Advertising and Sales Management Exam Guide
Advertising and Sales Management Exam Guide
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Paper / Subject Code: 66674 / BUSINESS STUDIES (MANAGEMENT) : Advertising and Sales Management
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[Link] (Sem-IV) July-2023
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BUSINESS STUDIES (MANAGEMENT): Advertising and Sales Management
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Time: 2 Hours Total Marks: 60
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N.B: 1) All questions are compulsory.
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2) Figures to the right indicate full marks.
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Q. 1 Answer the Following
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a) Define Advertising. Discuss the Classification of Advertising. (08)
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b) Explain the various reasons for which an Ad agency can loose their clients. (07)
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c) Briefly describe the methods of setting Advertising Budget (08)
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d) Discuss Hierarchy of Effects Model of Advertising (07)
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Q. 2. Answer the Following
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a) How to develop an advertising copy for print media? (08)
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b) Elaborate various methods of pre-testing of advertising effectiveness. (07)
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Q. 3 Answer the Following
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1) The _________ department is the link between the ad agency and its clients.
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a) Finance b) media
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2) _______ technologies simulate an environment along with user’s physical presence and sensory
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experience.
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4) When the _____________ is posted to find candidates, the goal is to attract highly skilled
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sales professionals willing to take on the challenges.
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a) job description
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b) resume
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c) cover letter
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d) Advertisement
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5)___________ Technique contains a panel of experts for sales forecasting.
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a) Suppliers' Panel
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b) Test Marketing
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c) Moving Averages
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d) Delphi
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Q. 4. B) State whether the following statements are True or False. (05)
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1) In AIDA Model ‘D’ stands for direction.
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2) Post testing of advertising effectiveness is not required.
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3) Advertising campaigns of ‘Vicco’ support to Ayurveda.
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4) Teleconference sales training can be a cost-effective method, as the sales staff does not have
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to travel to go through training.
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5) Jury of Executive Opinion is the old method of sales forecasting.
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Group A Group B
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3) Sales Territory
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4) Customer Feedback
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मराठी रुपाांतर
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वेळ : २ तास गुण :६०
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सूचना: १. सवव प्रश्न आवश्यक आहेत.
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२. उजवीकडील अांक पूणव गुण दर्वववतात.
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प्र. १. खालील प्रश्नाांची उत्तरे वलहा
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अ) जावहरातीची व्याख्या वलहा.जावहरातीच्या वगीकरणावर चचाव करा. (०८)
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ब) जावहरात एजन्सी तयाांचे ग्राहक गमावू र्कते तयाची ववववध कारणे स्पष्ट करा. 64 (०७)
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प्र. २. खालील प्रश्नाांची उत्तरे वलहा C
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ब) जावहरात पररणामकारकतेच्या पूवव-चाचणीच्या ववववध पद्धती ववस्तृत करा.
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ड) मावहती आवण प्रसारण मांत्रालय (IBM) वर एक टीप वलहा. (०७)
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क) सेल्स फोसव मॅनेजमेंट म्हणजे काय? तयाची वनवड प्रक्रक्रया स्पष्ट करा.
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१) _________ ववभाग हा जावहरात एजन्सी आवण तयाचे ग्राहक याांच्यातील दुवा आहे.
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अ) ववत्त ब) माध्यम
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२) _______ तांत्रज्ञान वापरकतयावची भौवतक उपवस्थती आवण सांवेदी अनुभवासह वातावरणाचे अनुकरण करतात.
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३) ASCI म्हणजे _________________
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अ) अॅडवरटाप्रजग सॉफ्ट कॉपी इां डेक्स
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ब) अॅडवरटाप्रजग स्टँडडव कॉस्ट इां डेक्स
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क) अडवेरटप्रसग स्टॅरटवस्टक्स कौवन्सल ऑफ इां वडया
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ड) अॅडवरटाप्रजग स्टँडडव कौवन्सल ऑफ इां वडया
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४) जेव्हा ____________ हे उमेदवार र्ोधण्यासाठी पोस्ट के ले जाते, तेव्हा आव्हाने स्वीकारण्यास इच्छु क उच्च
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कु र्ल ववक्री व्यावसावयकाांना आकर्षित करणे हे ध्येय असते.
