Showing posts with label Advertising. Show all posts

How to Win the Advertising and Promotion Game

I am certain that, as a business owner, you have often entertained the question as to how much to spend and where to spend your advertising dollars. For most small business owners, these questions can add to the headaches suffered in the course of normal everyday operations of their business.

THERE ARE NO SIMPLE ANSWERS

The how much to spend and where to spend it questions have no easy answers.

Depending on your type of business, many people suggest that the *how much* should be equal to anywhere from 4% to 10% of your gross receipts.

The quandary is that a business cannot survive without a fresh flow of incoming customers. But, a business can seldom generate a fresh stream of customers without spending money to get the word out about their business.

THE CHALLENGE OF DEVELOPING EFFECTIVE ADVERTISING

Have you ever paid for advertising and sat back to await the fresh flow of customers, only to find yourself sitting and sitting and then sitting some more?

Don’t feel bad about that. It has happened to many of us before.

See, knowing where to spend the advertising money is not enough to get the job done.

Where to spend the money only begins to highlight the other issues connected with advertising:

· Marketing Plan
· Advertising Strategy
· Headlines, Ad Copy and Visual Presentation · Tracking the Success of Your Advertising Campaigns

THE MARKETING PLAN

The Marketing Plan is used primarily to identify your own products and services, costs, strengths, weaknesses and the strengths and weaknesses of your competitors.

ADVERTISING STRATEGY

It is important to understand what you expect to gain from your advertising.

Do you simply wish to get your name known so that when your customer will need you, they will think of you first? Or, do you wish to get your customers in your front door on Saturday?

Do you want your customers to come in and take a look around to discover the next object that they cannot live without? Or, do you want them to come in and buy a specific widget?

Do you hope that enough people will come in to buy enough products or services to pay for your single ad? Or, do you expect to gain a lifelong customer who will help pay for your advertising over the course of several years?

When you know what you want, then you will better understand just how to do it.

HEADLINES, AD COPY AND VISUAL PRESENTATION

You might be surprised how many business owners put out advertising without regard for the quality of the sales pitch or presentation. The quality of your distribution outlet or the amount of money you spent to get there will do little for you if the advertising vehicle is a junker.

Test all of your advertising materials in smaller markets before blowing your advertising bank roll on it. You must absolutely know the value of your advertising before putting large sums of money behind it.

TRACKING THE SUCCESS OF YOUR ADVERTISING CAMPAIGNS

Tell your customers to save another 10% when they tell you they heard or saw your ad in such-and-such location. Suggest that they can register to win a free widget if they fill out a form and have them to tell you how they heard of your business. Advertise a specific widget in your ad and track the sales of that widget.

It does not matter how you track your advertising --- just make sure you do it!

IN SUMMARY

The ideal way to spend your advertising budget is to buy a rifle with a high-powered scope and to only shoot your targets in the light of day.

If you are not tracking your advertising, then you are shooting a pellet gun without an attached scope, with blinders on, and shooting in the dead darkness of night.

Even with a bigger gun, the blinders in the dark constitute the single largest mistake made by advertisers. If you are unable to track your advertising to learn what is working well, what is working somewhat, and what is a money pit, then you are condemned to repeat your mistakes over and again.

By relying only on gut instinct, you may be choosing to spend more money in the money pit and to lose all of your money in the process.

When you get down to the nuts and bolts of making money from your advertising, you should plan, prepare, track and study your results. You must have factual information on which to base your advertising decisions. When you are making the right advertising decisions, then making money from your business might just come easy.

Free Web Advertising - searchEstate – The search engine adve

Free Web Advertising - searchEstate – The search engine advertising solution for free web traffic.

searchEstate is the ultimate Internet Advertising Solution, optimised for Internet Explorer and Firefox.

To those who are not aware of searchEstate;

It’s a Major Search Engine that PAYS YOU to advertise and gets free web traffic to your website through its free web advertising ...

