Social Media and New Markets

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Archive for December, 2008

Display Ads – How Online Advertising is missing revenue

Whenever I’m asked “what type of click-thru-rate do ads on Marketing Pilgrim receive?” my reply often suggests that the inquirer take a look at Google AdWords, if they’re only interested in CTRs. Why? Because, I know that display ads are the perfect platform for increasing brand awareness and trust, but are pretty lousy when it comes to CTR. (Yes, there are some exceptions to this rule)

In case you don’t trust my years of online marketing experience, new research from comScore supports the notion that display ads shouldn’t be measured by their CTR. As avc.com reports, comScore compared 139 display ad campaigns with a control group of ads. The findings?

It’s clear that display advertising, despite a lack of clicks, can have a significant positive impact on:
- Visitation to the advertiser’s Web site (lift of at least 46% over a four week period)
- The likelihood of consumers conducting a search query using the advertiser’s branded terms (a lift of at least 38% over a four week period)
- Consumers’ likelihood of buying the advertised brand online (an average 27% lift in online sales)
- Consumers’ likelihood of buying at the advertiser’s retail store (an average lift of 17%)

In fact, as the chart below demonstrates, display ads provide a 65% lift in site clicks the first week they are seen, and still provide a 45% uplift 4 weeks later! They’re just not that great at immediate clicks.

The moral of this story? Buy advertising on Marketing Pilgrim today! When you purchase a display ad, you have two choices:

Figure out how to measure the increase in overall site traffic, not just those that can be directly linked to your banner ads.
Forget about any kind of measurement and just trust that, with the right targeting, display ads will increase your brand awareness.

Related Reading:

Designing Brand Identity: An Essential Guide for the Whole Branding Team
The Cricket in Times Square (Chester Cricket and His Friends)
Whole Earth Discipline: An Ecopragmatist Manifesto
The Brand Gap: Expanded Edition
When Crickets Cry
The Brand You 50 : Or : Fifty Ways to Transform Yourself from an 'Employee' into a Brand That Shouts Distinction, Commitment, and Passion!
posted by zyaada in Online Maketing and have No Comments

Social Media

Netpop Research has released a report that says that around 40 million Americans contribute to social networking sites. 76% of all US broadband users actively contribute to social media sites, and 29% regularly contribute to social networks. via

Who are these social networkers?

Netpop tells us that the typical social networker is female 57% vs. 43%, between 18 and 29 years old, employed 55% or a student 23%, and single 48%. Broadband users who don’t contribute to social networks are usually older, married 57% men 57%.

People that contribute to social networks will spend on average of about $101 online, while the folks that aren’t a part of social networks spend around $80.

via Social | Marketing Pilgrim.

Related Reading:

Designing Brand Identity: An Essential Guide for the Whole Branding Team
The Cricket in Times Square (Chester Cricket and His Friends)
Whole Earth Discipline: An Ecopragmatist Manifesto
The Brand Gap: Expanded Edition
When Crickets Cry
The Brand You 50 : Or : Fifty Ways to Transform Yourself from an 'Employee' into a Brand That Shouts Distinction, Commitment, and Passion!
posted by zyaada in Uncategorized and have No Comments
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