4 Ways To Supercharge Your Media Advertising
If you understand the concept that advertising is a multiplication of a selling conversation, then the basic ingredients of advertising media are easier to grasp. First, there must be an audience. A newspaper printed as a single copy could not function as an advertising medium unless the single copy were passed from person to person to create a worthwhile audience. (In that case, the advertiser probably could go from one individual to another and be more effective while reaching at least as many prospects in the same amount of time). A potential advertiser will require evidence that an audience does exist, and will want to know the size and location of the audience, as well as other characteristics.
The second ingredient on which an advertising medium can be evaluated is its acceptance in the marketplace. Acceptance is related not only to the total number of customers in an audience, but also to the composition of that audience as compared to the target audience of the advertiser.
In addition to an audience’s acceptance and size, the medium also must have a usable frequency of exposure. Most retailers and other local business establishments rely on their advertisements’ reaching potential buyers regularly, some even several times daily. A medium with a once-a-year or even a once-a-month frequency might deserve nothing more than a very small part of a retailer’s advertising budget. Remember, one way advertising functions is by repetition; a commercial message increases in audience awareness after more than one exposure.
Various advertising media will be examined from the standpoint of these three basic ingredients: the audience (coverage) each enjoys; the acceptance (impact) of the medium on the audience; and the ability to expand its initial impact by being available more than once or twice in a particular time frame (frequency).
Direct Mail
We would be remiss not to mention the U.S. Postal Service and its ability to deliver your advertising message. The direct mail advertising message can be highly personal and powerfully effective. You know how saturated your home mailbox is with nothing to buy contests giving you chances to win new houses, cars, world cruises and big checks for every month as long as you live. While there is no obligation for you to buy anything, there is always something available for sale subscriptions, books, records, videos, personal products, real estate usually at discounted prices. The give-aways are possible only because enough people are tempted by what is available, and what they buy can be traced to direct mail advertising. In almost every business there is an opportunity for increased business through intelligent use of direct mail advertising.
Because the per-piece cost of direct mail is much higher than most forms of print, it must be used carefully, selectively and efficiently. Mailing lists are difficult to prepare, expensive to buy and are partially obsolete the day after they have been completed. Because people die, move away or get mad at you at an alarming pace, keeping an accurate mailing list is not easy. Still, direct mail can be an efficient way to deliver a sales message to a
specific target audience. If your audience is composed of doctors, lawyers, dentists or school teachers, for example, only direct mail offers you the chance to direct your ad to that target audience with no waste circulation.
Direct mail also makes couponing and sampling practical. It can help isolate advertising response to one segment or another and compare returns in one area with those in another.
The most critical part of any direct mail program is the mailing list. Keep a list of all your customers, either by asking them to fill out a mailing list card or by taking their names off the checks you receive each day. Hold contests to get your customers to fill out an entry form. As your list grows, you may need to buy a computer or hire a mailing firm to keep the list current and to prepare mailing labels.
Magazines
Print media also include magazines. While most national magazines are not practical as an advertising medium for local businesses, some local magazines may be. City magazines are now published in hundreds of cities and towns. They may look as sophisticated as their national counterparts, and they are edited to local tastes. They use color, photography and professional writing and editing to create high-interest stories about people, places and things. They frequently are distributed free to certain people on special lists restricted to higher income families. In this way they can reach relatively exclusive audiences, but the frequency of publication (usually monthly) restricts their use as a basic medium.
Many regional and national magazines include classified ad sections that may be useful for promoting the availability of a catalog or for selling individual products. The advantage of magazines is that they have highly defined readerships that allow you to focus on specific market niches. If, for example, you run an ad in a boating magazine, you can be fairly sure the people who subscribe either own a boat or are looking for one. The Standard Rate and Data Service (SRDS) publishes a complete listing of all the magazines that serve particular market interests; it is available in the business section of most libraries.
Brochures
For many small businesses, a printed brochure may be helpful to establish credibility and tell your story in more detail. Computer type setting and laser printing have reduced the cost of producing a brochure. Free layout help is available at many copy centers. You can keep your costs down by using standard 8.5 x 11 inch paper and by using a triple-fold design that will fit into a standard business envelope.
Other Local Print Media
Don’t overlook drop-point media such as booklets available for free pickup in high-traffic areas like convenience stores, banks and motels. These may include guides to local television programs, listings currently available from real estate firms, entertainment or sporting events. Evaluate each booklet on its ability to provide enough value to justify using it.
Abe Cherian
CEO, Multiple Stream Media, LLC
3 Responses to “4 Ways To Supercharge Your Media Advertising”
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magazine subscriptions » 4 Ways To Supercharge Your Media Advertising on 13 Oct 2007 at 7:32 pm #
[…] came across this post - 4 Ways To Supercharge Your Media Advertising - and thought it was worth sharing. I hope you find it interesting too and take the time to read […]
Karoly Domonyi on 15 Oct 2007 at 11:09 pm #
Just a note to let you know I have not seen anything as comprehensive and helpful as this site.
Best Regards,
K. Domonyi
info@aries.hu
Hungary
www.Aries.hu
MsMedia on 16 Oct 2007 at 12:18 pm #
Hi Karoly,
hey thanks for your comment. Loved the gypsy kings music on your website… Kept me on the site for a while.
By the way that gives me an Idea for a good blog post. “Music on websites - good or bad for selling?”
Abe