Most local Businesses running institutional advertising ads that don’t get much response.
If a business runs ads & wants greater results; all they a have to do is start running direct response ads.
Definition of Institutional advertising
Institutional advertising is aimed at creating a brand, building reputation, or
promoting an idea; it’s not a sales promotion. It has a one size fits all marketing message and it’s focused on the advertiser not the prospect.
Definition of Direct Response Marketing
Direct response advertising when deployed correctly, grabs the readers
attention, draws them into the ad copy & triggers an emotional response. It also
contains a call to action, compelling the prospect to do something specific.
Needless to say a hot prospect is more apt to respond to a direct response ad that gets their attention then promises to solve their problem over an institutional ad running a logo any day of the week.
How Much Does It Cost To Run An Ad?
When you run an ad it costs you the same no matter what the result; even if you get no calls, 10 calls, 100+ calls etc. If you want to get a greater response then start running ads offering solutions your prospects wants & needs.
Three Steps To A Successful Ad Campaign
1 The first thing you want to establish is ad tracking & measuring; so you analyze the results. You need to know what each ads response rate is so, you can determine the ROI.
2 The second thing you want to establish is a baseline; this is your best working, responsive ad that you run & want to improve upon.
3 The third thing you want to do is improve upon the baseline ad; you test one element of the ad at a time.
You need to understand running an ad is a process & as a process it can be measured, quantified, compared, & that process can be improved.
Note: There are ways to test ads without running them in expensive newspapers or magazines.
Tip: Given that the headline is the most powerful element of an ad as it is the attention getter & 90%+ of the ads pulling power; you’ll want to test that first.
Here is a short list of ad elements you can test for an ad?
- Headline
- Subhead
- The proposition
- The call-to-action
- The price
- Could add risk reversal
- Could add bonuses
- Change the image if it has one
- Could test packaging
Ad Packaging Example
If you’re selling 1 item try something 5 items at once. Add bonuses to induce purchase
Something to think about
One ad can out pull another but do the prospects it pulls convert better?
If a prospect responds to your ad go to the effort to capture their contact information; so, you can follow-up with a call or an email as it can double or triple the yield.
Once you are comfortable testing your ads then you can work on improving your conversion rate.
If you stop making marketing mistakes like running weak or ineffective ads you will multiply your results.
If you want some help
- Tracking your ads
- Improving your ads for greater response
- Optimizing your conversation
Then shoot me an email & we can work something out
Pick my brain: I can give you the marketing strategies & the marketing tactics you need, to grow your bottom line profits without you having to invest any money, time, or effort on your part. Or just shoot me a question & I’ll be happy to help you. What keeps you up at night or what problem are you trying to solve?
Click the link to go to Drew’s Contact Page or shoot me an email at drew@ marketingwizards.ca (remove the space after the @ sign)