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Shvoong Home>Business & Finance>Advertising and Promoting a Product in the Market Review

Advertising and Promoting a Product in the Market

Personal Experience Review   by:brushandstroke    
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The sales of product in the market depends upon advertising which is one of the factors that boosts the sales of the product in the market.  Advertising can be in the form of print advertising, banner advertising, advertising on Television, radio advertising and of course advertisement on Internet.  Over the last several years internet has emerged as a strong and successful platform for advertising a product by using different ways and methods to attract the attention of the customers. There are various ways to capture the thought process, which runs in the minds of the customers, and it is done on a regular basis through the medium of advertising.  The purpose of running an advertising campaign is to generate the interest of new customers into the product, and to sustain the interest of regular customers in the product, so that there mind remains focused on the brand name and image of the product.

Thus the advertisement of the same product can be seen simultaneously at many different places.  Cadbury's advertisement can be seen during the late evening hours when different soap opera are broadcasted.  Then on switching on the laptop to check the emails received during the day, the advertisement of Cadbury can be seen again, but of course, this time the form of advertisement i.e. size of advertisement is small, it looks like a teaser and the medium is different, here internet playing an important role.  At weekend while going through the shopping mall the same advertisement of Cadbury can be seen highlighted in big posters and banners, giving more prominence to brand name, the product name and in order to attract the customer's attention, theme of the advertisement also been a part of the poster, which also gets highlighted.

Different brand names, different products and different ways of promoting the product.

When Sunfeast biscuits were initially launched, there was an aggressive advertisement campaign that was been done for the Sunfeast biscuits by putting stalls at different places, where maximum number of customers come regularly, like for instance there was a stall of Sunfeast biscuit at an exhibition which was been held on a ground, where there were number of different stalls and at the end when the customers are about to leave the exhibition there are different food stalls and refreshment stalls.  Amongst the various different stalls in the exhibition, one stall was that of Sunfeast biscuits and there were sizable number of customers, who were keen and eager to know more about Sunfeast biscuists and some were even purchasing the biscuists.  A few days later the same stall was seen at a shopping mall and now the number of customers were more than before.  The reason being advertisements of Sunfeast biscuists been shown on TV.  Later on Shah Rukh was roped in for the advertisement of Sunfeast biscuists and now Sunfeast is a known to a large number of customers.  Thus initially for any brandname it is important to gauge and know the customer's reaction, their opinion and views, and then slowly introducing the product in the market for the customers on a regular basis.

So advertising here also plays a major role, banners and dangles must be attractive at the time of initial launch of the product.

While advertising on the internet there are many customers, who visit the Cybercafe and obviously they also comes across the advertisements.  So there are different ways to grab the attention of these customers.  Many times prominent websites like MSN, Yahoo and other big names related to websites are roped in and then there is a different format which is used to make sure that the customers make a note of the advertisement and pay attention to the product details.  Like for instance there is a Contest which is been conducted wherein the customer will have to fill in the small form which requires his Full Name, mobile number, Address and email ID.  Once these details are filled in the customer has to make sure that he has given the correct answer to the question and then submit the form.  This is where Cybercafe customers are concerned.

Many a times during movies and during cricket matches there are online contests, which are conducted where the customer has to select the right answer by clicking on one of the four different options provided to him i.e. A, B,C and D and then SMS the right answer on the given mobile number.  There are mobile compaines who have conducted these kind of contests, recently MicroMax has done this contest during cricket matches.

Thus customers are always there, each individual customer has his own purchasing capacity, but when it comes to decision making by the customer with respect to brand names many times advertising plays an important factor in the process of purchasing the product.  This happens at the time when the customer makes a final decision.

Many brand names re-launch their products in the market depending upon the previous reaction received and upon the fact that what were the additional features that were required in the product because of which sales dropped.

It is important that the customer knows about different brand names irrespective of the fact, which product, he buys at the end of the day.  This is where advertising and promoting a product in the market plays a dominant role.

Published: April 26, 2010   
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  1. 1. sandeep deshwal

    about

    thnx

    1 Rating Friday, May 09, 2014
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