If
you've tried advertising in a newspaper, magazine, or trade publication
and you've had poor results, the chances are you've concluded that
advertising doesn't work.
For many this is the harsh reality. But it needn't be.
People waste millions of dollars each year on ineffective
advertising. It's not their fault. Their ads are almost doomed
to failure before the campaign even starts.
Why would I say this?
Quite simply the whole mainstream advertising industry including
all the publications is set up to ensure your ads fail. It's one
big *CONSPIRACY* against the business owner and her hard earned money.
I know this sounds almost ridiculous. I can see the emails hitting
my PC almost instantly, but it's true. There are 3 reasons for this.
Let me explain…
*****
1. Almost all the ad agencies use 'brand' advertising, or
'Institutionalised Advertising,' rather than what
we call
'Direct Response Advertising.' The difference between
the two is the difference between success and failure.
Brand or institutionalised advertising is created to make people
aware of the product or service in the hope that when a person needs
that type of product or service they remember the ad and then seek
out the advertiser.
Results cannot be gauged accurately, if at all. This is how
99% of ads are created. They look pleasing to the
eye, but they don't ask for a response, and the ad agencies producing
them - don't want them to, because that makes them accountable!
On the other hand, direct response advertising is created to get
an immediate response. Ads tend to look 'ugly' but they are accurately
measured by using coupons, and other measurable response devices.
To those of us who use this method it is the ONLY way.
Sure this type of advertising leaves you wide open for criticism,
because you know in a few short days or weeks how much income the
ad generated.
But what would you prefer - an ad that instantly gives you leads
and sales, or an ad that looks good, and may or may not influence
people to buy your service some time in the future?
*****
2. Because everyone uses brand advertising - the agencies are never
accountable for the ads they produce, and the business owner accepts
this situation.
When using brand advertising there is no way of gauging the results...
-- "We're building the brand Mr Jones."
-- "The ads are getting your name recognised in the minds of
the consumer."
-- "You're making a great impression on the trade."
These are common things said by people producing brand advertising.
And because the business owner is happy to think that people are
becoming more aware of his or her service 'brand' they keep paying
for the ads, and so on. It's a 'vicious circle.'
*****
3. The publishers are 'in' on this 'game' because they don't want
you to have accountable results, and they want to ensure you book
a series of ads rather than one at a time.
Let's get one thing straight before I plough on in. If I was advising
a publication on their advertising strategy I would tell them to
sell a series of ad insertions, rather than one offs.
This automatically increases the average order value, and gets a
longer term commitment. So this strategy is sensible for the publication.
However for the advertiser this can be catastrophic. Here's why…
I'm sure you've heard this before, "Mr Smith if you book a
series of 6 ads, you'll get a discount of 10 - 15%. Also you need
to advertise for at least four or five times before people become
aware of you" - blah, blah, blah!
Here's a reality check...
If your ad doesn't work (i.e. generate high quality leads and/or
sales) the first time, it won't work after the second... third...
fourth etc. It's vital you appreciate this fact.
However, if your ad works the first time you can be 99% certain
it will work the second and so on. The key is to negotiate for one
insertion. If it works great. Book another. If it doesn't, you need
to either change the ad, or decide the publication just isn't right.
Remember this. If you book a series of ads you must be prepared
to lose the money you've paid for the ads - and how many businesses
can afford to do that?
*****
Hopefully you can now understand why the odds are stacked against
you - unless of course you take on board my advice.
Not knowing these myths has probably already cost you hundreds even
thousands of dollars. Now you know you've been taken for a ride it's
time to STOP! Smart people will kill their current ad campaigns and
make the changes. Fools won't. Which one are you?
© Hackney Marketing Ltd
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Steve Hackney has spent 10 years and over $800,000
to
discover the secrets of how service businesses
can generate
5 or 6 figure profits every single month.
Better still he reveals every closely guarded secret in his
amazing free mini-course titled, "How To Skyrocket The Sales
And Profits Of Your Service Business - Closely
Guarded
Secrets Revealed."
You can get Steve's FREE 5 part mini marketing course by
clicking...
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