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Advertising on the Internet has intrigued and baffled business-to-business
marketers for years. While few have questioned the Internet's potential,
concerns over its cost-effectiveness as an advertising medium, whether
messages are reaching the right companies and whether sales can
be tracked, continue to exist.
Now, Jay Schwedelson, co-founder of WebConnect, a Boca Raton,
Fla., agency that specializes in media placement on the Net, is
busy trying to prove that the era of cost-effective Net advertising
and of verifiable results has arrived. Some of his clients, such
as Computer Discount Warehouse, attest to his claim.
Susan Fischer, manager of electronic commerce marketing for the
Vernon Hills, Ill., provider of computing solutions for businesses
and consumers, says Computer Discount Warehouse has used WebConnect
as an Internet advertising service for nearly two years. That has
involved media planning, media negotiation and purchase, online
tracking and "central serving" for various Internet media.
For central serving, Computer Discount Warehouse sends WebConnect
banners, text links, and other ad units for Web sites. WebConnect
deploys the ad units and tracks their impressions and click-throughs
by source code. Then WebConnect gives Computer Discount Warehouse
a report by site and source code, highlighting the best performers.
"WebConnect has been able to help us accelerate our revenue growth
and brand awareness," Ms. Fischer says.
"Its media research continuously opens new avenues and opportunities
for CDW, and its central serving, customized reports and private
URLs allow me to make informed decisions and still react very quickly.in
virtual time."
Open Network
Web Connect (www.webconnect.com) places all forms of Internet
advertising - banners, buttons, links, keywords, sponsorships -
onto sites throughout the Web, unlike competing services that limit
themselves to a "network" of sites. Typically, competitors like
DoubleClick or 24/7 Media will handle the advertising interests
of only a group of sites, Mr. Schwedelson says.
"These companies concentrate on bringing revenue to the sites they
represent, as opposed to trying to help specific advertisers reach
their target markets," he says.
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"WebConnect is an 'open network,' which means that our only interest
is servicing the advertiser and helping them reach that target market.
We can place advertisers on any site that will help them reach the
right audiences at the right time, including within these other
'closed networks.'"
Tailoring Messages
WebConnect's appeal also lies within a variety of new services
for its clients. CustomView, for instance, allows advertisers to
tailor their campaigns for individual Internet users, anywhere on
the Net.
Research has shown that after a Net user has seen the same advertisement
three or four times, response to it - clicks on the banner - decreases
significantly, Mr. Schwedelson says.
CustomView is intended to prevent "banner fatigue" by letting advertisers
control the number of times an individual sees the same image by
switching to an alternate graphic after a pre-determined number
of visits.
This practice, called "frequency capping," is common in print
media advertising, but CustomView marks the first time it's possible
on the entire Internet, Mr. Schwedelson says.
"Because we service every single advertisement we place, we can
change banners instantly, without having to go to each site every
time we want to update an ad," he says. "CustomView allows advertisers
to maximize their return on investment by creating individualized
ad campaigns and testing the number of banner views per individual."
Tracking Results
WebConnect's clients are kept informed about their banner or other
ad through the company's Impression-to-Click-to-Sale tracking system.
This system allows an advertiser to monitor every aspect of its
Internet advertising, from impressions delivered to clicks received
to the number of transactions generated, Mr. Schwedelson says.
Clients can call up an online statistic report that lists how
many visitors are exposed to a banner for each site, analysis of
advertising cost vs. number of click-throughs, and the action taken
by the user after seeing the banner, as well as corresponding percentage
of sales per impression.
In addition, the company recently introduced its Site Price Index,
which tracks fluctuations in the cost of placing banner ads on more
than one 140 sites. Updated quarterly, the index provides the first
quantifiable data on the cost of placing banner ads on the Net,
according to WebConnect.
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