Archive for the 'Advertising' Category

Understanding the Different Methods of Offline Promotion




No business can survive the long run without some form of consistent advertising. As a result, most business owners will eventually consider using advertising to promote their business.

The toughest part of the advertising equation is in determining where and how to spend your advertising dollars. If you do it wrong, you could plunk down your entire advertising budget and receive absolutely no return on your investment. But, if you do it right, your advertising could continue to bring a nice return for years to come.

HOW DO I MAKE THE RIGHT ADVERTISING DECISIONS

In order to make good decisions concerning how to spend your advertising budget, you must first have a good understanding of the different types of advertising and promotion available and what can be expected to be achieved by each.

-You must understand which markets the different media’s can reach.

-You must understand the demographics of the media’s consumers.

-You must understand the buying habits of the consumers reached through the media.

WHAT OFFLINE ADVERTISING & PROMOTION MEDIA’S SHOULD BE CONSIDERED

The media’s that people think of most often are television, radio, newspaper and magazine advertising. Of course, these are the big boys that big businesses use regularly.

Other methods of promotion include trade shows, press releases, direct sales, telemarketing, word of mouth, branding and billboard advertising.

CONSIDERING THE BIG MEDIA OUTLETS

The big boys of advertising media’s generally cost big bucks. Given certain circumstances, the big media’s can be bought for very little money.

Take for example, television, radio and newspapers cost big bucks during their prime times, but can be bought for pennies on the dollar during non-primetime hours.

Television primetime is between 7pm and 10pm. Radio primetime is between 7am and 6pm. With newspapers, the primetime is Wednesdays and Sundays.

If you intend to hit a media during prime time, get ready to drop some bucks. Primetime means that you will be able to hit more consumers during these times. So, in most cases, a primetime buy will enable you to reach more people with your advertising.

Non-primetime hours can still deliver a lot of eyes and ears to your message, and sometimes, these off-hours can be bought for a bargain basement price.

GETTING MILEAGE FROM EVENTS

Trade shows and press releases are more event-driven. The trade show is the event, while the press release generally exploits an event.

Trade shows are an exceptional tool when you deal directly with potential sellers of your products or services. Other shows are directed at the consumer, and those can be very valuable avenues for sales as well.

The press release is aimed towards gaining attention for a business by distributing newsworthy information about the business.

Sometimes the appearance of a business at a trade show or other show can provide the necessary angle for a press release. But most often, a successful press release will actually require more noteworthy information than the appearance of a business at a show.

Yet, even the most mundane of information could be spiced up to give the real air of importance necessary to get your press release read and printed.

The great thing about a press release is that might permit you to get relatively inexpensive promotion on television, radio, newspapers and magazines; for far less than what it would cost you to buy advertising in those same outlets.

UTILIZING A SALES TEAM

Depending on what type of business you run and the consumers you are trying to reach, you might find direct sales and telemarketing to be very lucrative ways to drive sales to your business.

Both are very similar in nature. Direct sales can be very expensive, as it requires a great investment of time to accommodate. Telemarketing seeks to minimize the time expenditure, but it often leads to a smaller degree of respect and attention.

Depending on your product or service — and always depending upon the people you employ to the task — each method will be more suited to each business on an individual basis.

BRANDING YOUR BUSINESS

I grouped branding and billboard advertising together in my original list for a reason. I did this because billboard advertising serves most businesses best by helping to support the process of branding.

Branding is the process of establishing your business as the supplier of a certain product or service, or in emphasizing a certain USP (Unique Selling Proposition) as it pertains to your business.

If branding and USP seems to be a confusing concept, think about Wal-Mart and their tag line: “Always Low Prices, Always.”

Think about Ford Motors, “Quality is Job One.”

Think about the Visa Card, “It’s Everywhere You Want To Be.”

You see, these top corporations have managed to make their USP part of their branding.

Even if you are only competing in a local marketplace, your USP can and should fit snugly into your branding strategy.

NO MATTER THE MEDIA OR METHOD

Whichever method or media you should choose to employ in your advertising and promotion, you should become knowledgeable about your market, and the consumers reached by each media. It is important to understand which consumers can be reached by a certain media, and in what quantities.

However you choose to spend your advertising dollars, you should always track the results of your promotional efforts. Failing to track successes and failures will ultimately lead to the failure of a business.

When you know whom you are trying to reach and how you think you might be able to reach them, you will begin to learn how to use advertising and promotion to make your business successful. That is a good thing — after all, that is why you got into the business in the first place, right?


Archive for the 'Advertising' Category

AIDA and Dagmar – Models for an Advertising Agency




An ad agency or advertising agency is a business or service dedicated to planning, handling and creating advertising for clients. These agencies are independent of clients and provide their skills and views to sell client’s services or products.

