Monday, April 3, 2017

5 Essentials When Advertising Your Small Business

I am stuck in business mode....not only am I sharing ideas that work for all small business but what can work for an agency. Needless to say I am using "small business" loosely because look at the new numbers out there...the Infertility Industry is boasting that it's now a 4 BILLION DOLLAR business! Who is getting all of this money and are you feeling like all you are earning are the crumbs off this huge buffet? I think we are all aware that to actually be effective in the agency segment of the infertility business puzzle you have to have a few altruistic cells in your body...no one is going to be rich running an agency but a comfortable living can and should be expected. No one wants those looking for third party help to be viewed as Mr. and Mrs. Money-bags, because most IPs are far from rich especially after all of the treatments they have undergone on themselves! It's all so expensive! However, we as business owners need to find ways to reach out to our clients. Once they know of our existence then we can show them why we are the best "partner" for them to hire. Below are some advertising tips that you can put to work for you now or planning ahead for the holidays!


5 Essentials When Advertising Your Small Business
Posted by Suzanne Vara

Advertise your Business! Now is the time to plan to plan ahead and take your advertising campaigns off life support.

Advertising sets out to persuade people to buy your product or service by effectively targeting them where they reside. Traditional media (print, radio, TV) has often been called noise as it interrupts people when they are not wanting to watch or listen or see ads while relaxing. The same can be said for banner ads and pop-ups on the internet. While the internet does allow for targeting a specific group more closely, ads will reach people who have no need or interest in your product or service.

5 Essentials for Advertising Your Business:

1. Identify target market. Who wants and needs your product or service? Find out where they hang out and develop a plan around this. Use multiple mediums to see what work best. Teens still watch tv as they talk about the show they just wanted with their friends on Facebook!

2. Determine Budget. Be reasonable here. Remember you need a good balance of reach and frequency to get people to identify with your product/service and the make the decision to buy. Being top of mind never hurts!

3. Research and Determine Mediums. Get media kits and read through proposals you receive. It is very easy to get caught up in the number of spots and not realizing that half of them are in the middle of the night and on a sister station that is the lowest rated station.

4. Create Single Message. Focus on 1 product or service and how it will add value to the consumers life.

5. Design/Produce. Best advice here is to higher someone unless you are a graphic designer. Designers have the experience with where to best position, which fonts work best and overall layout. Your ad whether it is print, radio, tv or on the internet, is a reflection of your brand and the company overall. Let's make it a good one!

Taking the time to look at all the various mediums that are available will go a long way. Tight budgets do not allow for trying something and hoping it will work. Researching where your target market is will go a long way. Once you have that information, be sure to really look at the medium. If you don't make changes in your marketing now you may be left behind by your competition!


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