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Belch: Advertising and<br />

Promotion, Sixth Edition<br />

IMC PERSPECTIVE 22-4<br />

VII. Special Topics and<br />

Perspectives<br />

22. Evaluating the Social,<br />

Ethical, & Economic<br />

Aspects of Advtising &<br />

Promotion<br />

The AAF Promotes the Value of Advertising<br />

The advertising industry in the United States continually<br />

promotes the value of advertising. Major advertising<br />

associations, such as the American Association of<br />

Advertising Agencies (AAAA) and the American Advertising<br />

Federation (AAF), along with trade associations<br />

for various media, such as the Magazine Publishers of<br />

America, often run campaigns reminding the general<br />

public of advertising’s contributions to the economy<br />

as well as to consumers’ social well-being. However,<br />

sometimes the industry must also remind advertisers<br />

themselves of the value of advertising.<br />

In 1998 a nationwide survey of 1,800 top corporate<br />

executives revealed that modern business fails to<br />

appreciate the true value of advertising. Although<br />

advertising was valued, the survey showed that executives<br />

do not truly appreciate its strategic capacity and<br />

that the industry’s knowledge of consumers was not<br />

fully understood. Of the marketers surveyed, 27 percent<br />

indicated that advertising would be among the<br />

first budget items cut in a sales downturn. Concerned<br />

by these results, the American Federation of Advertising,<br />

which is the advertising industry’s primary trade<br />

organization, decided to take action to change the way<br />

advertising is viewed by companies. The AAF is a unify-<br />

© The McGraw−Hill<br />

Companies, 2003<br />

ing voice for advertising and serves as a home base for<br />

advertisers, agencies, media companies, direct marketers,<br />

online publishers, and many other specialties<br />

that constitute the advertising industry.<br />

The AAF decided that the best way to get marketers<br />

to recognize the value of advertising was to practice<br />

what it preaches, and thus an integrated marketing<br />

communications campaign was developed to redefine<br />

advertising in the eyes of corporate executives. The<br />

campaign is targeted at the “O’s”—CEOs, COOs, CFOs,<br />

and CMOs—who are responsible for establishing and<br />

maintaining budget levels for advertising. The theme<br />

of the campaign is “Advertising: The way great brands<br />

get to be great brands,” and it cautions corporate<br />

America not to neglect brand development. In today’s<br />

business environment and time of economic challenge,<br />

the campaign stresses that advertising is more<br />

important than ever and plays a very significant role in<br />

building brand equity and profits.<br />

The “Great Brands” campaign broke in October<br />

2000 and initially was run in national newspapers such<br />

as The Wall Street Journal, USA Today, and New York<br />

Times; financial magazines such as Forbes and Fortune;<br />

and leading trade magazines such as Advertising<br />

Age, Adweek, Mediaweek, Brandweek, and Brand Marketing.<br />

The campaign featured successful brands such<br />

as Altoids, Intel, Coca-Cola, Energizer, Budweiser, and<br />

Sunkist. In early 2002 the campaign moved to television<br />

with the premier of two TV commercials. The 15second<br />

spots feature the Coca-Cola and Intel brands.<br />

All media time and space for the campaign are<br />

donated; since it began, more than $4 million worth of<br />

media coverage has been given to run the ads. The creative<br />

work for the campaign is also done on a pro bono<br />

basis, by the Carmichael Lynch agency.<br />

The AAF president and CEO, Wally Snyder, notes<br />

that the Great Brands campaign is a way to illustrate<br />

the economic power of advertising by featuring companies<br />

that are synonymous with quality advertising<br />

and for which advertising has played a critical role in<br />

building brand equity. His goal is to make sure that<br />

other marketers get the message regarding the value<br />

of advertising.<br />

Sources: “AAF’s ‘Great Brands’ Campaign Moves to Television,”<br />

press release, AAF News, Jan. 29, 2002; “Advertising. The Way Great<br />

Brands Get to Be Great Brands,” Great Brands Q&A, www.AAF.org.<br />

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