![]() Financial Daily from THE HINDU group of publications Thursday, Nov 03, 2005 |
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Marketing
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Advertising `Outdoor ads, second best medium' Our Bureau
BANGALORE: Besides television and radio, the next best way to reach your consumer is through innovative outdoor signs, says a study in promotional marketing by ad agency Mudra's Kidstuff Promos and Events. According to the survey, 76 per cent of the respondents said TV/radio is the ideal medium for announcing a new promotion. This was followed by 39 per cent, who said outdoor signs reach out to them more; while 27 per cent felt word-of-mouth was effective. Respondents informed about campaigns by friends and relatives as well as shopkeepers in their locality, said a company release. Mr Madhukar Kamath, Managing Director and Chief Executive Officer, Mudra, said, "Consumer promotions are an integral part of a company's marketing plan. Several marketers, across different product categories, are using promotional campaigns, to break through the clutter and reach their target audiences. The Promo Survey 2005 is an endeavour to help marketers understand how promotions work and devise better, more effective campaigns." The survey also showed that an ideal location, such as a local grocery store, could go a long way in targeting consumers. Marketers also use cinema houses/multiplexes and shopping malls to reach out to their prospects.
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