Wednesday, April 7, 2010

Benefits of Advertising


1. Economic Benefits of Advertising: Advertising can play an important role in the process by which an economic system guided by moral norms and responsive to the common good contributes to human development. Advertising can be a useful tool for sustaining honest and ethically responsible competition that contributes to economic growth in the service of authentic human development. Advertising does this, among other ways, by informing people about the availability of rationally desirable new products and services and improvements in existing ones, helping them to make informed, prudent consumer decisions, contributing to efficiency and the lowering of prices, and stimulating economic progress through the expansion of business and trade. All of these can contribute to the creation of new jobs, higher incomes and a more decent and humane way of life for all.

2. Cultural Benefits of Advertising: Because of the impact advertising has on media that depend on it for revenue, advertisers have an opportunity to exert a positive influence on decisions about media content. This they do by supporting material of excellent intellectual, aesthetic and moral quality presented with the public interest in view, and particularly by encouraging and making possible media presentations which are oriented to minorities whose needs might otherwise go unserved. Moreover, advertising can itself contribute to the betterment of society by uplifting and inspiring people and motivating them to act in ways that benefit themselves and others.

3. Moral and Religious Benefits of Advertising: In many cases too benevolent social institutions, including those of a religious nature, use advertising to communicate their messages - messages of faith, of patriotism, of tolerance, compassion and neighbor service of charity toward the needy, messages concerning health and education, constructive and helpful messages that educate and motivate people in a variety of beneficial ways.

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