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145Chapter 10: Mastering Advertising Basics and Media Planning

      such as fold-out pages, fragrance chips, and sound devices — most of
      which cost a small fortune in return for the hope of making a big impact.
      But even without the razzmatazz, well-designed magazine ads can stop
      readers with near-perfect presentations of show-stopping photos, along
      with lengthy copy (if appropriate) and reply cards to prompt responses.

  ߜ Long life span: People read magazines at a relaxed pace during leisure
      hours. Then they often keep issues or pass them along to others.

Magazine advertising does have its drawbacks:

  ߜ High production and placement costs: A full-page, full-color consumer
      magazine ad can run into tens of thousands of dollars. Although you can
      cut costs by placing only in a regional edition, you still need to invest in
      quality design, photography, and production to create an ad capable of
      competing in the upscale magazine environment. For advertisers with
      limited resources, large-circulation consumer magazines are rarely a
      cost-effective way to reach prospects, although they are a powerful way
      to establish awareness and build credibility.

  ߜ Unpredictable response schedule: Count on magazines for long-term
      awareness and interest rather than for immediate response. Magazines
      land in mailboxes and on newsstands over a several-week period and
      may not be opened or read for weeks after that.

  ߜ Long lead times: Magazine ad placement commitments are usually
      required months before the magazine actually reaches the consumer.

Directories

The most visible directory is the Yellow Pages. There’s an old saying that
“Small businesses are the Yellow Pages,” because small businesses place the
majority of all ads in the phone directory. Directories offer these advantages:

  ߜ Action-oriented readers: Directories reach people when they’re ready
      to buy or at least ready to get information leading to a buying decision.

  ߜ Credibility: If a business is listed in a directory, readers assume that the
      company is established in the marketplace.

  ߜ Low production costs: A simple ad lasts a full year.

Here are the drawbacks of directory advertising:

  ߜ An overwhelming number of categories: Deciding where to list an ad
      can be a difficult and expensive proposition.

  ߜ Competing directories: New phone books seem to pop up constantly,
      and even the stalwart directories are breaking into subdirectories that
      compound advertiser costs and decisions.
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