[BusinessTeam] FW: CATCH OF THE DAY: Ads that work
Stephen Colamarino
scolamarino at mail.com
Tue Dec 05 16:34:14 2000 UTC
-----Original Message-----
From: Redherring.com [mailto:catch_of_the_day@listserv.redherring.com]
Sent: Tuesday, December 05, 2000 10:31 AM
To: scolamarino@mail.com
Subject: CATCH OF THE DAY: Ads that work
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D E C E M B E R 5 , 2 0 0 0
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Ads that work
Shelby Bonnie, CEO of the online publishing company CNet, is bullish on
Web advertising. He predicts that the medium's effectiveness will advance
dramatically in 2001.
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> Merck
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prescribes VC for drug distribution
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> Cambridge
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Radio tunes in Bluetooth
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> Blackberry
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to be the American I-mode
Shelby says that although current online advertising models can be
effective (especially contextual advertising, that is, ads placed near
appropriate editorial), the whole online advertising arena could benefit
from some concerted research, and just plain change.
In almost four years, the standard, accepted advertising units have not
changed. Web site salespeople still sell banner ads, and media buyers
still buy them. But because banners aren't big enough to tell a full
advertising story, they're designed to get people to click through to the
advertisers' sites. And the typically low clickthrough negatively affects
the worth of the ads, and thus sites' revenues. Publishers need standard
units that say more.
Hence the upcoming rollout of dramatically different new advertising units
-- they'll be bigger, both in dimensions and download size -- and new site
layouts that let these functional advertisements stand out more.
Readers may balk initially at larger ads, but the new units are really
only keeping up with technology (bigger screens, more bandwidth), not to
mention taking advantage of four years' experience in a still-new
publishing medium.
Disclosure: I used to work for CNet, and I still own stock in the company.
CNet also recently acquired ZDNet, which owned a small percentage of Red
Herring.
<mailto:rafe-needleman@redherring.com> -Rafe Needleman
FURTHER READING
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> Will readers <http://boards.redherring.com/WebX?13@^21382@.ee6d742>
tolerate new, bigger ad units? Discuss!
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> The
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get richer off ad dollars
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> Company
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f_id=4816&format=CMP-PROF> profile: CNet
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> Company site: The Internet Advertising <http://www.iab.net> Bureau
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> Microtargeted
<http://www.redherring.com/mag/issue71S/news-onetoone.html> ads: next wave
or never? (1999)
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> Privacy
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advocates decry Doubleclick (January)
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> CNet
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had a CEO change-up in March
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> Lunch with the former <http://www.redherring.com/cod/102699.html>
boss (1999)
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> New technology <http://www.redherring.com/mag/issue63S/news-ads.html>
reanimates Internet advertising (1999)
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> CNet bought ZDNet in <http://www.redherring.com/cod/2000/0720.html>
July
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> Ziff-Davis's
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magazines were sold in 1999
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