Youll almost certainly cha exactly how you divide it between costs like copy

Youll almost certainly cha exactly how you divide it

  • IIT Kanpur
  • MBA 501
  • Homework Help
  • shivi.K
  • 26
  • 100% (46) 46 out of 46 people found this document helpful

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need to be clear on just how much money you’re willing to spend. You’ll almost certainly change exactly how you divide it between costs like copy writing and design, but you can treat the overall amount as set in stone. Write it down and put it in your project folder.3Setting goals: The aims you have in mind for a particular advertising project need to be written down ahead of time. While it’s good to be ambitious, it’s also important to decide what constitutes a successful advertising campaign for your business. Sales can be the simplest metric:if you’re advertising a particular product, how many units will you need to sell to pay for that campaign?4Advertising venue: The website, TV station, newspaper, radio station, magazine or other advertising venue you place your ad with is a crucial decision. You’ll need to look at not only the cost of your preferred venues but also whether they reach your target demographic. Ad buys canmake up a significant portion of your budget. Deciding on where you will place your ads first tellsyou how much money you’ll have left over for actually creating your ads.5Choosing creative: Unless you’re planning to write, shoot and design every part of your ad, you’llprobably need to bring in some help. Finding the right freelancers for each aspect requires checking through portfolios and rates — if you can find a business or freelancer who can handle all aspects of creating your ad, even if that means subcontracting, it can save you a lot of time. You’ll also want to make sure that you find any talent you’ll need for your ad (voice actors for radio, models for photography and so on).6Design and wording: While you may not have a lot of actual writing and designing to do for your ad, during the creation process you will need to review and sign off on different stages of the project. When starting with a new designer or other creative, make sure that you both know any expectations for timelines and progress checks. 7Placing the ad: Once you have a finished ad in hand, it’s time to actually place it with your preferred advertising venue. You may have a few contracts to sign and a check to hand over. You’ll also want to make sure you actually see your ad once it’s run — from a newspaper, for instance, you’ll want to see the tear sheets of pages containing your AdsActivity 6Question 1: Choose a product or service that could be promoted. Explain how and why you would promote that product or service. Identify at least three types of personnel you could use to help you plan and organise the promotion. What role would they play? How would their skills and experience helpyou? (100–150 words)
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