Click-through rates up by cutting ads
ADOTAS — An abundance of inventory and falling prices don’t always mean falling revenue, but SmartMoney has tried a new tack to keep advertisers and prices stable.
The personal finance site started to cut down the number of ads, especially the low-performing ones, and increasing its click-through rates, according to AdAge. SmartMoney cut the ads at the bottom of a page and the number of available units on other pages.
“There’s only so much focus that a reader can have on a page,” Bill Shaw, publisher of SmartMoney and SmartMoney.com, told AdAge. “You have three ad units, but a reader’s only going to click on one.”
Advertisers, such as Scottrade and Options Express, came back after the site saw a 21 percent increase in aggregate click-through rates. The site was sold out in the fourth quarter, though the trend hasn’t continued in this quarter. SmartMoney said it lost about 30 percent of its ad inventory, ending up down 12 percent in total impressions. The site’s traffic was about 800,000 unique visitors in December, down from more than 1.2 million a year earlier.
Of course, maybe sites should just go after the stimulus display ad business.
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