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Going Into Business in West Virginia - West Virginia Department of ...

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Advertis<strong>in</strong>g Your <strong>Bus<strong>in</strong>ess</strong><br />

Advertis<strong>in</strong>g is the means for gett<strong>in</strong>g <strong>in</strong>formation about your product or service to<br />

the buy<strong>in</strong>g public. While develop<strong>in</strong>g your market<strong>in</strong>g plan as described <strong>in</strong> the previous chapter, you<br />

identified your potential customers <strong>in</strong> your area <strong>of</strong> service. Now you must determ<strong>in</strong>e the best methods<br />

for reach<strong>in</strong>g them. While this is an <strong>in</strong>clusive chapter, we suggest consult<strong>in</strong>g with an advertis<strong>in</strong>g agency.<br />

Media Advertis<strong>in</strong>g<br />

Media advertis<strong>in</strong>g and publicity can be obta<strong>in</strong>ed through <strong>in</strong>terviews, articles and paid ads <strong>in</strong><br />

newspapers, magaz<strong>in</strong>es and on radio and television.<br />

Newspaper advertis<strong>in</strong>g reaches large audiences, has a short life span, is relatively <strong>in</strong>expensive and is<br />

quickly and easily changed.<br />

Magaz<strong>in</strong>e advertis<strong>in</strong>g is <strong>of</strong>ten thought to be too expensive for a small bus<strong>in</strong>ess, but you don’t have<br />

to run your ads <strong>in</strong> the entire edition. You can reach specific geographic and demographic markets by<br />

plac<strong>in</strong>g your ad <strong>in</strong> a regional edition.<br />

Radio advertis<strong>in</strong>g is usually local, reaches a pre-selected audience, can be changed frequently, is limited<br />

to brief copy, is relatively expensive and can be repeated frequently. It is priced accord<strong>in</strong>g to the length<br />

<strong>of</strong> the message, time <strong>of</strong> broadcast and frequency.<br />

Television advertis<strong>in</strong>g reaches large market<strong>in</strong>g areas, is relatively expensive and is limited to brief copy.<br />

This form <strong>of</strong> advertis<strong>in</strong>g is usually highly pr<strong>of</strong>essional and is priced accord<strong>in</strong>g to length <strong>of</strong> message, time<br />

<strong>of</strong> broadcast, frequency, time <strong>of</strong> year and whether the station is a network or <strong>in</strong>dependent.<br />

An Internet market<strong>in</strong>g strategy is someth<strong>in</strong>g that absolutely every modern-day small bus<strong>in</strong>ess start-up<br />

needs. While a good start<strong>in</strong>g po<strong>in</strong>t is a Web site, Internet market<strong>in</strong>g requires more than a couple <strong>of</strong> static<br />

Web pages. Instead, successful Internet market<strong>in</strong>g mandates a dynamic and well-rounded Web presence<br />

that builds relationships <strong>in</strong> addition to sales. A comprehensive Internet market<strong>in</strong>g strategy replaces<br />

newspaper ads with banner ads, yellow pages with search eng<strong>in</strong>es, snail mail with e-mail, town squares<br />

with social networks and sales letters with custom content. A Web site allows you and your bus<strong>in</strong>ess to<br />

have an ongo<strong>in</strong>g “conversation” with customers.<br />

Along with a dynamic web page, reach<strong>in</strong>g your audience wherever they are requires a presence on<br />

the social network<strong>in</strong>g pages today. <strong>Bus<strong>in</strong>ess</strong> EZ<strong>in</strong>e says market<strong>in</strong>g via social media can be def<strong>in</strong>ed as<br />

a method <strong>of</strong> market<strong>in</strong>g, communication with the public, customer service and sales us<strong>in</strong>g just one or<br />

a multiple <strong>of</strong> social network<strong>in</strong>g websites, <strong>in</strong>ternet communities, wikis, blogs or another form <strong>of</strong> onl<strong>in</strong>e<br />

media. Some social media that are famous and good for market<strong>in</strong>g <strong>in</strong>clude L<strong>in</strong>kedIn, Flickr, Facebook,<br />

Wikipedia, YouTube, Orkut and Twitter.<br />

50<br />

<strong>Go<strong>in</strong>g</strong> <strong>in</strong>to <strong>Bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>West</strong> Virg<strong>in</strong>ia

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