Publicity and Media Buying
We all know that publicity can generate good sales, and most of all establish a positive image/branding.
So why do so many advertisers, primarily the big companies, spend thousands on wasted media. Wasted media? Let me explain my definition of wasted media money.
We all know the publication industry makes money from its advertising. And the most costly ad placements within publications are the back cover, inside covers and specified placement.
Take this test. Pick one of your favorite magazines. It doesn’t matter what industry, the example will apply. Turn the first page. See the inside cover? It is probably facing another full-page ad, right? Or the ad is a spread. Now turn the page again. Another full-page ad, with another facing ad!
This can go on for 5 to 6 pages, or more until you get to the contents page. Now imagine, these advertisers all paid a premium to be in the front, especially the company that bought the inside cover.
Most consumers open the magazine to find the table of contents to see what interesting articles to read. So as you open the magazine, you skip all those colorful ads, and spreads. The winner is the advertiser who bought the placement next to or across the contents page.
The other smart media buyers are those who bought space next to articles, or within an article.
Imagine, if the company that paid a premium would have bought the space next to an article and put the savings into the publicity campaign, the results would be greater all around!
I’m probably going to get hate mail from publishers, but the reality is that the inside covers no longer get viewer ship or create leads as they did 20 years ago. In my book, it is money wasted. Spend more with the publicity and see the positive results.
- Learn How To Save Money On Media Buying
Publicity can be less costly if you know how to buy media