How To Allocate Your Advertising Budget 💲💲💲

Here’s the screen shot of the exact text I received from a client…

sioux falls advertising options

You can’t afford it.  You can’t afford to advertise everywhere. I know you’d love to… but there only a few advertisers in the Sioux Falls area who can afford to advertise properly on a lot of different advertising mediums.“So, now what… DU-ANE… you’re saying I can’t afford to advertise?!”No, that’s not what I’m saying.  I’m saying you waste big wads of money if you advertise in too many places, too thinly.What’s the reason you’re looking to advertise right now?  Here are a few potential reasons…You just got to the point where you want to GROW.  It’s because you’re hungry and you want a bigger slice of the local market…

  • OR you have more and more competition moving in year after year…
  • OR you’re new, you have competition, and you know you have to advertise if you’re going to have a chance at sticking around.

And if you’re not growing, you’re shrinking.  So, you’re going to have to set a budget and figure out the best way to invest that budget.I’m assuming you’re already doing some social media. Or at least have a few accounts out there. The first thing that most will want to do is get their logo and contact info in front of a bunch of eyeballs.  So, spending some money on social media ads can get your business in front of some new people… but it’s very limited.  To make an impact, you’ll need mass media.So you say…“Let’s see how much billboards cost. Oooh, maybe those digital ones would be good.”“What about those free magazines?”“And postcards.”“Might as well find out how much TV ads cost, too.”“Let’s get some radio ads going.”“Online. Everyone’s online.”You get the point. You want to be EVERYWHERE. You want everyone to know about you.  But the thing with advertising is… if you spread your message to thinly in front of an audience… they won’t experience your ad often enough to get your message to sink into their brain.  So, you’re just sprinkling and dribbling your message here and there and everywhere, and most of the audience is probably not even seeing or hearing it.People aren’t just sitting around waiting to experience your ads… we’re busy doing things.  Your ads will hit some people and miss some people.  The next day, they’ll hit others and miss others.  Hopefully, the day after that, your ad hits the same people again.  Hit and Miss.  Happens all the time.  And when your spread your advertising around too thinly… it’s miss, miss, miss, hit, miss, miss, miss, miss, miss, miss, hit, miss, miss…..WHERE TO PUT THE HEFTY PORTION OF YOUR BUDGET“Yup. Here it comes, Duane.  This is where you say RADIO RADIO RADIO!”You’d be correct.  Or TV.  But TV has its challenges that radio doesn’t.  And vice-versa (for those who don’t know how to “do” radio advertising effectively).  But to be honest… I don’t see TV commercials very often at all because we TIVO the shows we like… and use a lot of Netflix.A good radio schedule takes care of the REPETITION part.  More “hits” when it’s done right.  To a big audience. Repetition is so important in this busy world. People aren’t sitting around waiting to experience your next ad. We’re busy. It’s easy to miss us. That’s why finding a big mass media like Radio… plus the repetition… 2 out of the 3 parts needed to persuade people to do business with you.You don’t have to be everywhere.  You can’t.  And if you try… you’ll be massively disappointed in your advertising efforts.  But most good radio stations HIT a lot of people.  What if you could talk to 20,000 people, week in and week out with whatever you wanted to talk to them about?  You don’t think that if you convinced even 10% of them to do business with you within the next 12 months… that wouldn’t impact your business in a good way?  What if you eventually convinced 30 or 40% of them to give you a shot?  Whoa.  But that only happens when you say good things to the same group of people over and over.  Not annoyingly… or too frequent… but consistently.  Consistently telling your story.  Consistently making friends with a big group of people.  There’s tremendous power in that!And what happens when you expand to another radio station or two?  Whoa… now you’re really reaching a LOT of people.  And you’re doing it with enough repetition.Great advertising campaigns throughout history all have the majority of their budget put into advertising that utilizes the sense of SOUND.  We remember things longer when sound is used versus only visual.  It’s how the brain is wired. Don’t get me wrong.  There are strengths and weaknesses for all media.  It’s just that “sound” advertising has a few more advantages over “sight only” media (online, billboard, bus bench, mags, etc.).  Here are a few of the best ones…It’s INTRUSIVE (you can’t close your ears)

  • It sticks in our memory longer (it’s science)
  • You can paint any picture you want with sound (set the stage with the spoken word, instead of being limited to props – the only limit is your imagination)
  • You can personalize an ad more with sound (if I show you a picture of any dog, it’s just a dog… if I say, “YOUR dog” in an ad, well… that’s emotional – and when emotion is injected into your ads, that’s when you’re getting close to a home run)
  • You can speak to people for 30 or 60 seconds!  Not many advertising mediums can do that.

With a consistent radio campaign week after week, you’ll hit the low-hanging fruit… but you’ll also start doing something far more beneficial.  If you have a good STRATEGY, you’ll start the branding process with those who don’t need you right now.  And when you “brand” your company well, people will remember you when they NEED YOU. And that’s when your advertising is kicked up into a gear that you did not know even existed.Cementing your company into the hearts of people is the goal.  And that’s what we do for our clients.  The time we put into planning your advertising campaign is mostly used on your ad strategy and writing your ads. Because if that’s not done right… it won’t matter where you advertise.Radio is alive and well.  93% listen every week.  I have a nice handful of wildly successful clients who put the majority of their ad budget into radio.  It’s their “go-to”.  So, let’s make it work for YOU, too! For example, here’s a text I received from a client who’s on a 48-week, annual radio plan…  radio advertising text from Sioux Falls client

It doesn’t hurt to meet, have a coffee, ask some questions, and talk about your business goals.  We’re not right for everyone… but we could just be exactly what you need.Duane Christensen  (Account Executive / Ad Writer / Marketing Helper)Results Radio Townsquare Media – Sioux Falls605-940-7984duane.christensen@results-radio.com

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