Newspaper advertising can be an expense or an investment. No matter how you see it. one cannot deny its importance in a businesses marketing campaign is crucial.
Now the question arises what is the right amount to be invested in a newspaper advertisement.
Honestly, there is no right answer. It rather depends on a lot of factors regarding your advertisement.
Analyzing these factors you can determine how much amount will be a worth it amount to be invested in your newspaper ad.
Type Of Ad
Is it a commercial ad or a personal one? Are you giving it sell, hire, promote or simply fulfil a formality? Asking these questions already gives you a clear vision of your spendings. Suppose you are launching a new product on the market and want to attract new customers. You have to do newspaper ads on a regular interval, publishing a single will not get the job done. You want to attract the reader’s attention. But giving a display ad is too costly for regular advertising yet classified text won’t be attracting much attention. So you choose a classified display which allows you to attract more reader attention with a colourful picture and also costs you less than a display allowing to advertise more than one time in regular intervals.
But suppose you have changed your name and are asked to give a name change ad in a local newspaper by the court for formality. If you go for a display it will be a waste, a simple classified text ad will be the right investment.
Target Audience
What type of audience are you trying to showcase your ad to? Youth? People from a specific region? Or on a national crowd?
Depending on that you can choose whether to give an ad in Times of India or Maharashtra times. Even though it costs different and publishing an ad in one is costlier than the other. Selecting the newspaper which will rather get the job done i.e. exposing your ad to the target audience is more important. Even if it is the cheaper option.
Budget
Advertising is important but it is a part of marketing and promotion not beyond it. Gaining new customers, recruits or buyers is important but only when your budget allows. Knowing the amount till which you would like to invest in advertising is important before you start thinking about any other factor of newspaper advertising.knowing the budget beforehand shows you the clear picture and options in which kind of newspaper advertising you can consider giving.
As they spend too much on is not important rather spending wisely is key to successful advertising! Do get negotiable rates on your next newspaper advertisement Mail us at book@releasemyad.com, or call us on 09830629298.