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by Michael
Ellis (12/03/2005)
Internet
marketers are constantly looking for new ways to promote their products
and services. Very often, however, an obvious and very effective marketing
channel is overlooked – print advertising. Print advertising is basically
advertising done in the physical (print) world. This can include advertising
in newspapers, magazines, catalogs, etc.
For
decades mail order entrepreneurs have successfully used print advertising
(small display ads and classified ads) to make fortunes. In fact, many
of the techniques and methods used in Internet marketing today actually
got their roots in mail order marketing (print marketing).
However,
with the rise of Internet marketing, we also have seen, to some extent,
the decline of mail order marketing. This is mostly due to the cost advantage
Internet marketing has over the print medium, more specifically; there
are no postage and printing costs.
One
of the most successful methods of selling by mail order is the two-step
method. The two-step method is the process where you place a small display
ad or classified ad asking the prospective customer to send you their
name and address for free information about your offer. Once you get the
potential customer’s address, you then send them the “real” advertisement.
The “real” advertisement is your sales brochure. You don’t have enough
room to include your sales brochure in your small display ad or classified
ad, so you use those ads just to spark an interest in the potential customer
– just enough to have them write to you and ask for more information.
There
is obviously an extra cost to implementing the two-step method - namely
the postage required to send the prospective customer the real advertisement,
so you really have to make sure your real advertisement is enticing enough
to generate enough orders to offset the postage cost of all the prospects
that asked for more information and didn't buy anything.
The
cost of using the two-step method in mail order selling varies, depending
on the size of the information packet. However, you could easily spend
over a $1.00 - $3.00 for the postage and the printing costs to send to
each prospective customer! And that’s not including the cost of the small
display ad or classified ad that they responded to in the first place,
which varies depending on the circulation of the publication.
With
the explosion of the Internet, you can now skip the costly postage and
printing step (the second step). You can now place your small display
ads and/or classified ads inside targeted magazines, newspapers and catalogs
and instruct them to go to your website. You website would then be the
equivalent of the free information packet (your sales brochure), but you’re
now saving the $1.00 – $3.00 cost for postage and printing.
Here
are some advantages to using print advertising:
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It’s
very easy to get a good idea of which competitor advertisements
are successful
Let's
discuss a scenario… say you run a website that sells a product that
is useful to someone looking to make money at home and you would
like to get some additional exposure by advertising your product
via print advertising.
The
first thing you can do is go to your local library and request all
the current issues of the "Money Making Opportunity" magazines,
as well as, the older issues going back a year or so. You can then
scan through each issue and examine the advertisements which are
similar to yours. You should also check to see which advertisements
have continued to appear in the publication over time.
If
an advertisement continued to appear in the publication for several
consecutive months, then you can be pretty sure that it is a moneymaker.
Why? Simple. Nobody will continuously spend money on advertising
that does not product a profit.
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Studying
these repeat advertisements is also one of the best ways for a beginner
to learn how to create good advertisements
Many
of the great Internet marketers will tell you that they became great
marketers by studying the techniques of mail order marketers. As
mentioned earlier, mail order marketers typically operate at lower
profit margins because they have more costs (postage & printing),
so their advertisements have to pull more orders to be successful.
Study
the small display and classified ads that continue to appear in
the magazines month after month. These ads are very likely producing
a profit for their owners. And keep in mind, these small display
and classified ads are the equivalent of the Internet marketer’s
Google Adwords ads.
Also
study some of the books written by the experienced mail order pro’s.
I especially recommend picking up Joe Sugarman's Advertising
Secrets of the Written Word .
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Print
advertising mediums tend to have a long shelf life, so print advertisements
can continue to pull orders for months and even years!
Once
you place your ad in the magazine, newspaper or catalog, the ad
doesn’t disappear at the end of the month. The ad will continue
to be in that publication. Granted, the ad won’t be printed in any
newer publications unless you renew it, but many people keep magazines
lying around for months, and even give them to friends and family
to look through. So your one ad can continue to draw prospective
customers to your website several months after it was produced.
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You
can create a web page for each ad to see how well the ad is performing
In
order to be a successful marketer, you need to track how well an
ad performs – how well it brings you prospects, or how well it brings
you customers.
If
someone types your URL from an ad they saw within a magazine, then
how will you know that person went to you website as a result of
looking at your magazine ad? Well, a good way to track these visitors
is to create a duplicate web page for that ad. It isn’t hard.
For
example, if you’re selling widgets at www.widgets.com, you can place
a print ad that instructs the prospective customers to go to www.widgets.com/info.htm.
The info.htm web page can be a duplicate of the default web page
at widgets.com. You can see who and how many potential customers
came from your magazine ad by extracting all the requests for the
info.htm page from your web logs.
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You
can target your audience very well
As
you probably already know, it doesn’t do much good to place an ad
selling fishing tackle in a mothers-to-be magazine. In short, you
need to target your customers.
Targeting
your customers is not too difficult in the print advertising world.
Go to your local library and take a look at the popular magazines
that fit your topic. Also ask the librarian if they have the current
Standard Rate & Data Service (SRDS) directory. The SRDS directory
contains the advertising rates, circulation and other basic information
of newspapers and magazines within the advertising industry. You
can probably find at least a dozen publications that fit your target
market.
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There
you have a few good reasons to give print advertising a try. You may just
be pleasantly surprised by the results!
Author - Michael Ellis (Email: michael@victorykey.com)
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