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These useful tips and strategies will help move the process along more easily, although there is no surefire way to close a deal with a potential advertiser.
It’s important to remember that an account representative is an ambassador of the magazine. How the rep dresses and talks, and what he or she says can make or break a deal since the magazine industry is a relationship business. Magazine Advertising StrategiesBehind the company name and prospective client is an individual with different likes and biases not connected to the business. A good magazine rep is able to determine what the gatekeeper and decision maker responds well to and then acts accordingly. Plan and PrepareKnow what the company is about and how to get to the decision maker. One may have to go through multiple layers and gatekeepers to gain access to the top. For instance, large brands can have its own filter from the assistant media planner to the supervisor, to the director, to the account executive, to the account director, and finally to the account manager. Be InformedRead the news and be culturally savvy. It acts as a conversation starter and can be used as a tool to connect with the person. Write a Unique Sales LetterAfter writing the letter, see where the magazine is mentioned and replace it with a different magazine title. Does it still work or is it too generic? If it sounds too broad and common, the letter should be rewritten because there is no unique factor to pique the prospective client’s interest. Be Armed With Stats and FactsKnow the magazine inside and out, prepare all possible rebuttals and give clean presentations. It builds trust and credibility. Find and Use Existing Editorial CreditsIf the magazine has mentioned the prospective advertiser in previous issues, clip the pages, add a nice note and mail it to the company. This will give the magazine sales rep an excellent reason to call and follow up. Show EnthusiasmWhen the account rep believes in the product, it shows and can also create excitement and interest in others. Create Value Beyond the Page Create value for the potential client by going the extra mile. For instance, if there is a helpful lead or resource for the company, don’t hesitate to assist. Maintain a good attitude with pure intentions. This can lead to positive and unexpected results. Be PersistentDon’t give up. It takes a long time to build relationships. Selling advertising space for magazines is a long process and requires more thought, skill and patience, but remember that all hard work leads to profit. Dress to ImpressSuits and ties are nice and professional, but it can scare people away because it often communicates the message: “I’m here to sell you something.” When visiting a business without calling, practice due diligence with prior research. Assess the environment and dress accordingly. Although these magazine advertising strategies are useful tactics in making a good sale for the account rep, it’s important to have fun on the job and enjoy every moment. Keeping the big picture in mind, as well as having a positive point of view will make each day easier to manage. Further Reading: Basics of Publishing a Magazine
The copyright of the article Magazine Advertising Strategies in Magazine Industry is owned by Annie Suh. Permission to republish Magazine Advertising Strategies in print or online must be granted by the author in writing.
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