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When you have a new idea for a product or service to sell to schools, or when you find that a product or service that has been running for a few years but is now failing to bring in the sales, you need to be looking at two main issues.
One is the advertising, and the other is the offer.
Let me explain briefly by what I mean by “the offer”. Imagine you have a series of books for sale – you might offer them individually at any one of a number of prices, or you might offer them as a collection. You could offer them in print or as downloads. You could offer them as a unique contribution to the topic, or as a low-cost option. You could offer them on subscription. You could offer them as photocopy masters or copyright protected. You could even offer them online, free of charge, aim to get a big audience to your site and then sell advertising space rather than selling the product at all.
How you construct your offer is based on a set of beliefs and views, which may or may not be well-founded. Unfortunately many companies only start considering whether the offer is a viable one or not when the advertising fails to get the results desired. But in fact it can be cheaper to consider the offer itself very early on. After all, others may have trod the road you are going down, and we may already have experience of the viability of a particular approach.
Thus where one does not consider the offer, in isolation from the advertising, what one can get is a situation in which a number of adverts are sent out, and none of them get much response. It is not until later that we get the agreement of the client to look at the offer – and only then do we discover through research where the problem is.
Research of course isn’t everything – but it can be useful. For example in one case our client was insistent that his software was unique in solving a particular problem. We wrote the adverts based on this notion, and the adverts failed. Later, when the client agreed to a little research, we asked teachers, “if you are faced with problem X what software do you use?” Many teachers replied, and most gave us the name of one of three brands of software.
Our client then protested that those programs “were not the same thing at all”, to which we replied, “the teachers think they are.” Between us we were able to resolve the matter and create completely different adverts which worked based on a completely different model of what was on offer.
Problems like this can relate to the pricing approach (ranging from free to an expensive long term commitment), or to who is going to authorise the purchase – and that’s all before we get to the notion of how the advert is written.
Unfortunately not only do some firms get the offer wrong, they then jump from one offer to another, still without research and planning, perhaps influenced by a couple of teachers who have said, “I’d buy that” (or the reverse.) In my experience it rarely works well just asking a few people.
The solution, when things are not working well, or when a new product or service is being launched, is to look at the offer as much as one looks at the advertising. It is something that exists within the Velocity programme – while some clients want us to get going with the advertising as soon as they sign up with us, others do give us a short while to consider the offer and debate it with them – and this can often lead to better advertising in the long run.
There’s more on Velocity at www.velocity.ac or please do call 01536 399 000 and ask for a member of the Velocity Team if you would like to discuss this further.
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