Determinants of Media Selection Among Advertising Practitioners in Nigeria
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
A Brief Primer on the Economics of Targeted Advertising
ECONOMIC ISSUES A Brief Primer on the Economics of Targeted Advertising by Yan Lau Bureau of Economics Federal Trade Commission January 2020 Federal Trade Commission Joseph J. Simons Chairman Noah Joshua Phillips Commissioner Rohit Chopra Commissioner Rebecca Kelly Slaughter Commissioner Christine S. Wilson Commissioner Bureau of Economics Andrew Sweeting Director Andrew E. Stivers Deputy Director for Consumer Protection Alison Oldale Deputy Director for Antitrust Michael G. Vita Deputy Director for Research and Management Janis K. Pappalardo Assistant Director for Consumer Protection David R. Schmidt Assistant Director, Oÿce of Applied Research and Outreach Louis Silva, Jr. Assistant Director for Antitrust Aileen J. Thompson Assistant Director for Antitrust Yan Lau is an economist in the Division of Consumer Protection of the Bureau of Economics at the Federal Trade Commission. The views expressed are those of the author and do not necessarily refect those of the Federal Trade Commission or any individual Commissioner. ii Acknowledgments I would like to thank AndrewStivers and Jan Pappalardo for invaluable feedback on numerous revisions of the text, and the BE economists who contributed their thoughts and citations to this paper. iii Table of Contents 1 Introduction 1 2 Search Costs and Match Quality 5 3 Marketing Costs and Ad Volume 6 4 Price Discrimination in Uncompetitive Settings 7 5 Market Segmentation in Competitive Setting 9 6 Consumer Concerns about Data Use 9 7 Conclusion 11 References 13 Appendix 16 iv 1 Introduction The internet has grown to touch a large part of our economic and social lives. This growth has transformed it into an important medium for marketers to serve advertising. -
Spillover Benefits of Online Advertising
Marketing Science Institute Working Paper Series 2020 Report No. 20-110 Linking Clicks to Bricks: Spillover Benefits of Online Advertising Mi Zhou, Vibhanshu Abhishek, Edward H. Kennedy, Kannan Srinivasan, and Ritwik Sinha “Linking Clicks to Bricks: Spillover Benefits of Online Advertising” © 2020 Mi Zhou, Vibhanshu Abhishek, Edward H. Kennedy, Kannan Srinivasan, and Ritwik Sinha MSI working papers are distributed for the benefit of MSI corporate and academic members and the general public. Reports are not to be reproduced or published in any form or by any means, electronic or mechanical, without written permission. Linking Clicks to Bricks: Spillover Benefits of Online Advertising Mi Zhou Carnegie Mellon University, Heinz College [email protected] Vibhanshu Abhishek University of California – Irvine, Paul Merage School of Business [email protected] Edward H. Kennedy Carnegie Mellon University, Department of Statistics & Data Science [email protected] Kannan Srinivasan Carnegie Mellon University, Tepper School of Business [email protected] Ritwik Sinha Adobe Systems [email protected] October 2018 Marketing Science Institute Working Paper Series Abstract Businesses have widely used email ads to directly send promotional information to consumers. While email ads serve as a convenient channel that allows firms to target consumers online, are they effective in increasing offline revenues for firms that predominantly sell in brick-and-mortar stores? Is the effect of email ads, if any, heterogeneous across different consumer segments? If so, on which consumers is the effect highest? In this research, we address these questions using a unique high-dimensional observational dataset from one of the largest retailers in the US, which links each consumer’s online behaviors to the item-level purchase records in physical stores. -
Setting Goals and Objectives Setting Advertising Campaign Goals 1
