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Question
Suggest any five ways society benefits from advertising.
Answer in Brief
Solution
The ways by which the society is benefited from advertising are as follows:
- Educate the Consumers: Advertisements teach consumers about new uses for current products. It familiarises clients with new items and their various applications.
- Better quality product: A branded product ensures that consumers receive standard quality. Advertising drives producers to make higher-quality items under various brand names.
- Increasing Consumer’s Satisfaction: Advertising improves consumer pleasure by offering higher-quality products at lower prices.
- Making Purchase Easier: Advertising informs consumers about product availability, costs, utility quality, and relative merits.
- Goods at Reduced Prices: Advertising develops a large market for the goods. It leads to increased sales volume. Large-scale production helps to reduce production costs.
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Importance and Merits of Advertising
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