Print advertising can be both expensive and tough to track. Earlier this week I wrote about how to track the success of a marketing campaign so this leads nicely into exploring print advertising as a means to market your brand. I’m most in favor or print ads for brick and mortar businesses but whether you want to advertise in print for your online or brick and mortar business, advertising with partners is a great way to save some cash.

One group I admire for their print-based cross-promotion activities is Indie Finds. This group of independent artisans and designers buys print advertisements in national publications. For each advertisement, several of the designers chip in to cover the cost and all the participants get a product from their shop featured in the advertisement. Although this group focuses on independent designers, there’s no reason other types of companies couldn’t form a coalition to advertise in a local publication or another type of special interest publication.

Indie Finds’ placements in magazines have a stylish design but they probably wouldn’t be mistaken for content from the magazine. While their eye-catching design work is likely to attract eyeballs, another way to pull off the print-based cross-promotion would be to employ an advertorial format. If companies selling products for new moms wanted an ad in Fit Pregnancy, they might consider framing their placement as an “article” on top five must have items for new moms. Of course each of these must-haves would be picks from five companies splitting the cost of the placement.

However you frame your print marketing. Be sure to supply a unique URL, phone number or coupon code for the ad if possible so that you can measure the ad’s success. It’s also important to keep in mind that print placements usually become more effective over time. If you’re not prepared to invest in several placements to see a return you may want to reconsider investing in this marketing medium.