Department: Journalism and Mass Communication Course Name: M.A. JMC Semester - 4th Semester Paper name: Advanced Public Relations and Advertising Teacher Name: Prof. Manukonda Rabindranath Note: This is for the purpose of reading only but not for any publication. Unit-5 1. Advertising Campaigns: Setting goals and objectives Setting advertising campaign goals 1. Brand Awareness. It is common for marketers to appoint brand awareness as the most important goal in their marketing strategy. 2. Website Traffic. 3. Social Engagement. 4. Displaying Video Ads. 5. Understanding your target audience. Advertising has three primary objectives: to inform, to persuade, and to remind. Informative Advertising creates awareness of brands, products, services, and ideas. It announces new products and programs and can educate people about the attributes and benefits of new or established products. Within these broad goals, companies normally have more specific, quantified objectives, as well. Advertising campaigns are built to accomplish a particular objective or a set of objectives. Such objectives usually include establishing a brand, raising 1 brand awareness. The rate of success or failure in accomplishing these goals is reckoned via effectiveness measures. Following types of Advertising are most effective. • Social Media. With 56% of Americans having a profile with a social networking service, social media is undoubtedly a killer advertising platform to maximize brand recognition and spend as little money as possible. • Print Media. • Television. • Radio. • Direct Mail. • Email. Here's a breakdown of the top four most trusted advertising mediums, according to a recent study by Future Foundation for FEPE International. 1. TV. Twenty-eight percent of consumers believe television advertising is the most trustworthy, making it the most trusted advertising medium. -
THE EFFECTS of DIGITAL ADVERTISING on BRAND IMAGE – Case Study: Company X
Bachelor’s thesis International Business 2018 Tuuli Linna THE EFFECTS OF DIGITAL ADVERTISING ON BRAND IMAGE – Case Study: Company X BACHELOR’S THESIS | ABSTRACT TURKU UNIVERSITY OF APPLIED SCIENCES International Business 2018 | 43 pages Tuuli Linna THE EFFECTS OF DIGITAL ADVERTISING ON BRAND IMAGE - Case study: Company X The abundance of content we see on digital channels is astonishing, and the time we spend looking at individual pieces of content is very short. Companies put a lot of effort and money on digital advertising to leverage their sells and brand awareness. This thesis aims to reveal what type of digital advertising works and is there a correlation between seeing digital advertising to perceived brand image The data was collected from e-books, online articles, case studies, videos and an online survey. The theory includes famous brand theories and studies about branding and advertising. The conclusion was drafted based on the literature review and data collected from an online survey targeted to the case company’s current customers. KEYWORDS: Advertising, Digital advertising, Marketing, Promotion, Organic content, content, Social media, Brand building, Brand image, Digital consumption, Strategy, Brand promise, Tactical advertising, Branded content OPINNÄYTETYÖ (AMK) | TIIVISTELMÄ TURUN AMMATTIKORKEAKOULU Kansainvälinen liiketalous 2018 | 43 sivua Tuuli Linna DIGITAALISEN MAINONNAN VAIKUTUS BRÄNDI- IMAGOON - Tutkimus: Yritys X Digitaalisten kanavien sisältämä sisällön runsaus on hämmästyttävää ja aika, jonka kulutamme yksittäisten sisältöjen kanssa on hyvin lyhyt. Yritykset käyttävät paljon työtä ja rahaa digitaaliseen mainontaan tavoitteenaan nostaa myyntiä ja brändin tunnettuutta. Tämän opinnäytetyön tarkoituksena on tutkia, millainen digitaalinen mainonta toimii, ja onko digitaalisen mainonnan ja mieltyneen brändikuvan välillä korrelaatiota. -
2020 SNMMI Media
2020 PRINT AND DIGITAL ADVERTISING OPPORTUNITIES The Society of Nuclear Medicine and Molecular Imaging (SNMMI) offers an array of print and online advertising opportunities to reach the key decision makers in the nuclear medicine and molecular imaging market throughout the year. VOLUME 59 NUMBER 8 AUGUST 2018 NUCLEAR MEDICINE FEATURED Evaluation of PET Brain Radioligands for Imaging Pancreatic β-Cell Mass: ARTICLE Potential Utility of 11C-(+)-PHNO. Jason Bini et al. See page 1249. Patterns of 18F-FES uptake on PET/CT: a potential key to identifying biologically relevant subgroups of metastatic breast cancer. Hilde Nienhuis et al. See page 1212. Contact Team SNMMI Cunningham Associates Charlie Meitner, Kevin Dunn, Jim Cunningham T: 201.767.4170 ■ F: 201.767.8065 Email: [email protected] SNMMI 1850 Samuel Morse Dr. Reston, VA 20190 2 18 Vol. 46 ■ No. 2 ■ June 2018 JNMTJournal of Nuclear Medicine Technology Journal of Nuclear Medicine Technology June 2018 ■ Vol. 46 Vol. FEATURED IMAGE 18 F-FDG and Amyloid PET in Dementia. ■ Lance Burrell and Dawn Holley. Pages See page 151. 75–217 2020 PRINT AND DIGITAL ADVERTISING OPPORTUNITIES CONTENTS SNMMI MEMBER DEMOGRAPHICS PAGES 3–5: JNM & JNMT PRINT ADVERTISING SNMMI is the leader unifying, advancing and optimizing OPPORTUNITIES nuclear medicine and molecular imaging, with the ultimate Pages 3 & 5 ■ JNM Print Advertising Opportunities/ goal of improving human health. Our 17,000 members are Specifications the key buyers and decision makers in the nuclear medicine and molecular imaging market. -
