CPM – Does it makes sense any more?
CPM has been and always will be
the most commonly used mechanism for advertisers to generate brand awareness
albeit in different forms. Those full-page ads in newspapers, billboards on the
freeways, banner ads on any portal, relate to something more fundamental as to
how human beings think and make decisions ' to buy or not to buy; if to buy,
then when to buy and for how much.
But yes, the technology for delivering ads on a CPM basis will definitely
change and make this much more of an effective mechanism for advertisers.
To illustrate my point, consider
this example: If you are on a page reading about Kanye West's latest
blockbuster release, you really do not care about (and thus your brain would
automatically tune out) the ad for reducing your mortgage payments. On the
other hand, if you see an ad for the latest lineup of shoes by him, you would
look at it and if the message were sharp enough, you would probably click on it
too! Agreed that clicking on an ad and landing on a page does not mean a sale,
but atleast it served the purpose of generating awareness about that specific
brand in your mind.
Thus, advertisers should set
their expectations as to what they can possibly achieve from a CPM campaign '
Generating brand awareness with a possibility of sales.
Now, the main point that I am
making in my example was that the CPM model worked ' but only because of its
contextual relevancy. Now, in addition to the page relevancy, add a toping of
site visitor's interest relevancy, so that in our example above, the ads were
about the latest lineup of shoes only because the visitor at some point in the
past on some other site, had indicated an interest in buying shoes ' then we
have a model that really works.
And today in this digital world
of the Internet, we can rely on technology to give us this mechanism of
providing contextual relevancy ' both for the page the visitor is currently
reading (viewing) and the interests that the visitor had expressed in the past
And this is where MyContextualAds.com
comes in.
MyContextualAds.com is a new service that enables web site
owners to display contextual product links from the Amazon.com marketplace on their sites. This enables the website
owners or blogger to higher monetize their sites. Site Owners make money from
referral fees paid out when site visitors click on the ads and transact. We are extending this service to include advertisers on the
Commission Junction Network also.
All in all, models that have
worked in the past, super charged with sophisticated technologies will herald
the new age of advertising models ' whereby the ads generated will be relevant
to YOU, the buyer ' the center of the ad world!
And that's what MyContextualAds.com is all about'