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Article / Content Title:

Content Article

Synopsis /  Author Bio

Kathleen Gage is a business advisor, keynote speaker and trainer who
helps others gain marketing dominance and visibility within their
market. Get Gage’s FR*EE report “Learn How One Salt Lake City
Based Business Consultant Made Over 100k from One Idea” by visiting
www.kathleengage.com

Author's Name

Kathleen Gage

Phone

801-619-1514

Web Site

www.kathleengage.com

Email

CLICK HERE

Author / Content Text 

If you advertise in any way, the following information could show you
how to find and utilize untold advertising dollars you may not be
aware of.

In the mid 80’s I was an account executive for a radio station
located in Santa Rosa, California. During that time I became very
familiar with what is referred to as co-op advertising.

Co-op advertising is a great source of advertising dollars. And there
is so much of it available to people, yet most people know very
little, if anything, about co-op dollars.

Interestingly, I was one of the only reps at the station who made
sure my clients knew about this benefit. The reason was simple, there
was more work involved in getting my clients set up, and yet, there
was financial gain for both my client and myself by taking time to
help them stretch their marketing dollars.

Co-opting is where you put in money for advertising and the
manufacturer of a product you sell also puts in money. Often it is as
much as 50% of the campaign. It is a great way to stretch your
advertising campaign and to beef up your campaign.

Unfortunately, even though the money is available if conditions are
right, many people either aren’t aware of this or if they are
they think it’s too much work to meet the criteria. Granted, in some
cases it is, but often utilizing co-op money is a great way to stretch your
marketing budget.

There are many co-op-advertising opportunities available if you plan
to do advertising on the Internet. Not all are good investments
though. Check opportunities out very carefully before making a final
commitment.

The reality is, if they are professionals in the truest sense of the
word, they will be more than willing to take much of the paperwork
burden off of you by handling it. After all, the more value an
account rep creates for their clients the greater chance for an
ongoing business.

Co-op dollars are not limited to retail businesses. Often, there are
hidden dollars for non-profits. There are city and state funds that
are set aside to help various organizations increase their visibility
and reach.

One nice thing about using co-op dollars from a large manufacturer is
that brand names do attract customers to your business—that's why
you offer them. Advertising specific well known brands will increase your foot traffic. Harley Davidson has an amazing co-op program they offer to their retailers. It is a primary reason they have done so well. They encourage advertising based on specific guidelines.

It is to the advantage of an advertiser to utilize these dollars.
Manufacturers in virtually every industry want to help with
advertising costs. They are very aware that when you correctly
advertise their brand name product you will probably sell more of it,
thus increasing your orders.

The disadvantage of co-op advertising can be the restrictions set by
the manufacturer. Often, they have such rigid guidelines about how to
design the ad that you may lose all control of creative expression.
For example, their logo may have to be positioned in an exact
location in order for them to co-op the campaign.

If you are working with someone who claims to be an expert at
advertising and they know nothing about co-op dollars they are not
the expert they claim to be. Be aware.

Areas that you need to be educated on are program terms and
reimbursement schedules. In some cases it can take months to receive
reimbursement for a co-op campaign. In other cases, the company you
are cooping with will send the money directly to the media source. Be
sure to check this information out in order not to run into a cash
flow problem.

Advantages of co-op advertising
- Extra money to advertise
- Account executive can do the paperwork
- More frequency

Disadvantages of co-op advertising
- Restrictions by manufacturer
- No guarantee it will work
- Limited creativity in ad copy

Before making a final decision, research your options on co-op
advertising. You may be pleasantly surprised with what you discover.

 

_____________________________________________________________________

 
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