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Advertising Strategy

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An advertising strategy would be bbasically the formulation of a message that communicates to the market the benefits or problem solution characteristics of the product or service. The supplier is trying to convey through their advertising and state in their strategy is what their store offers to meet the consumer's need; how the product has more beneficial characteristics than the competition's; and what the beneficial characteristics are. The first step in formulating an advertising strategy is to determine the product or service one have to offer to the marketplace and the objective of the supplier. The aim of the advertisement has to be stated an advertisement has three goals mainly. First of all an advertisement is created to inform the consumers about a company and its products or services. Once the customers have been informed the next aim is to attract customers to stimulate sale. A customer comes to know about you, buy your product or service. Now it is obvious that you want that customer to get back to you. For achieving this purpose you need to remind them over and again about the value they have got with your product or service and this is the third aim of an ad. The product or service has to be defined, and target markets are also identified. The next step in advertising is taking the strategy developed and developing a budget for it. The advertising Medium also has to be chosen. There are a number of mediums through which one can transmit their message to the customers. Identify the medium the target audience is exposed to. It can be newspaper ads, magazines ads or radio ads, TV ads, Internet ads, banner ads, direct mail and so on. Instead of going for a particular medium one can go for multiple mediums since no one concentrate on a single medium these

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