Monday, July 06, 2009
Don't include a rate card in your media kit
As I’ve already mentioned, stop sending media kits. But if you must send a media kit, then at least stay in control of the sale by not including a rate card. 

Here’s why you must leave out the rate card:

1. When a prospect receives a media kit he always looks at the rate card first and if he feels that the posted rate is too high, he’ll immediately dismiss your magazine from further consideration. In other words, he will not study the media kit and look for benefits that could justify the price

2. To be successful in ad sales, you must meet with the prospect and make a presentation that shows the benefits of advertising in your publication. Including a rate card in your media kit makes it difficult to get an appointment. After all, the prospect now has all the information he needs to make a decision, so why should he waste time meeting with or even talking to a salesperson. When you send a media kit without a rate card, the prospect must call you to get this information and that gives you an opportunity to sell. 
- Peter Ebner
About Me
Peter Ebner
 
Peter is a professional sales trainer and marketing consultant with over 25 years of industry experience. He is author of several books including Grow Rich Selling Magazine Ads. He can be reached at (905) 713-2274 or on the Web at www.SellingMagazineAds.com.
Most Recent Blog Comment
Pardee says:
I'm with Todd and Ad Girl on this one. A complete media kit including rate card is best. In fact I t...
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