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BizReport : Advertising : October 06, 2008
iPerceptions: Current ad formats ineffective
Rich media advertising may draw the eye, but it doesn't necessarily draw clicks, according to recently released results from an iPerceptions study.
iPerceptions' latest survey into which ads are being clicked on, and by whom, appears to suggest that good old-fashioned text ads are the most likely to be clicked.
The Montreal-based web analytics and market research firm found that text ads were clicked on 25% of the time, whereas video or rich media units commanded just 11% and 7% of clicks, respectively, reports MediaPost.
The probable reason behind the high click rate of text ads is that consumers have been "conditioned" by their use of Google and seeing text ads related to searches.
iPerceptions' vice president of marketing, Jonathan Levitt, believes current ad formats just aren't effective. "Brands are going to have to start looking at things like direct content integration and product placement," he said.
What iPerceptions' research doesn't take into account is what happens after a consumer is exposed to a rich media, display or video ad but doesn't click through.
Eyeblaster recently released a tool called 'Channel Connect for Search', that enables marketers to track consumers who were exposed to, or interacted with, display ads but did not transact immediately.
"Click through rates are on a serious decline," said Dean Donaldson, digital experience strategist at Eyeblaster. "Often you're only getting interaction from 10 to 20% of the audience so it's really important to understand what the other 80 to 90% are doing."
Tags: ad formats, clicks, display advertising, Eyeblaster, product placement, rich media, search, text ads, video advertising
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