Prohibiting Product Placement and the Use of Characters in Marketing to Children by Professor Angela J. Campbell Georgetown Univ
PROHIBITING PRODUCT PLACEMENT AND THE USE OF CHARACTERS IN MARKETING TO CHILDREN BY PROFESSOR ANGELA J. CAMPBELL1 GEORGETOWN UNIVERSITY LAW CENTER (DRAFT September 7, 2005) 1 Professor Campbell thanks Natalie Smith for her excellent research assistance, Russell Sullivan for pointing out examples of product placements, and David Vladeck, Dale Kunkel, Jennifer Prime, and Marvin Ammori for their helpful suggestions. Introduction..................................................................................................................................... 3 I. Product Placements............................................................................................................. 4 A. The Practice of Product Placement......................................................................... 4 B. The Regulation of Product Placements................................................................. 11 II. Character Marketing......................................................................................................... 16 A. The Practice of Celebrity Spokes-Character Marketing ....................................... 17 B. The Regulation of Spokes-Character Marketing .................................................. 20 1. FCC Regulation of Host-Selling............................................................... 21 2. CARU Guidelines..................................................................................... 22 3. Federal Trade Commission....................................................................... 24 -
Digital Marketing– Elixir of Business
IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668 PP 10-12 www.iosrjournals.org Digital Marketing– Elixir of Business Dr.G.Venugopal, Assistant Professor, Department of Corporate Secretaryship and Professional Accounting, Kongu Arts and Science College, Erode. Abstract: The Internet era has thrown open a new pathway for today’s marketing. The Internet has made all traditional modes of business outdated and generated amazing new possibilities in business. Online marketing or internet marketing – a combination of marketing acumen and technology – uses the Internet as a medium to advertise and sell services and goods. Digital marketing includes affiliate marketing, search engine marketing including search engine optimization, article marketing, blog marketing, pay-per-click search engine advertising, and e-mail marketing. Digital marketing is one type of marketing being widely used to promote products or services and to reach consumers using digital channels. Digital marketing extends beyond internet marketing including channels that do not require the use of Internet. It includes mobile phones (both SMS and MMS), social media marketing, display advertising, search engine marketing and many other forms of digital media. In future, the scope of the digital-marketing is very wide and it’s going to be the life blood of business. Keywords: Digital Marketing, Promotion, Effectiveness, Customer Reach I. Introduction Digital or electronic marketing refers to the application of marketing principles and techniques via electronic media and more specifically the Internet. The terms Digital Marketing, Internet marketing and online marketing, are frequently interchanged, and can often be considered synonymous. Digital is the process of marketing a brand using the any form of electronic device with or without the Internet. -
Why Advertisers Are Tracking Your Emojis
