Mind Your Business and Know Where You Are Going by Gary E. Layton
Gary Layton
Gary Layton is co-owner of PathTrax.com. By providing their users
the ability to measure and track results connected to a specific
ad or advertising media, PathTrax is helping small businesses
expand the profits in their bottom line. PathTrax delivers
flexible tracking URL's to track Who, Where, When, How Many?
All for only pennies per day. http://PathTrax.com/x.pl/GL121,1
You work your tail off. Formulate business, promotional and advertising plans and do your level best to follow those plans. Unfortunately this is not enough. You must find a way to test the effectiveness of these plans and programs as you go along.
To do this you must have a means to obtain feedback from consumers plus the means to test the effectiveness of your advertising.
A sad truth in advertising is that some ads appeal to some people and some to others. The same holds true for the advertising media selected to get your message out to the world. A killer ad for one segment of the market is a dud for another. That’s just the way it is. Big Corporations spend millions in the never ending quest to find what type of ad and what media is best for them.
Most of us do not possess the millions to waste money trying to find the ’don’t miss’ ads and the proper media. We must proceed within the financial capabilities we have. We cannot afford to waste money on advertising which is not effective for our purpose. Small business people offline or online are
faced with some tough problems in their advertising programs. There is never enough money available to do everything that needs to be done. This being the case we must be careful in what we do and when we do it.
We can help ourselves by learning the basics of writing good ads and doing some simple research to discover what specific media appears to be most effective, at the moment, for businesses like our own. The data is there it just takes a little time and research to discover it. OK, fine we have
done our research and are satisfied that we can produce effective ads and know the media we wish to use. What now? Remember we don’t have a whole lot of money available so we want to get the biggest bang for the buck that we can.
Well, if it were me I would look for a program through which I could visibly see the results of my advertising. If I placed an ad, I would wish to be able to see what the exact response to that ad has been. I would want to know who saw the ad? When?
How? Then I can measure the effectiveness of the ad by the actual response of the viewers. How many viewers actually asked for more information or purchased my product or service based on the ad they viewed? Pretty strong stuff is it not? This is exactly the type information you need to judge the effectiveness of your advertising.
Would you believe that programs exist on the net, now, which can actually do this for you? This is true for all online media. Just go to your browser and search for ’Ad Trackers’.
What you must look for is a system which is fully automated, easy for the user to work, and one that in fact does furnish all the basic data you need to determine the effectiveness of you ads. Some systems are better than others and they all cost money. You must carefully examine the benefits you receive
compared to the costs involved. You have more than likely spent money placing your ads and now you are spending money to track how well these ads are bringing in customers. You must make the
judgment here. Only you can judge where these activities are taking you.
It makes sense that money considerations dictate that you start something like this on a small scale. One or two ads on one or two media so you may learn first hand what is working and what is not. We must throw away any pride of authorship regarding the ad copy we write. The only important criteria here is that
the ad works or does not work. If it works you use it more widely and keep using it until it loses it’s effectiveness. You keep this process going on a constant basis, exploiting effective ads and replacing bad ads. And you do it based on the factual data you gain from whatever ad tracking system you employ.
For those of us who are really serious about making a success of our own business it makes a lot of sense to be able to know what our advertising is doing for us. Not only that but we need to identify the ever changing audience out there so we may change directions as we may need to. Tracking your ads
is a key to this capability. None of us can afford the
millions the large Corporations spend for this purpose but we have to dig in our pocket and somehow find the money to purchase one of these affordable ad tracking systems.
Such an action is critical if you are going to successfully compete for business on the Internet. Some would say that your survival counts on it.
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