Advertising can be expensive, and there are a plethora of factors to consider. Do you support the right target group? And do you run ads effectively? And is this the right advertising campaign for your company? It's even more difficult than it sounds, especially for small businesses. As small businesses have to compete with large businesses with bigger budgets.
If
you're not sure which ad is best for you, you've knocked down the right place.
With present marketing technology trends, there is a way to create cost effective advertising campaigns with a minimal budget.
Here are five different low-cost ad types for small businesses.
On Hand
Marketing Technology Trends For Cost Effective Advertising
Small
businesses that want to quickly expand their customer base and increase revenue
need to invest in advertising to increase brand awareness among a larger
audience. There are various advertising approaches that your small business can
take. Focus on digital advertising platforms such as Facebook, Twitter,
LinkedIn, YouTube, and Google AdWords. Alternatively, you can choose more
traditional advertising media such as newspapers, radio, and local television.
Strategic investment in advertising for your small business can bring a high
rate of return on your investment and bring a new value to your business.
PPC (Pay Per Click)
Pay-per-click
(PPC) advertising is online advertising that advertisers pay for each time a
user clicks on one of the ads, usually through a search engine. Advertisers bid
on ad placements within search engines. That is, the advertiser sets the
maximum price a user can pay to click on an ad. You won't be charged if someone
sees your ad but doesn't click on it. The most popular platforms for PPC
advertising are Bing Ads and Google Ads. PPC advertising is a form of SEM
(search engine marketing). It's a great option for small businesses on a
budget, and according to WordStream, companies make an average of $ 2 for every
$ 1 spent on Google Ads.
Advertising Through Mobile
Mobile
advertising is digital advertising that delivers ads only to mobile devices
such as smartphones and tablets. Ads in
mobile include the following:
• Display Ads
• Search Ads
• Videos
• Mobile App Ads Designed To
Facilitate Branded App Downloads
• Social Media Ads Only Appear On
Mobile Devices
Mobile
advertising strategies can benefit your small business. Eighty-four percent of
adult shoppers under the age of 30 are most likely to shop online using their
mobile devices.
Social Media Advertising
It
is a popular choice for small businesses because it is relatively affordable
and has a very high selection of target audiences. For instance, suppose you
own a retail store. In that case, you can use ad targeting options to narrow
your audience and show social ads only to users in a specific demographic group
who live within a certain distance from the store. There are several social
media platforms you can choose for social advertising, including:
•
Facebook:
Facebook is a significant choice for advertising small
businesses because of the worldwide adoption of the platform. Moreover, the low
cost of its ads makes it feasible for small businesses. There are various ad
units to choose from on Facebook, including carousel images, video ads, lead
generation, customer offers, event responses, page likes, and more.
•
Instagram:
Instagram ads are an eminent option for small businesses. By virtue of
its potential of appealing to younger audiences. Instagram offers similar
parameters as offered by Facebook. Their ad units include image ads, stories
ads, video ads, and carousel ads. In addition, you can drive traffic to your
website by incorporating clear call-to-action buttons.
•
Linkedin:
LinkedIn ads tend to be a bit more expensive than other social networks,
but LinkedIn ads use a business-to-business (B2B) sales model because they can
reach professionals in a particular industry or job. It's a great option for
small businesses.
Direct Mail Advertising
Direct
mail ads are one of the efficient cost effective advertising techniques. It includes all forms of
advertising mailed to your customer's home. This includes pamphlets, sales
letters, catalogs, and newsletters. Direct mail is a less popular advertising
method for small businesses than digital advertising, but it can be successful
if you develop creative and visually appealing direct mail campaigns. Direct
mail ads allow you to deliver messages individually to local consumers. Other
than this, you can go for direct email advertising. Direct email advertising is
less expensive than mail advertising. Although there is a difference of just an
alphabet "e," it makes a huge difference in cost.
Broadcast Advertising
Broadcast
advertising includes mass market media such as television and radio.
Advertising through broadcasts can be expensive TV ads, but having a local TV
or radio station in your area can be cheaper, and viewers are very much
relevant for your local business. The cost of an ad that airs depends on many
factors, including the length of the ad (if it airs, the longer the ad on TV or
radio, the more expensive it is), how often it airs, and when it airs. You
should also consider the cost of creating an ad, as the cost of an ad depends
on how professional an ad is.
Wrapping
Up
These
marketing technology trends are part
of essential cost effective advertising
techniques that you can use
to market your small business. However, this may seem like an uphill battle for
many business owners. So ease yourselves with marketing services offered by
Scorpion. We don't leave our customers to figure it out on their own. Instead,
experts at Scorpion partner with you to assist in growing your business to the
peak of success. All this is done at a reasonable price. Therefore, hook to the
website now to lock the best affordable deal.
Post a Comment