Know The Differences Between Marketing And Advertising?
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Marketing and Advertising, although they sound similar but in reality they are
not. 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 variety of mediums to promote the
product.
Advertising is one of the most important component of a marketing strategy and
also the most expensive. Advertising constitutes sending the message across the
public about your company, product or services.
It also constitutes behind the scenes work like the process involving formation
of various strategies and coming up with a right one to target the viewers. The
strategy consists of planning things like placing ads, deciding what media 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.
Easiest way to differentiate advertising from marketing is to consider marketing
as a cake and if you cut the cake, advertising as one of the pieces of that
cake. The other pieces of 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 company’s
reputation in the market. Marketing is a marathon process involving many tasks
that involve hours sometimes days of research.
The research part of marketing takes the longest duration 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.
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Only components that take less time are executing advertisements and sales.
Marketing can also be perceived as a medium between consumers and the company.
But many companies often make mistake of confusing advertising with marketing.
They try to ape big companies like Coke and Pepsi in advertising but they simply
ignore the work that goes behind that.
The classical example of this is, take the case of logo for instance. Many
business owners are so hysterical about the logo of their company in their
advertisements that they think that it will simply bring in the sales. But what
makes a logo works is none other than the reputation of the company and the logo
must have a feeling to it and should truly reflect company’s values.
One should also remember that these companies spend fortunes on advertising
which a new start up business can’t. Rather than spending unnecessary money on
branding your product one should invest money and time in communicating to the
consumers that they can address their expectations.
After building reputation and growing to a big size company one can think of
these lavish ideas. Educating the consumers also helps as it will give them an
understanding that you know what you do and are best at doing that.
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 the company and their
products and advertising gives that finishing touch to the hard work done by the
marketing people in selling a product.
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