Explain the Effectiveness of Advertising Using the Aida Model
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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. -
Advertising Management
ADVANCED INTEGRATED MARKETING COMMUNICATIONS MARKETING 472 Mon/Wed, 2:00 – 3:50 PM Fall, 2014 PROFESSOR: DICK BROOKS SS - 3137 Phone 619.594.4713 OFFICE HOURS: Tues. Noon – 1:00 PM [email protected] Wed. 5:00 – 6:00 PM OBJECTIVE: Advanced Integrated Marketing Communications is designed to allow the student to experientially apply the concepts of advertising and promotions through the development of a promotional plan. Students are formed into ad agencies and are responsible for creating the promotional plan in its entirety. Student Learning Outcomes: At the end of this course students should be able to: Develop a comprehensive IMC plan Identify and analyze the strengths, weaknesses, opportunities, and threats faced by an organization as it prepares to develop an IMC plan State communications objectives that will guide IMC promotional plan development Determine and allocate a promotional budget Plan a media strategy Measure the effectiveness of the IMC plan PREREQUISITES: MKTG 370, 371, 373,470 TEXT: Belch & Belch, " Advertising and Promotion " Richard D. Irwin, 10th, 2014. TEXT: Ronald D. Geskey, “Media Planning & Buying in the 21st Century” 2020 Marketing Communications LLC, 2011. REQUIREMENTS: (1) Completion of comprehensive promotional plan (2) Graded group contribution (3) Departmental report/presentation GRADING: 50% Promotional Plan (By Professor) 20% Group Evaluation (By Peer Evaluation) 30% Departmental Evaluation (By Professor) SCHEDULE: Date Topic Chapter Readings Aug. 25 INTRODUCTION Formation of Groups/Project Selection 27 Client visits/presentations (A) 1-3 Sept. 01 HOLIDAY 03 Client visits/presentations (B) 08 Client visits/presentations (C) 10 Client visits/presentations (D) 4 15 Secondary research/situation analysis (A) 5 17 Secondary research/situation analysis (B) 22 Secondary research/situation analysis (C, D) 6 24 Presentation of Situation analysis (A) 7 29 GUEST SPEAKER: Scott Schimmel Oct. -
Pay-Per-Click Advertising Skyrockets Profits for an Ecommerce Store
Pay-Per-Click Advertising Skyrockets Profits for an eCommerce Store A PPC Case Study BuildASoil (BAS) is an online retail supplier for organic soil bases, amendments, composts, fertilizers, and growing systems. Gardeners design their own custom soil and nutrient mixes on their website, which are then bagged and delivered to their doorstep. While the BAS products can be used for any home gardener, their brand attracts the exploding cannabis market in Colorado and other legal states. They have also grown a lifestyle brand around their product through Instagram, YouTube, and their blog where they offer how-to articles, videos, and behind the scenes information to their fans. Their mission is to assist home gardeners to be successful with organic gardening through their tested natural systems. They have a vision for a garden in every patio in every home. PPC Agency Management BuildaSoil connected with InSync Media in October 2018. While they had grown a successful company through organic online marketing, paid and organic social media, and a loyal fan base, they knew they were missing an opportunity to grow through pay-per-click advertising on the popular Google Shopping Network (GSN). The GSN is a technical setup, and the staff at BAS did not have the internal resources to get this PPC advertising channel set up and working correctly. It made sense for them to hire an agency to manage this aspect of their PPC marketing. After the initial setup costs, InSync Media offered them affordable monthly management fees available to local small businesses. Pay Per Click Bid Management Strategies Successful ongoing PPC campaign management includes bid strategies and targeting strategies. -
A Comparative Analysis of Mobile and Email Marketing Using AIDA Model
J. Basic. Appl. Sci. Res., 4(6)38-49, 2014 ISSN 2090-4304 Journal of Basic and Applied © 2014, TextRoad Publication Scientific Research www.textroad.com A Comparative Analysis of Mobile and Email Marketing Using AIDA Model Fazal Ur Rehman1; Tariq Nawaz; Muhammad Ilyas and Shabir Hyder Department of Management Sciences, COMSATS Institute of Information Technology, Pakistan Received: February 22, 2014 Accepted: May 4, 2014 ABSTRACT This study assessed the effectiveness of mobile and email marketing channels using AIDA model. The study used questionnaires based survey to collect data. The collected data were analyzed through logistic regression. The study is based on the marketing channels adopted by a mega store. Results indicated that mobile marketing was more effective as compared to email marketing. This study