Advertising For The Long Haul and Not the Short Term Gains

New Age Media Concepts issues its first article of many that will focus on the advertising and marketing industry.

"If a young man tells his date she's intelligent, looks lovely, and is a great conversationalist, he's saying the right things to the right person and that's marketing. If the young man tells his date how handsome, smart and successful he is -- that's advertising. If someone else tells the young woman how handsome, smart and successful her date is -- that's public relations." By S.H. Simmons.

Welcome to New Age Media Concepts, Inc. where we understand your needs and how to maximize your marketing dollar.

Marketing is your strategy for allocating resources (time and money) in order to achieve your objectives.

People have their own unique perceptions of the world based on their belief system. The most innovative ideas, the greatest products, or a superior service succeed only when you market within the context of people's perceptions. This is true from something as simple as the pet rock craze of the 1970s to the marketing muscle of Wall Street and the Internet boom of the 1990s.

Context can be many things, singly or simultaneously. To name a few, you may market to your customers within the context of their wants, needs, problems solved, or situation improved. Current and potential advertisers need to be aware of many other contexts, such as social and economic trends or governmental regulations.

People don't just "buy" a product or a service. They "buy" the concept of what that product will do for them, or help them do for themselves. People just don't "buy" a laundry detergent, they buy the perceived notion of what that laundry detergent brand says it can accomplish for them. Otherwise every brand in the supermarket will be a no-frills. This is not to say that if a product fails to meet the customers' expectations that product will be successful in the long haul. No amount of advertising and marketing will help a failed product succeed in that scenario.

To have a successful campaign a product or service must understand that they need to start out with something a consumer needs, wants, or improves their situation and that product or service actually does help the consumer for the long haul.

The New York Times said it best in a recent article, "Companies can't Buy Love with Bargains" Building brand loyalty is more than just hyping the consumer into buying a product, it's gaining their trust and the trust of their family both today and for years to come. One example of great brand building is H.J. Heinz, (NYSE: HNZ) they have been around for decades and they gained the loyalty and trust of the consumer spanning generations, now that is great brand building.

Anyone could hype a brand for short term gains but that doesn't accomplish the goals of the advertiser or the consumer. It looks good initially but what happens when the product isn't flying off the shelves any longer and the consumers have lost trust in the product or the company?. Of course you need new and innovative ways to get your message to the consumer but this message has to be geared to building consumer loyalty and not just hype. Even the largest companies make this mistake and pay for it with decreased sales and profit margins.

So whether a consumer is buying a car from Ford (NYSE: F) , a can of beer from Anheuser Busch (NYSE:BUD) or software from Microsoft (Nasdaq:MSFT), the advertiser needs to cater to the needs of the consumer.

Louis Victor has been involved in the investment, advertising, marketing and public relations industries for close to two decades.

In The News:


AdAge.com

Does GM Have a Point About Facebook? Yes, Rivals Concede
Forbes
Executives with other automotive brands say they wouldn't have completely departed Facebook advertising as General Motors did this week. But some also concede that GM had a point in its decision to stop buying ads on the ubiquitous social-networking ...
Facebook is tough to quit, and investors like thatKansas City Star
What Social Media Ad Agencies Say About FacebookBloomberg
Facebook Advertising Shows 'A Lot Of Potential But It's Not A Slam-Dunk'Huffington Post
BusinessWeek -VentureBeat -AdAge.com
all 1,057 news articles »

TIME

Are Advertisers Disembarking the Facebook IPO Hype Train?
Datamation
While still blinding, the spotlight surrounding Facebook's IPO dims slightly as advertising and mobile monetization concerns surface. That deafening buzz? It's the anticipation building in Silicon Valley and on Wall Street on the eve of what promises ...
Is Advertising on Facebook Worth the Expense?TIME
Companies ask: Does advertising on Facebook pay?Seattle Post Intelligencer

all 8,614 news articles »

The Future of Advertising Sales -- It's all About Integration
Huffington Post (blog)
Advertisers have a story to tell, and the media is there to help tell it. Today, however, media and marketing go beyond mere storytelling; now it's about storytelling and dialogue. That's why social media's so popular. It's not about the word "media"; ...

and more »

NPR sees sharp downturn in advertising revenue, leading to talk of cuts
Washington Post
Halfway through its fiscal year — and six months into Gary Knell's tenure as chief executive — Washington-based NPR has seen a sharp downturn in corporate “underwriting,” or advertising revenue. The falloff has led to projections of an annual ...

and more »

Sweeney: Facebook Advertising Money Is In the Movies
CNBC.com
Traditional advertising in that context can be both annoying and ineffective. Imagine someone interrupting your conversation by waving a big billboard between you and your friend. Yuk! Social media advertisers are just realizing how influential the ...


Seattle Post Intelligencer (blog)

Skechers agrees to pay $45 million to settle charges of sketchy advertising of ...
Seattle Post Intelligencer (blog)
By Rita R. Robison Kim Kardashian, fresh from a sweaty workout and pictured in a variety of steamy, suggestive poses, decides in a TV advertisement to dump her personal trainer. “It's not someone else, it's something else” Kardashian, a reality TV-show ...
Sketchy ads? Skechers agrees to pay $50M to settle false-advertising allegationsThe Star-Ledger - NJ.com
Oklahoma joins the fight against Skechers for deceptive advertisingKRMG
Sketchers settles charges of deceptive advertisingvtdigger.org
MarketWatch (press release) -Aljazeera.com (blog) -Wall Street Journal
all 277 news articles »

Access Washington

Skechers settles with WA over false advertising
BusinessWeek
Attorney General Rob McKenna's office says the shoe company will allocate $40 million for refunds and pay $5 million to the 44 states that sued the shoemaker for false advertising. The attorneys general say the commercials for the Skechers line of ...
Shoe-maker accused of sketchy advertising settles lawsuitAccess Washington
Skechers to pay $40M over deceptive advertisingCherry Hill Courier Post
Skechers Gets its Butt Kicked for False AdvertisingMedical Daily
USA TODAY -kwwl.com -NASDAQ
all 1,220 news articles »

New York Daily News

Sitcoms new favourite for TV advertisers
TODAYonline
NEW YORK - The big winner of this year's upfront TV advertising sales season was an old favourite: The sitcom. By the time the curtain came down on the network previews yesterday, 16 of the 36 new scripted shows added to the programming lineups of the ...
And the winner is? The sitcom, TV networks hopeReuters

all 336 news articles »

Viewers Want Choice, Control and Relevance from Online Video Advertising ...
San Francisco Chronicle (press release)
New York, New York (PRWEB) May 17, 2012 Vibrant Media, the global leader in premium contextual advertising, has released key research findings that determine what viewers want in their video advertising: choice, control and relevance.

and more »

75% of Advertisers Say Rest-of-Web More Important Than Facebook
MarketWatch (press release)
Methodology This multiple-choice online survey was distributed to 2177 brand marketers and advertising agency representatives. It was conducted in March 2012, and results were analyzed and validated for statistical significance in April 2012.

and more »
Google News


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