How do you know when
your advertising dollars are being well
spent?
Effective Advertising How do you know when your
advertising dollars are being well spent?
First, let’s expose two of the most common
fallacies about advertising. Number one is that
good advertising magically generates so many
leads you have trouble keeping up with them.
Number two is that advertising is some big
executive’s hyped idea that never worked in the
first place. The truth, I propose, lies
somewhere in the middle.
If no one knows about
your company and it’s product(s) and
service(s), then you can bet you won’t be in
business a long time. Advertising is just one
method of getting your prospect’s attention,
and because we live in a society where we have
to fight for any even small piece of “mind
share,” advertising has become even more of an
art form.
When you learn a fine
art such as painting, you discover how to put
on the exact colors, utilize the right amount
of raw material, as well as apply the proper
strokes to shape your visual communication. So
too in advertising. There are rules that take
into consideration the psychological aspects of
motivating your potential customer to
intuitively respond to your message.
The first key in any
marketing/sales process is building rapport –
making a connection – and advertising can help
create a “warm” environment where people become
interested in listening to you. If you pique
their interest with a good ad, as well as reach
them at an emotional point where they need, or
even better want, your product and services,
you have a much better chance of getting the
job or closing the sale. Advertising gives your
company an edge by helping you to get your
share of whatever business is around and by
surpassing your competition.
What then comprises
effective advertising? What are these
aforementioned rules (not tricks) of the trade?
Marketing experts have discovered three
important elements in direct response
advertising including direct mail and email
campaigns that are “must knows.” These elements
are: the Target List, the Copy, and the
Graphics.
The Target List The key
to knowing what mail or email list to buy lies
within your company’s strategic positioning and
differentiation. Ask yourself, what type of
companies would benefit from my products(s) and
service(s), what interests them, and why would
they want to buy from our company versus anyone
else? Keep your focus narrow, and don’t make
the mistake of trying to provide everything to
everyone.
Identify those firms
within your geographical area (provided you
have one) that you are willing to service. If
the populous is large enough, you may want to
buy from a reputable list broker. If you can
create the list yourself from regional
resources, make sure to put the information
into an open database and obtain accurate
information. Most important, be sure you have
the correct contact name and phone number of
the person who would make the buying
decision.
The Copy Find your
killer headline – that hook that makes them say
“yes” so they continue to read your promotion
and immediately recognize you in the future.
Tell them why you are unique and the best
choice to fulfill their construction needs.
This, of course, requires you to know all of
their needs – the more, the better.
Now state your benefits
and then your features. Your benefits are what
you provide that interests the prospect. Your
features are what they expect to get. Good ad
copy appeals to the buyer’s emotions first;
then tells them what bang they are going to get
for their buck. Then it asks for the order, or
in the case of a longer sales cycle, requests
action from the potential buyer; for example,
to call you or visit your website for more
information.
The Graphics Graphics
create associations that enhance your image
regarding credibility and whether or not you
are successful and to be trusted. Visuals need
to be interesting and eye-catching so your ad
stands out and helps facilitate an emotional
response of well-being.
In the case of
construction companies, ads can also point out
your most high profile projects and the
excellence of your work. If your company does
not have established branding guidelines, then
you might want to consult a professional to
create the right message and deliver it in a
consistent manner that significantly increases
your chances for success.
For small business
owners, the task of learning marketing can be
overwhelming and the cost of hiring
professionals prohibitive. It does take time to
master these skills, but with a little
attention on a consistent basis, one can learn
enough to market their firm successfully. To be
really effective, any information you receive
from people who make a living at marketing or
public relations should come from those who
have years of experience in your
industry.
Carefully plan your
campaigns for maximum effectivity, and don’t
forget to employ the tried and true tactics of
testing and tracking. On an enterprise level,
business software for tracking advertising
includes MarketingPilot and Aprimo. Among
numerous packages for smaller companies are
ProAnalyzer, Clearmetric and
AdRevolver.
Numbers don’t lie, and
the smartest business decision is to reinvest
additional advertising dollars into the areas
that are actually showing results for your
company.
About the
Author
Cathy Taylor is a
marketing consultant with over 20 years
experience. She specializes in strategy and
plan development, as well as management of
communications and public relations programs in
both the high-tech and small business sectors.
She can be reached at Creative Communications:
creative--communications@cox.net.
|