The Creative Connector
    Connecting Ideas in Entrepreneurship and Venture Capital
Search Archives
Subscribe via Email
Sign up here and receive posts directly in your inbox.
Subscribe via RSS
 

Traditional Advertising is Dead

People today are immune to advertising.

Just consider the last time you picked up a magazine or newspaper. Do you remember any of the advertisements? How about when you lasted watched television? Do you remember a single commercial? By now, we are so used to seeing advertising that we subconsciously ignore it.

Here are three things we know:

  • people read blogs
  • people use social networks to communicate
  • people watch a lot of television (and they skip over advertisements with the help of TiVo)

So what does this tell us? It’s simple. Companies need to focus on getting their messages out using alternative, and more modern, methods. Whether it’s developing a corporate blog or reaching out to the media, new and free communication channels are available in today’s business world and companies need to take advantage of them.

As an example, I recently helped a client gain exposure on CNN.com’s homepage as a response to a media campaign announcing a poll they were hosting. Being on CNN.com resulted in over 5,000 additional unique visitors each day to my client’s website. If you compare this to traditional advertising, this same amount of exposure would have taken thousands of dollars.

There are several ways in which you can help leverage your company’s media exposure. Here are just a few examples:

Develop a catchy hook: When developing a media pitch, it’s time for you to think outside the box. What can you add to your story that will bring it to the next level? Put yourself in the shoes of a journalist and ask yourself, “Would they care about my story?” If not, then it’s time to rethink your message.

Become an industry expert: Do you manufacture widgets or do you offer a service to the public or to other businesses? It doesn’t matter. If you do business at all, it’s important to build your reputation as an expert in your industry. For those that know how to do it, it’s not difficult. Offer free articles to industry trade journals, volunteer to participate in open panel discussions or launch a blog. The media always needs expert sources. Being known as an industry expert will open you up to serve in this role.

Follow the news: Stay up-to-date on the most recent news in your industry. Set up Google Alerts for certain keywords and phrases. If a phrase comes across the wire that relates to your industry, follow-up on it and offer your expert insight and perspective to your local media outlets.

Most importantly, the next time you consider spending money developing a large advertising campaign, consider this: The Body Shop was built using publicity with no advertising at all and Starbucks built its brand through PR. Starbucks now has approximately 12,000 retail stores and annual sales over $9 billion.

 

 

Recent Posts

  • Xtreme Products Launches Line of Electric Eco-Vehicles
  • Raise Money through Venture Capital: Advice From a New York VC
  • A Recap of Favorite Posts, Interviews, and Links
  • Connecting Ideas in Entrepreneurship and Venture Capital
  • Kleiner Perkins Launches $100M Venture Fund Exclusively for iPhone and iPod Touch Platform
  •  
     

    Popular Posts

  • See what you will look like when you're older!
  • RareShare Goes Live as Social Network for Rare Medical Disorders
  • Become a guest blogger to reach potential customers
  • Leveraging Your Brand with Bentley Motors
  • SeatGuru Helps You Find the Best Seat on the Plane
  •  
     

    Categories
  • Branding (10)
  • Buzz (11)
  • Connecting Companies (7)
  • Connecting People (17)
  • Connecting Products (7)
  • Creating Synergies (14)
  • Creative Marketing (25)
  • DEMO '08 (10)
  • E-Commerce Strategies (6)
  • Entrepreneurship (20)
  • Going Green (5)
  • Innovative Companies (14)
  • Just for Fun (19)
  • Managing Crisis (1)
  • Miscellaneous (18)
  • Private Equity (1)
  • Public Relations (6)
  • Reaching Customers (18)
  • Startups (22)
  • Strategies for Success (12)
  • The Web (34)
  • Venture Capital (16)
  • Visionaries (3)
  •  
     
    Archives
  • October 2008 (1)
  • September 2008 (3)
  • August 2008 (2)
  • July 2008 (1)
  • June 2008 (3)
  • May 2008 (3)
  • April 2008 (5)
  • March 2008 (11)
  • February 2008 (15)
  • January 2008 (19)
  • December 2007 (16)
  • November 2007 (33)
  • October 2007 (1)
  • August 2007 (1)
  • July 2007 (3)
  • June 2007 (2)
  • May 2007 (10)
  •  
     
    Copyright 2007-2008, The Creative Connector. All Rights Reserved.
    |
    |
    |