usually paid for by sponsors and viewed
via various old media;
including mass
media
such
advertising or direct
as newspapers,
mail;
or new
Modern advertising was created with the techniques introduced with tobacco
advertising in the 1920s, most significantly with the campaigns of Edward
Bernays, considered the founder of modern, "Madison Avenue" advertising.
In
2015,
the
world
spent
an
estimate
of US$592.43 billion on
fine-quality needles, to be ready for use at home in no time" written above and
below is considered the world's earliest identified printed advertising medium.
In Europe, as the towns and cities of the Middle Ages began to grow, and the
general populace was unable to read, instead of signs that read "cobbler",
"miller", "tailor", or "blacksmith", images associated with their trade would be
used such as a boot, a suit, a hat, a clock, a diamond, a horse shoe, a candle or
even a bag of flour. Fruits and vegetables were sold in the city square from the
backs of carts and wagons and their proprietors used street callers (town criers)
to announce their whereabouts for the convenience of the customers. The first
compilation of such advertisements was gathered in "Les Crieries de Paris", a
thirteenth-century poem by Guillaume de la Villeneuve.
In the 18th century advertisements started to appear in weekly newspapers in
England. These early print advertisements were used mainly to promote books
and newspapers, which became increasingly affordable with advances in
the printing press; and medicines, which were increasingly sought after as
disease ravaged Europe. However, false advertising and so-called "quack"
advertisements became a problem, which ushered in the regulation of
advertising content.
19th century
Edo period LEL flyer from 1806 for a traditional medicine called Kinseitan.
Thomas J. Barratt from London has been called "the father of modern
advertising". Working for the Pears Soap company, Barratt created an effective
advertising campaign for the company products, which involved the use of
targeted slogans, images and phrases. One of his slogans, "Good morning. Have
you used Pears' soap?" was famous in its day and into the 20th century.
Barratt introduced many of the crucial ideas that lie behind successful
advertising and these were widely circulated in his day. He constantly stressed
the importance of a strong and exclusive brand image for Pears and of
emphasizing the product's availability through saturation campaigns. He also
understood the importance of constantly reevaluating the market for changing
tastes and mores, stating in 1907 that "tastes change, fashions change, and the
advertiser has to change with them. An idea that was effective a generation ago
would fall flat, stale, and unprofitable if presented to the public today. Not that
8
the idea of today is always better than the older idea, but it is different it hits
the present taste."
As the economy expanded across the world during the 19th century, advertising
grew alongside. In the United States, the success of this advertising format
eventually led to the growth of mail-order advertising.
In June 1836, French newspaper La Presse was the first to include paid
advertising in its pages, allowing it to lower its price, extend its readership and
increase its profitability and the formula was soon copied by all titles. Around
1840, Volney B. Palmer established the roots of the modern day advertising
agency in Philadelphia. In 1842 Palmer bought large amounts of space in
various newspapers at a discounted rate then resold the space at higher rates to
advertisers. The actual ad the copy, layout, and artwork was still prepared by
the company wishing to advertise; in effect, Palmer was a space broker. The
situation changed in the late 19th century when the advertising agency of N.W.
Ayer & Son was founded. Ayer and Son offered to plan, create, and execute
complete advertising campaigns for its customers. By 1900 the advertising
agency had become the focal point of creative planning, and advertising was
firmly established as a profession.
Around the same time, in France, Charles-Louis Havas extended the services of
his news agency, Havas to include advertisement brokerage, making it the first
French group to organize. At first, agencies were brokers for advertisement
9
space in newspapers. N. W. Ayer & Son was the first full-service agency to
assume responsibility for advertising content. N.W. Ayer opened in 1869, and
was located in Philadelphia.
20th century
influence the population's economic behavior on a larger scale. In the 1910s and
1920s, advertisers in the U.S. adopted the doctrine that human instincts could be
targeted and harnessed "sublimated" into the desire to purchase
commodities. Edward Bernays, a nephew of Sigmund Freud, became associated
with the method and is sometimes called the founder of modern advertising and
public relations.
