Advertising Like Its 1999
By
Mark Daoust,
the
owner of Site
Reference
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Starting
a website used to be relatively easy. Register a domain
name, get a virtual hosting account, setup a basic
looking website, then choose from the literally hundreds
of marketing agencies that were willing to send traffic
to your site for a relatively small price. A lot has
changed since 1999 on the Internet, and maybe nothing
so much as the way we market our websites.
Some
may be tempted to say that marketing has become easier
in today's Internet. We know more about user's expectations
and are able to better target our ads to users who
are interested in our websites. Through programs such
as Google Adsense and Yahoo's Contextual Marketing
programs, we can be relatively certain that the clicks
for which we pay are from people who are actually
interested in our programs (of course there are issues
of click fraud, but that is not the focus of this
article).
But
because our advertising choices have been effectively
slimmed down to just a few major ad networks, finding
a great deal in advertising has become much harder.
Every website owner is rushing to the major ad networks
which creates a scarcity of ad spots. The result is
that ad prices are being driven up - and your profits
are being driven down.
After
a little research, however, I learned that the small,
upstart, great value advertising options had not died.
It gave me hope that the good things of the early
Internet could still be alive in today's webbed world.
Advertising
on Blogs
Blogs
are big. There is no doubt about it – everyone is
starting a blog. My wife even started a blog last
month (http://www.thelazywife.com
– please excuse the shameless promotion of her blog)
with the hope of making a little side income. Blogs
are relatively easy to setup and maintain, and with
so many people talking about blogging successes, they
have become an attractive option for those looking
to bring in an additional income.
This
is good for advertisers. The blogging boom has created
a buyers market for advertising. Most bloggers are
trying to make money from contextual advertising and
are seeing some levels of success, but most would
like to see more money from their blogs. The result
for the rest of us is that buying ads on blogs can
bring quite a bit of traffic without having to pay
a great deal of money.
If
you need proof of this, just head on over to BlogAds.
BlogAds is an invitation-only network of blogs offering
advertising on their websites. Each site is categorized
which allows advertisers to target their ads. The
best feature of BlogAds, however, is the ability to
not only see the site that you will be advertising
on, but also the ability to see the site itself as
well as how much estimated traffic that site will
receive while your ad is live.
Some
of the prices are more expensive, but if you choose
wisely and create a decent ad, seeing an effective
clickthrough cost of $0.05 to $0.10 is not unreasonable.
For my wife's blog we purchased several ads across
a handful of targeted blogs. Currently we are on pace
to seeing an effective clickthrough rate of about
$0.05/click. That is effective advertising.
There
are other blog ad networks besides BlogAds, and many
blog owners would be happy to accept an advertiser
if you were to approach them. The traffic on blogs
is real, and with the number and popularity of several
blogs, finding a good advertising deal is not too
difficult.
Finding
Upstart Ad Networks
One
of the beautiful things about the late 1990's was
the sheer volume of upstart ad agencies. Although
none of these groups were able to generate the traffic
that any of the mega agencies of today are able to
generate, these upstarts usually were able to provide
solid traffic for a true bargain in an attempt to
woo new advertisers.
Upstart
ad networks, although a lot less visible today than
they once were, can be found in a multitude of ways.
They usually do not have a lot of press around them,
and they probably have only a few quality websites
in their network, but they do exist and they can be
a good advertising outlet. More and more these networks
are focusing on vertical markets (such as an ad network
that deals only with Internet marketing). To find
a network like this, you should familiarize yourself
with the major websites in your industry. Pay attention
to who is serving their advertising (you can usually
figure this out by viewing the source of the page)
and check the rates of advertising. Most of the time
you will find a major ad network behind the ad, but
from time to time you can find an absolute steal.
New
Search Networks
With
Google Adsense, Yahoo Marketing, and the upcoming
MSN Ad Center (in Beta), it would be reasonable to
assume that search engine marketing has turned into
a virtual oligopoly. Thankfully, this is not the case.
Not only are there new types of search engines being
formed that will undoubtedly challenge search as we
know it, there are traditional search networks that
offer legitimate advertising options.
The
ISEDN
is a group of small search engines and directories
that have banded together to offer advertisers an
alternative to the more expensive search engine options.
Although the traffic of the current 150+ search engines
that make up the ISEDN is not at the level of the
major search networks, the group still boasts a fairly
impressive search volume of over 150 million monthly
searches.
Most
people would avoid advertising on a small search engine
like many of the ones found in the ISEDN due to the
lack of search volume as well as the question of whether
the vendors are offering legitimate traffic. However,
as a group, the ISEDN is able to leverage their traffic,
remove the incentive of offering bad traffic by offering
their ads for a flat fee ($4/keyword/month – minimum
3 months), and offer an ad product that can theoretically
reduce an advertiser's cost to an insignificant level.
This may be one of the reasons that the network sees
the majority of its advertisers renew after the first
three months.
In
addition to search networks like the ISEDN, alternatives
to search engines are starting to gain steam. Websites
such as Digg.com, Del.icio.us, and Wikipedia are changing
the way we find information on the Internet. While
these are not a pure replacement for search engines,
they are becoming a very popular way to find new websites.
Most of these new social network websites do not currently
offer advertising, but these could provide a very
good alternative to the major search networks in the
near future.
Be
Crazy - Relive 1999
The
web has certainly changed, and maybe no thing has
changed more than the way we advertise. The days are
gone when establishing a successful website was an
easy task.
Paid
advertising can be a quick shortcut to launching your
website. Many website owners avoid paid advertising
because it is usually expensive, and seeing a real
return on the investment can be tricky. But if you
look around, be creative, and keep an open mind, there
are plenty of bargain advertisements that can bring
quality traffic to your website.
About
This Author: Mark Daoust is the owner of
Site
Reference. This article may be reprinted
as long as all links remain active and a link to the
original article is provided. The original article
may be found here
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