{"id":796,"date":"2013-01-21T04:08:38","date_gmt":"2013-01-20T21:08:38","guid":{"rendered":"http:\/\/fortuneindo.asikwap.com\/?p=796"},"modified":"2013-01-21T04:08:38","modified_gmt":"2013-01-20T21:08:38","slug":"do-advertisers-know-that-well-targeted-print-ads-can-increase-roi-to-240","status":"publish","type":"post","link":"https:\/\/foru.co.id\/id\/blog\/2013\/01\/21\/do-advertisers-know-that-well-targeted-print-ads-can-increase-roi-to-240\/","title":{"rendered":"Do Advertisers Know that Well-targeted Print Ads can Increase ROI to 240% ?"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif; line-height: 1.5;\"><a href=\"https:\/\/foru.co.id\/wp-content\/uploads\/2013\/03\/advertising-596x596-e1367157624429.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-2876\" alt=\"advertising-596x596\" src=\"http:\/\/fortuneindo.com\/read\/wp-content\/uploads\/2013\/03\/advertising-596x596-300x300.jpg\" width=\"222\" height=\"213\" \/><\/a>Many news media are focused on new business models, profitability, and shareholders\u2019 value. But in this quest for innovation and continuity, we might overlook one of the major assets of the news media: it\u2019s advertisers\u2019 value.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">In tough economic times, with a critical look at diminishing advertising budgets, news media can still deliver excellent return on investment (ROI), even resulting in direct uplift at the counter.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">In 2013 we expect to deliver some hard evidence of this belief.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">Like everywhere in Europe, the Dutch news media, especially newspapers, are experiencing tough competition from other media channels. Most A-brand advertisers choose a multi-media approach, with TV and online as a base.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">On top of that, newspapers, magazines, radio, or outdoor can play a secondary role. But they have to compete, even for a supporting role. <\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">The low\u00a0<a title=\"gross rating point (GRP)\" href=\"http:\/\/en.wikipedia.org\/wiki\/Gross_rating_point\">gross rating point (GRP)<\/a> prices of television in the Netherlands make this pitch extra difficult \u2014 particularly for retailers who need weekly impulse shopping traffic and still rely on regular newspaper advertising.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">The advertiser\u2019s focus on media ROI and direct sales also offers chances.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">A dedicated panel of\u00a0<a title=\"GfK Panel Services\" href=\"http:\/\/www.gfk.com\/Pages\/default.aspx\">GfK Panel Services<\/a> is a validated source for this type of metric.\u00a0This panel consists of a few thousand consumers whose media and consumer behaviour are continuously tracked.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">A German analysis in 2011 of more than 100 multi-media campaigns delivered some promising results. If we look at sales ROI of media campaigns, newspapers belong to the most remunerative media channels.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">These positive insights encouraged the\u00a0<a title=\"Dutch news media promoter Cebuco\" href=\"http:\/\/www.cebuco.nl\/\">Dutch news media promoter Cebuco<\/a> to initiate some ROI studies for their specific market. The organisation signed up for seven studies; the individual news media will account for three extra cases.<\/span><\/p>\n<p><span lang=\"EN-US\" style=\"font-size: 11pt; line-height: 115%; font-family: Arial, sans-serif;\">When transformed to showcases, these studies can be used as incentives for other A-brands. And an aggregated study of the individual cases \u2014 planned for mid 2013 \u2014 will be able to bring out some general lessons for a better advertising ROI.<\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" style=\"margin: 2px auto; vertical-align: middle; display: block;\" alt=\"Grimm-HiddenTreasure\" src=\"http:\/\/fortuneindo.com\/read\/wp-content\/uploads\/stories\/Grimm-HiddenTreasure.jpg\" width=\"380\" height=\"241\" \/><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">Of course, a secondary goal is to gain a fair share in the TV-dominated Dutch advertising market.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">Halfway through this project, the first lessons are already emerging. And for news media, they appear to be very promising.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">The provisionary conclusion is that TV is over-used. Because of the cheap tariffs and effectiveness promise, media campaigns are regularly depending on 1,000 GRPs or more.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">On the other hand, print advertisement is limited to one shot or a few inserts. GfK found that the law of diminishing returns is clearly visible; the last flights of the TV commercials don\u2019t contribute much to the ROI. <\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">On the other hand, the print ads are still on the progressive side of the curve; by adding more newspaper adds, the ROI will grow. By optimising the media strategy for the ratio of print to TV, the ROI can improve to 25%.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">Although we\u2019ll have to wait for the aggregated study to deliver the hard evidence, some results are worth mentioning in this \u201cappetizer article\u201d:<\/span><\/p>\n<ul>\n<li><span style=\"font-family: Arial, sans-serif; line-height: 1.5;\">If well-targeted and well-created, the newspaper ad ROI can run up to 240% (even accounted with gross spending).<\/span><\/li>\n<li><span style=\"font-family: Arial, sans-serif; line-height: 1.5;\">Of course, news sites can be effective, as well; beware that media campaigns should be well-targeted to perform above average.<\/span><\/li>\n<li><span style=\"font-family: Arial, sans-serif; line-height: 1.5;\">TV loses effectiveness after too many encounters. Newspapers, meanwhile, can deliver growing ROI when inserted three or four times per campaign.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">So news media can deliver an eminent ROI on short notice. But that is not the only achievement. Don\u2019t forget the campaign contributes also to a stronger reputation and that is a basis for future sales.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">In the course of this year, Cebuco expects to publish some eye-opening results and some long-term lessons for an effective (news media) campaign. Undoubtedly these findings will get to you through the familiar INMA channels.<\/span><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: Arial, sans-serif;\">In the meantime, be confident of the sales power your media have for your local advertisers.<\/span><\/p>\n<p>&nbsp;<br \/>\nBy\u00a0<span style=\"line-height: 1.5;\">Erik Grimm<\/span><br \/>\n<span style=\"line-height: 1.5;\">Source: \u00a0<\/span><a style=\"font-size: 8pt; line-height: 1.5;\" href=\"http:\/\/www.inma.org\/blogs\/research\/post.cfm\/do-advertisers-know-well-targeted-print-ads-can-increase-roi-240\">http:\/\/www.inma.org\/blogs\/research\/post.cfm\/<\/a><br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many news media are focused on new business models, profitability, and shareholders\u2019 value. But in this quest for innovation and continuity, we might overlook one of the major assets of the news media: it\u2019s advertisers\u2019 value. In tough economic times, with a critical look at diminishing advertising budgets, news media can still deliver excellent return [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":3577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75],"tags":[838,839,840,841,842,843,844,845,846,847],"class_list":["post-796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advertising","tag-business-models","tag-economic-times","tag-media-campaigns","tag-media-channels","tag-multi-media","tag-news-media","tag-newspaper-advertising","tag-print-ads","tag-return-on-investment","tag-uplift"],"acf":[],"_links":{"self":[{"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/posts\/796"}],"collection":[{"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/comments?post=796"}],"version-history":[{"count":0,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/posts\/796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/media\/3577"}],"wp:attachment":[{"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/media?parent=796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/categories?post=796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foru.co.id\/id\/wp-json\/wp\/v2\/tags?post=796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}