interested in advertising Many companies think that they should cut expenditure on advertising and redirect it into sales promotions‚ direct mail‚ public relations and other forms of marketing communications. Advertising is not an expensive but‚ rather‚ is a strategic activity which should be regarded as an investment in the product or brand. Reducing advertising spend may yield short-term savings but may well lead to long-term loss of market share. In the late 1970s Adidas cut advertising spend on its
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This case is about the advertising war between two popular health drink brands Horlicks and Complan in India. The war for supremacy between these two brands started as early as in 1960s and had continued ever since. Over the years‚ the brands were involved in aggressive comparative advertising in print and television over attributes such as ingredients‚ protein content‚ growth‚ and flavors. However‚ in late 2008‚ the makers of Horlicks‚ GlaxoSmithKline Consumer Healthcare (GSK)‚ and the makers of
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Assignment Title: Essay on Theoretical Understanding and Practical Application of Advertising and Promotion in Business Unit Code: Y/601/1000 By Ivanka Davidova Task 1: The Scope of Marketing Communications 1.1 Explain the marketing communication process that applies to the advertising and promotion of business. In order to explain how marketing communication process effects on the advertising and promotion of business‚ let’s briefly review the process of marketing communication. This
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INTEGRATED MARKETING COMMUNICATIONS: ADVERTISING‚ SALES PROMOTION‚ AND PUBLIC RELATIONS MULTIPLE CHOICE QUESTIONS 1. Another name for a company’s marketing communications mix is: a. the advertising program. b. the sales force. c. the image mix. d. the promotion mix. Answer: (d) Difficulty: (1) Page: 470 2. Which tool of the promotional mix is defined as any paid form of nonpersonal presentation and promotion of ideas‚ goods‚ or services by an
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AdBoard Members: ASAP VISION-Advertising Suppliers Association of the Philippines (ASAP) is the national association‚ uniting all sectors of advertising suppliers‚ guided by the highest standards of ethical‚ professional and responsible trade practice as partners in the advertising industry. MISSION 1. Professionalize and upgrade the business trades and services of advertising suppliers and firms; 2. Uphold the highest standards of trade practices and ethics in the conduct of business‚ and
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WHAT IS THE ROLE OF ETHICS IN MANAGEMENT? Ethical management refers to corporate management that not only fulfills economic goals and legal responsibilities‚ but also meets the ethical expectations imposed by social norms in conducting business. There are 5 specific functional areas of management which is covered by business ethics : 1) Ethical management in the workplace. Ethical management is the foundation of CSR (voluntary activities undertaken by a company to operate in an economic‚ social and
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Understand the role of promotion within the marketing mix Products and services of Apple Product range The product is at the heart of marketing exchange process. For this example we will take a 3D television ‚ that Apple sells. If the 3D television does not deliver the benefits the customer wanted ‚ or if it does not live up to the customer’s expectations‚ then this can be very costly for Apple Apple offer a range of products. They are not restricted to one product ‚ in fact ‚ Apple sells
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1. APPROACHES TO BUSINESS ETHICS When business people speak about "business ethics" they usually mean one of three things: (1) avoid breaking the criminal law in one’s work-related activity; (2) avoid action that may result in civil law suits against the company; and (3) avoid actions that are bad for the company image. Businesses are especially concerned with these three things since they involve loss of money and company reputation. In theory‚ a business could address these
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The role of account management is to serve as a connection between client and agency emphasizing its resources on client’s needs. It has the responsibility of handling the client’s expectations such as managing the client’s business‚ having good knowledge of the product‚ business and market. Basically‚ an excellent account person is a master of being a generalist. The account management team have a clear understanding for every departments in the agency such as creative‚ media‚ internal services
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For as long as advertising and mass media have been around‚ so has their incorporation of sexuality and ideologies. Day after day we are plastered by articles‚ images‚ and audible forms of advertising. I would estimate that the average person encounters between fifteen hundred and three thousand forms of advertising each and every day. Of those fifteen hundred to three thousand‚ it would be safe to say that more than two thirds of them portray sexuality and socially constructed ideals. Men‚ women
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