Showing posts with label Introduction to business. Show all posts
Showing posts with label Introduction to business. Show all posts

Sunday, October 13, 2013

Advertising Techniques and Examples

In recent years, the amount of money spent on advertising has reached staggering figures with amounts surpassing 500 billion dollars being thrown about. And that is a conservative estimate. The effectiveness of the various ad campaigns launched using the money spent is not as well documented, but for sure, there would have been many ads that fell way short of what they were intended to do; capture the imagination of the public and persuade them to spend on the brand or product advertised. Using different methods of advertising for creating advertisements that have recall for many years is difficult but not impossible. In this article we list out techniques and examples of ads using these techniques that will help you understand how you can raise the bar for the field of advertising.

Methods and Examples of Advertising

Create Characters: One of the best methods in modern advertising that you can employ in order to have an effect on the consumer's mind is to create a character that will become synonymous with the brand that you are promoting. This is a great idea, but in order to ensure that character brings about brand recall, you need to have the character as your brand mascot for a long time. It needs to register with your target audience. The Michelin Man or Bibendum, which is its actual name, has been the company mascot for Michelin tires for more than a hundred years now, first introduced in 1894. Today, it is synonymous with the brand in more than 150 countries worldwide.

Buzz Marketing: For the longest time, buzz marketing or word-of-mouth marketing was not given its due credit and was not recognized as an effective advertising technique. Today it is widely heralded as one of the best advertising methods and examples of the same are oft repeated as good ways to improve sales. Web campaigns for both Hotmail and Blair Witch Project are often cited as some good examples of buzz marketing. In 2008, before the movie Cloverfield was released, the teaser of the film was released not with its name but its date of release. This created a huge buzz in the market.

Celeb Power: One of the most overused and common advertising strategies that exists, signing on a celebrity to promote your product is sometimes seen as an easy way out due to the huge pull that celebs enjoy over their fans. In such a scenario it becomes important that the advertising agency in charge of the campaign manages to come up with an idea that uses a celebrity in a novel manner. One of the best examples of celebs used to promote a brand, according to me, till date remains the Genworth Financial advertisement when it was launched as an offshoot of GE Financial. The commercial showed a young boy beating Taylor Dent at a game of tennis. In the last few frames of the ad, it is revealed that the boy is the son of tennis greats, Andre Aggasi and Steffi Graf. What clinches the deal for Genworth Financial is the tag-line, "The right genes make all the difference." This remains, to me, one of the examples of advertising techniques that generally does not reach it full potential.

Exaggeration: Exaggerating products and their uses is another good advertising technique and an example of the technique can explain how this works in the favor of the advertiser. Even the most exaggerated, ludicrous extremes sometimes can capture the attention of the audience and appeal to them. For this advertising technique to work, it is important that the viewer realizes that there are elements of exaggeration in the ad. M&M somehow manages to use elements of exaggeration very well in their ads including the recent one, where a man tossing candies into his mouth is being clocked by a large M&M candy.

Shocking the Viewer: An effective method of advertising, shocking viewers gets them more interested in the product because it causes a shift in their comfort zone. Vehicles being maneuvered around difficult terrain and pretty models pouting their lips in cosmetic ads is sooner or later going to bore the viewer. Benetton has been praised for effectively using this type of advertising technique and instances of their advertising are often used to teach advertising students. While their advertisements are often criticized for their shock value, they have also been praised for increasing awareness of many issues. One of their most brilliant advertisements was of an Afro-American woman nursing a Caucasian baby which was celebrated as an image of racial diversity. The same ad though was criticized for being comparative at periods of slavery when African women were kept as caretakers for White children.

Use of Metaphor: Metaphorical ads work very well as long as you are working with creative advertising ideas>. Comparison of products with other items and placing them in situations that cannot be thought of under normal conditions can work very well for a viewer. An ad that was praised for the way it used metaphor was the ad for Spontex which is well-known brand of sponge. The ad that they created showed an African woman carrying a super-absorbent sponge manufactured by Spontex, instead of a bucket to carry water.

Emotional Appeal: One of the best examples to learn from are those ads that use emotions to tug at the heart strings of viewers. Many organizations that work with social causes use this technique effectively to spread the message about the issue at hand. RSPCA uses this technique very effectively. Their print ad which has animals like horses and dogs shedding their battered skin for a healthy coat with a tag line that says, "Help neglected animals leave their old lives behind," works very well on almost everyone who is slightly emotional by nature.

