The facts and benefits of advertising Internet Display Classifieds Motors Property Business Recruitment Why advertise? MEDIA PACK 2010 Why do businesses need to advertise? Attracting new customers; Example, Sky TV Reminding existing customers; Example Supermarkets Stabilising future sales products may be established but don't get complacent. Ensure you stay market leader. Exploiting market trends - if product is popular, sales are maintained. Countering falling sales. Example; British beef, eggs. Educate and inform. Example; drink/drive, RSPCA, companies with message to promote. Establish prestige and leadership. Example; Mercedes, BMW, Nike, Jaguar, companies aiming to maintain market position. Publicise new products. Example; Virgin, Daewoo and Internet. Overcome customer resistance; Example: water authority, often used as a result of bad publicity. 1. Definition of a business: A medium for selling products or services at a profit 2. Newspapers advertising is: Professional selling in print through our free and paid for titles. Bringing together buyers and sellers for their mutual advantage. Readership of the regional press Facts and figures 1. British people are among the most avid newspaper readers in the world. 2. Regional press has a high souls readership: 28.9% of those who read a regional newspaper do not read a national. 3. In the last decade readership of regional mornings has increased by 60.9% Source: GB TGI 2009 Q3 (April 2008-March 2009) Any regional newspaper All adult coverage 80.4% Coverage of men and woman is very similar Coverage by sex Any regional newspaper Men 80.5% Women 80.3% Coverage of all age groups is very high, with a slight bias towards the older, more affluent age groups. Coverage by age Any regional newspaper 15-24 73.1% 25-34 78.4% 35-44 78.8% 45-54 83.0% 55-64 83.4% 65+ 85.1% MEDIA PACK 2010 80.4% of all British adults (39.5 million people) read a regional newspaper, compared with 61% who read a National newspaper. Why use Paid-for Newspapers Facts Benefits The facts Readers actively seek Classified sections It enables readers to shop in the comfort of their own home It is economical Offers a regular, established advertising market place Organised in user-friendly classifications with identifiable classification headers MEDIA PACK 2010 The benefits Because readers turn to Classified to read the ads, the advertiser benefits from a higher percentage of readers who are in a buying frame of mind You can anticipate potential customers who have already made their buying decision at home Provides a ready source of new business from people new to the area (looking for advice) or just coming onto the market for a product or service (e.g. newly weds, new parents etc). Enables you to reach a large number of potential readers for a small cost per 1,000 Ensures you are there whenever readers are seeking your service Readers can easily find your advertisement. The sections are well organised so advertisements do not have to be too large to get noticed and gain response Why use Free Newspapers? Facts Benefits The facts Delivered on the same day every week Independently audited by ABC (Audit Bureau of Circulation) Reaches a high percentage of the homes in its distribution area Distributed to clearly described areas MEDIA PACK 2010 The benefits There is no purchase barrier to potential readership of your advertisement. Provides a regular platform to readers who expect to receive useful buying information Enables you to focus and co-ordinate your promotional activity and better measure response ABC standards enhance your advertising response. ABC check delivery on your behalf - whether you advertise with us or not Potential readership exactly matches the population area you are seeking to reach with your sales message You know exactly where your sales message will be appearing. It is the same area each week Your advertisement is delivered using up-to-date, accurate information that also reduces waste Why use Series advertising Free Newspapers? Factsbenefits to theBenefits The advertiser The benefits to the customer To the advertiser MEDIA PACK 2010 To the customer Economy and cost effective. The cost is spread over a number of weeks (discount for series bookings). Customer may be on holiday and will miss ad if not on a run. Business needs to have their name on show all the time to get a regular response. Company advertising regularly are viewed by customer as more reliable, less likely here today and gone tomorrow. To stay ahead of the competition. To attract new business. Every company is looking to increase revenue. Reminds customer that company is still around as some are slower to react to certain advertising i.e. situations vacant. To counter declining sales; quickly informs readers of price changes, sales etc. Population constantly changes, people move in and out of town. Keeping name in public eye; it builds reputation. Few people decide to spend large amounts of money in more than one evening. Advert in regularly reminds them, keeping your name in public eye. Different people in different areas read papers on different weeks. To advertise regularly in a higher readership publication. "Many a small thing has been made large by the right kind of advertising" Mark Twain Why use Free display? Newspapers? FactsFacts The Benefits The Benefits Facts There are a limited number of advertisements on news pages Advertisements appearing on news pages are ‘read as news’ MEDIA PACK 2010 Benefits There are a limited number of Readers are more receptive and can perceive well-written advertisements as supplying useful news rather than making a blunt sales appeal News pages generate casual readership of advertisements Desire can be created for a specific product as people are not always in a buying frame of mind, but may be persuaded whilst reading the news Specific readership platforms are available It allows the advertiser to target a specific market place, e.g. an opportunity to advertise on the Sports page or TV pages. It is used by large local and national companies e.g. ASDA, Curry’s Advertisers using Display appear in ‘good company’. This prestige ‘rubs off’ on anyone using the medium Well designed adverts appearing alongside professionally written editorial retain the readers interestadvertisements on news pages Advertisements appearing on news pages are ‘read as news’ DISPLAY News pages generate casual readership of advertisements Specific