Eric Drew Whitman - Cashvertising - Summary
Eric Drew Whitman - Cashvertising - Summary
Eric Drew Whitman - Cashvertising - Summary
Book
Cashvertising
How to Use More Than 100 Secrets of Ad-Agency
Psychology to Make Big Money Selling Anything to
Anyone
Drew Eric Whitman
Career Press, 2008
17 1
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Recommendation
Selling is a basic human interaction. Yet, most professionals in
advertising and related fields understand very little about what actually
drives people to buy. In this short, punchy book, Drew Eric Whitman
lifts the shroud of mystery surrounding consumer behavior by explaining
some fundamental psychological principles. His well-researched pointers
will help you create ads that appeal to customers’ deepest desires and
impulses. Although Whitman’s advice is applicable to all modes of
advertising, he focuses on print advertising; thus, some readers might
wish for more insights on Web copy or broadcasting. Still, getAbstract
17 strongly recommends Whitman’s compelling delivery of crucial
advertising advice.
Take-Aways
• Many advertising professionals aim to be clever or creative, rather
than focusing on their true purpose: to sell.
• Good advertising appeals to people’s basic desires.
• If people don’t believe what you say about your product, they
won’t buy it. Testimonials and endorsements help build credibility.
• Your ad’s message should stress how customers will benefit from
your product or service. It must answer their implicit question,
“What’s in it for me?”
• Consumers will buy something if it promises them great returns in
the future.
• They will purchase products linked to spokespeople or groups
with whom they want to identify.
• Ads that appeal to people’s rationality have a longer-lasting effect
on their purchasing patterns than those that influence them with
pleasant images and associations.
• Long advertising copy sells better than short copy.
• Free samples or coupons are excellent ways to create demand for
your product.
• People are most attracted to the color blue. After that, their color
preference follows this order: red, green, violet, orange and
yellow.
Summary
What Consumers Want
Effective advertising motivates people to spend money on a product or
service. Yet, most advertising professionals lose sight of that objective,
aiming instead to be clever or cute, or to win creative awards. Awards
may gratify your ego but they don’t boost sales. Why, then, does the ad
industry continue to follow this mistaken path? Because advertisers
simply don’t know any better.
Humans are complex and they have additional desires, called “secondary
or learned wants.” For example, they desire to be informed and to have
their curiosity satisfied. They like to be clean, efficient and dependable.
They wish to enjoy conveniences and to cultivate their style and beauty.
And, they want to realize profits and find bargains. These learned desires
are not as powerful as the eight biologically rooted ones. Biological
desires are so intense that once a person recognizes the desire, he or she
must act to satisfy it.
Advertising experts know that long copy has more impact than short
copy, provided that you write it well. Consider this: If you spent an hour
with a good salesperson, you would probably buy more than if you spent
10 minutes with a bad one. The more time that a prospect invests in
reading your ad, the higher the odds are that he or she will buy
something. An effective ad informs, motivates and persuades consumers,
driving them to make a purchase. It satisfies people who just want the
basic facts about a product, as well as those who need convincing. Adopt
a newspaper-style tone and look. Readers regard this style more
seriously than that of a traditional advertisement.
Writing good copy is like scripting a movie. Appeal to the five senses to
evoke “a concentrated internal experience” that makes people want to
buy your product. Tell its unique story using detailed imagery. For
example, someone advertising a pizza might specify that the crust comes
from the best Italian wheat flour, the cheese is fresh buffalo mozzarella
and the virgin olive oil is imported. Use language and a writing style that
makes your ad distinct.
People love to save money, so they respond well to coupons. One of the
first to recognize the power of coupons was Asa Candler, a Philadelphia
pharmacist who made Coca-Cola into one of the world’s largest brands.
In 1894, Candler offered coupons for free samples of Coke, a tactic that
helped the company achieve nationwide distribution by 1895. Today,
86% of Americans use coupons, primarily those who earn up to
$100,000 annually.
“Grabbers,” little gimmicks that capture people’s attention, also help you
advertise in a memorable way. For example, a real-estate agent who sells
beachfront property might distribute a flyer with a small bag of sand
attached. Or, a sweets shop might mail out candy wrappers that people
can redeem for a free sample.
Going Online
The Web presents new twists to effective advertising. If you are
e-mailing your advertisements, remember that many people prefer to
receive mailings no more than once a week. Most marketing e-mails
(about 68%) contain graphics, and animated advertisements attract more
attention than static ones. However, ensure that the motion graphics are
not obnoxious or irrelevant. Be aware that clever headlines may increase
the click-though rate, but do not necessarily translate into higher sales.
For best results, include the recipients’ names in the subject line and
make sure what you’re offering is relevant to them.
About the Author
Drew Eric Whitman has taught the psychology behind the consumer
response for more than 23 years. He has worked as a consultant for the
17 American Legion, Amoco, Texaco and many other organizations.
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