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(e) By increased sales production cost and price per unit come
down.
(f) Provides competitive edge over the other competitors in
business.
(g) Helps in building brand image.
(h) It encourages new product development, innovation and
reduces risks.
(i) Overall, contributes in development of the business.
In developing an advertising programme the major decision areas
are: mission, message,media, money, and measuring
effectiveness. These areas are starting with alphabet M, so these
are called 5Ms of advertising. For effective advertising campaign
proper care should be there on every aspect. For the study
purpose, media is our selected topic. Media is defined as the mix
of media that carry the advertisers message to the target
audience and forms an important link between the firms and
customers. There are different media available in the market like
print, electronic and outdoor. Out of many media available and
their unique features, the task of media planner has become
difficult and risky. For effective advertising programme in present
situation the need for strategic media planning is strongly felt.
The media planning is a process of designing a course of action
that shows how advertising time and space will be used to
contribute to achievement of marketing objectives. Media
Planning covers media objectives, selection of media, scheduling
of media, budgeting and coordination.
5. Expected Contribution
From the research study of this topic it is expected that it would
clarify are related concepts marketing, marketing mix, promotion,
advertising and related aspects. It would be helpful for 5 effective
communication to the targets for the companies. If the
suggestions implemented by the companies, would be fruitful in
improving advertising effectiveness in business. Further it would
be useful for the practitioners, academicians, research scholars
whoever would refer
this research report for their related purpose. High contribution is
expected from this sincere research work in future.
The PhD research study has been carried out within the time
frame permitted meticulously. Within period of two years it has
been completed and ready for submission.
(g) Statistical Tool and Data Analysis
Data have been analysed and tested with the help of tables,
charts, diagrams, percentage, and chi- square test has been used.
(h) Hypothesis
In the research study the following hypothesis will be used.
(i) Null Hypothesis
There is no need for advertising for promotion of business in
present competitive situation.
There is no significant impact of effective advertising and media
planning in achieving the advertising objectives.
(ii) Alternative Hypotheses
There is need for advertising for promotion of business in
present competitive situation.
There is significant impact of effective advertising and media
planning in achieving the advertising objectives
The chi square test interprets that for customers there exists a
great difference in the point on which the advertisement is made
and in the type of message for different customers. There is no
difference in the types of schedule of media planners in strategic
planning and different factors are considered by them in choosing
the medium of advertising. There is different opinion about the
tasks of the advertisement manager which depend upon the type
of advertisements and type of customers. Hence according the
above research and testing the data using chi square it is
concluded that the null hypothesis is rejected and hence there is
need for advertising for promotion of business in present
competitive situation and there is significant impact of effective
advertising and media planning in achieving the advertising
objectives. Therefore, alternative hypotheses have been
accepted.
(I) Limitations
As it was anticipated, during research work following limitations
were faced:
Non availability of contacts and persons themselves for study at
decided time.
Distance involved
Inadequate response from respondents
Hesitation in sharing information
Avoided to give appointment for interview
Non availability of secondary data from records
Time, cost and locations were difficulties
Sample size may be less representative of whole universe.
To overcome the expected difficulties and to complete the study,
sincere and timely efforts have been put. 9
Demerit &Suggestion:
7. In print media adverting copy attracts customers. To do so
further more attention should be given on shape, size, body and
headings, colour and composition etc.
8. Readers read newspapers mainly in morning and evening in a
day. Media planners should focus on morning and evening both
edition of the newspapers to reach to more readers with
messages.
9. Television and radio are used by customers in evening and
night. The planner should select schedule in these hours to
communicate to more viewers/listeners.
10. Short advertisements on TV and radio, lengthy advertisement
should be given in newspapers and magazines.
CHAPTER 4: BIBLIOGRAPHY
Reference Books
Marketing Research
1. Beri G.C, Marketing Research, 4th Edtion, 2008, TMH, New
Delhi.
2. Boyd, Harper W. Junior, Westfall, Ralph and Stasch, Marketing
Research Text andCases, Richard D. Irwin Inc, Homewood, Illinois.
Etc
Advertising and Sales Promotion
1. Arens Willam F, Contemporary Advertising, 10th Edition, 2008,
TMH, New Delhi.
2. Batra, Myers & Aaker, Advertising Management, 1st Edition,
2006, PHI, New Delhi.
Etc
Research Methodology
1. Bhattacharyya, Research Methodology, 2nd Edition, 2006, Excel
Books, New Delhi.
2. Donald R Cooper and Pamela S Schindler, Business Research
Methods, Tata MacGraw Hill, 2007, New Delhi. Etc
Marketing Management
1. Appannaiah, Reddy & Ramanath, BBM Marketing Management,
1st Edition, 2006,Himalaya Pub, Mumbai.
2. Bose Biplab S, handbook of Marketing Management, 1st
Edition, 1998, Himalaya Pub,Mumbai.Etc
Indian Economy