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Saving money on food and beverage advertising and marketing will involve finding ways to cut corners when starting a new ad campaign. There are many useful tools that will not cost a lot towards your food and beverage marketing budget, like online advertising.
1. Determine the most cost effective beverage and food advertising strategies. Look for ways that advertising in the food industry will prove beneficial at a low cost.
2. Save with online food and beverage ads. Cost effective beverage and food advertising will likely include the use of online tools, like pay per click ads.
3. Read online tips to help learn ways to reduce the bottom line of your food and beverage advertising budget. You should be well informed prior to hiring a marketing firm or launching your own ad campaign.
Action Steps
The best contacts and resources to help you get it done
Receive consulting advice on advertising in the food industry
By hiring a marketing or consulting firm, you can discuss your ad campaign needs and figure out the way to reach your audience for the least amount of money. Look for niche agencies that focus mainly on food and beverage products.
I recommend: JKG Marketing is a firm that has vast experience with advertising for small scale food and beverage producers. They can use their research department to find ways to save your company advertising dollars. HSR Associates is also a company that specializes in launching new food and beverage products.
Save with online food and beverage industry marketing
The Internet is one of the most cost effective ways to advertise products and it has the ability to reach outside of your local area, unlike local TV/radio spots and newspaper print ads. Besides free ad sites, a popular choice for food and beverage companies is to consider pay-per-click ads.
I recommend: CX Digital Media outlines the benefits of pay-per-click advertising including the ability to run a smaller campaign prior to launching a larger food or beverage promotion. Digitalads advises on interactive food and beverage marketing, specifically towards children.
Get tips on low cost ways of marketing food and beverage products
You can find numerous online articles that detail ways that a company can save on their specific ad campaigns. Look for articles that go beyond the basics and give specific tips on how to target your audience.
I recommend: Ezine Articles has a featured piece on ways to save money while advertising your catering business. Many of the tips provided can also help other food and beverage industries. Content For Reprint has an article that advises convenience store owners on ways to use email marketing and other techniques in order to advertise their food and beverage products.
Receive great advertising rates in newspapers and magazines. We'll handle the planning and negotiation for you, at no cost.
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Food and beverage promotions may seem unnecessary to some small restaurant owners. After all, if your bar stools are full and you've turned the dining room 4 times on a Friday night, it can be tempting to think that it'll always be like that, right? If you're doing well, maybe there's no need to pour hard-earned profit into newspaper ads. Wrong. Unless you keep your restaurant's name fresh in the public consciousness, you will quickly fade into culinary oblivion.
Food and beverage marketing doesn't have to be expensive, but it does have to be effective. Keep in mind the following tips:
1. Decide what aspect of your restaurant will be the subject of your food advertising strategies.
2. Hit a target audience with your food and beverage ads.
Action Steps
The best contacts and resources to help you get it done
Decide what food and beverage promotions will best showcase your restaurant
Whether it's spicy wings or patio dining, oversized martinis or top culinary talent in the kitchen, your restaurant has or does something that makes it special. The key to successful food and beverage advertising is deciding on that iconic subject: Focus on what sets you apart from your competition and spread the word.
I recommend: Don't be ashamed to get help if you aren't media savvy. Restaurant PR has a Virtual Publicist that offers professional consultation on market food and beverage programs. And Restaurant Experts offer helpful tips on developing and organizing your food advertising.
Focus your food and beverage advertising on a target audience
Cutting costs on the marketing budget can be a fatal mistake for restaurants. Spending your limited budget unwisely is only slightly less dangerous. Avoid running print ads in newspapers unless you're being placed in a dining or entertainment section. Keep your print dollars in restaurant supplements and monthly dining specials.
I recommend: To reach an even larger target audience, try sinking your food and beverage advertising dollars into restaurant review shows. Radio shows like Boston's Pat Whitley show and Frank Bruni's NYC Restaurant Review Podcast have dedicated followers and can cite proven results on advertising revenue.
Take advantage of your existing food advertising resources
Advertising in the food industry can be done with a minimum cost by utilizing your existing resources. Convince members of your staff to spend an afternoon handing out flyers. Work out barter arrangements with local newspapers and radio advertisers. Use your beer and liquor vendors to supply signs, banners, and prizes for beverage promotion nights.
I recommend: Constant Contact is an affordable, user-friendly way to maintain contact with your best customers through email marketing. For inexpensive flyers, postcards, hats, and other promotional give-away materials, try VistaPrint.
Tips & Tactics
Helpful advice for making the most of this Guide
- • Food and beverage salespeople always have a trunk full of free stuff, whether it be hats, key chains, T-shirts, or bottle openers. Never, ever let a vendor leave your restaurant without getting something for free.
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Keep in mind that food and beverage marketing is not limited to traditional print ads. In fact, these may not be the best way to sell your products. Other things that you can consider are:
1. Holding sampling events to get new customers to taste your food and beverages;
2. Offering limited-time food and beverage promotions, such as cents-off coupons;
3. Selling your food and beverage items at new venues or at community events.
Action Steps
The best contacts and resources to help you get it done
Start your food and beverage marketing with sampling events
The best form of food and beverage advertising and marketing, for beginners, is to just get people to try your products. If they like them, they will tell their friends, spreading news of your business through word of mouth.
I recommend: Read the article on the W. P. Carey School at Arizona State University's site on why this kind of promotion works so well and how to do it properly. Then check out the National Association for the Specialty Food Trade Fancy Food Show website and see if you can get an exhibitor table at the event in your area. Also consider sampling at local grocery stores and smaller scale community get togethers.
Use food and beverage advertisement options that motivate customers to act
Those advertising in the food industry know they need to incent consumers to act right away, while their products are new and fresh. Otherwise they may decide they will try them some day, and by then they will have disappeared from the shelves due to lack of interest. A good way to do this is with limited-time coupon offers.
I recommend: Go to Home Business Center and read about how you can create your own coupons, with expiration dates, and distribute them in print or over the web. Then check out Wow Coupons' site and submit a request for a media kit. Even if you don't decide to advertise with the company, it can give you valuable insight into marketing strategy. Also, give current customers coupons when they purchase your products. Tell them to share them with friends.
Sell your products as part of your food and beverage promotion plan
Food advertising doesn't have to be mutually exclusive of sales. A great way to advertise, believe it or not, is just by selling your products somewhere besides your storefront or website.
I recommend: Go to LocalHarvest and search for farmer's markets in your area. Even if your product isn't produce, you may be able to rent a table. Farmer's markets nowadays have coffee, breads, pet food and more. Then search the MSN City Guide to find a "taste of" event in your area. These events allow a large group of food and beverage distributors to sell their products to a new customer base in a casual and fun atmosphere. It's a good thing to get involved with.
Tips & Tactics
Helpful advice for making the most of this Guide
- • Consider putting out press releases as part of your food and beverage promotions. Write a new one each time you have a new product you'd like to launch and send it to your local newspaper or radio and TV station.
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