Advertising Impact vs. Advertising Cost
Is “bigger” always better?
If you haven’t visited Twitter, you’ve probably no idea how extensive the ego destruction can be if your postings (“Tweets”) haven’t attracted 37,416,298 “Followers” in the last 24 hours.
Oh, and there are at least 64 gazillion other Twitterers out there who have the magic formula that will turn you into an overnight Most Highly Followed and Esteemed Twitterer sensation. Probably make you the hero of your whole office or neighborhood even!
It makes me think about how wasteful media advertising is if you’re not interested in attracting the entire world to your doorstep. I mean, let’s assume you’re selling Swiss Screw Precision Parts that are used in rocket ships. Should you run a series of network TV commercials on ABC, CBS, NBC, and CNN? (Insert sounds of regurgitation here.)
How about full page ads for your grass-cutting service in one of those idiotic national newspapers for bar graph fanatics? Gee, a direct mail campaign combined with Twitter and Facebook postings could put your hand-crafted pottery pieces on the map, don’t you think?
Tell you what: if you have that kind of money to throw away (and stupidity level to match), call me first. I’ll get you some great deals.
If your target market is comprised of specific individuals or specific industries or specific geographic areas, don’t waste a penny on advertising that goes to other people in other places.
Yes, this includes refusing to do business with the sleazy phonebook companies that go to great lengths to fragment the markets you want to reach so you’ll have to buy space in two or three or more books that slice up your market and, in the process, add another dozen markets you don’t need or care about.
“Phone book ads are a necessary evil” I’ve heard so many people complain over the years, especially professional services. The truth? They ARE evil, but they are NOT necessary.
Your parents taught you that where there’s a will, there’s a way, right? So when did you forget that? There are other ways to reach the prospects and customers you want without having to sell your sister and your dog (other jokes there that I’ll pass on!) just to pay for reaching people who cannot or would not be your customers anyway.
It’s one thing when the economy is booming (let’s see, that was…uh…) and it’s a great thing to spread your name and message everywhere, with cost not a factor. It is, however, quite another mindset that’s needed when the economy is as bad as it is and VALUE needs to dictate expense.
You don’t need to cave in to making media people rich with money that should be staying in your pocket because you are too lazy to look for other options. There ARE other options. You WILL find them when you put your mind to it. Or not.
There’s always that one-time special deal package — discounted from $1,297,000 to $1, 215,000 — to sponsor a major national show in 14 states even though you only provide service to three counties in one state, but it’s “such a deal!”
With advertising, bigger is not always better … and the bigger the impact, the bigger the bill.
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Input always welcome Hal@TheWriterWorks.com “Blog” in subject line or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day! Hal
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Great morning, I want to say thanks for an very cool web site about a subject I have had an curiosity in for a while now. I have been looking in and reading through the replies and just wanted to voice my many thanks for giving me some rather important reading material. I look ahead to reading more, and taking a more active part within the talks here, whilst picking up some expertise too 🙂
Thank you for your visit, your interest, your comment . . . and of course your smiley face! Please return often for the latest commentary on advertising, among other subjects (especially marketing, sales, entrepreneurship, leadership, and communication). Hope to see you soon! Regards – Hal