Skip to main content
It looks like you're using Internet Explorer 11 or older. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. If you continue with this browser, you may see unexpected results.

Advertising For Your Business: A Research And Planning Guide: STEPS TO DEVELOPING THE ADVERTISING PLAN

This guide intends to show the basic thought process of creating an advertising plan and to help you find information in the library's databases.

Review the 5 P's of your marketing mix: product, price, place, people, promotions 

  • Identify the strengths and weaknesses of each P
  • Identify the opportunities of and threats to the business, wherever they may exist. Then answer the following:
    • Is your business profitable?
    • If not, is there a problem that advertising might solve?
    • If yes, is there a positive situation that advertising must protect?   
  • What is competition doing? What opportunities can advertising further exploit?

 

 

SAMPLE STRATEGY FOR REVIEWING YOUR MARKETING SITUATION

See the source image

______________

DATABASE

New searchSmall Business Reference Center -- Enter the phrase "SWOT ANALYSIS" in the search box and you will get a list of SWOT Analyses for  various businesses. Use the one that best describes your business.

 

_____________

WEBSITE

Lilyquist, Mindy. “Example of a SWOT Analysis for Home Business.” The Balance Small Business, www.thebalancesmb.com/every-business-needs-a-good-swot-analysis-1794147.

Berry, Tim, et al. “How to Do a Swot Analysis for Better Strategic Planning.” Bplans Blog, 10 July 2020, articles.bplans.com/how-to-perform-swot-analysis/.

According to the American Marketing Association, an advertising objective is:

"A statement...to set forth specific goals to be accomplished and the time period in which they are to be accomplished."

 Some examples are:

  • To introduce something new: e.g. a new product,
  • a new brand, a new location, a new use for an existing product,  etc.
  • To increase brand awareness
  • To attract new customers
  • To encourage trial usage or purchase
  • To establish brand superiority
  • To encourage brand switching
  • To change consumer behavior or attitude
  • To announce something important
How to Create an Effective Advertising Strategy

In other words: WHAT DO YOU WANT ADVERTISING TO ACCOMPLISH?

  • Is there a problem advertising must solve?
  • Do you want to maintain the status quo (e.g. maintain market share dominance)?

Examples of historical case studies

1.GEICO (An example of how a market leader maintains top-of-mind awareness in consumers' minds)

Geico’s success as an insurance company has come from offering consumers independence and low prices, as well as rolling out effective advertising campaigns that highlight savings. Chief among the forces behind Geico’s success is the insurer's innovative and user-friendly initiatives. Geico’s advertising is on the light and funny side, standing out in contrast with competitors, netting them a significant portion of the market share of the U.S. insurance market.

Source: Investopedia. 2020. Geico's Marketing Strategy Through Advertisements. [online] Available at: <https://www.investopedia.com/articles/insurance/020117/look-geicos-marketing-strategy.asp> [Accessed 7 August 2020].

 

2. "NOBODY DOES IT LIKE SARA LEE" (An example of how a brand creates perception of product desirability to build consumer preference vs. competition)

Sara Lee had a problem it didn't think it had. And it didn't have the problem it thought it had. It's marketing professionals felt that Sara Lee was threatened by fresh-baked cakes and breads. They wanted their advertising to prove somehow that frozen was as good as fresh.Or maybe even better than fresh.

What Sara Lee did have was a superb line of frozen bake goods acknowledged by everyone to be the best in their business...for simply getting throught the trials of the day...

Source: Levenson, Bob. Bill Bernbach’s Book : A History of the Advertising the Changed the History of Advertising. New York, Villard Books, 1987. p. 143.

___________

ARTICLES

Setting Advertising ObjectivesBloomsbury Business Library - Actionlists & Checklists. January 2007:217. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=b9h&AN=26759043&site=sbrc-live. Accessed July 17, 2020.

