Advertising

Spanish-language ads climb, African-American advertising drops

Advertising in Spanish-Language media is growing, according to a new analysis of multi-cultural ad spending conducted by The Nielsen Company.

Total spending in Spanish-Language media climbed 2.7% to $4.3 billion through the first three quarters of 2008, compared to the same period in 2007. Procter & Gamble spent the most on Spanish-Language advertising through September 2008 with $133 million in expenditures. Of the top-10 advertisers in this category, DirecTV stood out with the most growth, spending almost five times as much as it spent through the first three quarters of 2007. …more at Spanish-Language Ads Climb, African-American Advertising Drops | Nielsen Wire (http://blog NULL.nielsen NULL.com/nielsenwire/nielsen-news/spanish-language-advertising-climbs-african-american-advertising-drops/), published 29 Jan 2009.

Flickr photo credit: TJZookPhotography (http://www NULL.flickr NULL.com/photos/tjzook/349858035/)

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What works in online video advertising?

When it comes to advertisements in online videos, Web surfers don’t know what to expect. Watch an episode of The Office on Hulu (http://www NULL.hulu NULL.com/), and you’ll get a couple of 15-second ads from sponsors like Target. View a National Geographic Channel clip about emperor penguins on YouTube, and you might see clickable ads for an Arctic cruise company across the lower portion of the video. Other sites opt for a lowly display ad off to one side of the screen.

Whatever form they take, online video ads are confusing for consumers. Can an ad be skipped, and what happens when you click on a banner or link—those are just some of the questions that leave Internet users scratching their heads. …read more at What Works in Online Video Advertising? – BusinessWeek (http://www NULL.businessweek NULL.com/technology/content/jan2009/tc20090126_341533 NULL.htm).

Flickr photo credit: codenamecueball (http://www NULL.flickr NULL.com/photos/cheesepuff/2406468228/)

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The telephone, a cup of coffee & your beautiful face

Old-school lessons in marketing

I was reading a Q&A column today in the LATimes by Karen E. Klein (http://cli NULL.gs/EWu6v6) on new business marketing. A reader had asked her, how do I as a new small business owner selling designer hats get the word out about my business. The answer from Karen: “promote yourself online as a fashion expert.” As a small business owner myself with forays into social media, I am surprised by how much Karen’s advice did not ring true for me. Surely not all of the answers to our business marketing needs are now to be found online?

Perhaps Karen was feeling rushed (not a lot of column space for the advice she might have given were this reader sitting across from her in her office). Or perhaps Karen was feeling high on all the energy that Twitter (http://twitter NULL.com), Facebook (http://www NULL.facebook NULL.com) and LinkedIn (http://www NULL.linkedin NULL.com) are generating these days. I know I often do. But, still, I don’t buy it. And were I Karen, I might advise another path.

Hm. Good idea.

Dear ChicHatDesign,

Speaking from old experience in nonprofit fundraising, there are two key principles to live by. One, ask. Two, ask your friends first. While the promise of online marketing will help you grow your business, getting the word out should start close to home with those who know you, trust your work and want to support your success. That means letting your friends and family know that you’ve launched your new business and asking them to pass on the news to their friends (word-of-mouth campaign). That means (re)connecting with old colleagues to update them on your new business venture (networking). That means researching and making appointments with the businesses in your local town or city that could be promoters for your products as distributors or partners.

This doesn’t mean that you should forgo the fast-growing online marketplace. Absolutely not! This plan above presumes that you’ve done some infrastructure work that will make venturing further afield more viable and less frustrating. You’ve taken photos of your products, put together a print and online catalog, and even printed your business cards for those face-to-face meetings with the storefront sellers.

Still, and while it may be a matter of opinion, I believe there are plenty of people who see buying from their friends and from locally owned businesses as much of a priority as buying organic and they are willing to pay a premium for the opportunity.

And isn’t the point of all this social media about building strong relationships? Why start then with strangers?

Tammi

Flickr photo credit: Arend Kuester and a nod to Karen, who does great work.

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Century 21 moves its national TV money online.

“Century 21, one of the first real-estate companies to advertise on TV, is pulling all national TV advertising in 2009 and redirecting its efforts and ad dollars to the web. With the beleaguered real-estate market showing no signs of a turnaround, the realtor has decided to play the numbers and go where the buyers and sellers are: online. Beverly Thorne, senior VP-marketing, Century 21, said in years past the company has spent up to half of its advertising budget on creative for TV, but a majority of that money will be redirected to its online efforts in 2009.” More from Advertising Age ( http://cli NULL.gs/6gVWAj). Logo credit: Canmorehomes.com

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How to advertise now.

