Advertising is an important part of any marketing plan. But with so much focus on social media these days, you'd think that advertising isn't worth the cost. However, done right advertising can be a really important part of your marketing strategy, especially with a good mix of online and traditional advertising. If you've ever attended one of my workshops or even read some of blog posts you'll know that I am all about consistent, integrated marketing. That means that all of your marketing activities need to work together in a systematic approach to achieving your business goals. And advertising is one of those activities.
The biggest advantage that advertising has over other marketing activities is the sense of control. With proper target marketing you can control (to a point) who sees or hears your ad and you can control when your ad is run. The key to effective advertising is knowing what your objectives are and how you want to approach your campaign.
Below are 5 elements that you should consider in order to make any form of advertising effective.
1. Advertising should have one of 3 objectives... to inform, remind or persuade your audience. Know what your goals are before you even think about writing the ad. The desired outcome will ultimately determine the look, feel, sound, and distribution of the ad. The goal of most advertising should be to start a relationship, not sell a product or service.
2. Be realistic about what an ad can do. If you are running a small online ad chances are it will be pretty unrealistic to expect a multi-thousand dollar sales achievement from 15 words and a link. When setting your advertising goals, set a realistic goal and set a ‘stretch’ goal to strive for. Also, know that advertising alone cannot be the only metric to measure your success by. There are a lot of factors that go into the buying decisions of consumers.
3. Advertising, both online and offline can be and should be targeted at a narrowly defined viewer. If a radio station that tells you that 75% of its listeners are 18-55 that isn't narrow enough. Know your ideal customer really well, what they want and how they want to communicate with you before implementing any advertising.
There are lots of resources out there to help you learn more about your ideal customer but Google AdWords is a great tool to find out what your customers are looking for. Group your Google AdWords into very tightly crafted keyword groups to target people looking for very specific things. You can also find geo targeted mailing lists and then cross them with lists of people that buy a similar product.
4. Measure everything
The most successful business owners, managers and marketers can tell you exactly how every element of their marketing is performing and why. It takes a great deal of work to get serious about things like analytics and tracking, but you won’t really succeed until you do. By taking the time to create a process that allows you to measure every aspect of your advertising you can see what's working and what isn't, allowing you to make necessary changes and further improve on what is working all the while staying tuned in to what your market wants more of.
5. Test, test, and test again
This last element goes hand in hand with measurement, but takes it a step further. Once you have a baseline you can start to work on improving your results by simply tweaking things like headlines, calls to action, visual elements, keywords, content, publications and lists. Once you know what’s working in one place you can expand on it to test it in other places. Google AdWords is an inexpensive way to test thing out before broadcasting more widely. As for online advertising, particularly in social networks, you also might want to test out new social networks and their advertising structure to get a feel for what works and what doesn’t, providing it reaches your target audience.
So, even with the advent of social media, advertising still has its place in your marketing strategy. Advertising has changed its distribution channels over the years and that will continue for many more years to come. But no matter what distribution channel you use, whether it’s online or off ine advertising, using these tips will allow you to create advertising that resonates with your customers.
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