Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Want to cut your ad budget?

Written by: John Jantsch

Article Overview: Advertising is a very effective way to generate leads, but it remains one of those double edge swords type of things for budget crunched small businesses. On the surface, advertising can represent the single greatest marketing expense - on the other hand, it is how most businesses take it to the next level.

Free Download - Weekend Favs May Twenty One By John Jantsch
Name: Email:

Want to cut your ad budget?

Advertising is a very effective way to generate leads, but it remains one of those double edge swords type of things for budget crunched small businesses. On the surface, advertising can represent the single greatest marketing expense - on the other hand, it is how most businesses take it to the next level.

So how do you guarantee you are getting the most bang for the big bucks. In one word, tracking. Now that may sound a little simplistic, but experience tells me few businesses take the time to do this, let alone do it right.

When you systematically measure every possible nuance of your advertising, both creative and placement, two things happen. You begin to develop advertising that is guaranteed to work and you cut out every ounce of advertising fat.

Almost every small business I’ve ever worked with has confessed to buying more than one ad based on the fact that a salesperson walked through the door and convinced them it was a great idea. (This number was significantly higher when the salesperson was young, attractive and of the opposite sex.)

Now, is that any way to spend a significant portion of your precious marketing budget?

When you measure your advertising for very specific results you can begin to test and place ads in new and unique places. You can begin to refine every aspect of your sales process. You can understand exactly why people buy and when. See, tracking becomes endemic when done right. You can measure far more than the response to an ad once you get the hang of it.

You can measure referrals, media mentions, job applications, smiles, handshakes, requests for information - the sky’s the limit. And, it will make you a much more systematic marketer, shielded from the whims of the next person that walks through the door and offers unsolicited marketing advice.

Ok, so now you’re convinced you need to do this you simply need the tools, right?

I’ve discovered a fabulous tool called AdSymetrix. This tracking service allows you to monitor the results of every online and offline campaign you can conceive. You can use it for direct mail, AdWords, magazine ads, email campaigns, and even track conversion from online press releases. To me, this is the missing piece in the marketing puzzle. The founders of AdSymetrix are also busy uncovering and testing new low cost places for you to advertising. Media agencies and publishers are turning to AdSymetrix to provide third party validation on the effectiveness (or not) of their respective publications.

In the spirit of full discloser the founders, Rick Rochan and Andy Schwartz, are also Duct Tape Marketing coaches, but that simply means that they have a much more fully developed appreciation for the marketing aspects of using a tracking tool. Expect to see the AdSymetrix toolset fully baked into the Duct Tape Marketing system.

In fact, the first 10 Duct Tape Marketing readers who want to give AdSymetrix a test, can send me an email to john@ducttapemarketing.com and I’ll make sure you get a free trial.

Related Articles
  Get the Budget - Skip a Wild-Goose Chase
  Mid-Week Sales Relief - No Budget, No Sale!
  Has Your Business Budget Crossed a Line?
  How to Handle the Budget Objection
  Living on a Budget Still Possible In Today's Tough Economy

Home > Entrepreneur-Advice > John Jantsch > Want to cut your ad budget
Article Tags: double edge, fabulous tool, greatest marketing, job applications, marketer, marketing budget, next level, nuance, ounce, referrals, salesperson, skys the limit, small business, small businesses, smiles, swords, whims

About the Author: John Jantsch
RSS for John's articles - Visit John's website

John Jantsch is a veteran marketing coach, award winning blogger and author of Duct Tape Marketing - The World's Most Practical Small Business Marketing Guide (foreword by Michael Gerber, author of The E-Myth) published by Thomas Nelson - due out in the fall of 2006 He is the creator of the Duct Tape Marketing small business marketing system and Duct Tape Marketing Authorized Coach Network. His Duct Tape Marketing Blog was chosen as a Forbes favorite for small business and marketing and is a Harvard Business School featured marketing site. His blog was also chosen as "Best Small Business Marketing Blog" in 2004, 2005 and 2006 by the readers of Marketing Sherpa.

Click here to visit John's website
Dashed Line

Duct Tape Marketing
More from John Jantsch
Are You Creating Art or Creating a Factory
Those idiots in sales just dont get it
Adding Social Features to Your Web Site
Selling the Soul of the Business
Marketing is What You Do and What You Say


Related Forum Posts
Re: How do you budget your life? Re: How do you budget your life? - Why Budget? Here are twelve good reasons: A budget is a guide that tells you whether you're going in the direction you want to be headed in financially. You may have goals and dreams but if you don't set up guidelines for reaching them and you don't measure your progress , you may end up going so far in the wrong direction you can never make it back. Can you imagine the government or a major corporation operating without a budget? No, and neither should you. A budget can help you meet your savings goals. It includes a mechanism for setting aside money for savings and investments... A budget helps your entire family focus on... A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to use on things that matter to you. A budget helps you sleep better at night because you don't lie awake worrying about how you're going to make ends meet.........................
Re: A note for software companies struggling in this bad economy Re: A note for software companies struggling in this bad economy - Hi Hasnaeen, I will be interested in outsourcing my software need to your company, but I don't have huge budget to use, do you work for people like me who have low budget
Re: Will you budget your business in 2012? Re: Will you budget your business in 2012? - [quote="ideasuniversity":2yq3o5c0]I have already set my budget for 2012. This will help my business to grow. A business without a yearly budget will spend some of the income impulsively and it may destroy future projects[/quote:2yq3o5c0] This is very true Yinka and without a budget or income and expense account you will not know whether you are making a profit or not. MichelleJ
Re: Will you budget your business in 2012? Re: Will you budget your business in 2012? - I have already set my budget for 2012. This will help my business to grow. A business without a yearly budget will spend some of the income impulsively and it may destroy future projects
Finance - Budgeting Finance - Budgeting - Hi, It is always good to plan our budget and spend accordingly. A good budget can help keep your spending on track and even uncover some hidden cash flow problems that might free up even more money to put toward your other financial goals.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Ready for a Fresh Image?

Small Business Internet Marketing

Environment and productivity at the office

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.