In the 1920s, under Secretary of Commerce Herbert Hoover, the American
government promoted advertising. Hoover himself delivered an address to the
Associated Advertising Clubs of the World in 1925 called 'Advertising Is a Vital
Force in Our National Life." In October 1929, the head of the U.S. Bureau of
Foreign and Domestic Commerce, Julius Klein, stated "Advertising is the key to
world prosperity."This was part of the "unparalleled" collaboration between
business and government in the 1920s, according to a 1933 European economic
journal.
The tobacco companies became major advertisers in order to sell packaged
cigarettes. The tobacco companies pioneered the new advertising techniques
when they hired Bernays to create positive associations with tobacco smoking.
Advertising was also used as a vehicle for cultural assimilation, encouraging
workers to exchange their traditional habits and community structure in favor of
a shared "modern" lifestyle.[23] An important tool for influencing immigrant
workers
was
the American
Association
11
of
Foreign
Language
13
brief mention of the business' name at the beginning and end of the sponsored
shows. However, radio station owners soon realized they could earn more
money by selling sponsorship rights in small time allocations to multiple
businesses throughout their radio station's broadcasts, rather than selling the
sponsorship rights to single businesses per show.
Commercial television in the 1950s
In the early 1950s, the DuMont Television Network began the modern practice
of selling advertisement time to multiple sponsors. Previously, DuMont had
trouble finding sponsors for many of their programs and compensated by selling
smaller blocks of advertising time to several businesses. This eventually became
the standard for the commercial television industry in the United States.
However, it was still a common practice to have single sponsor shows, such
as The United States Steel Hour. In some instances the sponsors exercised great
control over the content of the show up to and including having one's
advertising agency actually writing the show. The single sponsor model is much
less prevalent now, a notable exception being the Hallmark Hall of Fame.
Cable television from the 1980s
The late 1980s and early 1990s saw the introduction of cable television and
particularly MTV. Pioneering the concept of the music video, MTV ushered in a
new type of advertising: the consumer tunes in for the advertising message,
rather than it being a by-product or afterthought. As cable and satellite
14
name
registrants
are
generally
easy
to
16
identify
Advertising theory
Hierarchy-of-effects models
Various competing models of hierarchies of effects attempt to provide a
theoretical underpinning to advertising practice.
1.
Awareness
2.
Knowledge
3.
Liking
4.
Preference
5.
Conviction
6.
Purchase
Marketing mix
The marketing mix was proposed by professor E. Jerome McCarthy in the
1960s. It consists of four basic elements called the "four Ps". Product is the
first P representing the actual product. Price represents the process of
determining the value of a product. Place represents the variables of getting the
product to the consumer such as distribution channels, market coverage and
movement organization. The last P stands for Promotion which is the process
of reaching the target market and convincing them to buy the product.
In the 1990s, the concept of four Cs was introduced as a more customer-driven
replacement of four P's. There are two theories based on four Cs: Lauterborn's
four Cs (consumer, cost, communication, convenience) and Shimizu's four Cs
(commodity, cost, communication, channel) in the 7Cs Compass Model (Comarketing).Communications can include advertising, sales promotion, public
relations, publicity, personal
selling, corporate
communication, SNS
18
identity, internal
Types of advertising
Virtually any medium can be used for advertising. Commercial advertising
media
can
include wall
furniturecomponents,
printed flyers and rack cards, radio, cinema and television adverts, web banners,
mobile telephone screens, shopping carts, web popups, skywriting, bus stop
benches, human billboards and forehead advertising, magazines, newspapers,
town criers, sides of buses, banners attached to or sides of airplanes
("logojets"), in-flight advertisements on seatback tray tables or overhead storage
bins, taxicab doors, roof mounts and passenger screens, musical stage shows,
subway platforms and trains, elastic bands on disposable diapers, doors of
bathroom
stalls,
stickers
on
apples
in
supermarkets, shopping
cart
19
Radio advertising
Radio advertisements are broadcast as radio waves to the air from a transmitter
to an antenna and a thus to a receiving device. Airtime is purchased from a
station or network in exchange for airing the commercials. While radio has the
limitation of being restricted to sound, proponents of radio advertising often cite
this as an advantage. Radio is an expanding medium that can be found on air,
and also online. According to Arbitron, radio has approximately 241.6 million
weekly listeners, or more than 93 percent of the U.S. population.
