Great Ideas. Greater Profits. The Great AdVenture How to Succeed in Newspaper Advertising Sales Version 3.0 Table of Contents Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii Section One: Introduction to Newspaper Advertising . . . . . . . . . . . . . . . 1 The Role of a Newspaper Representative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Criteria for Success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Did You Know? That . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Why Newspaper Media? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 The Newspaper Value Proposition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Ten Ways to Waste Your Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Ten Top Reasons to Advertise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Defining ROI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Whom Should You Call On? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Ten Reasons to Advertise in a Newspaper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Ten Reasons to Advertise on a Newspaper Website . . . . . . . . . . . . . . . . . . . . . . . . 18 Section Readership Among Adults . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 News Content of Your Newspaper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Special Sections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Ten Facts About Newspapers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Ten Reasons to Advertise Frequently . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Internet Marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Competitive Media . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Keeping Sales Information Organized . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Section Two: Self-Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Making the Most of Time . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Planning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Ten Time Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 The Great AdVenture How to Succeed in Newspaper Advertising Sales iii Section Three: The Advertising Budget . . . . . . . . . . . . . . . . . . . . . . . 45 Understanding Your Customer’s Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 How to Determine a Budget . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 The 4-Step Ad Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Where to Improve Current Ad Schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 Methods Used for Budgeting Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 Co-op Advertising Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 Why Retailers Don’t Use Co-op Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 Tips to Maximize Co-op Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 Prospecting for New Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 Ring the Bell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 Changes in Existing Businesses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 Section Four: Creating the Ad . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Ten Components of a Good Layout . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 Standardized Layouts and Formats . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81 Checklist for Spec Ad Idea Generation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 Tips for Creating Effective Ads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 Writing Headlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Writing Body Copy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 Branding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94 Illustrations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 iv Type and Type Families . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 Using Color in Ads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .103 Ten Reasons to Color Your Ad . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .103 Creating Online Ads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .106 Ten Tips for Creating Online Ads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .107 Ten Tips for Creating Search Ads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .108 How a Newspaper is Produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .109 ©2011 Newspaper Association of America Section Five: The Customer-Driven Sales Approach . . . . . . . . . . . . . 113 Effectively Presenting Information and Plans . . . . . . . . . . . . . . . . . . . . . . . . . . .115 Things to Take With You on Customer Calls . . . . . . . . . . . . . . . . . . . . . . . . . . .116 Preparing for a Presentation Sales Call . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .117 24 Questions for Newspaper Reps to Ask Customers . . . . . . . . . . . . . . . . . . . . . . . 118 The Five-Step Sales Presentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .121 Understanding Your Customer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .123 Helping Your Client Develop a Marketing Plan . . . . . . . . . . . . . . . . . . . . . . . . . .126 A View of Business Survival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .127 Creative Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .129 Merchandising and Creative Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .130 Answering Objections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .132 Answering Most Common Objections to Newspaper Advertising . . . . . . . . . . . . . . .134 Most Common Objections to Newspaper Website Advertising . . . . . . . . . . . . . . . . .145 Closing the Sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .150 Follow-up . