Friday, April 18, 2008

Scrolling advertisements - do consumers want them?

When ANZ launched its new look website last month we couldn’t help but notice the prominent rotating home page advertisements including a numbered interface.





Bank marketers often butt heads over real estate on the home page and which current promotion deserves prominence.

This is one way of making the peace, ensuring more campaigns get a run in a highly visible position on the website.

The Commonwealth Bank has also adopted this approach on its website, albeit in a less prominent position.





Even Google seems to have embraced it, launching scrolling advertisements for Adsense publishers earlier this year.

But are marketers guilty of being inward looking with this approach? Will consumers be more or less likely to click on display advertisements when they have more than one to choose from?

I’d like to see the metrics for site visitors actually clicking on the scrolling arrows to find out if this is about increasing relevance for consumers or just gambling on a slightly higher click-through rate.

Then again, when the outdoor advertisers launched scrolling bus stop ads in 2002 some said they would cause traffic accidents and result in death. Six years on we’re all used to rotating outdoor advertisements, so perhaps the scrolling online ad could be here to stay.

Bringing you better bank marketing

Welcome to the latest Banking Review blog.

Our subscribers have been asking for more case studies, and we figured what better way to deliver them than via a dedicated blog.

We’ll continue to break news and bring you the latest industry thinking over at the Better Banking Blog, but at Better Bank Marketing our focus will be on the best and worst examples of online marketing, branding and customer servicing from the financial services sector.

We’ll also look outside of financial services to deliver examples of marketing we think the sector could learn from.

If you’ve managed or seen a leading example of online financial services marketing, please don't be shy in letting us know!