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Even Brand Advertisers Like Results

Posted on July 15, 2009 by Mediabids

As a follow up to our diatribe yesterday on BusinessWeek consider this typically snarky comment from AdAge:

"Why the persistent drop for the business bibles? Business-to-business advertisers have found many more efficient, targeted ways to reach their customers. Brand campaigns remain an important component of their marketing, but they've also gotten much better at maintaining databases of the crucial decision makers who buy their products or services, focusing on preserving their loyalty and contacting them more or less directly than through a major magazine ad buy."

If you are in print - newspapers or magazines - this comment should really bug you. The author, Nat Ives, is wrong about the potential for print publications to generate response for non-branding campaigns but he is expressing a sentiment which is common in the advertising world. In other words, the advertisers you covet think he is right about magazines being a branding advertising medium. Further proof, that if print publications don't start proving response to their customers using any number of rudimentary tracking mechanisms (800#s, text addresses, unique urls), no one will.




Comments:

Know what works. For publishers, it means knowing the best way to value the ads that they're offering to advertisers. If you know that a one placement drives more responses than another placement, the buys should be priced accordingly. For advertisers, if you know what works, you can focus your media spend on just the placements that drive business. Response tracking is the key. If you know what works, you can refine your marketing so that you're only doing what works, and not wasting money on what doesn't. Then again, I am a bit biased.

Posted by Andrew Schwartz on July 15, 2009 at 02:51 PM EDT #

Right on, Andrew! It doesn't work for every advertiser but print can turn the tide by helping advertisers generate, capture and analyze the data on the response.

Posted by Jedd Gould on July 16, 2009 at 08:52 AM EDT #

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