2. Social networks have become
the new darling of advertising
Much of the legwork is being
done by dedicated fans, for
free.
Establish a social community
of fans who advertise by word
of mouth
Rely on Power of Social
Networks
Promoting a business online
involves developing a website
Participating in industry/trade
Chip in forum debates, blogging
and social networking sites
Use pay-per-click & banner ads
Listing your business info in
business directories
Employ search engine
optimization (SEO) techniques.
Calculated Visibility in Internet
Meeting professionals from
other, related businesses is an
effective strategy
It provides opportunities to
learn about your competitors
Ask for referrals, form
mutually beneficial alliance in
complementary industries
Spread awareness about your
business to like-minded people
Networking
Signs and Hoardings
Print
Broadcasting Media
Advertisements
Direct Mail
Public Relation Advertise - Consider these
channels for Advertising
Customers are people - not
numbers.
For example, when you send
out New Year cards each year
You not only gain customer
loyalty
But you also inspire customers
to promote your business to
the people they know.
Develop Relationships with
your Customers
Things like pens, magnets and
calendars are good
merchandising ideas
As these tend to stay in use,
and within view, for extensive
periods of time.
Offer Freebies
In effect, piggyback off the
success of another business.
Whenever you think of one
brand, the other brand comes
to mind, and vice-versa.
Business partnerships can be
very effective advertising
tools.
Build Business Partnerships
with other Organizations
Regular participation in trade
shows and exhibitions.
It provides much needed media
exposure in niche market
Without paying any extra
costs.
Trade Shows and Exhibitions
Widespread brand recognition
is your goal
It will give your business
credibility and inspire others to
spread the word about your
business.
Create a Brand Image or Logo
Preamble of Inclusive Business Promotion Diversity
3. 75% of customers trust peer
recommendations while only
25% trust advertisements.
The future sales of your brand
are in the hands of what people
are saying about your company.
To manage this, you need help
monitoring the comments and
reviews being made about your
product or service.
Customers trust peer
recommendations
80% of customers are
influenced by advice received
on social media about products
and services, according to
market studies
What does this mean for you?
You need to know what is
being said about your brand
online.
Customers are influenced
by social media
Peer-to-Peer (P2P) Advertising
4. Internet surpassed TV as
the largest advertising
market.
Websites often include
banner or pop-up ads.
Advertising is shifting gear
from the traditional outlets
to the electronic ones.
Social networking sites
don’t always have ads. But
they were user interactive.
TV commercials often
request viewers to visit
website for more info.
Implications on Traditional Advertising