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Online Advertising – 5 Myths to Overcome

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There are a lot of misconceptions about online advertising that can cost an unsuspecting individual to spend lots of money with nothing to show in return. A return on investment is the most important objective for line advertising and when you are aware of the myths and facts associated with online advertising, you’ll optimize the use of your advertising dollars.

Before you leap into the world of online advertising, there are a few things you should know. Understanding how the online advertising strategies work and where you can fall short will help you to make the wisest decisions and choices for your online business.

Myths and Facts

Myth #1: Online advertising allows you to relax, sit back, and watch the traffic flow.

Fact: Online advertising can bring a wealth of visitors and increase conversions on your website – but ONLY when you proactively and consistently evaluate its’ effectiveness. Creating banner ads, contextual advertisements, and other types of online advertising is the first step. But you can’t just sit back and wait. You must evaluate the effectiveness of your ad campaigns and identify what is working and what is not.

For example, if you’re not getting traffic from your banner ads, is there a problem with the graphics, text, or other components. Find out what is not working and make changes to make it work for you. Not every online advertising vehicle works well for every website, so finding what works for you makes solid business sense.

Myth #2: You can create your advertising using keywords today and you’ll have traffic flowing and sales mounting forever.

Fact: Keywords are an essential part of most any online marketing strategy. Keywords are essential for search engine advertising, contextual advertising, and all other types of online advertising. But keywords need to be continually evaluated and tested to ensure they are still effective.

Use the online tools available through the search engines to find out what people are searching for. Make sure you’re optimizing keywords for this purpose. And don’t forget that keywords evolve and change over time so keep your fresh and current.

What works today may or may not work tomorrow so make sure your keywords are still working for you!

Myth #3: Online advertising means no other type of promotion is necessary.

Fact: Online advertising is only ONE component of an effective online marketing strategy. There are many ways to promote your business and your brand. Ensuring the effective use of keywords for search engine optimization (SEO) should always be a top priority. Since over 80% of people who use search engines will only click on the top 3 results or the first page of SERPs, then you need to stay on top.

Article writing, participating in forums, and joining social networks are also ways to enhance your position online. You can use these opportunities to promote your products and advance your online advertising strategies.

Myth #4: Once your online advertising strategies have visitors coming to your website, your work is done.

Fact: Once people click on your ad, your work has just begun! Your website must offer them what they want and need. It must be easy to find what they are searching for and they should always land on the page that is most relevant to their search.

Making your website ‘sticky’ so people stay once they land on the page is important. People only have seconds to decide if they like a page or website, so make it engaging. Offer them deals they can’t afford to pass up and if possible, give them something that keeps them coming back. A free eBook, white papers, discount coupons, free newsletters, or something of value will keep them as long-term customers.

Don’t assume your online advertising is the end of the line when it comes to finding and keeping customers!

Myth #5: Although traffic is increasing but conversion rates are not increasing, my online advertising strategies are not working.

Fact: While this may be true, it is not necessarily the reason that your conversions are not increasing. Maybe your ads are engaging and compelling enough for visitors to come to your site. But maybe you’re not offering them what they want and need.

Is your ad misleading or irrelevant? Maybe your website is stale and boring or products are outdated. If you’re not maintaining a dynamic website with fresh, unique content and great product offerings, then customers won’t stay and they definitely won’t buy!

Make sure your website is dynamic, keyword rich, and full of fresh, unique content. Make sure your products are relevant to your keywords and you have something of value to offer. Test your pricing strategies and evaluate your competition to make sure you are competitive with what you have to offer. If your prices are higher, clearly articulate why they are higher quality, more effective, and offer increased value.

Don’t assume that no increase in conversion rates is attributable to your actual advertising strategy. Evaluate your overall marketing strategy, website design, and business objectives to truly identify what is working and what is not.

Rely on facts

Don’t rely on assumptions and myths to guide your online advertising efforts. Get the facts and use them to optimize the use of your advertising dollars. Take advantage of new mediums for advertising and keep up with what’s new. Optimize technology to make your work easier and your business more rewarding.




 

Advantage Of Online Advertising News

e-Commerce Stock Outlook - Feb. 2012 - Zacks.com


e-Commerce Stock Outlook - Feb. 2012
Zacks.com
For instance, the initial push came from the time savings and convenience of online transactions. To this were added the benefits of comparison shopping and personal recommendations. As technology required for personalized recommendations developed, ...

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Gannett newspapers to start charging for online access - Globe and Mail


Globe and Mail

Gannett newspapers to start charging for online access
Globe and Mail
She said its close ties to local advertisers gave it a “home town advantage” over digital upstarts. Vikram Sharma, chief digital officer, said Gannett could build a digital marketing services business with revenues of $275-million to $350-million (US) ...
Indiana Papers to Charge For Online ContentInside INdiana Business (press release)

all 42 news articles »

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AdRoll Hires Google Sales Director Suresh Khanna - TechCrunch


AdRoll Hires Google Sales Director Suresh Khanna
TechCrunch
Aiming to become one of the giants of online advertising, ad retargeting startup AdRoll has hired Googler Suresh Khanna as its vice president of sales. In nearly six years at Google, Khanna held a number of roles. Most recently, he was director of new ...

and more »

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Online Data Helping Campaigns Customize Ads - New York Times


Online Data Helping Campaigns Customize Ads
New York Times
Versions of the two ads were seen online in Florida, Iowa, New Hampshire and South Carolina. Kenneth M. Goldstein, the president of the Campaign and Media Analysis Group at Kantar Media, part of the advertising giant WPP, said Mr. Romney's directed ads ...

and more »

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Twitter adds another wave to the small business marketing ocean - Boston.com (blog)


Twitter adds another wave to the small business marketing ocean
Boston.com (blog)
The latest installment of this game happened this week when it was announced that Twitter would be opening up it's advertising platform to small and medium sized merchants, allowing these groups to take advantage of opportunities that only Fortune 500 ...

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