Answer to Question #203025 in Marketing for andrea

Question #203025

1. How does advertisements help the economy?

2. Give a situation that one of the ads you have viewed has helped you a lot in solving your problem.

3. If you were the advertiser, which of the methods of advertising budget will you prefer? Why?

Expert's answer
  1. Advertising helps the economy by providing useful information to various consumers in businesses and households, which is an influential role in the economy. It informs and educates consumers on different choices in the marketplace.
  2. Adverts often serve as a source of information. In situations when I have many choices, viewing adverts enables me to understand products and make purchases that solve my dilemma.

  • Objective and task method - This method enables the advertiser to correlate various advertising expenditures with the total marketing objectives.

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