Close
Close

BlogAds: Is There Life after Nov. 2?

‘The outfit, which sells ads on Web logs, has enjoyed this year’s burst of interest in political sites, but it needs a post-election plan….

‘Copeland’s company sells ads to run on more than 500 blogs, including political specialists like InstaPundit and DailyKos. After Sept. 20, he says, business went through the roof. “Watching big corporate media suffer at the hands of 100 individual bloggers, I have to admit I was happy,” Copeland says. “There was a big traffic spike and a nice gush of ads.” By some estimates, DailyKos was pulling in $20,000 per month advertising at its peak. Copeland gets a 20% cut.

But can the blog business survive without a Presidential election and gaffes by mainstream media firing up the Internet masses? Skeptics wonder, particularly since some blog sites damaged their credibility when they jumped the gun and erroneously predicted Senator John Kerry would win the election.’



Read more at BlogAds: Is There Life after Nov. 2?

Blogs a good buy for Advertisers

‘Advertisers including Paramount Pictures, The Wall Street Journal, and The Gap are successfully reaching niche audiences for a fraction of the cost of traditional advertising and a handful of bloggers are earning six-figure incomes from their blogs. Why aren’t more advertisers and bloggers getting together? Fear, ignorance and the knowledge that a lot of pioneers got shot.

With clickthrough rates in traditional online advertising dropping, inexpensive blog clickthroughs are as high as 5 percent. Blogs provide advertisers an excellent opportunity to reach a devoted audience niche for as little as $10 a week. Already, blogs like DailyKos which receives 15 million page views a month, get $9,000 a week for advertising and is sold out for weeks in advance.

Advertising on blogs is not like buying a minute on the Super Bowl says Henry Copeland, founder of Blogads, which matches advertisers with blogs. Successful blogs are edgy, have a sense of humor, and are recognized experts in a narrow niche. Blog audiences look at traditional ads, like “Click here, get 20% off,” and say “screw this, I’ve seen it everywhere,” Copeland says.’

Read more at Blogs a Good Buy for Advertisers but Fear and Ignorance keep media buyers away

The World of Contextual Advertising

Puneet Mehrotra has a good article introducing the The World of Contextual Advertising. He writes – ‘How much? Good question. I know of webpreneurs whose earnings range between $200 to $2,00,000 per month. Of course, it’s not child’s play. But no one said earning big bucks is a child’s play!…’

‘So what’s the next boom. Well the web pundits are saying it’s going to be behavioral advertising, where anonymous monitoring and tracking the content viewed, and length of visit are databased and analysed to predict an online behavioral pattern for the user. My say, well I doubt, complicated things seldom do well. And with most computers getting condomed by the day with firewalls and blockers and not to mention privacy violation litigation, I doubt if such a model would succeed. Well, that’s just my say, time will tell what will do well. But yes contextual advertising is definitely there to stay. Notepad is still the favorite editor, no application in the world has been able to replace it so far. SMS is still the favorite text-messaging tool. Bells and whistles might pretend to make noise but simplicity sings its own song.’

Read more at The World of Contextual Advertising : HindustanTimes.com:

[Read more...]

Micropayments and Blogging

When I was in my first year of high school I met a guy who would change my life – ok he didn’t really change it, but he taught me a lesson which I still use today in my pro-blogging. He taught me that if you aim small you can actually make it big! Indulge me if you will as I reminisce about my friend Trent.

My most vivid memory of Trent is in an Aussie Fish and Chip shop. For some reason our class was out on a field trip on this particular day and our teacher had taken us to a Fish and Chip shop to get some lunch. We’d all been told to bring a $2 – $3 dollars to get our lunch but as usual Trent hadn’t brought any money.

Trent wasn’t the most organized person in the world and I suspect money wasn’t flowing at home and so he’d developed this wonderful skill to get by when he needed money in such situations as this.

He waited until everyone else in the class had ordered and paid for their fish and chips and then he proceeded to move around my class mates asking if they could spare a few cents. He did it in a funny/clownish kind of way and made most of us laugh in the process. Most people gave him a few cents, no one gave him more than 20 – but when he’d finished his rounds of classmates and fellow customers and the time came to order Trent proceeded to the counter and placed an order that made the rest of us look like we were just having snacks. He’d collected $3.50 – more than enough for lunch – and probably a snack on the way home after school.

None of Trent’s classmates really minded about his good fortune – after all it hadn’t really cost us much – but when added all together our spare change was significant in Trent’s eyes. Trent was ahead of his times – a forerunner in the Micro-Payments industry.

The theory is simple – get enough people to give you a small payment and you’ll earn a significant income.

[Read more...]

Blog Advertising – Fear and Ignorance Keep Media Buyers Away

Advertisers including Paramount Pictures, The Wall Street Journal, and The Gap are successfully reaching niche audiences for a fraction of the cost of traditional advertising and a handful of bloggers are earning six-figure incomes from their blogs. Why aren’t more advertisers and bloggers getting together? Fear, ignorance and the knowledge that a lot of pioneers got shot.

