Define Advertising. Discuss the importance of advertising.
Answers
advertising is any form of paid non-personal presentation of Ideas goods and services for the purpose of including people to buy
importance of advertising 1)exchanging customer satisfaction and confidence 2)helpful in increasing the demand of existing products 3)helpful to increase the market area 4)helpful in generating more employment 5)helpful in the survival of communication media 6)helpful in creating healthy competition 7)helpful in the economic development of the country 8)helpful in improving the standard of living 9)improve quality product 10)knowledge of various product
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Answer:
Advertising means spreading information and quality of goods and service in the market, there activity was done for increase the sale of good or service which was advertised.
Advertising is important in following ways :-
- higher sales volume.
- introduction of new product.
- steady demand.
- goodwill.
- meeting competition.
- employee morale.
- better quality
- lower prices.
- education of consumers.
- economies of scale.