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@Business.Upside · Posted 19 Jan. 2021

The major advantages of advertising are, that it introduces a new product in the market, it helps in the expansion of the market, it increases sales of an advertised product, helps in fighting competition, it enhances good-will, it educates the consumers about the advertised product, elimination of middlemen, better quality products, supports the salesmanship, increases employment opportunities, reduction in the prices of newspapers and magazines, indirectly helps in a higher standard of living.