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Summary MKTG201 Assignment 1.docx MKTG201 Advertisements and Marketing American Public University MKTG201, Fundamentals of Marketing Advertisements and Marketing When a company is advertising its product, they are relaying a message and broadcasting it $7.49   Add to cart

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Summary MKTG201 Assignment 1.docx MKTG201 Advertisements and Marketing American Public University MKTG201, Fundamentals of Marketing Advertisements and Marketing When a company is advertising its product, they are relaying a message and broadcasting it

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MKTG201 Assignment MKTG201 Advertisements and Marketing American Public University MKTG201, Fundamentals of Marketing Advertisements and Marketing When a company is advertising its product, they are relaying a message and broadcasting it to their audience to purchase this product. When ...

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  • September 3, 2021
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MKTG201
Advertisements and Marketing


American Public University

MKTG201, Fundamentals of Marketing


Advertisements and Marketing

When a company is advertising its product, they are relaying a message and broadcasting

it to their audience to purchase this product. When making an ad, there are different components

at work, creating, communicating, delivering, and the four P’s approach (product, promotion,

place, and price). Two advertisements that are well known are Budweiser and Dunkin’ Donuts,

and they both draw in similar audiences but with different messages and products. While both

advertisements may different with exactly what the consumer needs, they may be what they

want, and with enough advertising and convenience, the consumer is tempted to buy. When

marketing an ad, as a consumer, we look for something eye-catching, if it is something we need

or want, if it relays a message we can relate to, and if the price and convenience are there,

consumers are more tempted to buy this product.

Creating, communicating, and delivering are vital components when it comes to

marketing. While these terms are like the four Ps, product, promotion, place, and price, they are

quite different since the four Ps are nouns. The four Ps were introduced in the 1950s and were

the traditional marketing approach and focuses on delivering value to its customers and keeping

their customer's content. According to Suarez-almazor(2011):

As in traditional marketing, the development and implementation of social marketing

programs is based on the four P's: product, price, place, and promotion, but it also

incorporates the partnership and participation of stakeholders to enhance public health

and engage policymakers (para. 1).

The value approach to marketing, creating, communicating, delivering, and exchanging, is all

verbs and focuses on creating the product.

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