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2 commentsWednesday, June 24, 2009

Yahoo Talks Details of New Display Ads

Where They Stand with Search Ads

As reported earlier, Yahoo! has launched a new self-serve display advertising solution called Yahoo! My Display Ads. A Yahoo spokesperson was kind enough to answer a few questions about the service for WebProNews.

Chris Crum: Are there templates that support video and rich media?

Yahoo: At this time My Display Ads does not support video or rich media, but they may be considered for future product releases. 

CC: What Yahoo!/partner sites will users be able to display their ads on?

Yahoo: Advertisers will be able to display their ads across Yahoo! properties and select partner sites, rather than having to make specific buys per site. Furthermore, advertisers will be able to target by site content category - i.e. Shopping, Travel, Education to name a few - across these sites.

CC: Is this in any way integrated into Yahoo Search Marketing?

Yahoo: Yahoo! My Display Ads runs on Yahoo!'s Right Media Exchange. It is not integrated with search and offers only display solutions to advertisers  across the Yahoo! network.  However, we will continue to enhance this product and identify key areas of integration across the Yahoo! product suite.

CC: How quickly can an advertiser get an ad displayed throughout the network from the beginning of the creative process?

Yahoo: Advertisers can quickly create banners ads (in a matter of hours - or even minutes) and once a campaign is submitted, it will take 1-4 business days for review and approval before it can be displayed across the Yahoo! network.

I'd like to thank Yahoo for answering these questions. It should be noted that while Yahoo! My Display Ads aren't integrated directly with search, campaigns from both the display ads and search ads can be tracked together. Matt Lillig with Yahoo! Search Analytics left the following comment on the first WebProNews article about the service:

Hi Chris,

Matt LilligThanks again for staying on top of the latest Yahoo! news! This is a great program because it gives everybody a chance to run cost effective display campaigns.

Any Yahoo! search advertiser should also be aware that if they sign up with Yahoo! My Display Ads, they'll now have an opportunity to track both their Yahoo! My Display Ads and their Yahoo! Search campaigns under one roof using the Full Analytics solution within their Yahoo! Search Marketing account.

As you dicussed in one of your previous posts, running display ads along with search has shown to provide a better ROI than running either display or search by themselves:

http://www.webpronews.com/topnews/2008/11/05/search-ads-vs-display-ads

There are also recent independent studies that back up this search + display theory:

Online Publishers Association Study Shows Consumers Exposed to Display Advertising Are More Engaged and Spend More Money Online

http://64.13.250.16/newsletter.php?newsId=531&newsType=pr

Search Engine Marketing and Online Display Advertising Integration Study

http://www.iprospect.com/about/researchstudy_2009_searchanddisplay.htm

Using Full Analytics, advertisers will be able to take advantage of the Assist metric and measure how well their Yahoo! My Display Ads perform at driving conversions for their other ads, such as search.

Using Full Analytics, display advertisers no longer have to rely on the direct reponse (last click conversion) method of measuring the success of a display ad. They can now attribute credit to display ads that drive conversions for their other ads (down the conversion funnel) due to their branding power.

Matt Lillig
Yahoo! Search Analytics

 

About the author:
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Twitter: @CCrum237

Yahoo vs BidPlace SB

It’s interesting to compare Yahoo’s new offering with the most similar self-service display product already out there, AOL’s BidPlace SB (full disclosure: I work for this product). Both Yahoo and BidPlace SB offer very broad reach across US Web visitors, both offer advanced targeting options and, within the next couple of weeks, both will offer the ability to build banners on-site. (BidPlace SB will offer both templates and the ability to build banners from scratch.)

However, the similarities end when it comes to pricing. Here are the recommended CPC bids for the same targeting on both products:

Run of Network, Geo = Florida
Yahoo: $1.30
BidPlace SB: $0.74

Auto Content Channel
Yahoo: $4.93
BidPlace SB: $2.45

I’m curious how Yahoo justifies charging small advertisers 75-100% more than BidPlace SB for the same types of inventory and targeting? Especially when BidPlace SB has a lower budget requirement than Yahoo ($10 / day vs $30 / day).

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