_______________

WEBSITES

KnowThIs.com -- SETTING THE ADVERTISING OBJECTIVES

Smallbusiness.chron.com - HOW TO DETERMINE ADVERTISING OBJECTIVES by Kate McFarlin

REFERENCEFORBUSINESS.COM -- "ADVERTISING STRATEGY"

____________

E-BOOKS

Book JacketLi C. Effective Advertising Strategies for Your Business. Vol First edition. New York, New York [222 East 46th Street, New York, NY 10017]: Business Expert Press; 2014. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=e000tna&AN=815541&site=ehost-live. Accessed July 22, 2020.

WHAT RESULTS DO YOU WANT TO SEE?

  • In specific terms, what do you want your target market to do after seeing your ad? For example, do you...
    • want them to try your product?
    • use your product more frequently?
    • use your product in many different ways?
    • know a new usage for your product?
    • prefer your product over competition?
    • switch from a competitor's product to yours?
    • know that your product is available in different colors, or flavors?
    • know that your product or service is available in more convenient locations?
    • be assured of your product's or service's superiority over competition?
  • Do you have a unique selling proposition?
  • In other words, is there persuasive reason why your consumer should prefer your product or service to competition's?

 

Cicero's not-so-secret formula for persuasive talks | by ...

 

undefined

Some questions to ask about your consumer:

  • Who is using your product or service?
  • How many of them are there? Should you expand your consumer base?
  • Do you want them to use your product or service more frequently?
  • Who is your typical consumer?
  • What do you know about this person, in terms of:
    • attitudes
    • lifestyle
    • hobbies and interests
    • personal philosophy and values
    • media habits
    • income and educational level
    • age and marital status
    • other demographic and psychographic insights
    • physical, emotional, or psychological motivating factors for using your product or service
undefined

Additional ways of understanding the consumer:

  • interviews
  • surveys
  • focus groups
  • social media, such as FaceBook, Twitter, TikTok, etc.

Image result for people being interviewed

 

EXAMPLE OF TWO DIFFERENT THOUGHT PROCESSES TOWARDS MAKING A PURCHASE DECISION

Elaboration likelihood model - Wikipedia

_______________

E-BOOKS

Encyclopedia of Business and FinanceBlock, Lauren G., et al. "Consumer Behavior." Encyclopedia of Business and Finance, 3rd ed., vol. 1, Macmillan Reference USA, 2014, pp. 142-149. Gale eBooks, https://link-gale-com.i.ezproxy.nypl.org/apps/doc/CX3727500068/GVRL?u=nypl&sid=GVRL&xid=92c1de9f. Accessed 14 Sept. 2020.

 

 

 

 

 

Cover Art

The Aisles Have Eyes, Joseph Turow 

ISBN: 9780300225075

Publication Date: 2017-01-17

The author of Media Today offers "a trenchant, timely, and troubling account of [retailers'] data-mining, in-store tracking, and predictive analytics" (The Philadelphia Inquirer).   By one expert's prediction, within twenty years half of Americans will have body implants that tell retailers how they feel about specific products as they browse their local stores. The notion may be outlandish, but it reflects executives' drive to understand shoppers in the aisles with the same obsessive detail that they track us online. In fact, a hidden surveillance revolution is already taking place inside brick-and-mortar stores, where Americans still do most of their buying.   Drawing on his interviews with retail executives, analysis of trade publications, and experiences at insider industry meetings, advertising and digital studies expert Joseph Turow pulls back the curtain on these trends, showing how a new hyper-competitive generation of merchants--including Macy's, Target, and Walmart--is already using data mining, in-store tracking, and predictive analytics to change the way we buy, undermine our privacy, and define our reputations. Eye-opening and timely, Turow's book is essential reading to understand the future of shopping.   "Turow shows shopping today to be an exercise in unwitting self-revelation--and not only online."--The Wall Street Journal   "Thoroughly researched and clearly presented with detailed evidence and fascinating peeks inside the retail industry. Much of this information is startling and even chilling, particularly when Turow shows how retail data-tracking can enable discrimination and societal stratification."--Publishers Weekly   "Revealing . . . Valuable reading for shoppers and retailers alike."--Kirkus Reviews

 

______________

WEBSITES

INC.COM -- "How to Define Your Target Market"

The Marketing Toolbox -- "Why You’re Probably Getting Customer Personas Wrong"

Google Forms -- a free website that gives you the ability to conduct personal or business surveys online

ProProfs Survey Maker -- an easy-to-use online survey creator. Has either a free or fee-based option.

