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Advertising and Promotion in Santa Barbara. What you need to know to develop a plan!. Presenters. Steve Patchen, Score Mentor srp1930@gmail.com Sarah Sinclair, Advertising Director, SB Independent sarah@independent.com Kim Clark, Partner and VP of Business Development, Noozhawk
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Advertising and Promotion in Santa Barbara What you need to know to develop a plan!
Presenters Steve Patchen, Score Mentor srp1930@gmail.com Sarah Sinclair, Advertising Director, SB Independent sarah@independent.com Kim Clark, Partner and VP of Business Development, Noozhawk kim.clark@noozhawk.com Gabriele Huth, Account Executive, SB News-Press ghuth@newspress.com
Size of Advertising & Promotion Budget • A/S Ratio (Advertising Age, by industry) • Task (Define by various objectives) • Unit (Auto industry) • Acquisition (cost) per sale
Characteristics of Your Audience • Demographics • Psychographics • Special interests • Residential zip codes
How to Reach Them Most Effectively and Economically • Media habits • For products…in-store display and shelf space • Direct marketing • Word of mouth
Santa Barbara’s Most Popular Media Choices • Santa Barbara Independent • Sarah Sinclair • Noozhawk • Kim Clark • Santa Barbara News-Press • Gabriele Huth • Go Viral with Google, Bing, Yelp, • Facebook, LinkedIn, Craig's List
“One-half the money I spend on advertising is wasted. The trouble is I don’t know which half.” Jon Wanamaker • Measure and adjust • Poll clients • Fine tune
Best Media for Demonstrable Products and Services • Internet • Sight and sound • Infomercial • Multi-media buy • Spokesperson • QVC/HSN
Outsourcing Your Advertising? • Freelance vs. agency • Each has advantages and disadvantages • Be more productive with outside help
Advertising Terms REACH: total number of different people or households exposed, at least once, to a medium during a given period FREQUENCY: number of times this audience is exposed to an ad RATINGS: percentage of total potential audience who choose a particular media vehicle over another. In broadcast media the number of households with their radio/tv tuned to a particular station/channel or program for a specified length of time divided by the total number of households that own radio/tv. Read more: http://www.businessdictionary.com/definition/rating.html#ixzz38Wp2IWTe
Advertising Terms (cont’d) SHARE: percentage of radio/tv turned to a particular station or channel during a given time period IMPRESSIONS: number of audience exposed to a media schedule. On the web, basis on which advertising is sold; usually 10 ppg views or hits equals one impression TRAFFIC COUNTS: study and analysis of the number and kinds of people passing by a particular location, determining the potential buying power in a given area
Differentiate Your Business From The Competition USP Positioning Branding
Thank you for attending. We have SCORE mentors here today waiting to assist you. Upcoming SCORE Workshops September: TBA October 8: Social Media, presented by Masen Yaffee President, New Directions in Computing