was unique in the sense that comparison between both channels based on AIDA model was analyzed for the first time. It is suggested that marketing professionals can increase their sales using mobile marketing; however, this effort should be supplemented by using e-mail marketing. KEY WORDS: Mobile Marketing, Email Marketing, AIDA Model INTRODUCTION Advanced technology has altered the way of doing business and minimized distances among businesses and its customers. Nowadays, it is easy for businesses to intermingle with customers efficiently and quickly at lower cost and shorter period of time around the world. In the contemporary business environment, mobile phone and electronic mail play important role in communication. Mobile marketing is the use of cell phones as a source of marketing communication. Shankar and Balasubramanian's (2009) defined it as “the two way communication and promotion of an offer between a business and its customers via cell phones”. -
A Study on Effective Advertising Management Strategy
International Journal of Research and Development - A Management Review (IJRDMR) ________________________________________________________________________________________________ A Study on Effective Advertising Management Strategy A.Shobika & J.Sindhu, II BBA CA, Department of Bachelor of Business Administration with CA, Sri Krishna Arts and Science College management, ad campaigns and public relations efforts Abstract -Every origin should have objectives to provide a frame work for action. Advertising is a part of the tend to founder and produce little or no results. promotion mix and thus, advertising objective should in Effective advertising always begins by engaging in line with the overall promotion or marketing objectives of competent advertising research. The research helps to a firm which in turn, should be in line with the overall identify the sectors of the consumer market that are most organizational objectives. Setting advertising objectives is the starting point in developing is advertising. Advertising likely to positively respond to a given product. In order is best business. At present it is estimated to be are to identify these niche markets within the larger group of industry worth RS, 50000 crore (2013) account of consumers, researchers will not only seek to understand recession, ad spends have led to slump in the ad market. what appeals to these buyers but why those goods and The growth rate has slumped from 24.5% in 2007 to services have that inherent appeal. The data collected advertising is a Promotional activity for marketing a from the research can then be used to enhance the commodity. In the present day world of mass production marketability of products, addressing everything from and distribution, advertisement serves as a powerful tool in function to packaging. -
The Relationship of Aida Model in Term Ofwebsite
G.J. C.M.P., Vol. 2(2) 2013:1-13 ISSN 2319 – 7285 THE RELATIONSHIP OF AIDA MODEL IN TERM OFWEBSITE DESIGN AND STRUCTURE TOWARDS PURCHASING DECISIONON ZALORA INDONESIA (A CASE STUDY OF PRESIDENT UNIVERSITY STUDENT) Hafid Pradipta1& Purwanto2 1Faculty of Economics, President University, Bekasi, Indonesia 2Faculty of Economics, President University, Bekasi, Indonesia Abstract Growth of internet in Asia specifically in Indonesia is contributed to the growth of electronic commerce. Ranked number 9 in term of internet user worldwide, Indonesia electronic commerce shopper is also growth to 6.5% from Indonesian population. Fashion is the most desired category to be bought online followed by games and video. This growth in fashion also has impact worldwide especially to physical store online shop. However, in Indonesia, customer still look for information of desired goods in internet before purchasing it in physical store. This problem of not buying in the website directly is what researcher wants to analyzed. This research aims to identify the relationship of website design and structure toward purchasing decision among Zalora Indonesia’s customer in President University. Researcher is using theory of AIDA model (Attention, Interest, Desire, Action) in term of website design and structure to figure out the relationship between those variables toward purchasing decision. Variable in website design and structure based on AIDA models are: visual appeal, ease of use, interactivity, trustworthiness and convenience. The research is using quantitative analysis. Data were gathered from 100 respondents of President University student who already purchase goods online via Zalora Indonesia at least once. The study indicated Visual Appeal, Ease of Use, and Trustworthiness and Convenience partially and collectively have significant impact. -
An Approach to Teaching the Retail Advertising Course.