Quote:
“searchEstate is an Internet Advertising Solution based on an Internet search engine. We are member-based and share our advertising spaces and revenues with our members.”

About searchEstate...
searchEstate is an inversion of the ‘pay-per-click’ model employed by the major search engines. It’s like having your own SEO Company working for you 24/7. searchEstate is becoming known as ‘the peoples search engine’ because it allows the individual to profit from Internet advertising, instead of the major corporations.

searchEstate gives fast search results and you can even share revenue from the free web advertising. Internet advertising fees that the searchEstate search engine generates, is shared amongst its members..

The Difference...
Until now, free web advertising was only available to those who knew the search engine optimisation techniques required for top placement. searchEstate is a search engine that changes the way you advertise. Now it is possible, without specific technical knowledge, to attain top search engine rankings and get free web traffic to your site.

The Alternatives...
searchEstate has two modules, free and pro versions.

The free version allows you to build a Free Web Advertising network that rotates around the search engine on millions of pages, thus giving your business great exposure. The more people that are in your free advertising network, the greater that exposure becomes. SearchEstate search boxes are now starting to appear on many websites.

The Pro version of searchEstate offers a great deal more. A thousand automatically mailed ads each month. Twenty advertisements with 100 keywords and strategic exchanges with the top Internet search engines. Commissions on paid members through an affiliate program. Logo ads, Banner Ads, Text Ads and Search Engine Ads are all catered for and tracked by the searchEstate program.

Quote...
“The key to success is to sponsor others into searchEstate. You can do it by yourself or we can do it for you via our amazing Advertising Co-op. For a limited time, we help you build your downline easily through our 1000 fresh leads each month.”

Summary...
It seems that now there is an alternative and complete Internet Advertising Solution to paying the major search engines! As we are told, the best route to success is to actually own your own business. Your own Internet Advertising Solution is a great way to promote your main business.

Quote...
“What if we were to tell you that we can strategically go in and place ads in your billboards that other people will pay for? What if, say, the average pay-per-click fee was $0.10? Something really low cost, just to be on the safe side. Well, for 100,000 ad billboards, just having 1 ad get 1 click per day will net you $1,000 per day, minus our 5-10% service fee!”

Well, that’s certainly something I could live with! After a very concise conversation with the CEO, it seems a very viable proposition. A true “Swiss Army Knife” sort of business solution.

Why pay for your advertising when you get nothing in return? searchEstate seems the perfect solution. Why use anything else? The major search engines are fat enough already. Of course, there will be sceptics. That is why I took the trouble to talk about searchEstate with its founder and joint CEO.

When someone actually shows you how it works, it’s a lot different to just telling you.

There is no limit to a search engine database. It is not reliant upon sustained memberships. It is only reliant upon advertising. Isn’t it nice to know that now the Internet user can grab his/her share of some of the revenues generated?

From the inside, this certainly looks very lucrative. The Beta-Testing has shown amazing and consistent results on the Major Search Engines. searchEstate is certainly capable of achieving it's promise of free web advertising.

Where is online advertising going?

Discusses t he brief history of online advertising through specific ad strageis and discusses where online advertising is headed.
Is there such a thing as “traditional” online advertising? If there is, it started with banners, moved to FFAs, took a step backwards with SPAM, a hard right with classified advertising and then shot forward with pay per click search engine. So how do you know where to spend your advertising budget in the current market? If you’ve been responsible for your company’s web advertising efforts over the years you might agree that the traditional means of advertising worked; as least for a little while. So as new types of advertising penetrate the market with increasing frequency, what do you do with those proven stand-by methods of generating links and traffic? Throw them out? Keep them around for posterity? Maybe give them a facelift? Let’s review those traditional ad models then look at some experimental models. TRADITIONAL ONLINE ADVERTISING MODELS

