| Every
week I hear from potential clients these similar stories. – Heres
a few recent ones.
“I’ve just spent $2,000 on a mail drop and
it didn’t work!”
“I’m spending $10,000
on a radio campaign and the sales are no where what I expected them
to be.”
“My yellow pages cost me around $20,000 a year and I
don’t even know if it works!”
“I have just put 4 weeks of ads in the local paper and
I’ve only had one phone call.”
I’m sure somewhere
all of us have heard these stories before, or they may have been
experienced by your own company.
I feel very lucky in my job sometimes,
as I get placed on a pedestal and called a saviour as I have helped
these stories turn around into positive ones. The truth be told is that I am
no saviour, it’s just that I’ve been doing advertising
and marketing for over 12 years and that I just have some good
sound knowledge and experience of what’s right and what will
work.
So for what’s its worth, here are four tips I personally recommend!
Tip No. 1:
What’s
the ROI (Return on investment) and what results should I expect?
If you are going to spend money on marketing or advertising,
no matter if its $1,000 or $ 100,000 (as every dollar is just
as important) – get the right advice on what your return
on investment will be (ROI) That way you will get a realistic result
and can plan appropriately. If the supplier you are booking your
work through can’t give you some kind of guide, then you
better think twice!
Eg: Direct Mail benchmarks are only around 1-2%
return/response and if the letter and envelope is personalised,
then your hit rate may increase by a further 1-2%. So if you send
out 1000 letters you may only receive 20 calls and out of those
20 calls, you may only convert 10% onto sales. Using guidelines
like this will help you ensure you get the best ROI and also help
you identify which is the best marketing strategy to implement,
as it may or may not be direct mail.
Tip
No. 2: So you have identified which
is the best strategy to use, now what about your art/script for
your ad?
Whatever you do, don’t just use the art for your new campaign
-“Because you already have it”. This is one of the
worst mistakes I have seen clients make. The art/script has to
be designed specific not only to the campaign, but also to your
target market and fit in the style of the advertising medium you
are going in. One example is a colleague of mine at another agency
had a client book $10,000 worth of TV commercials, but the client
was dead set insistent on using their old TV commercial filmed
in 1980, and mind you it was filmed with a hand held video camera!
No matter what my colleague said, he could not convince them to
develop a new commercial. So sure enough the ad went to air, his
sales did not increase, and infact my colleague and I reckon the
ad posed as a negative effect on the clients business. So the moral
of the story is, if you are going to spend you’re hard earned
dollar on advertising, then make sure you budget to give your campaign
the best chance to succeed.
Tip
No. 3:
The paper/radio/magazine has
offered to do your art/script for free!
Well we all know
that nothings for free these days right? Wrong! They won’t charge you for the art, that’s
correct! What a bargain, nothing to worry about, you'll even
see a proof…
This would have to be one of the biggest errors I see or hear
about. The ad was made for you for free, but what it may have cost
you, is sales and loss of your advertising dollar you just spent!
Marketing Mechanics works with the media everyday, and yes they
are great at selling you and organising your ads, but in my experience,
they are not the best at developing your ads/scripts/or campaigns.
Agencies like Marketing Mechanics are successful in business because
we are there to help you, as without you and your business being
successful, we wouldn’t be around! We would take into consideration
many aspects of your art/script that the paper/radio station may
not. Important points like: are all your contact details
on there correct and is the spelling all correct?, what’s
the offer – would it please your potential customer, does
it have a call to action, is the design appealing to your audience
from a sales and marketing angle, could you have used better typesetting
and design so your ad doesn’t look like a cut and paste job
or a word document., is your graphics at the correct dpi for optimum
colour, and the list goes on. There are so many variants to consider
and that’s why I decided to write this article this month.
Another example is radio stations. We get approached
by lots of clients asking us to re-write their scripts for their
radio ads as they weren’t happy with the ones the radio station
wrote for them. One thing you should remember is that the radio
stations have teams that basically just sit and nut out radio ads
day in day out, so more or less your product may become just another
script. Marketing and advertising agencies do all we can to work
with your radio station and “push the boundaries” to
give your ad a point of difference. One perfect example I would
like to share with you is a client approached us earlier on in
the year and told me they spent $ 100k on one of Sydney’s
top radio stations. They told us the script and recording was done “free
of charge” by the radio station. They also told me that the
100k they had just spent brought them an appalling return. I simply
asked to listen to their ad so I could comment on it.
Without disclosing the client or talent used, I can tell you that
the voice over sounded exactly like a well known figure from their
opposition, needless to say who was benefiting from this clients
100k –not them –their competition! Which brings
me to my next tip…
Tip
No. 4:
A fresh set of eyes and ears
always helps.
Its very difficult in these busy times,
we are all time poor and working very busily. You can only fit
so much into a day! Working on your own campaign and putting
your heart and soul into it, sometimes leads to what I call “Advertising Blindness.” That
is, you have seen and proofed your ad so many times, that you may
of missed important information. Even simple things are left off
like a critical phone number (and yes I have seen that happen!),
or possibly the offer needs to be revised.
Marketing Mechanics are only too happy to run a keen eye over
your ad and make comments for you. My staff and I are always available
for some free advice if you want to run something by us.. Who knows
it could end up saving you time and money!!
I hope I have covered an important topic this month and would
love to hear your feedback. Just drop me an email.
Kind Regards,
 
Diane Costa
Director, Sales and Marketing
back to top
| Is your website outdated?
– thinking of a revamp? Call us now for a free quote on
(02) 8399 1507 or click
here. |
|