In this section we will go over some aspects, legalities and basic
guidelines regarding
Advertising.
How to legally advertise your small business:
It is
important for you to
be aware of what you can and can't do before you create your
advertising plan.
The Federal Trade Commission (FTC)
is
the main Federal Agency that enforces advertising laws and regulations,
but State and Local
Governments also regulate advertising.
Thirty-seven states have
laws regulating unsolicited electronic mail advertising. Advertising
laws differ from country to country as well. So if you live
outside of the USA you will need to checkout the advertising laws in
the country where you are at.
A Few Key Factors to Follow:
- Advertising must be truthful and non-deceptive
- Advertisers must have evidence to back up their claims
- Advertisements cannot be unfair
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Spam - It isn't just annoying anymore, it is
against the law:
Links to Important Sites for Legal
Information:
Setting An Advertising Budget:
Cutting off the marketing budget during challenging economic
times is one of the biggest mistakes small business people can make. During
these times you might be tempted to cut back on any marketing expenses, but here is
something to think about. When the economic times are this hard there are many
businesses out there who will be eliminating or downsizing their advertising budget
which means, they are no longer as high profile as they were previously... which is a good thing for you.
This means now YOUR marketing can stand out more!
Guidelines to follow with your advertising
budget:
- Put a portion of your paycheck aside for the next month's
advertising
- Set a realistic budget that will not be detrimental to you
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Questions To Think About:
- What kind of ads are you running?
- Why are your ads not working?
- Who is your target market?
- Are you trying to advertise your business in the wrong places?
- Are your ads reaching the people who need what you have to offer?
- Does your business fit the profile of the audience?
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Tips on Advertising:
- The best time during the week to advertise is on the weekends
- The best times of day to advertise is_________
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More to come: