If you’re around my age, 40, you probably have pretty strong memories of a little band named Pink Floyd. If you liked their stuff (“Wish You Were Here” is one of my all-time favorite songs), you probably know that Roger Waters is the mad genius who penned most of their memorable lyrics.
Roger left the band at the pinnacle of their success (really dumb) and did a couple solo albums. One of which was called The Pros And Cons Of Hitchhiking.
I’m sorta knocking off that title for this chapter.
To advertise, or not to advertise – that is the question.
Oh boy, now I’m knocking off the bard.
From Pink Floyd to Shakespeare – I don’t discriminate.
So, what are the pros and cons of advertising – and should you do it?
Let’s investigate.
First, let me define what I mean by “advertising.”
When I use the term “advertising,” for our purposes, I’m referring only to paid space advertising in publications like your local weekly newspaper, val-pak or money mailer type coupons, or any other non-targeted publication. Essentially, any advertising you do in general circulation advertising vehicles.
Advertising has a much broader scope, but just keep in mind that I’m talking only about this specific type of general advertising.
This is just one of many of the marketing systems Sean and I teach, and some of our Net Profit Explosion members continue to utilize this type of advertising system very successfully, whereas some have reported a lack of quality results.
So why does advertising in general circulation vehicles work for some and not for others?
Here are the three reasons why advertising fails:
Wrong Choice of Media
Media: any “medium” (newspaper, val-pak, magazine, radio, tv, etc.) which is used as your advertising vehicle.
Keep in mind that you are ALWAYS better served if you can advertise in a targeted publication instead of a general one.
In my area, just outside of Washington, D.C., we have a couple news-magazines which are being successfully utilized by lots of studios, clubs, gyms, yoga instructors, trainers, etc. These are certainly more targeted than your regular daily or weekly newspapers.
Washington Parent magazine.
D.C. Family magazine.
Metro Sports magazine.
These are all monthly publications in a magazine format which are delivered in bulk to local retailers whose customers pick them up on their way out the door. You know the kind.
FYI: There’s a HUGE opportunity here for a savvy marketer to fill a need in most areas by publishing a Health and Fitness related newspaper as a way of obtaining free advertising for him/herself, and generating revenue from advertising sales to others.
I know these targeted publications are working for these fitness advertisers because I see their ads repeatedly. Only a complete fool who’s looking for the quick path to bankruptcy runs losing ads over and over.
Become an expert on the media in your area. Find all the publications which are available to you. You’ll be surprised by the number of possibilities you may not already know about. Check out the health food stores, gyms (that’s where I get copies of all the above mentioned news magazines), grocery stores, and tons of other locations. Go to your library and ask for help. If you look, you will find. Most people don’t look. They just choose the biggest circulation newspaper they can afford, and plop down cash for their ad. BIG MISTAKE.
General circulation newspapers can work. But my suggestion is that you pick a weekly newspaper over a daily (longer shelf-life, are more thoroughly read, are generally “town-oriented” presenting more local news and less national news, are generally cheaper, are shorter – thereby your ad doesn’t drown in a sea of ads – and the whole paper is looked at by most readers instead of just a particular section – sports, metro, front page – in a larger daily pub.) Wow! That was a major run-on sentence and I don’t feel like editing, so I hope you understand what I just said.
Also, val-pak and money-mailer type coupons can work. Most of these sell coupons in 10,000 home chunks (depending on size of your town). And most charge about 5 cents a house (they might ask for more up front, but EVERYTHING is negotiable). Here’s a little tip. If you want to test this type of advertising, many of these coupon companies will allow you to do a test to only 5000 homes. Just keep in mind that you MUST verify the zip codes and request HIGH-END homes. You’ll be wasting your money if your ad is delivered to apartments or blue collar neighborhoods.
Also, ALWAYS let the sales rep know (regardless of what type of media you are advertising in) that you are running a DIRECT RESPONSE ad, you quantify everything so you know if the ad is profitable or not, and you can only afford to pay X dollars (X being at least 15% below the rate card – never pay full rate card – everything is negotiable!) (In a future product I’m working on right now – soon to be released in the spring of 2008, I’ll show you a FOOL-PROOF way to ALWAYS get at least a 15% discount on ALL the space advertising you run.)
Of course, you’ve got to run a compelling ad. I’ll cover the most important element right now.
YOUR HEADLINE IS THE WHOLE BALLGAME!
Sorry to yell, but I want that to really sink in.
A good friend of mine who is a baseball fanatic says that pitching is 90% of the game. I argue that it can’t be more than 50% because even if you pitch a perfect game, your team has to put a run on the board to win. (Funny thing, but I just saw the fallacy in my argument – a pitcher could actually walk four guys in a row, thereby losing the game with pitching. Our minds are amazing. This little revelation just reinforces my belief that none of us THINK enough. If we did the mental “labor” of thinking things through more completely, we’d all be better off. Our brains are the most powerful analytical tools ever, and we all underutilize them.)
In advertising, your headline is at least 90% of the game.
Your headline is the “ad for your ad.” If the headline doesn’t grab attention, your ad won’t get read.
Your headline should ideally do three things:
“Top Female Fitness Expert And Mother Of Two Reveals Simple 3-Step System For New Mothers To Rapidly Regain Pre-Pregnancy Shape”
Nashville, TN – Frustrated new mothers are flocking to Jane Glutes, Nashville’s top fitness consultant, to learn her 3-step postnatal nutrition and exercise system for rapidly regaining their pre-pregnancy figures. Now, for the first time, Ms. Glutes has documented her system in a Special Report which is available to all new or expecting mothers. To obtain a free copy of this report, visit www.JaneGlutes.com or send an email to pregnant@janeglutes.com or call (555) 525-1234 24 hours a day.
Does this headline meet the three criteria?
You bet.
Will the rest of the ad get read?
You’re darn right.
By whom?
New mothers, expecting mothers, new fathers, expecting fathers (they want their wife back the way she was, right?), new and expecting grandparents and friends of new or expecting moms might clip it for her.
IT WILL GET READ BY YOUR TARGET PROSPECTS.
Of course, there are other important elements to the ad to ensure it gets ACTED UPON.
But the single most important element is your headline. Practice writing great headlines.
The main problem that occurs with most Fitness Professionals utilizing this strategy for lead generation is not a poorly written ad which generates little response, but rather an inability to close the leads created by the ad.
What happens AFTER the ad has been placed is critically important. The difference between success and failure is largely determined by the way the leads generated by the ad are handled by the marketer.
There are four critical elements to converting leads:
Now that I’ve explained what goes into a basic advertising system, let me tell you about the pros and cons of this type of general advertising.
You have to have a TESTING MENTALITY. This isn’t really a “con”, but I’m listing it here because, unfortunately, most people just don’t “get” this concept. We all want stuff to just work for us with minimal tinkering and hassles. That’s human nature. But if you think about it – almost nothing ever happens that way. You can’t just pick up a golf club and drive a ball 250 yards straight down the fairway your first time on the links. It takes practice. Even when you have a system like mine where 99% of the work is done for you – you still have to put your marketing dollars on the line and TEST. Some of my members have had immediate success, but some have not. There are many variables which must be considered. You have to do a little investigation and preparation BEFORE you test, and then you have to evaluate response and tweak your system based on that response AFTER you test. But the bottom line is you WILL have to test. But what’s the upside to this testing? It may cost you a little bit of cash to get your system working consistently and reliably – but once it’s working – WHOOHOOO!!! – you have your hand on the control of a “money spigot.” You can control the “flow” of new clients into your business and can rocket your income skyward. I’d say that’s a pretty good reason to test
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