Why you should never pay "rate-card"



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Summary:
Off line advertising is a great way to get an extra traffic
boost, but it can be very expensive if you haven't done it
before....

There is a 'fixed', published rate for advertising in
newspapers and magazines. The 'rate
card' price for say, Daily Mirror would be the '5000 price.
The'rate card is a kind of wish list from the newspapers.
This is the price they would like to get for all of their adverts.

This is what they consider the space to be 'really' worth.
In practice, they hardly EVER get 'rate card' for an advert,
and most of the time they get half of one-third of rate card
prices.

However, if you are naive little bunny, and you telephone
any national newspaper classified department and say to
them;
Article:
Off line build-up is a great way to get an extra traffic
boost, but it can be very expensive if you haven't done it
before....

There is a 'fixed', published rate for promotion in
newspapers and magazines. This is styled the 'rate-card'
price. The 'rate-card' is a newspapers or magazines published
'priced list' of space in the publication concerned.

Does the 'rate-card' price reflect the common man price you
could expect to pay in the publication concerned? NO! It
represents the plenipotentiary highest, top dollar rate you could
ever be insane enough to contemplate paying!! The 'rate
card' price for say, Daily Mirror would be the £5000 price.
The'rate card is a kind of wish list from the newspapers.
This is the price they would like to get for all of their adverts.

This is what they consider the space to be 'really' worth.
In practice, they hardly EVER get 'rate card' for an advert,
and most of the time they get half of one-third of rate card
prices.

However, if you are naive little bunny, and you telephone
any national newspaper aligned department and say to
them; 'Hey, look, I'm a rank potterer in this business, I was
wondering if you could see your way graceful to telling me how
much my half-page bring up would cost to insert in your
excellent publication.'

They will reply......

'Why of a truth sir, our rate card for that suggest is....let
me see now....ah yes, £5000.'

And you hop away thinking:-
'Cripes! That's a bit steep. But if the competition is
paying that rate , then they must be really pulling in the
orders'. So you stump up your five grand, and send your
advert into the paper. The conversation on the classified
desk goes something like this:-

Sue: 'Here , John, you'll never guess what! You know that
ACME publishing gang I quoted five grand last week?'

John: 'Yeah?'

Sue: 'They've only gone and sent me a and their
advert!'

John: 'What!!! You're pulling my plonker!'

Sue: (Laughing). No. Straight up. Look, here's the cheque.'

John: 'Bank it, quick!'

Etc., Etc.
You sit back and wait expectantly. The mention appears. The
phones start ringing, the first day's post arrives. The
results look unpromising, but you reassure yourself that
people need a bit of time to respond, and the post is a bit
slow etc. Next day you get on every side one third of the post you
expected. You put this down to a hold-up at the sorting
office. Next day you get relating to one tenth of the post you
expected. and the following day you get relating to three letters!
You start to switch alarmed. Ten days later, you know you've
blown within call three grand. You hastily examine your advert.
What's wrong with it? You look at the competition. Hmm,
they're offering a thirty day money-back guarantee and you're
only offering fourteen. Damn! That must be it.

You call Sue (now your friend) on the aligned desk. You
tell her your tale of woe. She's hurtful her wrist to stop
laughing long enough to talk to you. The conversation might
go like this:-

You: 'Sue, I had a terrible response to that advert.'

Sue: (Sympathetic) 'Oh no! Give it a bit more time.
Sometimes the first hint never does well inasmuch as you're a
new company. People need to see the return a few more times
before they're confident enough to buy from you.'

You: 'You reckon?'

Sue: (Hardly able to control her mirth). 'No doubt about
it, Also, you went in on a Tuesday, didn't you?'

You: 'Yes....'

Sue: 'I think you ought to try a Friday. It's closer to the
weekend, and people are more relaxed.'

You: (Growing donkey ears). 'Do you really think so...?'

Sue: 'Definitely. As it happens, we have some space in this
Fridays issue. It's a really great position. We normally
charge more for a Friday, but since you lost money last time,
we'll let you have it for £4700.'

So you book the space, and increase your money-back
guarantee (or whatever). You've guessed the rest. Friday
comes and goes and the response is much the same as your
last advert. You kiss ancillary three grand bye-byes. But
before this, down at the arrayed department:-

Sue: 'Here's a riddle for you, John. What bosom buddy starts
with 'A' and has just sent me a draught for £4700?'

John: 'You're putting me on!!'

Sue: (Waiving cheque) 'Tum tee tum tum!'

John: 'You jammy sod!'

Etc. Etc.

Now why would a nice girl like Sue take such enormous
pleasure in stitching you up? Does she hate you? Did you kick
her cat once, and she's never forgotten? Oh no, nothing so
personal. Sue is pleased because:-

She's making a thumping ten percent quota on each advert
she sells!!

And ten percent of five grand is £500. Ten percent of
£4700 is £470. That makes £970 for two phone calls from you!
She's probably quite a nice girl. I'm sure she buys her
mother flowers on Mothers' Day. And I also know that she is
having an expensive foreign holiday this year, courtesy of
ACME publishing!




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