Media Choices For Wholesalers
by Joshua Brown
October 1, 2009
The
best move is to try everything and see what works best.
Often
people will ask me random marketing questions. Sometimes I can answer them
easily, but other times it takes a long conversation to get the right answer.
One of the most frequently asked questions I hear is, “Which is better: radio,
cable, broadcast TV, or print advertising?” Trust me, it’s a difficult question
to answer. Companies are so different.
No
one can say that this or that medium always works for all plumbing wholesalers.
I’ve experimented with all types of advertising. For companies with the money
to do so, the best move is to try everything and see what works best.
Unfortunately,
we’re not all rolling in surplus right now and this may not be a viable option
for most companies. So what makes one media outlet better than another? First,
you need to ask yourself some questions about your company. Here are some
questions to consider.
Who is your ideal customer?
You
need to decide on an ideal person that you think of as a customer. For example,
are you targeting a 40-year-old plumber who watches sports, owns his own
plumbing business, and specializes in commercial or residential projects around
your area? If that person is your ideal customer, you need to find the best way
to reach him. Sports programming will work, or maybe an ad in the sports
section of the newspaper. But think about how this customer spends his day.
Does
he listen to sports radio in the morning, work all day, listen to sports radio
in the afternoon, and then turns on the game when he gets home? You have a lot
of opportunities there: You can advertise on the radio in the morning and the
afternoon when the plumber is listening to his sports program, or you can
advertise at night during the game. Obviously you will have to take cost into
account, but there are still more questions to ask.
What are the best media stations in your area?
Everywhere
is different. In Boston we have the New England Sports Network and Sports radio
WEEI, so it’s fairly easy to get in front of this “ideal” customer. However,
many places have more than one sports radio station and more than one sports TV
station. So the best bet is to meet with every media outlet. Gather information
about each outlet and base your decision on cumulative numbers.
Everyone
is going to show you how they’re number one in something. Look for cumulative
numbers of adults 35 and older who own their own business in the plumbing
industry. If the outlet says it can’t get you these numbers, they’re wrong.
Most stations have more information than they know what to do with. Their
ratings and numbers are part of expansive systems that can get you the
information you need.
Cost
can be an issue here too, because the best station is going to cost the most
money. Then you have more things to consider. If there is one sports TV station
and three sports radio stations, and the top radio station beats the TV
station, most likely the TV station will charge less. In this kind of
situation, choose the TV station because it dominates the market. More people
may listen to the top radio station, but it has a lot of competition.
How much money are you willing to spend?
Each
media outlet is going to charge different prices. You can get proposals from
every media station to fit your budget. But remember, you won’t necessarily
gain more from being on seven channels three times a day vs. being on one
channel 21 times a day. When you invest in cable television you will only reach
the people who subscribe to that specific cable company. So while you may be
buying multiple stations, how many people are actually seeing them?
If
you buy broadcast television you’ll only be on a single station, but everyone —
regardless of their cable service — will see your commercial. Spend your money
wisely.
With
so many advertising options, the best approach is to find your ideal customer
and then do a lot of research in your market. Here is where you should start
looking after you’ve identified your ideal customer.
Ideal Customer
Let’s
say your ideal customer is a 35-year-old woman with a household income of more
than $100,000 a year, living in a home valued at $500,000-plus. For this
person, your best bet will be to look at broadcast stations such as your local
CBS, ABC, NBC and FOX affiliates.
You
can get some good daytime advertising that will reach the many women who watch
Oprah or the morning news while getting the kids ready for school. If you’re
looking for radio, target “top hits” and popular music stations. Whether the
women are listening to it or the kids want to listen to it, it ends up on the
radio anyway. Also, target print advertisements in the Home/Living sections of
newspapers or in local magazines that feature local companies, cuisine, etc.
Or
say your target customer is a 40-year-old male who owns a plumbing company that
does commercial work in the surrounding area. It may require some repetition to
attract this customer. Cable is a viable option in this case because you can
pick and choose your stations based on what you think your customer enjoys. You
can advertise on ESPN, A&E, The Discovery Channel, or even HGTV depending
on how you view your customer. Keep in mind that the people who will see your
message will have to be subscribers to the service you are advertising on, so
make sure that you’re picking the largest cumulative service provider.
Also,
sports radio stations and talk radio stations are very effective. These
stations reach many men. Often you can reach them on their way to work while
they’re thinking about their daily activities or after work when they’re
thinking about what they have to do tomorrow.
Consider
another ideal customer: a 30-year-old male who loves to do his own work around
the house and doesn’t want to spend money on a plumber when he thinks he can do
it himself. For television, consider a FOX or NBC affiliate, as their
programming tends to lean towards men. For radio, an alternative rock station
or talk radio should work well. Also advertise in magazines that feature “how-to”
sections that will spark his interest.
It’s
a challenge to find your exact ideal customer. I have addressed a few
possibilities, but if you have any questions or would like advice on how to
best reach a certain target customer, just send me an e-mail, and I will do my
best to help you plan the most effective advertising campaign.
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