Showing posts with label competition. Show all posts
Showing posts with label competition. Show all posts

Friday, March 20, 2009

Raiders of the Radio Ad Budget

Ever stopped to count all the different competitors in your market, trying to raid your clients' shrinking advertising budgets?

After posting on the supermarket video ad display yesterday, I thought it might be interesting to compile a list and see how long it gets.

Here's what I've come up with for starters. Please feel free to add to it using the Comments button below.

Newspaper display ads.
Classified ads.
Newspaper inserts and flyers.
Weekly "shoppers" and other print publications.
Cable TV.
Broadcast TV.
Magazines.
Billboards.
Sports programs.
Sports pocket schedules.
Sports schedule posters.
City maps.
Concert programs.
Yearbooks.
Backs of tickets.
Bumper stickers.
Direct mail.
Door hangers.
Yellow Pages ads.
White Pages ads.
Website banners.
Search ads.
Sponsored links.
Bus stop bench ads.
Airport panel ads.
Hotel window boxes.
Mall kiosks.
Supermarket video displays.
Movie theater ads.
Bowling alley score-sheet ads.
Restaurant menu ads.
Advertising specialties (pens, key chains, etc.)

Tuesday, March 17, 2009

How to Squander a Perfectly Good Ad Budget


Advertising dollars are scarce in the best of times. Competition is always fierce. But in today's economy, can any businessperson afford to squander his limited advertising budget?

You wouldn't think so.

The sheer number of competitors for local ad dollars is matched only by the mind-numbing stupidity of some of these new alternative forms of advertising.

For a couple years now, I've watched and winced as a local grocery store (a client of mine, no less) has made wall space available to an out-of-town company to mount two flat-screen monitors that carry Powerpoint-type video display ads. These monitors are mounted eight feet or so above the ground, spaced 20 or 30 feet apart at the end of the checkout lanes.

I've stood around paying close attention to see if anyone even glances at these things, let alone watches them long enough for an impression to register. Drives me crazy to see all the advertisers they've bamboozled, including a few regular Radio advertisers (and many that have never spent a dime on Radio. Isn't anybody calling on them?)

Here's a view from the vantage point of Suzy Shopper, the captive consumer, standing in line waiting to be checked out. Presumably, instead of watching her groceries being scanned and rung up by the checker, while engaging in a brief, pleasant verbal exchange, Suzy's head will turn 90 degrees and her eyes will be fastened upon the monitor, as she checks out all the wonderful ads. (Assuming it's turned on. It's been dark on more than one occasion.)

Think she'll head right home with all her groceries? Nah, she'll drive to the French restaurant instead. Maybe have a new furnace installed. Or else she'll drop by the real estate agency and shop for a new home.

Right.

It's painful to think about all the ad dollars that have been wasted on this garbage "medium." At the same time, it represents an opportunity for a conscientious Radio advertising professional to help a business in dire need of better advice.

What similar opportunities exist at this moment in your market?