The Dilemma of Every Small Business
You have €1,000 for marketing this month. What do you do?
A) Put an ad in the local newspaper and hope someone notices
B) Run Facebook/Instagram campaigns with precise targeting to your ideal audience
This decision can make the difference between success and failure. And the answer isn't always obvious.
In this article, we'll compare everything - from cost and reach to measurement and ROI. With real numbers and case studies from Greek businesses.
Traditional Advertising: What Does It Include?
Types of Traditional Advertising
1. Television
- Cost: €2,000-20,000+ per spot (depending on channel and time)
- Reach: Hundreds of thousands of viewers
- Targeting: Basic (age, time slot)
2. Radio
- Cost: €500-5,000 per spot
- Reach: Local or national audience
- Targeting: Limited
3. Print (Newspapers/Magazines)
- Cost: €300-10,000+ depending on size and publication
- Reach: Declining (circulation falling yearly)
- Targeting: Basic (readership demographics)
4. Billboards / Outdoor Advertising
- Cost: €1,000-5,000/month per billboard
- Reach: Local, high traffic
- Targeting: Geographic only
Advantages of Traditional Advertising
- Mass Reach - Reach many people quickly
- Credibility Factor - A TV/newspaper ad gives prestige
- Brand Awareness - Good for becoming known
- Reaches 55+ - Mature audience still watches TV and reads newspapers
- Tangible - A flyer is something you hold in your hands
Disadvantages of Traditional Advertising
- Very High Cost - Prohibitive for small businesses
- Impossible ROI Measurement - How do you know if it worked?
- Untargeted - 90% who see the ad aren't interested in you
- No Interaction - One-way communication
- Inflexible - Can't change the campaign
- Time-consuming - Weeks to prepare
Social Media Marketing: The New Era
What Social Media Marketing Includes
1. Facebook/Instagram Ads
- Cost: From €1/day and up
- Reach: As much as you want (depending on budget)
- Targeting: Laser-focused (age, gender, interests, behavior)
Advantages of Social Media Marketing
- Extremely Low Barrier to Entry - Start with €5/day
- Laser-Focused Targeting - Reach EXACTLY who you want
- Complete Measurement - See impressions, clicks, conversions, ROI
- Two-Way Communication - Customers interact with you
- Immediate Feedback - See what works in real-time
- Flexibility - Change campaign anytime
- Speed - Live in hours
- Community Building - Build relationships with customers
The Big Comparison: Table
| Criterion | Traditional | Social Media | Winner |
|---|---|---|---|
| Entry Cost | €5,000-50,000+ | €100-5,000 | 🏆 Social Media |
| Targeting Accuracy | General, basic | Very precise | 🏆 Social Media |
| ROI Measurement | Impossible/Difficult | Complete, real-time | 🏆 Social Media |
| Speed of Execution | Weeks | Hours | 🏆 Social Media |
| Flexibility | Low | Very high | 🏆 Social Media |
| Credibility | High | Medium | 🏆 Traditional |
| Reach 55+ audience | Excellent | Medium | 🏆 Traditional |
| Engagement | None | High | 🏆 Social Media |
| Cost Per Acquisition | €50-500+ | €5-50 | 🏆 Social Media |
But don't jump to conclusions - context matters!
Real Case Studies from Greece
📊 Case Study 1: Restaurant in Athens
Budget: €1,000/month
Test: Tried both
Traditional Advertising:
- 1 ad in local newspaper (€800)
- Flyers in neighborhood (€200)
- Result: 12 new bookings (can't confirm source)
- Cost per acquisition: €83
Social Media:
- Facebook/Instagram Ads (€700)
- Influencer collaboration (€300)
- Result: 47 new bookings (tracked via online booking)
- Cost per acquisition: €21
Winner: Social Media with 290% more bookings and 75% lower CPA!
The Golden Solution: Hybrid Approach
Here's the truth most "experts" won't tell you:
It's not "either-or". It's "both-and".
The best strategy combines both, with the right allocation depending on:
- Your target audience
- Your budget
- Your type of business
- Your goals
Recommended Budget Allocation
For Small Business (Budget €500-2,000/month):
- 70-80% Social Media - For conversions, engagement, community
- 20-30% Local Traditional - Local radio, strategic billboards, community sponsorships
Which is Better for Your Type?
Social Media is Ideal for:
- E-commerce - Direct sales from posts
- B2B Services - LinkedIn targeting
- Beauty & Fashion - Visual platforms (Instagram)
- Food & Restaurants - Instagram + Facebook
- Tech & Software - Educated audience online
- Services for 18-45 - Gym, coworking, etc
Traditional Better for:
- Large businesses - with large budgets
- Mass market products - that interest everyone
- Mature demographics - 55+ audience
- Local brick-and-mortar - with mature customer base
- Luxury brands - that need prestige
- Long-term brand building - for corporate brand
Conclusion: Which Wins?
For the vast majority of small businesses in Greece in 2025, Social Media Marketing offers:
- ✅ Much better ROI
- ✅ Measurable results
- ✅ Absolute flexibility
- ✅ Affordable cost
- ✅ Immediate feedback
But don't ignore traditional completely - especially if:
- Your target is mature audience (55+)
- You need local credibility
- You have decent budget
- You want mass awareness
The winning strategy for most small businesses:
Start with Social Media. Build momentum. Add selective traditional when you scale up and the data justifies it.
In 2025 it's no longer a question of "either-or". It's "how much of each, and when".
Need Help with Your Strategy?
At Truetenor, we analyze your business, your audience, and your budget to create the ideal marketing mix. No generic solutions - custom strategy that works FOR YOU.
Let's Create Your Strategy