Advertising – a bite size guide
'Advertising' is such a vague term. Everything that you do to showcase your company, service or product is in effect 'advertising'. It covers a wide area and a broad range of media. From conventional media like TV, radio, press, sponsorship and outdoor, to more modern formats such as html emails, online, viral and social media – it's all advertising. So what route should you take? Well, it depends on what you want to achieve. Firstly, you need to have a plan. Without an effective conclusion how do you expect to know where to start? I don't want to run a whole Marketing article here but make sure you set yourself measurable targets or goals. Have parameters in place. It might be that you want to drive sales up by X%, or you might want to attract Y more visits to your website, or even find Y more distributors and suppliers etc. Secondly, set yourself a budget. You can do this as a percentage of profit, or as a rate based on your projected return. Look at spend pe...