 

_________________

DATABASES:

What is it?

"The budget is an expression of the expenditure plan. It is estimated to meet the fundefinedinancial requirements of advertising plans so that advertising objectives with planned strategies may be realised within a given time frame.

It is a statement of proposed advertising expenditure; a guideline for allocating the available funds to the various functions and activities of  advertising.

The nature of the advertising budget, advertising appropria­tion, allocating advertising budget and retail advertising budget are the main decision areas of the advertising budget."

From: Business Management Ideas 

undefined

 

 

 

 

Some budgeting methods to guide you:

  • TASK-OBJECT Method -- the cost of achieving specified objectives
  • PERCENT-OF-SALES Method -- the cost allotted to advertising based on total sales of the previous year
  • COMPETITIVE Methods -- cost is determined by what competition is spending or the competitive marketing situation

Source:  Advertising : Principles & Practice by William Wells, John Burnett, Sandra Moriarty

 

______________

DATABASES

____________

E-BOOKS

Book JacketSeismic changes are occurring in the world of advertising due to the inexorable rise of new technologies and the way consumers are using new media. These changes in behaviour are challenging accepted ways of using the media to build brands. Based on data from the IPA Effectiveness Awards databank and from IPA TouchPoints, the world's first customer-centric media habits survey, plus research from Nielsen and Millward Brown, the authors propose a new model,'F.A.I.P.A', for media and communications planning. This model describes how to select the right media channel to promote a brand from the many that are now available, and if you are employing a range of'bought','owned'and'earned'media, which to concentrate on, and how to allocate the budget between them. Spending Advertising Money in the Digital Age also has contributions from leading figures in the media industry and contains many examples of top campaigns with demonstrable results in the marketplace.

Pringle H, Marshall J. Spending Advertising Money in the Digital Age : How to Navigate the Media Flow. London: Kogan Page; 2012. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=e700tna&AN=411926&site=ehost-live. Accessed July 29, 2020.

 

CHOOSE THE MEDIUM/ MEDIA THAT:

  • has the most potential for helping you accomplish your advertising objective
  • best agrees with your budget
  • will help you reach the greatest number of your consumers for the lowest amount of money
  • can most efficiently and effectively connect you with your consumers

 

 

FREE Subscription to Parents Magazine • Guide2Free Samples

 

 

Amazon Q3: One-day delivery investment hits income - Global ...

 

 

Snapchat Ads: How To Start and Get Results in a Snap

 

 

undefined

Why YouTube Videos “Made for Kids” Have Restricted Features

 

 

 

Building a Social Media Empire - How to Get Instagram Followers ...

 

 

 

 

 

 

 

สัญลักษณ์ เฟสบุ๊ก - Home | Facebook

Please note:  These are merely examples, and not intended, in any way, to recommend ad placement in these media.

 

Television

TVs | Costco

Car Radio

Amazon.com: Head Unit 12.8Inch Android 8.1 Universal 360 Rotation ...

Billboard

Image result for outdoor billboards

______________

DATABASES

__________

E-BOOKS

Book JacketMobile devices, new digital technologies and the increasing popularity of social media all contribute to the ever-growing gap between internet-savvy consumers and traditional means of advertising. With the old tried and tested techniques no longer being effective, marketers, who do not want to fall behind, need to find novel ways to engage with the new-sprung breed of consumers. To do this, learning to listen and communicate with your consumers is critical.Based on four years of primary research, The Conversation Manager explains the evolution of the modern consumer and clearly demonstrates why traditional advertising no longer works. Illustrated with an extensive number of examples of advertising campaigns, this book is full of practical tools to help you transform your company strategy and kick-start conversations with your customers.

Belleghem SV. The Conversation Manager : The Power of the Modern Consumer, the End of the Traditional Advertiser. London: Kogan Page; 2012. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=e700tna&AN=430352&site=ehost-live. Accessed July 29, 2020.

