Why are you Advertising for your Competitor?
By Steve Fradkin, President
The Wizard of Adz
The Wizard of Adz
- An ad in the Boston Globe reads “Give the Gift of Dance!”
- A radio spot for a car dealer sings the praises of the new Ford Five-Hundred.
- A TV spot tells you that aspirin can save your life in the event of a heart attack.
What’s wrong with these ads?
What do they have in common — and why should you avoid doing what they
do in your ads?
In each case, the advertisement is selling “primary demand”
— that is, demand for the generic product rather than the specific source for
that product. In each case, assuming the
message is convincing, the buyer may go to any of several sources to make the
purchase.
- Giving the gift of dance may convince you to buy a gift certificate for dance lessons, but will you go to Arthur Murray, Fred Astair or another dance studio. Will you go to the specific outlet advertised, or to another franchisee?
- The same is true for the car commercial. You may decide to buy the Ford, but you have loads of Ford dealers from which to choose.
- And even if you decide to buy aspirins to have on hand in case of chest pains, whose will you buy?
The wrong strategy
In most cases — and almost certainly in your case —
promoting primary demand is a wrong strategy.
You will probably end up sending more business to your competitors than
to you. If I ran an ad simply convincing
people to advertise, there’s a pretty good chance that those folks I convince
will end up calling one of the scads of services and/or media to do their
graphics. On the other hand, if I give
people a reason to call me — for example citing how we concentrate on
developing sound advertising strategies — then those I convince will be more
likely to contact my company.
The exception
The exception is when you are far and away the industry
leader. If you’re Bayer, and most of the
aspirin sold is your brand, it’s OK to sell the benefits of aspirin. Most of the folks you convince will, in fact,
buy your brand. If you’re Campbell’s
(“Soup is good food”) or Kodak (“A Kodak moment”), you can sell the benefits of
your generic product. But if you’re
Lipton’s or Agfa, you’d better tell people about the specific benefits of your
brand.
The same holds true of franchises and dealerships. Hype GE dishwashers or Pampers and you’ll
send customers to anyone who carries those brands. But tell people why your store is the place
to buy GE dishwashers or Pampers (benefits like open 24 hours a day, or lowest
prices in the area, or most knowledgeable staff) and you’ll win customers.
Bring your strategy into focus
The Wizard of Adz specializes in developing IN-FOCUS
ADVERTISING STRATEGIES. Part of that
process is working with you to define the unique aspects of your business — to
separate you from your competition — and then to creatively and convincingly
convey that message to your specific target audience. Give us a call at 781-821-1818 to see several
examples of how we’ve done this for our clients, and to tell you about the
spectacular results they’ve received.
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