HOW TO GET A DISCOUNT ON YOUR MAGAZINE
DISPLAY ADS
by Jason Ryan Isaksen
Here's an important tip if you do plan to run some
display ads in magazines.
Be sure to tell your sales rep that you want your display ad listed
within
the first 30 pages of the magazine. If he/she says they don't put
display
ads that far up in the magazine, get out a copy of the magazine to
confirm
whether or not that's true. These sales people will some times not tell
the
whole truth.
If you do see ads in the first 30 pages of the magazine,
ask the sales rep
how you can get your ad there. If the sales rep says you need to pay
more,
then don't do it. Especially if you paid full price for that ad.
If your sales rep just says he/she doesn't have the
power or authority to
guarantee any placement of ads, then ask to talk to someone else who
does
have that authority. It's critical for your ad to be some where within
those first 30 pages of the magazine. If it's a classified, don't worry
about where it gets placed. First of all, classifieds just get listed
on a
first come first serve basis and it would be a waste of your time to
bother
trying to bargain on the location of a classified ad. Plus, people who
actually read the classified ads just go right to the back of the
magazine
anyway to look at the classifieds, so you actually want to be as far
back as
you can with classifieds. Classifieds are almost the exact opposite of
a
display ad.
Another important trick when running any size display ad
in a magazine is
this: Be sure to ask for a discount. Yah, that may sound obvious, but
would you have really asked if I didn't just tell you to do it? Most
people
don't. Most advertisers just pay the price that's listed and figure
those
prices are set in stone. Most people are just go with the flow people
who
don't want to argue, debate, or haggle. But you'll almost always get a
discount on your display ad if you simply ask for it. Start our by
asking
for an extreme discount.
Tell them you want a 12 month ad rate for your one
month ad. The price of a 12 month rate is a great starting point for
your
negotiation. Or if you want to put it in even simpler terms just find
out
what the standard/regular price is on the ad you want then cut it in
half
and tell them that's the most money you'll pay for that ad. If they say
no,
don't be afraid to tell the sale rep you'd like to think about the best
price they could offer and that you'll call them back another time.
These
people hate when you do this because they're playing a poker game and
they
thought they just called your bluff. They're great poker players but
when
you tell them you'll get back to them later, it really calls their
bluff and
just today a sales rep called me from SBO magazine and gave me the rate
she
wouldn't give me just 2 days ago. She said it was not possible to get
what
I wanted. So I told her that I'd like to think about the price she did
offer me and that I'd get back to her. Well she couldn't handle waiting
and
just called me today to say she changed her mind and I could get that
better
price for that bigger ad I'd asked about the other day. So play "Hard
To
Get" with these big advertising firms and magazine ad departments and
learn
to make them play the "Waiting Game." You'll be surprised how often you
get
what you want.
Also be sure and ask for the "Agency Discount"
The "Agency discount" is basically a special rate that
magazines offer
advertisers who act as their own advertising agency. Usually you don't
actually have to be a "Real" ad agency to get this rate. The main thing
most magazines care about is that you didn't go through an ad agency to
find
them. So just ask them for this discount. This discount is usually 15%
and
it sure can't hurt to ask!
Ask about any other special discounts they may offer
too. Many companies
have a variety of special rates. Even hotels often have a corporate
rate, a
weekend rate, a military rate, honeymoon rate, weekday rate, etc. And
these
are all priced different. The advertising departments of magazines are
no
different. They have different rates for different circumstances as
well, so always ask.
Of course, classified rates are different. Classified ad
rates are carved
in stone and you'll you'd be wasting your time to ask for a discount.
The
only discount you can sometimes get on classifieds is the "Agency
Discount."
Some magazines even have something they call "Remnant
Space" or "Test Rates"
As the name implies, remnant space is unsold ad space that still needs
to be
filled. You can get up to 50% off the regular rate on this kind of
remnant
ad space.
Test rates are just an introductory offer that assumes
you are new to the
magazine and that you'd like to try them out. Some magazines do offer
"Test
Rates" so be sure to ask.
And keep this in mind: These ad agencies and magazine ad
departments are
almost always going to try to get you to buy more than one month of
advertising. They'll usually have some sort of special price if you buy
3
months, 6 months, or even a year up front. Never do this on your first
run
with a new magazine. You need to first test that new magazine with a
simple
one month long ad to be sure you are getting enough sales to cover the
cost
of that month long ad. If you find out that your ad isn't even paying
for
itself, can you imagine if you were forced to keep paying for that same
ad
for another 6 months? That would be like making car payments on a
demolished car.
The only time its ok to pay for more than one month in
advance to get in on
a special price is when the magazine says you can change your ad each
month
if you want. Because then at least you're not stuck with a bad ad that
just
doesn't get any attention from the readers. But some times the reason
you're
getting a discount on multiple months is because the magazine doesn't
want
to have to work with you every month.
So they are basically giving you a discount so that they
won't have to talk
to you for a long time. Since your ad wouldn't change for the duration
of
the contract, they have less work to do. They don't have to reformat
your
ad or re-locate it or re-submit it to their editor. It's just on
auto-pilot
for the duration of the contract. And I don't ever recommend you do
that
unless you have an ad that has proven to get an incredible response. If
you
know you'll be definitely using that same ad over and over then it
doesn't
matter if you're locked into a contract for that ad.
Copyright Jason Ryan
Isaksen
2009 All rights reserved
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