When talking with business owners and managers about Display advertising, there is often a disconnect or lack of understanding of current day digital display campaigns, their capabilities, and how they are best utilized. Many folks generally think that display ads are simply banner ads placed on news websites and sold directly from that news outlet such as the local NBC or ABC affiliates. By nature, these are definitely display ads, however, with this type of business structure, a business is charged a fixed price per 1000 ad impressions, the ad targeting is limited, and your audience is limited to those that browse the affiliate’s news website. These types of display campaigns underperform with regard to bringing in value to the ad purchaser, and as a result, we often come face-to-face with those that think display advertising simply does not work. However, display is NOT dead and in fact is far from it!
What is a display ad campaign?
A display ad campaign combines two different creative elements, copy and imagery, into ads that are shown across the internet on websites, videos, apps, and email platforms. Utilizing an ad platform such as Google Ads, display ads can target very detailed audiences based on demographics, interests, locations, types of products and services they are currently in-market for, and websites or topics they have previously browsed. Another key feature is that these platforms allow an advertiser more cost controls and eliminates the need to pay 3rd party pricing which is often marked up 3 – 5 times the actual cost. Display ads can also target consumers who are more likely to interact with ads in a specific way such as website visits or lead conversions.
But wait, there’s more…
What are responsive display ads?
Responsive display ads allow for the use of multiple different combinations of ad copy and imagery to show the consumer a more personalized ad based on their related online activity. This helps drive increased click-through-rates (CTR) as the consumer is likely to see ad copy that is customized to their own interests. Different imagery is tested by the platform and via AI machine learning, platforms can determine which perform better to achieve the campaign goal. Utilizing responsive display ad creative often times increases ad engagement by 100% – 200%!
Using Display to Target Competitors
There are a number of different custom audience targeting methods to include in a display campaign aimed at better defining a potential customer. A custom audience can be created based on interests and behaviors, similar websites, and similar apps. For example, Tom owns a local store that sells authentic sports jerseys and wants to use custom audiences to help narrow down a very specific audience. He might want to target people that have visited his competitor’s websites, so he compiled a list of their URLs and creates a custom audience. To be even more specific, Tom wants to sell Houston Astros jerseys, so he creates a custom interest-based audience utilizing the keyword “Houston Astros Jersey”. He may consider targeting users of apps similar to MLB.com in order to reach Baseball fans in general. Through this type of custom targeting, an advertiser can reach consumers who have visited competitor websites and who also have a high intent to purchase.
How Display Can Drive Leads
No matter where a consumer fits into your sales funnel, display can help drive leads through the awareness, interest, decision, and action stages. Utilizing general audience targeting combined with interests and in-market segments that qualify buyers, display helps to build awareness and interest in brand and product. By generating remarketing audiences, you can reach buyers who have already interacted with your ads and explored your website. Ads targeted at these audiences help drive decisions and purchasing actions.
The bottom line is that when used in a strategic way, display campaigns can be very beneficial and can play an active role in your overall advertising strategy. If you don’t see the benefit in display advertising, perhaps you have never worked with a fully knowledgeable team of experts that can help steer you to marketing success. At Brand Ranch Media, we are those experts, and we want to prove to you that display is most certainly NOT dead. We want to hear from you so please reach out and contact us or give us a call at 713-309-6380 so we can discuss how to put display advertising to work for you!