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Q: Newspaper Advertising --- Cheap! ( Answered 5 out of 5 stars,   3 Comments )
Question  
Subject: Newspaper Advertising --- Cheap!
Category: Business and Money > Small Businesses
Asked by: nronronronro-ga
List Price: $25.00
Posted: 17 Jul 2004 20:08 PDT
Expires: 16 Aug 2004 20:08 PDT
Question ID: 375594
Hi There!

I need to advertsise (display ads, not classifieds) in newspapers. 
But I don't know what I am doing.  I found a web site
(www.mss-standby.com) which will place newspaper ads at 50%-80% off
retail.  Being a cheapskate, I was impressed !

Apparently, MSS specializes in "standby rates" or "remnant rates." 
When the newspaper is just a few hours from being printed, there are
often "holes" where additional ads can be placed.  If you (as the
small business advertiser) have your ad already at the paper and ready
to go, you get a huge discount.

The downside, of course, is that there is no guarantee your ad will
appear on any given day.

A 5-star answer would be one competitor to www.mss-standby.com plus 3
paragraphs on effective use of newspaper advertising.  The 3
paragraphs can be your opinion----no supporting documentation or web
sites required.

I am a stockbroker, so the newspaper ads in question would be related
to financial services.  I also have a partial interest in a dog
training business.  Your research might also help us advertise that
business.

All comments greatly appreciated.

Thanks!
ron

Clarification of Question by nronronronro-ga on 17 Jul 2004 21:32 PDT
Hi Again,

Just found this site:  www.mediabids.com
Looks kind of interesting.  I'm going to sleep.

Thanks again!
ron
Answer  
Subject: Re: Newspaper Advertising --- Cheap!
Answered By: larre-ga on 17 Jul 2004 22:13 PDT
Rated:5 out of 5 stars
 
Thanks for asking, Ron!

I've found you two MS-Standby competitors. Both appear legit, and
offer competitive discounts.


MediaBuy | America's Media Buying Club
-----------------------------------------------------------------------

"MediaBuys is America's fastest growing media buying discount club. We
offer substantial discounts on advertising space for our buying
members based on collective, volume purchasing.

Membership is FREE to media buyers."

MediaBuys.com 
http://www.mediabuys.com

I located the service through a press release, issued March, 2004 

MediaBuys.us becomes MediaBuys.com
http://www.prweb.com/releases/2004/3/prweb111462.php


STG Media | Remnant and Stand-by Rates
-----------------------------------------------------------------------

"STG Media offers daily Remnant and Standby rates to qualified
advertisers. These special rates are up to 90% off of rate card rates,
in over 2,000 leading regional and national Magazines, Tabloids,
Newspapers, Mailers and Free Standing Inserts."

You'll need to contact the company to find out if your businesses will
qualify for services. It appears they have a minimum 1/4 page, or
certain annual budget.

STG Media
http://www.stgmediacorp.com/remnant_and_standby_rates.html


Newspaper Display Advertising
----------------------------------------------------------------------

Display advertising in general is somewhat like real estate, location,
location, location. And it nearly always involves some trial and error
for the do-it-yourselfer.

Discount media buy services are an excellent tool to use to experiment
with an advertising campaign. It allows the advertiser (you) to gauge
the response to various copy/graphics without spending full price.
You'd note different responses for different days of the week, various
publications, and size of ad. You can afford a larger ad at the prices
you'd pay via this method. You'll need to track the campaign very
closely, note where on the page your advertising appears, what days,
and include some type of contact "tag" that'll tell you which
advertisement a customer is responding to. You'll need to change
wording slightly with each permutation. A direct advertising
copywriter/consultant can be an excellent investment.

Once you've found an ad venue and format that work well, it's time to
consider whether you wish to pay a higher price for sure placement.
You've refined your copy, know what days of the week are the most
advantageous, what position in the paper works best. You may find that
one or two precisely placed ads bring a much greater response rate
than many more ads scattered in different placements on various days.
If you've kept careful notes, you'll be able to make the cost
effective choices. If your advertising offer has date relevancy, you'd
want a guarantee of run dates. Specials obviously need to be
advertised while they're valid. :)

If you find that a particular newspaper's advertising works well for
you, inquire directly to their Advertising Department about remnant
and stand-by advertising. Discount rates may be available directly.
Also, most display advertising prices are negotiable. Sales reps will
often discount in the beginning to win a client.

Beyond the direct discount media buyers, another path to discounted
advertising is via an advertising agency. Agencies often receive
discount rates, based on volume, and can pass that savings along to
clients. You might find that a moderate agency fee for specified
placement is less than full rate, direct from the newspaper.


Further Resources
----------------------------------------------------------------------

One service turns the tables, allows media to bid on your advertising.
Might be something useful down the road.

MediaBids | Helps Find the Best Price on Advertising
http://www.mediabids.com/




Answer Strategy
----------------------------------------------------------------------

My advice is based on several years experience with display and
classified advertising at a major Southern California newspaper. I
hesitate to give "pinpoint" advice, because every media market is
different. The discount approach should afford you the best
opportunity to test your own markets, and build an effective
advertising program.

To locate MS-Standby competitors, I used Google Search Terms:

standby remnant advertising newspapers
discount "media buy" OR "media buying" newspapers


If you have any questions about the information or links provided,
please, feel free to ask. I'll be happy to clarify.

---larre
nronronronro-ga rated this answer:5 out of 5 stars
larre---absolutely terrific!

Thanks a million.
ron

Comments  
Subject: Re: Newspaper Advertising --- Cheap!
From: larre-ga on 18 Jul 2004 00:31 PDT
 
My pleasure. And thank you for the five star rating. ---l
Subject: Re: Newspaper Advertising --- Cheap!
From: voila-ga on 18 Jul 2004 07:40 PDT
 
So, gave up on us with the magazine stats Q, didja?   I took a look at
some of their ad rates ... yikes!  Anyway, these remaining links were
lolling on my hard drive in case you want to take a look.

Sorry to clutter up this question, Laare.  


Affluent Living Publications 

http://www.keyaccess.com
http://www.mediamanager.com/pdfs/guides/home1.pdf (Adobe
Required/mostly home related and with tons of contact info)
http://www.alpublications.com/pages/863254/index.htm

Top 100 magazines by circulation through Publishers Information Bureau
http://www.magazine.org/Circulation/circulation_trends_and_magazine_handbook/6210.cfm

MPA Guide to Advertisers (2004-2005)
http://www.magazine.org/content/Files/MPA_handbook_04.pdf (Adobe/many
pie charts and graphs)

Pinnacle Magazine
http://www.pinnaclemagazine.com

Gentry Magazine
http://www.18media.com/index.html

Trusts & Estates
http://trustsandestates.com/home/index.htm

Wealth 24 Mag Links
http://www.wealth24.com/jsp/index/jsp/category_class/wealth%20management/category_class_value/newsmedia.htm

You might also find some leads through the Fox Exchange.  Here's their
home page and resource page:
http://www.foxexchange.com/public/fox/welcome/index.asp
http://www.foxexchange.com/public/fox/resource_center/websubcat.asp?webcatid=7

Good luck! 
* V *
Subject: Re: Newspaper Advertising --- Cheap!
From: nronronronro-ga on 18 Jul 2004 19:19 PDT
 
voila----you are The Best !   Thank you so much for taking the time.
I promise you another question soon.  You are grrreat !

ron

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