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How Not to Burn Your Advertising Budget
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[QUOTE="Jasmine, post: 245827, member: 49159"] Before you start an advertising campaign you need to understand one basic thing about advertising that is, advertising is an accelerator and not an initiator. What does this actually mean? Advertising will take something you have for example, your product, service, or offer, which is selling well and put in front of more people so that you generate more money. However, advertising cannot take new offer, new product or service that hasn’t been proven yet to make it sold out. Just because you have pumped in money does not mean you will sell huge. Even if ads are helping you to sell, the moment you stop advertising, you will also stop making money. The answer is to use the combination of paid media, earned media, shared media, and owned media. Paid media means the platform where you run ads. Earned media means your personal network, the relationship you build with your customers through service deliver and good will. Shared media refers to the community you build. Owned media refers to your blog, email list, etc. [/QUOTE]
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