July 13, 2010 4:22 PM PDT
Hi Leslie,
I don't know your market size, but regardless, my advice is, Keep it simple.
Pick two or three IAB-standard sizes (
http://www.iab.net/iab_products_and_industry_services/508676/508767/Ad_Unit) and make sure they're integrated into your website.
Offer "ROS" (run of site) plans, where an ad appears, or rotates through, all your pages. Set up page sponsorships for affinity clients - e.g., funeral home for the obits page, etc. Avoid cherry-picking - it limits your revenue and the client's exposure.
Pricing, as you've seen from other responses, is all over the place. It depends on the perceived value of online advertising in your market. Whatever that is, you can charge more because radio is so effective in driving online traffic.
Video is great; you can use YouTube - it's free and easy, but can leach visitors from your site - or a service like AMFMVideo, that is free, a liitle more involved to set up, and keeps visitors on your site. Pricing? More than your local cable operation ... but with limited inventory.
There is so much to say on this subject, but I'll leave you with this: avoid discussions about statistics! Here's why:
1. Live by stats, die by stats.
2. They turn a relationship into a transaction.
3. They are widely misunderstood by both buyer and seller. (Your "hits" can be a huge number, but if you know what a "hit" is, you'll know why they're irrelevant. For self defense, check out
http://onlinebusiness.about.com/od/onlinebusiness101/tp/online-business-glossary.htm.)
4. Web stats are far easier to manipulate than you think.
5. As with radio ratings, web stats have little bearing on your ability to get people to the advertiser's door, primed and ready.
Good luck!
Jay
July 15, 2010 8:52 AM PDT
Jay:
I couldn't agree more with the ROS concept for the web. Do you do this manually or with a software program?
March 8, 2012 12:05 PM PST
Hi Matthew!
I would love to see a copy of your one sheet for this promotion!
March 8, 2012 2:06 PM PST
Would love to see the 1-sheet mentioned above. Please send to [email protected].