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Small Business owners weigh in on ROI in Banner Ads

While small businesses report low ROI on banner advertising, research shows that campaigns require innovative strategy to appreciate elevated consumer interest.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Dec 07, 2009 -
In 2010, small  businesses will use fewer banner ads in their internet marketing campaigns  according to a survey conducted by Vertical Response. The survey, that talked  to 831 small business owners (632 with a staff less than 10), indicates that  54.2% do not plan to use internet marketing budgets for banner  advertising.  However, 68.4% do plan to  increase social media marketing efforts, and a whopping 96.2% plan to use e-mail marketing.  Nearly one quarter (23.8%) felt that  Internet Marketing "...was the tool most  needed for small business to succeed in 2010."
Small Businesses  can only model themselves after the extensive2009 internet marketing campaigns  & consumer purchasing data conducted by the bigger names.
The Daily Beast, news reporting  website has started to integrate banner ads within the website content."Banners are small and standard, and have  been in exactly the same place for so many years it's an easy user behavior to  ignore them," said Caroline Marks, GM, "We felt the need to challenge the existing product set and look  for new products to help advertisers leverage the benefits of  interactivity."
Digg, ratings website, now permits consumers the  ability to "digg" banner ads in the same way they "digg" other website content.  Chas Edwards, the chief revenue officer says, "We need to find ways for brands to borrow the grammar of the user  experience."  
Meebo, the chat website, uses custom banner  ads - the ads start out as the traditional 728 x 90 size, but then expand to  900 x 400 when a user clicks on it. "With  the Web awash in ad impressions, there's a need to stand out in the  market," said Martin Green, CIO.
Despite the belied by small  business owners that banner ads are ineffective, website consumers seem to disagree.  A May 2009 survey of  1575 users, commissioned by iProspect, showed that a significant number DO  notice banner ads, even if they do not click them.  Almost half of them (49%) said that they eventually search for a  product or service that they saw advertised, and 38% go to a related website  after performing the search. Reports like this show that small businesses need  to put more thought into their banner ads. It is imperative that getting  creative with banner location within website  content, using more appealing graphics, and a thorough analysis of consumer  trends will clearly optimize banner ad investments.
By Kimberly Stanley

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DPS Technologies is a 30 year old trusted Global Enterprise for BPO, KPO, Data Entry, & Internet Marketing Solutions. We have received national press on several public networks including CNN & CBS.

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Source:DPS Technologies
Address:DPS America Inc
:New York, NY 10002
Zip:10002
State/Province:New York
Country:United States
Industry:Marketing
Tags:, , , ,
Last Updated:Dec 07, 2009
Shortcut:http://prlog.org/10441389
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