While there are businesses who make products aimed at a wide audience, there are many more who fall into what is best described as a niche category. Those businesses tend to have a very devoted customer base. However, finding those customers can be a challenge.
Pros and cons with advertising on a niche magazine and publication
Pros and cons with advertising on a niche
magazine and publication
Watson F
Writes on ad server software, involved with Adspeed
ad serving/ Adspeed adserver software.
While there are businesses who make products aimed at a wide
audience, there are many more who fall into what is best described as a
niche category. Those businesses tend to have a very devoted customer
base. However, finding those customers can be a challenge. Niche
businesses really need to be careful with their advertising budget
because it’s important to spend a limited budget in places where a good
return is all but guaranteed. Niche magazines and online publications
are certainly one way to go, so let’s look at the potential pros and cons
of this type of advertising.
Reach a highly targeted audience
The people who purchase or subscribe to niche publications do so with
the express purpose of learning and exploring more about the specific
subject that they are interested in. This includes looking for businesses
who can supply them with the products they need to furnish their hobby
or interest. Rather than hoping to find people interested in your ads,
niche magazines deliver people who already share the same passion and
are willing to spend.
Benefit local businesses
In many cases, niche businesses tend to be smaller in scale, which
means that they very often operate locally, as opposed to doing
business on a global scale. Niche publications also operate in the same
way in that they have local subscribers, which is great news for those
businesses looking for customers close to home.
Have higher ad rates
You might reason that a smaller niche publication may offer lower ad
rates than larger generic sites because of a smaller reach. However, that
might not be the case because of the highly targeted audience. If you
are looking to run ads in niche publications, you can expect to pay
higher ad rates, but that may not necessarily be a bad thing. As we
already explained, you will be getting access to a highly targeted
audience, which in turn means that you should still experience a very
positive ROI, perhaps even better than going with a generic publication.
Build a direct relationship with the publisher
Marketing might be a number business, especially without the face to
face meetings of the online world, but that is different when it comes to
niche publications. In many cases, you will be able to develop a direct
business relationship with the publisher, a relationship that almost
always benefits both parties. The longer you advertise with the
publication, which assumes you found a good fit and are seeing positive
results, the more likely it is that you will begin to get better ad rates and
deals.
Offer limited audience and exposure
The biggest downside in going with a niche publication is that you are
not going to get a great deal of exposure with your ads, which means
reaching a limited audience. If you are fine with staying local then this is
the perfect way to go. However, ad serving on niche publications alone
is not recommended for businesses looking to expand rapidly and rush
in a wealth of new customers. It’s always a good idea to combine
multiple channels and sources for your ads and to talk to publishers
about their reach and results of previous ad campaigns that they have
hosted before.
About Adspeed
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