When people fail to practice “a rigorous respect for the moral, cultural and spiritual
requirements, based on the dignity of the person and on the proper identity of each
community, beginning with the family and religious societies,” then
even material
abundance and the conveniences that technology makes available “will prove
unsatisfying and in the end contemptible.”
Significance Of Advertising
Advertising helps in spreading information about the advertising firm, its products,
qualities and place of availability of its products, and so on. It helps to create a non-
personal link between the advertiser and the receiver of the message. The
significance of advertising has increased in the modern era
of large scale production
and tough competition in the market. Advertising is needed not only by the
manufacturers and traders but also for the customers and the society. The benefits
of advertising to different parties are discussed in the following paragraphs.
Benefits to Manufacturers and Traders
It pays to advertise. Advertising has become indispensable for the manufacturers
and distributors because of the following advantages:
-
Advertising helps in introducing new products. A business enterprise
can introduce
itself and its products to the public through advertising.
-
It can create new taste among the public and stimulate them to purchase the new
product through effective advertisement.
-
Advertising assists to increase the sale of existing products by entering into new
markets and attracting new customers.
-
Advertising helps create steady demand of the products. For in-stance, a drink
may be advertised ‘during summer as a product necessary
to fight tiredness
caused by heat and during winter as an essential thing to resist cold.
-
Advertising help in meeting the forces of competition in the market-place. If a
product is not advertised continuously, the competitors may snatch its market
through increased advertisements. Therefore, in certain cases, advertising is a
necessity to remain in the market and remind the customer
as done by soft drink
companies.
-
Advertising is used to increase the goodwill of firm by promising good quality to
the customers.
-
Advertisements increase the morale of the employees of the firm. The salesmen
feel happier because their task becomes easier if the product is advertised and
known
to the public
-
Advertising facilitates direct distribution of the product through the retailers.
Retailers are encouraged to purchase and sell the advertised products.
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