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Chap 4roleofadagency 130115072838 Phpapp02

Apr 02, 2018

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Vaibhav Sharma
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    Ad Agency:

    An ad agency is a service organization that specialize in planning

    & executing advertising programme for its client.

    The standard directory of Advertising Agencies

    It is the most comprehensive directory in the world, segmented

    according to the size of industries. Approx 15,000 US &international agencies listed in it.

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    . Top ad agencies(World):

    Lintas, Y & R, Ogilvy & Mather, Grey worldwide

    Top ad agencies(India):

    Mudra Communication, Madison, Leo Burnet,

    Satchi & satchi

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    The role of an ad agency:

    An organization hire ad agency because of following reason

    Service of highly skilled individuals

    Specialize in their respective field They have good bunch of artist, writer, Media analyst,

    Researcher

    All person have specific knowledge skill & Experience

    Specialized in particular domain They can provide object view point, not related to

    company politics & unbiased

    Experience in working in diverse set of marketing field.

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    Types of Ad agency:

    It can be from one man to big organization.

    Broadly it is of 4 types

    Full-Services Agencies

    Creative Boutiques Media Buying Services

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    WritersArt directors

    TVproduction

    Traffic

    Printproduction

    VP creative

    services

    Account

    executive

    Accountsupervision

    VP account

    services

    Media Research Sales

    promotion

    VP marketing

    services

    Personnel

    Accounting

    FinanceOffice

    management

    VP management

    and finance

    President

    Board of

    directors

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    Account Service :Most important division of Adagency

    Link between ad agency & Clients

    Understandadvertisers marketing & Promotionneeds &interpret to ad agency

    Coordinates agency effort in planning, creating

    & producing ads Present agency recommendations & obtain

    client approval

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    Ideal Person:

    Strong Analytical skill

    Strong marketing background

    Understanding all phase of marketing

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    Marketing Service:

    This dep't of ad agency play vital role & understand

    the target audience of customer. Three different

    services comes under marketing services

    Research Department

    Media Department

    Sales Promotion Department

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    Research Department:

    Gather, analyze & interpret information for

    developing advertising Design & Conduct MR for effectiveness of

    present ad

    Data can be obtain by primary as wellsecondary

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    .Media Department: Analyze, selects, & contracts for space or time in media

    Responsible for deliverclients advertisement.

    Develop media plan effectively as cost of the ad depends on it

    Develop the plan for right target audience

    The person should have through knowledge of space, slot, time,Reach & their rates

    Sales & Promotion:

    Some Ad agency also do sales & promotion activity

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    Research Department:

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    Creative service:

    Create & Execute the advertisement

    Determine the basic appeal or theme of ad

    Prepare rough initial layout for approval

    Three different services comes under it.

    Writer & Art Directors

    TV Production

    Print Production

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    Three different services comes under it.

    Writer & Art Directors TV Production

    Print Production

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    Writer & Art DirectorsWriter

    Responsible for conceive the ideas for ad

    Write headlines, Subheads, & body copy

    They also known as copywriter

    Art Directors:

    Responsible for look of the ad

    For print ad art director & Graphic designer prepare layout

    For TV ad this layout is known as Storyboard(sequence offilm in still form)

    All members of writers & art directors work under thewatchful eyes of creative director

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    .

    . Art Directors:

    Responsible for look of the ad

    For print ad art director & Graphic designerprepare layout

    For TV ad this layout is known as

    Storyboard(sequence of film in still form)All members of writers & art directors work

    under the watchful eyes of creative director

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    Production Dept:

    Give the ad into actual shape

    Basically this dept is outsourced

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    The Role of Creative Boutiques

    Creative

    BoutiquesProvide Only Creative Services

    Full-Service Agencies May Subcontract

    With Creative Boutiques

    Provide Only Creative Services

    Full-Service Agencies May Subcontract

    With Creative Boutiques

    Other Functions Provided by the

    Internal Client Departments

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    . Creative Boutiques:

    Like: Vyas Gianneti Creative:

    Client: Aditya Birla Group, Godfrey Philips, BBCworld, ICL, Tata group

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    Media Specialist Company::

    These companies are specialize in buying ofmedia, particularly radio & television time

    They are specialize in analyze & purchase ofadvertisement time & space

    Receive good discount as they buy space & time in

    large amount

    Came in the main frame as the viewers have beenincreased dramatically.

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    .

    .Specialize in Buying Media, Especially

    Broadcast Time

    Agencies and Clients Develop Media

    Strategy

    Agencies and Clients Develop Media

    Strategy

    Specialize in Buying Media, Especially

    Broadcast Time

    Media Buying Can Be Specialized

    Media Buying

    Services

    Media Buying Organizations Implement

    the Strategy and Buy Time and Space

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    Agency Compensation:

    Agencies are typically compensated in three ways

    Commissions: Usually 15% & 2% in cash

    Some type of fee arrangement:

    Fee Arrangement

    Cost Plus Agreement

    Incentive based Compensation

    Percentage Charges

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    Evaluating Agencies:

    Basically the relation between client & agencies are

    depend on the performance, bt in some case it

    also long term prospect as well short term.

    Like:

    General Electric:: BBDO worldwide for (80 yrs)

    Marlboro:: Leo Burnett(50 yrs)

    McDonalds::DDB worldwide(37 yrs)

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    Reason for loosing Client:

    Poor performance or services:

    Poor Communication:

    Unrealistic demand by the client:

    Personality Conflict:

    Change in Size:

    Conflicts of interest of Clients:

    Changing strategy of client: