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EXPIRATION-DATED ADVERTISING
By Roy H. Williams
People who
refer to the earth as “round” are technically wrong, but directionally
accurate. Technically, our planet is an oblate spheroid. But to
explain that subtle difference just wouldn’t be worth the trouble, so
we usually say, “the earth is round,” and leave it at that.
Likewise,
what you are about to read is technically wrong, but directionally
accurate.
For each
of our senses, the brain offers short-term and long-term memory.
Short-term memory is electrical. Long-term memory is chemical.
The
objective of “branding” is to cause your product to be the one the
customer thinks of first and feels the best about when their moment of
need arises. Consequently, branding must be accomplished in long-term
memory. No problem, it’s just a matter of repetition, right? Wrong.
The brain, you see, is a very smart organ. It knows better than to
transfer information into long-term memory when that information is
flashing a “soon-to-expire” message in neon letters.
I’m
referring to ads that make a limited-time offer. When an advertiser
insists on trying to “whip people into action” with the urgency of a
limited-time offer, they can be sure that their message will never
make it into long-term memory. At best, the message will stay in
short-term memory only until the expiration date has passed and then
it will be forever erased from the brain. Consequently, you cannot use
a series of limited-time offers as the foundation for a long-term
branding campaign.
The bottom
line is that you can’t have your cake and eat it, too. So which kind
of advertising will you do? Short-term or long term? Will you have a
little piece of cake right now, or a series of larger pieces later on?
This is the choice that every advertiser makes, either consciously or
unconsciously. I want you to make it consciously.
Yes,
limited-time offers, when they work, cause people to take action
immediately. The downside is that limited-time offers don’t work
better and better as time goes by. In truth, they work worse and
worse. When an advertiser makes a limited-time offer, the only
thing that goes into long-term memory is, “this advertiser makes
limited-time offers.” In essence, the advertiser is training the
customer to ask, “When does this go on sale?”
Will you
invest your ad dollars in a long, slow, tedious branding campaign that
will work better and better as time goes by, or will you do
short-term, high impact, grab-for-the-brass-ring ads and look for a
quick-hit payoff? Will you ride the tortoise... or the hare?
It’s
always your choice. Just know what you’re choosing. |