Distribution
Distribution refers to the process of storing and moving products to customers, often through intermediaries such as wholesalers and retailers.
Advertising
It refers to publishing a product in order to create, maintain or expand its market. It is a written or visual presentation of the product.
Purpose of Advertising
The main purpose of advertising is to increase demand for the advertised product. It also helps the firm to;
- give information to customers
- create a goodwill
- encourage and help intermediaries
Advantages of Advertising
- It increases sales
- It stimulates production
- It increases employment opportunities
- It helps consumers
- It ensures better quality of goods
- It creates goodwill
Types of Advertisement
1.Persuasive Advertisement
It encourages people to purchase a particular brand of products. It is aimed at capturing the market of its substitute products. Most advertisements are of this nature. Examples; Coca Cola, Dhiraagu, Anchor Milk etc.
2.Informative Advertisement
It is designed to give information which is of benefit to the firm, consumers or the government. Examples; Availability of Sugar from a shop, Changes in income tax rates, the danger of smoking cigarettes etc.
Media of Advertisement
1. Television
- It is the most effective media of advertising
- It shows both message and pictures
- It reaches several million people
- It is very expensive
2. Radio
- It entertain people through music, dialogue, songs and interviews
- It reaches most homes in the country
- It is less expensive
- It gives only sound
3. News papers and Magazines
- It is less expensive
- Advertisement can be kept by the reader for future reference
- It is not suitable for timely advertisements
4. Posters, painted displays and electric signs
- It is very effective when located in a suitable place
- It is relatively cheap
- It is powerful enough to stimulate immediate action
5. Circulars
- It is a document which circulates the advertisement
- It reaches several hands
- It can be kept for future reference
6. Exhibition
- It brings immediate effect
- It is relatively cheap
7. Own fleet displays
- It is a free advertisement
- It moves and reaches several customers