Advertising non-premium products as if they were premium: The impact of advertising up on advertising elasticity and brand equity

Non-premium brands occasionally emulate their premium counterparts by using ads that emphasize premium characteristics such as superior performance and exclusivity. We define this practice as “advertising up” and develop hypotheses about its short- and long-term impact on advertising elasticity and brand equity respectively. We test the hypotheses in two large-scale empirical studies using a comprehensive dataset from the automotive industry that includes, among others, the content of 2317 television ads broadcast over a period of 45?months. The results indicate that advertising up increases (decreases) short-term advertising elasticity for non-premium products with a low (high) market share. The results also show that an intensive use of advertising up over time leads to long-term improvements (reductions) in brand equity for expensive (cheap) non-premium products. Furthermore, an inconsistent use of advertising up leads to reductions in brand equity. The results imply that managers of non-premium products with a low market share can use advertising up to increase advertising effectiveness in the short run. However, advertising up will only generate long-term improvements in brand equity for expensive non-premium products. Finally, to avoid long-term reductions in brand equity, advertising up should be consistently used over time.     

互联网广告批评初探

互联网的迅猛发展,必然带来互联网广告的繁荣。互联网广告繁荣的背后,也必然存在诸多问题。所以对互联网广告批评的研究意义重大,它能促进互联网广告的良性发展。本文认为互联网广告批评应该重点关注如下几个方面：互联网广告的真实性问题、性和暴力问题、隐私保护问题以及与公关的模糊化问题。     

围绕本质“立法” 坚持权威“执法”——浅析英国误导性广告的立法与司法实践

作为世界上广告监管最为规范的国家,英国的广告监管经验非常值得借鉴。在英国,广告监管主要通过行业自律机构实施,包括对误导性广告的监管。本文通过对英国误导性广告的现状、＂立法＂和＂执法＂等进行初步的分析和探讨,希望能对中国误导性广告监管有所借鉴。     

跨国广告集团全球扩张模式的选择及其影响因素

本文运用对外直接投资理论和交易费用理论的相关原理,具体阐述了跨国广告集团全球市场扩张的经济动因,即跨国企业全球市场拓展和广告公司自身业务发展的双重需要。在此基础上,作者深度剖析了跨国广告集团全球扩张模式的三种主要模式及其选择不同模式的影响因素。文章最后重点分析了跨国广告集团在中国的市场扩张战略,以期为民族广告公司的可持续发展和国际化转型提供策略参考。     

广告学的研究范式探析

现代广告学是广告产业飞速发展的产物,它源源不断地从广告实务界以度传播学、经济学、心理学、社会学等诸多学科汲取理论和实践支持。随着广告学理论研究的深入,以哲学、社会学的理论关照广告学的研究成为本学科走向成熟的必要环节,其中,范式理论的应用,更为广告学提供了不同的研究视角和不同的理论维度。本文试图在梳理广告学研究对不同范式的应用中,借鉴现有研究成果,总结专属于广告学研究的范式,并为广告学研究范式体系的构建提供一种思雏导引。     

Investor sentiment and advertising expenditure

A strategic issue facing marketing managers is ‘how much and when’ to spend on advertising. We argue that investor sentiment in the stock market may influence advertising expenditure by affecting firms' ability to raise new funds. We show that during periods of low (high) investor sentiment, firms decrease (increase) their advertising expenditure, even though the effectiveness of advertising is greater (lower) during such periods. We also find that these results are stronger for financially constrained firms that rely more on external financing. Our findings suggest that marketing managers can improve the efficiency of their advertising expenditure by raising (reducing) it during periods of low (high) sentiment.     

Receptiveness of Black Americans to outdoor advertising

Outdoor advertisements, billboards especially, represent important advertising vehicles yet they receive little attention from marketing researchers. Many managers assume that the medium has limited segmentation potential beyond geographical, yet this study reveals major differences. Based on two sets of focus groups and a survey of over 1600 users of heath service facilities in Louisiana, Black Americans appear significantly more receptive than White Americans to billboards, using measures of awareness, information conveyance, influence, and overall views.These differences persist across most education/income level combinations; significant interaction effects emerge between receptiveness, race, education, and income. The authors draw from socialization theory to explain some of the difference but suggest the high exposure of Black Americans to billboards, plus their greater openness to advertising, also contribute. Many advertisers target Black Americans and this targeting is a subject of public policy concern, giving these findings implications for marketers, researchers, and policy makers.     

