Exercises · Q11
Q.Discuss the role of advertising in today's world.
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Start your 14-day free trial to unlock the full solution →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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