Tuesday, February 05, 2008

Auto Sites Not Best for Auto Ads - eMarketer

Auto Sites Not Best for Auto Ads - eMarketer:

that the Internet was the best source for getting automotive information—except for automobile Web sites. Automakers' sites ranked fourth, behind friends and family and local auto dealers.

Best Source for Automotive Information according to US In-Market Internet Users, December 2006 (% of respondents)

That preference also carries over into advertising: Online advertising for cars works best on Web sites that have nothing to do with automobiles.

Automotive sites were ranked fifth in terms of click-through, interactivity and time spent with rich media campaigns for cars, in a study released in January 2007 by PointRoll.

Click-Through Rate, Interaction Rate* and Average Time Spent on Automotive Rich Media Campaigns in the US, by Publisher Channel, October 2005-September 2006

More recently, ValueClick Media and Goodway Group tracked in-market consumer click-through and conversion rates for auto ads placed on wide variety of sites, in a study called "Cost Effectively Reaching the In-Market Auto Buyer."

Consumers were tracked in real time, and ads were removed from sites where they didn't work.

Different sites worked differently for different makes and models, and consumers' geographic locations also affected ad performance.

Matthew Boyd, senior vice president of ValueClick, told eMarketer that the approach used ad networks' reach and optimization technology to learn what sites were most likely to perform best. He said the approach, which the firm informally calls behavioral learning, could be used for any type of online ad campaign.

"Every product and every market has different 'best sites,' Mr. Boyd said, adding that the approach could be used alongside other campaign tactics such as behavioral targeting and search.

"Search has its place, but there has to be something for consumers to reach," Mr. Boyd said. "Optimizing ad placement drives awareness and consideration so that searches are executed."