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notjustinfo.com |
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Knowledge centre for MBA students. |
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Advertising Research in the World of Information Economy Dr Kala Krishnan
Why Research? Collection of information, analysing and reacting to that
information plays a vital role to arrive at a superior advertising decision. Any
improvement in information would definitely improve the quality of decisions.
David Ogilvy in his book Ogilvy on Advertising stresses the need of research:
Advertising people who ignore research are as dangerous as generals who
ignore decodes of enemy signals. Research can measure the awareness and
reputation of the client among consumers, press and investment analysts. Statistical models in research can, not only project the
sales of new products, but also the advertising budget needed to reach maximum
sales. Further, research can reveal consumer reactions to a new product or
service when it is in the preliminary stage. Also, the rating of the product
by consumers against other competitive brands will be captured by research.
Based on the research findings, the advertising agency can ask the client,
ofcourse with authenticity, to make modifications in his product/service. Through research, appealing colours and package designs
can be identified, which will guide the advertising agency to choose successful
colours and create attractive packaging designs. By conducting research, the target audience can be
identified: rich or poor, men or women, teenagers or old, life styles,
education, etc. Thus, research helps to arrive at an optimum positioning strategy.
Also, if the target audience is known, the media selection can be done
efficiently, so that optimum reach is attained. Research can help in identifying important explanatory
variables, which influence the purchase behaviour. Depending upon that, the
advertisement can be created giving stress in the copy to the major
independent variables. further, the most important contribution in an
advertisement is headline; and to decide the promise in the advertisement,
research helps. From research, expectations of the consumers can be found
and the advertisement can be crafted in such a way that it will be
distinguished from other competitive advertisements, so more visibility is
achieved. In short, research can be of valuable guide in making more
effective advertising. Research Brief Many times, the research brief does not tell the exact
need of the clients/executives. It is advisable to spend more time in problem
definition, so that a better brief can be given to the research team with all
what is needed, to avoid problems later. Time Executives always ask for information today, when they
want it yesterday, and they complain that researchers take two weeks when
they have only two days. This problem of fighting for time can be solved to a
great extent if infrastractural facilities such as skilled manpower, computer
and communication facilities, etc. available to the research department is
improved. Without modernised facilities, it is not only difficult to maintain
information, but, it will consume more response time. Statistics Once, even the usage of graphs are considered
incomprehensible to laymen. Things have changed and today graphs have almost
become out of fashion, and statistical analysis involving modelling and
latest quantitative techniques have come to use, thanks to the inventions of
statistical packages. Advertising executives find it difficult to cope with
the swift changes taking place in the research style and methodology. Information Flow Is it true that the relationship between information and
decision-value has a positive correlation? Obviously, it is a well known fact that increase in
information leads to better decisions. However, after a while, more and more
information will have less and less effect. Further, it becomes difficult to
identify and utilise important information from the rest, when information
overload takes place, especially in the current internet-based information
economy. Thus, capturing the right information in the event of information
overload becomes a vital research task. Research Spectrum It is to be remembered that the research that work in one
market will need not work in another, calling for different research work. In
summary, research has a big role to play in shaping effective advertising
strategies. |
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