Wednesday, February 20, 2008

Thai MV-วันทอง-NaNa



Make money tips for blogger!

A Word on Selling
Let's face it: even the most attractive inventory won't move unless someone gets out there and sells it. That someone may have to be you, if you're an entrepreneur. Many people view selling with disdain, or they hate the rejection that goes hand-in-hand with the selling profession. You've got to get over this in order to be successful in translating your page views into dollars. If you can't do it yourself, then work out a commission-only arrangement with someone who can sell your inventory.
Jean Landry is a sales executive with The Globe and Mail, Canada's National Newspaper, daily offering readers from coast to coast unparalleled national, international and business reporting, analysis and commentary. The Globe and Mail has nearly 1,000,000 readers each weekday and even more on weekends: their online version at globeandmail.com attracts over 2.5 million visitors per month.
Jean offers the following key selling points for Webmasters:
Know your audience. Conduct a user survey and collect research when your visitors sign up for newsletters, pdf's, and registrations. Carefully profile your visitors. You may think you know who your visitors are, but you'll need to prove it to people, especially when HP says they want to buy up 10 million impressions from you for $50,000/month -- they'll most certainly want more than who you think is coming to your site.
Know your competition. Find out what your competitors are charging for their ad space, what ad unit sizes they are offering and what advertisers want. You may keep an eye on your competitors, as well, to determine their inventory churn or rollover. If you go back every 2 to 4 weeks and you see new advertisers all the time, it either means the site has a really aggressive sales person, or that it can't return results for advertisers, so clients are canceling.
Understand the language and understand the benefits and uniqueness of online advertising as an advertising medium. What's a cpm? What's a clickthrough? What does CPA stand for? A few months ago, we interviewed people for an online sales position and candidates couldn't answer those questions. Spend a little less time watching TV and a little more time reading Clickz.com, eMarketer.com, and MarketingFind.com, or check out adglossary.com. Industry knowledge and research can really help you move your inventory and sell online advertising. For example, I bet you didn't know that Internet accounts for about the same % of media time for consumers as TV now -- each accounts for 30% of their media usage time! However only 4% of media budgets are going towards online, while about 25% are going towards TV ...sounds like a pretty good opportunity to reach a huge untapped audience doesn't it?
Be creative! Online advertising is boring and predictable and doomed for failure if all you are going to sell is the standard 468x60 banner at the top of your Web page. Ever heard of banner blindness or banner burnout? It means your visitors tend to ignore the most common or basic forms of advertising online if you don't put some thought into their delivery and placement. You need to think about offering content sponsorships on your site, targeting your ads to geographic regions, day of week delivery, etc. Think strategic and offer strategic advertising solutions. If you have a section of your site dedicated to Web design, why not think of a creative way for a major brand's new Web service to sponsor it with customized buttons, content, or an online custom quote service?
Be aggressive in your sales...but be professional! And remember online advertising is not new, it's not trivial, and it shouldn't be given away for free or always be performance based. Don't be pushed around by arrogant media buyers who think that they can bully you into not paying their balance just because they didn't make 15 sales (not to mention the fact that they never signed a cost per acquisition agreement -- CPA).

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