Saturday, June 13, 2009

Creating Brand Awareness is Critical to Your Online Advertising Strategy

Brand advertising is only for big brands right? McDonald's, Coke, Apple... they pay for splashy ad banners on websites and billboards by the road side. Not to mention sexy TV ads. What about your online business? Guess what... you also need to invest in brand advertising. Surprised? Read on.

Spending all your advertising dollars on paid search (i.e., Google) to drive traffic to your website is crazy. Okay, maybe not crazy... but really, really expensive. That's why everyone tells you to search engine optimize (SEO) your website. That way your site will show up in "natural" search results when a prospect types in a keyword you care about. And that's huge since natural search clicks are free of charge!

But while most people click on sponsored listings based on ranking (that's why marketers splurge to get ranked number one), many will click on a natural search listing based on recognizing the brand. So brand awareness matters big time if you want to increase the likelihood that prospects will click on your search listing. This is especially true since research shows that people click on natural search listings more than 70% of the time!

Not convinced of the importance of brand awareness? Then let me say it another way: people are more likely to buy from a brand they've heard of.

Here are some ways to create brand awareness for your online business:

  • Issue press releases. Doesn't matter how big or small your company is. Let your prospects know when you have important news that they'll find compelling. And these days it's pretty easy and costs only $25 to $100 to issue a press release. Interested? Take a look at PR Newswire and 1888 Press Release to get started.
  • Run ad banner campaigns. Yes, buy ad banners! Banner advertising is a great way to generate brand awareness with your target prospects. And there are lots of ad networks and websites that cater to advertisers with limited marketing dollars to spend. For example, check out these ad networks: BuySellAds and AdBrite.
  • Publish content. Creating and publishing informative content is more important than ever in making prospects aware of you and your brand. So write articles, comment on blogs (create your own!), participate in online forums... and always mention your brand. Just be patient as it does take awhile. But before you know it you'll start to create brand awareness (and website traffic too!)
  • Leverage social media. There's a lot of buzz about Facebook, Twitter, YouTube... to name just a few social media sites. And whether or not you understand what these sites are all about... your business needs to participate. It really does. So invest the time to learn how social media can help you get the word out about your brand.

There's a lot to chew on here... so make sure and pace yourself. You don't need to do it all at once to start getting prospects to recognize your brand.

How about first doing a press release on that big customer you just landed? Meanwhile, get started running an ad banner campaign that really cements your brand in the mind of your target market. And get in the habit of commenting on blog sites you like to read. Then see who in your company (maybe you) likes to write and put them in charge of your website's blog. Next up is launching your website's Facebook page, Twitter account, and then some videos for YouTube.

As I said... there's a lot to do! The good news is that every step you take generates more brand awareness. Did I mention that prospects are more likely to buy from you if they're already familiar with your brand?

2 comments:

  1. Thanks, Carter, great points made. Particularly relevant for recessive times like these, during which advertising budgets are the first to get cut, and measurability and ROI determine marketing mix choices. You may also enjoy this related article: Advertise or die! The results of reduced advertising spend during recession
    http://www.marketinginsightstoday.com/archives/1223
    Thanks,
    Britta
    @Britta_SF

    ReplyDelete
  2. Britta,

    Thanks for the comment and totally agree... it's more important than ever to stay top of mind with your target market. They have less dollars to spend and therefore you want to be the brand they turn to. Or else...

    Carter

    ReplyDelete