The saying “Don’t put all your eggs in one basket” is ageless and holds true for many situations. In the equestrian world there are a multitude of ways that this saying applies. Top level riders live by this rule. If their top horse comes up lame they can’t afford to sit on the side lines until the horse is rehabbed, they always have a string of horses to call on so that they can stay in the game. Additionally, riders who ride multiple horses per day build their skills and confidence at a higher rate compared to a rider who only rides once per day and always the same horse.
This theory translates comparably into the advertising world. When advertising your company remember to spread your budget out over various channels that you feel are beneficial to your company and within your budget. Ie. Print, online, radio, tv, word-of-mouth, flyers, etc... The more places that potential clients see your name the more buyer confidence you will build. Additionally, by trying various methods of advertising it will help you discover which types work best for your business. Tracking the response to your advertising is as simple as asking “How did you hear about us” and entering it into a log of some sort. This will help you to plan your advertising budget each year so that you can get the best return on your investment.