How to Create a Successful Advertising Plan
Many factors have to be considered when making a merchant cash advance advertising plan. ----> Return to the Merchant Cash Advance Companies Main Page. Like the type of message to be delivered, the audience to be targeted, how they should be targeted, merchant cash advance budget, etc. all of which depends on the nature of the merchant cash advance advertisement.
Merchant cash advances help businesses access cash when they need it most. Regarding the type of message to be delivered, try thinking from the point of the merchant cash advance customer. What will impress him and catch his fancy. Note down points what the customer expects from the company and what advantage will he have when dealing with the company. Effort should be made to retain viewer or listener's or reader's interest in the advertisement until the end. This procedure is known as message selection.
Merchant Cash advance funding is typically available within a week of submitting the application. After creating the outline of the picture, pick lines that will actually attract the merchant cash advance customer. The message shouldn't be long enough to bore the customer. Some advertisers are under the illusion that more the matter written, the better the message delivered. Usually they fear that they don't miss out any information. This does nothing but decreases the effectiveness of the ad and customer is left unsatisfied.
For example, the heading of the advertisement shouldn't be just "We Sell Clothes", which is too precise. The liking of the people should be studied and the headline should be designed such that the customer feels that his needs are met. It should also take into consideration seasonal changes like If the season at that time is summer and there are lots of beaches around that area, the heading of the ad should be something like "Summer Clothes for Sale" or "Get the heat off – Buy Swimwear". The body of the advertisement should talk of the necessities to switch to summer clothes like cotton clothing. It should discuss the health point of view too, like cotton cannot be used as swimwear as it will cause contamination, therefore the swimwear is made of synthetic material. Also include lines about swimwear for overweight people.
A merchant cash advance is a safe approach to accessing cash. Ads are either traffic builder or relationship builders or reputation builder. Suppose the merchant cash advance budget involved is less, the target should be relationship builder. Because once the customers are established, they will start trusting the company and won't switch to other companies. According to a research it takes ten percent less resources to retain existing customers than attracting new customer. If the focus is on brand recognition, the advertisement should be traffic building.
The next point is whether the advertiser wants quick results or long lasting results. If quick result is desired, then a time limit should be levied. Like in case of seasonal sales, the customer hurries to get advantage before the offer is over. So quick results are expected in this case. But the disadvantage with advertisement with time limit is that the customer are bound to forget about the product or the merchant cash advance company within a short period and it doesn't creates a deep impact on the minds of the customer.
Competing against rival company's ad also contributes to a successful advertising plan. The power of the message should be compared to that of the competitors'. It doesn't mean that the advertiser should use the same plan like his competitor, it would look like imitation and effectiveness will be decreased. But the advertisement should be planned smartly via a different and effective path, to out-do the competitor's advertisement.
The description of the product is also very vital like suppose an merchant cash advance advertisement is made for a restaurant, it will get customers immediately, if it is attractive. But if the advertisement is for a computer, it won't yield immediate results, as it's not every day that someone buys a computer. This is called analysis of the purchase cycle.
If targeting for a higher impact, newsletter is the best bet. But if the newsletters are sent to the real potential merchant cash advance customers, then this approach should be adopted for message delivery. ----> Return to the Merchant Cash Advance Main Page. It should only be opted be after thorough analysis, no matter what the budget is. Another important point is to always hire a professional merchant cash advance advertiser or an ad writer because not hiring one will sometimes be more expensive and results in more losses.
Posted on: August 31, 2011 05:16 PM