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अ) नोकरीचे वणवन ब) resume
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क) कव्हर लेटर ड) जावहरात
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५) ___________ तांत्रामध्ये ववक्री पूवावनुमानासाठी एका तज्ञ पॅनलचा समावेर् होतो
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अ) पुरवठादाराांचा पॅनल ब) चाचणी ववपणन
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क) गवतमान सरासरी ड) डेल्फी (Delphi)
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(०५)
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१) AIDA मॉडेलमध्ये 'D' म्हणजे मागव दाखवणे होय
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२) जावहरात पररणामकारकतेची उत्तर (Post) चाचणी आवश्यक नसते.
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A sales organization structure significantly affects sales force performance by shaping communication flows, defining roles, and influencing motivation. Key structural elements include the size of the sales team, the division of sales territories to ensure balanced workloads, and the management hierarchy for clear leadership and guidance. A well-designed structure facilitates efficient decision-making, boosts morale through well-defined roles, and increases market coverage by leveraging specialized skills .
The account service department acts as the primary liaison between the ad agency and its clients by understanding client needs, developing effective advertising strategies, and ensuring smooth communication throughout the campaign process. Critical competencies for this role include excellent communication skills, strategic thinking, problem-solving abilities, and a deep understanding of marketing principles .
Tele-conferencing offers strategic benefits such as cost savings on travel, flexibility in training schedules, and the ability to access dispersed teams easily. However, its limitations include potential technology challenges, reduced personal interaction, and difficulty in maintaining trainee engagement. Businesses must balance tele-conferencing with other training methods to ensure comprehensive training experiences .
Pre-testing advertising effectiveness is significant as it enables advertisers to assess if a campaign resonates with the target audience before full-scale launch, potentially saving costs and optimizing impact. Main methods include concept testing, communication testing, and test markets. Concept testing evaluates consumer response to advertising ideas, communication testing assesses clarity and persuasiveness, and test markets simulate a full market launch to gather comprehensive feedback .
The distinct methods for setting an advertising budget include the percentage of sales method, competitive parity method, objective and task method, and the affordable method. The percentage of sales method ties the budget to company revenue, which is simple but assumes a direct link between advertising and sales. On the other hand, the competitive parity method sets the budget based on competitors' spend, ensuring relative market parity but discouraging innovation. The objective and task method involves setting the budget based on specific goals, offering precision but being complex to implement. Lastly, the affordable method allocates budget based on what the company can afford, simple yet risk overlooking optimal spending needs for effective campaigning .
The hierarchy of effects model guides the development of advertising campaigns by structuring them to move consumers from awareness to action through stages such as interest, desire, and conviction. This systematic approach helps in planning and evaluating the campaign's effectiveness. However, its linear progression may not accurately reflect the circular or cyclical nature of consumer decision-making, particularly in today's digital landscape where feedback can rapidly alter customer perceptions .
Virtual reality (VR) differs from digital games by offering immersive experiences that simulate physical presence in a virtual environment, whereas digital games primarily focus on interactive entertainment without requiring sensory immersion. VR in advertising offers advantages such as the ability to deeply engage consumers, create memorable experiences through immersive storytelling, and provide realistic product demonstrations that enhance consumer understanding and preference .
IT plays a transformative role in sales management by automating routine tasks, facilitating data analysis, and improving communication. It enables CRM systems to provide insights into customer behavior and trends, supports the automation of sales processes through software, and allows for more effective management of customer relationships. This transformation facilitates faster decision-making, greater efficiency, and enhanced customer satisfaction, leading to more robust sales performance and competitive advantage .
Sales management encompasses functions like setting sales goals, recruiting and training the sales force, managing sales operations, and measuring performance. These functions enhance the sales process by ensuring well-defined objectives, a skilled and capable sales team, efficient operations, and continuous performance evaluation, which ultimately leads to improved sales results and organizational growth .
Advertising agencies might lose clients due to factors such as poor communication, failure to deliver expected results, lack of creativity, inadequate understanding of the client's business, and budgetary constraints. Agencies can address these issues by maintaining open and proactive communication, setting clear and achievable objectives, investing in creative talent development, deeply understanding the client’s industry, and managing expectations concerning budget and outcomes .