Tuesday, April 29, 2008

Can Newspaper Advertising Help Your Online Business?

Whether you’re running a small business or a Fortune 500 company, every dollar you spend ought to be seriously considered, especially any spending done for marketing. It doesn’t matter really if you have a limited budget or not. As a rule, you do not spend any of your hard-earned money just for brand identification. The purpose of your marketing campaign is always to get the highest Return On Investment (ROI) possible with plenty of sales.

That’s why choosing the right advertising medium for your business is crucial to your success. The right media vehicle can get you a greater increase in sales and steady profits. It is therefore your duty as a marketer to learn all there is to know about the medium you’re going to use. Is full color printing appropriate or not? What kind of print ad would be most appropriate for your needs?

Here’s one of the most popular media tools that have been used by many business owners and marketers to promote their business. Learning its benefits and drawbacks can help you choose the best medium to accomplish the goals you’ve set for your marketing campaign:

Newspapers

Newspapers are considered the most traditional advertising vehicle to reach both local customers and target clients in cities all over the world. Placing your ads in newspapers affords you the opportunity to reach a wider set of prospects. Depending on the newspaper’s readership, a regular media buy will give you consistent exposure every time. This means that the same target readers can read your ad again and again.

Since you can adjust the size of your ad as well as where you want it placed, you gain advertising flexibility. You can have as large an ad as you need that can tell as much of your message as you want to your target readers.

For the most part, newspaper ads are well accepted marketing options because of their fast turn around. You don’t have to wait more that a few days from creation of your campaign to seeing your ad printed. Since newspapers are published daily, you can even create an ad today and have your target clients reading it tomorrow.

Newspaper advertising, however, can be expensive. If you have a limited budget, that could present a real problem indeed. In addition, because many businesses use this particular medium for advertising, you have to vie for your target readers’ attention. You have to compete not only with the small ads but also with the ads run by big franchisers which often dominate the pages of any newspaper.

You also have to consider the fact that your ad’s life is short – as short as the life of the newspaper because a newspaper is usually read only once and then discarded.

While newspaper advertising can generate sales results, you need to weigh the pros and cons before you decide to run your ad. Depending on your needs, understanding these factors can help you maximize your investment and your results.

For more Renegade Marketing tips visit my website:
rjfanucchi.ws

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1 comment:

Unknown said...

@Grace,
Yeah, it'll be tough, especially right now, but if you can ride out this economy, then it's definitely a good sign. If you're thinking about buying a business, don't forget to do your due diligence. Also, check what's even available in your area. I know there's this site called BizTrader.com, which is an online global marketplace where you can buy or sell a business. You can also use it barter for services or find a lender. I also suggest looking into any small business groups in your area. They should be able to direct you do businesses for sale and should be helpful in general.

Good luck!