Online advertising
Online advertising is a form of promotion that uses the Internet and World Wide
Web for the expressed purpose of delivering marketing messages to attract
customers. Online ads are delivered by an ad server. Examples of online
advertising include contextual ads that appear on search engine results
pages, banner ads, in pay per click text ads, rich media ads, Social network
advertising, online
classified
advertising, advertising
21
Domain name advertising is most commonly done through pay per click web
search engines, however, advertisers often lease space directly on domain names
that generically describe their products. When an Internet user visits a website
by typing a domain name directly into their web browser, this is known as
"direct navigation", or "type in" web traffic. Although many Internet users
search for ideas and products using search engines and mobile phones, a large
number of users around the world still use the address bar. They will type a
keyword into the address bar such as "geraniums" and add ".com" to the end of
it. Sometimes they will do the same with ".org" or a country-code Top Level
Domain (TLD such as ".co.uk" for the United Kingdom or ".ca" for Canada).
When Internet users type in a generic keyword and add .com or another toplevel domain (TLD) ending, it produces a targeted sales lead. Domain name
advertising was originally developed by Oingo (later known as Applied
Semantics), one of Google's early acquisitions.
Product placements
Covert advertising is when a product or brand is embedded in entertainment
and media. For example, in a film, the main character can use an item or other
of a definite brand, as in the movie Minority Report, where Tom Cruise's
character John Anderton owns a phone with the Nokia logo clearly written in
the top corner, or his watch engraved with the Bulgari logo. Another example of
advertising in film is in I, Robot, where main character played by Will
Smith mentions his Converse shoes several times, calling them "classics",
22
because the film is set far in the future. I, Robot and Spaceballs also showcase
futuristic cars with the Audi and Mercedes-Benz logos clearly displayed on the
front of the vehicles. Cadillac chose to advertise in the movie The Matrix
Reloaded, which as a result contained many scenes in which Cadillac cars were
used.
Similarly,
product
placement
for Omega
Watches, Ford, VAIO, BMW andAston Martin cars are featured in recent James
Bond films, most notably Casino Royale. In "Fantastic Four: Rise of the Silver
Surfer", the main transport vehicle shows a large Dodge logo on the
front. Blade Runner includes some of the most obvious product placement; the
whole film stops to show a Coca-Cola billboard.
Press advertising
Press advertising describes advertising in a printed medium such as a
newspaper, magazine, or trade journal. This encompasses everything from
media with a very broad readership base, such as a major national newspaper or
magazine, to more narrowly targeted media such as local newspapers and trade
journals on very specialized topics. A form of press advertising is classified
advertising, which allows private individuals or companies to purchase a small,
narrowly targeted ad for a low fee advertising a product or service. Another
form of press advertising is the display ad, which is a larger ad (which can
include art) that typically run in an article section of a newspaper.
Billboard advertising
23
billboard displays are static, while others change; for example, continuously or
periodically rotating among a set of advertisements. Mobile displays are used
for various situations in metropolitan areas throughout the world, including:
target advertising, one-day and long-term campaigns, conventions, sporting
events, store openings and similar promotional events, and big advertisements
from smaller companies.[citation needed]
In-store advertising
In-store advertising is any advertisement placed in a retail store. It includes
placement of a product in visible locations in a store, such as at eye level, at the
ends of aisles and near checkout counters (a.k.a. POP point of purchase
display),
eye-catching
displays
promoting
specific
product,
and
25
China,
swimmer Michael
Phelps'
contract
terminated, as Kellogg's did not want to associate with him after he was
photographed smoking marijuana.[citation
26
needed]
Spears have advertised for multiple products including Pepsi, Candies from
Kohl's, Twister, NASCAR, and Toyota.
Customer-generated advertising
This involves getting customers to generate advertising through blogs, websites,
wikis and forums, for some kind of payment. Customer-generated advertising
can also be used without payment being made. For example, a satisfied
customer of a product may boast about their experience on social media. This
message may then lead someone else to buy that product. The consumer did not
do this with the intention of getting money out of their shared message, but that
is what can happen. Especially with a channel as large and as effective as social
media, sharing ones opinion, positive or negative can be good or bad advertising
for a product.
