Posts Tagged ‘classified ads’
Marketing you web site – Part 2 – Using banners ad and classified ads
Using Banners to market your web site
Banner advertising is on just about every web site you visit today. Banners are a form of advertising. This advertising is used to help pay for the site and help make the owner money. Regardless of the type of business or web site you have, you can use banners to help increase your income. The advertising revenue generated from banners falls into 3 groups: Pay Per Impression (PPI), Pay Per Click (PPC), and Pay Per Sale/Lead (PPS).
Pay Per Impression
With PPI banner advertising you are paid each time your advertiser’s banner is shown on your web pages. A term CPM is often used with banner advertising. It means cost per thousand, which basically means you will be paid $x.xx for every 1000 banners displayed to the visitors of your web site This is the easiest method to earn money with as every time someone visits your web site you get paid. However, this is not used very much and is very easily abused. If you have a 1000 visitors per day and are paid $5 per thousand then you make $150 per month. As an advertiser you do NOT want to use PPI. It would be like paying the newspaper or phone company money every time they said someone opened the newspaper or phonebook.
Pay Per Click
With PPC banner, you are paid more than with PPI but only when the visitor actually clicks on the banner rather then just seeing it. With PPI you many be paid $5.00 CPM (per thousand) and with PPC you could be paid $5 per click. However, not as many will click on the banner. Banner design has a lot to do with what we call the conversion rate. That is basically how effective is the banner. Conversion rates for banners is usually less than 1%. A very good banner may have a 5% conversion rate. Remember that is a passive income stream. It is working around the clock and requires no work on your part. So, if you have 1000 people a day coming to your web site and you have a 1% conversion rate with a payment of 50 cents per click, you could be earning $150 a month just for having the banner there. As an advertiser this is a little better than PPI. At least now the visitor is on your web site and you have a chance to gather information about them and possibly sell them your product or service.
Pay Per Sale/Lead
PPS banner advertising using pays the highest dollars of these three methods, but only generates income when the advertiser makes a sale to someone visiting from your web site It will have the lowest conversion rate of the three. PPS banners only work well for the web site owner if the advertiser does a good job with the banner design (creating a desire to click), selling (presenting information), and closing (getting the sale). None of these do you control directly. Selecting PPS advertisers for your site should be well thought out. As an advertiser, this is the preferred type of banner advertising.
Where to find advertisers
I think the best place to find people that want to place banner ads on your site will be the affiliate programs. This is also a good place for you to advertise that you would like to place banners on others sites as well. Read the pages carefully. Banners can be expensive if you don’t generate any sales.
If you have friends or business associates that you do business with you can ask them if they would like to place a banner on your site or if you could place a banner on theirs. These exchanges become more and more popular as your site becomes more popular as well.
A new source for banner ads are from the major search engines. Google Adwords are probably the best known new source for advertising on a pay per basis. This works both ways. You can pay to have your ad/banner placed on others sites as well as have other web site ads placed on your site. When your ad is displayed and someone clicks on it they will visit your site and you pay Google for the visit. When you allow Google to place ads on your site and someone clicks the ad, you get paid.
In the resource section of rd-webhosting.com you will find more information on using banners to market your website.
Using Classified Ads to market your web site
Classified ads are just like in the newspaper. They are small detailed ads that offer your product or services and provides a contact (your email or web site). A quick search on Yahoo for classified ads will find over 58,000,000 entries for sites and people who will either sell or place your classified ads on their web sites.
Classified ad sites fall into two categories: Free and Paid. Free sites should be avoided. BE CAREFUL… most free classified ad web sites. are farming your email address to sell to others. You will find you email box loaded with tons of offers and once it starts it will never stop. Paid classified web sites, however, can be like having a store in the world’s largest shopping mall for pennies a day in rent.
One of the largest classified ads web sites is…eBay. Think about this. For about 30 cents an ad (item to sell) you get listed for one week where over 1 million people a day come to shop. I have more information on eBay and other auction sites under Web Basics.
There are other forms of advertising as well. One of which we discussed before was newsletters. Others include, your email signature, banner ads, ebooks and affiliates. Each are discussed here. Click on the Marketing Resources to review each form of advertising.
This is part one of a multi-part series of Marketing you web site. Please visit us at rd-webhosting.com for the rest of the series. In the next section we will cover marketing you web site using email, e-books, letterhead and magazines. More information on marketing, website design and other areas of Internet Business can be found at rd-webhosting.com in our resources area.
Don’t Build That Website
It never ceases to amaze me how often new webmasters set about their online business at the start without actually having clearly defined strategies on how to market and promote the website and the product.
Now this article is for internet marketing newbies, so the strategies for website promotion are fairly basic therefore experienced internet marketers are under no compulsion to proceed.
If you are a newbie, however, please pay attention as these website promotional strategies are what you will need to employ over and over again every time you have a new product to promote. Apply these basic techniques and the bedrock of success is laid for you.
Remember, no traffic, no sales.
Free listings in Search Engines: Everyone loves to get something for free. The same applies to free traffic.
Consider building a keyword list related to your product before you build your website. This way, you write your website content crafting in those keywords for which the site needs to be optimised. Don’t overdo it though as the search engines are becoming too smart and may think you are attempting to trick them. The more pages you have, the easier it is to have your site optimised for your chosen keywords.
Pay Per Click Advertising: Here the search engines list your site based on your bid for a particular keyword(s). Your position in the search listing strongly depends on how much you are prepared to pay for those keywords and the bidding price is also dependent on the popularity and competitiveness of your niche. This Pay Per Click (PPC) listings are the ones you see on the right side of your screen in the search results in, for instance, Google and Yahoo who now own Overture.
It’s always a good idea to know your website statistics especially conversion rates to determine how much you will be prepared to pay for those keywords &ndash what I call your bid price affordability. This way you don’t operate your PPC Campaign at a loss.
Know Your Numbers!
Ezine Advertising: You search for popular ezines (these are electronic magazines or newsletters) in Google or Yahoo by entering Keywords ‘ezines directory’.
Visit these directories and look out for ezines that fit your products and also the subscription base of those ezines. You then choose to place Solo ads, Sponsor ads or Classified ads on ezines of your choice at an agreed price. The choice of which type of Ad and what ezine(s) to place your Ad would depend on your personal preference and your budget as well.
Linking Your Website: You need to set out linking strategies that can boost your business in two ways. First is that the more links you have, the more the search engines will rank your site and consequently your position in the organic search engines. Secondly, you get traffic deservedly from your link partners website. I’m sure you will welcome targeted free traffic from any source.
Affiliate Marketing: Affiliate program are a great source of free traffic and income at no cost to your good self. Affiliates are business partners who sign up to sell your product for an agreed commission. You can make a fortune on the internet from a great product if you have tons of affiliates working for themselves and you. An affiliate software is necessary to track your affiliate sales, visitors. Don’t forget to provide your affiliate with marketing tools and training materials to assist them.
Offline Advertising: This is quite often ignored. Just because your business is online does not mean you cannot generate traffic offline. You will be surprised at how potent this weapon can be. Write Press Releases about your product, Product review etc and send it to editors of newspapers and magazine. The one I love most is what we refer to as web ad. Here you use classified ads in newspapers and magazines to drive traffic to your site.
These are basic strategies you must have mapped out before commencing work on your website. This way you can start marketing the very day your website goes live.
Always think marketing first.