You’re promoting your B2B website through Google AdWords, contextual ads, display ads and print ads. The phone seems to be ringing more often and you’ve been getting more emails for RFP (request for proposal). Which ads are working? What is worth continuing?
Similar to statistics for a website, advertising has its own set of analytics. The online advertising measurement basics are:
- Impressions: The number of times the ad is shown on the web. This may include everywhere the ad is shown if it is on different sites or sections or it may be broken down by ad spots (which are specific places it was shown).
- Clicks: The number of times the ad was clicked on. Online ads usually include a call-to-action or a phrase enticing people to click on the ad. Once they click on the ad, they are taken to your website.
- CTR (Click-Through-Rate): The number of clicks divided by the number of impressions – usually displayed as a percentage.
How many impressions your ad gets depends on the website you are advertising on – huge sites can get millions of impressions per day. Smaller sites only get tens of thousands impressions per month. The cost of advertising is usually calculated based on CPM (cost per thousand impressions). Obviously the larger sites have larger audiences so it will be more expensive to advertise on them.
Clicks will also depend on the size of the website you are advertising on and how many impressions your ads get. CTR will tell you how effective your ad is at getting people to click. However, this also varies quite a bit depending on the industry, size of the ad, where it is placed on the site and whether it is rich media (interactive).
The best way to measure which particular ad is working is to have a unique landing page for each ad (basics of creating unique landing pages) to measure how many people are actually getting to your site. Using your website analytics, you should be able to track on each landing page how many visitors actually make a purchase or email for more information (have these calls-to-action right on the landing page).
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