Aerial advertising
Using
create
or
display
advertising
skills are very important. Expert media planners and buyers got the best out of
the advertising by finding the right spaces or places for an ad campaign at the
lowest cost.
There are a wide variety of media available today for the advertisers to choose
from. The decision is depended on a lot of factors at the same time it is a very
crucial decision since the success of the campaign is highly depended on the
media selection aspect.
TYPES OF MEDIA VEHICLES
BROADCAST MEDIA
Broadcast media are quite young in comparison to the printed word.
Fundamentally there are two main forms of broadcast: television and radio.
Advertisers use these classes of media in order to reach mass audiences with
their messages at a relatively low cost per target reached.
The media allows the advertisers to add audio and /or visuals to their messages.
The media gives life and energy to the advertising message which is not really
possible through other media.
However people are normally unable and unwilling to become actively involved
in the broadcast advertising message. They cant consume the pace at which the
28
message is seen and understood as the time is very short due to the cost aspect.
The advertisers are also unable to provide excessive details and information.
As a result the medium becomes more suitable for low involvement products.
Advertising messages through the broadcast media use a small time period,
normally 15 or 30 or 60 seconds depending on their budget and the availability.
NARROWCASTING
The word narrowcasting is particularly unique to the industry of media
specifically that of broadcast media. It is, according to the dictionary, the ability
to aim a radio or TV program or programming at a specific, limited audience
or consumer market.
The practice came to the forefront with the advent of cable television. As this
specialty media has matured, narrowcasting has become a fine art.
In the earlier days of Indian television, the two major networks (doordarshans)
dominated programming and sought to obtain the widest audience possible.
They avoided programming content that might appeal only to a small segment
29
of the mass population and succeeded in their goal by reaching nearly 90%
(combined) of the television viewing audience on a regular basis.
The networks maintained their stronghold until competition emerged through
the addition of many independent stations, the proliferation of cable channels
and the popularity of videocassettes. These competitors provided television
audiences with many more viewing options. Consequently, the large numbers
previously achieved through mass-oriented programming dwindled and
narrowcasting took hold.
With narrowcasting the programmer or producer assumes that only a limited
number of people or a specific demographic group will be interested in the
subject matter of a program. In many ways, this is the essence of cable
televisions programming strategy.
Following the format or characteristics of specialized magazines, a cable
television program or channel may emphasize one subject or a few closely
related subjects.
For example, music television is presented on MTV (Music Television), or
Channel V, CMM.ETC, CNN (Cable News Network) offers 24-hour news
coverage; ESPN (Entertainment Sports Network) boasts an all sports format;
and Star TV, Zee etc, covers the family entertainment segment. Other cable
channels feature programming such as shopping, comedy, science-fiction, or
30
interactive, users of the World Wide Web play a much more active role in the
communication process than users of traditional mass media.
Where traditional mass media are characterized by an information push, the
communication processes on the Web are driven by a basic information pull,
meaning that the control balance of the communication process has shifted in
favor of the user. The immense body of information available to the individual
user further pushes the control of the communication process towards the user,
and has lead to a highly fragmented content structure that allows the individual
user to pursue his specific interests.
Internet advertising has gained significant momentum across the world and has
become a part of the media mix that is being considered by advertisers
worldwide.
Indian advertising Industry
ndias advertising industry is expected to grow at a rate of 16.8 per cent! yearon-year to Rs 51,365 crore (US$ 7.54 billion) in 2016, buoyed by positive
industry sentiment and a strong GDP growth of 7 per cent and above.
Print contributes a significant portion to the total advertising revenue,
accounting for almost 41.2 per cent, whereas TV contributes 38.2 per cent, and
digital contributes 11 per cent of the total revenue. Outdoor, Radio and Cinema
make up the balance 10 per cent.
32
The online advertising market in India is expected to touch Rs 3,575 crore (US$
538.09 million) in 2015 from Rs 2,750 crore (US$ 413.92 million) in 2014. Of
the current Rs 2,750 crore (US$ 538.09 million) digital advertisement market,
search and display contribute the most - search advertisements constitute 38 per
cent of total advertisement spends followed by display advertisement at 29 per
cent, as per the study.
