Differences between Marketing and Advertising
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. The most popular one is of course television
although advertising on internet is becoming increasingly popular too.
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. 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.
Subscribe to:
Post Comments
(
Atom
)
No comments