Is Online Advertising A Big Scam?
Fail to advertise and you will fail
indeed! Advertising is one of the oldest forms of public announcement and
occupies a vital position in a business's promotional mix.
The American Marketing Association advises the following, "Advertising is any
paid form of non personal presentation of ideas, goods and services by an
identified sponsor." However, I would also add that advertising also includes
non paid for methods. There is much to be said for guerilla marketing techniques
which can cost little to nothing.
Free Advertising can be
very effective if properly executed.
To advertise means to inform (seen as the flow of information about a product or
service from the seller to the buyer). Advertising does not end with the flow of
information alone as It goes further to influence and persuade people to take a
desired action - like placing an order to buy a product. This can be as simple
as a conversation between two people or as sophisticated as a full blown
advertising campaign including online methods, television, radio, and print
media.
The competitiveness of the consumer market
has become ferocious with a new brand being born daily. Regardless of the
category of product you are seeking, be it consumer durables like refrigerators,
air conditioners, washing machines or fast moving consumer products (FMCG) the
number of brands available is truly mind boggling. It is the prime concern of
every marketer to promote their product as a shade better than the competitors'.
This is where advertising separates the professionals from the amateurs!.
The simple act of informing a customer
that a brand exists is not enough. Your
advertising
should be target marketed towards the prospective purchaser in such a way that
it forms a positive impact on the customer and creates brand recognition that
burns the memory into the prospects mind..
Marketers generally target advertising
campaigns at the groups of customers:
-
First Time Product Users - Customers who
aren’t using that product category at all. The aim is to convince them to try
that product. Demonstrate the features and benefits
-
First Time Brand Users - Consumers not
using a particular brand but possibly using a competitor's brand. The aim here
is to convince buyers to switch from the competition product to theirs.
Demonstrate your features and benefits vs. theirs.
-
Regular Brand users – These are buyers
already using the brand. The aim is to remind the customer of the brand's
benefits and maintain market share.
This article has links to help guide you
to some effective advertising sources. There will be more to come on how and
where to find marketing
resources for your online business.
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