TRADE
MEDIA / ALTERNATIVES
The trade media is, for
"business to business" companies, what television is for "open to the public"
companies. It represents the most powerful and cost-effective way
to communicate.
Also, the trade media
has a unique advantage. It can offer you several marketing tools
under one convenient umbrella, on a small budget. A single trade
organization can publish your printed ads, expand your Internet presence,
provide the hottest mailing list, and organize events where you can ACTUALLY
MEET your prospects! You can rent a booth at their trade shows, sponsor
an event for fellow members at YOUR location, or simply show up at their
social mixers. Even if you use high-power "automated" media to deliver
your messages, there is no substitute for personal contact.
Right now we want to mention
another type of trade media - with an example. Does your industry
have a "garage sale" type of publication? Most trades have at least
one publication of this kind - with a website equivalent as well.
Such marketing vehicles deserve your full attention. Or do you consider
that an "undignified" medium?
One of our clients owns
a repair shop for professional motion picture equipment. He used
to spend thousands of dollars each month, advertising in many trade magazines
(the top league - like American Cinematographer). The response was
good, but barely enough to justify the expense. Until one day, when
he discovered a low-cost trade paper called "In Sync".
"In Sync" is like a garage
sale magazine for the motion picture industry. It may be printed
on cheap paper - but it has a proven readership of twelve thousand cinematographers
and assistants around the world! And it charges for one page
what other magazines charge for a classified ad! Due to this
publication, my friend's repair business has tripled - and now he
also has a respectable equipment brokerage firm. Every month, he
publishes a two-page display ad - and that's all the advertising he needs.
In his case, relying on a single marketing outlet is not risky. As
an important pillar of the film industry, "In Sync" will be around for
many years - until the end of motion pictures.
With public media there's
normally a straight correlation between your rate of success and "how much
you spend". In the realm of trade media, "how smart you spend" seems
to be the key.
|