Advertising research is a specialized form of marketing research conducted to improve the efficiency of advertising.
Advertising research is the systematic
gathering and analysis of information to help develop or evaluate advertising
strategies, ads and commercials, and media campaigns.
Advertising research, often referred to as ad
testing, aims to determine an ad’s effectiveness based on consumer responses,
feedback, and behaviour. This can be done on a piece-by-piece basis, or it can
be done with periodic or continuous in-market research that monitors the
performance of a campaign over time.
Objectives of Advertising Research
To Enhance Awareness − Through research, it is easy to plan the marketing strategy of
any product/service.
To Know Attitudinal
Pattern − A thorough research predicts the people’s
attitude. It analyses the changing attitudinal pattern of a geographic area.
Knowing the consumers’ attitude is very important before launching a new
product and its advertisement.
To Know People’s Action/Re-action − Research also records and analyzes people’s action or re-action regarding a particular product/service.
Analysis − Based on deep research and analysis, it is simple to design and develop a creative ad, effective enough to influence consumers.
Essentials of
Advertising Research
Following are the essentials of advertising research that support researcher to complete the research task successfully −
Research Equipment − It is the basic requirement of advertising research. It includes a skilled person, computer system with internet, and relevant newspapers and magazine. However, field research is also important. For example, interviewing people in the market or their residential places.
Media Research − To determine, which media is the most effective advertisement
vehicle, media research is necessary. It helps to reach the potential customers
in a short period of time and at lower cost.
Marketing Trends − Knowledge of marketing trends help advertisers to know what products people are buying and what are the specific features of the products, which compels people to buy. With this information, manufacturers can modify their product according to the trend on competitive price.
Target Audience − For any advertising research, it is very important to identify target audience and geographic location.
Benefits of
Advertising Research
Conducting research before launching a new product
and subsequently developing an ad has the following advantages
Develops creative design and strategy − Once, all information is available, it is very simple to develop an eye-catching design. It also helps in making a well-defined strategy to develop your business.
Identifies Opportunity
in the Market − Research suggests — what is the right time to
launch the product. It also tells, which geographical location is the best for
the product.
Measures Your Reputation
− It is always beneficial to know your competitor’s reputation and
credit in the market. It helps to develop faultless strategy.
Identifies Major
Problems − Research helps to identify the potential
problems.
Analyzes Progress − It helps to analyze the performance of your product. Likewise,
you can monitor your progress.
Minimize the Risk − If you have done a thorough market research, there is least
chance of failure.
Ad testing allows you
to:
Effectively target key market segments with
content that resonates
Get feedback to ensure core messaging sticks, and to share those insights with ad creators and/or stakeholders
Achieve data-driven confidence when promoting a
campaign
Make an informed go or no-go decision when
deploying an ad
Evaluate the performance of an ad agency
Get the highest ROI (Return on Investment) out of
your ad spend
Predict advertising effect on purchase intent
Why conduct ad
research?
Weak advertising is not only a waste of spend, it
can also cause lost sales. Advertising research prevents this from happening
with pre- and post-sales feedback that works to optimise messaging. Companies
often test their advertising with a subset of a target market before rolling
out a campaign to a broader target market.
Even if you’re not working with a
multimillion-dollar advertising budget, it is wise to test your ads. Ad testing
is one of the best ways to see how effective a new ad might be without blindly
spending your budget or potentially offending your customers. You can use the
test feedback to refine the advertisement or go in a different direction. The
test provides insights to help you make informed decisions about how to best
use your advertising budget.
There are four stages
where Advertising Research can take place:
1. Beginning of creation
process
2. End of creation process
3. End of the production
stage
4. After the campaign has
been launched
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