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Budget For Advertising
If you don’t have an ad budget, you need to set one. Usually, anywhere between 3% and 12% of revenues. It depends on whether you’re a service biz or a retail biz, profit margin, location, and how aggressive you want to be (competitive landscape, speed of desired growth, etc.).
What Is Advertising’s Magic Bullet?
Traditional Media for Small Business (brick and mortar)
I write radio for many small businesses. When we take our time and find the right things to say in the ads…growth is not far behind. Return on investment from radio done right, far exceeds what can be accomplished with print and outdoor (passive) advertising.
“Making it Work” (Watch them Squirm – the sequel)
To answer the question, “How do you plan on making my advertising work for me?”…
I plan on squeezing every drip of juicy detail out of you that I can. That starts with asking questions you’ve never been asked by a typical advertising rep. These are NOT questions like, “How long have you been in business?” and “Do you have a website?”
Deep, deep “digging” is crucial.