Question
Topic: SEO/SEM
What To Expect From A Banner Ad In A Search Engine
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We have previous experience on this search engine as a Tier 1 placement ad (appearing immediately below the banner ad spot), but the results didn't justify the cost on an ongoing year-round basis so we discontinued it. For example our cost per order was approx. $30 for a $60 sale. However during our peak event months like Mothers Day, the cost per order dropped to approx $10 per order - or an almost affordable level. Our click through rate at the peak event was 4% and our conversion rate was 6.1% of those clicks.
What should we expect our results to be for the Banner Ad compared to the Tier 1 placement? Better, worse, the same?
Also, any suggestions on how to "negotiate" a better rate per m than what is proposed by the search engine company rep? (they want $35 / m impressions vs $25
for other categories as they claim the premium is justified for the Retail Florist category)