Are Franchise Brands Helping Their Franchisees with Multiple Approved Advertising Options? 🔍 More Choices, More Work When franchise brands offer their franchisees multiple “approved” local advertising solutions—whether it’s different agencies or platforms—they might think they’re providing flexibility. But in reality, they’re adding more to the franchisees’ plate. 💸 Costs and Complexity Add Up Instead of simplifying their lives, franchisees now have to spend time, money, and resources evaluating each option. Agencies can be costly, with fees and media markups quickly adding up. Plus, each option comes with its own targeting strategies, audience setups, and reporting methods. ⚖️ Inconsistency and Complexity The result? Inconsistency across the brand, increased complexity, and much more work for the franchisees. By trying to offer choice, brands are actually setting their franchisees up for a tougher road. ✅ Streamline for Success Sometimes, less is more. A single, well-chosen partner could streamline processes, reduce costs, and ultimately set franchisees up for greater success.
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🚀 Co-Op Advertising in Franchise Brands: Why It's Time for a Fix Co-op advertising has been a staple in franchise marketing, helping franchisees pool resources for some great campaigns. But let’s face it—the traditional "DMA" (Designated Market Area) models are showing their age. Here are a few things to consider: 🤷♂️ Flexibility Issues: The old co-op structures often use one-size-fits-all messaging, leaving franchisees with limited control over what actually works in their markets. 🔍 Lack of Transparency: Many franchisees struggle to see the ROI of their ad spend, which makes it tough to know if their efforts are paying off. 📈 Missed Digital Opportunities: With digital marketing on the rise, there’s a chance to get more targeted and localized with messaging. Unfortunately, many co-ops haven't adapted yet. The good news? We can modernize the approach! By leveraging digital tools, franchisees can choose custom messaging and track how their ads perform in real-time. This way, every dollar spent drives real results. Want to dive deeper into how we can shake things up? Check out the full article in the comments.
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Explore the power of local franchise marketing in our latest blog post! From targeting local audiences to maximizing foot traffic, learn how to boost your franchise's success. Read: https://buff.ly/4cLi8Y0 #MythBustingApril #FranchiseMarketing #FranNet
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Co-founder @ Hyperlocology | Head of Operations | Local Marketing Leader
4mo“Thank you franchise brand! Now I just have to evaluate 4 solutions because you won’t take ownership. Thank you!” -franchisee