Why advertisers are tracking your emojis WARM UP 1. Discuss the following points in pairs: 1. Which online ads are the most annoying? 2. How often do you click an online ad or react to an ad (e.g. search for a product you see in an image on Instagram)? 3. What type of online marketing is the least intrusive? 2. You will see some examples of online ads. Match them to their names below: pop - up ad native ad banner /display ad social media ad video ad (homepage) takeover ad READING 3. Read the article below about the history of online advertising: A Brief History of Online Advertising Adapted from a Hubspot article by Karla Cook [1] Remember when "surfing the net" meant traversing a minefield of unwelcome pop - up ads? When "digital advertising" referred almost exclusively to obnoxious flashing banners and random sidebar ads? Online ads have matured a lot since those days, but it's still important to look back at the flashy, sometimes messy origins of internet advertising to better understand where we're headed -- and where there's still room for improvemen t. [2] Online Advertising comes to life (1994) On October 27, 1994, the world of advertising was forever transformed by a small graphic bearing the presumptive words, "Have you ever clicked your mouse right here? You will," in a kitschy rainbow font. Th e age of banner ads had officially begun. The idea was to set aside portions of its website to sell space to advertisers, similar to how ad space is sold in a print magazine. -
Online and Mobile Advertising: Current Scenario, Emerging Trends, and Future Directions
Marketing Science Institute Special Report 07-206 Online and Mobile Advertising: Current Scenario, Emerging Trends, and Future Directions Venkatesh Shankar and Marie Hollinger © 2007 Venkatesh Shankar and Marie Hollinger MSI special reports are in draft form and are distributed online only for the benefit of MSI corporate and academic members. Reports are not to be reproduced or published, in any form or by any means, electronic or mechanical, without written permission. Online and Mobile Advertising: Current Scenario, Emerging Trends, and Future Directions Venkatesh Shankar Marie Hollinger* September 2007 * Venkatesh Shankar is Professor and Coleman Chair in Marketing and Director of the Marketing PhD. Program at the Mays Business School, Texas A&M University, College Station, TX 77843. Marie Hollinger is with USAA, San Antonio. The authors thank David Hobbs for assistance with data collection and article preparation. They also thank the MSI review team and Thomas Dotzel for helpful comments. Please address all correspondence to [email protected]. Online and Mobile Advertising: Current Scenario, Emerging Trends and Future Directions, Copyright © 2007 Venkatesh Shankar and Marie Hollinger. All rights reserved. Online and Mobile Advertising: Current Scenario, Emerging Trends, and Future Directions Abstract Online advertising expenditures are growing rapidly and are expected to reach $37 billion in the U.S. by 2011. Mobile advertising or advertising delivered through mobile devices or media is also growing substantially. Advertisers need to better understand the different forms, formats, and media associated with online and mobile advertising, how such advertising influences consumer behavior, the different pricing models for such advertising, and how to formulate a strategy for effectively allocating their marketing dollars to different online advertising forms, formats and media. -
Summary of Roundtable on Online Advertising
Organisation for Economic Co-operation and Development DSTI/CP(2018)12/FINAL Unclassified English - Or. English 13 August 2018 DIRECTORATE FOR SCIENCE, TECHNOLOGY AND INNOVATION COMMITTEE ON CONSUMER POLICY Summary of Roundtable on Online Advertising JT03434988 This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. 2 │ DSTI/CP(2018)12/FINAL This document summarises a Roundtable on Online Advertising that was held by the Committee on Consumer Policy (CCP) on 18 April 2018. It highlights some of the key themes and issues raised during the discussions. The final agenda for the roundtable is attached as an annex. This paper was approved and declassified by written procedure on 31 July 2018 and prepared for publication by the OECD Secretariat. © OECD 2018 You can copy, download or print OECD content for your own use, and you can include excerpts from OECD publications, databases and multimedia products in your own documents, presentations, blogs, websites and teaching materials, provided that suitable acknowledgment of OECD as source and copyright owner is given. All requests for commercial use and translation rights should be submitted to [email protected]. SUMMARY OF ROUNDTABLE ON ONLINE ADVERTISING Unclassified DSTI/CP(2018)12/FINAL │ 3 Summary of Roundtable on Online Advertising Advertising is not new. Indeed, it is as old as commerce itself. However, online advertising, especially “online behavioural advertising”, which uses personal data to target ads, is relatively new. -