跨国公司的中韩广告效果比较研究

跨国公司的广告根据不同国家的情况进行本土化战略。本研究将比较跨国公司在不同国家广告效果的差异,深入分析影响广告效果的因素,为跨国公司制定广告战略提供一定的参考价值。本文运用实验研究的方法,从观众对跨国公司在不同国家广告及品牌的态度、购买意图等角度比较分析跨国公司在不同国家广告效果的差异。研究发现：跨国公司通过本土化的战略并没有显著地提高广告效果,真正影响广告效果的因素是广告表现、创意及代言人等因素。因此,跨国公司在本土化的同时,如何发掘可以引起消费者心理共鸣的广告创意是影响广告效果的最核心因素。     

Billboard and cinema advertising: Missed opportunity or spoiled arms?

Advertising remains one of the most popular marketing instruments, and many studies have studied its sales effectiveness. However, prior research has either looked at the total spending of a brand/firm, or has focused on the most popular media, especially TV advertising. Even though huge amounts are also spent on “smaller” media such as billboards and cinema, little is known on their effectiveness.     

Emotional advertising: Revisiting the role of product category

In contrast to the Affect Infusion Model, popular advertising planning grids suggest that emotional advertising is effective for low involvement and hedonic products, but not for high involvement or utilitarian products. In two experiments, 400 and 392 consumers respectively evaluate a non-emotional and a product-congruent or product-incongruent emotional appeal promoting four different product types. In a third study, 909 respondents evaluate 323 existing TV commercials. The findings confirm expectations based on the Affect Infusion Model and indicate that for none of the product types negative effects of emotional advertisements appear. However, emotional ads do work better for some than other product types. In addition to clearing out the moderating role of product type, this paper contributes to the literature by showing that previous poorer results of emotional ads for some products may be partly due to less positive attitudes towards the products themselves instead of to the inappropriateness of the appeal.     

Empirical Generalizations in Search Engine Advertising

This article compares prices per click and search engine advertising (SEA) effectiveness across six countries and 15 industries over four years. We find that prices per click are highest in the United States and United Kingdom, as well as in the financial and Internet services industries, but are lower in retail than in services industries. In highly competitive markets, increases in SEA expenditures may increase prices per click that do not necessarily lead to higher advertising effectiveness, here measured as a higher number of clicks. To analyze and compare advertising effectiveness across industries, we decompose the effect of increases in SEA expenditures on prices per click (price effect) and number of clicks (quantity effect). A cross-country, cross-industry study shows that 44 percent of the increase in SEA expenditures is associated with more clicks and 56 percent with higher prices.     

Going for gold: Investigating the (non)sense of increased advertising around major sports events

Major sports events draw unsurpassed media attention. Companies are motivated to increase their advertising investments around these events to reach large audiences in a short period. Is such an advertising surge actually beneficial though, or should companies avoid advertising in these periods because of negative effects of competitive interference? This study investigates when consumer packaged goods companies should invest in advertising to increase sales: before, during, or after the event or outside these event periods. The author estimates short- and long-term own- and cross-advertising elasticities for 206 brands using four years of weekly data. Although considerable heterogeneity exists across brands, own-advertising effectiveness diminishes especially before and during major sports events, in both the short and the long run. In addition, brands benefit less from category-demand effects through competitors' advertising. Conversely, greater increases in advertising spending resulting in significant growth in share of voice around focused, single-sport events are a successful strategy to overcome this overall general negative trend.     

Images paired with concrete claims improve skeptical consumers’ responses to advertising promoting a firm’s good deeds

Previous research has focused attention on state skepticism over corporate social responsibility (CSR) communications, but little work has focused on how to override preexisting differences in consumer skepticism. To gain insight into this issue, the present studies explore whether company ads promoting a firm’s good deeds generate more positive responses when the ads contain concrete claims and/or images related to the firm’s corporate social responsibility claims, and how these elements of the CSR communication interact with individual differences in advertising skepticism. Results show that highly skeptical consumers (a) respond less favorably to ads than less skeptical consumers, overall; (b) respond more favorably to ads that contain a combination of concrete claims and images supporting those claims; and (c) respond as favorably as less skeptical consumers when ads feature concrete claims with supporting images. Additional results suggest that images are effective among highly skeptical consumers because skeptical consumers have a reduced ability to visualize advertising claims. Implications and future research directions are discussed.     

