Advertising is only a part of the bigger game called Marketing. Marketing encompasses complete conceptualization of a brand, right from research to designing to advertising to sale. Advertising, on the other hand is a component of the marketing process which is nothing but conveying the message through a variety of mediums which promote the product.
Advertising is one of the most important components of a marketing strategy and also the most expensive. Advertising constitutes sending the message to the public about your company, product or services. It also constitutes ‘behind the scenes’ work, like the process of involving a formation of various strategies and coming up with a right one to target the viewers. This strategizing consists of planning things like placing ads, deciding what media outlet to use, what time, frequency etc. The advertisements are generally placed via mediums like television, snail mail, newspapers, internet, emails, radio, magazines, mobile messaging, flyers, billboards etc. The most popular is of course television, although advertising on internet is becoming increasingly popular too.
The easiest way to differentiate advertising from marketing is to consider marketing as if it were a whole cake. If you cut the cake in pieces, advertising would be one of the pieces of that cake. The other pieces of that cake are market research of the product, product designing, media planning, PR, product pricing, customer satisfaction, customer support, sales and many more. All these components or pieces of cake should work independently but collectively in achieving the bigger goal i.e. sell product and build the company’s reputation in the marketplace.
Marketing is a marathon process involving many tasks that involve hours, sometimes days of research. The research part of marketing takes the longest time to complete, as it involves thoroughly understanding the behavior of people towards a product. Designing the product and developing advertising strategy is also a time consuming process. The only components that take less time are executing the advertisements and sales. Marketing can also be perceived as a medium between consumers and the company.
Many companies often make the mistake of confusing advertising with marketing. They try to appear to be as big as companies like Coke and Pepsi in advertising but they simply ignore the work that goes behind that. A classical example of this is to take a look at the company logo. Many business owners are so hysterical about the logo of their company in their advertisements that they think that it will simply bring in huge sales. But what makes a logo work is none other than the reputation of the company. The logo must have a feeling attached to it and should truly reflect the company’s values.
We should also remember that some companies spend fortunes on advertising, which a new start up business just can’t normally do. Rather than spending unnecessary money on branding your product, one should invest money and time in communicating to the consumers to address the expectations. After building up a reputation and growing a company, you can begin to think up these lavish ideas. Educating the consumers also helps, as it will give them an understanding that you know what your doing and you are the best at what you are doing.
Smart marketers are aggressive in approach rather than passive. They provoke reader’s minds by prompting them to do something, rather than just making them knowledgeable of the product.
Smart marketers also bring home the names, addresses and contact numbers of people who are really interested in hiring your company by employing aggressive marketing. Thus, having a good marketing campaign speaks a lot about a company and their products. Advertising gives that finishing touch to the hard work completed by marketers successfully selling a product.
What Is Marketing And Advertising
Lyna: This is common mistake made by many new as well and experienced business.
Fred: Lets take a look at each of these in details. First- marketing is how you are going to generate leads and attract potential customers and clients.
Lyna: That's right, it also is part of your overall plan for advertising and getting your name and product or service out there.
Fred: Marketing helps us establish a long term relationship with a product. The more we keep something in the front of our minds, the more we check it out and even buy it. For example: when I say coffee whom do you think of?
Lyna: Starbucks definitely know how to get customers to stop and buy a cup of Joe.
Fred: Once you are successful at getting customers in your door, then you move on to sales.
Lyna: Sales is basically getting the customer to reach the buying decision so he will purchase your product.
Fred: One goes with the other. You cant have sales without marketing first and the reason you market is for sales.
Lyna: Lets break it down even further. Marketing consists of of your advertising, public relations, branding your name and product or service.
Fred: Where sales are more personal and generally one on one. This would include networking, cold calling etc.
Lyna: Its like baiting your hook and waiting for them to bite.
Fred: Your marketing success depends on what type of bait you use and how you bait the hook also.
Lyna. And once they bite you need to reel them in carefully so you don't loose them.
Fred: Then once you land them you have to be careful how you take them off the hook so they will come back another day.
Lyna: Your marketing program is all about warming up your potential customers and getting them interested in finding out more.
Fred: I like that- warm up your customers with marketing so it wont be a cold call when you sell your product to them.
Lyna: Marketing is about making relationships with future clients successful. The more people get to know and trust you and your product, the more sales youll make.
Fred: You want to sell more products? Remember, its all in your marketing.
Both T. Detty & Fred Hueston are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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