I’m Mad as Hell and I Refuse to be an Advertising Victim

I stopped being an advertising victim in 1992 when I was first introduced to Dan Kennedy Marketing, and it is one of the most important lessons I’ve learned. I’m happy to say I haven’t been an advertising victim for 13 years.

If you have been in business for awhile, it has already happened to you – probably more than once. In fact, probably often. And if you are new to the retail world, you can bet the mortgage that it will eventually happen to you.

What is it? It’s when you get that big black checkbook out of the center desk drawer, and you sit down across from some media salesperson, and you write out some kind of a check for some amount, for some kind of promotion advertising expense, and you have no earthly idea whether you made a good decision, bad decision, when you’ll know, how you’ll know, if you’ll know.

I detest that kind of uncertainty. I don’t like to play guesswork games with my money and I bet you don’t either. I’m going to tell you how to eliminate it, how to make every dollar you spend on advertising and marketing measurable and accountable.

The Best Place To Spend Your Hard Earned Money On Advertising Is Direct Response!!

All advertising can be one of only two types – either “Institutional Advertising” or “Direct Response Advertising.” It is monumentally important to understand the difference.

Most advertising in magazines, newspapers, on radio, TV, and billboards is institutional advertising. It is Institutional advertising because in most cases, there is no way of accurately tracking response. Most advertising agencies like institutional advertising since, without tracking, they canNOT be held responsible for zero results. If an ad campaign does not produce the results they want, they blame it on:

1. The economy
2. The weather
3. You didn’t run the ad often enough
4. YOU (your merchandise, your service, your image, etc.)

You Can’t Deposit “Creativity” In The Bank

Unfortunately, most advertising agencies are interested In being creative and cutesy.

That’s what wins advertising awards. I think this is absolutely ridiculous. The advertising field gives awards based on creativity, not results. Many ads that have won top awards didn’t produce any substantial increases in sales.

Direct response advertising, on the other hand:

1. Contains a headline that flags your prospect and creates curiosity
2. Creates interest in the merchandise
3. Creates desire in the prospect
4. Has a specific offer
5. Has a deadline
6. Has measurable results

Why is this so important? Two reasons:

1. Most businesses have limited capital to spend on their marketing and advertising (unless you are a multi-billion dollar company). Since you have a limited budget, why waste it on advertising that you are not sure is working?

2. The only reason a business would advertise is to get more customers and sell more merchandise. A direct response ad concentrates only on this purpose. First, it contains a headline that attracts the attention of the specific customer you want to in your store(s).

Then, it makes a complete and compelling case for the reason for your offer. Next, it proves to the customer that the reason for the offer will solve some problem in the customer’s life or provide some valuable benefit to him.

It states specific reasons, facts, and statistics, as well as testimonials from other customers to validate the claims. Then it tells the reason why you are able to make such an attractive offer. It tells the customer what to do in order to gain the benefits of the offer.

It creates “urgency” by telling the customer that he must act now in order to gain these important benefits, and why this offer is so limited, either by time, or by the quantity available.

Finally, it must contain a way for you to track exactly what sales or customers were generated by that particular ad.

Now that I have defined for you the difference between institutional and direct response advertising, here’s the big question that you have to ask yourself before you make every future marketing and advertising decision. Does the advertising that you are considering meet all six of the criteria that I outlined above? If is doesn’t, then pass on it as quickly as you can say:

“I’m Mad as Hell and I Refuse to Be an Advertising Victim Again!”

Advertising and Business Promotion

A business promotion is an act in any form of communicating a certain business which aims to persuade, inform, give awareness and remind individuals about their product to facilitate good public image and to increase sales. The business advertising is a way where business owners are able to promote their products and convince the buyers to choose their product instead choosing the products of their competitor. The mechanism is, business explains the advantages of their product over other products, facilitates spreading of information where the product outlet is available, advertises the suggested retail price, the customer feed backs, accreditation levels and marketability. Some utilizes the need of commercial icons and popular artist to do such while others result in a highly competitive advertising strategy to beat competitors and compete in the industry.

A certain business utilizes an institutional business promotion enable to create a favorable identity for its products or services (especially now where competitors are also competing in the market). Institutional business promotion doesn’t really sell products directly. But, through creating a highly favorable identity for their products and services, the result of institutional business promotion is a highly in demand sales as well as peak sales of the company’s products or services.

The basic of business promotion is business advertising. Advertising is any legal sponsored form of personal or non-personal promotion of facts about the products, promotions or goods and services, building linkage of corporate world to the customers and facilitating sales. Advertising is unique and different compared to other forms of business promotion because: first, the money and time being devoted for the advertisement. Second, it sets a concept of giving further information about the product or services rather than selling it personally. Lastly, it clearly presents the main sponsor of the overall message.