The Internet's share in total advertising revenue is anticipated to grow twofold
from eight per cent in 2013 to 16 per cent in 2018. Online advertising, which
was estimated at Rs 2,900 crore (US$ 436.50 million) in 2013, could jump
threefold to Rs 10,000 crore (US$ 1.51 billion) in five years, increasing at a
compound annual rate of 28 per cent.
It is interesting to note that Indians paid Rs 25,200 crore (US$ 3.79 billion) to
access the Internet in 2013, a figure greater than the Rs 22,300 crore (US$ 3.36
billion) that print medium garnered in subscription and advertising.
Recent Developments:
Indian Railways has appointed Ernst & Young (EY) as a consultant to
discover its advertising potential, which is in line with the Railway
Budget proposal of increasing non-fare earnings to over Rs 5,000 crore
(US$ 733.6 million) in five years.
MoMark Services, a mobile based customer engagement platform for
small and medium businesses, has raised US$ 600,000 from YourNest
33
Angel Fund and LNB Group, to scale up its product offerings and talent
acquisition.
Tata Motors has appointed renowned football player Lionel Messi as the
global brand ambassador for Tata cars and utility vehicles globally, with
an aim to tap the youth market and expand visibility and presence of Tata
Motors in newer markets.
Advertising agency J Walter Thompson has launched its global digital
agency network 'Mirum' in India which will provide services such as
strategy and consulting services, campaigns and content, experience and
platforms, analytics and innovation and product development, with the
target to increase non-traditional media revenues to 40-45 per cent from
35 per cent currently.
DDB Mudra Group has planned to launch Track DDB, a brand that
addresses the data-led world of marketing communications, which will
provide services like creative, data and digital analytics, database
marketing, CRM, digital and mobile marketing in India.
All India Radio (AIR) has appointed releaseMyAd as a virtual agency to
let advertisers book ads for all of AIRs station online.
Google
is
all
set
to
help
India
implement
Prime
Minister
34
35
ZipDial deal is expected to cost Twitter US$ 34-35 million. This feature
is expected to help Twitter reach people who will come online for the first
time in countries such as Brazil, India and Indonesia, mostly using a
mobile device.
Telecom major Axiata's subsidiary, Axiata Digital Advertising (ADA) has
formed a joint venture with US-based advertising tech firm Adknowledge
to get into the US$ 47 billion digital ad market in the Asia Pacific region
and has identified India as a 'key' market.
Government Initiatives
The Governments of India and Canada have signed an audio-visual coproduction deal which facilitates producers from both countries to harness their
collective artistic, technical, financial and marketing resources, and encourage
exchange of culture and art between the two countries. The agreement is also
likely to lead to better promotion of Indian locales for shooting films. "The
agreement will also lead to the transparent funding of film production and boost
export of Indian films into the Canadian market," as per the agreement.
India and Poland are seeking to enhance cooperation in the digitisation and
restoration of film archives. This was decided in a meeting between
36
Road Ahead
The advertising and marketing sector in India is expected to enjoy a good run.
E-commerce companies are expected to dominate marketing trends in 2015.
Growth is expected in retail advertisement, on the back of factors such as
several players entering the food and beverages segment, e-commerce gaining
more popularity in the country, and domestic companies testing out the waters.
The rural region is a potentially profitable target. For instance, in the
automobiles sector, the focus of two-wheelers on rural areas could mean more
launches and more advertising spends. The telecom sector could see growth as
37
Objective
i.
ii.
iii.
iv.
v.
38
Scopes
i.
ii.
iii.
iv.
advertising.
It will deal with challenges regarding Media vehicle in advertising.
It will provide better facility to Media vehicle in advertising.
It will help in increasing quality in Media vehicle in advertising.
39
Importance
i.
ii.
iii.
advertising
Information of Media vehicle in advertising is dveloped by the help of
iv.
this study.
It provides the information / knowledge about the schemes and
policies carried out by the central government.
40
Research Methodology
Research is a common language refers to a search of knowledge. Research is
scientific & systematic search for pertinent information on a specific topic,
infect research is an art of scientific investigation. Research Methodology is a
scientific way to solve research problem. It may be understood as a science of
studying how research is dont scientifically. In it we study various steps that
are generally adopted by researchers in studying their research problem. It is
necessary for researchers to know not only know research method techniques
but also technology.
