Advertising reflective folio
Wednesday, October 27, 2010
Wednesday, October 20, 2010
Stage 3- Evaluating good and bad B2B adverts
Dominic Moseley.Business-to-Business advertising: How to create effective business ads, Admap, November 1993- sourced from WARC
Moseley highlights a set of five criteria to measure and create and effective business to business advertisement.
The five categories are:
1. Attention and involvement : A B2B should be no different to any other form of advertising that it engages the audience
2. Understanding the target: By understanding this relationship, there is greater chance of targeting the advertising correctly, both in a direct sense and in terms of tone and voice. The advertisement cannot assume want the client wants. i.e focus entirely on one element of a product.
3. The dual benefit: An advertisement can only be beneficial to a business has to show some personal and emotional attributes the right balance is crucial.
4. Branding: If effective will reinforce the positive attributes of the brand
5. Categorisation: The B2B consumer is usually very busy and the advertisement needs to clearly address who the intended target audience is.
To conduct this analysis and to make it as fair and as true to Moseley's journal article as possible. I have chosen two competing brands from the same industry, who appear to have a similar marketing budget due to the size and position of the advertisement, advertising in the same magazine.
For both ads we will analyse the advertisement based on the five criteria and draw overall conclusions
The 'Good':
Fidelity- "Time is money. That's why we manage both."
1. Attention and Involvement: The advertisement clearly appeals to the business sector, yet at the same time looks engaging. The simple design is not over complicated, yet not overly simple. The minimalist use of colour stands out and draws the audience in.
A small negative is that there is too much text at the bottom, however, if the text is omitted the advertisement clearly engages the audience enough for them to take note of the company, one of the most important tasks in business to business advertising.
2. Understanding the target audience: The advertisement clearly highlights the fact that it understands the target audience, highlight as its major attribute the ability to manage not only a companies portfolio but help them save time.
Moreover, the advert does not make any assumptions that the client or potential client only cares about performance it offers a message on several levels appealing to the potential different types of client. For example the engaging central image may appeal to the potential client that is quickly flicking through the magazine and leaves an impression, and the text appeals to a potential client that is more actively seeking information.
Moreover, the text leads to a website for more information it does not try and win the client over, as it acknowledges and understands that in managed fund industry decisions are not made spontaneously.
3. The dual benefit: This too is addressed by the advertisement as the emotive message of a calendar falling apart resonates with the target audience, the notion that with Fidelity they are likely to have more time not just make more money allows them to appreciate the product on a personal level. The advertisement nonetheless does not over play this aspect and does it on a subtle level. The advertisement has struck the right balance between a business and personal relationship.
4. Branding: The advertisement makes use of three colours, Red, White and Blue, this is in keeping with the three colours of the Fidelity logo. To further this point the most central image, the bar and the rings that holds the entire calendar together are red and blue further highlighting the role the brand plays in the customers lives.
5. Categorisation: The short slogan at the top of the advert, "Time is money. That's why we manage both." clearly highlight Fidelity as a business that is the industry of managed funds, and leaves no doubt in the consumer's mind of what they do.
In conclusion, we can see that the Fidelity advertisement clearly adheres to Moseley's model of what makes an effective business to business advertisement. The advert checks all five categories and delivers a message that is both informative and visually interesting. A clear example of a 'good' business to business print advert.
The Bad : Hunter Hall- "Wealth of Knowledge"
1. Intention and involvement: The advertisement is visually uninteresting in every-way. The colour scheme is blue and white and lacks any imagination. The advert fails to engage the audience and is likely to be skipped over by a busy reader.
2. Understanding the target audience: The advertisement does precisely what Moseley highlights as being a big "No, " it assumes that the target audience is not interested in visually pleasing graphics rather all they care about is the tangible benefits of the product. The Hunter Hall advert assumes that all the potential client is looking for is a display of "professionalism," and is not concerned with aesthetics and visual elements of the advert.
3. The dual benefit: The advert offers the client no, non-business benefit, the advert only deals with growth numbers and making money. The consumer gets no emotional or personal benefit out of the product.
4. Branding: This advert does reflect the brand attributes of the company, dull, boring and unimaginative. This may actually not be as much of negative as it seems as there will be many potential clients that are equally as dull. Nonetheless, it does not inspire any action on the audiences behalf.
It does also highlight the brand as being ethical in nature.
5. Categorisation: This advert does accurately categorise itself and the industry as being an advertisement for a managed funds company.
In conclusion, the advert whilst not a complete disaster it does nonetheless fail Moseley's five category test for an effective business to business advertisement. The advertisement clearly represents a good example of a "dreary tombstone advertisements" which are only placed in the magazine as "matter of record only" (Moseley 1993).
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