Push vs. Pull Advertising -
Understand the Consequences for your Product or Service
You will save yourself a considerable amount of time and
money if you first determine your product’s (or service’s)
suitability for "pull" and "push" advertising.
Pull advertising is geared to draw visitors to your website
when they are actively seeking your product or service.
Prime examples of pull advertising are search engine optimization,
cost per click search engines, directory listings, yellow
page ads, and shopping portals such as mySimon and DealTime.
Push advertising refers to all efforts to get the word
out to an entire group of potential customers in order to
hit the few that many be currently interested in your product
or service. Most traditional offline advertising efforts
(magazine, billboard, newspaper, tv, classifieds, etc) as
well as online banners ads and email broadcasts are considered
push marketing.
Understanding which approach is best suited for your product
should become the cornerstone of your advertising strategy.
Take as an example the results of our wine accessories
company (not wine, but accessories like corkscrews and wine
glasses). Each of our push advertising efforts failed. We
have tried ads in targeted magazine, opt-in email campaigns,
banner campaigns at wine industry websites, ads in gourmet
website newsletters, you name it. We have yet to receive
a response (measured in customer orders) to justify the
cost.
It all comes down to the fact that as much as we would
like to think so, people don't really need $50 Austrian
crystal wine glasses. There are simply too many product
and vendor substitutes to command the purchase of even avid
wine drinkers.
Pull advertising, on the other hand, has been extremely
effective at acquiring profitable traffic. When someone
does a search online for terms such as “wine decanters”
we have found that these people are ready and willing to
spend money the very first time they visit our site.
If you are fortunate enough to sell a product or service
that falls into the ‘need’ or ‘unique’
category you may be able to take advantage of all of the
push and pull media outlets available to your industry.
Your job will be to simply find which advertising channels
offer you the best return on investment.
Be realistic and objective about your product. In order
for small company push marketing to be effective you must
be selling either a universally desired or a truly unique
product.
Is your product or service so desired or unique that by
simply introducing it to your audience you will be able
to acquire a sale? If not, you should work to maximize your
exposure in every single pull advertising vehicle. You may
grow a little slower than you would prefer, but slow profitable
growth is always better than going out of business while
waiting for an ad campaign to pay off. |