The scope of Research Methodology is wider than that of research methods.
The research problem consists of series of closely related activities. At times,
the first step determines the native of the last step to be undertaken. Why a
research has been defined, what data has been collected and what a particular
41
methods have been adopted and a host of similar other questions are usually
answered when we talk of research methodology concerning a research problem
or study. The project is a study where focus is on the following points:
Problem definition:
Research problem, in general, refers to some difficulty which a researcher
experiences in the context of either a theoretical or practical situation and wants
to obtain a solution for the same.
A. RESEARCH DESIGN:
A research design is defined, as the specification of methods and procedures for
acquiring the Information needed. It is a plant or organizing framework for
doing the study and collecting the data. Designing a research plan requires
decisions all the data sources, research approaches, Research instruments,
sampling plan and contact methods.
Research design is mainly of following types:
1 Exploratory research.
2 Descriptive studies
42
2. DESCRIPTIVE STUDY:
Descriptive research in contrast to exploratory research is marked by the prior
formulation of specific research Questions. The investigator already knows a
substantial amount about the research problem. Perhaps as a Result of an
exploratory study, before the project is initiated. Descriptive research is also
characterized by a Preplanned and structured design.
3. CAUSAL OR EXPERIMENTAL DESIGN:
A casual design investigates the cause and effect relationships between two or
more variables. The hypothesis is tested and the experiment is done. There are
following types of casual designs:
I
II
III
IV
44
The study is exclusively done in the area of Trade and Commerce by Make in
India scheme. It is a process requiring care, sophistication, experience, business
judgment, and imagination for which there can be no mechanical substitutes.
45
Broadcast Vehicles
Television vehicles include networks such as ABC, NBC, CBS and FOX.
Typically, small businesses can't advertise on the national network, but they
often advertise on local network affiliate stations. You can also choose from
hundreds of more niche cable networks, such as Lifetime, E! or CNN. Radio is
often more practical for small businesses. You normally have an array of
vehicles in a local market that have various formats, such as pop music, country
music and talk shows.
Print Vehicles
Newspapers are another prominent small-business class because of relatively
low ad costs. Community newspapers can reach a local audience. Many small
businesses also have access to state or regional publications. Magazines aren't
quite as accessible for local companies. However, some regions have local
magazines that offer entertainment, community events and themed topics. Even
a local magazine ad can cost a few thousand dollars, but magazine vehicles
normally reach a very niche audience.
Digital Vehicles and Others
The other major traditional media class is online, or digital/interactive. This
class includes thousands of online vehicles, along with mobile communication
opportunities. Other supportive media options include billboards, directories,
46
buses and benches. Many metro communities offer vehicle options within each
of these categories. These supportive media are usually used to reinforce
messages that are delivered through broader mass media. Billboards are
relatively expensive, but they allow small companies to reach wide local
marketplaces.
Interpretation: The researcher has found that media vehicle advertising is a
process by the help of which information and awareness regarding any product
is developed and market share is developed.
2. Impact of Media vehicle advertising on consumer.
Your small business needs to advertise and promote to attract customers.
However, that doesn't mean you can just put out your message and start
counting the new customers. Advertising and promotion affect consumers in
ways you might find surprising. You need to know these effects before you
launch your campaign.
Increased Awareness
Advertising and promotion offer a news function to consumers. Viewers of ads
learn about new products and services available to them, much like they learn
about events in the news. This information function has a neutral role. It
provides facts without approval or disapproval from consumers. Customer
behavior at this stage encompasses expressions of curiosity.
47
Analysis of Features
Consumers have a rational response to advertising when they look at the
features of a product or service. This response focuses on a logical listing of all
the functional aspects of the offering. This is an intellectual response, rather
than an emotional one.
Evaluation of Benefits
When customers weigh benefits, they become emotionally involved with
advertising and promotion. Consumers identify ways the product or service can
make them happier, improve their lives or give them pleasure. This part of the
consumer response is irrational and can lead to impulse buying and competition
to obtain the product.
