Is Television Advertising Right for You?
Will
your TV offer make viewers run for their telephones?
Let's face it -- if everybody could make money hand over
fist using local television, as some people certainly do,
everybody would already be doing it. Yes, TV can be a
fabulous moneymaker for you if you have the right offer!
But not everyone has an offer that is likely to work on TV.
So, before you spend a nickel, it's a good idea to make an
intelligent guess, at least, of your likely results.
(Here's a little story about
selling widgets on television that will illustrate how
you should be thinking about this.)
Before you start advertising with TV or any other form of
advertising, it's very important to make sure you have a
good offer. What I call an offer is what you want to trade
your prospects for their time or money. It is the main
thing that will determine the success or failure of your TV
advertising.
Good offer or bad offer? The answer to that question
determines, more than anything else, how well your TV
advertising will work.
To illustrate with a little exaggeration, let's say you
have a very good offer -- a boxcar full of new
refrigerators that normally sell for $500 each. You want to
unload them for $199 each. How much advertising do you
think it would take to sell those refrigerators?
But what if you had a very bad offer? You have a boxcar of
refrigerators, but they're all old, beat-up and ugly. In a
used appliance shop, they might sell for $50 each. But you
want $199 each for them! Would any amount of truthful
advertising move those refrigerators at that price?
If possible you should also have a valuable "Sub-Offer".
This is a preliminary offer of real value from which you
can "sell up or sell more". An attorney's "free
consultation" or a dentist's "free examination" are their
"sub-offers".
What if Your Commercial Works? (We know what you will do if
your TV advertising does not work -- you'll stop doing it.)
But what if it works better than you ever expected? Can you
answer the phones if all your lines light up at once? Can
you separate the "wheat" from the "chaff" -- the good
prospects from the bad? Can you track results well enough
that you'll have an idea which TV programs work for you and
which do not? Those are things you should think about.
OK, let's say that you've done your research and you've
decided that TV advertising just might work for you. You
have a good offer, a good sub-offer, and you're confident
you can handle the calls and turn callers into prospects,
prospects into customers or clients. Now what? Now, you
have to decide whether you will do your TV
yourself or
find an advertising agent to
help you. (And, "By the way," you might ask,
"what about radio?")