Monday, December 18, 2006

Advertising Strategies - Alternatives to Print, Alternatives Within Print

Is print advertising headed for extinction? No way, but I am seeing more and more companies pulling dollars from their print advertising budgets and moving them into other alternatives. The reason? To brand their product or service more effectively by balancing their ad campaigns and reaching their targeted demographic audiences from different angles. And even within the print medium, the playing field appears to be changing. Newspaper and Yellow Pages advertising has suffered a blow from the growth of the internet. Googling, Yahoo-ing and online news sources are pulling from their numbers. With internet research more easily available, more advertisers are targeting their prospective customers with direct mail campaigns which gives them the ability to pinpoint the demographic they are trying to reach by age, gender, income and location.

The internet is a growing alternative. Google Ads and Yahoo Sponsored Search "Pay Per Click" advertising is grabbing a growing share of ad budgets. This new medium gives you the ability purchase a keyword and only pay for it if someone clicks on your website. The way it works in a nutshell is, when someone does a search using your keyword, your website url and a three line promotional ad appears on the right side of the search results page. It can be as inexpensive as a nickel per click and you can limit what you spend per day, so that Google/Yahoo shuts off your ad campaign for the rest of that day when your budget "limit" is reached.

Outdoor advertising and signs on buses and transit systems is often in the mix of successful advertising budgets.

Radio utilizes the magic of music and imagination to reach an audience in a lasting way. Of course this is one of my favorites because music, jingles and ad production are what I do. But all bias aside, radio is a way to reach a broader audience with the ability to drive home a message.

Is print advertising headed for extinction? No way, but I am seeing more and more companies pulling dollars from their print advertising budgets and moving them into other alternatives. The reason? To brand their product or service more effectively by balancing their ad campaigns and reaching their targeted demographic audiences from different angles. And even within the print medium, the playing field appears to be changing. Newspaper and Yellow Pages advertising has suffered a blow from the growth of the internet. Googling, Yahoo-ing and online news sources are pulling from their numbers. With internet research more easily available, more advertisers are targeting their prospective customers with direct mail campaigns which gives them the ability to pinpoint the demographic they are trying to reach by age, gender, income and location.

The internet is a growing alternative. Google Ads and Yahoo Sponsored Search "Pay Per Click" advertising is grabbing a growing share of ad budgets. This new medium gives you the ability purchase a keyword and only pay for it if someone clicks on your website. The way it works in a nutshell is, when someone does a search using your keyword, your website url and a three line promotional ad appears on the right side of the search results page. It can be as inexpensive as a nickel per click and you can limit what you spend per day, so that Google/Yahoo shuts off your ad campaign for the rest of that day when your budget "limit" is reached.

Outdoor advertising and signs on buses and transit systems is often in the mix of successful advertising budgets.

Radio utilizes the magic of music and imagination to reach an audience in a lasting way. Of course this is one of my favorites because music, jingles and ad production are what I do. But all bias aside, radio is a way to reach a broader audience with the ability to drive home a message.

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