4. Our Foundation: Research
Determining how much local advertisers actually spend is extremely
difficult but incredibly important in this time of shifting ad dollars.
We do it better than anyone else.
5. Research Components
Advertisers
Spending: Database of 15 million companies
Receipts: Database of 5,200 online media companies
Verification & Forecasting: Panel of 10,000+ businesses
Consumers
Scarborough, Claritas
Ongoing surveys of web users
7. A Great Retailer Once Said…
www.borrellassociates.com
“Half the money I spend on
advertising is wasted.
Trouble is, I don’t know
which half."
John Wanamaker
1838-1922
8. Historic Trends
Big-Pictureskeptical of ROI
Trends
www.borrellassociates.com
Advertisers always
Omnipresent cycle of “new media” disruptions
New media peels growth away from old media…
…And never kills off its primary competitor
9. Media’s Disruptive History
Micro Trends
www.borrellassociates.com
Radio advertising: 1920
Television advertising: 1950 (30 years)
Cable advertising: 1980 (30 years)
Internet advertising: 1995 (17 years)
Mobile advertising: 2010 (15 years)
17. Current Use of Social Sites by U.S. (SMBs)
Q: Does your company maintain a Social Network site or page?
www.borrellassociates.com
Have
Source: Borrell 2011 SMB Survey, as of August, 2011 N=4,271
18. Spending Intent for Online Ad Categories
Q: On which types of online advertising do you expect to spend money in [the coming year]?
www.borrellassociates.com
Source: Borrell Inc. 2011 SMB Survey, as of August, 2011 N=4271
19. Metrics for Measuring Success
Q: How do you measure the success of social marketing programs you have attempted?
www.borrellassociates.com
Which are your key metrics?
Source: Borrell Associates SMB Study, Jan-Aug. 2011 N=4271
32. Recommendations
For local marketers, find an expert
For agencies & media, become an expert
Think social, not Amway
Think frequency, not reach
Use a package of products, not just one
33. Speakers from:
Valpak
Placecast
Gannett
Gray TV
McClatchy
AT&T
Yellow Pages Group
Deseret Media
Yahoo
CBS Local
Yodle
Centro
Morris Comm.
Mobile Mktg. Assoc.
And 30+ more speakers!
36. Thank you!
Gordon Borrell, CEO
Phone: 757-221-6641
Email: gborrell@borrellassociates.com
Twitter: goborrell
Download this presentation at
www.borrellassociates.com/keylargo
Notas del editor
The agency approach is important for two reasons. First, look at these numbers. The average SMB now gets 25 sales pitches per month and takes only 7 of them. So it’s getting harder and harder to get in the door – especially if you’re just pushing one product. You pretty much need a wedge – a gimmick to get in the door, and we think that hook is what we call the agency approach. Why is that important?