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .156 Selling With Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .157 Selling Advertising on the Telephone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .160 Tracking Your Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .166 Section Six: Glossary of Terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .167 Newspaper Terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .167 Digital Terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .175 The Great AdVenture How to Succeed in Newspaper Advertising Sales v Section Three The Advertising Budget Where to Improve Current Ad Schedules Help merchants see when they need to advertise by doing a timing test with them. Graph advertising expenditures for clients versus their sales figures as shown in the 4-Step Ad Plan. This can be done as a percentage of sales if they don’t want to give you exact figures. The graphs can be done weekly or monthly, depending on how much interest merchants show and how much they trust you. Chances are fairly high that a merchant’s ad expenditures and sales trends don’t look much alike on the graph. 7. Newspaper discounts. What frequency discounts does the newspaper offer? It might be advantageous for the advertiser to run more linage to obtain the extra discount. When helping a merchant determine a monthly, quarterly or annual budget, consider these steps: Retailers are constantly seeking opportunities to bring more people into their place of business, whether it’s the primary mall in town or a single location. They know that theirs is a numbers game and that the more people who come through, the higher sales are likely to be because shoppers tend to be buyers. 1. Start with frequency. People buy products and services all year. Allocate week-to-week expenditures because that’s the amount each week that will vary. 2. Heavy payroll weeks. Look for particularly heavy payroll weeks of major employers. You know that the first week of the month Social Security and welfare checks are in circulation. 3. Heavy store traffic and sales weeks. What are the naturally heavy store traffic and sales weeks? What are natural sales events such as the Fourth of July, Labor Day, back-to-school, Mother’s Day, etc.? A list of them is included on page 62. 4. Tie-ins. Are tie-ins possible with national and local merchandising or promotional events? Are special co-op funds available? 5. Competitive arena. What are competitors doing? Are they advertising heavily? They can’t be ignored in a merchant’s overall advertising strategy. 6. Creative strategy. What’s the creative strategy (multi-item ads vs. individual merchandise ads) favored by the merchant? Multi-item omnibus ads expose more merchandise at a lower cost per item because several items share the headline and signature costs. 60 8. Special sections. What targeted special sections are appropriate for the advertiser? 9. Color ads. Use of color has a striking effect on readers’ noting of ads. Studies have shown that color also increases sales of merchandise in the ad. Holidays are often used as a theme for sales. Not surprisingly, most months include holidays, so it’s very common for a retailer to build a sale around one. A few of the most popular holiday and seasonal events include post-Christmas, New Year’s and Martin Luther King Jr. Day (January); Presidents Day, Lincoln’s and Washington’s birthdays and Valentine’s Day (February); Easter and arrival of spring (March or April); Mother’s Day and Memorial Day (May); Father’s Day (June); Independence Day (July 4); summer (June-August); back to school (August or September); Labor Day and Grandparents Day (September); Columbus Day and Halloween (October); Election Day, Veterans Day and Thanksgiving (November); Hanukkah, Christmas and New Year’s Eve (December). Of course, local dates and events in most communities also dot the calendar. Ad themes are built around events such as those above, and ad headlines and body copy flow naturally from those themes. Who hasn’t seen a Sizzling Summer, New Year’s Clearance or Christmas in July sale announced in the paper? Retailers can use other themes and approaches. (See section below on Creative Strategy). ©2011 Newspaper Association of America Section fourCreating the Ad Every ad has certain physical features. Ad layout features are: Headlines and subheads The function of the headline is to attract attention and stop readers, summarize the selling message, stimulate interest in the ad proposal, draw readers into the copy and pull prime prospects from among all readers. Headlines usually get strong typographical treatment. In layouts, they should be given about the same size and weight they’ll have in the finished ad. Subheads elaborate on the headline. Illustrations These are intended to work with the headline to make the ad’s theme instantly recognizable, attract reader attention and select prospects from among all readers. In layouts, block out areas in roughly the same size and shape that the illustration will occupy in the finished ad. The heavier the illustration will look in the ad, the darker the space should be on the rough layout. Copy This tells the sales story in detail for the reader. Placement of copy blocks should help the ad achieve balance and symmetry. On rough layouts, copy blocks in bold type should be indicated as darker gray. Signature This is the standard logo of a store with other pertinent information such as store hours, credit card information, address, phone number, map, etc. These are found at the bottom or top of ads, sometimes both. Borders and ornaments Plain or fancy, the intent of a border is to define the space an ad occupies and enclose its contents. Ornamental borders are often used when no other art is available. Simple, straight lines usually do the job without diverting attention from the ad’s most important parts. White space Just as music isn’t music without space between the notes, so copy and art is just black ink without the contrast of white space around it. Without enough 76 white space around the black ink, the message is difficult to read. Use of white space to balance black ink is important in making a visually appealing ad. Ad writing tips More than anything else, a good ad stops the reader. Otherwise, all production work and expense are wasted. An ad has five to 10 seconds to “jump off the page” and grab the reader. That’s how long the average reader looks at a