Tag: google

MixRank: see your competitors’ most successful ads


 

 
Do you have competitors who advertise online? What a stupid question. Yes, of course you do. If you want to get the most out of your advertising, you need to be acutely aware of what your competitors are doing. You’ve probably got at least several dozen competitors, all constantly creating, testing, and optimizing ads and buying space on new websites. If you can find out what’s working well for your them, you should probably try it yourself.
 

Detail on a banner ad being run by Shopify.com.
 
MixRank gives you data on where your competitors are advertising and which ads are working the best. Just go to MixRank.com and type in any keyword or company URL to get a full competitive report. You can see search ads, display ads, basically anything that runs on Google (and they’ll be adding more ad networks soon).

Let your competitors spend the money to figure out what works best and then reap the rewards of their trial & error.

We’re not encouraging you to plagiarize your competitors’ ads (you’re better than that), but if your ads are under-performing (which you found out by going to MixRank), you might be able to look at your competitors’ best-performing ads get some insight into what’s resonating with your target audience. And if a competitor is getting an insane CTR on a website that you don’t currently advertise on, or with a keyword you’re not using, well then maybe you should start.
 

Detail on Shopify.com’s text ad performance.
 
Best of all, dear Internet people, MixRank is totally free. If you want to get serious, you can upgrade to MixRank’s paid version and get a helluva lot more data on your competitors.

May the best ads win!
 

Time for Self-serve Ad Platforms to Circle the Wagons?


 
Today ADOTAS.com saw fit to let me weigh in on the security and liability implications of Google’s apparent $500 million settlement with the Justice Department.

I doubt the self-serve ad world is going to come crashing down under pressure from government lawsuits, but it should give everyone a reason to ponder the implications of taking money from sleazy advertisers. With money at risk, self-serve ad platforms, and the online advertising world in general, may be a bit more judicious in choosing their clients and passing on the shady ones.

I think overall, a purging of scammy advertisers would be good for online advertising. It would raise the overall image that online advertising has. Despite some people’s privacy concerns, online advertising still has a tremendous amount of untapped potential to efficiently target the right ads and offers to the right people at the right time in the right place, and so on and so forth (as opposed to television, which gushes a never-ending stream of irrelevant, tacky ads no matter what your individual buying habits are).

With a lower proportion of shady ads, you might also see people click on ads more often. Any market economist will tell you, there’s nothing like trust to grease the wheels of commerce, and a lack of trust to bring everything to a screeching halt. If retail banking were like the internet, you could never be very sure whether a bank branch was just a phony facade trying to sell you counterfeit Certificates of Deposit. But it’s not. Why? Because of strict government regulation and the threat of punishment if banks engage in criminal behavior.

I’m indifferent to the particular case against Google…I have no idea whether Google did anything wrong. But if government oversight makes it easier for my company to make a legitimate buck on the web, then I’m all for it.

Anyway, go and read the column here.
 

Canned Banners mentioned in lecture: “Unraveling the Mysteries of Online Advertising”

Ad operations consultant Rainey Smith gave a lecture recently entitled “Unraveling the Mysteries of Online Advertising.” It’s full of really informative stuff for web publishers, bloggers, and website owners on how to sell and run ads on your website.

And who does she recommend as an easy, fast, do-it-yourself solution for designing banner ads? You guessed it: Canned Banners. We’re mentioned at about 27:00.

Grab some popcorn and have a look-see:
 

 
Seriously, this video is interesting to watch whether you run your own website or blog or whether you’re an industry insider who just doesn’t know much about the nuts and bolts of what it takes to run ads on a website. The above video (and many other good ones) can be found on UC Berkeley’s website here.

If you’re thinking of selling ads on your website and don’t know where to start, we’d advise contacting Rainey here.
 

Why you should advertise online with banner ads

Canned Banners provides any business (small or large) with the tools to create a professional-looking ad quickly and on a low budget. But it’s perfectly reasonable to question why your business would want a banner ad in the first place.

The little text ads along the right side of Google search results (otherwise known as AdWords) may not be very nice to look at, but they have helped hundreds of thousands (if not millions) of businesses reach new customers. You set a budget, type a few lines of text to create your ad, and you don’t pay any money until someone actually clicks on your ad. There’s very, very little risk, which is what makes AdWords seem like such an attractive option—why would you need anything else?

However, text ads are only able to communicate a very limited set of attributes about your business. Let’s say you run a wedding planning business and you decide to start advertising online with AdWords. What exactly do you say about your business to make your text ad different from all the others? Do you say you’re the “best?” The “cheapest?” Do you have “the most friendly service?” All the other ads will say pretty much the same thing—no one is going to say they’re “the worst” or “the meanest.”

I just searched Google for “wedding planners” and these are the top four ads along the right-hand side. Which one would you click on? They all look pretty much the same to me:

You can’t begin to convince people that you plan beautiful weddings without showing them pictures (or video). And in order to ever see your pictures, people would first have to click on your text ad.

And if no one clicks on your text ad, they will never, ever remember your business. If you use Google or Yahoo! on a regular basis, you have probably seen hundreds upon hundreds of little text ads, but can you remember any of them?

Banner ads solve both of these problems. Banner ads allow you to show people images along with your text. You can add beautiful photos of weddings, along with a nice logo that will make your business look completely professional and sophisticated. For example, here’s a banner created using Canned Banners:

 

 
People actually remember seeing banner ads. They may not click your banner ad when they see it, but when they need your services later, they will look you up on Google. This phenomenon has been seen in recent research. When people see your banner ads, they are more likely to look for your company later (actually, we have a blog post that explains how this works).

Ultimately, your online advertising should be a mixture of both banner ads and search engine ads like Google AdWords. But my point remains the same: banner ads are very important in developing your business’ “image” online.