Saturday, October 12, 2013

How to Choose the Best Email Marketing Software

Choose According To Your Needs
Many email marketing software, known as integrated software, can work in integration with your current CRM system, which can be expensive than the standalone software. It is for you to decide whether you need a standalone or integrated system, depending on your needs.


The need to reach out to people, while you are running your business, is given the utmost priority. In management studies, marketing is seen as the key to success, as it provides various options to get noticed. It is only when a firm gets noticed will it get business. In today's age, a large chunk of marketing is done via the Internet. With the widespread reach of Internet, it is easier to reach out to the maximum number of people, in no time. Emails, advertisements, SMS, digital banners, etc., are some of the most common marketing strategies that are used.

Email marketing, as the name suggests, is the marketing strategy that uses the medium of email to reach out to customers. The current customer base or the sold lists are referred, for obtaining email addresses of customers. In case you wish to do the marketing yourself, instead of hiring a third-party, you will need reliable marketing software that can perform the task in minutes, and help fetch you business.
How to choose the best email marketing software

8 Factors to Consider


Evaluate Need

There are hundreds of email marketing software that are available, and each one of them has its own specialization. Few software can get email addresses, manage emails, send them, and also analyze responses after a stipulated time period. It is for you to decide whether you need the software to perform all these tasks, or a single one. Carefully research the features of the software, and then narrow down on any one of them.
Upgrades

Computer and Internet technology is constantly changing. If the software that you have currently chosen doesn't adhere to this changing process, your software may soon become outdated. This can adversely effect your business. Thus, it is necessary to have a software that upgrades itself on a regular basis.

Ease of Use

The software that you choose will be used by many employees of your firm. If using the software needs expertise, its likelihood of being used will reduce. Thus, the ease of using the software plays a vital role in choosing the software. It should have a simple user interface, and an easy troubleshooting or help option.
Features

The email marketing software are created to give end-to-end marketing solutions. From the import of contact lists to sending the email, all the tasks should be performed by the software. The software should be able to detect repeated addresses. Also, many software allow you to tag address depending on the geographic area, so that demographic-specific emails can be sent. However, as I mentioned earlier, it is advisable to evaluate your feature-related needs before zeroing-in on any software.

Cost

Though all the other factors matter, it eventually boils down to the cost. When you have started a business, the funds allocation for the marketing campaign is not huge. Thus, it is necessary to consider the cost-effectiveness of the software before buying it.

Help and Support

Once you have bought the software, there are bound to be glitches in its usage. Your problems need to be solved on timely basis by the software-making company. A representative from the firm should be present for help, and also features like live chat should be available. Consult with the existing or past customers of these firms to find out about their after-sales support.

Integrating with Social Media

Social media is the newest hangout place, and often potential customers are found on this platform. Thus, it is wise to tap this sector for marketing purposes. There are many software available in the market which can integrate emails with social media like Facebook, Twitter, Google+, etc. This integration will definitely fetch you more customers due to the social media website's user base.

Report Creation

The need to get an email marketing software is to make people aware of your product through an email. It is only when you know how the campaign is going, that you can make amendments to it. The software should provide you all the graphs and charts regarding the subscription to the email, unsubscribing information, how many people actually open the email, how many emails reach the intended customer, etc.


You will find a lot of email marketing software reviews online, read each of them carefully by keeping the said factors in mind. By using such software, you will be able to grow your business in the digital marketplace as well.



Monday, June 10, 2013

Social Responsibility of Business !

There are two approaches regarding the social responsibility :

  1. The Traditional Corporation model 
  2. Metro-Corporation Model
The Traditional Corporation model :
  • Under The Traditional Corporation model the business are not responsible for the social problems like cleaning , pollution, sewage, water supply etc they thinks that business are only established to earn profit at any cost, more over they believe that these are the responsibilities of Government not the businesses.
  • Share holders are king 
  • The corporations aim is to maximize profit
  • have no social responsibilities 
  • unions are responsible for the laborers welfare instead of business 
  • Corporations have nothing to give they only have to gain 
Metro-Corporation Model :
  • They have totally opposite thought They supports that all social problems are due to the business.
  • They are the social institutions hence responsible serve the society.
  • Their aim is not to make profit 
  • They have social , welfare and 
  • charitable responsibilities.
  • They have same rights and duties as a citizen have.

A newly emerged approach called Country club Corporation, it says that business should have a 50/50 role in society should provide social benefits and not only concentrate in making profit  

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