Monday, April 16, 2012

Find your FOCUS!

One of the worst mistakes made in advertising is spreading your budget too thin. Nothing makes me cringe more than hearing "we're on TV, Radio, Cable, we have Billboards and we have to be in the Yellow Pages, I just don't know what's working?" I'll give you a hint... Nothing is working. Why? You don't have a FOCUS. What you have is money peppered all over the place in an effort to reach everyone while sadly not really reaching anyone at all. Sure, you may be seen here and there, but effective advertising requires much more than being everywhere. You have to find your focus. It begins with knowing your customer, who is really making the buying decision? Then knowing where to reach them and investing in those areas specifically. "But, I have to be in these areas". No you don't! What you have to do is narrow your spending and focus, focus, focus! Get the most out your advertising dollars at all times by centering in on what will be the most effective to reach your customer. It's not about being everywhere, it's about being perceived as being everywhere by investing your ad dollars with FOCUS! Great example, just this week we met with an advertiser who is promoting all of the great things available from their business. It's a long list. The trouble is the list is more about them than the consumer. After some discussion it became evident that they have a fantastic offer to make that is built in to how they do business. This business essentially gives away more than $100K every week to customers. Would that get your attention? Now if they simply FOCUS their ads solely on this fact they will see an immediate response. Yes, they must let go of the "something for everyone" list and focus on what will get buyers moving. It's a game changer. There is something within your business model that can create BIG results. Find it and FOCUS on it. This requires making some tough decisions, but once you make the commitment you can expect a jolt of profitable results for your business. For more information contact Cory Bowler, Local Sales Manager for KLTV, at (903) 510-7710 or e-mail me at cbowler@kltv.com

Don't just buy it, own it! How to brand yourself with your advertising.

Advertising is not just about where you are seen, it's more about creating ownership. I'm going to own this medium, this time period and my message in the minds of the consumers. Everyone has a small list of providers they think of for any given product. Your goal should be to OWN that real estate in the mind of every potential buyer by what you say and where it is seen. If your competitor owns a piece of the market than you MUST create a Hot Spot in the mind of the consumer. If they own price then you own something else in order to compete. If they have more money to spend than you narrow what you own. Great example... McDonald's owns the fast food Dollar Menu,
so Subway has to create value in what they can do affordably. Insert the $5 Footlong. Now does Subway make a profit on the footlong? No, they make money on the drink and chips you will inevitably add to your purchase. Of course you don't think of that, you think of the savings you get from the $5 footlong.
What does that equal... ding, ding, a new file in the consumers mind. It's not about more spending, it's about OWNERSHIP! When you find a way to brand your business with something unique then you don't just buy ad time... you own it! Discover 3 distinct ways you can brand yourself with your advertising right away by contacting Cory Bowler, Local Sales Manager for KLTV, at (903) 510-7710 or you can e-mail me cbowler@kltv.com