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:


Los Angeles Times

Private Matters: Senate Hearing To Debate Web-Based Targeted Ads
CRN, NY - 10 hours ago
At the heart of the hearing of the Senate Commerce Committee titled Privacy Implications of Online Advertising are proposed tools used by ISPs to track ...
Broadband Indiscretions Forbes
NebuAd to come under spotlight at Senate hearing The Associated Press
Putting Web monitoring service NebuAd under the legal microscope Los Angeles Times
New York Times - ITworld.comall 116 news articles

Slowing Economy Hits Online Advertising
Adweek, NY - 14 hours ago
Respondents indicated an expectation Internet advertising would grow slightly more than 16 percent in the next year. In its previous surveys, William Blair ...
William Blair & Company and CIMA Release Fifth Installment of ... Business Wire (press release)
all 13 news articles

Magna Cuts Ad Growth Forecast to 2%
Wall Street Journal - 3 hours ago
Mr. Coen's forecast came a day after media analyst Lee Westerfield cut his ad-spending forecast by a similar degree, saying US advertising was experiencing ...
Economic gloom leads to cuts in ad forecast Reuters
New-Media Ad Outlook Remains Buoyant Broadcasting & Cable
Ad Spending Forecast Lowered Again New York Times
Adweek - AdAge.com (subscription)all 20 news articles

Fusion Advertising Wins Rudolph Foods Account
FOXBusiness - 15 hours ago
DALLAS, July 7, 2008 /PRNewswire via COMTEX/ ----Global snack giant Rudolph Foods today announced its selection of Fusion Advertising as agency of record ...

OnMobile Launches Ad RingBack Tones, Revolutionary Platform for ...
FOXBusiness - 15 hours ago
Arvind Rao, CEO and Co-founder of OnMobile said, "AdRBT is a disruptive evolution in mobile advertising and marketing which so far has been limited to SMS ...

'2010 will be the tipping point for digital advertising'
Sify, India - 4 hours ago
Excerpts: What prompted you to get into the online advertising space with Media2Win? I don't believe that traditional agencies in India have a clue about ...

Advertising isn't in keeping with medium's benefits
Economic Times, India - 7 hours ago
One of the striking phenomena of the advertising business during the past decade has been the emergence of the internet as an advertising medium. ...

eFluxMedia

Digital Media Threatens Conventional Media Advertising
Screen Rant, UT - 2 hours ago
DiClemente added that DVR’s are also hurting the advertising revenue that the TV industry has become accustomed to. Of course, earlier I touched on the ...
Digital threat prompts movie industry downgrade The Associated Press
all 174 news articles

News-Leader names new advertising director
News-Leader.com, MO - 12 hours ago
By Kathleen O'Dell • News-Leader • July 8, 2008 Marty Goodnight, a 32-year-old Kansas City Star advertising executive, has been named advertising director ...

Adweek

Office Media Network Sees Expansion
Adweek, NY - 12 hours ago
s Dow Jones and features advertising-sponsored WSJ content. As the network prepares to expand into Miami this quarter, OMN has amassed 800000 daily viewers, ...
advertising - Google News


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