Reminders
Repeated advertising messages affect consumer behavior. This repetition serves
as a reminder to the consumer. Behavior that stems from reminders includes
suddenly thinking of a product while shopping and making a decision to buy it,
as if it had been on the consumers "to-do" list.
Promotion of Loyalty or Alienation
Consumer behavior splits between loyalty and alienation depending on how
well the product lives up to its advertised benefits. Corporate behavior such as
scandals or charity work can also affect alienation and loyalty responses. Once
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the consumer makes this choice, advertising and promotion are not likely to
undo that decision.
Interpretation: The researcher has found that media vehicle advertising helps
in various ways to consumer, the impacts are as follows:
Increased Awareness
3.
Analysis of Features
Evaluation of Benefits
Reminders
Promotion of Loyalty or Alienation
Problem prohibiting media vehicle in advertising.
Truth in Advertising
The Federal Trade Commission Act set forth requirements for truth in
advertising and created the FTC to enforce the provisions of the act. The Bureau
of Consumer Protection's Business Bureau notes that advertisements in the U.S.
must by truthful, not deceptive and not unfair. Advertisers must also have
evidence available to back up claims they make. The FTC defines deceitful
statements as those that are likely to mislead consumers who act reasonably
under normal circumstances and that are likely to affect consumers' purchase
decisions. The FTC defines unfair advertisements as those that are likely to
cause substantial, unavoidable injury when using a product, unless the injury is
outweighed by the provable benefits.
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Advertising to Children
Although the FTC places special emphasis on truth-in-advertising laws when
applied to children, the law allows for a great deal of unethical behavior here.
Former FTC commissioner Roscoe B. Starek states that children are not likely
to understand exaggerated statements or images, citing the example that
children may believe a toy helicopter to come fully assembled when in fact
assembly is required. This interpretation of the law completely ignores the
unethical ramifications of purely legal advertising, such as building brand
loyalty in children before they even understand what a brand is, encouraging
children to develop negative self images or getting children hooked on products
that can impede social development. The best way to act ethically in this area is
to advertise to parents, not children.
Advertising Harmful Products
Different countries look differently on the advertising of vice products and
services, striking a balance between placing personal responsibility on citizens
and regulating what citizens are allowed to indulge in. The United States highly
regulates some forms of vice, prohibits others and gives still others a free hand.
For example, cigarette advertising is only permitted on specific media,
excluding television and radio, while alcohol advertising is allowed on all
media. Companies have to take a good look at the true nature of their product
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lines when deciding whether they are acting ethically as advertisers. Television
ads for fast food hamburgers are completely legal and effective at building
demand, for example, but doctors in the 21st century are beginning to find links
between fast food and a national obesity epidemic. Pharmaceutical ads with lists
of side effects, as another example, are often followed 10 years later by
attorneys' ads for class-action lawsuits against the companies for wrongful
injury.
Advertising Tactics
Advertising tactics present additional ethical challenges. Advertisers have a
range of less-than-ethical yet legal tools at their disposal, including subliminal
advertising, emotional appeals, taking advantage of less educated individuals,
spreading propaganda for political campaigns, and other tactics ethical
advertisers consistently refrain from using. At the end of the day, consumers
will be more attracted to companies that do not use underhanded,
psychologically manipulative tactics to gain their business.
Interpretation: The researcher has found that there are various ways by the
help of which media vehicle advertising is prohibited to work appropriately, the
problems are as follows:
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Truth in Advertising
Advertising to Children
Advertising Harmful Products
Advertising Tactics
4.
The main communication media are Newspapers, Magazines, T.V., Radio, etc.
Major source of their income is advertising. If these media of communication
do not get support of revenue from advertising, they cannot survive for long.
These media of communication keep the society well informed. Their existence
is of utmost important and they can survive only by advertising.
Helpful in Creating Healthy Competition:
When a company gets its product advertised, it seeks to improve its quality and
lower its price. It is their endeavour to improve their own product rather than
finding fault with the product of their rivals. In this way a healthy competition
prevails in the market and the entire society stands to gain from it.
Helpful in the Economic Development of the Country:
Today, the effect of advertising is no longer confined to the four walls of the
country, rather it has crossed the national boundaries. Through the medium of
satellite, domestic advertising messages can be transmitted to the rest of the
world. As a result, export-potentials of the country get a big boost. Foreign
exchange capacity of the country increases and new industries develop. Thus,
advertising proves helpful in the economic development of the country.