newspaper page before settling on something to read or turning to another page. Advertising performs the same function as a salesperson, telling potential customers what the product will do for them. The difference is one of numbers. Ad copy speaks to large numbers of people, while a salesperson usually speaks to one or two at one time. Some advertising works well, and some doesn’t. Good ads are built on a concept or idea. If an ad is to be effective, a reader should instantly recognize the concept being communicated. If not, the message becomes scrambled, and the power of a good layout, good copy or illustration is at least partially lost. The concept should be firm before any part of the ad is created. A good ad sells a product’s benefits, not just its features. Features are mentioned only to “hang” benefit statements on, much like a skeleton allows muscles and organs to be supported. People buy a product or service because of what it will do for them, not because of what it is. Most good retail ads have a sense of urgency and tell the reader to do something. A good ad promotes the store name while visually creating an image for the store. A good ad speaks to a specific group of people it’s trying to reach. A good ad gives readers all facts they need to make a purchase decision. It tells things such as available sizes, colors and prints. It tells when the store is open, where it’s located and its phone number. Not everyone who lays out an ad knows all tricks of the trade. Some are covered in this section. The more you pay attention to ads you see, the more and faster you’ll learn. Good layouts make an ad look better, grab more attention and sell more for the merchant. Well-designed ads are organized for maximum clarity. Orderly division of space is at the heart of all layouts, ©2011 Newspaper Association of America Section fiveThe Customer-Driven Sales Approach Things to Take With You on Customer Calls 1. A copy of the newspaper should go with you on every sales call. It’s something new every day, and many people you visit each business day may not have read it. It’s something you can give a prospect rather than just asking for something. You don’t call every day, so don’t worry about the client expecting a free subscription. But it makes good sense to have one on hand everywhere you go. You make a lot of people happy with the gift of today’s newspaper, and you give them the chance to enjoy the product you’re trying to sell. 2. Speculative layouts and tear sheets with new ideas are among the simplest and most effective sales tools for an outside sales representative. They’re great for introducing an idea, making a recommendation and involving the account in decision making. They’re also helpful in discovering what the account likes and doesn’t. Use them as often as possible for established and new accounts. Spec layouts are highly salable. Take two spec ads of similar size but different ideas or orientations for consideration. Sometimes, an ad from another publication will greatly interest prospects, and they respond when you urge them to run similar ads in your paper under their own signatures. 3. Color overlays. With these, show clients what color would do for an ad. Color adds to noting and readership, and grows results. 4. Linage records. Linage figures are of great interest to most accounts, so look them up before you go. You can show linage gains to demonstrate growth and strength. Showing linage figures of competitors in the same business or industry can be a forceful eye-opener as to how others use your newspaper. You can show how one account has grown dramatically in linage, relating this to sales figures, if possible, and serving as a success story for your newspaper. Linage records have many uses. You can even use lack of lineage in a category as an opportunity to “own” that category in the paper. 116 5. Testimonial letters. In terms of success stories, these are great. You’ll probably have to ask for them because accounts often don’t like admitting great successes in advertising. You may even have to offer to write them for the accounts. When you can get them, make sure you use them widely. Merely mentioning an account or campaign doing well through your newspaper will frequently have its effect. 6. Co-op information. Most retailers have accrued a certain amount of cooperative ad dollars. Using them can stretch an account’s total advertising expenditures by 50 percent or more. Information about manufacturers’ co-op plans are readily available, usually from the advertising department. The retailer often has this information, too, but it may not be high on the priority list. More information on co-op is in Section Three. 7.Research. Market research information is excellent to show an account. Anything that gives customers knowledge about the market in which they’re competing is helpful. Many resources for information are listed elsewhere in this book. Your newspaper may have market-specific information based on surveys in the primary market or other commonly accepted sources. Become very familiar with research the newspaper has on hand. It can be used to support logical sales points as long as it’s interpreted relative to your newspaper and importance to the buyer. 