Ezine advertising has been
glorified by experts the world over as
the last refuge for the little guy/gal to make a buck online.
Well,
I hate to deliver bad news, and please don't shoot the messenger,
but there are some draw backs to ezine advertising and many
of the
Inner Sanctum E-Letter subscribers are making them daily.
Let's look at the most common mistakes and their solutions.
Mistake #1: Not Tracking Your ads.
Many business owners have no idea how they can track every
ad they
place. Whether for an affiliate program or their own product,
they
just don't know. Not knowing what ad is working and producing
the
sale will cost you and your business thousands of dollars.
When you
know what ad produces and what ad doesn't you can cut the
worst of
the ads and only keep the ad/s which is producing for your
business.
>>Solution:<< If
you own your own website and domain name, you can track
every ad by creating a special redirect link that is only
used in that ad. Or you can add a question mark to the end
of the URL and check that on your stats page.
A simple, http://www.yourdomainname.com/pagename.html?trackingcodehere
will suffice in most cases. Check with your web host to
see if have
access to your web site stats log. Or sign up for one of
the free/fee
tracking services online.
Mistake #2: Writing me-too ads.
When writing your ad you must take your ego, your desire
to boast
about you and your company, out of the equation. An example
of a
me-too ad:
"Acme Law Offices have been in business for 20 years.
Our staff of
lawyers all graduated from Harvard Law School with honors.
Call us
at 1-800-acme-law today!"
>>Solution:<< Write
benefit and results oriented ads. Example: "Guaranteed
Settlements! Win your settlement guaranteed and save 43%
on attorney fees by calling ACME Law Offices at: (blah,blah,
blah)" This ad focuses completely on the end result,
the main benefit. Guaranteed Settlements. Which ad do you
think would pull more responses?
Mistake #3: Running Classifieds.
Since they don't cost much, business owners tend to use
classifieds
to save costs. Classifieds are cheap, $5-$20 per ad, and
in most
cases run faster than solo or top sponosor ads because the
ezine
publisher runs 10-20 per issue.
What's not so commonly known is the fact classified sections
are often times scanned by the reader (I scan past them
every time)
and get very little eye time.
>>Solution:<<
Run Solo or Top sponsor ads. These ads get more exposure.
They are exclusive (solo mailings) or only have 2-3 (sponsor
ads) per issue spaced out between the content.
Mistake #4: Going for large subscriber
bases.
Large subscriber stats
are impressive. 30,000 subscribers is a ton of eye balls
and the potential to return a profit is greatly increased.
Well, this is completely untrue.
A recent test we ran took our breath away. We spent $180
on a solo
ad to a subscriber base in a general marketing publication
of
30,000 subscribers. We ran that same solo ad for $65 in
an ezine
about pop-up marketing strategies with a subscriber base
of 1200.
Ad #1 to 30,000+ brought back $0!
Ad#2 to 1200 specifically targeted subscribers brought
back
$900 in pure profit!
>>Soltuion:<<
While tons of subscribers may seem like the right way to
go, before you invest money, check out smaller, highly targeted
ezines and test your ads in those. You'll save money and
odds are your returns will be greater.
Mistake #5: Running your ad once.
When I first started advertising ezines I would run one
ad one
time, if it didn't produce results I would switch ezines
and run
the ad again. This was I tested the ad. Many business owners
are
doing the same thing today. By running the ad only once,
you're
cutting your chances to profit in half.
By running it 2-3-4 times, even if the first run didn't
make a
profit gives your ad more exposure, readers will "think"
it's
producing because you ran it more than one time, therefore
other
subscribers must have thought it was worth looking at helping
your ad produce.
>>Solution:<< Run
every ad at least twice. Then instead of switching ezines,
switch ads. Run that ad twice. Do this with all your ads.
You'll be suprised to find the ezine actually produces profits
for another ad and not another. So now you can run that
ad 4-5-6 times and squeeze more profits from the ezine.
Ezine advertising is profitable. It takes testing, tracking,
solo
or top sponsor placments and more testing to pin point ezines
with
high sales ratio's. Don't give up on the ezine just because
a
successful ad from another test didn't work. Place another
ad,
test it, test another and so on.
All you need is 5-10 profitable ezines and you'll increase
sales
and profits for your business
|