Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media...

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Online Advertising Greg Lackey

Transcript of Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media...

Page 1: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Online AdvertisingGreg Lackey

Page 2: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Advertising Life CycleThe Past

Mass mediaCurrent

Media fragmentationThe Future

Target marketAudio/visual enhancements

Page 3: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Source: www.webtvwire.com

Page 4: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Why Use Online Advertising?ImmediateCost-effectiveMeasurableAudio/visual responsiveGrows the brandDelivers sales

Page 5: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Source: www.profy.com

Page 6: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Types of Online AdvertisingBanner ads (Double-click)

Audio/Visual Ads (Flash)

Search linked ads (Google Adwords)

Context linked ads (Google AdSense)

Social Advertising (Facebook)

Page 7: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Audio Visual AdvertisementsRich media ads are viewed six times more often than non-rich media ads

More interactive than standard banners

Flash ads increased brand awareness by 71% for 3 different sized ads

Page 8: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Search Linked AdvertisingVery good performanceRapid growth but small part of

marketHighly effectiveRelevant, yet not obtrusiveHas expanded rapidly in last few

yearsExpectation of further growth…

Page 9: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.
Page 10: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

How Google Ads WorkAdvertiser bids on search termsTraffic Estimator

OrderingAds ranked by bid multiplied by estimated CTR

Puts best ads on top of page

Page 11: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Setting Up A Google AdChoose your creative text

Standardized sizeChoose your keywords

Exact, broad, phrase, negative keyword

Choose your max CPC Set daily budget

Page 12: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

TechnologyEngine to match ads to queries

Choose most relevant ads using various criteria

Returns up to 10 ads to show on a page

Promotion policy: depends on CTR performance and CPC

Page 13: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

PaymentPrice you pay depends on bidder below youPay minimum necessary to keep you

above that person

Why not pay your actual bid?Would then want to cut bid to just

enough more than adv below you to keep your position

Page 14: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Increasing RevenueIncrease CPCIncreasing coverageIncrease depthIncrease CTR

Page 15: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Social AdvertisingReach millions of social networking site users

Micro-target select groups of people

Choose CPM or CPCCreate multiple ad campaigns

Page 16: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Facebook AdvertisingImage and text based ads175,000,000 active Facebook users

Target by demographicsMicro-targeted advertisements

Page 17: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

Advertiser OptimizationGain insightTrack your progressDetermine your value per click

Make text/picture modifications to maximize your results

Page 18: Online Advertising Greg Lackey. Advertising Life Cycle The Past Mass media Current Media fragmentation The Future Target market Audio/visual enhancements.

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