Internet Mumpreneurs - Online Marketing Tips For Home & Internet Based Businesses

How To Nurture Your Online Business (even if you’re not a mum)

How To Buy Advertising Space Without Getting Ripped Off

By Leigh Hunt • Category: Advertising Your Online Business, Grow Your Online Business

Buying print advertising may be something that you want to experiment with as part of the marketing strategy for your business.

Personally, I don’t think print advertising is worth the investment.

Results are difficult to quantify, demographics are too broad, and it takes a BIG budget to really see any benefit.

As a small business owner, I believe the best place for you to spend your advertising budget is online.

This is because:

  1. You can target your audience more specifically.
  2. You can quantify the results easily with free tools such as Google Analytics.
  3. You can optimise your marketing by testing different adverts to find out what works.
  4. People searching online are active, not passive. This means they are actually looking for you.

But, if you really want to invest in some print advertising, you will find the following tips very useful to avoid getting ripped off:

  1. ONLY buy advertising space in the classified section at the back of the magazine.
    Classified advertising is broken down into sections. Anybody looking at your advert is doing so because they are actively looking for what you are offering. They are a warm lead.Unless you’re a huge multinational company with a marketing budget in the millions, never EVER buy advertising that appears within the body of the magazine, typically a quarter to full page spread.These are only useful for brand awareness campaigns. Such as the ubiquitous adverts for brands like Fairy washing-up liquid, or Pampers nappies.For branding adverts to work you need to plaster your ads in lots of publications. That way people see your brand over and over again and become familiar with it.
    Brand advertising might work for mass-market products with multi-million budgets, but it’s probably not going to work for your home business.
  2. NEVER pay full price for advertising.
    Find out when the deadlines are for advertising and wait until the very last minute.If there is space left, you can bet that the magazine will be desperate to fill it. After all, the square root of f*@k all is f*@k all, and advertising sales people know that.
  3. NEVER accept the first offer of a discount.
    Play it cool. Decide beforehand what discount you would be happy with, and don’t accept anything less. You can always walk away and try again next month.
  4. Ignore comments like: “There’s not much space left so you’ll need to decide quickly”, or “We have someone else interested in that spot so you’ll need to act quickly”. It’s classic sales patter, and 9.9 times out of 10 it’s utter bull!
  5. Always start off with the smallest possible advert you can.
    Usually this is 3 x 1 (advertising speak!). If the advert proves successful you can always increase the size.
  6. Include a clear call to action in the advert.
    What is it that you want your potential customer to do? e.g. ‘Call now to save money’.
  7. Rather than advertise your paid products, advertise a free giveaway.
    This incentivises people to come to your site and give you their contact details. You’ll then be able to build relationships with those potential customers, increasing your conversion rate and return on investment.
  8. Test, test, test.
    Include a code in your adverts that customers have to tell you when they buy. This is crucial so that you know which adverts are working and which aren’t.

Now, go get that great deal!

If you've enjoyed reading this article then please subscribe to my RSS Feed.

Leigh Hunt is a proud work at home mum and serial Internet Mumpreneur. She's been running online businesses since 2002 and absolutely LOVES it! She loves it so much that she decided to start this webzine to support other mums (and dads) starting and running businesses online. She has finally embraced her passion!
Email this author | All posts by Leigh Hunt

4 Responses »

  1. Brilliant advice Leigh - as ever! I did use a publication to advertise in once and I happened to call near the dead-line, the price was eventually negotiated down to almost 75% off the original price of the ad! I was luckt with my timing and could clearly hear the desperation in the sales guys voice - otherwise I would probably of just accepted the set price without realising that it’s up for negotiation.

  2. Hello

    Very useful advice which everyone should use. Remember sales executives are trained to sell, so expect the deadline offer and then ask for the better offer.

    Mally

  3. Great tips! I especially like number 4, seems like I hear junk like that all the time no matter what they’re selling or where they’re selling it!

  4. Hey Leigh,

    The key to success in any business whether you work from home or not is traffic! The bottom line is this; If it costs you less to get targeted traffic to your sight than you make when those people turn into your downline or customers if you have a traditional business then it doesn’t matter how much money you spend on advertisng…It’s all about numbers.
    I like free traffic wherever I can find it and am always on the look out for something which can put customers in front of me without me paying a cent for the advertisement which brought them to me but I will pay when I know I can sell them the product.
    I use a free blog-dating (your blog and mine meet up, have links and both get huge Google page rank from it) to bring my costs down online. have a look at the review on my blog; http://cashelephant.blogs.ie/
    the software is called RealLink Finder and it’s a great tool to help your blogging empire.
    cheers,
    Neil.

Leave a Reply

Related Posts: