Category: Advertising

Marketers looking for evidence that out-of-home advertising can improve sales and amplify the effectiveness of their other advertising need look no further than a new study from Clear Channel Communications and MarketShare Partners.

The study, “How Out-of-Home Advertising Works,” examines the return on investment of using out-of-home advertising as an ingredient in a larger marketing mix. Specifically, the report finds OOH advertising provides a significant, incremental sales lift that equals, or is often greater than, other drivers.

“After careful analysis of thousands of marketing optimization models, and considering decades of research and applied marketing science, independent research from MarketShare Partners conclusively shows that OOH is an effective marketing vehicle and should be included as a component of the optimal marketing mix across a broad range of industries,” said Debbie Reichig, senior vice president of Business Development and Marketing at Clear Channel Outdoor.

So what can marketers expect from OOH advertising? Quite a lot, actually. A press release announcing the report outlines some of key benefits, including:

*Adding OOH in the media mix, for industries and products where it provides observable sales lift, makes other media more effective.

*OOH can provide a significantly higher sales lift in conjunction with TV when the creative messaging is coordinated across platforms.

*OOH can provide a significantly higher sales lift in conjunction with radio when there is a call to action.

As I’ve discussed before, out-of-home advertising using a medium such as digital signage networks is making great strides these days. Recent developments in technologies and techniques to count audience elevate the stature of OOH advertising in the minds of marketers and ad agencies alike.

The latest study from Clear Channel Communications and MarketShare Partners advances the medium further still. It not only demonstrates how OOH ads can provide a sales lift when used together with radio and TV advertising, but it makes specific recommendations on the optimum allocation of marketing resources to out of home.

The study finds the best allocation of marketing dollars to OOH advertising falls somewhere between 5 percent and 25 percent of the total advertising budget for most products and brands.

While some may discount this study as self-serving -after all Clear Channel Communications recently announced its recommitment to OOH ad networks and is one of the largest purveyors of outdoor advertising in the world- to do so would be shortsighted in my opinion. Sure this company has an interest in OOH advertising, but both Clear Channel and MarketShare Partners have an equally strong interest in protecting their reputation in the industry. To do anything other than to look honestly and completely at OOH advertising in the report would be harmful to both enterprises.

I applaud the companies and the release of “How Out-of-Home Advertising Works.” The study offers the advertising and marketing communities key insights at this important stage in the development of OOH advertising on digital signage networks. Not only does the study demonstrate how OOH advertising can help marketers achieve their goals, it quantifies what portion of their ad budgets should be allocated to this medium to maximize the effectiveness of their advertising efforts.

Think of the various methods that are at you disposal for marketing purposes and would Custom Stickers be your first port of call? Can you imagine using the services of a Sticker Printing company if you wanted to reach out to a new target audience? The thing is; Custom Stickers are brilliant products to use for a successful marketing campaign. People often underestimate the power of Custom Stickers they overlook them as advertising mediums. That’s such a shame because Custom Stickers have plenty to say and when they are designed and printed by professionals in the industry, quality stickers are more than a match for other types of advertising. Here are just a few ways you could use Custom Stickers to advertise your brand.

Vehicles Imagine how your fleet would look once fitted with a host of Custom Stickers ordered fresh from a Sticker Printing team. Your vans, trucks and cars would trundle up and down the highways and byways of the country and wherever they went the Custom Stickers would proudly be advertising your business. Get your vehicles working on you behalf and use them as mobile advertising boards, fill them with Custom Stickers that say here we are come and use our services. Vehicles are a great way to put to Custom Stickers to the test they’re crying out to have stickers stuck to them. Shop windows People pass by stores every single day and when Custom Stickers are placed in the window they offer a cheap but effective way to advertise a logo or a brand. Fill a window with Custom Stickers and they will effortlessly advertise on your behalf, use them for short term or long term product promotions and see the difference they can make to your profits.

Floors! Heavy duty versions of Custom Stickers are perfect for sticking to a floor, they’re made from durable materials that are designed to be long lasting and hard wearing thus ideal for high foot traffic areas. Fill a floor with Custom Stickers and they become high-impact features made to customer specifications by a highly experienced Sticker Printing firm.

Your advertising media are the communication vehicles you use to convey your marketing messages. That’s why, in addition to selecting ones that reach your targeted audience, you’ll want to make sure they provide you with the best possible results for the least amount of time and money.

