0% found this document useful (0 votes)
11 views7 pages

Understanding Advertising Essentials

Advertising is a paid, non-personal communication used by firms to inform and persuade consumers about products and services. It serves various objectives such as creating awareness, increasing sales, and educating consumers, while also having significant importance for producers, consumers, and the economy. Despite its advantages, advertising can be costly and misleading, necessitating control through regulations and consumer protection agencies.

Uploaded by

hero.okezie
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
11 views7 pages

Understanding Advertising Essentials

Advertising is a paid, non-personal communication used by firms to inform and persuade consumers about products and services. It serves various objectives such as creating awareness, increasing sales, and educating consumers, while also having significant importance for producers, consumers, and the economy. Despite its advantages, advertising can be costly and misleading, necessitating control through regulations and consumer protection agencies.

Uploaded by

hero.okezie
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ADVERTISING

1. Meaning and Definition of Advertising


Advertising is a form of paid, non-personal communication used by firms to inform, persuade,
and remind consumers about goods, services, or ideas through various media.

It is one of the major tools of promotion used to create awareness and stimulate demand for
products.

Definitions

●​ Advertising is the paid presentation of goods and services by an identified sponsor.


●​ It is any paid form of communication designed to influence people’s buying decisions.

2. Nature and Characteristics of Advertising


Advertising has the following characteristics:

1.​ Paid form of communication​


The advertiser pays for space or time.
2.​ Non-personal​
It is directed at a large audience, not individuals.
3.​ Identified sponsor​
The advertiser is clearly known.
4.​ Mass communication​
It reaches many people at the same time.
5.​ Persuasive in nature​
It aims to influence buying behaviour.

3. Objectives of Advertising
The objectives of advertising include:

1.​ To create awareness of products


2.​ To introduce new products
3.​ To increase sales
4.​ To educate consumers
5.​ To face competition
6.​ To improve company image
7.​ To remind consumers of existing products

4. Importance of Advertising
Importance to Producers

●​ Increases demand and sales


●​ Helps introduce new products
●​ Builds brand loyalty
●​ Expands market share

Importance to Consumers

●​ Provides information about products


●​ Helps in making wise buying decisions
●​ Improves standard of living

Importance to the Economy

●​ Encourages production
●​ Creates employment
●​ Promotes competition

5. Types of Advertising
A. Product Advertising

Advertising aimed at promoting a specific product.

B. Institutional Advertising
Promotes the image of a company rather than a product.

C. Persuasive Advertising

Encourages consumers to buy a product.

D. Informative Advertising

Provides information about product features and uses.

E. Reminder Advertising

Reminds consumers about existing products.

6. Media of Advertising
Advertising media are the channels used to deliver messages to consumers.

A. Print Media

●​ Newspapers
●​ Magazines
●​ Journals

B. Electronic Media

●​ Radio
●​ Television

C. Outdoor Media

●​ Billboards
●​ Posters
●​ Signboards

D. Online/Digital Media

●​ Social media
●​ Websites
●​ Email advertising
7. Factors Affecting Choice of Advertising Media
1.​ Nature of the product
2.​ Cost of advertising
3.​ Target audience
4.​ Size of the business
5.​ Nature of the market
6.​ Coverage of the medium

8. Advantages of Advertising
1.​ Creates awareness
2.​ Increases sales
3.​ Reaches large audience
4.​ Educates consumers
5.​ Encourages competition
6.​ Promotes brand loyalty

9. Disadvantages of Advertising
1.​ Very costly
2.​ Can be misleading
3.​ Encourages wasteful spending
4.​ Increases cost of products
5.​ Not suitable for all products

10. Differences Between Advertising and Personal


Selling

Advertising Personal
Selling

Non-personal Personal
Mass One-on-one
communication

No immediate Immediate
feedback feedback

Cheaper per More expensive


contact

Less flexible More flexible

11. Advertising and Consumer Behaviour


Advertising influences consumer behaviour by:

●​ Creating awareness
●​ Changing attitudes
●​ Stimulating desire
●​ Encouraging trial and repeat purchase

12. Advertising in Nigeria


Common forms of advertising in Nigeria include:

●​ Radio jingles
●​ TV commercials
●​ Roadside billboards
●​ Social media adverts

13. Problems of Advertising in Nigeria


1.​ High cost of advertising
2.​ Poor electricity supply
3.​ Illiteracy
4.​ Misleading advertisements
5.​ Limited media coverage

14. Control of Advertising


Advertising can be controlled through:

●​ Government regulations
●​ Advertising Practitioners Council of Nigeria (APCON)
●​ Consumer protection agencies

15. Examination Questions (NAPTEB Style)


1.​ Define advertising.
2.​ State five objectives of advertising.
3.​ Explain types of advertising.
4.​ List advantages and disadvantages of advertising.
5.​ Differentiate between advertising and personal selling.

16. Summary
Advertising is a vital promotional tool used by businesses to inform, persuade, and remind
consumers about goods and services. Although it is costly and sometimes misleading, when
properly controlled, advertising contributes greatly to business success and economic
development.

✅ NAPTEB Exam Tip


Always:

●​ Start with a clear definition


●​ Use headings
●​ List points clearly
●​ Avoid unnecessary stories

You might also like