In these occasional moments of high network ad demand and media pricing, we often see trade articles quoting advertisers and media buyers threatening to move some of their media dollars to other media.
In my experience, however, these words are rarely followed by action to make major shifts in media strategies.
This time may be different, however, because I don’t think this situation is likely to change in the near future and I doubt whether some advertisers will be able, even if willing, to maintain satisfactory ad schedules in TV.
So what is an advertiser who needs to buy TV ad time in the near future to do? I suggest
- Analyze the geographic distribution of your sales patterns.
- Local Spot TV in key markets, while more expensive on a CPM basis, may afford you heavier media levels than you can buy in network.
- Local Spot Radio can offer similar leverage with very low production costs if you use ‘live read’ announcer copy. This can often be a good deal more credible than slickly produced ads. And radio has just as large an audience in the early morning hours as TV has in the evening.
- If your product or service is of relatively high interest to your customers and prospects---I’m thinking of such business categories as automobiles, entertainment, travel, etc.---then you can use print media effectively because your readers will want to see what you have to offer.
- Want the quick high reach that TV used to offer but can only deliver today with multizillion dollar budgets? Consider
- Outdoor especially the new digital OOH venues that deliver a TV-like message to a specific location and audience
- Sunday supplements like Parade, what they used to call ‘prime time print’ because they can reach a third of the country in a day.
- Multiplatforming newspaper and/or magazines with their respective internet sites and brand-specific microsites along with sponsorship of relevant streaming video.