Advertising is of vital importance to businesses no matter how small they are. There are a lot of new marketing trends that stores used for promotion and reaching out to consumers. Included in these new trends are mobile advertising and the use of discount voucher. Below is the comparison between mobile and voucher advertising in Western Australia.
Mobile advertising is an up and coming type of marketing that is slowly taking over the industry.
Pros
There is an undeniable increase in the number of businesses that use mobile advertising in order to promote their products and services. One of the primary reasons behind this is the overwhelming figures of mobile devices in every household. Almost everyone owns a smartphone or a tablet. Sometimes, a person owns two or three devices. This is fairly advantageous to marketers since they can reach all demographics.
Another advantage of using mobile devices in advertising is the fact that smartphones are usually at the hand or near the user. People spend almost every minute checking their smartphones for call logs and messages. Moreover, users utilize mobile devices to check the Internet as well as their email and social media accounts. Merchants will greatly benefit with this feature since consumers will easily view the ads.
Cons
Mobile advertising also has its own disadvantages. One of these is that some people think that the promos they received through text messages are scams. People do not easily believe what they see in their mobile, which leads to lower conversion rate.
Cost
Depending on the type of mobile ad that you will use, mobile advertising is fairly a form of cheap advertising. Some types of promotions just take up your data plan. Merchants can start promotions through chain messages that people can send to their families and friends. This is very cheap since, sometimes, it just needs a single text message from the business owner and it will be passed around by people.
However, other forms of mobile advertising like in-app ads or those that appear in mobile sites have higher fee since businesses will need the help of third party companies like Google for you to advertise in apps and mobile sites.
Pros
One of the main advantages of voucher advertising it is very easy to make because business owners do not have to shell out nothing. Thus, there is no investment in this particular advertising venture. Businesses can make their own discount vouchers to be offered to consumers. Moreover, people love discounts. People are ecstatic to get items for a lesser price. Thus, it is easy to attract new clients by luring them with discount coupons. With less money to shell out means less loss or none at all.
Cons
One of the risks of voucher advertising is when business owners choose the wrong percentage for the discount voucher as it may backfire and will not bring in new clientele. It is important that businesses thought out the right discount percentage for the vouchers. Offering higher discounts may lead to loss in profits. Moreover, giving the coupons to the wrong target market will do nothing to your business.
Cost
Voucher advertising has become a popular type of marketing strategy for small and start-up businesses because one can do it for free. Businesses can simply make their own vouchers and distribute it on their own to loyal and new customers. The first thing that business owners should do is to think of a great discount and design of the voucher. Then, print these vouchers and distribute them to consumers.
