Re: SUPERBOWL ADVERTISING: Is a Five Million Dollar ad in The Superbowl worth it?
Is a Five Million Dollar ad in the Superbowl worth it? And...What is the best way to determine the best way to spend your advertising budget? This is about some easy-to-use advertising math that can help all kinds of businesses make a lot more money!
"Every business has their own way of determining the best way to spend their advertising budget, and a lot of those decisions may also be extremely subjective, especially when you are deciding whether to spend about $5,000,000 or more on a Super Bowl ad versus so many other ways to spend that same advertising money, " says Robert Barrows, President of an advertising agency called R.M. Barrows Advertising and Public Relations in San Mateo, California.
"And one of the big questions to ask about even being able to even consider running an ad in the Superbowl (at the national price or whatever price it may be going for on the local radio or TV station that will be carrying the game on February 4th) is how big is your total advertising budget to begin with?
And then, some of the advertising questions are:
1) Is the ad in the Super Bowl worth it?
2) Is the Superbowl the best way to spend that advertising money?
3) Are you willing to roll the dice on that costly an ad?
4) Is your advertising copy strong enough to produce the kind of sales that you would be hoping for from that kind of spending?
5) And, how would you spend that same amount of advertising money if you didn't spend it on one thirty-second ad in the Superbowl?
6) Plus, how much advertising could a company buy if they decided to spend that same $5,000,000 on advertising with your company?
7) Plus, what is the best way to determine the best way to spend your advertising budget to begin with?
The answers to these kinds of questions may be different for each and every business, but now there is some easy-to-use advertising math that can help businesses of all kinds make a lot of these kinds of advertising decisions with a lot less risk.
The math is called "The Barrows Popularity Factor." It was developed by Robert Barrows, President of an advertising agency called R.M. Barrows Advertising and Public Relations in San Mateo, California.
"'The Barrows Popularity Factor' is a very simple equation that actually lets you QUANTIFY the relationship between your advertising and sales," says Barrows, and this math can help all kinds of businesses make a lot more money."
THE REASON THE MATH WORKS SO WELL IS VERY SIMPLE:
"The Barrows Popularity Factor" reduces the relationship between advertising and sales to its lowest possible common denominator...namely:
In mathematical terms, the formula looks like this:
The Barrows Popularity Factor = How much did you sell? (in units) divided by/ How much did you advertise? (in gross impressions)
The answer you get is a rate of return on gross impressions. (Gross impressions is the number of ads multiplied by the audience per ad.)
"Once you quantify your rate of return on gross impressions, then you can start using some additional math to help you determine the best way to spend your advertising budget," according to Barrows.
"The math will give you more of the information you need to make key marketing decisions with far less risk, he says, and businesses of all kinds can start using the math to help them increase their sales, increase their profit and decrease their risk."
"So, whether you are trying to figure out if you should even consider running an ad in the Superbowl, or whether you are trying to plan your advertising budget for the next few weeks, the next few months, or for the entire year, the best place to start is to start quantifying the effectiveness of your past and current advertising with the math in 'The Barrows Popularity Factor.' It will give you more of the information you need to make key advertising and marketing decisions, and it can help all kinds of companies make a lot more money starting immediately."
The math and how to use it are explained in a booklet called "The Barrows Popularity Factor" which you can download for $4.95 at www.barrows.com.
"You can read the whole booklet in about an hour, and the math is so easy to use that all of the calculations can be done by one person, in moments, with just a simple calculator, says Barrows. Plus, the math is universal and effective...and, as they say in advertising, 'It really works!"
For more information contact Robert Barrows at R.M. Barrows, Inc. Advertising & Public Relations at 650-344-4405, www.barrows.com