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Masters of Marketing - Lifecycle Performance Pros

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How To Make Banner Ads That Get Up To 15 Times<br />

(Or Higher) Today’s Average Click-Through Rate<br />

(And Bring Genuine <strong>Pros</strong>pects,<br />

Not Just Curiosity Seekers, To Your Site)<br />

"Throughout May (1998), users clicked on roughly 1 percent <strong>of</strong> the ads displayed<br />

Webwide, according to NetRatings Inc. (www.netratings.com). By the final week<br />

<strong>of</strong> October (1998), that click-through rate had declined to one-half <strong>of</strong> 1 percent,<br />

according to NetRatings."<br />

Now that number is down to .15%, according to a 1999 CBS MarketWatch<br />

article, reported in eMarketer ezine, April 1999 - just one and a half people in<br />

1000 click on any given banner ad whenever it shows up anywhere on the web. I<br />

don’t know what the industry estimates are now.<br />

Look - any "industry average" is not only going to be a rough estimate, it’s also<br />

going to be a number which rolls too many things into one. It’s a combination <strong>of</strong><br />

good banners, bad banners, overexposed banners, banners on networks or<br />

specific websites, banners targeted at all types <strong>of</strong> markets, and in a lot <strong>of</strong> cases,<br />

banners which are not targeted at all.<br />

I’m going to explain to you how to avoid being banner ad roadkill in the midst <strong>of</strong><br />

these falling click rates. When you read about banner advertising in magazines<br />

and on websites, you can get easily confused by arguments about "branding".<br />

Every once in a while you’ll hear "The banner is dead." Sounds like a political<br />

slogan ... emotional, hasty and ... meaningless.<br />

Banner advertising deserves far more respect than it’s getting, but frankly I’m<br />

happy to have the world in general totally misunderstand it. I’m concerned about<br />

making money from banners, and helping my customers and clients make money<br />

from banners. That’s all. Just so long as I can buy targeted banner advertising<br />

and continue to make money from it, the rest <strong>of</strong> the world can think whatever it<br />

wants to.<br />

And before going any further I want you to know that I’m certainly no workaholic.<br />

I’m not going to describe anything intense here. You’re not going to have to hire<br />

people.<br />

When I wake up in the morning, the first thought in my head is not "Awesome,<br />

another 16 hour workday, I can’t wait. First I’ll spend a few hours trying to track<br />

down reliable information about how all the specific parts <strong>of</strong> my Internet business<br />

are doing. Then a few hours trying to manage relationships with affiliates and<br />

other website managers and ad departments. Then I’ll force myself to learn just<br />

enough to take care <strong>of</strong> some massive crisis in one <strong>of</strong> our perl scripts because I<br />

can’t find any programmers to help me. And finally, every once in a while I’ll<br />

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