Yup – you read it right: Being over weight is good. But being under weight? Well, you might as well forget it and close up shop. Make sense? No? Let me explain…
“Weight” in advertising relates to how heavily you advertise. In radio, we mean frequency, or how many of your ads your potential audience will hear in a given week. We ad geeks have all kinds of software and data to get us all fired up on info, but you, mister small business person, need only know one number – the number “3”.
“3” refers to the minimum amount of times a listener should hear you in a week. The first time they hear an ad, it slips by. The second time, it jogs their memory. By the third time, it’s starts to become relevant. Basically 3 is the critical mass you need to hit for ads to become most efficient.
Think of a car engine. Manufacturer specs often refer to an optimal speed. It’s the speed at which the engine works most efficiently. In advertising, it’s a similar concept. As you hit the magic number 3, your ads start to work most efficiently. Under 3 and you are underperforming, risking getting washed away by other ads or sleep. (Sleep is like an eraser for your brain, fyi. )
The difference with advertising compared to a car is the efficiency plateaus and then it’s pure math – the more you plug in, the better results. It’s like that hammer game at the fair – swing the mallet hard enough, you ring the bell. The more power, the louder that bell rings. But if you under hit, the dude running the game just takes your cash.
THE MOST COMMON MISTAKE AN ADVERTISER MAKES IS BEING UNDER WEIGHT IN THEIR ADVERTISING.
Think of the phrase “under weight”. What does it mean? Malnourished. Underfed. Weak. Is this what you want your advertising to be described as?
The number one reason advertisers are underweight is budget. We want to advertise for 15 weeks but can only afford 5. So what do we do? We s t r e t c h it out. We treat our ad budget like a can of beans during the Depression. We ration our advertising.
I want you to try something. Instead of having your usual cup of coffee every day, make one cup of coffee on Monday and ration it to last the whole week by adding hot water. After 5 days, tell me how it tastes. I’ll bet you a hundred bucks you can’t last the week. This is what you do to your ads when you advertise under weight.
If you have a finite budget, instead of stretching your budget as if you’re trying on your high school jeans, forget the length of time, your season or whatever. Think in terms of 3. How many consecutive weeks can you get a weight of 3? If it’s 5, just run five. But schedule them to run when you can make the most impact – your busy season.
Don’t believe me? How about I give you a great example. The Manitoba Marketing Network has advertised with me for years. We usually promote their various services through the year but this year we were only able to apply about ¼ what they usually would.
They have a fantastic mentorship program but are limited in the number of businesses that can apply. They usually get 10 or so that apply. We decided to run 1 week of ads per month for the mentorship deadline, and the weight was about 3.5.
So what happened? The first time they ran in October they received 38 applications, more than 3 times the average. We ran the next one and they got more than 20, still double the usual amount. Now they have a huge wonderful list of businesses in the queue so now we’re switching things up to fill up something else.
My point is don’t try to spread your budget thin to the point it becomes ineffective.
John Ruskin, the 19th century social thinker once wrote: “It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money – that’s all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot – it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”