With clickthrough rates in traditional online advertising dropping, inexpensive blog clickthroughs are as high as 5 percent. Blogs provide advertisers an excellent opportunity to reach a devoted audience niche for as little as $10 a week. Already, blogs like DailyKos which receives 15 million page views a month, get $9,000 a week for advertising and is sold out for weeks in advance.

Advertising on blogs is not like buying a minute on the Super Bowl says Henry Copeland, founder of Blogads, which matches advertisers with blogs. Successful blogs are edgy, have a sense of humor, and are recognized experts in a narrow niche. Blog audiences look at traditional ads, like “Click here, get 20% off,” and say “screw this, I’ve seen it everywhere,” Copeland says.’ Read more at Blogs are a Good Buy for Advertisers but Fear and Ignorance Keep Media Buyers Away

The rise of Micropayments

Clickz has an interesting study into the rise of micropayments which might be of interest to some bloggers. My experience of blogging is that its hard to get much in the way of big payments in one’s income stream but that one way forward that many of us are exploring is to generate many small payments which all add up to something more substantial. If you could get each person who visits your site to pay (whether directly or via advertising) a few cents – over time it would add up. Micropayments in my opinion could be the way of the future and are a particularly relevant topic for ProBloggers. The article reads:

‘A study of 1,112 Americans aged 12 and older, conducted by Peppercoin and Ipsos-Reid, found 17 percent of survey respondents saying they’d use a non-cash form of payment (credit, debit or charge card) for purchases under $5. That percentage, according to the pollster, equates to some 37 million Americans.

The survey also found more than 14 million Americans made digital content purchases in the past year for less than $2. That represents a 350 percent increase over the previous year (2003 — 4 million; 2004 — 14 million). Of the 14 million people who purchased items costing under $2, approximately 1.4 million consumers purchased such items from five or more Web sites.

“In the physical world, we were surprised to see how much value and benefit consumers realize from using credit cards. They want to use them for their everyday purchases,” Perry Solomon, VP of strategy and co-founder of Peppercoin, told ClickZ Stats. “Specifically, they want to use them for the everyday purchases that they make many times a month, such as for coffee, fast food, vending and parking. This shows that consumers feel comfortable with the speed, convenience and security of electronic payments.”‘ Read more.

Study: Growth in Worldwide Ad Spend Led by Internet

Online expenditure on Advertising is expected to continue to rise according to this report:

‘U.K.-based media research firm ZenithOptimedia expects the growth of Internet ad expenditures to outpace other media worldwide, while advertiser confidence holds steady.

According to ZenithOptimedia’s quarterly global ad forecast, over the next two years, newspapers, magazines, radio and outdoor advertising are expected to lose about 0.1 percent of share each, while cinema will hold steady. Meanwhile, TV will gain 0.1 percent of share while the Internet adds 0.5 percent, according to the forecast.

Internet advertising has accounted for 3.5 percent of display advertising revenue this year, compared with 3.2 percent in 2003. ZenithOptimedia expects it to account for 3.7 percent in 2005 and 4.0 percent in 2006. By contrast, television leads other media in 2004 with a 37.6 percent share, followed by newspapers with 29.9 percent, magazines with 13.5 percent, radio with 8.8 percent, and outdoor with 5.3 percent. Global Internet advertising leads only cinema, which holds a 0.4 percent share.’

Read More at
Study: Growth in Worldwide Ad Spend Led by Internet

This is yet another pointer to the fact that blogs are positioned nicely to be an income earner – the big challenge is to find advertising tools that help turn potential advertisers in the direction of Bloggers as well as more established web sites.

Kanoodle BrightAds Challenges Google AdSense

‘Kanoodle, provider of sponsored listings for search results and content pages, today announced the launch of BrightAds™, a self-service tool for small- to medium-sized content publishers that will enable them to run Kanoodle’s content-targeted sponsored links on their sites. With the launch of BrightAds, Kanoodle enters the market of competing against Google AdSense to secure small and medium sized publishers.

A unique benefit of BrightAds is that it maps ads by “topics” rather than keywords, which prevents core keyword mapping challenges and provides publishers with ads that are more relevant to their site’s content. This protects the editorial integrity of publishers’ sites, ensuring that the ads appearing on each page are directly related to the context of the reader and are not dependent on arbitrary keywords.’

Read More at Search Engine News Journal » Kanoodle BrightAds Challenges Google AdSense

Online Advertising Continues to Increase

In the finance segment on the ABC (Australian National) News tonight there was mention that the last quarter had seen advertising in Print and TV media have a down turn. Correspondingly there was an increase in Online advertising for the same period which has to be heartening news for those of us exploring online revenue streams.