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Yellow Pages vs Internet
02-12-2005, 03:21 PM
#1
To most companies, advertising in Yellow Pages is the unshakeable cornerstone of their annual marketing spend and they would not even consider cancelling it.
Surely Yellow Pages is established, recognised everywhere and enjoys strong distribution. It’s expensive, but is there any alternative?
A moderately sized quarter of half page ad is looking at 3 -5K a year. A whole page? That can be anything from 5 to over 8K for the year. There’s no negotiation; take it or leave it - and that’s with the regulators on their back capping and indeed cutting rates by 3.4%.
How surprising is it that more and more of my clients are cutting back expenditure on Yellow Pages?
Not surprising at all really. If you think about it, search is not new and it has played a major part in marketing activity for decades in the form of phone books and directories. Effective search engine marketing simply takes this a giant step further, unlocking as is does the incredible introductory potential the web medium provides between supplier and consumer to connect and do business.
This trend is reflected in Yellow Pages’ own market analysis, which shows a downward trend in client retention from 78% to 75% year on year. Interestingly, it is newer customers who are leaving.
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