Categories: Marketing

Functions of Advertising Agency

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p>&lbrack;adsense1&rsqb;The dominant type of agency offers a full range of services including market research&comma; new product introduction plans&comma; creative services and media purchases&comma; and is known as full service agency&period; Alternatives to full-service agency for major advertisers have appeared recently&period; Basically&comma; these involve the replacement of the large agency with smaller specialized organizations&comma; perhaps supplemented by greater customer participation in the premises in the process&period; Is stimulated by the development of organizations that specialize in buying media &lpar;such as Western International Media&comma; and Vitt Media International&comma; which maintained on a 3&percnt;&rpar; and others that only provide creative series &&num;8211&semi; the &&num;8220&semi;creative boutiques&period;&&num;8221&semi; The perceived need to make money from advertising and media work harder &&num;8211&semi; by negotiating discounts from major media through the consolidation of media buying and using smaller agencies that sometimes is perceived as more creative than larger ones &&num;8211&semi; have led to this development&period; Several client companies and advertising agencies have set up subsidiaries through which the media becomes consolidated&comma; and therefore do it cheaper&comma; while advertising agencies often turn to medium-sized external media buying companies to benefit the bargaining power of these companies&period;<&sol;p>&NewLine;<p>&lbrack;linkunit&rsqb;When businesses grow worldwide&comma; the agencies hope to have business around the world from a client &lpar;or not&rpar; must therefore create worldwide service networks&comma; as the owner of the foreign agencies or building partnerships with them&period; McCann Erickson&comma; for example&comma; now has 144 branches in 67 countries and is used for the service of Coca Cola in almost all markets&period; It even has a global account director of Coca-Cola in New York&comma; head of the agency&&num;8217&semi;s work in mind that throughout the text&period; Perhaps the biggest change among the &&num;8220&semi;recent trends&&num;8221&semi; is the perception among advertisers that the main business of the traditional advertising agency has not provided the &&num;8220&semi;creative spark&&num;8221&semi; that some advertisers need&period; Some advertisers&comma; including Coca Cola&comma; so they began to diversify its sources of talent and creative ideas&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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