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IncredibleArticles.com - Advertising - MultimediaIs Your Advertising Working Hard Enough for You?by Incredible Articles - Last Modified: 12/04/2007 s a small business owner, every dollar you spend is a dollar that comes right out
of your pocket and affects your profit margin, especially when you're trying to
grow your business. If you're going to succeed, you have to pay close attention to
your bottom line and look for creative, innovative ways to cut costs while still
getting what you need.
That old saying that it "takes money to make money" has never been truer than when
it comes to promoting your business.
So when it comes to spending money on advertising, how do you make sure that your
advertising is working hard enough, without spending a fortune?
Thanks to the Internet, you've got lots of options for finding cost-effective
advertising that does what it's supposed to -- bring targeted customers who are
hungry for what you're selling, right to your door. But don't forget about
cost-effective offline methods as well.
Here are a few ideas to help you get started:
Focus your advertising dollars on your target market. The tighter your niche, the
better your chances of finding the customers who are looking for exactly what
you've got to sell! So rather than going wide, and trying to sell to everyone,
narrow your focus, and then, if possible, narrow it some more! Figure out who your
"ideal" customer is, and then create an advertising campaign for them. Once you
know who you're selling to, look for media that targets that demographic.
Depending on your product or service, think community and neighborhood newspapers,
high school sponsor advertising, chamber of commerce directories, etc.
If your ideal customers aren't defined by a specific geographic location, look at
regional or specific demographic publications. Perhaps a regional paper runs an
annual issue that focuses on an issue or activity that reaches your target market.
Use local cable television to broadcast your ads only in certain markets. You'll
get cheaper rates and a more focused demographic.
Always ask for a discounted rate. (Many publications offer an "agency" discount of
up to 15 percent. If you are acting as your own in-house advertising agency, you
might qualify for the special rate.
Some monthly magazines offer discounts for multi-ads placed over a 3, 6 or 12
month time period. Most publications have a different rate schedule for different
types of advertisers -- so depending on your product or service, you could
qualify. And if not, sometimes just asking for the discount will give it to you.
Buy leftover space or airtime. This is advertising that the publication, radio or
television station hasn't filled by their usual deadline. Of course you'll have to
take the spots that are available, but again, depending on your business and the
product or service you're selling, that inconvenience could still be worth the
discount and the exposure you'll receive.
Use classified ads. They're not just for employment offers any more. You'll find
classified ads in magazines and newspapers. Before writing your ad, go to your
local library, and look through the back issues of the magazine or newspaper that
you're considering. Look at the ads that catch your eye, or that are repeated
month after month. Those ads wouldn't be in there each month, if they weren't
making the advertiser money. Use those ads as springboards for ideas when you're
ready to start writing your own classifieds.
Test your ads. Start out with the cheaper publications, so you can find out what's
working and what's not. Play with them, and tweak them. Once you've got an ad that
works, keep using it. You can run it more than once, or in more than one
publication at a time. When it quits bringing in customers, or you start noticing
a drop in effectiveness, then it's time to change it.
Do you own a retail business? If so, check into co-op advertising funds that may
be offered by your vendors. Co-op programs provide joint advertising for your and
your vendor, and you'll get a portion of the cost of the ad reimbursed because the
ad mentions the vendor. (Note: most Co-op programs have strict guidelines, so
check with your vendors and make sure you're following the rules).
Barter for goods and services. This can be especially effective with radio
stations and local papers. See if you can provide your products or services in
trade for the cost of advertising. (Also called "trade" or "In-kind" ads, the
radio station or publication gives you the ad in exchange for products or services
of equal value, and then uses those products or services as part of a promotion or
contest for their listeners or readers). This can also be a great way to get
additional free publicity, so if you decide to try this method, get creative and
think outside the box!
Reuse your ads in other advertising medium. If you've got an ad that's especially
effective, or looks great, reuse it in a circular, brochure, handout, flyer or
direct mail piece. Use the graphics on your Webpages.
Finding a healthy mix between online and offline advertising, looking for ways to
extend your reach and your advertising dollar, and cutting costs creatively will
help you ensure that your advertising is working hard for your success.
About the Author
William McRand Sr: http://douglas4.freegoogle.hop.clickbank.net/ is into internet marketing (Affiliate Programs). He has taken his love of marketing and developing web sites to the top in his internet marketing business. Business, that offers information of marketing to others.
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