Advertising and creation of utility, Marketing Management

Assignment Help:

Q. Advertising and Creation of Utility?

Advertising creates place, time and perception utility. In case seasonal products it creates time usefulness by creating demand even in off season period. It creates place usefulness by creating demand even in those market areas where the product not earlier sold. It creates perception usefulness by making positive image of the product in the mind of the audience. Critics argue that advertising isn't a productive activity so it isn't creating any utility. However this argument is baseless as advertising is a service activity and creates utility by providing services to different sections of society viz:- distributors, manufacturers, salesmen etc.


Related Discussions:- Advertising and creation of utility

Target marketing, A Chennai based soft –drink company has proposed to launc...

A Chennai based soft –drink company has proposed to launch a new variant of Soft-drink in three flavours lemon , rose , and orange priced at Rs.6 /- ,Rs.7/- Rs.8 /- in 300ml bottl

SALES AND DISTRIBUTION MANAGEMENT, Out of the following which gap arise whe...

Out of the following which gap arise when the sales force does not have the required knowledge, skills or capabilities to become successful on the Job. a. Knowledge gap b. Capabili

Why it is important for the firm to introduce new products, QUESTION Yo...

QUESTION You work as an Assistant in the Product Planning Division of Gillette Co Ltd. You have been asked by your Manager to write a report, using examples from the company's

What is of price bundling, What is of Price Bundling? Price Bundling:...

What is of Price Bundling? Price Bundling: If the products are associated but are non-substitutes that are complementary or independent one strategic alternative for the

Product mix, product mix of the lg company

product mix of the lg company

Illustrate the overview of trade advertisement, Illustrate the overview of ...

Illustrate the overview of Trade Advertisement? Trade Advertisement: • Advertisement addressed to wholesalers, • Advertisement addressed to distributors, agents, •

Marketing management philosophies, Marketing management philosophies 1...

Marketing management philosophies 1.      The production concept: The production concept holds that consumers will favour products that are available and highly affordable;

What are the advantages of joint ventures, What are the advantages of joint...

What are the advantages of joint ventures? Joint ventures provide the following advantages, which are given below: • Sharing of risk and capability to combine the local in-d

Level of the market segmentation, Level of the market segmentation 1. ...

Level of the market segmentation 1.       Segment marketing: a market segment consists of a large identifiable group within a market with similar wants, purchasing power, g

Types of advertising involved in distribution channels, How many types of a...

How many types of advertising are involved in distribution channels? Types of advertisement in distribution channels are as follows: Consumer Advertisement, Business-to-Busi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd