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