readership platforms are available It is used by large local and national companies e.g. ASDA, Curry’s Why use Free classified Newspapers? FactsFacts The Benefits The Benefits Facts Readers actively seek Classified sections It enables readers to shop in the comfort of their own home It is economical Offers a regular, established advertising market place Organised in user-friendly classifications with identifiable classification headers MEDIA PACK 2010 Benefits Because readers turn to Classified to read the ads, the advertiser benefits from a higher percentage of readers who are in a buying frame of mind You can anticipate potential customers who have already made their buying decision at home Provides a ready source of new business from people new to the area (looking for advice) or just coming onto the market for a product or service (e.g. newly weds, new parents etc). Enables you to reach a large number of potential readers for a small cost per 1,000 Ensures you are there whenever readers are seeking your service CLASSIFIED Readers can easily find your advertisement. The sections are well organised so advertisements do not have to be too large to get noticed and gain response Why use Free features Newspapers? and supplements? FactsFacts The Benefits The Benefits Facts MEDIA PACK 2010 Benefits Can be promoted in advance in our papers and webpages Relevant editorial will complement the advertising and encourage readership of your message Often they include editorial Grabs the attention of the right kind of prospect for your sales message Created as themed pages Some contain reader competitions They also appear on our internet sites FEATURES Advertising, heading and editorial combine to attract focused readership Internet features will mean your message reaches a different audience and therefore more potential customers Why use our websites? Facts How this helps you The facts Competitively priced Selection of locally branded sites Part of a recognised local brand Deliver trusted content Deliver useful local content and high quality editorial Growing page impressions and unique users We are high in Google Search when looking for news about the local area Promoted in all Johnston Press titles Easy to use, interactive medium Tracking and reporting options available MEDIA PACK 2010 The benefits Cost effective. You can choose a solution to suit your budget Provide targeted access to locally based internet traffic as well as access to the world wide web As part of a site dedicated to the local area, the credibility of your local, community-focussed newspaper ‘rubs off’ on your business. Our sites will be a first point of information for new movers into the area - prime prospects for any business Overcomes the concerns of lack of trust in material on the world wide web Increased chance for your sales message to be viewed Increasing audience traffic and page impressions equals more potential audience for you Your local title is driving traffic to your sales message and over 300 titles promote the Today brand for Motors, Property, Local Pages and Jobs The convenient, single entry point to local news, information and services is ideal for busy people who value efficiency and want to get the most from their time. Can link to your website where more information about your product or services will be available It enables you to reach new customers not available elsewhere and compete internationally or nationwide It is working for your business 24/7 52 weeks of the year Reasons people use the internet The Facts 68.6% Top 11 reasons of the UK population (41.8m) now have access to the internet (Source: Internet World Stats, June 2008) 56% Top 11 reasons Finding information about goods or services (86% of UK users) of UK households had a broadband connection in 2008 Using email (85%) Travel and accommodation (63%) (Source: Omnibus Survey, Office foe National Statistics, August 2008 Internet Banking (45%) There are now over 182 million MEDIA PACK 2010 Information about education or training (36%) websites Playing or downloading games or music (35%) (Source: Netcraft Survey, 2008) Reading or downloading on-line news (30%) Seeking health related information (27%) Watching web TV (25%) Looking or applying for a job (21%) Selling goods or services (17%) Source: Omnibus Survey, Office for National Statistics, published August 2007 Advertising in a recession Introduction 10 reasons to advertise Intro History has established that businesses which maintain or increase their advertising investment in periods of economic downturn actually increase their sales and share of market, both during and after the downturn. Why? Just look at the facts: MEDIA PACK 2010 Brand recognition Advertising through boom and down times sustains necessary brand recognition. Stability Maintaining a company’s advertising during an economic downturn gives the image of stability within a chaotic business environment and gives the advertiser a bigger media profile. Rewards Economic downturns reward aggressive advertisers and penalise timid ones. Win new customers 10 reasons to advertise Protect your market position During an economic downturn, a strong advertising/marketing effort enables a firm to solidify its customer base, take business away from less aggressive competitors and position itself for future growth during the recovery. Maintaining or increasing advertising budget levels during economic downturns may be necessary in terms of protecting market position against forward-looking competitors. Need Save money long term Grow profits If a company fails to maintain its “share of mind” during economic downturn, current and future sales are jeopardised. Maintaining customers’ “share of mind” costs much less than rebuilding later on. Advertising in an economic downturn should not be regarded as a drain on profits, but as a contributer to profits. Increase “share of mind” Consumers continue to make plans to buy, they just take longer to do so. Companies which don’t start advertising until things improve miss out on opportunities to sell their products first. It’s a bit like starting a race several minutes after the other racers. If during an economic downturn you maintain a strong advertising presence while your competitors cut their budgets, you will automatically increase your “share of mind”. When times are good, you should advertise; when times are bad, you MUST advertise. People are planning to buy