Advertising is a paid message designed to make consumers buy a product or service.
Kinds of Advertising
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It is estimated that one hears/sees over 500 ads per day. Despite the pervasiveness of advertising, a majority of people believe that advertising does not affect them.
However, advertising is a business and companies spend billions of dollars on advertising products and services. Super Bowl advertising is a case in point. Did you know that about two decades ago, the Super Bowl pregame show aired about an hour before the game? In the 80's this moved to 2 hours, then to 31/2 in the 90's, and in the new millenium the super Bowl pregame show is an all day affair. The popularity of Super Bowl and the hype generated around it is lucrative ground for advertisers. Marketers are anxious to purchase a spot and apparently at any price. Slots could be sold for $60,000 to close to $2 million for slots closer to game time. Why the enormous rates?Why do companies spend so many dollars on advertising? They are convinced that advertising works; advertising increases sales.
Read the following 1999 Super Bowl articles which examine the costs, companies, and initiatives behind advertising for the Super Bowl:
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