LETTING
GITES SUCCESSFULLY.
Advertising
- how do you decide?
We are entering the period when companies offering
all types of advertising or letting services will swamp holiday property
owners. These will range from agencies that want sole rights to your
summer period, companies offering solely Internet advertising, organisations
that produce specialised brochures and those that publish general
holiday publications.
The first rule is BUYER BEWARE. You can split these
companies into three main categories. Companies that provide an excellent
service and will deliver more or less what they are claiming. Those
that believe that they will be able to provide an excellent service
but can't and organisations that are just interested in taking your
money and think that ethics is a county north of the Thames. The companies
that fall into the latter two categories make life more difficult
for the former who do an excellent job.
You are going to be approached by companies making
all sorts of claims. These are not necessarily false as they are carefully
packaged to lead you to believe one thing whilst actually promising
very little. Advertising rarely comes with a guarantee other than
to produce an advertisement and any sales pitch and documentation
will be carefully worded to impress without making any promises. You
will sign a contract guaranteeing you an advertisement in a publication
and nothing else. Providing the brochure or magazine is published
and your advertisement appears in it, the company will have fulfilled
their side of the agreement.
There are scores of companies now selling Internet
advertising. Some of the deals they are offering are ludicrously cheap
or even free. Although there are over 150,000,000 people reputedly
connected to the World Wide Web, they still have to find the Internet
site you are advertising on. If you do not understand the Internet,
beware of being bamboozled by technical talk and statistics. Despite
all the hype about the Internet, web sites have to be advertised in
the press to guarantee attracting visitors. The last time I typed
French holidays into a search engine I was confronted with thousands
different Internet addresses to choose from. Only one site can be
at the top of the list at any given time. So anyone offering you cheap
Internet advertising should be asked how they intend to promote the
site and how they can afford to advertise it if they are charging
so little. Inexpensive advertising can often turn out to be the most
expensive if it gives you little or no return.
The second rule is to check out the search engines
for yourself to see which Internet sites come up in the top ten. The
most frequently used keywords and phrases are (Robert OVER TO YOU).
If the Internet site you are advertising on (or planning to advertise
on) does not come up in the top ten - forget it. The only way to ensure
that you really get full Internet coverage is to advertise across
a wide range of Internet sites that are configured to pick up different
traffic from a variety of nationalities. No web site can be all things
to all people.
I am aware of two new brochures appearing this year
and no doubt there will be others to add to what is already a very
fragmented arena. As with all the brochures serving France there are
some pertinent questions to ask before committing yourself. The major
rule of thumb where publishing is concerned is - let other property
owners waste their money. New brochures take at least two years to
establish themselves. Determine the circulation, you are not interested
in the print run as this means nothing. The distribution - is it just
being advertised in the press? How many advertisers will be in the
brochure so that you can calculate the ratio of properties to recipients.
If the company producing the brochure claim to be
advertising on the television, ask to see the television advertising
contracts. If they can't produce them, they are still waiting to generate
the revenue. If that's the case, if they don't succeed in generating
enough revenue, nor will they be able to fulfil their agreement.
READ THE SMALL PRINT. The less ethical companies
will carry a get out clause like - "Promotion and advertising
may vary and is subject to approval by the broadcaster and publisher."
So you could end up advertising in a brochure that promises to be
advertised on TV and ends up advertised in Dalton's Weekly.
The third rule is, DON'T CHANGE A WINNING FORMULA.
If your advertising is successful don't be tempted to change by companies
offering you cheaper advertising. A hundred pounds saved may well
result in a thousand pounds lost revenue. For numerous reasons, not
necessarily the fault of the brochures, bookings in general, have
been down in the out of season months. Competitors will play on this
and try and entice you away from publications that have proved successful
for you in the past. What worked for you in one year may not necessarily
work for you next year so it is a good idea to have supporting advertising.
Radically changing your advertising medium may result
in you jumping out of the frying pan into the fire. Ask why their
brochure will be more successful than the one you are currently advertising
in. Companies that distribute the brochure at property exhibitions
are mainly looking for new advertisers. Whilst it is true some of
these people may visit France at some point in time, they generally
go home with carrier bags full of all types of literature, that end
up in a cupboard or in the bin. The market place is continually changing
and the companies providing advertising to property owners need to
recognise that they have to move with the times or risk
falling by the way side. It is not possible to predict the unexpected,
but it is possible to have contingency plans. Quality market research
will help plan for the future and knowing who is likely to be visiting
France next year is of primary importance. The companies that have
continued to utilise the same formula over the years without realising
that the market has changed have fallen behind.
Tourism is the most fragile of all industries, it
is the barometer that reflects economies throughout the World. It
can be affected by interest rates rising and falling, as the public
both borrow and invest money. Wars, weather, politics, economics,
housing markets, ageing populations, changing school holidays, price
wars, more competition, public opinion, strikes, changing attitudes
and habits can all affect the market. Yet despite all these problems
and obstacles, intelligent marketing can overcome many of them. It
is therefore imperative that your advertising covers as broad a spectrum
of the world market as is physically possible to ensure that what
ever happens, your market does not disappear from under you. Even
more important is, you advertise with companies that understand not
only what marketing is but also how to use it to maximum effect.
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