Unsure what to cut and what to keep? This smart, 4-point checklist is your guide to recession-era advertising.

When money’s tight, the knee-jerk reaction for many entrepreneurs is to cut back on advertising. Unfortunately, the businesses that stop advertising simply drop out of sight, taking these entrepreneurs from slow sales to no sales–fast. It’s a risky move many may not recover from. Rather than eliminate your advertising in a recession, cut the fat from your campaign, and focus on the right media choices for the highest ROI. To figure out what to cut and what to keep, use this checklist to choose the right media for your business in this challenging economy…” more from Entrepreneur.com (http://cli NULL.gs/UX33ut). Photo credit: brianandmia (http://www NULL.flickr NULL.com/photos/elizardi/1580611892/)

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Churches use novel approaches to attract members

THIS time of year, advertising is filled with religious imagery. But typically, little of it is actually sponsored by religious organizations. That is starting to change as churches seek to take advantage of the seasonal opportunity to communicate with prospective members.

The change comes as anecdotal evidence suggests that the worsening economy may be sending more people to churches, synagogues and other houses of worship as financial setbacks bring some to their knees — at least figuratively.

Denominations like the United Church of Christ have tried advertising before, running campaigns that play on the unexpectedness of encountering a pitch for religion amid more prosaic spiels for soup, soap and soft drinks… read more at Advertising – Churches Use Novel Approaches to Attract Members – NYTimes.com (http://www NULL.nytimes NULL.com/2008/12/17/business/media/17adco NULL.html).

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Advertising on a budget

Q: Seven months ago, I opened a small store selling futons, carpeting, and home furnishings located on a busy road with little foot traffic. I’ve advertised in papers and the phone book, but it’s like flushing money down the toilet. How can I get a better response on a shoestring? — Rudy Scott, Oceanside, N.Y.

A: What you need is a strategic marketing plan. Instead of throwing money at random venues—a little here, a little there—craft an advertising campaign to attract the customers you want. You probably can’t afford professional marketing help, so brainstorm instead with employees, family members, and friends. Who are your target customers? What are they reading, listening to, or looking at online? What can you offer that will lure them into your shop? …more from BusinessWeek (http://cli NULL.gs/zES23b). Flickr photo credit: Andyrob (http://www NULL.flickr NULL.com/photos/aroberts/2958571501/)

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Don’t skimp on ad budgets

With corporate managers under enormous pressure to control costs and maintain liquidity in the current credit crisis, advertising budgets often appear to be a dispensable luxury in the struggle to survive. Executives who succumb to that temptation, however, put the long-term future of their companies at risk, according to Wharton faculty and advertising experts.

“The first reaction is to cut, cut, cut, and advertising is one of the first things to go,” says Wharton marketing professor Peter Fader, adding that as companies slash advertising in a downturn, they leave empty space in consumers’ minds for aggressive marketers to make strong inroads. Today’s economy “provides an unusual opportunity to differentiate yourself and stand out from the crowd,” says Fader, “but it takes a lot of courage and convincing to get senior management on board with that.” …more from Forbes.com (http://cli NULL.gs/aHJLnE). Flickr photo credit: shankar, shiv (http://www NULL.flickr NULL.com/photos/shankarmenon/2102457548/)

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Scratch and win customers

Bankers constantly fret about how to get customers into the branches since face time with a teller or sales rep is the best way to sell products and services and deepen the customer relationship.

Senior leadership at Fifth Third Bank faced this quandary after opening a string of de novos and expanding through acquisitions. What they hit upon to grab the attention of the public is to give away money-a quarter-of-a-million dollars worth.

“This campaign is a little bit different than some of the things that we have tried in the past,” says the bank’s Chief Marketing Officer Larry Magnesen. “We’ve been fairly active in the last few years in opening de novo banking centers in some of our key markets such as Chicago, Orlando, Tampa Bay, Nashville, etc. We wanted to see if we could put in a new program to put that plan [of building branch traffic] into hyper drive. The idea was to use something that would appeal to anyone, in this case winning a quarter of a million dollars, to get people who didn’t even think they were in the market for a financial product to come in and see us.” …more from U.S. Banker (http://cli NULL.gs/MdXhQM). Flickr photo credit: Shoshanah (http://www NULL.flickr NULL.com/photos/shoshanah/2157370956/)

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