Advertising agencies can also manage branding strategies, marketing and sales promotions for its clients.

For an advertising agency, it is very important to realize that they can increase sales with their effort. Truly speaking, advertising agencies are minds working on the other side of the internet to increase sales. For a person working as an advertising agent, it is very important to know about the buyer’s psychology.

Those who are working in an advertising agency should know about the various thought processes that go in the mind of a reader or a viewer, a potential buyer. This will definitely help to build your business better.

There are ample of theories to explain the process that goes in the buyer’s mind when he/she goes to purchase anything.

The process is not the same for each buyer and it is sequential.

One of the popular features followed by ad agencies is AIDA. AIDA is a acronym stands for:

A – Attention

I – Interest

D – Desire

A – Action

The AIDA model states that advertising agency should know how to draw attention of a buyer to get the customer interested by exhibiting its advantages, benefits and features. Interest is followed by desire. It is advertising agency’s duty to create a desire in a buyer to buy a specific product. All three steps of the AIDA policy will help you to stimulate the action towards the purchase of a product. AIDA theory guides and leads you to build a better advertising business. BIG B’s of advertising world have followed AIDA to generate good advertisement campaigns.

Another model called DAGMAR has now increasingly become more popular and comprehensive than AIDA. DAGMAR steps are more defined and easy to apply.

Term DAGMAR is an acronym for Defining Advertising Goals for Measured Advertising Results. According to DAGMAR, a sale must carry a potential customer through four stages:

I. Awareness

II. Comprehension

III. Conviction

IV. Action

Suppose you are having a service or product and your customer knows nothing about the product. As your client is unaware of the product, the first step is to make him aware of your product by posting advertisement regarding your product on respective websites.

Comprehension is the second step of DAGMAR. Try to know the answers to these following questions. a) What is your product about? b) What are product’s potential features and benefits of product? c) What will your customer get from your product? And how?

Answers to all these questions will help you to get a potential customer.

Next stage is conviction and this is very important. Convince your customer by telling him the benefits of your product. After convincing, your next step starts i.e. action, which is not controlled by you. You have to depend on the customer. However, your previous actions will have a major role to play.

If you have been able to convince, the customer ad have answered him satisfactorily and then you will definitely be the winner of the day.


Archive for the 'Advertising' Category

How to Purchase Vinyl Decals




Custom Vinyl Decals have long been an admirable way to personalize automobiles, trucks, boat, bicycles, and even trailers. From magnetic car signs, custom wall lettering, boat registration numbers, and even personalized graphic illustrations, you can either design your signage, or have a team of expert designers do it for you, and print your custom vinyl decal according to your needs.

On the Internet, by using popular search engines such as ‘Google and ‘Yahoo!’ you should come across vast listings of companies providing Custom Vinyl Decal Creations and Printing services. Vinyl Decals are effective solution to give your vehicle or boat a unique identity and an appealing makeover. Custom vinyl decals are also a great way to advertise your business. Custom Vinyl Lettering can be ordered to fit your specific vehicle.

Below are some of the factors you should consider before choosing a Vinyl Decals company:

• A good custom vinyl decals company should be able to provide a large variety of products and should welcome tailored orders. They should house everything from automobile decals, bumper stickers, rear window & windshield decals and also custom wall graphics. From design to print, the company should keep you up-to-date with all the progress they make, and ensure perfect fit and optimum quality when delivering your custom vinyl decal.

• Punctuality and reliability is a must. Make sure the company you are choosing for your custom vinyl decal provides fast on-demand design and printing at reasonable prices. On the average, custom vinyl decal companies deliver the tailored products to the customers within 3 working days after acceptance of the final proof. In the case of larger orders, the company should be willing to specify an approximate delivery date and should work with you to accommodate your special needs and keep you in sync with the whole process.

• Ensure that the company you are going with for your custom vinyl decals has a good reputation and is keen on providing guarantee custom decals and vinyl. Nowadays, there are numerous newbie companies entering the vinyl decals business, and not all provide good quality products. Although the life span of custom vinyl decals maybe hampered and shortened by bad weather conditions, you should be entitled to receive at least a limited one-year warranty against fading, peeling, or failure.

• If you are planning to design your own custom vinyl decal, go with a company which provides an easy user friendly interface in their software so that you can easily sketch up a sample. You can further enhance your design with the help of the expertise designers available, who should be keen on helping you by producing the final design. You should also be able to upload or import your own images and illustrations to their software or design computer.

• Installation of Vinyl decals can sometime be a hassle. Try to find a company who would either install the vinyl decal for you, or supply you with necessary additional products such as adhesive, covers etc. and step by step installation guide, so that you can easily install your own Custom Vinyl Decal.

Choose wisely….

Best of Luck!