Advertisement and Marketing are often considered to be similar. Though, both, advertising and marketing, are very important aspect for any business, but they are different from each other. One needs to understand the very thin line drawn between advertising and marketing. The knowledge about the difference between advertising and marketing helps the business to grow to sky heights. Both advertising and marketing work in accordance to achieve the targets set by any business. The main aim of both the terms is to promote the product in the potential market.
What is advertising?
Advertisement is the most common and famous means of popularizing a product. Through advertising, the manufacturer tries to highlight the positive aspects of a product and how it is beneficial for the consumer. In common words, we can say that advertising is the art of selling a product and its services. An advertising technique should contain certain features that help in its promotion. These include:
– A well-defined target market for a product.
– The advertisement of a product should be a unique one.
– It should easily reach the audiences.
– Honestly advertise the true aspects of the product.
These features not only help in good advertising but also ensure the acceptance of the product in the market for a very long period.
What is marketing?
Marketing is a more technical term than advertising that involves lot of planning and control over various aspects. The marketing manager works in collaboration with product and research manager regarding the best available market and buyers for their product. The manager chooses the best potential market for the product, which includes wholesalers, retailers, government, or general consumers. In simple terms, marketing refers to the art of creating demand for a product in different markets. Marketing also involves pricing of a product for maximizing profits along with providing customer satisfaction.
Difference between Advertising and Marketing
As stated above, people often ignore the slender difference between advertising and marketing. As a result, both advertising and marketing are usually used for one another. Instead, both advertising and marketing are very much different in various aspects. Some of the differences between advertising and marketing include:
– Component of marketing process: If we get a broader look at both the terms, then we would know that advertising and marketing are not same. Instead, advertising is an important component of the marketing process.
– Different processes: Marketing is a planned process where everything is planned, implemented, and controlled. Whereas advertising works on the quick approach of promoting a product through newspapers, hoardings, and Internet.
Advertising and marketing are inseparable terms that work together for the betterment of a business. In simple words, both these terms make up for one another and hence work for the success of a product. Today, both advertising and marketing have become an integral part of any business. Both marketing and advertising are never ending process, as these require a business to keep promoting their products and find innovative methods to advertise to make their products or services popular.