Banner exchanges can be very practical for businesses that want to utilise internet marketing measures such as banner advertising but have a limited budget. The best use of banner ads is to place them on a website that receives a lot of traffic and attracts an audience that is likely to be interested in your products or services. Furthermore, this website should not be in direct competition with your business. This scenario can be hard to find, and even if a business owner does find it, obtaining ad space can be prohibitively expensive, especially if the niche is extremely competitive. Banner exchange can be a cost-effective option for these business owners.
The cost-effectiveness of banner exchange organisations is the most enticing aspect of these scenarios. Most banner exchange organisations are free to join. Unlike placing a banner ad separately, there is no financial cost for a banner ad to appear on another website, but the business owner has an obligation to fulfil. In exchange for having your banner ad displayed on another website, most banner ad exchanges require that you post at least one banner ad, if not more, on your own website. Many banner ad exchanges will try to match your banner ad to a relevant website, but this is not always possible, and your banner ad may end up on a website that has nothing to do with your products or services. This means that the banner advert is unlikely to generate much interest in your products and services. Also, the adverts you are asked to upload may not match your website. You will most likely have the option to opt out of adverts in certain categories that you find offensive, but beyond that you have little control over how the banner adverts are moderated on your website.
Launching an affiliate marketing campaign is another cost-effective alternative for placing your banner adverts on the internet. This is an internet marketing campaign where website owners or partners place your banner adverts on their website and try to promote your products and services on your behalf. The banner advert usually contains images and content to entice internet users to click through the advert to your website, as well as an embedded code that provides you with information about which affiliates have driven traffic to your website. As affiliates are often only paid when they achieve a desired result, such as getting internet visitors to click on a banner advert or make a purchase, this information is required. Affiliates are usually paid on a cost per click or cost per sale basis. When a user clicks on an advert, the affiliate receives a predetermined amount of money. For each sale generated by the affiliate, the affiliate receives either a flat fee or a portion of the sale. Affiliates can also be paid on a cost-per-lead basis, which means they are paid when a user performs a certain action, such as registering on a website or completing a survey. Most people like affiliate programmes because they are a cost-effective way to run banner ads online and because they simply have to pay successful affiliates.