 

_____________

WEBSITES

Entrepreneur: The Top Food Franchises of 2019 | Your PieENTREPRENEUR.COM - MEDIA PLANNING

 

Marketing Evolution Logo THEMARKETINGEVOLUTION.COM -- WHAT IS MEDIA PLANNING?

WHAT IS DIGITAL ADVERTISING?

"Digital advertising is the process of publishing promotional material through online platforms such as social media, search engines, websites, and any other program that can be accessed digitally. Consumers are spending the majority of their time on the Internet, so digital advertising helps you take your business directly to where your audience is."

Source: “Defining What Is Digital Advertising and Why You Need It.” Digital Marketing Blog, 28 July 2020, www.lyfemarketing.com/blog/what-is-digital-advertising/.

WHAT ARE THE ADVANTAGES TO DIGITAL MEDIA ADVERTISING?

  • Bigger reach 
    • you can reach anyone who uses the internet
  • Cheaper 
    • you can post ads online and create campaigns, and they cost fractions of what 30 seconds on TV would
    • you also have social media, and it won’t even cost you a thing to create a page and start posting quality content on it
    • you can boost your posts by paying money, but if you choose, you don’t need to pay anything and you can still get good reach.
  • Tailored Targeting 
    • thanks to the massive data available you get to learn who your most interested demographics are, and you target them among all others
    • you find out who your loyal customers are, what they like, and more importantly, how to create content specifically for them so they could remain loyal and invested in your brand.
  • The Ability to Track Results 
    • Using web analytics and online tools, you get to learn what your campaigns did best and where they went wrong, and who liked them of your target audience and who didn’t.

WHAT ARE THE DISADVANTAGES OF DIGITAL MEDIA ADVERTISING?

  • It's not easy
    • digital marketing is complicated, and it’s a science that needs a lot of time to master
    • you have to understand such things as SEO, paid ads, pay per click ads, social media campaigns, websites, and more
    • you’ll need a very capable team to manage that
    • you’re going to have to invest in training them and honing their skill if you want them to truly be good at what they do.
  • Bigger competition
    • everyone is on the internet
  • You can't afford to slip
    • a big mistake can go viral in a few hours
  • Privacy problems​​​​
    • There are some who claim that platforms gathering data on users without their permission is both unethical and should be illegal. That is something you need to take into consideration.

    • Is it acceptable to collect information and data about users, and does this constitute a breach of their privacy?

Source: Smith, Emily. “Advantages and Disadvantages of Digital Media Advertising.” Aha!NOW, 20 Sept. 2019,

_________________________________

BOOKS

Cover ArtThe Psychology of Consumer Profiling in a Digital Age by Barrie Gunter 

ISBN: 9781138340749

Publication Date: 2018-08-07

Understanding how consumers choose between different products and services is a crucial part of professional marketing. Targeting brands at the consumers most likely to be interested in them is another critical aspect of business success. Marketers need to know what consumers think about brands, why they like them and what purposes they serve. This means delving into the psychology of the consumer to find ways of differentiating between consumers and matching brands to consumer niches at the level of consumers' relationships with brands. Using psychology to segment consumers has been regarded as a valuable adjunct to standard geo-demographic definitions of market segments. The Psychology and Consumer Profiling in a Digital Age examines how this field of 'psychographics' has evolved, the different approaches to psychological segmentation of consumers, the different ways in which it has been applied in consumer marketing settings, and whether psychographics works. It draws upon research from around the world and incorporates its analysis of the use of psychographics with an examination of major shifts in marketing in a digital and global era.

 

_______________________

E-BOOKS

Cover ArtMaximize Your Social by Neal Schaffer 

ISBN: 1118756630

Publication Date: 2013-09-06

Create and maintain a successful social media strategy for your business Today, a large number of companies still don't have a strategic approach to social media. Others fail to calculate how effective they are at social media, one of the critical components of implementing any social media strategy. When companies start spending time and money on their social media efforts, they need to create an internal plan that everyone can understand. Maximize Your Social offers a clear vision of what businesses need to do to create--and execute upon--their social media for business road map. Explains the evolution of social media and the absolute necessity for creating a social media strategy Outlines preparation for, mechanics of, and maintenance of a successful social media strategy Author Neal Schaffer was named a Forbes Top 30 Social Media Power Influencer, is the creator of the AdAge Top 100 Global Marketing Blog, Windmill Networking, and a global social media speaker Maximize Your Social will guide you to mastery of social media marketing strategies, saving you from spending a chunk of your budget on a social media consultant. Follow Neal Schaffer's advice, and you'll be able to do it yourself--and do it right.

