Advertising executives
Your company has five products to advertise:
- small, plastic, three-wheel car (capable of carrying the driver and one passenger)
- toy tool sets for little girls, for working with wood
- very expensive, plastic jewelry (it might be a designer label product)
- disposable paper clothes (wear them and throw them away)
- hot air body drier (instead of towels for use after a bath or shower
You have three budgets for each product:
£ 1 million for media advertising £500,000 for poster advertising
£200,000 for a publicity event
You must think of the best way to spend your budget and the type of advert that you would use for media or posters. What would your ads be like? Media advertising costs | | National TV | national radio | day £20,000 | day £10,000/minute | evening £40,000 | evening £5,000/minute | national daily newspapers | national monthly glossy magazines | full page £20,000/minute | full page £40,000/minute | half page £10,000 | half page £20,000/minute | quarter £5,000 | quarter £10,000 | small £2,000 | small £5,000 |
You also need to think of a publicity event that would catch people’s attention, e.g. using a celebrity to do something with your product. |