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23 Replies Last post: Feb 28, 2008 4:15 PM by Lighthouse24

what kind of advertising works best for the money

Oct 15, 2007 6:58 PM

Click to view sw tile's profile Start-up sw tile 2 posts since
Oct 15, 2007
i own southwest tile company .i use to advertise in the yellow pages,but since 911 it don't seem to bring in the business it use to.i tried some online advertising. but it don't seem to work either.any suggestions?
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Click to view WEBillions's profile Mogul WEBillions 154 posts since
Oct 10, 2007
1. Re: what kind of advertising works best for the money Oct 15, 2007 11:15 PM
Well, the cheapest is free. There are many kinds of free advertising. Of course, nothing is totally free--it takes time. So, what is the best free advertisig for your time. I think it's PR, but that is assuming you can find something that makes your business news worthy. Have you donated at products to a good cause? Does your website feature any interesting articles? Can you start doing any of these if you haven't already? You might try PR with Good Housekeeping and the like and local resources.

Start blogging on about anything, but something involving your product would help.
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
2. Re: what kind of advertising works best for the money Jan 28, 2008 8:49 AM
advertising is expense in the yellow pages, SCORE is FREE.
Score has FREE advertising and Marketing Courses.
Another suggestion
Know how the customer makes money.
Learn the customers decision making process.
Build relationships with the customer (not just sales).
Focus on the customers business needs.
Show how your product or service meets customers needs.
LUCKIEST
Click to view Iwrite's profile Mogul Iwrite 1,101 posts since
Dec 29, 2007
3. Re: what kind of advertising works best for the money Jan 28, 2008 9:41 AM
in response to: LUCKIEST
SW, I think Luckiest's answer is on the mark. Get more information on advertising.

There is no one "magic bullet" when it comes to advertising, no one medium that will reach everyone for every business. It depends on who your customers are, what they like, how they spend their time, how much education they have, how much money they make, etc. You have to get a better understanding of who you are talking to.

I have always believed the best approach is a blend of media (print, direct mail, internet, TV, radio, point of purchase, outdoor and guerilla) to match the trends of your customers. Once you develop this blend, you tweak it as you get feedback and results. Leaning too heavily on one form of adverting can mean a business owner is risking missing potential customers.

Luckiest, this is what I meant in my post - too many folks (who say they provide adverting services) are out here not providing small business owners with helpful advice, they're too busy trying to push their services. It misrepresent what small businesses should be getting from adverting folks, and it hurts the client's business. Sorry, I am on my soap box again. My bad.
Click to view WebDesign's profile Professional WebDesign 8 posts since
Jan 16, 2008
4. Re: what kind of advertising works best for the money Jan 31, 2008 10:22 AM
best thing to do is go to the most popular sites that have a following for the genre you want to sell to and negotiate an ad buy on those sites.

press release is great too.

need a solid, functional website as well.

S
Click to view PureAction's profile Professional PureAction 6 posts since
Jan 31, 2008
5. Re: what kind of advertising works best for the money Jan 31, 2008 11:56 AM
Here is an overview of what the general marketing industry says:

Datran Media recently released the results of its second annual survey of over
2000 online marketing professionals, finding that 82 percent of the marketers
surveyed indicated that they plan to increase their use of email marketing in
2008, and 55 percent of the respondents cite that they expect ROI from email to
be higher than any other channel. The reports says that the survey results are
consistent with the Direct Marketing Association's recent report, which found
that email ROI will hit $45.65 for every dollar spent in 2008, more than twice
the ROI of other mediums including search and display. In addition to increased
use of email as a media and lead generation channel, the Datran Media survey
found:
  • 80
    percent of respondents indicated email was the strongest performing media buy
    ahead of search and display.
  • Search
    is the favored channel for complementing the email channel.
  • More
    than 80 percent of marketers send targeted email campaigns.
Selected key findings include the following...
Company Email plans for 2008, compared to 2007:
  • 82.4%
    to increase use of email marketing
  • 15.3%
    to stay the same
  • 2.4%
    to decrease email marketing expenditures
Source: Datran
Media, January 2008 Expectations for company's Email marketing ROI in 2008:
  • 55.3%
    say higher than other channels
  • 25.9%
    feel ROI roughly equal
  • 18.8%
    say lower
Source: Datran Media, January 2008 Advertising
media buys that perform strongly for your company: (multiple response OK)
  • 80%
    say eMail
  • 37.6%
    display
  • 70.6%
    say Search
  • 16.5%
    feel Print
  • 10.6
    say Broadcast
  • 7.1%
    Cable
  • 1.2%
    think Mobile
  • 2.4%
    report RSS
  • 34.7%
    say Ad Network
  • 8.2%
    uncertain
Source: Datran Media, January 2008 Media
channels that complement the eMail media channel: (multiple response OK)
  • 51.8%
    say Display
  • 71.8%
    say Search
  • 24.7%
    think Mobile
  • 17.6%
    say Broadcast
  • 10.6%
    Cable
  • 41.2%
    report Direct
Source: Datran Media, January 2008 Of those who
plan to employ eMail, they also expect:
  • 80% to
    send newsletters
  • 78.8%
    drive sales
  • 67.1%
    will increase upsell or cross sell opportunities
  • 50.6%
    will sent transactional messages
  • 52.9%
    to reactivate dormant customers
  • 70.6%
    plan to enhance customer relationships
  • 64.7%
    expect to increase brand awareness or lift
Source: Datran
Media, January 2008 The respondents say eMail planning includes these elements
in 2008:
  • 74.1%
    to conduct content or creative split testing
  • 36.5%
    will test creative across inbox devices
  • 29.4%
    to pay for eMail marketing based on CPM model
  • 58.8%
    will pay on a CPC or CPA model
  • 36.5%
    will include banner ads
  • 25.9%
    will measure effect on Brand lift
  • 36.5%
    will measure effect on customer satisfaction
  • 64.7%
    will measure eMail effect on sales
Source: Datran
Media, January 2008 Response to... "use and/or plan on using an outside vendor
for email marketing?"
  • 69.4%
    say Yes
  • 20%
    say NO
  • 10.6%
    Not Sure
Source: Datran Media, January 2008

