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

Concentration approach for selecting target markets, What is Concentration ...

What is Concentration Approach for selecting target markets? Concentration Approach: As an organization directs its marketing efforts in the direction of a single market

International marketing logistics, difference between heavy lift surcharge ...

difference between heavy lift surcharge and long lift surcharge

Evaluate oranges approach to implementing rm and crm, Question 1: Why a...

Question 1: Why are relationship marketing (RM) and specifically customer relationship management (CRM) appropriate for Orange in managing its marketing efforts? Question

How can the life of a product be conceptually analyses, Problem: After ...

Problem: After introducing a new product, management wants the product to enjoy a long and happy life. (a) How can the ‘life' of a product be conceptually analyses? (b) H

Importance of the positioning, Importance of the positioning or why positio...

Importance of the positioning or why positioning: 1.       To create a distinctive place of a product or service in the minds of potential customers. 2.       To provide a c

Check, Explain the involving marketing tourism using diagram

Explain the involving marketing tourism using diagram

A assignment, rs. 50 a vibrant nail paint 10 ml

rs. 50 a vibrant nail paint 10 ml

Matlab help, [X,D] = eig(A) given X and D find A

[X,D] = eig(A) given X and D find A

Market penetration of FMCG and regional products in rural, meaning of regio...

meaning of regional products or definition of regional products

Market positioning errors, Positioning Errors Kotler says that the firm...

Positioning Errors Kotler says that the firm should avoid four major positioning errors, namely: Under positioning: this occurs when the buyers know much less about the br

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