In this article, I’ll go over the most commonly used direct response advertising vehicles/types for small to medium-sized businesses, such as:

Newspaper
Direct Mail
Magazine and Classified Ads
TV and Radio
Internet Ads
Outdoor Media Billboards, Transit Signs
Press Releases and PR
Yellow Pages

and more

Obviously, the trick is to match your message to your market using a suitable vehicle. For instance, it makes no sense to advertise your retirement community using a fast-paced, loud, radio spot on a hip-hop station no matter what the salesperson says! So before you buy, make sure you’ve correctly identified your target prospects; created messages that motivate them and selected the appropriate advertising.

Here are some general tips for choosing your advertising medium.

1. Unless your target audience is broad, it’s best to choose 2-3 primary advertising vehicles ones that you can afford to dominate. Never, ever rely solely on one form of communicating with the public this is simply too risky. Rather, choose media that complement each other and ensure that your prospects hear about you in multiple forms.

2. Choose methods according to cost, targeting and response Any campaign can be broken down into costs per thousand, and if you’re using direct response advertising (which you should) benchmark your success using costs per sale. Your expenses include cost of design (also known as creative), production (producing or printing your ad), and placement (radio, advertisement, list purchase and postage).

As a general rule, the more targeted the medium, the higher the cost. In return, however, you should expect a higher response rate, so the cost per response can be lower than cheaper methods.

Choose advertising and publicity methods that are suitable for your target audience. Companies that sell advertising can provide you with a lot of helpful information about their audience. Also, it’s a good idea to look at other types of businesses that continually use various media. Then make sure they’re targeting the same audience as you. Bottom line: avoid guesswork, by testing before committing to major purchases.

3. Make sure you know your total marketing budget less what’s already spent or “promised”. This assumes that you’ve already developed this and that it’s based on:

Industry norms
Needed profit margins
Available cash
Opportunity costs
Company’s risk tolerance
Average Customer Lifetime Value (CLV) – the value of a customer over their time with business with a company. Simply put:

CLV = Revenues Received Cost to Get and Keep

4. Find out what your competitors are spending on media in the same markets. For example, if you decide to run a radio ad in the Chicago market twice a day, on two stations for two weeks and a competitor is running a similar ad in the same market but running it 15 times a day, on 15 stations for 15 weeks you’d be foolish to waste your money by trying to compete no one is going to notice your spot. This is another reason it’s so important to use reputable advertising agency to buy this type of advertising (goes for TV as well).

5. Even though your budget will significantly dictate your medium selection, you must also be aware and sensitive to your own sales cycles. For instance, if you’re the owner of an air-conditioning equipment company you understand that consumers don’t purchase a unit every year. Therefore, your communication has to be consistent and ongoing so you’re “top of mind” when they’re ready to buy. Also, you should develop another communication, particularly in the heat of summer, for folks who have a “burning” (no pun intended) desire to buy now.

Moreover, if you’re a jeweler you may want to beef up on your advertising right before Mother’s Day, Christmas and Valentine’s Day and do little, or nothing, in August.

6. Track and measure your results Advertising is an intricate science. Therefore, the best way to be sure that something is, or is not, working is to measure it using predetermined indicators. Gauge the effectiveness of your advertising from the beginning by keeping detailed records on what you did; when; to whom; for how much; and what happened.

Admittedly, the results of certain advertising are difficult to gauge. However, if you don’t measure and record your results you may be wasting money and missing the opportunity to make your decisions much easier the next time around. Key indicators to be assessed are cost per thousand, cost per response and percentage response.

Remember also that advertising forms a part of your business plan which is aimed at being profitable. If your advertising does not produce an incremental gross profit (more than costs directly associated with the medium) you need to know why.

7. Understand and adhere to laws Before choosing your advertising methods, make sure that you are aware of all local, county, state, and federal laws about data protection, consumer rights, customer privacy and opt-out regulations. This is especially important if you are involved in maintaining and using mailing lists (e-mail and otherwise), personal customer data, telemarketing, direct mail, fax-marketing and e-mailing.

Hope these tips will serve you well. Happy Marketing!

Outdoor advertising flags and banners are remarkably effective solutions for advertising or promoting different marketing campaigns. Location plays a crucial role to achieve the best out of these outdoor vinyl banners. One should keep in mind about the location while making final choice for advertising flags and banners. In order to attract massive attention, marketing flags should be placed at that site where potential customers can easily see these banners from a distance as well as close up. A right selection of location, content and design of outdoor vinyl flags and banners can make ones business known to every person who passes by. Now, one can easily customize outdoor advertising flags and banners with all the appropriate information, marketing policies and extensive service portfolios.