regards,
Robert

www.robertbusse.com
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
6. Re: what kind of advertising works best for the money Jan 31, 2008 12:20 PM
in response to: PureAction
Pure Action, GREAT answer.
Suggestion, go to Members page and tell us a few words about you and your business
LUCKIEST
Click to view RongDesign's profile Mogul RongDesign 54 posts since
Jan 28, 2008
7. Re: what kind of advertising works best for the money Jan 31, 2008 2:01 PM
I would have to say what I have seen is that a person will spend $300 a week for a good newspaper ad for 6 weeks straight and see 2-3 new faces a week. Then I see people buy a website for $400-$1000. This drives in 2-3 new faces a week, but never has to be touched again.

I say if you are going run a newspaper campaign, you should also do a good website with a lot of information; so when you do decide to do a newspaper that is one more tool to ad to your ad. Your web address can be a powerful tool on a flyer, a newspaper ad and even your business card. Give it a thought. A good way to find out how much your site might cost visit the non-profit company http://www.websitequote.org/.

Good Luck!
Dave
Click to view Ed O'Gee's profile Mogul Ed O'Gee 215 posts since
Oct 25, 2007
8. Re: what kind of advertising works best for the money Jan 31, 2008 2:07 PM
in response to: PureAction
PureAction - great response! If more of our users took the time to give thorough answers like this, this board would be even better.
Click to view RStudios's profile Professional RStudios 6 posts since
Feb 6, 2008
9. Re: what kind of advertising works best for the money Feb 6, 2008 10:36 AM
I have seen online (pay per click) advertising be incredibly effective but it has to be done correctly. Honestly when most people try to do this themselves they end up making having far too few keywords that are way too broad. For most businesses very targeted geographic regions are the way to go. Feel free to email me at info at lauraroeder.com for specific suggestions for your site, I run adwords campaigns for my clients.
Click to view puzzleman's profile Mogul puzzleman 293 posts since
Oct 11, 2007
10. Re: what kind of advertising works best for the money Feb 7, 2008 8:47 AM
in response to: RStudios
When I needed some flooring work done, I looked in a section of my local newspaper that had business card listing and also in the services section. These ads are much cheaper that full blown ads.

Another thing to remember is that you are advertising to many people but only a select few are your customer market and only a few from there will select you. To me the question is how to find the few that are in your target and leaser in on those people with your advertising budget.
I know my customer demographics and the only places I advertise is where they are.

Jim
Click to view msdee2604's profile Start-up msdee2604 2 posts since
Feb 9, 2008
11. Re: what kind of advertising works best for the money Feb 9, 2008 3:53 PM
in response to: LUCKIEST
Click to view SJCarpentry's profile Mogul SJCarpentry 30 posts since
Feb 6, 2008
12. Re: what kind of advertising works best for the money Feb 13, 2008 11:48 PM
in response to: PureAction
This is a great answer. Can anyone figure out how to reward someone for a good answer. I can't seem to figure out how to use the compliment features of the site
Click to view SJCarpentry's profile Mogul SJCarpentry 30 posts since
Feb 6, 2008
13. Re: what kind of advertising works best for the money Feb 13, 2008 11:49 PM
My carpentry business has faced the same issue. At the end of the day, what has really helped us get sales back on track is setting up partnerships with others. So, now we have a builder, a bunch of real estate companies, painting companies and some others with whom we have referral programs. I wonder if something similar could work for your business
Click to view humbleforlife's profile Authority humbleforlife 12 posts since
Feb 12, 2008
14. Re: what kind of advertising works best for the money Feb 14, 2008 12:25 AM
Are you a member of your local building association ? They are a great organization for business and referrals. Local service ads were mentioned in an earlier post and are a good idea.Also very inexpensive. Make friendly calls on your local builders, offer them a special discount to try your services.Face to face is the best way.I have set up at my local flea market, county fairs,and other events,and handed out cards and brochures.Build an impressive website, and advertise it everywhere. It is much cheaper to advertise a few lines promoting your site than a huge ad.

express-press-release.com has done well by me.You can submit as many free press releases as you want or pay $ 29.00 , which gets you onto many more media sites.Check them out.They are awesome and affordable.They also post to all major search engines, which helps your website.

Hope this helps.
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