Display ads have come a long way since their first appearance on Wired magazine’s website hotwired.com in 1994. That little rectangular ad sponsored by AT&T to promote seven art museums, earned the publisher revenue worth billions of dollars.
If you encounter a flashy ad (in unsightly tie-dye text) like that on a website today, you will probably chuckle at the terrible attempt made by the publisher to get your click. As a user, you will ignore it and as a marketer you may want to show it to your marketing team as an example of what to strictly avoid when creating an ad.
Display advertising has seen dramatic shifts over the decades. Today display ads appear in different forms – from static images and videos to animations and interactive applications. Regardless of the ad format used, display ads can help to boost brand awareness, bring in more traffic and increase your ROI when done wisely.
Unfortunately, even with that much of potential, display advertising fail to deliver great results for many companies. All too often we see business owners losing money and time on their expensive ad campaigns and picking holes in display advertising as a marketing technique while the truth is they have been making simple and avoidable mistakes all along.
SO WHY EXACTLY SOME DISPLAY ADS FAIL?
- You are targeting the wrong audience
- Your ad does not have a clear, focused and consistent message
- You are running your ads at the wrong time
- You are using misleading CTAs (clickbait)
- You are not using right keyword matches
- Your ad placements are not specific enough
- You forgot to A/B test your ad
- You are not working with an experienced and creative advertising partner
There are many other things marketers do or overlook which takes a toll on their ad campaign. Setting up display advertising campaigns and leaving them to run will not get you the traffic and conversions you may be expecting of your ads, but optimisation will.
The key to successful and cost-effective display advertising is optimisation and constant monitoring, which brings us to our next aspect….
BEST PRACTICES FOR OPTIMISING LIVE DISPLAY ADS
- Track Conversion Performance
It is important to track the conversion rate of your campaign while it is running as well as when at the end of the campaign. Unless you have conversion tracking enabled, you will not be able to see how many of the clicks on your ad are actually resulting in sales. With the data generated through conversion
tracking, you can easily identify areas of your campaign that are working well and those that need improvement.
- Improve Your Placements
Google wants to get you impressions – like a whole lot. But it does not care about whether or not those impressions turn into paying customers. Even building a relevant topic or interest will not make sure that your ads will appear on the relevant sites or in front of the right people. In fact, if you have been using topic or interest targeting, you will be surprised to see the amount and sort of sites your ads show up in. You must regularly check your automatic placements and exclude poor performing sites and sites that do not relate to your business.
- Adjust Reach and Frequency
Reach and frequency information under the Dimensions section of Google Ads can help in optimising the performance of your ad campaign. You can change the “Frequency Capping” to limit the maximum number of times your ad is shown to users to reduce the annoyance and budget waste.
KPIs FOR MEASURING THE EFFECTIVENESS OF YOUR DISPLAY ADS
Impressions: This metric represents the number of times your ad appears on a web page or simply a record of views. The bigger the number, the wider the reach of your ad.
Reach: A bit similar to impressions, it is a measure of the number of people who see your ad, not just the number of views. Keeping a tab on this metric will make sure you do not waste your time or money by showing your ads to the same person.
Engagement:
As the name suggests, this metric represents the percentage of people who have interacted with your display ad. A higher percentage of engagement associates with higher conversion rates. You can use this data to determine if your ad is creative enough to capture users’ attention.
Click-Through-Rate (CTR)
This is the percentage of people who actually click on your ad after seeing it. A low CTR might mean you need to rethink your display advertising strategy. Even changing the ad’ copy to be more captivating can make a difference.
THE CONCLUSION
Consistently optimising and analysing the performance of your display ads is inevitable to make sure you are getting the most out of your time, resources and marketing budget.
If you lack in-house expertise or experience, get in touch with a professional display advertising agency in Australia that can provide you with valuable advice and technical assistance at every step of the way.