Tuesday, October 23, 2018

#29 Ads in Unexpected (and Logical!) Places


Issue #29 Tuesday, October 23, 2018 
http://dennyhatch.blogspot.com/2018/10/29-ads-in-unexpected-and-logical-places_23.html  

Posted by Denny Hatch

Ads in Unexpected (and Logical!) Places


It’s a Guy Thing.
Half of all men ages 51-60 suffer from enlarged prostates. At age eighty and above, 90% of men have enlarged prostates. —health24

You’ve seen TV commercials for Flomax that depict middle-aged and older men forced to dash off to the loo.

Why TV Advertising Can Be the Greatest Rip-Off
Take the Flomax ads—such as the one above.

The benchmark cost of a broadcast TV spot in primetime is $22/M to reach 1,000 viewers—or 2.2¢ per person.

Half of viewers are women. So a Flomax commercial costs 4.4¢ to reach a man.

Plus… during commercial breaks half the older men who would respond to a Flomax ad are likely in the bathroom. So let’s say the actual cost to reach the target is 6¢.

Using TV, the actual cost to home in on a true Flomax prospect is probably 3x the rate card!

Okay, maybe the ads register with wives who are influencers, so the cpm is not quite as high.

But the arithmetic of TV advertising gets worse.

Much, much worse!

The Rule of 7
“The Rule of 7 is a marketing principle that states that your prospects need to come across your offer at least seven times before they really notice it and start to take action.”  —John Stevens

Thus seven TV exposures cost 42¢.


But wait… to guarantee 7 TV exposures to the same guy means the commercial has to run 20+ times. So Flomax will spend $1.20 to get one prospect to suggest to his doctor that maybe he should try Flomax.

A Personal Aside
Recently my doctor prescribed Flomax. I went to my pharmacy to pick up the prescription and got 90 capsules of tamsulosin—the generic version of Flomax. My cost: Roughly $28.00

All pharmacies have a sign that says under Pennsylvania state law, they can substitute the generic version of a drug unless the doctor says it must be the original.

I asked the pharmacist how much real Flomax would cost, and he said around $200.

Talk About a Screw-up!
Think of it! The German pharmaceutical company Boehringer Ingelheim spends $8.40 to get a guy’s doctor to prescribe Flomax— which results in the sale of a generic version made by somebody else!



I am a direct mail veteran of 55 years who knows marketing arithmetic down to a gnat’s eyebrow.

Quite simply this may be the most cockamamie, money-losing business model I have ever seen!

Alternative Marketing
Several years ago at a Philadelphia restaurant I went to the men’s room.

Staring back at me was the poster you see below.  Next to it was a plastic rack of take-one brochures.

Go Where Your Prospects Go


Unexpected High-Tech Ad Venues

  
What Uroxatral Did Right 
• The message was precisely in the right place—at eye level.

• This is a good deal for the restaurant—advertising revenue from a private area that does not interfere with the ambiance of the eatery.

• Marvelously efficient. Unlike direct mail or television—where the message goes out to everybody—only men with that problem will pocket a flyer. Young men and boys will leave the brochure in situ for the next guy.

• What’s more, there’s no “Take-One” flyer with a TV ad to remind you of the opportunity. Broadcast ads are all about “recall” and “memory.”

If you see an ad on TV that is immediately followed by the dog vomiting in your wife's handbag, the ad is forgotten.

• Uroxatral made a good offer—TWO WEEKS FREE TRIAL!

What Uroxatral Did Wrong
• The take-one brochure was flat, boring, technical—what you’d find in a doctor’s office.

• The take-one made no mention of the TWO WEEKS FREE TRIAL! on the wall poster.

• I had to search all over the take-one for the 800-number and Web site. I finally found these buried amid blocks of sans serif mouse type.

• No call to action. No reason to act. The guy would not remember the free offer and discard the piece.

Takeaways to Consider
• “Fish where the fish are.” —MacRae Ross

• "Always make an offer."
—Elsworth Howell, Founder & CEO, Howell Book House

• “Make it easy to order.” —Elsworth Howell

• “The order mechanism should be so simple an idiot can understand it.” 
—Malcolm Decker, Freelancer

• Can you get your product or service directly in front of the prospect by short-circuiting the system à la Uroxatral?

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Word Count: 725

At age 15, Denny Hatch—as a lowly apprentice—
wrote his first news release for a Connecticut 
summer theater. To his astonishment it ran 
verbatim in The Middletown Press. He was 
instantly hooked on writing After a two-year 
stint in the U.S. Army (1958-60), Denny
had nine jobs in his first 12 years in business. 
He was fired from five of them and went on to
save two businesses and start three others. 
One of his businesses—WHO’S MAILING WHAT! 
newsletter and archive service founded in 1984—
revolutionized the science of how to measure the 
success of competitors’ direct mail. In the past 55 
years he has been a book club director, magazine
publisher, advertising copywriter/designer, editor,
journalist and marketing consultant. He is the author 
of four published novels and seven books on business 
and marketing.

CONTACT
215-644-9526


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Invitation to Marketers and Direct Marketers: Guest blog posts are welcome. 
If you have a marketing story to tell, case history, concept to propose or a memoir, give a shout. I’ll get right back to you. I am: dennyhatch@yahoo.com

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2 comments:

  1. Howdy, Denny!

    We used to say, "The easier we make it for people to do what we want them to do, the more likely it is that people will do what we want them to do!" As I recall, Freeman Gosden used to say that in direct, 40% is list, 40% is offer, and 20% is everything else. All guys go to the can and stand in front of the urinal. So that's a good list. FREE is a good offer. Now, did you ask your doc about Uroxatral?

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    Replies
    1. Hey, Tim, thanks for taking the time to comment. I always attributed the 40%-40%-20% ratio to Ed Mayer. Who knows this many years later? Regarding Uroxatral, no, I didn't ask my doctor about it. Let's just say I had other things on my mind. Do keep the comments coming and ginning up the discussions. Cheers!

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