Times of Eswatini

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7¶6 often said that µit taNes money to maNe money.¶ This often refers to the fact that a business must advertise in order to create an awareness of what is being offered to the general public. The average person is e[posed to over 000 different brands and messages every day that promote a business or specific products. This means there are some certain advantages that can be gained by advertisin­g, but there are certain disadvanta­ges in the modern advertisin­g campaign that must be considered as well. ,f you¶re thinNing about a new advertisin­g campaign, then here are some of the pros to consider as you begin creating.

1. it’s an easy way to create a value propositio­n.

3rospects need to see that something can solve a problem for them in order for them to consider maNing a purchase. 9alue is often seen as saving someone time or saving them money. $dvertising is an easy way to prove that there is a value propositio­n to be considered with a brand or product. ,f the real value which is received is eTual to or greater than the perceived value received in an advertisin­g message, then a solid relationsh­ip can be built.

2. It creates a way to set brands and products apart from the competitio­n.

3eople today don¶t just want to buy something that is µgood enough.¶ They want to purchase the best product at the best price. ,f someone has got US$ 00 to spend on Champagne and there¶s a bottle of 'om 3erignon found within that person¶s budget, would they spend all of their

cash on the bottle of 'om or buy five bottles of US$20 Champagne instead" Setting a brand apart gives the product e[tra value and that¶s why most people would purchase the bottle of 'om.

3. It reaches multiple demographi­cs simultaneo­usly.

$dvertising is one of the easiest ways to reach out to multiple target groups at the same time. This action helps a business to better discover who their primary customers tend to be, the demographi­cs to which they belong, and provides informatio­n that allows for prospect cloning. ,t also gives a business the chance to reach out to multiple new demographi­cs in order to judge how influentia­l their marNeting messages happen to be.

4. One single target demographi­c can also be emphasised.

$dvertising also allows for a business to specifical­ly target one demographi­c. This is seen every day with direct mail campaigns, email marNeting, and even food commercial­s that air right when people get done with their - grind and don¶t feel liNe cooNing. ,f a business Nnows when and where they can reach specific prospects, then advertisin­g creates a natural relationsh­ip-building point that can help prospects engage because they appreciate the value propositio­n that has been created.

5. Ultra-specific demographi­cs can be targeted today.

,n the past, advertisin­g was about choosing a certain time of day, a specific zip code, or households that earned a certain amount of money. Today all of these can become filters for an ultra-specific advertisin­g campaign that happens online. This allows a business to find their best customers in the best places and Neep replicatin­g those results over a potentiall­y infinite period of time.

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