Course Objectives:
This course will enable the students to understand the concept of advertising and strategies involved in the process of advertising. Understand the structure and working of an advertising agency. Understand the concept of branding, and advertising research. Understand the statutory bodies and ethics of advertising.
Definitions of advertising, relevance of advertising in the marketing mix, classification of advertisements, various media for advertising, socio-economic effects of advertising, open bodies in advertising AAAI, ASCI, ASCI and its code of conduct.
Segmentation: Market Segmentation Procedure; Bases of market segmentation; Criteria for successful segmentation
Targeting: Market Targeting Procedure, Market segment strategies
Positioning: Market Positioning procedure and Strategies. Perpetual mapping
Advertising Agency: Management, Departmental structure-accounts, Planning, Creative media planning, Client related issues and the process, Agency-client interface; Agency-media interface Agency revenue sources
Creative Strategy- USP Planning and Development and Evaluating Advertising Effectiveness. Advertising appeals, its type and importance. AIDA and DAGMAR Approach
Advertising research: scope and objectives – research as a decision making tool. Market
research and advertising research – types of research: target marketing research, positioning research – pre-test research, post test research, audience research, methods of analyzing research (psychographic/life style research, psycho-physiological research)