We have the audience (over 10 million monthly unique visitors across 50 publishers), we have the right kind of advertisers (Abercrombie&Kent Residence Club, American Express and The Plaza Hotel have all just signed in January), so now it’s time to start to work with both to really engage the consumer. Clients, agencies, and even consumers, are starting to ask for more than the banner. We hope to bring some ideas to the table that show new, different and better ways to engage the consumer online – in which they and the advertiser get a little more out of it.
One program we are testing with a small number of publishers are Sponsored Posts. This is a paid advertising program, identified as such to the consumer, but presented in the flow, style or tone of editorial content on the publisher site. Our first run was with Exclusive Resorts, the luxury destination and travel club that is owned by Steve Case (one of those “I joined the club, liked it so much, so I bought it”). A destination club is a relatively now concept, and is not well known by many affluent consumers – and they typcially cost about $250,000 + to join. It’s a concept that needs a little more “time and space’ to help the consumer decide if they are interested.Perhaps a Sponsored Post can do that a little better than a 300X250 ad unit. We will track the results and report back.
Over the last year, publishers who implement custom or advertiser-supported content have gotten a lot of flak from industry pundits. Not sure why, since it has been a big part of the offline ad busines for years (according to the NYTimes, Conde Nast did $100million in custom advertising programs this year) and if done well, can and should be a part of the online toolbox.
