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Posted by Uncle Sha
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Internet advertising sales is set to explode in the next few years with a projected 14% growth or some $12 billions of advertising money out there being bought and sold.
So being the client your money will be part of that and you’re thinking of ways to reduce advertising cost? Well you can do so by negotiating a better advertising buy of course.
Oh yes, not known to many is that you can actually negotiate and thus lead to more profit margin and saving cost for you!
I usually would prepare a list of to-do and questions before meeting my media salesperson. The questions revolve around my business and its objective for the advertising campaign. Always come prepared I’d say.
I find that most people don’t listen enough. And that translate not having enough information to be alert to possibilities. Listen first to your salesperson when they’re presenting. Assess if that’s what your business needs.
When the proposal has been presented, do not straightaway give your judgment, delay that and think of the proposal. Don’t be afraid to think about it overnight. Don’t commit to anything yet.
Once you’ve done with thinking over the proposal, return to the salesperson. Ensure all your business needs and options are covered by the proposal. If not then this is the time to ask for some changes.
Once you’re satisfied with the changes, this is about the right time to negotiate.
Usually the company who are about to close the deal just wants to get the process over and done. So when you asked for a negotiation, more than likely they will accommodate your request.
With the above negotiation tips, I was able to buy great advertising deals for my home business. I totally made a fortune and had great savings too!
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5th Nov 2008
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Category: Advertising
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