Advertisements allow companies to differentiate themselves and highlight their unique selling points’. Do … Give reasons in support…
Yes, advertising stimulates competition in the market place. It helps the companies to show its worth and quality of products in front of the prospective buyers.
(i) It informs potential customers about a product and assures them about its quality and features.
(ii) It is the most attractive and forceful promotional tool.
(iii) It is an economical mode of communication, by which companies reach the masses.