| However,
before you even start to think about
where you want to advertise, you need to
consider why you're advertising in the
first place. For many companies, the
aim of an advert will simply be to
increase sales and make more money. Other
legitimate reasons for wanting to
advertise can include raising the profile
of your company or product, increasing
brand awareness, and testing new pricing
strategies or new markets.
>From
the outset, it's important that you are
clear about exactly what it is that you
want to achieve. From there, you'll be
able to choose where to advertise.
When
selecting a venue, an important factor
will be how targeted the audience is, as
this will have a major bearing on the
price that you should be prepared to pay
for the ad. In general, the less targeted
the audience, the less money you should
part with. And even though it's not
always the case, you might want to
consider spending a little bit extra for
a highly targeted advert.
The next
obvious factor is the price.
First of
all you need to know how much you will be
paying, and whether this is a flat fee, a
cost per click, paying per exposure, or
some arrangement.
You also
need to consider the costs involved in
preparation. If you're using artwork, you
may wish to use a professional designer
to create it, and don't overlook that the
graphic might have to be in a specific
format. More importantly, you have to
take into account the amount of time that
you will have spend on arranging this.
You also
need to consider the time period that
you're hoping your advert will cover. If
the ad will be on a website, then you'll
probably be looking at days, weeks or
even longer. If so, then you should find
out whether you can change the content of
the ads as you go. If this is what you
want to do, all the ads should be
prepared well in advance, and the total
costs of these should also be factored
into the budget.
A good
starting point in finding a suitable
place to advertise is to learn from the
experiences of others. As an ASP member,
you have access to the private
newsgroups, where other members will
often be considerably more open, detailed
and revealing than they might in public.
When you
think you've found the right venue, read
through whatever information you can find
on their website or in their
publications, and only then contact the
person who handles these matters.
Present
them with a general introduction to
yourself, your products and your needs,
and don't be afraid to ask questions
right from the start. Ask about their
terms, payment terms, conditions, and
whether they offer any form of guarantee
or minimum response levels. A little bit
of optimism never did any harm!
You'll
also want to find out if there are any
deadlines or timescales to consider, and
whether they will publish your ad
"as is", or reserve the right
to edit it to suit their content.
Bear in
mind that whoever you contact is likely
to know their audience very well, so make
sure that you ask for any guidance, tips
or pointers that they can offer. Find out
who will see the ads, what behavioural
patterns you might expect, what outcome
or response rate you might get, and
whether they can offer any helpful
suggestions.
Also
find out who else has advertised with
them in recent months, and ask if you can
have their contact details. Make sure
that you chase these up, and ask them
outright about their experiences.
Leave
nothing to chance, and find out whether
there will be a contract to sign, and any
commitments that may be involved
throughout and beyond the advertising
period. It's also a good idea to find out
how flexible they may be. For example, if
the ad will run for a number of days or
longer, can you change the content of the
ads with little or no notice?
At this
point, it's very important to keep in
mind that you are the customer. Don't be
afraid to ask questions, don't be worried
about bargaining, and make very sure that
you're getting all the information and
answers that you need. If not, move on.
There are many other places to advertise.
Assuming
that their answers meet your
satisfaction, you are then in a good
position to negotiate. The web is full of
advertising, but even the more popular
websites and newsletters often find it
difficult to sell all their advertising
space nowadays.
You
might also want to ask them whether some
form of trial period may be possible. If
they're very confident of a high click
and success rate, then they shouldn't
object to an ad going out to a smaller
test group, or perhaps a normal ad
running for a number of hours.
When it
comes to the actual payment basis, the
ideal scenario would be a vendor offering
high-quality, targeted advertising, with
payment based solely on a commission
basis, with no sign-up fee or base rate.
This is,
however, a little on the unlikely side. A
more realistic option will be advertising
that is based on a flat fee, most (or
all) of which will be paid for in
advance.
When the
terms, price and payment conditions have
been dealt with, you're then ready for
the content of the ad itself.
The
following article will look at the
importance of knowing your target
audience, what to include in the ad, and
how to know when to call in the
professionals. We'll also be looking at
the importance of implementing a good
tracking system, and how to follow up an
advertising campaign to gain from your
experiences. In short, we'll be looking
at everything else you need to help make
your ad campaign a successful one. Until
then, be seen, be sold.
Copyright
© 2005 Dave Collins
|