Media Buying
MSNBC has redone their site as a “one page format” so that they can stop the pageview metric, commonly used to value websites and banner advertising campaigns. They now have 30 different ad combinations, but banner ads are not among the offerings. Does this mean that they are dead, as stated by one MSNBC.com spokesperson?
Clearly some publishers have a reason to want them to be. They don’t get the fees they would like to charge on these ads, and from a consumer response perspective, many seem to have become “blind” to banner ads in many cases.
Many reasons are given for this, and we do not wish to speculate, however when several experts were asked for their opinon on banner ads, none seemed to believe that this format is dead. Instead it appears to be undergoing an evolution, and smart marketers are learning how to create responsive banner ads that viewers will click.
Savvy marketers have discovered that they are able to buy up these ads cheaply, and when formatted properly, for actual response rather than simply being “pretty,” “clever” or “creative,” are able to receive an excellent ROI.
Another perspective on this issue comes from the likes of Brendan Star, digital media director at McGarrah Media: “”Banner ads aren’t going extinct, but the ways they are used, bought, and served are.” He, unfortunately, was referring to for use in old school branding efforts, rather than actual sales and promotion, however it may turn out that these ads can have a good ROI when designed properly and used selectively.
In the mean time, don’t let anyone tell you that “banner ads are dead”, and most importantly that they do not work. While improperly designed banners may fail horribly, properly designed ads, in a properly executed campaign, can command response, and provide an excellent ROI on your marketing dollar.
Filed under Advertising, Internet Business, Internet Marketing, Media Buying by Jeffrey Neil on Dec 3rd, 2011. Comment.