DOCUMENT RESUME 1'0 ED 218.630 . CS 207 0.14, AUTHOR BOwers, Thomas A. TITLE An Approach to Teaching the Retail Advertising Course. , . PUB DATE '' ,Jul 82 .. NOTE 17p.; Paper presented at the Annual Meeting of the Association for Educatiod in Journalism (65th, Athens, OH, July 25-28, 1982). Best copy -aviilable. _ EDRS PRICE MF01/PC01.Plus Postage. DESCRIPTORS *Advertising;. Course_Descriptions; *Distribuitive 'Education; Higher Education; Layout-(Publications); Marketing; *Merchandising; *Retailing; Salesdianshipv, Teaching Methods ABSUACT Oneapproach to teaching a college-levek 'retail advertising. course epphasizes the'use of newspapers and shopping guides. The course objectives are (1) to acquaint students with' practices and problems of retailing; with particular emphasis on promotion and advertising; (2) tocquaint them with ways local advertising media meet promotional and advertising needs of retaileri; and (3) to instruct.them °in procedures and techniques of advertising services of local print tedia.,The-course.schedule includes a'field trip to a local newspaper, assignments that involve students in:market research and promold.on, student involvemedt in telephbne,surveys for d#ta collection, media guest-speakert, and four or five,aseignmentOhat include layout and illustrations. Jhe doursework culminans in a 20-Minute sales pres5niati9n by each student. InAthe presentation, students try to get the instructor (who is acting in the role of project retailer) to/sigd an advertising . contract with their publication. The student'v*presentation book intludes market promotion data (initially deyeloped.for an earlier assignment), information about the °Specific publication, rates and schedules, and speculative-advertiiemepts. (Appendixes include a syllabus, course schedUle,Jdetailed topic outline, topic reading list, and guidelines for guest speakers.) (HOD) -, . -
Promoting Your Product
Promoting Your Product Promotion is a type of communication and persuasion we find throughout our daily lives. It is also one of the Four P's (product, place, price, and promotion) in your marketing plan. To use promotion effectively, you should understand the basic principles behind it. Getting Customers: AIDA AIDA is a popular communication model used by companies to plan, create, and manage their promotions. The letters in AIDA stand for the following steps in any type of promotion: 1. Attention. The first step when introducing a new product to a market is to grab the attention of potential customers. For example, using a celebrity to introduce a product may cause people to take notice. 2. Interest. After you get people's attention, you want to keep it. To hold consumer interest, you need to focus your message on the product's features and benefits. Clearly communicate to potential customers how these features and benefits specifically relate to them. 3. Desire. What can you do to make your product desirable? One way might be to demonstrate how the product works. Another tactic would be proving in some way that your product is a bargain. 4. Action. Don't forget to ask consumers to take action, to buy. You may also want to give them a reason to act right away. For example, a limited‐time offer might motivate them. Keeping Customers Most experts agree that promotional messages have to be repeated many times to maximize their effectiveness. In other words, for customers to remember what you want them to know and keep them coming back to buy again, promotion must be an ongoing process. -
Exploring Advertising Effectiveness of Tourist Hotels' Marketing Images
sustainability Article Exploring Advertising Effectiveness of Tourist Hotels’ Marketing Images Containing Nature and Performing Arts: An Eye-Tracking Analysis Tsai Chiao Wang 1, Chia Liang Tsai 1,* ID and Ta Wei Tang 2,* 1 Institute of Physical Education, Health & Leisure Studies, National Cheng Kung University, No.1 University Road, Tainan City 701, Taiwan 2 Department of Leisure and Recreation Management, Asia University, No. 500 Lioufeng Road, Wufeng, Taichung City 413, Taiwan * Correspondence: [email protected] (C.L.T.); [email protected] (T.W.T.) Received: 26 July 2018; Accepted: 21 August 2018; Published: 27 August 2018 Abstract: The beautiful, natural environment in a tourist hotel’s marketing images can evoke relaxing and soothing emotions. However, can tourist hotels use nature as a servicescape to make their performing arts services more attractive? Based on attention restoration and servicescape theory, this study explores and compares the influence of tourist hotels’ performing arts images with nature- or built-based servicescapes on the advertising effectiveness (i.e., customer visual attention and behavioral intention). To analyze visual attention on the marketing images, this study uses eye-tracking technology to record customer visual trajectories. This experiment used a total of 113 participants. The sample size of the nature-based servicescape group was 59 (age with mean = 39.04), and that of the built-based servicescape group was 54 (age with mean = 40.17). A tourist hotel’s (Volando Urai Spring Spa & Resort) marketing images were chosen as stimuli. All participants were randomly assigned to the nature-based or the built-based servicescape group. In each experimental group, all the images were randomly presented to reduce any order effects of the images. -
MARKETING 352 002 ADVERTISING and PROMOTION SYLLABUS DEPARTMENT of MANAGEMENT, MARKETING, and INTERNATIONAL BUSINESS NELSON RUSCHE COLLEGE of BUSINESS Fall 2011
MARKETING 352 002 ADVERTISING AND PROMOTION SYLLABUS DEPARTMENT OF MANAGEMENT, MARKETING, AND INTERNATIONAL BUSINESS NELSON RUSCHE COLLEGE OF BUSINESS Fall 2011 PROFESSOR: Dr. Marlene Kahla, Associate Professor, Assistant Department Chair, Director of Internships and Special Problems COURSE: MKT 352, ADVERTISING AND PROMOTION CLASS HOURS: 9:00 AM – 9:50 AM & 11:00 AM – 11:50 AM MWF MKT 352 001 & 002 4:00 PM – 6:30 PM MKT 360 022 CLASS LOCATION: BU 465 OFFICE HOURS: 10:00 AM – 11:00 AM; Noon – 4 PM MW, or by appointment PROFESSOR CONTACT INFORMATION: Office telephone: 936-468-4103; or email: [email protected] OFFICE LOCATION: BU 403C COURSE DESCRIPTION: Introduction to theory and practice in advertising and promotion. Prerequisite: Junior Standing Course Objective: Upon completion, the student should be able to: identify the terms and concepts that are commonly used in promotion and advertising, as indicated by performance on tests, projects, and assignments. give the relationships which underlie these terms and concepts, as indicated by performance on tests, projects, and assignments. demonstrate preparation to comprehend the basic advertising and promotion concepts and functions, as indicated by overall performance in preparation and presentation of promotion and advertising projects. 2 demonstrate the value of an ethical approach to promotion and advertising activities, as indicated by the student’s evaluation of descriptive situations which require value-based judgment in preparing a complete project or assignment. demonstrate a knowledge of international promotion and advertising functions, as indicated by selected advertising and promotion examples on activities, projects, and assignments. demonstrate preparation of evaluation tools for promotion and advertising campaigns, as indicated by suggested methods in projects, assignments, and tests. -
ADVERTISING What Can I Do with This Degree?
