Introduction
The reason for which this dissertation is being undertaken is in order to carry out research in relation to advertising campaigns, and how they can have an effect on consumer’s purchasing habits.
I am a final (third) year student at Liverpool Hope University, studying the course of Business Management. The main reason for my enrollment in this course comes from a keen interest in the business world since my first introduction to the subject at International GCSE (IGCSE) level. This interest has then been maintained at IB (International Baccalaureate) level and has finally reached its completion at university level over the last three years.
As a result of being a keen sportsman and sports fan throughout my years of
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Through finding whether or not there are differences between the two approaches to making a purchase, this research will also aim to find out which type of advertising method is the most effective. I will be carefully looking at the factors contributing to the consumer’s buying decision process in order to aid me in understanding the perceptions of consumers in different categories. These understandings may also be useful to marketers by offering a valuable insight to the purchasing habits of the consumers.
In summary, the research put into effect in this dissertation serves in order to identify the differing approaches to purchasing a product and also to identify which advertising campaigns are the most effective marketing strategies. The data obtained throughout the process of writing this dissertation will enable brands to better market their products to their consumers.
Literature Review
Brand
Rouse and Parcanschi describe a brand as ‘a product, service, or concept that is publicly distinguished from other products, services, or concepts so that it can be easily communicated and usually marketed.’ (Rouse and Parcanschi, 2015). However, Ogilvy states that a brand is ‘the intangible sum of a product 's attributes:
Each advertisement has to reach the maximum number of prospects per advertising peso. In the procedure of media selection, the researcher defines the market to be reached by studying the results of consumer surveys and market analysis. After doing so, can the advertiser decide which medium or medias to select wherein they can exhibit their advertisement. There is an overabundance of media for advertisers (Miranda 157). For this study, I will concentrate on the television medium. Although the costs of advertising on TV are quite expensive, television can sell by appealing to two senses - sight and sound - rather that to only one as most media do. Demonstration of product performance and exhibition of styles, color, designs, and other product features can be achieved. The sponsor also enjoys great flexibility in the presentation of this commercial (Miranda 197).
A brand is a name, term, design, symbol, or any other feature that identifies one seller 's good or service
Magazines are popular in the United States; they can be found in stores, offices, and houses. They are popular for advertising. Television, news, radio, billboards and online websites are just a few forms of media that companies use to advertise their products or services. Companies use advertisements to influence the consumer to either buy or use their products and services. Advertisements are used to manipulate consumers in many ways.
Advertisements are means of marketing communication companies especially big companies use to persuade their audience to buy their product, or to promote their products, using different rhetorical appeals. In this essay I will talk about two different companies’ Vivel luxury and Fiama Di Wills that sell similar products and how each company uses different rhetorical appeals to reach its audience.
Over the last few decades, American culture has been forever changed by the huge amount of advertisement the people are subjected to. Advertising has become such an integral part of society, many people will choose whether or not they want to buy a product based only on their familiarity with it rather than the product’s price or effectiveness. Do to that fact, companies must provide the very best and most convincing advertisements as possible. Those companies have, in fact, done
According to Holt (2004), a brand can be defined as a term, name or a design that distinguishes product or service of one manufacturer from others. Brands are normally utilized in advertising, business and marketing. In accounting terms, brand is an intangible asset which is present within every organization. It is most valuable asset that is outlined in the balance sheet of a company. Brands owners need to effectively manage their brands in order to enhance shareholder value. Brand valuation is an important technique that associates money with a brand. Effective branding often results into high sales volumes of a particular product. A customer who prefers a brand is more likely to choose other products which are offered by the same brand. Brand can be stated as a personality that facilitates identification of a company, product or service. It even encompasses relation with other constituents like customers, partners, investors, staff, etc. Individuals distinguish psychological aspect of a brand from experimental
Aaker (1996) states brand is a product, an organization, and a symbol. This is where individuals differentiate themselves and stand out by having a unique value. A personal brand is the actual perception of others. When a person creates a personal brand, then they will stand out easily.
With GCSE Business, I felt I had finally found a subject I had an affinity with. It brought into perspective my natural sense of organisation from an early age and a certain business awareness managing a pocket money budget with an ever changing wish list. Studying this subject through to A Level has given me the opportunity to further develop business and management skills leaving me eager to apply them to the commercial world. As Maslow, the motivation theorist said “If you plan on being anything less than you are capable of being, you will probably be unhappy all the days of your life”. My passion for this subject is what is driving me to pursue it at University with the ultimate goal of having a successful career in this field.
To conclude, after watching ads for over two hours I have learned that advertising is an effective method of persuasion. I noticed that several ads applied multiple appeals to persuade viewers to buy their products. I also noticed that several techniques were applied to make the viewer more interested in products. Before this exercise, I did not realize that I subconsciously paid attention to advertising on television. In the future, I will try to be more conscious of my buying
We are a society not just surrounded by marketing but immersed in it. We pass billboards as we drive, endure commercials as we watch television, scroll past ads on websites, and promote particular brands in our choice of clothing, cars, and home décor. The depth of analysis and research that goes into each ads design, placement, and medium should be considered. A billboard for “The Loosest Slots” is placed near the casino’s exit along the highway to entice drivers to stop and play. Commercials for toys are aired on children’s satellite and cable television channels specifically so the child knows what to request their parent’s buy them. Ads on websites are based on our previous search histories so the items we are being shown are items we are
In the theory, it defines a brand as a name, term, sign, symbol or design, or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate the offering from those of other competitors. Simply put, branding is one of the most important aspects of any business, large or small, retail or B2B, which is the promise to customers and tells them what they can expect from the products and services. (Lake, 2015) (Williams, 2014) Consistent, strategic branding leads to a strong brand equity, which means the added value brought to your company's products or services that allows you to charge more for your brand.
According to the American Marketing Association (AMA), a brand is a “name, term, sign, symbol, or design, or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competition”. However, as Keller highlights, a brand is also “something that has actually created a certain amount of awareness, reputation, prominence, and so on in the marketplace”. Therefore, a brand is an identity created to differentiate itself from the competitors and to be remembered in consumer’s mind.
When companies needs to increase its sales, profits and want all people aware about its products or services than they should advertise company products and services. Advertisement is something like a short film or written notices that is shown or presented to people to help sell products of company and attract public to buy products that available in market.
Advertising is a persuasive communication attempt to change or reinforce one’s prior attitude that is predictable of future behavior. We are not born with the attitudes for which we hold toward various things in our environment. Instead, we learn our feelings of favorability or unfavorability through information about the object through advertising or direct experience with the object, or some combination of the two. Furthermore, the main aim of advertising is to ‘persuade’ to consumer in order to generate new markets for production.
The aim of this literary review is to look over the knowledge and ideas that have been established on the topic of what makes advertising effective, and to discuss their strengths and weaknesses, using a critical approach of it.