splitheaven.com splitheaven.com
  Main Page :> About Us :> Add Url :> Security & Privacy :> Terms & Conditions :> Add Article
Search:   
Free links exchange
 

Health & Hygiene

People & Society

Online & Board Games

News & Media

Creative Arts

Law & Politics

Medical Care

Home & Garden

Investment & Finance

Music & Entertainment

Jobs & Careers

Cooking & Drinking

Science & Research

Internet & Computers

Adventure & Sports

Education & Reference

Hotels & Travel

Relationship & Lifestyle

Vehicles & Automotive

Children & Teens

Property & Estate

Self Management

Business & Companies

Malls & Shopping

 

Main Page –› Business & Companies –› Public Relation Firms
 

Advertising Is Dead. Long Live PR

 
Author: Harry Hoover
 

Although I still believe there is a place for advertising as a brand maintenance or brand affirmation tool, I am convinced that to build a brand today, you need PR. At one time advertising did build brands. But this was in a simpler America. That America, sadly, is no more.

Ive been re-reading The Fall Of Advertising & The Rise Of PR, by Al and Laura Ries, and it is their book that has moved me from suspicion of advertisings demise as a brand-builder to conviction.

As the Ries say, Publicity is the nail, advertising is the hammer. What does this mean? It means that your PR effort helps make your message believable so that your advertising will have credibility when it hits.

Typically, companies want to hit the market hard and make a lot of noise. Advertising allows you to launch quickly, control the message, and have your message in as many media as you have the money for. However, that does not mean your message will be believed. The louder advertisers yell, the less likely I am to believe them. How about you?

PR takes time and does not necessarily work on your schedule. Planting new ideas or changing minds is a slow process. When your PR program rolls out over a longer period of time, prospects have time to adjust their attitudes. Brands that take this approach are longer lasting, too.

Chevrolet, for years the number one auto brand, was still number one in ad spending in 2001. It spent $819 million dollars 39 percent more than Ford spent. That year, Ford outsoldevrolet by 33 percent. Since 1997, Chevrolet has outspent and undersold Ford. Chevrolet spends $314 per vehicle and Ford spends $170 per vehicle. Do you think advertising is working for Chevrolet?

Kmart, embroiled in financial difficulty for years, had revenues of $37 billion and spent $542 million on US advertising in 2001. Wal-Mart spent $498 million and garnered four times the revenue: $159 billion split between its Wal-Mart and Sams Club stores. The average Wal-Mart store does $46 million in sales each year while its Sams Club average store sells $56 million. Sams Club does almost no advertising.

Those are old brands, youre saying. What about some newer brands, Harry?

OK, lets look at Pets.com. Remember the dog sock puppet that starred in their commercials? It won awards, but not sales. In six months Pets.com had $22 million in revenues and spent four times that much on advertising. Off-base advertising creativity at work.

The Body Shop was built totally by publicity. No advertising at all. Starbucks, until recently, did virtually no advertising. It has built a brand through good PR efforts. Starbucks annual sales are around $1.3 billion, while advertising expenditures over 10 years, have totaled less than $10 million.

Finally, what advertising agency do you know that has built its brand with ads? Things that make you go hmm.

 
 
 

Related Articles

 
How to Critique Your Own Yellow Page Ad
 
Flea Markets - Excellent Venue For Vending Carts & Food Concession Operators
 
Come On Down - Are Your Prices Right?
 
Creating An Automotive Theme Garage Or Office
 
What Hamburger University Has To Do With Your MLM Business
 
Marketing - It's All in the Packaging!
 
Online Greeting Cards ! Free Or Paid
 
Lead Generation Sins - 7 Of Them!
 
Managing Marketing Results to Achieve Victory
 
How to Get More New Clients. Quickly. Easily. With No Cold Calling
 
 
 
Main Page :> Security & Privacy :> Terms & Conditions  
Copyright © 2006-2008 www.splitheaven.com - All Rights Reserved.