The art of advertising sales can be fine tuned by understanding your target market and your potential audience. By adapting a few simple techniques and strategies, you can be successful across many different formats.
Selling advertising is something which while similar in aim to any other kind of sales, calls for an entirely different type of approach.
Advertising sales is an intensely competitive field, especially given the enormous number of potential advertising venues available to companies today. As a publisher or owner of any form of media suitable for advertising, you have a number of challenges which must be dealt with in order to successfully; and even more importantly, profitably sell advertisers space in your media.
One of these challenges faced by publishers as they seek to begin or optimize their returns on advertising sales is to convey the benefits to be had by advertising with their particular media outlet. You have to have an in-depth understanding of the advantages of the type of media you are selling advertising in and convincing potential advertisers that your media and in particular, your publication or other venue is ideally suited to reaching their target market.
The right approach to take to advertising sales is largely dependent on the kind of advertising opportunities you have to sell. If you are selling outdoor advertising, it calls for a different set of tactics than if you were selling advertising space in a print publication or on the web. It bears repeating that you have to know your media and know it inside out if you hope to be a success in advertising sales.
You should always ask a potential advertiser what media they currently advertise in and how well it is performing for them. This allows you an opening to suggest ways that your advertising opportunity would be an ideal complement (if their current campaigns are doing well) or alternately, a much more profitable replacement in the event that they are unhappy with the results from their current advertising efforts.
Advertising sales requires an understanding of the customer’s needs and motivations, as well as of your media.
The way to make successful and lucrative advertising sales is to provide the customer with a perception of added value. This means positioning your advertising space as a product which is desirable and serves as a solution to the needs of the potential advertiser. You’ll also need to be prepared to be flexible in order to remain abreast of the competition and always maintain good client relations. If you’re not communicating with your advertisers regularly, you can be sure that someone else is!
Advertising sales can be quite a challenging proposition, which is why many publishers and media owners opt to engage the services of professional advertising sales consultants. This keeps the company’s risk low and the return on investment high. Most importantly of all, using a freelance advertising sales service allows media owners to concentrate on the operations of their business, ensuring continued growth and profitability.
Andrew Long is an advertising sales consultant and expert in the field of generating revenues from websites and other media. He offers media companies a bespoke solution to selling advertising and making money from their websites and other media. This article about Advertising Sales can be used on a website as long as this full resource box is added http://www.selling-advertising.com/Advertising-Revenue-Centre