Should I advertise in newspapers

ROI insights

The question of whether to advertise in newspapers is a common one for Australian small and medium enterprises. It’s a channel that’s been around for a long time, but the marketing landscape has changed dramatically. The short answer is: it depends. Newspaper advertising isn’t automatically a ‘no’, but it requires careful consideration and a realistic understanding of its strengths and weaknesses for lead generation.

We’ve seen a significant shift in consumer behaviour. More Australians are getting their news and information online. This means the reach of newspapers, particularly for younger demographics, is declining. However, newspapers still hold value, particularly for reaching specific audiences and geographic locations. Here are some key things to analyse before committing your marketing budget:

  • Target Audience Alignment: Does your ideal customer regularly read a specific newspaper? Local papers can be excellent for businesses targeting a defined geographic area. Think about demographics – older readers are more likely to engage with print media.
  • Cost Per Lead: This is crucial. Newspaper advertising can be expensive. We need to rigorously calculate the potential cost per lead compared to digital channels like Google Ads or social media advertising. Consider the ad size, frequency, and expected response rate.
  • Creative Limitations: Newspaper ads are generally static. You have limited space and can’t easily include interactive elements like videos or direct links. This impacts your ability to create compelling, trackable campaigns.
  • Tracking & Attribution: Accurately measuring the return on investment (ROI) from newspaper ads is challenging. Unlike digital advertising, you can’t easily track clicks or conversions. You’ll likely rely on methods like unique phone numbers or promotional codes, which require customer action and aren’t always foolproof.

For many SMEs, the budget allocated to newspaper advertising could be more effectively invested in digital strategies offering greater targeting, measurability, and flexibility. However, if you have a very specific local target market and a compelling offer, a well-placed newspaper ad could still generate leads. We recommend starting with a small test campaign to gauge results before making a significant investment.

The best next step is to conduct a thorough audience analysis and compare the potential ROI of newspaper advertising against other lead generation channels. We can help you develop a comprehensive marketing plan that aligns with your business goals and budget, ensuring you’re maximising your return on every marketing dollar.

The bottom line

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