To many people, it may seem there is no difference between advertising and marketing. Both share common goals – to raise awareness or visibility of products or services for consumers to buy. Indeed, many marketers and advertisers use the terms interchangeably. However, despite being related, the two have some differences.
In this post, we’ll look more in detail at what each one is and the key marketing and advertising differences. And if you would like to explore each one further, or are thinking of a career in these sectors, you should consider a programme such as Degree in Advertising or a Master in Marketing at Universidad Europea.
In short, marketing is the process of making sure a product or service are compelling for consumers to buy. It includes various aspects such as product research, value propositions, finding out more about the type of customer or audience, and the pricing levels of each product or service. It is probably the broader of terms between marketing and advertising, and involves many stages before something is even brough to market.
Indeed, before any product is launched, a marketing strategy is defined. And in every marketing strategy, the very basic elements need to be covered – Product, Place, Price, and Promotion. They are known as the 4 P’s.
Advertising can be considered as a subset of marketing. It includes actions that raise awareness of a product or service to an audience. These actions can take place online, such as social media ads, sponsored posts, and ads on Youtube. And it also covers offline activities such as billboards, and posters.
A variety of media are used in effective advertising campaigns to create excitement around a product. Advertisers might utilise Instagram, Twitter, and other social media sites, for instance, to market a product aimed for a younger demographic. Other customer groups might react to radio, television, and print advertisements more favourably. In order to find the best combination for attracting the correct audience, advertisers must experiment with media placement. Marketers must also communicate frequently if they want their campaigns to stand out in a media environment that is extremely crowded.
Now that we have defined what each one is, let’s take a look at the main differences between the two terms.
We hope that this post helps to understand the main differences between marketing and advertising. There are of course many other differences – this is just the starting point. If this area is something of interest to you, check out the programmes available in Marketing and Communication at Universidad Europea.