Cover ArtThe Rise of the Platform Marketer by Craig Dempster; John Lee 

ISBN: 1119059992

Publication Date: 2015-04-09

Develop the skills and capabilities quickly becoming essential in the new marketing paradigm The Rise of the Platform Marketer helps you leverage the "always-on" consumer to deliver more personalized engagements across media, channels, and devices. By managing these interactions at scale throughout the customer lifecycle, you can optimize the value of your customers and segments through strategic use of Connected CRM (cCRM). This book shows you how to take advantage of the massive growth and proliferation of social and other digital media, with clear strategy for developing the new capabilities, tools, metrics, and processes essential in the age of platform marketing. Coverage includes identity management, audience management, consumer privacy and compliance, media and channel optimization, measurement and attribution, experience design, and integrated technology, plus a discussion on how the company as a whole must evolve to keep pace with marketing's increasingly rapid evolution and capabilities. The expansion of digital platforms has created addressability opportunity through search, video, display, and social media, offering today's foremost opportunity for competitive advantage. This book outlines the capabilities and perspective required to reap the rewards, helping you shift your strategy to align with the demands and expectations of the modern consumer. Develop the tools, metrics, and processes necessary to engage the modern consumer Gain a deep understanding of Connected Customer Relationship Management Leverage trends in technology and analytics to create targeted messages Adjust your company's structure and operations to align with new capabilities The new era of marketing requires thorough understanding of cCRM, along with the knowledge and innovative forethought to thrive in the ever-expanding digital audience platform environment. The Rise of the Platform Marketer gives you an edge, and helps you clear a path to full implementation.

Cover ArtDigital Sense by Travis Wright; Brian Solis (Foreword by); Chris J. Snook 

ISBN: 1119291712

Publication Date: 2017-01-06

Compete in the digital world with pragmatic strategies for success Digital Sense provides a complete playbook for organizations seeking a more engaged customer experience strategy. By reorganizing sales and marketing to compete in today's digital-first, omni-channel environment, you gain newfound talent and knowledge from the resources already at hand. This book provides two pragmatic frameworks for implementing and customizing a new marketing operating system at any size organization, with step-by-step roadmaps for optimizing your customer experience to gain a competitive advantage. The Experience Marketing Framework and the Social Business Strategy Framework break down proven methods for exceeding the expectations customers form throughout the entirety of the buying journey. Customizable for any industry, sector, or scale, these frameworks can help your organization leap to the front of the line. The evolution of marketing and sales demands a revolution in business strategy, but realizing the irrelevance of traditional methods doesn't necessarily mean knowing what comes next. This book shows you how to compete in today's market, with real-world frameworks for implementation. Optimize competitive advantage and customer experience Map strategy back to business objectives Engage customers with a pragmatic, proven marketing system Reorganize sales and marketing to fill talent and knowledge gaps Today's customer is savvy, with more options than ever before. It's critical to meet them where they are, and engagement is the cornerstone of any cohesive, effective strategy. The technological revolution has opened many doors for marketing and sales, but the key is knowing what lies behind each one--what works for your competitor may not be right for you. Digital Sense cuts through the crosstalk and confusion to give you a solid strategy for success.

 

As a form of communication, advertising creative materials consist of anything that can be read, watched, or heard.

They are words, visuals, and/or music.

To be effective, they should have these qualities:

  • persuasive call to action

See the source image

 

  • compelling visual appeal

See the source image

 

  • attention-grabbing message

Image result for 25 Foolproof Ways to Get Free Money

 

 

 

 

 

undefined

 

 

 

 

See the source image

 

 

 

 

See the source image

Examples of past TV commercials that were entertaining and effective:

"Mikey Likes It! -- In 1971, a commercial premiered which came to define not only a decade but an entire generation of finicky young eaters...This Life cereal commercial was such a success that it lasted almost fifteen years, and it's young star became a national hero. Mikey was a symbol of hope for kids everywhere.

