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Posts in Managing Ad Sales

16
Dec
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What Kind of Ad Seller Are You?

posted on December 16, 2015 / 0 Comments

During an early season episode of Mad Men, John Slattery’s character, Roger Sterling, offered up this pearl of wisdom about business:   “I don’t know if anybody’s ever told you that half the time this business comes down to “I don’t like that guy.”   The same can be said about ad sales, or any sales for that matter. This is a competitive space and in many instance there aren’t huge differences in the actual product or service that will be delivered. What differentiates a company or a salesperson and is often the deciding factor is likability. Top performing, and typically likable, salespeople understand …

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21
May
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Is it better to rely on an outsourced advertising sales team or sell ads in-house? If advertising sales are a part of your association’s non-dues revenue or your business strategy, the decision you make can have a significant impact on its financial future. When associations and businesses approach AdBoom Advertising, they typically ask these three questions in one form or another: Will outsourcing earn us more than it will cost us? Will an outsourced advertising sales team understand our business the way we do? Is there additional value in working with a provider? Here is how we address them… Will Outsourcing Earn Us More Than It …

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02
Apr
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CPM, CPC, CPL, CPA: Which Online Ad Models are Best?

posted on April 2, 2015 / 0 Comments

As a publisher, you may either be: Transitioning from print advertising sales to digital ad sales or Looking for ways to improve revenue from your existing online publications. In either case, it's important to understand how different online ad models—CPM, CPC, CPL, and CPA—can impact what you offer to advertisers, the revenue you can expect to generate, and the risk you take on. Cost per Thousand (CPM) What it is This is also known as "cost per mille." As a publisher, you charge a flat rate for one thousand displays, or impressions, of an advertisement to your audience. About 33% of internet ad revenues in 2013 were …

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05
Mar
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Strategies for Growing Conference Sponsorship Revenue

posted on March 5, 2015 / 0 Comments

Conferences: they are a considerable time and large financial investment for associations and B2B organizations. Last year conferences and trade shows were the largest single marketing expense for B2B organizations, according to Forrester research. Ideally, this huge commitment comes with a profitable return for the organization but unfortunately not always. Organizations that hold conferences typically earn revenue in three ways: Attendee registrations The sale of exhibits The sale of sponsorships For this article we’d like to offer up a few tips for growing your conference revenue through sponsorships. Let’s start with the good news. The latest IEG Sponsorship report found sponsorship spending for associations is continuing …

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13
Nov

Do’s and Don’ts for Strategic Discounting

posted on November 13, 2013 / 0 Comments

As ad sales professionals we tend to have a love/hate relationship with discounts. Certainly discounting is an effective sales method. It is an easy way to boost sales volume quickly. It is a great way to garner interest or motivate a buyer to at least try your product. Inversely, it is also a quick way to cut into profits or commission margin. Like any other marketing or sales technique, discounting should be done with a strategy that keeps ROI in mind. Here are some discounting dos and don’ts: DON’T: Discount Often: Customers will be less willing to pay regular prices if they know …

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01
Aug

AdBoom Advertising's services include ad sales management, training, and recruitment. Companies often come to us with interest in our training but concerns about the obstacles standing in the way. Below, we've outlined some of the challenges to training an in-house advertising sales rep. We've also outlined ways that we help clients overcome them. Read on, and then get in touch to see how we can support your work. "Taking our team out of the field or off the phone will cost us sales." AdBoom Advertising's training rarely lasts more than a few days. Likely, the investment of time now will yield dividends with …

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01
Apr

Sell Ads Better by Tidying Up Those Databases

posted on April 1, 2013 / 0 Comments

AdBoom Advertising can utilize your in-house database of leads to sell ads for your publications. We add this resource to the other systems in which we've invested: up-to-date competitive intelligence, prospecting data, decision-makers for advertising agencies and businesses, and more. Whether we are maintaining your systems or you continue to oversee them, these databases can become divas. They need attention, care, and upkeep because… Contacts change. People leave their jobs, companies move locations, and businesses shut their doors. Systems fall out of date. Software requirements may call for security upgrades or patches. Internal processes change. The information you decide to track and the people who become …

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