Question

Impact of advertisement on industry?​

Answer 1

Advertising helps increase value for the products by showing the positive image of the product which in turn helps convincing customers to buy it. Advertising educates consumers about the uses of the products hence increasing its value in minds of the consumers.

Answer 2

The impacts of an advertisement on the industry are mentioned below-

1. Advertisements are one of the important tools to diversify the boundaries of a particular industry by enhancing the sells. Advertisements are known for spreading the goodwill of a particular company.

2. Advertisements mark the presence of a company in a competitive market. It informs and attracts new customers to its products.

3. Advertisements are informative and can be descriptive towards new buyers.

4. Advertisements are designed to suit the target group of buyers and can boost up sales.

5. All over, advertisements have a modifying and transforming effect that leads to the enlargement of the companies and industries. It leads to a prominent position of a brand.