Product Placement Effects on Store Sales
Product Placement Effects on Store Sales: Evidence from Consumer Packaged Goods∗ Simha Mummalaneni † Yantao Wang ‡ Pradeep K. Chintagunta § Sanjay K. Dhar ¶ February 21, 2019 Abstract Product placement provides an alternative way for brands to reach consumers and does so in a more subtle way than through traditional advertising. We use data from both traditional television advertising and product placement on television shows to compare how these marketing instruments affect consumer demand for brands in the soda, diet soda, and coffee categories. Our approach is to estimate a logit demand model using weekly store-level sales data at the UPC (product) level, while accounting for heterogeneity in consumer preferences and response parameters across markets. Estimates from this model indicate that product placement is generally effective, but that the elasticities are small. For the soda and diet soda categories, average short-term elasticities are around 0.08 for the major brands in the data; these estimated elasticities for product placement are generally larger than those for traditional TV advertising, albeit on the same order of magnitude. For the coffee category, product placement elasticities are roughly zero while the advertising elasticities are larger. The results suggest that product placement is overall more effective than traditional TV advertising for the brands in our data; however, there is a significant amount of heterogeneity in elasticities across categories, brands, and geographical areas. Keywords: Product Placement, Advertising, Media, Demand Estimation ∗We thank Günter Hitsch for initiating this project with us. We also thank Brad Shapiro and seminar participants at the 2018 UW-UBC marketing camp, the 2018 Marketing Science conference, Johns Hopkins University, the FTC Bureau of Economics, and the 2019 University of Washington winter marketing camp for their thoughtful comments and suggestions. -
Evaluation of Advertising Campaigns on Social Media Networks
sustainability Article Evaluation of Advertising Campaigns on Social Media Networks Jurgita Raudeliunien¯ e˙ ID , Vida Davidaviˇciene,˙ Manuela Tvaronaviˇciene˙ * ID and Laimonas Jonuška Department of Business Technologies and Entrepreneurship, Vilnius Gediminas Technical University, 10221 Vilnius, Lithuania; [email protected] (J.R.); [email protected] (V.D.); [email protected] (L.J.) * Correspondence: [email protected]; Tel.: +370-687-83944 Received: 19 March 2018; Accepted: 23 March 2018; Published: 27 March 2018 Abstract: As the virtual environment is constantly changing, not only users’ informational and knowledge needs but also the means and channels of communication with customers applied by organizations change. There is a noticeable trend to move more and more advertising campaigns to social media networks because of the opportunities they provide to organizations and users, which results in the ever-increasing popularity of social media networks and a number of their users. Such a transition is explained by one of the main objectives organizations have: to inform their customers in an appropriate way and receive feedback on social media networks, which is difficult when traditional advertising channels and means are applied. Since advertising campaigns on social media networks are evolving rapidly, their assessment factors and methods, which receive controversial opinions in both scientific literature and practice, change too. Researchers assess and interpret the factors that influence the effectiveness of advertising campaigns on social media networks differently. Thus, a problem arises: how should we evaluate which approach is more capable of accurately and fully reflecting and conveying reality? In this research, this problem is studied by connecting approaches of different researchers.