Banners
Banner ads in the form of animated gifs are the most common and widely used form of online advertising today. Banner ads reach the widest possible audience because practically 100% of Internet users can view them without any special plugins. Web marketers, advertisers and promoters have quickly realized that banners under 12k in file size puts the ad in front of the visitor as quickly as possible, increasing the chance of click-through even though surfers are growing increasingly immune. New styles and shapes of banners (such as skyscraper ads) have grown in popularity recently, which is addressed in the “Experimental Advertising” section below. SPAM
What does SPAM stand for? It’s not “Stupid Pointless Annoying Message” (which in some cases it could be) but rather “Sending and Posting Advertising Messages.” It’s hard to believe SPAM is effective, but unarguably, it is. While click-through rates continue to fall and legislation begins to rise, it is a savvy advertiser’s best bet to stay away from it, unless of course you’re selling Pasta Pots or Viagra. Rich mail – “Fancy SPAM”
Most likely, the e-mail messages you receive on a daily basis are text only. Rich mail, on the other hand, allows graphics, video and audio to be included in the e-mail message. When you open up a rich e-mail your e-mail client automatically calls up your Internet connection and launches an html page in your browser. E-mail clients that are offline will invite you to click on the link when you have your Internet connection open again. If your e-mail client does not support graphics you will receive the e-mail in text only. While SPAM is still SPAM, rich mail has proven to be much more effective than standard text messages. Pop-Ups/Pop-Unders:
This creative, yet completely obtrusive and annoying means of advertising was once celebrated in some circles as the most innovative ad concept since banners. It only took a short time before many users, sick of being trapped in a never-ending onslaught of such ads, voiced their rejection. One can only wonder when advertisers will recognize the public dissatisfaction and move on to another more effective means to promote their companies. Institutional Advertising:
While institutional or “in-house” advertising has been available since the inception of the Internet, few companies have made an effort to utilize the many different aspects of online advertising in one format as has 7Search.com with its Direct Pay-Per-Text advertising. 7Search, a leader in the pay per click search engine arena, has recently introduced this program which enables its advertisers to advertise outside of its search return lists using the same titles and descriptions seen on its search engine. The pay-per-click model enables interested advertisers to leave behind the CPM impression model and focus on the click conversions. Direct Pay-Per-Text is a patent-pending concept from 7Search which will be released to the general public in the coming months. Pay-Per-Click Search Engines
It’s hard to think of PPC search engines as a “traditional” means to advertise online, but the ratio of those advertisers who do versus those who don’t is staggering; in fact the majority have at least tried their hand at leasing traffic. In a PPC agreement, the advertiser only pays for qualifying clicks to the destination site based on a prearranged per-click rate. The response on ads with well-written titles and descriptions targeted to the users query pull response rates unseen in the ad industry previously. The greatest advantage arguably is the ability to measure precisely the rate of return versus your investment. Some of the most popular PPC search engines are FindWhat.com, 7Search.com, Ah-ha.com and the industry leader Overture. EXPERIMENTAL ONLINE ADVERTISING MODELS Traffic Exchange Advertising:
Hit exchanges, actually a form of banner exchange, are a recent phenomenon on the Internet. You will visit the site of a member of an exchange, and in exchange, another member of the exchange will visit your site. The recent explosion of hit exchanges on the web has diluted the effectiveness of such a method of advertising. There have also been many instances of cheating, in which a script is used to generate visits to a site. However, if you have a product that is of interest to webmasters, and is low cost or has a free version, there is no harm in giving hit exchanges a try. Shockwave ads
Shockwave is best suited for campaigns that want to utilize out-of-banner real estate, such as applets, trading cards, and games. Director and Flash provide the ability to embed interaction, video, and audio within the file, making Shockwave files some of the richest ad units on the Web. Viral marketing and strong brand interaction are two of the key strengths of Shockwave ads. As these ads are typically “bandwidth monsters” the adoption has been slow and will most likely remain that way. Other downsides include development costs and the fact that it just won’t work without the Shockwave plug-in, which (though downloaded by millions of users) is far from being a mainstay. Interstitial ads
Interstitials are ads that play between pages on a website, much like television ads play between sections of a program. There are several variations on the interstitial model: some play in the main browser window, while some play in new, smaller windows; some are pre-cached, while some stream ad content as it plays; some provide the ability to create very rich ads, while some focus on smaller, faster-loading ads. Whatever the format, nearly all interstitial ads perform very well if measured by both click-through rates and brand recall. Floating ads and DHTML
Types of floating ads include DHTML sponsorships, in which advertising objects "fly" across the page on a preset course; cursor sponsorships, in which the cursor turns into an advertising image; and scrolling ads, in which an advertisement moves up and down the edge of a page as the user scrolls up and down. Floating ads give the advertiser and publisher the flexibility to achieve nearly any effect. However, as this is one of the more daring types of online advertising, advertising and content must be balanced on any given page. Floating ads (especially DHTML and cursors) are best run for short periods to create brand awareness—running them for longer periods can bring negative user feedback. It is important to understand that online advertising is only effective if it generates significant response and this applies to both traditional and experimental ads. Unfortunately, the only way to discover the efficiency of your campaign is to test in every format at least once with as many ads as you are able.

