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Advertising For The Long Haul and Not the Short Term Gains

New Age Media Concepts issues its first article of many that will focus on the advertising and marketing industry.

"If a young man tells his date she's intelligent, looks lovely, and is a great conversationalist, he's saying the right things to the right person and that's marketing. If the young man tells his date how handsome, smart and successful he is -- that's advertising. If someone else tells the young woman how handsome, smart and successful her date is -- that's public relations." By S.H. Simmons.

Welcome to New Age Media Concepts, Inc. where we understand your needs and how to maximize your marketing dollar.

Marketing is your strategy for allocating resources (time and money) in order to achieve your objectives.

People have their own unique perceptions of the world based on their belief system. The most innovative ideas, the greatest products, or a superior service succeed only when you market within the context of people's perceptions. This is true from something as simple as the pet rock craze of the 1970s to the marketing muscle of Wall Street and the Internet boom of the 1990s.

Context can be many things, singly or simultaneously. To name a few, you may market to your customers within the context of their wants, needs, problems solved, or situation improved. Current and potential advertisers need to be aware of many other contexts, such as social and economic trends or governmental regulations.

People don't just "buy" a product or a service. They "buy" the concept of what that product will do for them, or help them do for themselves. People just don't "buy" a laundry detergent, they buy the perceived notion of what that laundry detergent brand says it can accomplish for them. Otherwise every brand in the supermarket will be a no-frills. This is not to say that if a product fails to meet the customers' expectations that product will be successful in the long haul. No amount of advertising and marketing will help a failed product succeed in that scenario.

To have a successful campaign a product or service must understand that they need to start out with something a consumer needs, wants, or improves their situation and that product or service actually does help the consumer for the long haul.

The New York Times said it best in a recent article, "Companies can't Buy Love with Bargains" Building brand loyalty is more than just hyping the consumer into buying a product, it's gaining their trust and the trust of their family both today and for years to come. One example of great brand building is H.J. Heinz, (NYSE: HNZ) they have been around for decades and they gained the loyalty and trust of the consumer spanning generations, now that is great brand building.

Anyone could hype a brand for short term gains but that doesn't accomplish the goals of the advertiser or the consumer. It looks good initially but what happens when the product isn't flying off the shelves any longer and the consumers have lost trust in the product or the company?. Of course you need new and innovative ways to get your message to the consumer but this message has to be geared to building consumer loyalty and not just hype. Even the largest companies make this mistake and pay for it with decreased sales and profit margins.

So whether a consumer is buying a car from Ford (NYSE: F) , a can of beer from Anheuser Busch (NYSE:BUD) or software from Microsoft (Nasdaq:MSFT), the advertiser needs to cater to the needs of the consumer.

Louis Victor has been involved in the investment, advertising, marketing and public relations industries for close to two decades.

In The News:


Canada.com

Obama's new advertising pitch: video games
guardian.co.uk, UK - 16 hours ago
As the final weeks of presidential campaigning draw to a close and candidates prepare for their final debate today, there is news of the ultimate subliminal ...
Obama starts advertising on computer games VNUNet.com
Obama burnout paradise New Statesman
Obama advertising on Xbox 360 (in swing states, on a bunch of ... Seattle Times
Reuters - XBoxerall 482 news articles

Canada.com

Report: Google, Yahoo talking with DOJ over advertising agreement
Bizjournals.com, NC - Oct 14, 2008
Yahoo Inc. and Google Inc. are talking with the US Department of Justice in hopes of protecting their proposed advertising agreement, according to a report ...
All Eyes On Google This Week Washington Post
Dark times on the Net: analysts cut Google, Yahoo CNET News
Google, Yahoo Try to Cut a Deal With DOJ to Avoid Antitrust Suit DailyTech
Wall Street Journal - Computerworldall 159 news articles

Search Advertising's Scalability Problems
Wired News - 22 hours ago
By Meghan Keane October 14, 2008 | 11:11:00 PMCategories: Advertising, Search Search advertising may seem like a safe haven for ad dollars in a time of ...
Paid Search: New Study Reveals Industry Growing Pains PR Web (press release)
Paid Search To Reach $26 Billion WebProNews
PPC Summit Helps Online Businesses Increase Profits with Search ... PR Web (press release)
all 12 news articles

CNET News

Google and Yahoo: A Tale of Two Online Ad Markets
New York Times, United States - 13 hours ago
They are expected to report widely different results which mirror the increasingly diverging fortunes of two forms of online advertising: search ads and ...
Google Continues to Dominate Search Advertising, but Yahoo Gained ... Business Wire (press release)
US paid search rises 26.9 percent during third quarter CNET News
Reports: Search Growth Continues Unabated MEDIAWEEK
Bizjournals.com - Forbesall 50 news articles

British advertising revenues plunge to record lows
Financial Times, UK - 3 hours ago
By Tim Bradshaw and Ben Fenton in London The outlook darkened further for the UK advertising market as media pricing and marketing revenues hit record lows ...

The Digital Home Video: Why in-game political advertising is great
CNET News, CA - 10 minutes ago
I explain why in-game political advertising is fantastic in the latest Digital Home Video. Don Reisinger is a technology columnist who has written about ...

MediaPost Publications

FatTail lands $3.5M to streamline online advertising
VentureBeat, CA - 8 hours ago
In addition to optimizing advertising on sites, the Woodland Hills, Calif.-based company also automates the request for proposal (RFP) process — a stumbling ...
FatTail Secures Series A Financing From Industry Leaders Velocity ... MarketWatch
FatTail Raises $3 Million for Online Ad Optimization Software Digital Media Wire
FatTail Raises $3M socalTech.com
MediaPost Publications - San Fernando Valley Business Journal Online (subscription)all 19 news articles

Quebecor World Appoints Regis Rehel President Canada Division
MarketWatch - 5 hours ago
Quebecor World's Canadian operations provide comprehensive marketing and advertising solutions to retailers and publishers in a coast-to-coast network of 14 ...
Quebecor World Surpasses 1.1 Billion Co-Mailed Catalogs and ... MarketWatch
all 24 news articles

Ten suffers 25% slide in annual profit on sharp fall in ...
Business Spectator, Australia - 1 hour ago
Commercial broadcaster Ten Network Holdings Ltd has posted a 25 per cent decline in annual profit, as a result of a weaker advertising market in the final ...
Ten profit falls after ad slowdown The Age
Canwest's Australian Operations Report Full Year Fiscal 2008 Results FOXBusiness
all 32 news articles

TechCrunch

Technorati Acquires AdEngage - Launches Self-Service Advertising ...
ReadWriteWeb, CA - 9 hours ago
Blog search engine Technorati today announced that it has acquired AdEngage, a small, Los Angeles-based online advertising network. ...
Technorati Acquires AdEngage Advertising Network TechCrunch
AdEngage Acquired By Technorati socalTech.com
all 4 news articles
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