Looking back on 2009, I can’t help but reflect on the many challenges we faced. Those of us in marketing, advertising and public relations were affected not only by the ups and downs of our country’s financial landscape, but also by the dramatic shift that took place within our industry.
Last year we watched as online news sources and social networking platforms added millions of users every day and traditional media outlets, thought to be institutions, folded. Referred to as social network marketing, we sold our clients on the benefits of platforms such as Facebook, Twitter and LinkedIn. Our savviest clients, also weathering the financial storm, were sold on its ability to target a highly qualified audience for a greatly decreased, if not free, price tag.
Yet, as I embark on a new year, I’d like to make a case for traditional media; reminding clients, colleagues and myself that by relying solely on social media we are neglecting to reach very important segments of the population.
In 2009, I had a real estate development client that did not do any traditional advertising until June. I convinced them that due to the abundance of distressed property in this community, we should try advertising in the Wall Street Journal. Considering the decrease in real estate advertising, I took a chance and guessed that if we bought a standard size ad in the paper, and advertised regionally, we might be able to get bonus circulation or editions. My client was reluctant, but after many conversations I was able to persuade them. Here are the results of our decision to advertise in the Wall Street Journal:
- Received approximately 21 bonus editions and averaged 1,113,727 circulation per issue—we only paid for 45,784 circulation
- Received nine free insertions
- Increased web visits by 40% after the first insertion
- Generated several tours, and approximately 10 buyers mentioned they saw the ad in the Wall Street Journal.
To be clear, I am a true advocate of online and social marketing. Several of my clients employ these tools and have seen success. However, as you can see above, traditional media still produces results. Utilizing only the newest and shiniest tool in the marketing kit and neglecting tried and true traditional tactics is much like throwing the baby out with the bath water. Even as we are wooed by the hot new trends we should always remember that a well-rounded marketing campaign will produce results every time.
written by: Eva Voorhees | Comments (2)