Someone said “Doing business without advertising is like winking in the dark. You know what you are doing but no one else does.”
This statement clearly indicates how important advertising is to the success of any business or venture.
Table of Contents
What is Advertising?
Advertising can simply be defined as the act of bringing the attention of an audience to a particular thing. This could be a product, service, cause or any other subject matter. This is usually accomplished with the aid of paid publications, announcements or any other form of media.
For a more comprehensive definition, you can read this article here.
Types of Advertising
There are different ways you can go about advertising. This will depend on a number of factors which will include among other things your target audience, your budget and your objective. A few examples of types of advertising include: Broadcast advertising, print advertising, digital advertising, outdoor advertising, product placement, endorsements and mobile advertising.
Broadcast Advertising
This was one of the most effective (and expensive) types of advertising for a long time. While it still remains as one of the most expensive, it is no longer the most efficient. It however still has a lot of impact which is why advertising agencies still use this type of advertising.
This covers television and radio adverts.
Print Advertising
This is easily one of the oldest forms of advertising. Though it is not as popular as it once was, it still enjoys some level of relevance in the advertising world. You will still find fliers, leaflets brochures, newspaper and magazine advert every day. They are however usually used in conjunction with other advertising methods.
Outdoor Advertising
This method of advertising has evolved over the years. These are adverts that are placed outside the home. You see these while driving on the highway, walking, running etc. Some examples include billboards, bus shelter posters, bus adverts, digital billboards and more.
Learn more about outdoor advertising here: https://www.entrepreneur.com/encyclopedia/outdoor-advertising.
Product Placement
This is a special kind of advertising where a product is prominently featured in an event, TV show, movie or other such program that already has a known viewership. You could find a particular hotel featured in a movie or a type of phone used prominently. This will usually be a paid product placement.
Endorsement
This is a type of advertisement where a public figure is contracted to promote or publicly use a product. Many sports persons endorse one sportswear or the other.
Mobile Advertising
With the meteoric rise of mobile phone use, special adverts are now targeted specifically at these mobile devices. This is a more recent type of advertising that is quite efficient.
Digital Advertising
This covers all forms of advertising that is done digitally – internet advertising, social media adverts etc. This is by far the most cost efficient means of advertising today.
To learn more about the different types of advertising, you can read this article.
How to Advertise
To begin to advertise, there are a number of things you need to know. The most important of all is who your target audience are and where you can reach them. This is what will determine to a large extent the type of advertising method that will be most effective.
Once you have this first crucial step sorted, you can then begin to look at other issues like the type of advert to use, the objective of your advert, and what will appeal to your target audience. Do not make the mistake of writing ad copies that appeal to you. Always remember that you are not your target audience unless of course you fit that bill.
You must focus on creating ad concepts that will appeal to the type of people you are trying to reach. Another interesting tip to bear in mind is that you must know where your competition is advertising. Once you have this information, you must also begin to advertise there.
It is always important to know what is working and what is not. If you have the opportunity of starting small, especially if you are doing digital marketing then please start small and evaluate the results you are getting before going full steam.
Carry out A/B tests to determine which content or material is the most effective. If you find handling all of this information too cumbersome, then simply consider handing the job over to an advertising agency.
If however you are interesting in a hands-on approach to the marketing of your business, then you may want to read this: https://www.businessknowhow.com/marketing/how-to-advertise.htm.
Choosing an Advertising Agency
If you’ve decided that you need to get an advertising agency to handle your adverts, then be sure to consider some very important factors. Let’s look at some of these.
Budget
The very first thing to consider is your budget. When you know how much you are willing to spend on your ad campaign, you will be able to narrow your search to agencies that can work within your budget.
It is a given that smaller agencies charge less than larger agencies. If you have endless resources, then you will go for the big names and spend the big bucks. If, however you have limited resources, you will want to go for smaller agencies that can work within your tight budget.
How Well Have They Marketed Themselves?
If an agency is going to pitch their services to me, I must be impressed by the types of advert they are doing for themselves. You must try to evaluate the type of work they have done for themselves before deciding if they can indeed handle yours.
Should You Look for Local Agencies?
The world has indeed become a global village, reducing the problems usually associated with distance. That said, you may be better off with a local agency if your business is a local one. If for example you run a business that exclusively serves the Spokane area, choosing a Spokane advertising agency may be your best bet since they will have a very good understanding of the locale.
Aside from the above, working with a local agency may also make collaborations much easier. You should of course consider all the implications before reaching a decision.
Do You Agree with Their Ideas?
Every business is built around a philosophy. Any advertising agency you choose should agree with this philosophy. Your adverts should be an embodiment of what your business stands for. If your advertising agency does not agree with your company’s ideas, then you are likely going to have a rough time deciding on a campaign strategy and concept that is right for you.
Ability to Act Quickly
You want an advertising agency that can work quickly to create concepts, modify concepts, deliver reports updates and more. What you are paying for is results and they should be able to offer these results quickly.
Your advertising agency is an important factor in the success or failure of your advertising efforts. It is therefore important that you choose wisely. Take your time and ensure you choose an agency that will help promote your business effectively. This article provides some helpful information on choosing an advertising agency.
Ryan K Biddulph says
Yep Erik; we never want to close ourselves off from traditional, pro advertising. Broadcast ads in general can drive serious business. Super reminder here.
David writer says
I was reminded that everyone can advertise today, when I was at the movies. We went to see The Crimes of Grindelwald, and before the trailers began there was an ad for an upcoming stage play put on by a local theatre company. Not by a huge outfit, but by a semi-pro company.
Eki Ayemenre says
Hi, Erik!
Advertising is great, if you have the budget for it. It’s one of the ways top bloggers get their blogs to be successful.
Great post and a great blog too!
Debasis says
Outdoor Advertising is taken into account to be one among the foremost high-priced media choices however there ar variety of benefits of choosing outside advertising.Hoarding Advertising is commonly related to a premium whole image.Outdoor Advertising is predicted to extend.The quantity of expenditure remains high from widespread industries like retail, telecom, property and therefore the government and political parties. In recent years, variety of start-ups too have tried to encash the recognition of the outside hoardings.
https://planmyad.com