Guide to Home
Business Advertising
The media is a powerful tool, the average person
spends an huge amount of their life consuming it in one
way or another, and will spend a significant percentage
of that time looking at, listening to or watching some
kind of advertisement. If you want to use the power of
the general media, you need to know what you're
doing.
Advertise in
Magazines and Newspapers
There are three kinds of advertising you can get
in newspapers and magazines: classified, advertorial and
display. Classifieds are the small ads towards the back
of the publication, while display ads can be almost any
size, from a small corner of a page to a massive full
page spread. An advertorial looks like an article but is
in fact an advertisement.
If there's a certain publication
you're interested in advertising in, either go to its website
or call its advertising department to find out the rates.
Advertising in the print media really is that expensive, and
for most home businesses it probably just won't be that
economical.
There is, however, an
exception: niche and trade magazines. If you've ever looked
around in a news stand, you will have seen just how many
magazines there are out there, filling every niche in the
market. You need to find the magazine that people who are
interested in your services might read. For example, if you're
a wedding photographer, look for a magazine called 'Wedding',
'Brides', or something similar.
Advertising in these
magazines will be far cheaper than placing an ad in a general
audience publication, and far more likely to actually get some
targeted responses.
Radio
Advertising
Wherever you do business, the chances are that
there's a local radio station. Once your home business
grows to a decent size, you might consider buying some
air time on it.
Really, though, the only
kind of home business that can benefit enough from radio ads to
justify the cost is one that does anything to do with cars.
Since radio is almost entirely limited today to in-car
entertainment, you know that almost everyone your ad reaches
will be a car-owner, and so might be interested in what you're
offering. If you offer something that people need cheaply or
even for free, you can get a big response.
Television
Advertising
Unless your business is pretty big, this might
be a bad idea. You'd have trouble producing and showing
an ad even on local cable stations for less than $10,000.
Of course, if there's a market for your product and
you've got the budget for this, you could take a chance
and possibly make a profit. The home businesses that tend
to do best out of TV ads are ones that have a 'unique and
useful invention' product with easy-to-demonstrate
benefits like an infomercial. Research shows that you can
sell almost anything given a 60-second ad, a free phone
number and a price point of $19.95.
Billboard
Advertising
Here's one that gets overlooked pretty often,
but can be very effective if you do it right. Billboard
ads are typically expensive, but they do generally stay
up for a long time, and they can be very targeted to an
area where they're physically located. You'll have the
best results with this if you can put one near enough to
your business that it could say: turn right at the next
intersection, or something like that. Phone numbers are
pretty useless on a billboard, but you could have some
luck putting a website address up
there.
Local Theatre
Advertising
Here's one avenue that often gets overlooked. If
you turn up to the cinema early, you might have seen that
before the big-budget ads, ads for local businesses are
run. This can be a great place to advertise relatively
inexpensively in quite a high-profile way, and it works
especially well for carry out food
businesses.
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