The Reality of Newsletter Advertising
In our quest for ways to promote our businesses, most of us
have likely come across the opportunity to place an ad in an
email newsletter, or "ezine".
Often, though, people who have tried ezine ads come out
frustrated. They expect that the money they spend will
result in sales. Unfortunately, it doesn't always result
in enough sales to cover the cost of the ad, let alone to
make a profit.
Ezine ads sometimes appeal to people who are seeking what
they think of as an "easy" way to reach a big
audience quickly. And let's face it, some of the ad sales
pages are pretty good, and can conjure up visions of sales
notifications swamping your in-box in the hours after your
ad runs.
It's just not that easy.
Even if someone else highly recommends an ezine, that
doesn't mean you're going to get the same results. The
success of an ad depends on numerous factors, including:
- The "fit" of your product or service with
the ezine's audience. An audience consisting of dog
agility enthusiasts aren't likely to be interested in
the latest ad tracking software. Even different pet products
won't have the same appeal -- for example, they're more
likely to be interested in a "tennis ball launcher"
than in a ramp for disabled pets.
- The strength of your ad copy. A poor ad won't do
well, regardless of how great your product is.
- The responsiveness of the audience. Keep in mind
that the number of subscribers an ezine has is not a
good indicator of its quality.
For instance, one ezine may have 50,000 subscribers
but on average only 200 people ever bother to open the
issue, and even fewer bother to read it. A different
ezine may have 1000 subscribers, but most of them eagerly
await it and read it from start to finish.
- The day the ezine goes out -- are you competing with
a bunch of other ezines, all published on the same day?
Holidays, or holiday periods, will work better for some
types of businesses (such as those that sell gift items)
and much worse for others (such as those that sell
business-to-business products or services).
- How many ads and of what type the ezine runs. Most
people don't like to be inundated with ads... and the more ads
they receive, the more immune they become to them -- the
"delete" key becomes a favorite way to clear out
the mailbox without being forced to read advertisements.
Consider this: many ezine editors won't sell advertising
-- why would they, when they can run their own ads and make
much more money?
That isn't to say that all ezines that offer ad
sales are poor quality. Obviously that's not true. Some
businesses prefer the more stable income from ad sales.
Do your research prior to choosing an ezine. One site
that offers a small selection of ezines that are auction off
ad space to the highest bidder is
EzineAdAuction.
They list primarily business and marketing ezines, but occasionally
you'll find others as well.
[Note: although some of the ads are quite cheap, don't
force it if it doesn't fit! You're not getting a "good
deal" if the readers' aren't interested in what you're
offering]
Make sure the ezine you're considering collects their
subscribers ethically. That means no harvesting of email
addresses or other questionable methods. A double opt-in
method is preferred (it forces people to confirm their
subscriptions prior to adding them to the list). Subscribe
yourself, to see how it's handled and to read a copy of the
ezine.
To combat the risk of losing money on an ad that doesn't
work, there are alternatives you can try:
- Barter for ad space if you have your own ezine. If you
don't, you can trying bartering ezine ad space for web ad
space.
- Write an article and offer it for reprint. Include a
link back to your site in your resource box. This has the
advantage of building your credibility while promoting
your business.
- Offer a complimentary copy of your product or service
in exchange for a review from the editor.
Use your imagination! Promotion doesn't always come down
to parting with dollars... there are other ways to earn
publicity without out-of-pocket expenses.
Ezine ads may be an affordable way to reach a large
audience quickly, and often relatively cheaply.
However, print publications still tend to have more credibility
than an emailed publication. Why not try your hand there? Print
ads are another topic for another time, but just briefly:
- Start small. Many print publications offer relatively cheap
classified ads, or business card-sized ads. Run a few and monitor
the response. Like it? Then figure out whether the cost of a
larger ad (or a color ad) is worth the expected increase in
response.
- Approach smaller or new publications. Many are just starting
their search for an advertising base, and you may be able to
negotiate a discount. Some may even be open to a barter
arrangement, ie. an ad in their publication for some ad space
on your website (assuming you have the traffic to support it,
of course).
If you need artwork for a print publication,
Rent-A-Coder is
a good place to look.
Generally speaking, there are still some good values
to be had in terms of ezine advertising -- but you have to be
willing to put in the time and effort to find them, and back
it up with the funds to experiment.
A big problem lies in whether or not the ezine actually gets
read. People get so much junk mail these days that the delete
key is their friend. Assuming that the ezine even makes it past
their email filters, they may not recognize it immediately and
accidentally delete it. There are lots of reasons why an ezine
may not be read. That's why print media is something to consider
in order to supplement your online marketing efforts.
This article may be reprinted on your website or in your
opt-in newsletter, provided that it is reprinted in its entirety
and without modification, and the following resource box is left
intact:
ABOUT THE AUTHOR:
Angela operates the Online Business Basics
website, which offers free marketing tips and articles for beginners to
the 'net. Visit www.onlinebusinessbasics.com
for more tips on how to effectively market your business on a limited
budget.
Originally published August, 2004
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