Interpretation: The researcher has found that there are various benefits of
media vehicle advertising which are as follows:
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Findings
The researcher has found that media vehicle advertising is a process by the help
of which information and awareness regarding any product is developed and
market share is developed.
The researcher has found that media vehicle advertising helps in various ways
to consumer, the impacts are as follows:
Increased Awareness
Analysis of Features
Evaluation of Benefits
Reminders
Promotion of Loyalty or Alienation
The researcher has found that there are various ways by the help of which media
vehicle advertising is prohibited to work appropriately, the problems are as
follows:
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Truth in Advertising
Advertising to Children
Advertising Harmful Products
Advertising Tactics
The researcher has found that there are various benefits of media vehicle
advertising which are as follows:
Helpful in Generating More Employment:
Helpful in Improving the Standard of Living:
Helpful in Survival of Communication Media:
Helpful in Creating Healthy Competition:
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Recommendation
a. It would be wise not to underestimate the costs associated with marketing on
media vehicle advertising. Though the potential to reach a wide audience is both
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Conclusion
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India, like the cricket world cup. Only very economically powerful companies
can afford this.
The combination of sight, sound and motion creates a more dramatic form of
advertising which is considered to build a products brand image or to create an
excitement around a special event such as a one-time sale. These ads are not
intense enough to provide the viewer with a lot of information and are therefore
only useful for products which are already familiar to the costumers.
Newspapers are an important media as well. Their advantage is to reach readers
of different age groups, ethnic backgrounds and income levels. They display
photographs and illustrations, giving explicit and detailed information about a
product, new inventions and product improvements. Their disadvantage is that
they cant create such an emotionally strong image as the TV ads, but the
opportunity to present coupons for special products shows a great popularity
amongst customers, and is often used.
Direct mail is another kind of advertising, sending the ads via mail system to the
future customers. This system is also used through e-mails and offers graphics
and links to more information. In order to do this kind of advertising, the
advertisers have to buy so-called mailing lists, which contain the addresses of
people with certain wanted characteristics. Many advertisers consider this
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system the most effective, because it is much cheaper than mailing the
advertisements and it is launched right at the target group.
Radio usually reaches a smaller group of people, mostly from one specific area.
This gives local businesses the chance to broadcast their very specialized ads.
Most people listen to these ads when they are driving in their car, so they will be
informed of any kind of sales in stores in their region. They will hear them
before they go shopping and might be tempted to buy these products. These ads
have to be very simple and easy to be understood, since people are usually
doing something, like driving, when listening to them.
New Technology-Digital delivery
The mediums impressive growth can be attributed in part to the advancement
of the digital platform. Within the last two years, a primary contributor to the
rapidly increasing use of the medium by national advertisers has been the shift
from analog to Digital projection systems, easing barriers to entry driven by
production and flighting practices.
This shift to digital production systems has also led to the development of
digital pre-shows which enable cinema advertising vendors to project
advertisements in a seamless presentation of motion advertising and long-form,
entertainment-based content.
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Magazines only ranked sixth in the total spending on advertising in the U.S.A.
in India. They are very specialized and target the reader of such magazines who
usually have very similar interests. If you think about the highly specialized
women magazines, displaying make up and other cosmetic products reaching
for teenage girls to older women. This magazines are very prestigious because
they show beautiful colour photographs of the celebrities of todays pop-culture.
Advertising on the Internet is becoming more and more popular among
companies, since the majority of young consumers have online access at home.
They range from banners, buttons, pop-ups to sponsorships of homepages,
which we have been discussed in our course. This form of advertising gives the
opportunity to check out the given information right away and most of the time
allows the customer to order the product online without even leaving his or her
home.
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Limitations
problem with the limited time and knowledge which was at my disposal.
Complex statistical tools for data analysis have not been employed.
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BIBLIOGRAPHY
BOOKS:
Ramaswamy
Kothari C.R.
Mithani D. M.
Financial Management
Research Methodology
Money Banking & International Trade
INTERNET:
www.allprojects.com
www.scribd.com
www.google.com
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