Using Research Results to Make Ad Sales
Posted on Wednesday, June 30, 2021 at 5:35 PM
Survey your readers about the usefulness of your publication, and of
your competitors’ publications, and use the results to win over
advertisers.
By William Dunkerley
The role of
audience research in the advertising sales process is simple: to collect
information about your publication that will facilitate closing sales.
That may seem obvious. But not all publications have that in focus when
they design a research program. They miss the mark.
Hitting
the Mark
What is the mark? Actually, there are several marks.
Let's look at them one at a time:
1. You need data in order to do
a self-assessment. It is important to find out how good your publication
is as a vehicle for advertising. Will ads in your publication pay off
for the advertisers? Research data may tell you that your publication is
in good shape for that, or you may discover deficiencies that will be
important to address to increase your attractiveness to advertisers.
2.
How well does your publication compete with others in making ads pay off
for the advertisers? There are multiple facets to that. You may be
running behind in some areas while excelling in others. It is important
to have evidence of areas in which you are superior so you can highlight
them to your advertiser prospects.
3. Is your publication well
received by its audience? How does it fare compared to your competitors?
Positive results here can help make your publication look like a better
choice among competitors.
To provide practical examples I'll use
a fictitious magazine called "Solar Business Insider," a B2B monthly
serving those who have various roles in that industry.
SBI has
four primary competitors (also fictitious): "All About Solar Business,"
"Solar Business Success," "Alternative Energy Future," and "Off the Grid
Business."
Now let's design a research project for SBI. The
subjects of the survey will be readers of SBI. The best mode of
questioning readers will depend on the nature of information you have on
your readership. If you have postal addresses, sending a questionnaire
through the mail is an option. If you have only email addresses, you
will have to use that list. The latter approach would provide the
fastest results.
It would be desirable for you not to be
identified as the conductor of the research to avoid biasing results.
The questionnaire should be identified as coming from someone or some
firm that is "conducting research in the solar field." A PR company,
consultant, or university could collaborate with you on this. Responses
from questionnaire recipients should likewise not be directed to you.
Request that recipients respond anonymously.
We won't go into
questionnaire design here. Instead I'll illustrate a few of the kinds of
questions that usually yield useful results.
Questions to Ask
1.
What publications have you read for detailed information about solar?
(List
each publication, including yours.)
2. Which publication is your
first choice for detailed information about solar?
(List each
publication, including yours.)
3. When it comes to making
solar-related purchases for your business, do you:
--Make the
decisions yourself
--Participate in the decision making
--Make
recommendations
--Provide input or information
--Play no role
4.
Which publication does the best job of giving you information helpful in
making your judgments regarding purchasing?
(List each
publication, including yours.)
5. Have you ever responded to an
ad in ... ?
(List each publication, including yours.)
6.
What is your approximate annual solar business volume?
(List five
ranges appropriate to your field.)
7. Which publication do you
enjoy reading the most?
(List each publication, including yours.)
8.
Please rank from 1 to 7 (using each number only once, with 1 being the
highest ranking) the type of articles that interest you the most:
--Solar
technology
--How to promote or merchandise products or services
--New
products
--Industry controversy
--Sales data
--Regulatory issues
--Business
trends
9. Which publication is your best source for information
about:
--Solar technology
(List each publication, including
yours.)
--How to promote or merchandise products or services
(List
each publication, including yours.)
--New products
(List each
publication, including yours.)
--Industry controversy
(List
each publication, including yours.)
--Sales data
(List each
publication, including yours.)
--Regulatory issues
(List each
publication, including yours.)
--Business trends
(List each
publication, including yours.)
The foregoing questions are
offered just for illustrative purposes; the questions appropriate for
your publication won’t necessarily resemble these. There are many other
areas that you could include.
The next step is to consider what
to do with your survey results. We'll look into that next time.
William
Dunkerley is principal of William Dunkerley Publishing Consultants, www.publishinghelp.com.
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