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The age we live in is the age of mass consumption and mass production, given the abundance of brands in products and services rendered it's often very hard to distinguish your product in the din of consumer market. Advertising can give us that sort of an edge to compete and get acknowledged for our uniqueness in the market place. An effective advertising campaign with the appropriate mix makes for a very potent offering in terms of ROI. Theoretically advertising is defined as the projection of the client's marketing department into the consumer market ( McGraw Hill ). It requires a feedback process as well to figure out the effectiveness of the marketing campaign and to figure out if the intended projection is close to the consumer's perception of the product. Some benefits of advertising can be enumerated as follows :-
- It helps in getting your product the intended recognition in the consumer market and distinguish it from other similar brands and offerings.
- Educating the customer.
- Ensures greater return on investments.
- Updating the consumer perception and reaching to the minds and hearts of the customers, thus tilling the grounds to build a solid foundation for customer relationship management.
- Competing with the competition and reaffirming the product's positioning.
- Highlighting the unique selling points.
- Promoting more effective sales.
- Bringing about social change and give rise to new trends.
- Creation and reinforcement of brand loyalty and building a cumulative brand equity over time.
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