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Advertising In Today’s Competitive Market!
Advertising has become mandatory for any type of brand or business in the market. Advertising is not limited to brands alone. Businesses, services, events and even festivals are advertised among target groups in order to generate awareness among them. In this blog, let us take a look at how advertising fits itself in today’s competitive market. Keep reading.
The world is changing at a fast pace. Things are not the way they used to be. Most of the activities that filled our days have nearly changed and it is obvious that we become nostalgic remembering those activities that happened just a few years ago from now. Technology is growing at an unimaginable pace. Amid all these changes, the world of advertisingis not the same. Today, the relevance of traditional mediums and measures are gradually fading away. New means and tactics of promotion are in, old ways are almost out. A swift change in the mediums of advertising has also brought about a new wave in marketing world. Advertising in today’s competitive market has therefore become quite a task.
Technology ...
... has garnered various advertising activities on one hand all the way encouraging more advertisers to try out the latest tools and techniques.
One of the observed trends in today’s advertising world is the dramatic increase in the use of customized channels of communication such as internet and mobile media. Television advertising , Radio Advertising or print advertising practices are still carried on. However, internet and mobile phones are fast emerging as two customized or personalized mediums to reach out to customers within a short time period. The cost of advertising on internet or mobile is comparatively lesser as compared to television advertising, radio advertising or outdoor advertising. Thus a large chunk of the promotional activities of a brand or business is occupied by these two mediums of advertising.
Budding brands have made the most of internet medium to communicate effectively with target groups. The digital revolution is poised to continue further. It would be quite an interesting observation for media researchers.
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