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Tuesday, November 23, 2010

Media Bites-November 23 2010

Digital Media 101

Michael J Massey and Chrissie Van Wormer

Digital media is new, exciting and changing so rapidly that can be confusing even for the most seasoned advertiser. If you decide to look up the Wikipedia definition of digital media, your eyes will likely glaze over after the first sentence. Suffice it to say that digital media includes electronic mediums such as website placement, mobile marketing and all wireless technologies.

The most sensible place to start, when trying to understand digital media, is with web placement. Web placements are the headers, footers and dancers who seem to be gyrating across our screens each time we log in. There are standard sizes that all media properties will adhere to based on standards set by the Internet Advertising Bureau (IAB). Those sizes in the digital world are known as skyscrapers, leaderboards, and peel backs. Let’s take a look at each one for a better understanding of what each will do for you as an advertiser.

As you can imagine, a skyscraper is a tall and narrow banner ad usually placed to the right of content on a Web page. Standard dimensions for a skyscraper ad are 160 X 600 pixels. Like another popular type of Internet ad, the leaderboard which is defined below, the skyscraper offers an advertiser a large space for a message. The nice thing about the skyscraper ad is that it remains at least partly visible as the viewer scrolls down the page. One of the other things that make it nice is it can be either static, meaning there is no movement or animated. When the user clicks on the ad, it will take them to your site.

Leaderboards are a popular type of banner placement and can also be static or animated. They have a standard dimension of 728 x 90 pixels. A leaderboard is the width of the page and typically lies between the masthead (the title area at the top of a Web page) and content. Leaderboards are thought to offer advertisers a great deal of space in a prominent position without intruding on content. Internet advertising borrows leaderboard from sports, where it refers to a sign board displaying the rankings of participants.

Peel backs are the placements that break away from the corner of the page when your mouse is scrolled over them. Peel back ads invite users to “peel” the publisher’s homepage to reveal the advertisement underneath. Initially, when the page is loaded, the user sees only a small “teaser” triangle on the upper corner of the page. Using their mouse, the user will “peel” the publisher’s page to uncover the content. The nice thing about peel backs is that they give advertisers high visibility. When the ad expands fully, the content lays over the page content and really focuses more attention on the marketing message. Advertisers can then deepen their message with rich messaging with includes things like video and animation. Peel back ads are a rarity and therefore manage to engage users a little more easily. Plus they appeal to the user’s natural curiosity to uncover what is hidden beneath them.

Drop down ads are those ads that when you scroll over them with your mouse, will drop down to reveal the ad. And then of course there are the fixed footers and headers that are approximately 960 x 30. These are not as prevalent but are great because they keep your ad message front and center while the user is scrolling down the page.

The last one that everyone is aware of is the “pop up” ads. These can be annoying and many computers are set to block them so you’ll want to consider that before you decide to go in that direction.

Pricing for web ad placements are normally done on a Cost Per Thousand (CPM) impressions. A cost per thousand impressions is simply the amount it will cost the advertiser to reach 1,000 viewers. To explain further, let’s say you’re looking to place an ad on your local CBS affiliate website. A skyscraper ad on the site offers a guaranteed delivery of 100,000 impressions. What that means is that your ad will be seen 100,000 times during a specified period of time. Be sure to communicate your goals and needs to your account executive to ensure you’re getting exactly what you need.

The best way to know if you’re getting the 100,000 impressions is if your web platform will charge you on a Cost Per Click (CPC) basis. A cost per click means you’ll be charged each time someone clicks their mouse on your ad bringing them to your site or page. Unfortunately, there are very few sites that will price their inventory that way. Cost Per Click ads will give you a much better indication of the success of your web campaign. So to insure that you’re getting what you paid for, be sure to ask for the click through rate for every ad position you buy. The click through rate is obtained by dividing the number of users who clicked on an ad on a web page by the number of times the ad was delivered (impressions). For example, your ad is “delivered” each time a user enters the publisher’s website. Let’s say that on Sunday afternoon, 100 users saw your ad and of those 100 viewers, 2 of them clicked on it. In that case the click through rate would be 2%. The site you are considering advertising on will have the data you need and from there you can determine whether or not you want to continue advertising in that spot or with the web entity at all.

An article about digital media cannot be complete without talking about rich media. Rich media are the added opportunities web advertising offers. For instance, maybe you have a television spot or a radio ad that you would like to add to your web ad. Or it’s possible that you’d like to lure potential buyers in with a game they can play that offers a coupon or a higher percentage off merchandise. Each one of these opportunities will enrich the experience you are offering your target audience and in turn pique their interest in your product more than a static (stationary) ad.

If you are considering placing web advertising, there are three things you really need to do. First and foremost is to do your homework. Know what the pricing structure will be. No one likes surprises and they can be costly. Second, know how many impressions will be delivered. It’s important to know how many people are looking at the website you’re considering using. And third, understand the reporting. Be sure to find out when you will be receiving the analytics. You may need to ask for it.

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