2seaoat wrote:I just had to run some ads. I normally stick to google ad words. About 300 a month brings in about 1000 a month new business which will repeat next year. It targets somebody. Say my business was sewing machines. I can put in KEYWORDS like Pensacola, Navarre, Milton, and Pace. When somebody searches for sewing machines, milton, the ad pops up next to other listings. We have found that these targeted ads bring new customers.
One business just had a special for its 10th anniversary. We decided to run some TV ads in a 30 second format. For Four hundred dollars we ran the ads between 5:30 am and 7:00 am Monday through Friday. We also ran a half page ad on a Wed. in the local newspaper for 450 dollars. The results were absolutely nothing from the TV or Newspaper. However, our usual google ad words brought about 20 new customers this weekend.
The truth of the matter is that the local newspaper is not a very effective ad method. It works for real estate and automobiles. However, the business which is specialized has 99 percent of people who look at the newspaper who have no interest in your ad, but a google ad word only gets folks who are interested. The PNJ in order to survive needed to meld the online version and print version to bring specific ads to neighborhoods. However, the Ganett folks gutted the PNJ and the forums. Without ad revenue a newspaper cannot survive.
For hundreds of years, newspapers of one form or another, have "ruled". When the internet came along, newspapers and their editors looked down their nose at the media. By the time they realized what was happening, it was to late.
Any advertising done today by real estate companies in the newspaper or the Homes magazines is strictly for the satisfaction of the Seller. I quit them both several years ago.
A little more than 10 years ago I contracted with a highly recommended company that specialized in real estate sites. I wasn't highly optimistic although I knew I had to keep up with the competition. Once it was up and running, with all my listings and an advertised link to all the MLS systems in the State, I was stunned by the number of "hits" and the number of those who went to several pages. It pays for itself every month. The initial set up was expensive, the monthly fee reasonable and they link all my listings with all the major real estate web sites.
Newspapers seem to have been bent on self destruction. Many of them have put up pay walls and that only seems to provide temporary relief since their content, as you said, drops to what is now little more than an advertising flyer.