What is Corporate Advertising?
Corporate advertising is a promotional strategy that is designed to not only interest consumers in products and services offered by the company, but also to cultivate a positive reputation among consumers and others within the business world. The focus of corporate advertising is on the company itself, with the attention to the products produced by the corporation being a byproduct of the advertising effort. This type of corporate marketing is often employed along with advertising campaigns that are directly focused on the goods and services produced by the company.
The main function of corporate advertising is to generate and enhance a sense of confidence and appeal among vendors and consumers. Depending on the exact nature of the corporate marketing approach, the advertising may also be developed with an eye of enhancing the reputation of the company among its peers in a community or within a given sector of the marketplace. In any application, the idea is to build the most agreeable public image for the corporation as possible.
It is not unusual for a company to engage in corporate advertising as a means of dealing with some incident or factor that has damaged the reputation of the company. Factors may include unsubstantiated claims made about the business practices of the company, or some aspect of the quality of the products produced by the corporation. Corporate marketing campaigns may also help to restore consumer confidence when a takeover or merger involving the company takes place. From this perspective, a well-crafted campaign is a powerful tool for use in damage control situations, and may be capable or restoring confidence after the public perception of the business has been tarnished in some manner.
While corporate advertising does include some mention of company products, the object of this type of advertising is not directly aimed at generating sales. Instead, corporate ads focus on the strength and reliability of the company as a whole, the integrity that the business employs in all its business relationships, and how the company seeks to better the circumstances of the geographic locations where it operates. As part of this process, it is not unusual for one or more of the leading products to be mentioned, but there is usually no mention of pricing or upcoming discounts of products found within corporate advertising campaigns. Those are left to product advertising efforts that focus specifically on the goods produced for sale.
As annoying as corporate advertising is, I can never turn down free things. The one time it does annoy me, though, is at the doctor's office when everything has different medication names on it. It makes me question if the doctor really is unbiased in presciptions.
I see many names of companies that sponsor events. For example, the Bank Atlantic arena or the American Airlines Arena allows the company name to be said repeatedly when people are going to these events causing the companies name to be on the consumer’s mind more often.
This advertising can be costly. Many of these agreements run into the multimillion dollar price tag.
I personally like the promotional mugs and cheap promotional pens and promotional bags. It is really fun to get this promotional merchandise.
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