April 21, 2009
It seems like every time you turn on the news, the main topic of discussion is the failing economy. Keeping a positive outlook on your business’s future can be challenging, especially when a word like “recession” is liberally thrown around. But a challenge is good for creative thinking; in fact, challenges are often what bring around the best, most revolutionary changes.
Over at ClickZ.com, Christine Beardsell posted an article that discusses a way for businesses to overcome the challenge of expensive, traditional advertising. In “Online Videos Ads Are a Good Bet in a Recession,” Beardsell argues that online advertising, including online video ads, is both less expensive and more effective than traditional advertising since online ads can be monitored and optimized quickly. Since most product research is now conducted online, advertising online is the sure way to reach your target audience.
To read Beardsell’s complete article, visit http://www.clickz.com/3631078.
1 Comment |
Small Business, marketing | Tagged: advertising, online advertising, online marketing, online video ads, small business advertising |
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Posted by thinklocal
September 15, 2008
Small startup businesses are sometimes at a disadvantage when it comes to choosing their advertising mix. They often lack the background knowledge that typically comes from experience and/or market research. Without access to such information, many of them mistakenly invest in costly advertising strategies that produce little or no benefit to their business.
Luckily for these businesses, the advertising world is changing dramatically. Studies have indicated that proximity plays a large role in patronage. This means that a business’s prime prospects – those who are most likely to purchase their products or services – typically reside within a short drive of its facility. As a result, some businesses can reduce or resign their high-priced mass media campaigns and place more emphasis on less expensive advertising methods that target the smaller, more segmented local audience.
Local Marketing Strategies
Many businesses continue to rely on traditional marketing strategies to reach their local market. They distribute catalogs and purchase radio, newspaper and Yellow Page® advertisements. While traditional strategies are effective, they are more powerful when supported by newer strategies like pay-per-click advertising, local search marketing and online classifieds. By employing online marketing strategies, businesses can enhance their visibility and deliver their messages directly to consumers who are searching for their products or services.
There are numerous online business resources available that will help owners of small startup businesses decide whether they need to embrace or avoid costly mass media campaigns. These resources will also help them stay abreast of new online marketing strategies. With the information they acquire, startup owners will be able to create the appropriate advertising mix for their business.
2 Comments |
General, Internet Yellow Pages, Local Search, Small Business | Tagged: advertising, advertising mix, businesses, Local Search, marketing strategies, mass media campaigns, online classifieds, online marketing, pay-per-click, startup, yellow page advertisements |
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Posted by thinklocal