As a small business owner, your advertising budget is likely quite limited. How can you compete with the larger companies that have the money to buy ads on television and radio stations, when you can barely afford quality postcard printing? The answer to this very valid question is to look for opportunities to trade your services for advertising space.
Think about what it is that your business offers. Do you have a product that you could provide to someone for free in exchange for advertising space? Believe it or not, many businesses are happy to give you some free or discounted advertisements if you can give them something in return.
Here is an example. Imagine that your business creates customized t-shirts for your clients. If you need some free advertisements, contact your local radio station and offer to make them some t-shirts for the station that could be used in free giveaways. In return, ask that your business be named whenever a t-shirt is given to a caller or contest winner. You will receive free airtime for your business, and the radio station will receive a great product to give to listeners. As an added benefit, people will be wearing your shirts all around town.
If you are in the market for mailings, such as postcards or flyers, you can still trade to get a discounted or free product. Consider contacting your chosen printer and asking for a break on your cost in return for allowing the printer to put its own contact information on your ad somewhere. Chances are you will be given a break in return for the advertising space you are offering the printer.
Believe it or not, you can even earn free or discounted time on the television through trading. Are you an expert in some industry? Perhaps you are a seasoned realtor with knowledge of the real estate industry. You could volunteer to be the ?industry expert? with your local television station. Whenever you appear on the television, you will be inadvertently promoting your business. Your potential customers will see your voice and hear your advice, adding validity to your name and your business.
Newspapers are yet another venue that you can often use to trade services or products for advertising space. Newspapers often have contests and need prizes to give out to winners. If you provide those prizes, the newspapers will likely give you some free advertising space in return.
As you can see, you can get some of the best types of advertising for little to no cost. All it takes is a little time and a lot of creativity. Think of the media with which you would like to advertise. Then, think of a way that the owners of those media venues could benefit from your product or service. If you have something valuable to offer, you can receive something valuable in return!
Advertising Costs On Radio
In our efforts to promote our website, we use a lot of different advertising methods to get our message out there. Like classified ads (online & offline), ezine ads, banner ads, safelist ads, solo ads, website ads, feed ads, social-business networks bulletins, blogging, postings in forums and groups, press releases, pay-per-click, and more.
Whenever we post ads anywhere using one of the methods just listed, we always take the time to check out the other ads, some of which are from our competition. What we see 90% of the time just baffles us. To be blunt, most ads out there stink! Not that they're badly written—some are jewels of literature. It's just that their message is…blah—it's missing a key ingredient.
It's funny how some people will use common sense in their everyday life (most of the time) but not in their business life. For example, would you try to mow your lawn using a lawnmower that has no blade, or try to go for a bike ride on a bicycle that has no handle bar, or do some online research on a computer that has no screen? Silly, right?
Well, writing and paying for an ad that contains no benefits—the KEY ingredient—is just as silly. Yet, 90% of the ads we see are just like cars without engines, power drills without bits, swimming pools with no water. In most cases, a total waste of resources—time, money, and brain cells!
Benefits are crucial to the sales process—that is especially true online. In the brick & mortar world, we can walk into a store and we can handle the products: we can touch the wool sweater or the leather jacket, smell the cologne or the fresh bread, taste the chocolate or the watermelon, inspect up close the fine craftsmanship on a carving or a painting, hear the quality of the sound system. Because of that, we can make up our mind to buy without needing an ad in front of our face blasting the benefits—we can ‘experience' them. And we often can take our time to make a decision.
But online, the visitors don't have those options most of the time: no touching, no smelling, no tasting, no “feeling things up”. And there are thousands of other ads waiting in line to be seen so the visitors must decide fast. Do we buy, or not? Do we subscribe, or not? Do we fill the form to get more info, or not? Yes or no? Make up our mind quick, quick, quick!
And what does your potential lead, prospect, client, customer, distributor or associate need to make up his or her mind quickly? Benefits! Not a litany of features. One or two awesome benefits and you've now got their attention. And in today's fast-paced online marketing, that is quite an achievement.
Grab the attention of enough viewers and you are on your way to BUSINESS SUCCESS!
Back to the opening question: Are Your Advertising Costs an Expense or an Investment? To answer simply, if your ads are giving prominence to features, your advertising costs are an expense. If on the other hand, they spotlight the benefits of your products, services or business opportunity, then they are an investment. Bravo!
Not sure of the difference between features and benefits? Never heard of WHY-Proclamations and HOW-Explanations? Don't know how to apply the 80-20 rule when it comes to benefits? You're not alone—90% of advertisers out there are like you.
Want to learn about all that and get a leg up on your competition? Simple—and free (for now). You'll find out all the answers in an awesome 172-page eBook-workbook entitled “WHY Should They Do Business With YOU?—They Won't… Unless You Grab Their Attention, Give Them the Right Information and a Good Reason for Action!!!” And FYI, the “right information” is BENEFITS that answer the age-old question “What is in it for me?”
You can get your complimentary copy at this link http://snipurl.com/1tcuh. “This is the ONE eBook you must read cover to cover if you're doing ANY type of marketing, online or offline.” - Leona Hamel, President of LDH Enterprises Inc.
Wishing you ALL the BUSINESS SUCCESS you desire and deserve.
Both Kaitlyn Miller & Daniel St-jean are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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