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I HAVE $10k to SPEND on Banner Ads - What do you think???

by nycbroker
12 replies
I have $10k to spend on banners ads, I'm looking to advertise on Business & Small Business | News, Advice, Strategy | Entrepreneur.com and Information for the World's Business Leaders - Forbes.com

I'm looking at creating a landing page with strong call to actions for a FREE Website Consultation to increase leads/rankings.

Do you think I would get a lot of leads/business and strong ROI?

These 2 sites get tons of traffic from business owners and this would be a great offer.

Thoughts?
#$10k #ads #banner #spend
  • Profile picture of the author ukcarl
    I think you will be looking at massive CPMs and you will burn through 10k fast.

    The only way to be sure is to test it, you could try Linkdin ads also, might be a bit cheaper and its a self serve platform with pretty good targeting stuff like industry and position
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    • Profile picture of the author nycbroker
      Originally Posted by ukcarl View Post

      I think you will be looking at massive CPMs and you will burn through 10k fast.

      The only way to be sure is to test it, you could try Linkdin ads also, might be a bit cheaper and its a self serve platform with pretty good targeting stuff like industry and position
      You think LinkedIN would be more effective than those sites?
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  • Profile picture of the author Tim_Carter
    I think your nuts to use the money for banner advertising. There are a lot better ways to spend it and generate a lot more money. In fact - put 9k back in the bank. One k will go a long way in product creation.
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    • Profile picture of the author LBspeaks
      Originally Posted by Tim_Carter View Post

      I think your nuts to use the money for banner advertising. There are a lot better ways to spend it and generate a lot more money. In fact - put 9k back in the bank. One k will go a long way in product creation.
      Har!

      Har! Har!

      WTF??

      My company routinely spends WAY MORE than $10K on Banners and we could never have been happier. Just because you never tried it (or never tried it long enough to see the light at the end of the tunnel) doesn't mean you KNOW it.
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      Lokesh Batra- The Man Who Serves...

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  • Profile picture of the author SEOLee
    Spend it on SEO you are crazy man lol.
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  • Profile picture of the author KyleGolemMedia
    I would definitely create products...don't mess with banner ads!
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    Google AdWords, Bing Ads, Facebook Ads, Twitter Ads, etc.
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    • Profile picture of the author LBspeaks
      Originally Posted by KyleGolemMedia View Post

      I would definitely create products...don't mess with banner ads!
      Have you ever tried banner ads? Even once?

      If yes, how many different campaigns? With how much budget?

      If no, what makes you an expert?

      @OP

      My only advice to you is to test small and cut the losers FAST. That's it.

      Happy Bannering...
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      Lokesh Batra- The Man Who Serves...

      I am new to the online world of forums and social media... but I have spent the last 7 years of my life talking to business owners all over the world, and helping them generate extra profits. And I can show you how to do the same... Get the Review Copies of My $497 Ignitional Program Here...

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  • Profile picture of the author alexei_aus
    What networks would you recommend for banner ads? I tried buysellads and that was a waste of money
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    Google Adwords Management That Works!
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  • Profile picture of the author KyleGolemMedia
    You should really dive into some automation software. I would consider buying Places Scout for running reports for your clients. The information is one of a kind and the support is even better. Check out more information in my article review down in my signature.

    I think you'll benefit from some software/WSO's to understand where you want to put that money. I'm still confused with wanting to spend 10k on banners! Seems better spent elsewhere

    Kyle
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    Need Help Growing Your Audience?
    Let an experienced Marketer help! PM me with project details.
    Google AdWords, Bing Ads, Facebook Ads, Twitter Ads, etc.
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  • Profile picture of the author E. Brian Rose
    I was a media buyer at a major online site for about a year. One of the tricks we used was to add a cancellation clause to the contract when buying banner ads. Most required a 30 day commitment, but we always added a 48 hour cancellation. This allowed us to cancel the campaign in 2 days if we did not get the desired results from the traffic being sent. Not all companies agreed to it. We only did business with those that did. Our budget was about six figures a month, but it will work with your smaller budget too.
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    Founder of JVZoo. All around good guy :)

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  • Profile picture of the author martworld
    Instead of banner ads, spend on PPC-adwords
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  • Profile picture of the author derekwong28
    I highly doubt you will be get any decent return with your banner. I would advise you to try it out on other related sites first so that you can get an idea of the potential ROI. You can try sites on networks such as

    Tribal Fusion
    Industry Brains
    Value Click Media
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    Do not get between a wombat and a chocolate biscuit; you will regret it dearly!

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