The advantages are:

  1. Customers will be able to know about your product and services because of your preferred advertising way.
  2. This is also a cheap form of advertising; it only intends to give insights about the product or services.
  3. The advertising way has so many options from the utilization of media to the utilization of print-adds.
  4. Businesses are clearly promoted
  5. The advertising tool is subjected for repeat viewing as long as it exists. This will make people more familiar to the product or service as long as they get into contact with it.
  6. Advertising has so many advantages.
  7. The intent to advertise is not specific to a certain population group; it is open to all and not limited.
  8. Monitoring is done in a timely basis, not in a day-to-day manner
  9. You will expect people to come in your door, not you coming on their doors.

The advantage of knowing such advantages and few drawback will help you consider the types of promotion you are about to engage to generate the best sales for the business enable to become more successful and outstanding in the industry. You will have the chance to further expand your knowledge on these things when you update yourself on the latest trends available in the Internet.

Why You Should Never Trust An Advertising Sales Rep

Advertising Sales Reps Sell Institutional Advertising

What is institutional advertising? Here’s a definition: “Promotional message aimed at creating an image, enhancing reputation, building goodwill, or advocating an idea or the philosophy of an organization, instead of sales promotion.” (BusinessDictionary.com)

Institutional advertising promotes the name of the business and the brand but is not used to create sales. Large advertisers use institutional advertising to increase their name recognition and, hopefully, market share. With a larger market share, increased sales are expected to follow.

Most of the advertising we see everyday on television comes in the form of Institutional Advertising. It’s the big companies with household brands working hard to entrench their brand even further into our brains. While that may be an effective strategy for billion dollar, multi-national companies, it’s a devastating plan of action for smaller, local businesses.

Very few small business owners have a grasp on marketing. When they do advertise, they simply do the same things others are doing. Media salespeople do an excellent job explaining how advertising works when they’re selling the advertising. They also are great at explaining why an ad didn’t work. The number one reason: The business owner didn’t buy enough time or space. The number two reason: The ad wasn’t run for a long enough time period.

Beware of the Advertising Sales Representative

Ad sales people are not marketing experts. They actually do not know much about marketing at all. They have been trained to do one thing: sell ads. In that respect they are formidable. Ironically, most small business owners believe that ad salespeople are indeed marketing experts. Ad sales reps use this to their advantage and often help small business owners actually create the ads that will run on their network, publication, billboard, etc.

The entire system represents a conflict of interest. The goal of advertising is to increase sales for the business owner. But the ad sales rep’s goal is to sell advertising. The ad sales rep acts on behalf of his or her employer and does not maintain a fiduciary relationship with the client. So the advice of advertising sales reps is never given for the benefit of the small business owner. When they urge their clients to buy ads, they do not have the expertise or training to know if the ads will have any positive impact on sales or profitability. They are not qualified to suggest when an ad should run, how long the ad should run or even the frequency rate. They can not suggest other forms of advertising or marketing that might be more suitable because they are employed by a single media outlet.

This conflict of interest is unique to ad sales. Imagine if you had a medical condition; let’s say Acid Reflux. Instead of going to a doctor, you consulted with a drug sales rep. Like the ad sales rep, the drug rep works for one company. If she worked for Pfizer, she would recommend Viagra to treat your acid reflux condition. When you found this to be ineffective, the drug rep would suggest increasing the dosage or advise that you simply continue taking the drug longer and give it some time to work. Once you’ve run out of money, the drug rep would move on to the next patient.

Small business owners must learn that ad sales reps do not have their best interests at heart. The ad sales rep hopes that the ad works so that the client will buy more ads, not because their goal is to increase sales for the client. Only independent marketing experts have the ability to act objectively on behalf of their clients. This is an important distinction. They actually represent their clients’ best interests when it comes to marketing. As experts, they provide valuable insight as to which marketing program (or mix of programs) will generate the greatest return on their clients’ marketing investment.

Traditional Advertising is often Institutional Advertising

Most traditional advertising, be it local or national, is a form of institutional advertising. It is done with such repetition that people will remember the product or service when the time comes. The products or services are so commonly used that people have an easy time remembering the message. But local business can not afford to advertise in this manner. When they do advertise, they can only afford to run the ad for a short time, at an infrequent rate. Therefore, Institutional advertising does not work for small businesses. When it comes to marketing, local business owners need to market themselves in a modern fashion and expect a tangible return on their marketing investment.

So next time an institutional ad sales rep comes knocking on your door, remember, they are there to sell you something that is ineffective and does not provide a positive return on your investment. They do not understand marketing, they are sales people. Don’t trust their facts or figures. They are based on data that can not be analyzed easily and is only used to back their statements. Instead, search for a local, independent marketing expert. Not only are they much less expensive, they will be able to advise you based on your best interests, not their own.