Advertising Costs Getting Too High?

by: Diane Hughes
Everyone knows that advertising is essential to growing a business. One problem that small business owners have always faced is the high cost of marketing. Most, however don't realize that there is an effective way to reduce the cost of your advertising while - at the same time - increasing its reach.

Advertising co-ops are nothing new. Usually they are a "perk" offered by major manufacturers to encourage retailers to promote their products. Because the retailer has direct access to customers that would want to buy certain products, it only makes sense that they should do joint advertising. You've seen it - McDonalds mentioning Coke in their commercials, Dell stating that you get a free Epson printer with purchase and so on.

The retailer doesn't make the product the manufacturer is providing, but it IS a great match with what they DO offer. Nobody would want to eat a Big Mac without something to drink, and a computer wouldn't do a lot of good without a printer.

Now you can use this same strategy to create your own advertising co-op to increase the reach of your ads and drastically reduce the cost, too.


--- How It Works

Generally speaking, the cost of any advertisements (bulk emailings, ezine ads, banners, newspaper, etc.) would be split equally between all participants. If you and two associates decide to purchase a solo ad, you would each receive equal mentions in the ad and you would each pay equal portions of the cost.

So if the solo ad were going to a list of 200,000 and cost $150, each of the three would pay $50. You get to reach 200,000 people for 1/3 the cost you would have normally paid. And, because this ad relates you to other types of businesses, you actually expand your advertising reach.


--- Getting Started

So who would be qualified to enter into an ad co-op with you? It depends on the nature of your business. Think of others that reach your same target customer and make a list. If you design Web sites, you might approach hosting companies, graphic artists, copywriters or programmers. If your business is landscaping, you could invite yard maintenance companies to join you.

Once you have a list of one or more business types, think of current associates you know who belong to those groups. Also, ask others if they know of any reliable businesses that fall into the categories you've outlined.


--- Making the Approach

When you have a list of businesses to approach, simply write or email them with your offer. Be sure to point out the benefits such as:

* a win-win situation
* reduced cost of advertising
* expanded reach of advertising
* larger, more prominent ads for a fraction of the cost

Also, be sure to ask about the advertising outlets these businesses currently use. You will likely find new avenues that lead to greater exposure.


--- Finalizing the Deal

You'll need to work out payment arrangements with your partners prior to placing the ad(s). The best way I have found to handle the finances is for each party to pay me for their portion of the cost with a credit card. I then place the ad order with MY credit card. This way, you are assured of receiving the dollar amount due to you; and your partners have the assurance that - should you default on your end of the deal - they have recourse for getting their money back.

Working in cooperation with other businesses can lead to tremendous successes with advertising. When like-minded companies pool their resources to reach one target audience, the impact is doubled while the cost is reduced by at least half. That's the best advertising bargain around today!
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