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Answer» The objectives of advertising are: - To influence the behavior of prospective buyers favorably towards the product or service of the firm.
- To inform the people about the introduction of the new product/service in the market.
- To create the demand for the new product and to maintain the demand for an existing product.
- To support a personal selling program.
- To enter a new market or attract a new group of customers.
- To bring an awareness among consumers about the existence of duplicate products.
- To create brand preference and loyalty.
- To fight against competition in the market and thereby increase sales.
- To improve the market share for the firm’s product.
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