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Advertising effectiveness helps brands determine if their ads are hitting the mark with their audience, and whether they're getting the best returns. This enables them to measure the strengths, weaknesses and ROI of specific campaigns, so they can adjust accordingly.
It acts as a Safety measure: Measuring advertising effectiveness helps in finding out ineffective advertisement and advertising campaigns. It facilitates timely adjustments in advertising to make advertising consumer oriented and result oriented. Thus waste of money in faulty advertising can be avoided.
Reach and RECENCY MATTER For many years, marketers have used recency theory (the belief that ads are most effective when they appear immediately before consumers are predicted to make a purchase) to gauge when to run their ads.
Advertising effectiveness refers to an evaluation of the extent to which a specific advertisement or advertising campaign meets the objectives specified by the client. There is a wide variety of approaches to evaluation, including brand preference measures, inquiry tests, recall tests, and market tests.
Pre-test and Post Test: Pre-test implies testing advertising message before it is sent to specific media. Communication and Sales Effect Test: Communication test measures communicability (ability to communicate) of the message. Laboratory and Field Test: Experimental and Survey Test: Message and Media Effect Test:
Monitor traffic. Assess how an ad campaign affects sales. Code your coupons. Offer incentives. Track phone orders. Analyze site traffic. Understand key advertising metrics.
ReachThe number or percent of different homes or persons exposed at least once to an advertising schedule in one or more media vehicles over a given period of time. FrequencyThe average number of times that the household or person is exposed to a media vehicle, schedule or campaign over a given time period.
Management by objectives. This is probably the most common way to measure employee performance. Use rating scales. Ask staff to rate their own job satisfaction. Track digital trails. Team performance. Peer appraisals. External evaluators. Quantity and quality.