Choose a perfect design and banner

A quality and colorful advertising banner can patronize clients business in a most effective way and heighten the trade to a next level. Design elements should be attractive and contemporary. Extend the clients base with the efficient location, information, design and banner quality. Nowadays, banner printing industries are continuously rising in the market as trade show displays and banners are in demand amongst corporate activities.

Choose the banner that lasts long

A wide variety of publicizing banners are available in the market for business or home usage, which will remain good for a longer time. These are armed with some beneficial features like UV resistant, easy to install, waterproof and many more. Quality is basically defined by their fabricating materials and designing processes. Usage of thick material during fabrication can enhance its lifespan. Generally outdoor advertising flags and banners last for a long time as these are primarily coated with scrim vinyl polymers which effectively prevent the fading of graphics and content due to continued exposure to sunlight. These displays are considered as a great way to drive sales and generate interest amongst potential customers.

Site selection

Keep in mind about the perfect location before considering outdoor advertising flags and banners to promote the highlighted business campaigns and offerings. Outdoor banners as well as flags can be easily installed at any sites as they are firmly fabricated to deal with abnormal weather conditions. These vinyl banners are printed with all-weather heavy materials of the international standards quality. All the flags and vinyl displays are designed under the presence of experienced professionals to ensure maximum reliability and quality.

The latest trends such as the implementation of the fiber broadband connectivity, 4G implementation in the host cities of the FIFA world cup 2014 have resulted in an increase in the online advertising expenditure in Brazil.
The online advertising industry is valued at USD ~ billion in 2011. The online advertising industry has grown at a CAGR of ~% for the years 2006-2011. The access of the internet has increased through various sources such as the smart phones, tablets, laptops and the notebooks. The online E-commerce was valued at USD ~ billion in 2011. The mobile penetration in Brazil is 116 mobiles per 100 people. This has increased the advertising expenditure through mobiles. The internet penetration was ~% in the year 2011. The internet penetration is estimated to be ~% in 2016 as a result of the government initiatives to implement broadband connectivity in the semi-urban and rural areas.
The average time spent online by an internet user was ~ hours in the year 2011. The time spent online has increased at a CAGR of ~% for the years 2006-2011. The increase in the time spent online can be attributed to the content consumption of the internet users in Brazil. The social networking sites and content based sites such as UOL, Facebook were the leading advertisement publishers in the year 2011.
Online advertisers have advertised on the internet according to the online behavior of the internet audience. The social networking site Facebook was the leader in publishing the display advertisements. Content based sites such as the Globo.com and UOL were the second and the third largest websites respectively in publishing the display advertisements. Facebook was the market leader with a market share of ~%, followed by globo.com with ~% and UOL with ~% share of the display advertisements.
The leading advertisers in display were the online retailers. Drafiti.com was the market leader with a share of ~% with ~ billion display impressions in March 2012 followed by Netshoes.com.br, Microsoft Corporation and Google.
Online video advertisements were extensively used by the automobile industry, tourism industry and the real estate agencies in Brazil. Search advertisements had witnessed an increase in the market share over the other segments of online advertisements. The market share of the search advertisements has increased from ~% in 2006 to ~% in 2011. The online search advertisements increased over the years as a result of the increase in the wireless devices in the country.
Online ad spending is expected to rise because of the 2013 Confederations Cup, the 2014 FIFA World Cup and the 2016 Rio Olympics- all of these events will be hosted by Brazil. The online advertising will have a major role in the revenue generation for sports brands, promotional activities, tourism industry and e-commerce in the coming years. Macro-economic factors such as the taxation systems in Brazil, online content regulations and the increase in the urban population in Brazil have been extensively in the report.
The report extensively covers the impact of the upcoming sporting events in Brazil such as the Confederations Cup, the FIFA football world cup and the Rio Olympics in the coming years.
Key highlights of the report
The segment wise online advertising expenditure break-up.
The revenue models and value chain in the online advertising industry of Brazil.
The impact of 4G and LTE networks in the country.
The impact of the mobile subscribers, E-commerce on the online advertising.
Leading online advertisers and advertisement publishers market share in Brazil.
The increase in the internet users in the country

For more information on the industry research report please refer to the below mentioned link:
http://www.ammindpower.com/report.php?A=309&T=D&S=105