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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