No one can deny the fact that advertisement has a tremendous role in the business world, such as promoting a brand to the customer to understand customers interest. However, advertising has its merits and demerits when considering the consumer's side or the manufacturer's. This essay will focus on the boon and the bane of advertising by creating a logical conclusion.
One of the main benefits of advertising for a manufacturer is that they could have increased and steady sales, so the business environment and the product/service they produce reaches the right customer at the suitable market condition. However, it is essential to understand the customer's interest, so advertising can also drive the customer's interest and their preference by playing a pivotal role in the production process. Moreover, advertising is crucial to educate the customer on the product/service they are interested in purchasing, and this process can seed interest in the customer's mind. According to the findings of a research on lifestyle influence, it was found that advertising has an immense influence on the standard of living. Hence the significance of advertising can not be ignored
On the other hand, there are downsides to advertising, such as misrepresentation of facts this could cause a dilemma between the customer's expectation and the value of a product. Moreover, advertising can cause a monopolistic market condition making it challenging for the competitor to bring an alternate product. Increased awareness of advertising has encouraged new studies on the customer's buying behaviour and found that consumers are purchasing products that are less useful for them. Hence it is crucial to check if the advertisement is trustable.
In conclusion, I strongly believe that the role of advertisement in reaching people and branding has more benefits than the drawbacks
No one can deny the fact that advertisement has a tremendous role in the business world, such as promoting a brand to the
customer
to understand
customers
interest
.
However
, advertising has its merits and demerits when considering the consumer's side or the manufacturer's. This essay will focus on the boon and the bane of advertising by creating a logical conclusion.
One of the main benefits of advertising for a manufacturer is that they could have increased and steady sales,
so
the business environment and the product/service they produce reaches the right
customer
at the suitable market condition.
However
, it is essential to understand the
customer's
interest
,
so
advertising can
also
drive the
customer's
interest
and their preference by playing a pivotal role in the production process.
Moreover
, advertising is crucial to educate the
customer
on the product/service they
are interested
in purchasing, and this process can seed
interest
in the
customer's
mind. According to the findings of
a research
on lifestyle influence, it
was found
that advertising has an immense influence on the standard of living.
Hence
the significance of advertising can not be
ignored
On the other hand
, there are downsides to advertising, such as misrepresentation of facts this could cause a dilemma between the
customer's
expectation and the value of a product.
Moreover
, advertising can cause a monopolistic market condition making it challenging for the competitor to bring an alternate product. Increased awareness of advertising has encouraged new studies on the
customer's
buying
behaviour
and found that consumers are purchasing products that are less useful for them.
Hence
it is crucial to
check
if the advertisement is trustable.
In conclusion
, I
strongly
believe that the role of advertisement in reaching
people
and branding has more benefits than the drawbacks