Advertising For The Long Haul and Not the Short Term Gains

New Age Media Concepts issues its first article of many that will focus on the advertising and marketing industry.

"If a young man tells his date she's intelligent, looks lovely, and is a great conversationalist, he's saying the right things to the right person and that's marketing. If the young man tells his date how handsome, smart and successful he is -- that's advertising. If someone else tells the young woman how handsome, smart and successful her date is -- that's public relations." By S.H. Simmons.

Welcome to New Age Media Concepts, Inc. where we understand your needs and how to maximize your marketing dollar.

Marketing is your strategy for allocating resources (time and money) in order to achieve your objectives.

People have their own unique perceptions of the world based on their belief system. The most innovative ideas, the greatest products, or a superior service succeed only when you market within the context of people's perceptions. This is true from something as simple as the pet rock craze of the 1970s to the marketing muscle of Wall Street and the Internet boom of the 1990s.

Context can be many things, singly or simultaneously. To name a few, you may market to your customers within the context of their wants, needs, problems solved, or situation improved. Current and potential advertisers need to be aware of many other contexts, such as social and economic trends or governmental regulations.

People don't just "buy" a product or a service. They "buy" the concept of what that product will do for them, or help them do for themselves. People just don't "buy" a laundry detergent, they buy the perceived notion of what that laundry detergent brand says it can accomplish for them. Otherwise every brand in the supermarket will be a no-frills. This is not to say that if a product fails to meet the customers' expectations that product will be successful in the long haul. No amount of advertising and marketing will help a failed product succeed in that scenario.

To have a successful campaign a product or service must understand that they need to start out with something a consumer needs, wants, or improves their situation and that product or service actually does help the consumer for the long haul.

The New York Times said it best in a recent article, "Companies can't Buy Love with Bargains" Building brand loyalty is more than just hyping the consumer into buying a product, it's gaining their trust and the trust of their family both today and for years to come. One example of great brand building is H.J. Heinz, (NYSE: HNZ) they have been around for decades and they gained the loyalty and trust of the consumer spanning generations, now that is great brand building.

Anyone could hype a brand for short term gains but that doesn't accomplish the goals of the advertiser or the consumer. It looks good initially but what happens when the product isn't flying off the shelves any longer and the consumers have lost trust in the product or the company?. Of course you need new and innovative ways to get your message to the consumer but this message has to be geared to building consumer loyalty and not just hype. Even the largest companies make this mistake and pay for it with decreased sales and profit margins.

So whether a consumer is buying a car from Ford (NYSE: F) , a can of beer from Anheuser Busch (NYSE:BUD) or software from Microsoft (Nasdaq:MSFT), the advertiser needs to cater to the needs of the consumer.

Louis Victor has been involved in the investment, advertising, marketing and public relations industries for close to two decades.

In The News:


MediaPost Publications

Online advertising up 11 percent from last year
CNET News, CA - 22 hours ago
Internet advertising revenues for the third quarter were nearly $5.9 billion, representing an 11-percent increase over the same period last year, ...
Internet Advertising Revenues in Q3 '08 at Nearly $5.9 Billion MarketWatch
Online Advertising: A Glimmer of Light? E-Commerce Times
Online Advertising Nearly $5.9 Billion in the Third Quarter Seeking Alpha
InformationWeek - IT Business Edgeall 240 news articles

Ronald Pantello, Harry Sweeney, and David Wood Voted Into Medical ...
MarketWatch - 1 hour ago
NEW YORK, Nov 21, 2008 /PRNewswire via COMTEX/ -- The general membership of the Medical Advertising Hall of Fame voted to induct three new individuals at ...

Current World News

TV Ads Contribute to Childhood Obesity, Economists Say
New York Times, United States - 22 hours ago
The researchers used several statistical models to link obesity rates to the amount of time spent viewing fast food advertising, finding that viewing more ...
Researchers: Ban on Fast Food TV Advertising Would Reverse ... MarketWatch
Fast-food ad ban could cut child obesity: US study Reuters
Study: Banning fast-food TV ads could dent obesity The Associated Press
Los Angeles Times - Telegraph.co.ukall 487 news articles

MillerCoors switches advertising firms
Chicago Tribune, United States - 3 hours ago
MillerCoors announced Friday that its advertising agency of record will be a trio of ad shops that includes Chicago-based Draftfcb. ...
MC Media = Draft + Initiative + Kinetic + $400M mediabistro.com
MillerCoors, top US competitor to Anheuser-Busch InBev, announces ... St. Louis Post-Dispatch
all 7 news articles

New York Times

The Screens Issue Multiscreen Mad Men
New York Times, United States - 3 hours ago
BENJAMIN PALMER is the CEO of the Barbarian Group, an Internet advertising and marketing firm based in Boston. He helped create the ‘‘Subservient Chicken’’ ...

FROM ADVERTISING SECTION
San Jose Mercury News,  USA - 2 hours ago
By Weelbase communication Obama pledges support for electric power: Two of the most urgent challenges facing the United States climate change and the ...

The Australian

Wall Street Journal Invades News York Times' Ad Turf (Update1)
Bloomberg - 5 hours ago
21 (Bloomberg) -- The Wall Street Journal is invading the New York Times' advertising turf as competition intensifies in a souring US economy. ...
The firm believer The Australian
all 4 news articles

The Wall Street Journal Eats The Times' Advertising Lunch
Wired News - 1 hour ago
By Meghan Keane November 21, 2008 | 1:50:23 PMCategories: Advertising, New York Times Milton Pedrazza, chief executive officer of Luxury Institute LLC, ...
'NYT' vs. 'WSJ' in Ad Smack-down! Editor & Publisher
all 2 news articles

Advertising pioneer George Beach to be honored
Philadelphia Inquirer, PA - 12 hours ago
By Jane M. Von Bergen The interview was winding down, and longtime advertising executive George Beach had begun to relax a little. ...

Sport Chalet Teams With TM Advertising
MarketWatch - Nov 20, 2008
one of the nation's premier specialty sporting retailers, today announced that it has hired TM Advertising as its first advertising agency of record. ...
Precor Selects Sport Chalet for California, Arizona and Nevada MarketWatch
all 28 news articles
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