What small business can afford to run display advertising that doesn’t produce results?
What small business can afford not to run search advertising that only produces results?
What small business can afford to run display advertising that doesn’t produce results?
What small business can afford not to run search advertising that only produces results?
comScore has released a study in conjunction with dunnhumbyUSA showing online advertising to be on par with television advertising in growing retail sales of consumer packaged goods brands.
From the comScore release:
Over the course of twelve weeks, online ad campaigns with an average reach of 40 percent of their target segment successfully grew retail sales of the advertised brands by an average of 9 percent. This compares to an average lift of 8 percent for TV advertising as measured by Information Resources, Inc. (IRI) and published in their seminal research paper “How Advertising Works.”
comScore Executive Chairman Gian Fulgoni had the following comments about the comScore/dunnhumbyUSA research:
“These early results confirm the ability of online advertising to successfully build retail sales of CPG brands on par with the impact of television advertising. It is likely that the more precise targeting ability of the Internet – especially in terms of accurately reaching the desired demographic segment — is a key reason for its effectiveness. That is meaningful in and of itself, but when you take into account the fact that online advertising is generally less costly than television, these results take on even greater significance.”
Hernan Lopez, COO, Fox International Channels and dot.Fox Networks commented:
“While there is no doubt that advertising can increase sales, measuring that effect is very hard to do. comScore and dunnhumbyUSA’s robust methodology has without question achieved that goal and puts online display in the select club of media that can generate measurable sales in the short-term and build brands in the long term.”
I expect to see more studies like this one from comScore/dunnhumbyUSA comparing the effectiveness of online display advertising to other major media’s display advertising counterpart – particularly television’s – from both Madison Avenue and the Online Advertising Industry over the next several years.
Online display advertising will eventually have its day – when that day will arrive still remains to be seen.
Today I saw an ad in my local newspaper for a new product they have launched called the Business Resource Center.
The new service appears similar to Google’s Local Business Center and looks like it provides all of the same features found in the Local Business Center.
The Business Resource Center touts the benefits of having a small business found under local searches and states:
Anything that you’d traditionally look for in the print yellow pages has become a “local search” on the Internet. For these queries, 75 percent of the top 100 keywords are non-branded, indicating that a majority of consumers have not decided on a specific brick and mortar store to do business with.
The site claims “to stay on top of the internet so you don’t have to” and plans to provide the latest in local search, social networking, search engine marketing and social media optimization to its advertisers.
The newspaper’s local business resource center will provide advertisers with statistics like Google’s Local Business Center has begun providing in the US.
Like Google, the paper’s local Business Resource Center also lets advertisers “create and manage coupons and special offers to drive traffic and build customer loyalty”.
Similar to other directory and listing services, the newspaper’s business resource center alerts advertisers immediately when individuals rate or review their services, and allows them to reply directly to concerns or praise, giving businesses the ability to create stronger relationships with their customers.
The Beta version of their User Interface is clean and user friendly.
The site offers what appears to be primarily display advertising under keyword or category searches and claims to provide the largest local search audience reach.
Overall the newspaper’s launch of a Local Business Center is quite an accomplishment for any newspaper in this day and age.
Over the last week, I began using the inline view feature in iGoogle to scan RSS articles without having to click through to the source site.
I prefer gathering, viewing and reading web site content through iGoogle over Google Reader because I can see hundreds of articles at a time and decide which ones I want to read.
By clicking the inline viewing feature within the feed box, I can read the entire article within my browser without leaving my aggregated feeds page.
Recently I noticed my Wall Street Journal Media and Marketing feeds have been accompanied by display ads from Google Analytics.
Pushing display ads through iGoogle feeds is innovative.
However after having clicked through to the Wall Street Journal site to see the display ad, I wasn’t able to find it.
Few if any of my other RSS feeds are getting their site’s display ads pushed through my iGoogle feed.
I wonder why?
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