Advertising
NIOS · Class 10 · Business Studies
Quick revision notes for Advertising — NIOS Class 10 Business Studies. Key concepts, formulas, and definitions for last-minute revision.
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Key Topics to Revise
Meaning and Features of Advertising
- Advertising is any paid form of non-personal presentation and promotion of ideas, goods and services by an identified sponsor.
- The sponsor or advertiser is the manufacturer, trader, or service provider who issues the advertisement and bears the cost.
- An advertisement gives information about a product, service, or idea and tries to influence customers to buy it.
Objectives or Importance of Advertising
- Advertising helps educate customers about a product, service, or idea.
- It creates demand for new products such as a new gel pen.
- It helps retain existing customers, as seen in the example of Nirma improving the product and advertising it after competition from Wheel.
Media of Advertising
- Advertising media are the means through which advertisements reach customers.
- The three main groups are Print Media, Electronic Media, and Other Media.
- Print Media includes Newspapers and Periodicals.
Print Media: Newspapers and Periodicals
- Newspapers have wide circulation and relatively low cost.
- Newspaper advertisements can be changed at short notice, so they are flexible.
- Newspapers have a short life because they are discarded after reading.
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