1. The chapter discusses the history and key concepts of advertising, including its functions to help sell products, educate consumers, and display opportunities in a free market society.
2. There are various types of advertising targeting different audiences like consumers, businesses, and geographically. Full-service agencies handle the entire advertising process for clients while media help reach audiences across dimensions of reach, frequency, selectivity, and efficiency.
3. Research and evaluating campaigns is important. New forms of advertising are emerging with digital media and viral videos that can spread messages widely at low cost through sharing online.