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Advertising Avenues/Options
Get your campaign off the ground
USE OTHER PROMOTIONAL AVENUES
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As a rule of thumb,
3-5% of your annual revenues should be budgeted for
advertising.
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Determine what your competitors
are offering and decide what you need to do to successfully
compete.
When developing your advertising schedule, be sure to take
advantage of any special editorial or promotional coverage
planned in the media you select.
Newspapers, for example, often run special sections featuring
real estate, investing, home and garden improvement, and tax
advice. Magazines also often focus on specific themes in each
issue.
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No doubt about it, you
must advertise to win sales.
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Other advertising options include:
- Printing your company name and graphic identity on pens,
paper pads, letter openers, paperweights, calendars and
other giveaway items for your customers.
- Putting your message on billboards, inside buses, in
subways, on vehicles, on building signs, parking meters,
telephone poles, and shopping bags.
- Posting your message on the Internet.
- Co-sponsor events with nonprofit organizations and advertise
your participation attend.
- Have a display at consumer or business trade shows
- Create tie-in promotions with related businesses.
- Distribute newsletters
- Sponsor seminars
- Conduct contests or sweepstakes.
- Send advertising flyers along with billing statements.
- Use telemarketing to generate leads for salespeople.
- Develop sales kits with brochures and product samples.
And remember to:
- Determine your underlying objectives in running an advertising
campaign and establish a realistic advertising budget.
- Figure your budget amount to be three to five percent
of your annual revenues (although you'll need to leave room
for adjustment, up or down.)
- Your advertising budget should cover newspaper, magazine,
newsletter, radio, television, and direct mail advertising
or other promotions.
The
number of promotional tools used to deliver your message and
repeat your business' name is
limited only by your imagination and your budget.
What
You Should Know >>
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