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Advertising Final
The Fall of Advertising:Part 1
31
Business
Undergraduate 4
12/09/2008

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Term
The goal of traditional advertising is not to make the product famous. The goal of traditional advertising is to make the advertising famous.
Definition
Instead of creating sales value traditional advertising creates talk value.
Term
today clients seldom trust their ad agencies to help them make all-important strategic decisions
Definition
Term
Product development, strategic planning,R&D, financial strategies are more important than advertising to a companies success
Definition
Term
The weakest link in any advertising program is its credibility
Definition
Term
After WWII advertising was the rising star in corporate America
Definition
Term
Two trends in advertising rates in all media
Definition
1. Increasing volume, which reduces
effectiveness
2. Increasing costs, which reduces efficiency
Term
The higher price and lower levels of effectiveness have not reduced the volume of advertising
Definition
Term
America currently accounts for 44% of the world's total advertising expenditures
Definition
Term
As a result of the volume and variety (of advertisements), we tend to tune advertising messages out
Definition
Term
The average consumer feels that he or she already knows enough about brands in order to decide which brand to buy.
Definition
Term
There is more advertising today than ever, both in total volume and in per-capita volume
Definition
Term
To be effective advertising doesnt need creativity. it needs credibility.
Definition
Term
A line extension will almost never overtake a new brand that achieved some publicty momentum
Definition
Term
Advertising has lost its communication function and has become art
Definition
Term
Advertising has lost its communication function and has become art
Definition
Term
if a brand is an old brand that is no longer relevenant must be treated like a new brand whenbeing reintroded to market
Definition
new brands need PR
establshed brands need advertising
Term
Advertising has no connection to sales
Definition
Term
the real function of advertising is to create "talk value"
Definition
Term
generic advertising slogans are generally associated with No.1 brands
Definition
Term
One of the primary objectives of an advertising program is to increase brand awareness.
Definition
Term
Attention without motivation is a useless attribute.
Definition
When advertising is all attention and no motivation , nothing much is accomplished
Term
Advertising has 2 strikes against it...
1. Advertising has no credibility
2.A brand that no one has ever heard of has no credibility either
How does PR solve these problems?
Definition
1.The message has credibility b/c it comes from a presumably unbaised source
2. You expect the media to tell you about things you've never heard of.
Term
Advertising icons seldom cause brands to become famous.
Definition
Brands cause ad icons to become famous
Term
Ads for brands on the end of the the brand awareness spectrum are all attention and no message
Definition
All attention and no message is the hallmark of "creative advertising"
Term
What is the "parity product" argument?
Definition
In mature catagories, such as beer, autombiles, and athletic shoes, goes he thinking, all brands are the same. Traditionally, advertising has aimed not to inform, but to entertain.
Term
Marketing doesn't deal with products,it deals with perceptions.
Definition
Term
PR is a more effective way to deal with consumer perceptions than advertising
Definition
Term
No matter what the marketing problem is, the answer is always "more advertising"... true or false
Definition
FALSE
Term
To run a successful advertising or PR program,you have to create more than talk value. You have to deal with the nasty perceptions in the prospects' minds
Definition
Term
Perception is everything. The only question is how to create a favorable perception in the consumers' mind. Advertising has failed in this respect
Definition
Term
More often than not,big ad budgets are associated with companies with big problems.
Definition
Supporting users have an ad free experience!