SourceMcSweeney's Internet Tendency: Mikey: An Investigation, web.archive.org/web/20070610224045/www.mcsweeneys.net/2002/10/07mikey.html.

"Fred the Baker" -- Fred was best known for his catchphrase "Time to make the donuts!",[3] and the commercial that introduced the phrase (which showed Fred rising well before dawn to begin making the donuts) was named one of the five best commercials of the 1980s by the Television Bureau of Advertising...Sometimes commercials would not be about Fred's work, but rather showing the inferiority of supermarket bakeries...

SourceFred the Baker. 1 Apr. 2020, en.wikipedia.org/wiki/Fred_the_Baker.

______________

MAGAZINES

ADWEEK -- Covers the advertising industry and provides extensive information on a broad range of categories: news analyses on agencies, brand marketing, creativity, digital, and retail; covers awards and honors; offers webinars and podcasts.

AD AGE -- Advertising and marketing industry news that covers a broad range of industry topics that include digital media, agency and client news, and related data.

__________________

WEBSITE

CLIO AWARDS -- Founded in 1959 to honor excellence in advertising, the Clio Awards today celebrates bold work that propels the advertising industry forward, inspires a competitive marketplace of ideas and fosters meaningful connections within the creative community.

Annually, The Clio Awards brings together leading creative talent for an exclusive and collaborative judging experience to select the entries that will win the coveted Grand, Gold, Silver and Bronze Clio statues. The process culminates during Advertising Week in New York, where The Clio Awards are presented during a preeminent ceremony celebrating the year’s best work.

______________

E-BOOKS

Book JacketHow to Write Copy That Sells : The Step-by-Step System for More Sales, to More Customers, More Often

Writing copy that sells without seeming “salesy” can be tough, but is an essential business skill. How To Write Copy That Sells is a step-by-step guide to writing fast, easy-to-read, effective copy. It's for everyone who needs to write copy that brings in cash – including copywriters, freelancers, and entrepreneurs. Inside, you'll find copywriting techniques for email marketing, web sites, social media, sales pages, ads, and direct mail. You'll also discover: The universal hidden structure behind all persuasive copy. How to avoid the most common copywriting mistakes. A simple technique for writing copy that's easy to read. How to write powerful short copy for social media. Sample headlines, bullet points, and openings – yours to “swipe” and use as your own! Tons of templates, examples, and checklists guaranteed to improve your copy....And much, much more! Writing Copy That Sells is your indispensable guide to creating fresh, fast, effective copy that generates sales like magic.

Edwards R, Hoopla digital. How to Write Copy That Sells : The Step-by-Step System for More Sales, to More Customers, More Often. Morgan James Publishing; 2016. Accessed August 27, 2020. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=e000tna&AN=1167023&site=ehost-live

 

Book JacketRead Me : 10 Lessons for Writing Great Copy

If you've ever struggled to craft a powerful message that really hits the spot, you'll know it's harder than it looks. Wouldn't it be helpful to have an expert on hand to explain how the professionals really do it? Better still, how about a whole range of writers ready to pass on their trade secrets? Well that's exactly what you'll find in the pages of this book. Think of it as a rocket-assisted launch for your writing career, structured over ten distinct lessons and illustrated with classic and contemporary international examples of the best copywriting. Designed to help anyone who works with words improve their writing, this book is packed with practical techniques and features effective exercises to pump up your persuasive powers. Includes inspiring contributions from professional writers, an in-depth look at the challenges involved in writing copy for brands and worked examples that cover writing for digital, brand storytelling, and packaging copy.

Horberry R, Lingwood G. Read Me : 10 Lessons for Writing Great Copy. Laurence King Publishing; 2014. Accessed August 27, 2020. http://search.ebscohost.com.i.ezproxy.nypl.org/login.aspx?direct=true&db=e000tna&AN=926209&site=ehost-live