Sunday, March 30, 2008

Choosing A Method Of Advertising For Your Business
Copyright © Rahimah Sultan

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When you decide to advertise your business, you need to select the proper medium. You need to be very careful with every dollar, if you have a small business or home-based business. So, choose an advertising method that gives you the most return on your investment. You want an advertising campaign that will translate into greater sales, more profits and a better bottom line.

There are three important aspects you need to consider when selecting an advertising medium—your targeted customers, the best way to reach them, and the affordability of your chosen medium. There is no one method of media advertising that works for all businesses. Consider some of the advantages of the following to determine which method is best for your business or home business.

A universal medium that you can use is radio, which is enjoyed by most people at some point during each day. Since there is a wide array of radio programs you can easily target your advertising campaign to a specific group of consumers or a certain geographic area. Radio allows you to add personality to your advertising campaign with sound and voiceover. You can often get free creative help and you may be able to negotiate your rates to accommodate your business/home business budget. In addition, there has been less inflation in radio rates over the last few years than in other forms of media marketing.

If you want your advertising campaign to reach a large number of people on the national or regional level then television is an excellent medium. With independent stations and cable you have the opportunity to pinpoint your local audiences. You can convey your business message through sight, sound and motion, which gives you an image-building and visual medium in which to advertise your business and services.

With direct mailing you can send messages to your buyer in the forms of catalogs or other literature such as sales letters and brochures. This method allows you to target those who are most likely to use your product or service, and you can personalize your marketing message, which can increase the positive response of your prospective clients. You can easily measure the effectiveness of customer response to your campaign while maintaining complete control over the presentation of your advertising message. Direct mail makes it more difficult for competition to react to your marketing campaign.

Finally, there is telemarketing, which can introduce your company to schedule appointments. This allows you to easily interact with potential customers, answer any questions or concerns they may have, and it allows you to easily connect with people. Compared to direct sales this is a very cost-effective method and the results can be easily measured. If you properly structure you script you can get a lot of information to your prospects. You can outsource in order to minimize your set-up cost, improve customer relations and to maintain contact with your existing customers.

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