Introduction
Advertising is often referred to as above the line expenditure, a term which is derived from the historical way where advertising expenditure was treated in marketing budgets. Main media expenditure was shown above the line because it represented actual expenditure, as opposed to sales promotion which was shown below the line because much of the cost of such items came from a reduction in revenue, e.g price cuts. Most advertisements run on behalf of a commercial organization will be placed by the agency, who buys the space and pay the media owners. The agency then receives a commission from the media owners, but charges the full cost to the advertiser (Robbin, 2003).
Advertisement as a promotion mix tool covers more than
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Faulu envisions to be a market leader through diversified products, wider distribution networks, strategic partnerships and affordable pricing due to reduced costs and cheap deposits from its banking business (Faulu Kenya web link).
Much of the achievements of Faulu Kenya can be attributed to the intensive advertising campaigns undertaken by the company through different advertising media which will be dealt with in details.e.g television, National newspapers, consumer magazines, social media and other media outlets.
Advertising has been important to the organization as it has created awareness of the existence of Faulu’s product and also a sense of urgency to consumers by informing them on sales and offers available. Advertising also helps businesses in keeping up with the competition in the market and acts as a form of sales promotion method (Faulu Kenya web link).
Literature Review:
Identification of the key aspects of the business literature (e.g. service quality) to be underpins the study. This review should briefly cover the main ideas and business practice that will be considered. It should locate a sample of the some of the main sources and identify key critical issues that might arise. – Word Guide 750 – 1000.
Introduction
The background given provides us with an idea of the definition of advertising, its purpose and goals, its different cycles
Lovelock and Wirtz mentioned that “As a tool for growth of the company comes with strong In order to make good promotion, thinking into the customers shoes is very important especially in promoting and advertising the products. According to Tianwah (1989) also highlighted that “To make a good promotion materials, marketer should take a Promotion decisions should be made with an appreciation for how it affects other areas of the company. According to Scalera, C (2008) also stated that Base on the research, advertising also one of the marketing tools that are effective for the company. Advertising is one of a communication way that company conducted to tell or make announcement to the people about the product or service in order to persuade the customer to buy or use it. According to Kotler and Armstrong highlighted that “With advertising can riveted customers’ attentions with new product As shown by Lovelock and Wirtz noted that It is important for the company to step up by explored their product in the market by capturing customers’ attention coming with several strategies for the growth of the company and to get more profits. Beside that promotions and advertising plays a big role in the business nature and it’s had tied up together with the well-planned of marketing strategies. Sometimes it may cause a fall down due to over budget through advertising and promotion
From the case, Kingsford’s absences of media advertising further soften the category. Thus, increase the media budget is the necessary action. The budget should primarily focus on TV advertising, but also can choose radio, events, social media (blog, twitter, Facebook) and billboards. They need to pay attention on its customer oriented promotion, to create a happy, joy, with closest friends and family, make the brand associated with warm, fun, and happiness.
Source : Adapted from A. Parasuraman, Valerie Zeithaml, and Leonard Berry, “A Conceptual Model of Service Quality and Its Implications for Future Research,” Journal of Marketing, 49 (Fall 1985)
Customer satisfaction and service quality are the two important components that direct anyone’s attention in every concept related to marketing, services, etc. (Spreng and Mackoy, 2006). In today’s competitive era, the success lies in
Consumers have wants and needs, and the most popular way to get those products known to consumers is advertising. Advertising provides the consumers with important information about the products and or services. Plus, how would the consumers know about things if they were not advertised in a particular way. Advertisements educate the consumers about the positive and negative effect of a product. For example, a medical, commercial may across your television or you may even see an ad about it in a magazine, throughout that ad the marketer will explain to you the good that
The firm should consider advertising its products and services so as to raise awareness to the public. Advertising occurs through several channels such as through media, use of billboards, setting up a good marketing and sales department and also through sponsorship of community based activities. The improvement of the quality and services of the products attracts more
Traditionally, Service quality can be portrayed as the result from client comparison between their assumptions about the service they will use and their insight about the service company. That implies that if the insight recognitions would be higher than the desired the service will be considered as fabulous, if the desires rise to the insight observations the service is viewed as great and if the desires are not met the service will be viewed as awful. For a service to be considered as good the organisation is required for making customers satisfied and service quality should be associated with customer perceptions and expectations. (Carlsson, 2010)
Since, the technological advancement of media into efficient digital media, the advertising campaigns are now being done in a completely different and advanced format. The revolution of the internet, television has brought in the reshaped up regulatory and technological changes due to new dimensions that never existed before. The implementation of conditional access system and FDI’s has fasten the pace of the industry.
Above the line campaign – above the line advertising uses mass media to promote brands and reach their target customers. This kind of advertising is usually done to reach large number of audiences and it is much more effective.
In the delivery of service in the industry the business will endeavor to improve in service provisions through technological innovations, training to their personnel and integrating the community for value added services ADDIN EN.CITE Behn2003247(Behn, 2003)24724717Behn, D., R. 'Why Measure Performance? Different Purposes Require Different Measures', Public Administration Review, European Journal of MarketingEuropean Journal of Marketing586-60663 (5)52003( HYPERLINK l "_ENREF_1" o "Behn, 2003 #247" Behn, 2003).
1. Analyze Enterprise’s Service Quality Survey. What information is it trying to gather? What are its research objectives?
According to Ghobadian, Speller, & Jones, (1994) the service quality plays an important role in the economy and that doing things wrongly leads to increase expenses in an organization. Thus
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.
7. By its very nature, advertising is a prominent feature of economic life. Advertising is one of the most dominate ways of reaching out to consumers and potential buyers through their TV sets, radios, newspapers, magazines, mailboxes, computers and …. Not surprisingly, the associated advertising expenditures can be huge. Advertising is big business indeed. Advertisements basically use visual, acoustic and combined messages that inform consumers about certain products and services, and influence them to freely choose and buy these products, which