The foundation of every business is their products and service they offer to their customers. This being the main revenue stream demands a thorough knowledge and HOW it can reach to the target market and consumers.
There are a lot of different ways to advertise your brand and product.
Despite the array of choices at hand, all types of advertising share two mutual goals: to influence consumers and convert them either into customers or leads. When creating an impactful advertising campaign, no matter the platform, advertisers have a method to their madness that starts with research and strategy.
That madness can be overwhelming, but can also be lessened by categorizing the types of advertising that you and your company will be partaking in. In order to do this, it's important to understand your options.
The type of advertising that you and your company choose to engage in should align with your ideal customer profile and work to engage with them often. On top of this, the method you choose should be cost-effective and make sense with the product or service you're advertising.
There are two larger categories of advertising: digital and traditional.
Digital advertising can reach a wide audience in a variety of different ways by harnessing the all-powerful internet, and can also be customized to narrow down an audience by their demographics.
Traditional advertising focuses largely what you'd think of when you think of "typical" advertising: television, radio, newspaper, magazine, direct mail, and billboard designs. This type of advertising reaches an enormous audience. This is great because it means that more people are seeing your advertisement, but it's hard to know whether or not the right people are seeing them.
Social media advertising serves promotions via social media platforms. Advertising on social media gives you a quick ROI because everything on social is done in real-time. With UTM codes, you can track exactly where your sales are coming from when you tag your social media advertisements as such.
Social media advertising allows for a little more freedom to release a brand's personality, as social media tends to be a more relaxed platform than a paid search advertisement or a television commercial.
When advertising on social media, it's important to choose your platforms wisely and recognize that not everyone in your audience uses every platform. For example, your audience on Instagram is likely to differ from your audience on LinkedIn. Who are you trying to reach?
Social media advertising can be done organically and successfully if your audience is loyal and large, but if you're just starting out or looking to reach someone new, paying for advertisements will help you reach your potential.
With social ads, there's an added bonus--effectiveness is measured in real-time. Every piece of social media content that a business posts is trackable, so advertisers are able to collect insight on how much traffic an ad has, how many conversions it cultivated, and even who has engaged with the advertisement.
Banners and pop-up advertisements make it obvious that they're trying to sell you something. Native advertising camouflages itself.
By appearing as an almost-perfect match to the content that surrounds it, native advertisements come in the form of articles or videos on websites that are already hosting similar materials.
Great native advertisements provide consumers with valuable information and make the advertising aspect secondary to the message being communicated. Since they match the natural flow of the page, native ads are non-disruptive and users won't feel like they're engaging with an ad.
Placement of native ads should be strategic and should also follow the patterns and interests of a business's target audience. Native advertising is labelled to alert readers that the content is sponsored, but the label is so discreet that it's brought up conflict among advertisers and readers.
In style and format, display advertisements are unmistakably selling you something. The obvious nature of display ads is a unique factor within the field of digital advertising, since ads are typically implemented subtly.
Display advertisements can be designed to be animated or stagnant, and are typically found along the top or sides of web pages. Display ads aim for quick conversions and their potential reach is enormous because search engines can match an ad with millions of websites based on keyword and targeting preferences.
While digital advertising is becoming increasingly popular, traditional advertising isn't showing any signs of stopping. With the right budget and purpose in mind, traditional types of advertising can be just as effective as digital. Traditional advertising refers to delivering promotional messages through mass media.
While the field of advertising has evolved, the goals have remained the same: to influence the opinions and buying decisions of consumers. Advertising through print media was once the dominant form of advertising. Today, it exists among the millions of digital advertisements and it's just as important.
Print advertising includes advertisements in
Newspapers and magazines
Flyers and posters
Direct mail (postcards and letters)
Understanding your audience and your own business are crucial when making the decision regarding whether or not you'll be using print advertising. What age group are you advertising to? Is the message something we can all understand or is it local?
Broadcast advertising is sharing promotional messages about your product or service via television or radio. This type of advertisement is a risky investment considering how easy it's been made for us to skip or change the channel completely.
Infomercials, network spots, national spot advertising, local spot advertising, and public service announcements are all forms of broadcast advertising. While broadcast is not the marketing tool that it once was, it has not reached a point of complete extinction, either.
For companies with a larger budget, buying a broadcast spot is an excellent way to build brand awareness and communicate their value to consumers. For businesses that can afford the high price tag associated with broadcast advertising, the potential attention it brings is a brand is a worthwhile investment. However, without a direct path to sales, broadcast is a tool for awareness, not a sales-driver.
Outdoor advertising, otherwise known as out-of-home advertising (OOH), is simply any advertisement made visible to a consumer outside of their home. Just like broadcast advertising, outdoor advertising is considered a mass-market medium and is intended to support broad messaging and branding efforts.
Implementing graphic design into outdoor advertising is critical. Think about how quickly people pass by a billboard design. In the few seconds that a driver has to see it, the message has to be read and understood.
An outdoor advertisement is a great way for businesses to reach a large population of people without any targeting. Outdoor advertising supports brand awareness more than selling since it's difficult to display any kind of sales-related messaging on a board.
However, many advertisers have started to use outdoor ads as a way to connect the real world with the digital world. Whether it's through a QR code or apps like Snapchat and Instagram, businesses are using technology to engage passers-by and drive them to something instantly, enabling a conversation between consumers and a brand.
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