Am I asking too much for my adspace?

Discussion in 'General Marketing' started by neil patrick harris, Feb 26, 2008.

  1. #1
    This is my ad rates and stats I send people who contact me about advertising on my site. Asking too much? :eek:

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    Here is a copy of our current rates:


    Main page ads

    Text links are:

    one month:$55.10
    one week:$30.00
    one year:$740.00

    468x60 clickable banner ad are:

    one month:$150.00
    three months:$435.00
    one year:$1900.00

    300 x 250 clicable banner ad or text block:

    one month:$145.00
    three months:$430.00
    one year:$1895.00

    120 x 600 clickable skyscraper ad:

    one month:$160.00
    three months:$475.00
    one year:$1920.00




    Our website started on September 4th 2007

    We were first using Traffic Facts by Godaddy.com a Godaddy traffic monitoring software.
    The total ammount of hits we recieved while using this software was:
    45,606 visits.

    Since we started using Google Analytics in November 7th 2007 we have recieved:
    58,393 visits
    216,061 page visits

    In total we have had 103,999 Visitors


    Here are some of the traffic statistics per Country from Google Analytics:


    United States
    17,216
    United Kingdom
    10,255
    Canada
    8,990
    France
    3,014
    Australia
    2,434
    Netherlands
    1,461
    Sweden
    848
    Poland
    826
    Germany
    731
    India
    729
    Greece
    610
    Belgium
    542
    Romania
    534
    Denmark
    520
    Italy
    518
    Malaysia
    487
    Philippines
    471
    Portugal
    462
    Norway
    426
    Spain
    409
    Saudi Arabia
    328
    Serbia and Montenegro
    301
    Ireland
    273
    Japan
    267
    Singapore
    265
    Hungary
    256
    Chile
    252
    Czech Republic
    247
    Croatia
    240
    Israel
    234
    Brazil
    224
    Finland
    208
    Argentina
    191
    New Zealand
    190
    Slovenia
    175
    Switzerland
    159
    South Korea
    141
    Morocco
    129
    Mexico
    124
    Colombia
    111
    Pakistan
    110
    United Arab Emirates
    109
    Slovakia
    108

    ....


    We have only advertised our website in Canada, The United States and Great Britain to date.
     
    neil patrick harris, Feb 26, 2008 IP
  2. Perry Rose

    Perry Rose Peon

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    #2
    If Google is right, then, yes, those rates for your banner and skyscrapper ads are way too high for...

    Your advertisers may make some money if it was cut in half.
     
    Perry Rose, Feb 26, 2008 IP
  3. neil patrick harris

    neil patrick harris Peon

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    #3
    But in total we have had 103,999 Visitors, since September 4th 2007.
     
    neil patrick harris, Feb 26, 2008 IP
  4. decoyjames

    decoyjames Active Member

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    #4
    Neil,
    What matters is the ONE MONTH that they buy the ad for. If you are only averaging 20,000 visits a month... your prices are way overpriced.
    I mean obviously it depends on what kind of website you have, and who is buying the ads.
    I own a political site, right now I can charge a lot for ads... After elections I will be cutting my rates significantly because traffic and interest will be down.

    Lots of people name different prices for different clients, while not fair, it does work. Try just having an advertising page on your website with monthly stats posted, and decent prices... just a little higher than what they are worth. When you are trying to sell ads on DP or sitepoint. YOU NEED to cut your rates SIGNIFICANTLY, because it will, generally, be not so targeted advertising.
     
    decoyjames, Feb 26, 2008 IP
  5. tradeya

    tradeya Notable Member

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    #5
    I would say your price is really overpriced for those amount of traffic. but it's all depend on the buyer willing to pay those price or not. If you wanna sell more ads i think you should lower your price a bit.
     
    tradeya, Feb 26, 2008 IP
  6. buckeyejohn

    buckeyejohn Well-Known Member

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    #6
    Its hard to judge what a good price point is without knowing what type of site and the type of traffic you are generating. On the face, they look high based on the avg # of monthly visitors. If its a highly targeted niche that I want to crack then not so high. Your milage may vary.
     
    buckeyejohn, Feb 27, 2008 IP
  7. JoeStec

    JoeStec Peon

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    #7
    Definitely depends on the niche. If you're in a financial market (ie: forex, stock trading etc) then your CPM levels can be much higher than if you were an anime site or something with low quality visitors.

    It's a tough call to make without knowing the site/niche.
     
    JoeStec, Feb 27, 2008 IP
  8. Perry Rose

    Perry Rose Peon

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    #8
    Do the math, Neil:

    It's according to the ads and products, of course, but on average .5 to 1% of a site's visitors will click on the ads.

    Of the one who do click through, maybe 3%, if that, will buy from that advertiser.

    That is why your rates are too high.

    Advertisers who know what they are doing do the math.
     
    Perry Rose, Feb 27, 2008 IP