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Why do Ad Agencies never Advertise?

Written by: Darrell O'Dea

Article Overview: Because they know that it doesn't work!

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Why do Ad Agencies never Advertise?

Question: Why do Ad Agencies never Advertise on National TV?

Answer: Because they know it doesn’t work!

When it comes to you building a brand or name for yourself you need to know where to spend your money and not be guided by your ego. Yes it’s great to brag about having your name on T.V or radio to your friends. It makes you sound important. The truth is for a small business with a finite amount of money to spend, it just does not have an impact at all, you won’t connect with your customers.

Let’s face it, customers are your business, so you need to find them and speak to them. Discover their problems and solve them, you need to make them happy so they will tell their friends.

You are better off spending your money on developing yourself and your team. Train them to deal with customers so that they enjoy their buying experience, companies like McDonalds and Starbucks have done this for years. Do the small stuff, but think BIG!

The biggest challenge you will face when building your business is building a list of prospects, that will become customers. Joint Ventures are the way to do this. They are a terrific low or no cost way to get loads of other business people to recommend you to their customers, (recommendations always outperform sales calls) it won’t cost you any money and it will get results.

So don’t get sucked into the pressure of having to do massive (by that I mean expensive) campaigns – think and be creative and you will stand out. If you place adverts do it in publications that really talk to your market, niche publications and then test and measure the results.

darrellrants

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Home > Marketing > Darrell O'Dea > Why do Ad Agencies never Advertise
Article Tags: building a brand, campaigns, ego, joint ventures, market niche, mcdonalds, money, national tv, niche publications, prospects, radio, rsquo, siness, small stuff, starbucks, style text, truth

About the Author: Darrell O'Dea
RSS for Darrell's articles - Visit Darrell's website

CEO of Explode marketing - Ireland Guerilla Marketer - On & Off Line. Married, father and husband. Worked in Construction & Engineering for 15 years. Then set up The ICES Group - Education Company. Living in the countryside - Love writing and walking. Have written two books to date ... Eliminate Your Debt Forever & My Financial Journal Third book in progress, almost ready to launch. "Guerrilla Marketing in a Banana Republic"

Click here to visit Darrell's website
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Web magazine publisher Web magazine publisher - My duties 1) Research the articles that goes into each of my webzines - science fiction in all media, various sports (Yay, Lady Vols, 8th championship in 2008, by the way!) 2) Write the articles 3) Format and upload them to the web 4) Email and network various contacts to get out the word that new articles are available. 5) Email authors, actors, etc. etc. to see if they want to do interviews. 6) Advertise for more contributors - and then edit and upload their material!
Re: How do I implement blog advertising spots into my blog? Re: How do I implement blog advertising spots into my blog? - Hi topeyinka, Ken from the PPG forum, advised us once on these prices: Above fold $100 per month for banner add size 468px X 60px (in a header position, or similar) $50 per month for the cost above the fold for a banner add size 125px X 125px (this is the standard blog ad) $20 per month for a text link above the fold. Below the fold... 50% discount from the above plans. These are for a website, not a blog,. I don't know about a software, just place the text: "Advertise with us -contact..." or something like that on the blank places in your blog.
Re: Improving Cash Flow Re: Improving Cash Flow - [quote="unlimited22":2cjbv6jo]Not knowing your business model, I would first ask if you have a brick and mortar business or do you run it completely online? With so many new social media sites such as Twitter/Facebook/Firndster/myspace and click ads via Google, Yahoo, Facebook etc your main goal should be to increase traffic to your site/business while minimizing daily overhead expenses. Good Luck![/quote:2cjbv6jo] I agree. Cut your costs as much as possible. That will instantly increase cashflow. Advertise with guerrilla marketing. Google guerrilla marketing you should find some stuff.
Different types of funding Different types of funding - Business Relationship Funding This is another source of funds that can be overlooked. It may be possible to introduce potential alliances to add value to both parties. It may produce an ultimate exit route in the medium to long term. Joint Ventures: Requires a legal agreement embodying the deal and another company Partnerships: Two companies collaborate with possible funding. Joint working relationships: These are an informal partnership which may be more project specific where the parties can share resources. Agencies: These can be geographical or product specific and generally incorporates a payment for the right to the agency. Distributors: Very like an agency but may not necessarily involve up front payment. Alliances: These do not require a separate company and can be embodied by a legal agreement to work together. Trade investors: Otherwise known as Corporate Partnering. This can be a good way to involve a much larger company in the business with a view to possible trade sale further down the line. Associates: This can be a loose arrangement with no fundamental commitments either way, rather like a preferred supplier. Equity Swop: Two companies exchange shares to a similar value to develop both businesses. Franchises: This can allow the business to grow without further direct investment. Licensing: This involves licensing a product or service to enable others to sell it. This requires you to own the intellectual property.


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