Advertising is a crucial element of
every business organization, whether it is small or large scale. Because
advertisement brings a major part of profit and brand image to the firm. Most
of the large scale organization may have an advertisement wing. They take care
the advertisement activities. If the ad works needs specialization they go for outsourcing. But for
a small scale business firm may always have to go for external parties for
their advertisement operations. This is mainly due to low financial position
and inadequate availability of specialized people
in the organizations. An advertisement agency is a separate or independent
organization that takes care of advertisement on the behalf of companies.
Advantages of going for an ad agency are; A firm advertise with
the help of an ad agency can concentrate to its production operation and
increase its efficiency . The agency will serve best output with the market
update information and technology and financially poor firms get advantage
of less cost and good return . Different media an advertisement agency focus are
print (Print media covers newspapers, magazines and other written materials. ),
visual (media: Visual media mainly involves television and movie theaters.
The advertiser focuses to make ad campaign in the prime time of this media. ),
audio based (media mainly based on radios. ), internet
(comes as advertisement in websites or blogs).
Functions of Ad Agency
The first function comes
the preparation of advertisement s. An ad agency takes care
all the activities of an advertisement program once the order and allocation of
funds is done by the firm. One of the important area where the ad agency
concentrates on making of ad copies and films which will include A to Z matters
of products and services. The ad agency buys Ad spaces
for its client too. The major
function of ad agency is buying the spaces of different media. For a newspaper
it is difficult to get the cover page which is expensive and busy one. Ad agency may have direct
contact with media where they can easily purchase ad space and bargain for the
economical price for it.
Ad agency helps in selection of Media . An advertisement which
is concentrated to readers or researchers cannot be placed in an entertainment
media like television or movie theaters. It should be reached through magazines or
newspapers. The marketer should identify who are his target viewers. The ad
agency helps the marketer assigning correct media. It
also takes the advertisement researches too. An advertisement once displayed does not matter if it has made any
impact over the target viewers. There should be a continuous research and
feedback system for measuring the efficiency of advertisement. This covers the
efficiency of ad copy, time of advertisement, duration, area covered and media.
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