it is a firm that------ 1. creates new promotional ideas 2. designs print, radio, television &...
TRANSCRIPT
ADVERTISING AGENCY
WHAT IS ADVERTISING AGENCY
It is a firm that------1. Creates new promotional ideas2. Designs print, radio, television &
internet advertisements3. Books advertisement space & time4. Plans & conducts ad campaigns5. Conducts research & surveys
DEFINITION
It is an independent organization that provides one or more specialized advertising & promotion related services to assist companies in developing , preparing, & executing their advertising & other promotion programs
An ad agency is a service provider that works for clients to create an effective & goal oriented advertising campaign aimed at representing the company positively in the eyes of its target customers
PRIMARY FUNCTIONS
develop an advertising plan prepare a creative strategy create advertising executions develop and implement a media plan handle billing and payments
TYPES OF AD AGENCY
Full Service Agency:• As the name suggests, it provides a whole range of
services to clients, both advertising & non-advertising
• A full service agency is composed of the following functional areas----
• 1. Account Management• 2. Creative• 3. Media Planning • 4. Finance & Administration• 5. Research
1. ACCOUNT MANAGEMENT
Liaison between agency & client Understanding client’s business Understanding client’s marketing needs Presenting client’s point of view to the
agency
2. CREATIVE
the creative department is responsible for creating and producing the print and broadcast advertising, website designing, copy writing etc.
3. MEDIA
It has two main functions---planning & buying
The buying group handles media negotiations and implementation
The planning group deals with media placements
4. FINANCE & ADMINISTRATION & 5. RESEARCH
There is an administrative head who takes charge of functions such as finance, accounting, HR & Office management & Legal services
Research department gathers & analyses data
Determine consumer needs/perceptions
advise how ads can meet strategic goals
help find solutions
TYPES OF AD AGENCY
Modular Agencies/ A la carte agencies: It is a full service agency that sells its
services on a piece meal basis It is also known as a la carte because it can
be ordered according to client’s choice In-House Agencies: The companies which prefer to have closer
control over advertising, have their own in-house agency
DIFFERENCE BETWEEN IN-HOUSE AD AGENCY &
ADVERTISING DEPARTMENT???????
TYPES OF AD AGENCY
Specialist Advertising Agency: There are some agencies who undertake
advertising work only in certain areas
Creative Boutiques: These are agencies that provide only creative
services such as copy writing, artwork etc.
Thank You