Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Essay

BTEC Business Unit 9, Creative Product Promotion M2 (Explain the advantages and disadvantages of using professional agencies in ensuring promotional success)

Rating
3.7
(3)
Sold
3
Pages
7
Uploaded on
01-05-2016
Written in
2014/2015

BTEC Business Extended Diploma Unit 9, Creative Product Promotion M2 This is the complete version of the coursework assignment, which has already been marked and approved by a teacher. P1 P2 P3 P4 P5 P6 M1 M2 M3 D1 D2 (Explain the advantages and disadvantages of using professional agencies in ensuring promotional success)

Show more Read less

Content preview

Unit 9: Creative Product Promotion M2




M2




Unit – 9 (Creative Product
Promotion)
BTEC National Diploma In Business Level 3




The Date
Author: Your Name
Your Teacher




1

,Unit 9: Creative Product Promotion M2


Unit 9 Creative Product Promotion
To:
From:
Date:
Ref:

On completion of this unit I should:

1) Know the constituents of the promotional mix.
2) Understand the role of promotion within the marketing mix.
3) Understand the role of advertising agencies and the media.
4) Be able to create a simple promotional campaign.

Task 3:
a) Explain the advantages and disadvantages of using professional agencies in ensuring
promotional success.


1.0 Terms of reference
In this report I have been asked explain the advantages and disadvantages of using
professional agencies in ensuring promotional success. I will use the Internet, Moodle and my
Business Textbook to collect information for this report.




2

, Unit 9: Creative Product Promotion M2


The advantages and disadvantages of using
professional advertising agencies and in-house
teams to McDonalds
In-house advertising is a system of product or service promotion that is executed by
members of that product’s or service’s organisation rather than an external advertising
agency. The extent of these internal and external advertising functions varies; some
businesses attend to every aspect of the advertising process internally, while others maintain a
partial dependence on outside agencies. McDonalds for almost 30 years now prefers to
employ external advertising agency, for instance its recent Christmas campaign was
promoted and advertised by Leo Burnet’s group. But eventually both: internal and external
advertising employment has its advantages and drawbacks.

2.0 Advantages
 McDonalds in-house team

Organisations that choose to market their own products usually establish an in-house
advertising department, depending on the size, budget, and advertising goals of the business,
this department can range from a single employee to a full team of market researchers, media
buyers, and creative professionals. The functions of an in-house advertising department can
also vary depending on the needs and capabilities of the firm.

The primary benefits of in-house advertising to McDonald’s promotional campaigns are the
control it affords and the savings it can allow. Unlike outsourced advertising agencies, those
that operate internally maintain sole authority over the way their product is presented. Unlike
using an advertising agency, in-house advertising department allows McDonalds to control
and encompass everything from a product’s packaging to the places its advertisements are
seen. Moreover, creating an advert in-house allows the McDonalds to avoid high financial
expenditures for employment of another company, which is charged by outside agencies.

Another advantage of having internal advert agency to McDonalds rather than external is
privacy marketing strategies secrecy, in other words: all the marketing strategies objectives
and aims are kept within the organisation, which makes McDonald’s competitors unfamiliar
with its promotional campaign, which in turn gives a competitive advantage.

 McDonalds professional advertising agency

Despite those advantages offered by in-house team, in many cases advertising agencies can
be far more cost effective overall for established businesses like McDonalds due to the
advantages they can offer.

Typically, well-established brands look to specialist agencies for their creative advertising
needs and appoint them based on their pitching prowess. Businesses often feel more
comfortable and confident in choosing an agency with a proven track record of success and

3

Document information

Uploaded on
May 1, 2016
Number of pages
7
Written in
2014/2015
Type
ESSAY
Professor(s)
Unknown
Grade
Unknown

Subjects

£3.98
Get access to the full document:
Purchased by 3 students

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Reviews from verified buyers

Showing all 3 reviews
6 year ago

I would lokk a full refund as i did not download this essay and it was not suitable for what I was looking for thanks!

9 year ago

9 year ago

3.7

3 reviews

5
2
4
0
3
0
2
0
1
1
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Comandante Northern College
View profile
Follow You need to be logged in order to follow users or courses
Sold
718
Member since
10 year
Number of followers
432
Documents
129
Last sold
3 year ago

3.6

276 reviews

5
82
4
77
3
65
2
15
1
37

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions