| Jan 13 |
Archive for the 'Advertising' CategoryUnderstanding the Different Methods of Offline PromotionNo 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? |
| Nov 23 |
Archive for the 'Advertising' CategoryHow to Purchase Vinyl DecalsCustom 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! |
| Nov 18 |
Archive for the 'Advertising' CategoryAdvertising Industry Business InformationAdvertising Advertising is a non-personal form of promotion that is delivered through selected media outlets that, under most circumstances, require the marketer to pay for message placement. Advertising has long been viewed as a method of mass promotion in that a single message can reach a large number of people. But, this mass promotion approach presents problems since many exposed to an advertising message may not be within the marketer’s target market, and thus, may be an inefficient use of promotional funds. However, this is changing as new advertising technologies and the emergence of new media outlets offer more options for targeted advertising. Advertising also has a history of being considered a one-way form of marketing communication where the message receiver (i.e., target market) is not in position to immediately respond to the message (e.g., seek more information). This too is changing. For example, in the next few years technologies will be readily available to enable a television viewer to click a button to request more details on a product seen on their favorite TV program. In fact, it is expected that over the next 10-20 years advertising will move away from a one-way communication model and become one that is highly interactive. Another characteristic that may change as advertising evolves is the view that advertising does not stimulate immediate demand for the product advertised. That is, customers cannot quickly purchase a product they see advertised. But as more media outlets allow customers to interact with the messages being delivered the ability of advertising to quickly stimulate demand will improve. Advertising With the amount of people from home buying online expanding to now the billions and purchasing computers for their home, advertising online has grown to be one of the most cost effective forms of advertising. Stats show that the amount of users on the internet is growing at such a rapid rate that it is predicted that in five years time, eighty percent of the population in the United Kingdom alone, will have a computer in their home that is connected to the internet. With this in mind one can only imagine how crucial it is to prepare yourself now in the advertising world online for that period when the web will be the number one place to get people buying from your company. Advertising online is predicted to be the most cost effective form of advertising. Have a look at the way the world is evolving where the consumer does not have to leave their home to buy anything. All forms of advertising are crucial if you are out to corner your market in the business place. Could either make or break your business. There are various forms of advertising such as magazine advertising, newspaper advertising, internet advertising and advertising via mail order just to mention a few. Advertising via magazines or newspapers are affective but extremely costly. Companies invest large amounts for advertising in the anticipation of large rewards and therefore far greater risks. It is obvious that companies are willing to spend large amounts on advertising if the advertising that they are paying for makes them a profit. To find the advertising that is right for you can be a troublesome period of test and trial. Most importantly you need to find the form of advertising that brings profits to the business in the form of sales to balance out cost paid for the initial payment on your advertising campaign. For More information log on to http://www.indiabizclub.com or http://advertising.indiabizclub.com/ |