Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)
American School of Correspondence
Accounting; Business; Commerce
Practically all magazines, most newspapers, and some trade papers,
allow special discounts or commissions to advertising agencies--though
in the case of newspapers, in many cities, this discount applies only
to _foreign_ advertising, or that originating outside of the city of
publication.
An increasing number of advertisers are placing contracts for space
through the agencies, and relying largely on the advice of the agency
in the selection of mediums. Since the business of the largest and most
successful advertisers is placed through the agencies, it would seem to
be a safe rule to follow. But because an agency handles the orders, the
shrewd advertising manager will not relax in his watchfulness of his
employer's interests. He will maintain just as complete a rate file,
and watch the bills as closely as though dealing direct with publishers.
The experienced advertiser plans his campaigns well in advance, making
annual appropriations for all advertising. This enables the advertising
manager to select mediums, determine the amount to be used in each
class, and prepare suitable copy for the different publications.
This question of the preparation of copy for series of ads applies
especially to national campaigns and local advertising of a general
publicity nature. The advertising manager of a department store is
obliged to prepare newspaper copy daily, and at best can plan his copy
not more than two or three days in advance. In a national campaign
in which advertising is for direct returns, copy must be _tried out_
and its character changed frequently. This does not mean that, in any
case, the same copy should be run indefinitely; it should be changed in
practically every issue. While following the general style adopted for
the house, there should be something new in every issue--something that
will attract and cause the reader to look for the ad each month.
[Illustration: Fig. 13. Schedule of Monthly Insertions in Periodicals]
When the amount of the appropriation has been decided, a schedule of
the mediums to be used should be made. This schedule
should include the space to be used in each publication. Indeed,
the schedule of mediums and space that it is desired to use, often
determines the appropriation. For a general publicity campaign, this
schedule can be made absolute, but when the advertising is for direct
returns, it should be elastic. Mediums which do not pay after a fair
trial, should be dropped, and there should be room in the schedule for
mediums not at first included. Changed conditions may make it advisable
to add a medium which previously has been unprofitable.
[Illustration: Fig. 14. Order Blank Used for Ordering Insertions of
Advertising Copy]
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