U.S. Advertising Agency Productivity

Advertising agency growth through mergers and ac- quisitions became a common strategy in the 1980s, pdculady among the largest finns in the indusby, yet little research has examined ils effects. In this study, U.S. advertising agency size and mergers and acquisitions are related to agency productivity. Size was found to be a clear advantage for advertising agencies, as larger firms were consis- tently more productive in both b i g s and gross income per em- ployee. The postmerger performance of merging and acquiring ad- vertising agencies was worse for most of those firms than their prior Formance when compared to firms of similar size, indicating that tlus strategy for growth tends to be less successful in the short-run.     

会展组展商信号传递博弈分析

在会展市场中组展商和参展商之间存在着严重的信息不对称现象,从而导致虚假展会问题严重,本文通过建立信号博弈模型,对组展商信誉信号水平的各种均衡情况进行分析,在可能产生的混同均衡、准分离均衡和分离均衡中,只有分离均衡是最有效率的,并在此分析的基础上提出相应的策略和建议。     

Likeability as a measure of advertising effectiveness: the case of financial services

Television advertising for financial services accounts for over one-third of total financial services advertising expenditure, yet there is evidence to suggest it is not very well done. Given the difficulties advertisers have to overcome in terms of promoting an intangible product in accordance with tight restrictions on advertising content and format to a largely uninvolved audience, it becomes all the more imperative to study how viewers judge financial services commercials. This paper presents the findings of a study which seeks to establish which elements, if any, of a financial services commercial first make it likeable to its target audience, second motivate the viewer to seek more information about the service being advertised and, third, have an effect on the image the viewer has of the advertiser. Some interesting findings from the research point to the similarities between the emerging factors for viewers' affective reactions to fast-moving consumer goods (FMCG) and financial services commercials and the extent to which likeability mediates the influence which advertisement execution features have on subsequent behavioural intentions.     

Owning and Operating a Destination Management Company

ABSTRACT

Attorneys are the top revenue category for the yellow pages and the yellow pages arc the most popular form of attorney advertising. We studied over 14,000 attorney yellow page ads from three cities including a detailed analysis of all display ads. We compared the advertising strategy used in attorney yellow page ads with the literature on the information consumers desire from attorney ads. This comparison of consumer desires with the actual advertising strategy used by attorneys in the marketplace led to several recommendations for improving attorney yellow page advertising.     

Using Radio Advertising to Promote Blood Donation

The World Health Organization states that the donation of blood by voluntary, non-remunerated blood donors is crucial for the safety and sustainability of national blood supplies and that it is necessary to use effective communication strategies to recruit them. This implies the need to understand how advertising works. In the promotion of blood donation, radio is an ideal channel of communication, in which the credibility of the spokesperson from the perspective of the listener is fundamental. Therefore, this paper aims to design and validate a model of advertising effectiveness that explains blood donation through a holistic approach that considers, in addition to the different responses of individuals to advertising (cognitive, affective, and conative) the impact of spokesperson credibility on each of these responses. Moreover, we investigate the moderating role of donation inhibitors since the response to an ad is moderated by individual differences. The sample comprised 987 regular radio listeners. We draw theoretical and operational conclusions for those in charge of communication programs targeted at voluntary donation. So, transfusion centers should consider both spokesperson credibility and ad creativity when planning their promotional campaign and their brand image due to the maximum effectiveness that can be achieved simply by balancing these three elements. However, the importance of these elements for explaining the intention to donate blood differs in the three groups analyzed according to their particular donation inhibitors. This shows that one single message should not be used, but rather various messages tailored to each of the groups.     

Gender stereotypes in advertising: a review of current research

The purpose of this paper is to highlight the historical context of gender stereotypes in advertising and then examine the scholarship related to gender stereotypes. Gender portrayals in advertising have been examined extensively in the last five decades and still remain an important topic. Changing role structure in the family and in the labor force has brought significant variation in both male and female roles and subsequently how it is reflected in advertising. It has been noted that there is a culture lag. Sexes for a long period of time were depicted in advertising in more traditional roles. Women were presented in an inferior manner relative to their potential and capabilities, while at the same the data indicated a shift towards more positive role portrayals. The changing role of men is the area that has seen the greatest interest in the past few years. Men are depicted in advertising in ‘softer’ roles, while interacting with their children. Men are also shown in more egalitarian roles. The paper finally attempts to outline the future research direction of gender portrayals in advertising. First, research should focus on examining gender portrayals in online platforms, and find ways to modify current coding schemes to digital formats. Second, companies and the media are beginning to pay attention to a once largely ignored segment the lesbian/gay/bisexual/transgender (LGBT) consumer. Third, recent advertising has focused on the ‘empowered’ women called femvertising.