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An Online Business, Do I or Dont I?
Do I or Don't I? That is a question many of us ask when it
comes to starting up or joining an online business. Most of us
have heard of the vast amounts of money generated through the
Internet but how many of us personally know anyone who...
Evaulating Web Site Performance
Evaulating Web Site Performance Setting up a website is the very first step of an Internet marketing campaign, and the success or failure of your site depends greatly on how specifically you have defined your website goals. If you don't know what...
How to Make Your Resource Box Sell
Ezine Articles - they're everywhere! And little wonder. They're one of the fastest ways of building traffic to your website. But what many people overlook is the Resource Box. It's almost as important as your Article. After all, your traffic...
Site Statistics - What they should be telling you and probably aren't
Site statistics are the underlying visitor details of your site. They can tell you things like: where a visitor came from, what key phrases people are using to find your site on search engines, how many visitors have come to your site, what pages...
Understanding Affiliate Programs
Affiliate programs are commonly misunderstood, in order to understand affiliate programs lets start with terminology. For clarification purposes, an affiliate is defined as any "referrer" or website that promotes a product in an effort to earn...
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Are Banner Ads Worth It? The statistics tell the tale.
Most people on the Internet today simply ignore banner ads and move on to other things. Why so much skepticism in the media about Banner Ads? Well, I hate to burst your bubble, but Web Banner Ads are a proven thing. If you don’t believe me, check out the hard facts over at Ad Resource
(http://adres.internet.com/stories/article/0,1401,7561_182441,00.html). Web ads are a
$2 billion per year business!
There are several reasons why people won’t consider having a Banner Ad campaign for their business. The Internet in general has been such a runaway success that anyone who can build up a somewhat convincing rationale as to why all things that go up, will come crashing down, will find many willing ears. (Seriously, don’t hang out with pessimistic people.) The second reason why public perceptions about banner advertising are so much at odds with reality has to do with the nature of the Web. The “Web-ads-will-never-pay” articles all start off by pointing out that of the 50 million or so web sites out there, only a tiny fraction have been able to attract any ad dollars. This is factually true, but no more so of the Internet than of any other medium. Think of it this way, most of the world’s several million budding artists will never be good enough to sell their art work, and great writers will probably never publish a book in their life time. That’s just the way it goes.
So, between the statistics and of course, my opinion on Banner Ads, it’s a great thing, just not as a traffic-building tool for a small business Web site. It’s just that Banner Ads work a lot better at building brand recognition than they do at generating click throughs, and running really effective campaigns require a hefty bank account. These factors
make banner ads a great advertising deal only for larger organizations that have the budget and the long-term commitment to make banner ads successful. It’s pretty well known in the PR and advertising industry that the click through rates of a particular banner ad starts high, and the longer the banner stays up, it declines rather rapidly. This is where the money starts going out the window, is when you introduce new banner ads into the rotation. To maximize the results of Banner Ads, new banners need to be updated and rotated, and generally, a dozen or more banners should be on ‘stand-by.’ Starting to sound expensive? With the cost of the number of banners, agency fees and the sites to advertise on, requires a very healthy budget to run a very effective banner ad campaign.
So, what do small business owners need to do, to capitalize on this $2 billion piece of pie? Just have a diversified advertising plan, and make sure that you do your research on Banner Ads, as well as other effective marketing techniques, and as your business starts to grow, you can take advantage of the wonderful world of Banner Ads. Don’t start of your small business throwing all your money into Banner Advertising. You’ll sink before you’ve even started. Just a thought to keep in the back of your mind when considering Banner Ads, “Everything in moderation is a good thing.”
About the Author
Joelene Orlando is a Web enthusiast and a staff writer/consultant for eMarketing Answers with a broad knowledge of topics covering Internet marketing and communication strategies for both consumer and small business owners. http://www.emarketinganswers.com is dedicated to providing free, comprehensive emarketing resources and online promotion tools.
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