Advertising Help for Entrepreneurs and New Businesses
Since print and TV ads are so expensive, people starting new businesses need to find new ways to advertise. There are many options that are out there, each with some pros and cons.
Advertising by direct mail, and it's email counterpart are used by many companies successfully. This is the kind of advertising that is guaranteed to reach the customer and may claim their attention. There are many problems with this method, unfortunately. The beginning is the cost. Sending them in the mail takes a lot of money (paper, ink, stamps) and labor (printing, folding, stuffing, addressing). The same amount of labor is needed for direct mail delivered by electronic means, but the monetary costs are eliminated. in mind that spam filtering in most email programs, will limit the reach of electronic direct mail. Also, alot of this type of direct mailing is thrown away, without a customer ever opening it. This isn't the best form of advertising for new companies, due to its major drawbacks.
An ad in the Yellow Pages was once close to a requirement for a business to succeed. At that time, businesses advertised in the Yellow Pages because they knew customers would look there first when they needed goods and services. In the past several years, however, Internet has taken over the phone book as the main source for information gathering by customers. A large percentage of people have no landlines, and thus don't have local phone books. Using the yellow pages may be a good approach for the secondary market, but it cannot be used as the main way to reach your new customers.
With the advent of social communities on the Internet, an entirely new way of publicizing your business has been born. Many people who fall within the younger demographic participate in online communities and are devoted to supporting "friends" who participate with them. You can carefully select your audience by reading profiles of potential customers and even customizing your message to certain social groups.
A lead-generating web site is probably the best single ad source for businesses that provide services. These websites will give companies access to the personal information of customers who sign up with the site and request information. You have to pay for the setup of the account and background check, as well as, a fee for each lead. The ability to reach interested customers directly, either by phone or email is invaluable. These services help businesses look respectable by allowing them to use the company's logo.
The best advertising is always word of mouth, so be sure to tell everyone you know that you are currently in business. Additionally, be sure to ask your customers for referrals. As your reputation grows, so will your business.