How Real Time Bidding Can Help Your Business
With all the changes the internet has been through in just the last 5 years, trying to find a strategy to maximize your advertising dollar can be a desperately confusing prospect. Used to be, banner ads were the height of advertising, paying off in click-throughs and views, but with the new technologies and the prevalence of broadband, that strategy has shifted off the grid. Static ads are almost a thing of the past with Flash and video bringing real time advertising to the forefront.
The most important thing now is getting the right ad shown to the right people. With real time bidding, the ability to put local video advertising in front of a viewer in the area becomes possible. It's no longer about luck but strategy when placing an ad with targeted data to suite the veiwer. With banner ads and static adspace, local ads reaching the right audience is a matter of statistics, and not very good ones at that with the ability to pull cookie data and IP addresses from a user's browser that enables targeting.
No matter if it's interest based or regional, the advertiser can have the ad be targeted to specific groups to be seen. With the data accumulation processes in place, the ability to define these parameters is a matter of facts, based on IP data and usage. Local advertising thus becomes possible since the advertiser can place ads to match those parameters. This saves time and money since ads are generically placed and impression charges only get tallied when the ad is used. Being able to target audiences with bidded ads becomes a very cost effective model.
Taking advantage of this kind of targeting also provides content sites with a better model as well. By not having to pay for impression after imperssion without results, the advertisers will no longer be unsatisfied with statistical ad models. Advertisers are much more likely to work with a site that can deliver their ads to the audience they need to reach instead of a generic audience that won't click through to the offer. With the impressions reaching the targeted audience, advertisers are more likely to pay for the impression rather than the click throughs. Click-throughs were the only way to know you were getting interest, but sites don't like the click-through model because of the low throughput. Impressions work much better for both advertiser and site owner as the audience gets exposed to an appropriate ad, and site owners don't have to wait on a click through that may not come until much later or off of another site.
By having the targeted audience, you get the results you anticipate by bidding your ad. This gives you a better return on investment in video advertising and boosts your bottom line. Take a look at bidding your ads and see what kind of improvements you'll be able to see in your marketing strategy.
About the Author
Being able to reach customers with real time advertising is a useful and effective tool. And video advertising is something Scott Duglase, who works for a small marketing agency, knows is important in today's world of business. Visit http://www.spotxchange.com/spotxchange_real_time_bidding.html to see all they have for you.
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