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selling advertising space

I need help - Business startup

         

Pappajim

10:44 pm on Oct 9, 2005 (gmt 0)



I am starting a freebie local newsletter/admag hard copy (circ 8000) but I am finding selling the advertising space an incredibly dificult job. Has anyone out there got a script or pearls of wisdom that may help? How many calls should I have to make to get a YES.Anything that may help will be gratefully recieved. in anticipation, many thanks

ronin

1:41 pm on Oct 10, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Instead of spending time trying to attract advertisers, spend time attracting readership and increasing circulation.

That will get the advertisers' attention.

Pappajim

2:26 pm on Oct 10, 2005 (gmt 0)



Thanks for your reply. The FreeBee Advertiser I am publishing is a give away that folk can pick up in thier local Tescos Asda and Morrisons, as well as a host of others.

In a previouse life I have been in sales but never advertising and this is a hard nut to crack. I was hoping someone might have a script that they give to the trainee tele-salesman that I could use.

ronin

3:39 pm on Oct 10, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



I seriously wouldn't spend much time trying to attract advertisers when you could use the same time to improve your publication and attract readership instead, but it's up to you.

Also, you understand that this folder is for online advertising sales and affiliate programs and not really for offline publications don't you?

Pappajim

4:15 pm on Oct 10, 2005 (gmt 0)



I feel I have just had my wrist slapped for daring to ask for a little help from the online advertising world. Getting readers isn’t the problem, its getting the advertisers that I need the help. I am sure there are lots of guys on this site that have sold advertising space that just might point me in the right direction. I don’t think the basics are much different on or off-line, but I could be wrong (I'm too old to know everything)
I do apologise if I Gate crashed your site, but if there is a wizard out there that can give me a helping hand (and I am sure there is)so much the better and I look forward to hearing from him or her.
Thanks again for your advice

ronin

4:29 pm on Oct 10, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Heh. No it wasn't a wrist-slap. There was no emotive content to the statement. I think what I'm trying to get to the bottom of is:

How are advertisers going to run across your publication so that they decide they want to advertise in it and contact you in order to do so? Are you waiting for them to pick it up in the supermarket?

I'm not sure how it works offline, but that's generally how it works online. Either that or you just wander along to an affiliate network, subscribe to a merchant and start putting their adverts up.

I wouldn't go as far as to say that online advertising is a seller's market, but it's rare that anyone needs to pick up the phone and go cold-calling.

Pappajim

5:45 pm on Oct 10, 2005 (gmt 0)



Well that’s a relief.

It’s the old chicken or the egg scenario Ronin, I haven’t published yet. All I have is a draft copy with blank spaces for the advertisements when and if I sell them. Its not news driven, it is full of factoids, short stories, jokes and lots more. The hardest stage of the game is getting it off the ground and selling the first batch of advertising. Then it will appear on the shelves and be easier to sell because potential advertisers will be aware of it. My research shows that 80% of advertisers use the same medium on a regular basis, so this stage of the game is a white knuckle ride for me and that’s why I am crying out for help.

ronin

6:08 pm on Oct 10, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Okay, how about doing an Issue Zero, which has only a very small amount of advertising - perhaps you can do a deal with a potential long term advertisers... perhaps the supermarkets themselves, since you're having it distributed in several different supermarkets - and is a thinner copy than normal?

An Issue Zero will act as a promotional medium for the forthcoming Issue One and at the same time give both readers and advertisers a taste of what's in store.

You can take a full page advert out in Issue Zero and address it directly to advertisers too, telling them about the demographics and circulation from Issue One onwards.

This will, if everything goes well, significantly ease the process of cold-calling advertisers for issue one, once the publication is already being talked about.

Pappajim

6:35 pm on Oct 10, 2005 (gmt 0)



Brilliant idea

Let me digest it for a bit, but I thik you have just hit the button

The Innovator

5:43 am on Oct 12, 2005 (gmt 0)

10+ Year Member



rorins' idea is just the tip of the iceberg.

you are not thinking out of the box.

I once learned that publications would get creative if they couldnt sell all their space. something similiar to an affiliate program..

What I would recommend is to research within the industry, there were actually a few things and I simply con not remember then in detail just outlines.

I was actually impressed with the creativiity they had developed and I'm not impressed easily.

dataguy

11:51 pm on Oct 25, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



If you're all ready to print, why not give the ad space away?

You will almost certainly attract more advertisers if it looks like you already have advertisers.

You could find a few well-suited business and tell them you are so certain that they will be pleased with the results that you will include them for free... or maybe swap them out for something that they can give to you in exchange, something other than cash.

You could also offer to do an editorial review of their business. Advertisers love that, and they often pay great money for it.

Just a few thoughts....

Robber

8:21 am on Oct 26, 2005 (gmt 0)

10+ Year Member



Is the a specific industry/geographic area from which you are looking to attract advertisers?