ADVERTISING What can I do with this degree? AREAS EMPLOYERS STRATEGIES ACCOUNT MANAGEMENT Sales Advertising agencies Gain sales experience. Development Corporate advertising departments Work in sales at campus newspaper or radio station. Marketing Specialty advertising firms Develop organizational and communication skills. Administration Consulting firms Learn to think strategically. Marketing firms Self employed/Freelance CREATIVE SERVICES Art Advertising agencies Develop and strengthen art skills. This is the creative Copywriting Consulting firms side of advertising. Print Production Publishers including: Compile a portfolio of writing, graphics and ideas. Publishing Trade books Gain knowledge of production and printing. Technical Writing Paperback Work with college or regional magazines and campus Educational materials publications. Technical, scientific and medical Take technical writing courses for technical areas of Internet sites interest. Learn how to sell your ideas. Get experience in the field, even if unpaid. MEDIA Advertising Sales Advertising agencies Secure internships. Planning/Buying Business corporations Get practical experience through part-time or summer Public Relations/Promotion Publishers positions. Research Television Develop creativity and learn to take initiative. Design, Art and Production Radio Join campus or local newspaper or radio advertising Direct Marketing Newspapers staff. -Direct marketers advertise directly to the customer Magazines Create a portfolio. through mail, magazines, radio, or TV to get an Government agencies immediate response by telephone, mail, or fax. Internet marketers (Advertising, Page 2) AREAS EMPLOYERS STRATEGIES RESEARCH Statistics Focus Group Moderation Advertising firms A Master’s or Ph.D. may be required for advanced Interviewing Corporate advertising departments statistical analysis. Project Management Specialty advertising firms Need experience with statistics, data interpretation, Supervision Research laboratories and writing. -
The Impact of Branding Strategy on Brand Awareness and Purchase Intention: a Literature Review Junaid Khan, Umair Zahid
The Impact of Branding Strategy on Brand Awareness and Purchase Intention: A Literature Review Junaid Khan, Umair Zahid [email protected], University of the West of Scotland, London SE1 6NP, United Kingdom [email protected], University of the West of Scotland, London SE1 6NP, United Kingdom Abstract Branding strategies have evolved as a strategic framework for ensuring brand awareness among consumers. Many practitioners and academics have focused on examining the relationship between branding strategies, brand awareness and consumer purchase intentions. Although brand awareness is found to be the driving force behind purchase intentions, few studies suggested that purchase intentions are predicted by consumer attitude. Therefore, consumer attitude has been examined in this study as a variable that supplements the relationship between brand awareness and consumer purchase intentions through a series of stages as defined in the AIDA (Awareness, Interest, Desire and Action) model, which has further been interpreted as AI(A)D(P)A model for this study. The additional A and P presents the attitude and purchase intentions which substitute the interest and desire respectively. Grounded in the theoretical analysis, this study analysed the impact of branding strategies on brand awareness and purchase intention within the luxury garments industry of Pakistani by specifically targeting youth. The recommendations for future studies have also been presented in this study. Published by IJRP.ORG. Selection and/or peer-review under responsibility of International Journal of Research Publications (IJRP.ORG) Keywords: Branding, Strategy, Brand Awareness, Consumer attitude, AIDA, Purchase intention, Youth, Luxury garments 1. Introduction Branding has evolved as a strategic view point which focuses on creating customer value.