Advertising is and always will be one of the most valuable business tools to achieve greater brand visibility and business growth.
The problem is, in our digital world, traditional avenues such as print and other offline avenues are returning less ROI and less engagement.
It is now essential that businesses find ways to reach the audience where they spend their time – online.
Many social media and web based platforms have been working to determine the most effective way to take advantage of the millions (in some cases, billions) of eyes that pass over the web every day.
Pop up and banner ads were introduced as a way to provide a platform for businesses to take advantage of the floods of people that were diverting their attention to online media.
But those ads weren’t always deemed effective even by the big brands that had access to these early stage platforms because there was no to control who was seeing the ad making the return on ads run to unqualified buyers extremely poor.
But there’s good news!
Over the past couple of years, online advertising has been growing and maturing to become the most powerful tool for targeting qualified leads and putting your business in front of them.
In other words, advertising is a numbers game.
It’s all about reaching the most relevant eyes possible with the smallest amount of financial investment.
With today’s digital advertising options, it’s now possible to target ads precisely by demographic, behavioral, and even psychographic information.
And even better, you can measure the reach and effectiveness of ads with campaign metrics and web analytics!
Rather than making your ad available to a wide audience and ‘hoping for the best’, you can get your ad in front of a ‘warm’ audience with a HUGE potential for conversion!
This makes online display ads infinitely more valuable than any other traditional advertising medium.
So why should you, the local business owner, care?
Targeted display advertising can be focused to a local geographic area down to a 15 mile radius around a zip code.
Compared to radio or print advertising which is often spread over 100s of miles, this form of advertising is not only more cost effective but it is PROVEN to generate qualified leads in your area.
When comparing the cost to reach 1000 prospects, it’s $1.50CPM for display ads as opposed to $4.50CPM for radio and $350CPM for direct mail.
But let’s be honest, any new form of advertising is scary so I’m going to let you in on a little secret…
The key to taking full advantage of display ads is to create ads that not only gets the word out about your product or service but do so in a way that also enhances your brand image. Your ad has to be created in a way that will convert AND feels valuable and beneficial to your audience.
Watch this recent webinar and email with any questions you may have.