
I read John Chow’s blog even before he’s become this popular (his RSS subscriber around 1k), and I like it even more recently, with his evil ideas and also because he earns more than 10K per month by using his evil idea to earn money online. And now, I think there is another reason why me (and perhaps other fellow Malaysian) should read John Chow since he has promoted Malaysia indirectly with his recent post in his blog.
Maybe you’re wondering what the heck I’m talking about, what is the relation between John Chow and Malaysia?? Ok, this is something to do with our Visit Malaysia 2007 campaign which is still going on. With this campaign extended until August 2008, I can say that this is an additional bonus and exposure to Malaysia, on top of current promotion that Ministry of Tourism has been doing. Personally, I can see that Malaysia is not that well known to western or European countries. Perhaps Penang, KL or Langkawi has more exposure than Malaysia itself (I have peers who thinks Penang is a country, lol).
What I’m thinking here is, other than spending millions of RM on advertisement on mainstream websites, why not we consider other medium of advertisement such as to insert the review in popular blogs such as John Chow, Shoemoney, Problogger, text link ads, pay per post and etc.
Taking John Chow as example, his blog has over 300k page views and 200k visitors per month, and he has 14K RSS readers, and with only USD400 to get him to review or post anything about Malaysia, the post then will be available there forever, plus it is accessible via other mediums as well such as RSS and mailing lists. And don’t forget, search engine is indexing blog post faster than websites.
Other than making reviews, blog also offers banner ads, where the price can vary from $400 – 500 per month. Some of this ads also will be displayed in the RSS feed. Nowadays, bloggers no longer move alone, they have formed a network of blogs and websites, so this kind of advertisement is no longer bounded in one blog, but it could spread across the network that they had formed.
How about advertising on search engines? Google is using combination of Adwords and Adsense whereby the advertiser is bidding for the price of the keyword, and while Yahoo has the same type of ads, it still has the banner ads displayed on the their services such as Yahoo Finance and Yahoo Mail. So let’s say I take Yahoo as an example here, the rate for advertisement under travel category is around $49.00 – $106.50 CPM. So let’s say for 300K impressions, it translates to around $14.7K – $39.95k. That is expensive.
Ok, I take another example of advertisement on a more targeted audience related to tourism. I take Travelocity, one of the leading travel portal and e-commerce on the net. The
rate varies from $25-$55 CPM depending on the ads size and type. It translates to 7.5K – 16.5K for 300K more. Still, it’s more expensive than blogs, however it is cheaper than search engines and the audience targeted is more specific to travelers.
This is just my personal basic comparison of advertisement on blogs, search engines and travel portals. In terms of clicks, I’m not sure which one is better, but blog has audiences consisting more of the blogger community itself who is Ad blind, whereas, the advertisement on Yahoo is perhaps on Yahoo services such as Yahoo Travel or Yahoo Mail, and advertising on Travelocity is targeted to travelers.
However, the main agenda of such ads is to give more awareness of such events, and not mainly about clicking the ads alone. And don’t forget, I’m talking about banner ads on websites VS review/banner ads on blogs and not the the contextual ads. Contextual advertising might be more effective here but it depends on how good you’re planning your advertisement.
I still believe that the potential of advertisement in blogs is bigger than ever. With the price being cheaper than those advertisements on big corporations, your ads will have more exposure not only on the search engines, but on RSS as well as mailing lists.
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