2815 meridian street - bellingham, wa 98225 - Stylist and Salon ...
2815 meridian street - bellingham, wa 98225 - Stylist and Salon ...
2815 meridian street - bellingham, wa 98225 - Stylist and Salon ...
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The Who, What, When, Where<br />
<strong>and</strong> Why of Advertising<br />
High Performance, Effective <strong>and</strong> Easy to Use Hair Care<br />
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Beauty<br />
Business Buzz<br />
Shannon Wells<br />
Advertising… any successful business<br />
owner knows there is no surviving without it.<br />
Only a few know the true secret to<br />
successful advertising, the kind that gets the<br />
results intended without paying into a bottomless<br />
pit. From where to advertise to how much<br />
to spend, let’s take a look at some of the keys to<br />
success when creating an advertising plan <strong>and</strong><br />
what you need to know to make sure you’re<br />
getting the most bang for your advertising<br />
buck.<br />
The Who: The first thing to determine<br />
is exactly who your ideal audience is. Many<br />
companies have an idea of who their ideal<br />
client is, but you’d be surprised at how many<br />
companies do not.<br />
When determining<br />
your ideal<br />
client, you need to be<br />
specific. Age, type of<br />
occupation, income<br />
level, location,<br />
even gender are all<br />
important characteristics<br />
to nail down. If<br />
you aren’t aiming to<br />
bring in a certain type<br />
of client then you are<br />
missing a great opportunity<br />
to tailor your message, your efforts<br />
<strong>and</strong> eventually your results. Determining a list<br />
of attributes that fit your ideal client will give<br />
you great insight into how best to reach them.<br />
The What: Many people are lost on the<br />
concept of advertising. I’ve seen many salons<br />
<strong>and</strong> spas dump r<strong>and</strong>om amounts of money<br />
into various forms of advertising hoping for<br />
results, <strong>and</strong> then repeat the same thing the<br />
next year, never knowing the actual outcome<br />
of their advertising dollar.<br />
According to Michelle Bautista, business<br />
advisor for Your Beauty Network, a great place<br />
to start is to allocate a specific percentage of<br />
your budget to advertising. “We recommend<br />
businesses use 1.5 percent of their total service<br />
sales to<strong>wa</strong>rds advertising.” This recommendation<br />
provides a specific number to use for<br />
advertising rather than throwing endless funds<br />
at this area of your business.<br />
Measuring your results is also imperative<br />
to managing your advertising dollars. Bautista<br />
adds, “A great <strong>wa</strong>y to manage <strong>and</strong> measure<br />
your results is to make sure your return on<br />
investment is at least three times the amount<br />
you spent on the advertising in the first place.”<br />
Determining a list of<br />
attributes that fit your<br />
ideal client will give you<br />
great insight into how<br />
best to reach them.<br />
Use these tips to measure what you need to be<br />
spending on advertising.<br />
The When: Deciding when to start your<br />
advertising campaign depends on what you<br />
<strong>wa</strong>nt to accomplish. Are you announcing<br />
something new? Are you attempting to win<br />
new clients or send a message to existing<br />
clients? Are you announcing a time-based<br />
promotion? Traditionally it takes two to three<br />
months to penetrate a market. Plan your<br />
advertising accordingly so you get the word<br />
out in advance of when you <strong>wa</strong>nt to see the<br />
results. If you have a product launch or a<br />
holiday special, you <strong>wa</strong>nt to get the word out a<br />
couple of months in advance.<br />
The Where: There are so many options<br />
<strong>and</strong> mediums in which to advertise your<br />
business today. Television, radio, billboards,<br />
magazines, yellow pages <strong>and</strong> even the internet<br />
are some of the most common methods used<br />
<strong>and</strong> can be very successful if<br />
there is some strategy to which<br />
ones you select.<br />
Your best choice of<br />
advertising medium goes<br />
back to who your audience is.<br />
Which of these items is your<br />
ideal client most likely to use?<br />
Where is the client located <strong>and</strong><br />
which of the mediums will<br />
reach them there?<br />
For example, if your ideal<br />
client is a business executive,<br />
radio ads running during<br />
traditional work hours will not likely be heard<br />
by your ideal client. Make a list of the likely<br />
habits of your ideal client <strong>and</strong> it will dictate<br />
which mediums you should select as well as<br />
the specific genres of the medium. Attracting<br />
moms as your ideal client, for instance, may<br />
dictate you advertise in local kid’s activities<br />
publications.<br />
The Why: Advertising really is a matter of<br />
necessity. It is essential to getting the word out,<br />
generating interest, reaching new clients <strong>and</strong><br />
portraying a positive image of your business.<br />
Underst<strong>and</strong>ing what you <strong>wa</strong>nt to accomplish<br />
with your advertising <strong>and</strong> creating<br />
a planned <strong>and</strong> measurable budget is essential<br />
in ensuring advertising success. Determining<br />
your ideal clients <strong>and</strong> then going to where they<br />
already are to spread your message is an effective<br />
<strong>wa</strong>y to make sure your message is getting<br />
to the right people. Make your plan to find out<br />
the best fit for your business!<br />
Shannon Wells is the Marketing Manager of Your Beauty Network, a<br />
beauty industry ongoing business support service. It offers a membership<br />
based business support resource used by over 700 salon <strong>and</strong> spa owners.<br />
For more information, visit www.ybn.com, call 866-364-4926 or e-mail<br />
shannon@ybn.com.<br />
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NORTHWEST STYLIST & SALON | OCTOBER 2008 | 11