8. Layout and copy advice. Most independent local merchants aren’t great copywriters or layout people. Assistance or material you provide will make their advertising work better. Occasionally, show them information that could be of value in improving their ads. 9. Helpfulness pays. At the very least, your efforts to take something with you in the decision-making process or help your prospect will show that you’re conscientious and accommodating. Sales material provides a starting point for you and the prospect to begin discussing an advertising program that will benefit the account’s business. ©2011 Newspaper Association of America Section five The Customer-Driven Sales Approach Understanding Your Customer The first step in virtually any selling situation is getting to know something about the business you’re interested in selling. After that, what we usually think of as the act of selling begins. Unless we know something about the client’s business, we’re no better off than a flea-market peddler who stands around hoping that someone will show up and buy. There are many ways of finding out about a customer’s business. The best is asking about it, and the best way to ask people about their business, especially for the inexperienced, is a series of questions such as those that follow. Don’t be afraid to carry the questions into a place of business in written form. Having them on a form brings an air of credibility to the procedure and makes you look more professional. In addition, the answers are written down, so you don’t have to try to remember everything. You can concentrate on the questions and learn as much as you can during the fact-finding process. Some retailers, however, are too busy or uncomfortable with such questions and might balk at answering. If that’s the case, start with a few questions at a time. After each visit, record the answers when you leave. You’ll quickly have all the information you need to devise an advertising plan that will help. Don’t forget that magazines about the industry could give you valuable insight to your customer’s problems. The kind of information you need to know: What kinds of promotions have you used? What kinds have worked well? What didn’t work? W hat areas of the business developed better than you thought in the last two years? How did you do it? W hat has disappointed you in the way it developed? Why didn’t it work the way you expected? Account survey Account____________________________________ Income Contract___________________________________ Approximate percentage of customers who are: Low income _________% Sex Lower middle income _________% Approximate percentage of customers who are: Middle income _________% Male Upper middle income _________% Upper income _________% ________ %Female ________% Marital status Approximate percentage of customers who are: Education Single ________ %Married ________% Approximate percentage of customers who have: Home ownership Approximate percentage of customers who are: Renters ________ %Homeowners ________% No high school degree _________% High school degree _________% Some college _________% College grad or more _________% The Great AdVenture How to Succeed in Newspaper Advertising Sales 123 Section fiveThe Customer-Driven Sales Approach 33.I don’t have a website, so why do I need web advertising? The answer is simple: We’re selling eyeballs, not technology. Regardless of where the message is placed, the advertiser should clearly communicate a call to action. Whether that’s by phone call, a visit to the storefront or email, online advertising can have positive effects. 34.My clients are older and don’t read online. Research shows that people 65 and older compose about one-fourth fifth of the average weekday audience and one of the fastest growing age groups. The average age of a newspaper website reader is about 40. These individuals often assist in making purchase decisions for parents and relatives who are in the older age group. Orienting Questions 1. Why is it important to look at customer needs before attempting to sell something? 2. Why is it important to give something back to the customer? 3. What are things you should always bring on customer calls? 4. What are basic steps involved in the sales process? 5. What arise the difference between openended and closed-ended questions? 6. What are the Four P’s of marketing strategy? Closing the Sale Closing a sale in its most basic form is an invitation to the customer to take action of some kind. It’s the most delicate and, for some, most difficult part of the selling process. This is true for salesperson and buyer. Here’s the moment of truth, the point in time at which salespeople discover how well they have performed. Sales reps aim to get through the close as painlessly as possible. Customers try to hold on to their money until they see how they’ll benefit from exchanging it for what’s being sold. Sometimes, slight tension arises as a sales call comes to an end. Inexperienced salespeople often find asking for the order more difficult than it needs to be because they don’t know how to ask. One help is an attitude of sincerely wanting to help the customer. If you’re proposing something good for the customer and you believe it, the close is automatically easier. You can look into the customer’s eye and be sincere in your recommendations. The more you know, the easier the close. Consciously asking for the order repeatedly is something that no longer makes you hesitate. A close should flow easily out of a presentation or discussion. It shouldn’t be forced, and you should never appear to be attempting to take advantage. That doesn’t mean you shouldn’t nudge, suggest, initiate or control the direction of the conversation. 150 It doesn’t mean waiting indefinitely for the prospect to take action. It does mean that attempting to outsmart the buyer is a good way to create shortterm relationships. The close is only part of the effective salesperson’s overall effort. Closing is interlaced into all steps of selling. So it might be said that if salespeople aren’t thinking about the close from the beginning, they’ll probably have a harder time with the opening, qualifying, presenting, demonstrating and negotiating, too. Practicing closing techniques in role-playing situations is helpful. Practice helps the real situations go more smoothly. But don’t hesitate to use them in real situations. Nothing will help you improve more than “game situations.” Luckily, some very good salespeople have worked out a few good closing techniques that still work. All you must do is learn and become comfortable with them. Two simple practices make closing easier: Make it easy to say yes, and learn when to quit talking and start listening. One very successful salesperson told an audience, “Make your closing statement and then be quiet. The first one who talks loses.” ©2011 Newspaper Association of America