Define advertising? What are its main features? Explain.
Advertising is a technique used for promotion of a product. Through advertising the companies attract customers towards their product and induce them to purchase it. Some of the common modes of advertising are newspapers, magazines, television, etc. The following are the important features of advertising.
1. Cost Involved :- Advertising involves a cost. It is a paid form of promotion. The costs involved in advertising are to be borne by the sponsors.
2. Impersonal Mode :- Advertising is an impersonal mode of communication. That is, there is no face-to-face interaction between the customer and the advertiser. Thus, it lacks a personal touch and creates a monologue.
3. Specific Sponsor :- There are always some identified individuals or sponsors who undertake the responsibility of designing it and bearing the cost involved.