An interesting study appeared late this week in e-marketer about how varied touch points across multiple websites can lead to increased conversion rates. It also reminded me of a great post by Jeremy Reynolds that explains the importance of understanding this. Getting to know where your customers "hang out" online is important to consider when you decide to start investing in online advertising.
For online marketers who think that the last ad impression (or click) seen is the most likely to lead to a conversion, a look at the Atlas Institute's "How Overlap Impacts Reach, Frequency and Conversions" study may be in order.
The study, conducted in the first quarter of 2007, found that US consumers were more likely to convert after viewing ads on multiple Web sites, suggesting that conversions should be attributed to a full set of impressions and/or clicks, rather than just the single one that preceded the conversion.
Two out of three consumers who eventually bought a product or took a responsive action were reached by ads across multiple portal sites before converting.
Nine in 10 consumers who converted were reached by placements other than the last ad seen. Also, 86.1% of ads which led to a responsive action were seen on multiple placements.
A previous Atlas study called "The Combined Impact of Search and Display Advertising" showed that sponsored search and display advertising together provided a 22% higher conversion rate over search alone.
Source: e-Marketer: Multiple Online Ad Placements Impress
1 comments:
Luke,
Thanks for posting this data. It definitely supports behavior targeted advertising. Also, thanks for the plug to my post.
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