Are Advertising and Marketing Two Different Things?

When you hear the words Advertising and Marketing, what do you think are the two words the same? Generally, people consider both terms the same, and are often used synonymously. However, the truth is different which means the truth is that these terms are quite different.

To clearly define both concepts, one needs to create a productive conversation around the topics. A clearer mind on the difference between Marketing and Advertising concepts will help individuals understand and empower them to make more accurate and sound decisions during meetings and running projects. In this blog post, we will delve into the dynamic concepts of Advertising and Marketing and try to understand the basic differences between the two.
 

What is Marketing
 

Marketing is the running process that ensures that your services or products are reaching your target market or audience. Attracting attention in a competitive market by acquiring and retaining customers is itself a daunting task. This makes Marketing a key changer and a very important process.

The marketing process starts by creating awareness and familiarity of your brand and services to your target audience. Marketing continues to bring up potential customers through several online and offline campaigns until they convert into paying customers. Effective marketing involves providing post-sales support and taking care.

It becomes very clear that marketing is a broader concept than advertising. Advertising can be seen as a subset or a branch of marketing and one of its most important tactics. Advertising comprises a number of activities that ultimately support the main goal of marketing. The motive behind advertising is to increase visibility and also it appeals to customers for revenue growth.

However, before jumping into advertising, it is mandatory to engage in a range of marketing activities such as branding, market research, positioning, pricing, and more.

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The Marketing Mix

Being a wider term, Marketing will indicate several fundamental aspects of building and running a business. According to Neil Borden, an esteemed Harvard professor in the domains of Marketing and Advertising, It helps in decision-making in any business in any business domain.,

The Business Mix is further divided into 4ps:

• Product: Products or services that your organization delivers or offers, address the specific needs and desires of your ideal audience.
• Price: Price helps in dictating the profit of your business on the grounds of how much customers will pay your business to get your product or services.
• Place: access of customers to your business to get your services or products including retail or sellers, franchising, distribution, and others plays a crucial role in the growth of your business. Easy access for customers to your business will ultimately help your business to grow with more liquidity. 
• Promotion: Here is the point where advertising comes into play. Promotions ensure that your products or services reach the broader crowd and your business will get an ultimate profit.
  Since past years, the 4Ps have upgraded to 7 Ps:
• People: People are one of the most important aspects of any business. Every business requires qualified, competent, and experienced people to deliver the services of your business to its customers.
• Process: your business should have a structured operating system that people of your business should follow to deliver to customers what exactly they want when they purchase your products or services.
• Physical evidence: If you work in an advertising agency, the physical evidence could be the impact your campaigns have on your clients' sales figures. If you’re an advertising agency, the physical evidence could be the impact your campaigns have on your clients' sales figures.
   

What is Advertising

As mentioned above, Advertising can be considered a subset of marketing because, all advertising activities including native ads, search ads, YouTube ads, CTV ads, social media ads, and even podcast ads will ultimately support your marketing efforts.

Advertising encompasses all paid forms of marketing. While organic social media can be considered a type of advertising, traditional advertising typically requires payment for ad placement, whether it's on television, in print media, or more commonly online.

Several different ways of advertisement can be used to build a brand’s image, to promote a sale, a discount offer, a product, or collection, etc. Digital advertising provides a critical edge of advantage with the ability to track ad clicks and conversions, get customer data, and use the data for optimizing your future advertising campaigns.
 

Purposes of Advertising:

There can be a number of impactful purposes for advertisement, however, a few are listed below:

• Advertising helps businesses boost their reputation in today’s competitive market.
• Advertising helps the customer know that their unmet needs and desires can be fulfilled by your products or services.
• It assists businesses in building customer pipelines with lead generation.
• Relevant audiences will be aware of your product or service through different channels such as social media, YouTube ads, Google ads, CTV ads, etc.
• Advertising helps your businesses highlight your products or services with storytelling tactics.
   

Key Differences Between Advertising and Marketing

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