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Exercises · Q11

Q.Discuss the role of advertising in today's world.

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In the modern world advertising has grown from a mere aid to selling into a powerful force touching business, the consumer, the media and society. Markets are vast and scattered and products many, so the buyer must be reached quickly and repeatedly — conditions in which advertising has become almost a necessity.

For business:

  • It makes mass marketing possible, carrying the seller's message to millions who could never be met in person.
  • It supports mass production by assuring the large, steady demand on which low-cost manufacture depends.
  • It launches new products rapidly and builds strong brands commanding loyalty.
  • It strengthens competition, letting new and small firms announce themselves.

For the consumer:

  • It informs and educates, helping buyers know, compare and choose.
  • It raises the standard of living by spreading knowledge of new and better products.
  • Through digital media it offers two-way communication — the buyer can respond and interact.

For the media and society:

  • Advertising revenue sustains newspapers, magazines, television and free internet services, often keeping their price low.
  • Public-service advertising spreads socially useful messages on health, literacy, the environment and safety. …

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