The Online Advantage: Why Online Advertising Should Appeal to Nigerian Businesses

By Acceler8now.com Smallbiz Resources Team
September, 2007

The online advertising advantage? Exactly, that's the point of this article, because taking the online option in seeking to reach your target market has its own attractions. While it may appear to be yet night for online advertising in the Nigerian market, day is bound to come and that won't be too far. Hopefully. Online advertising has grown elsewhere as internet usage grew and, given that usage is certain to grow in our environment, the big day will surely come. And we see that happening faster than may be anticipated by many. While we hope for the big day, don't imagine that you don't have enough eyeballs on internet-linked computer screens to justify your interest, even today. More and more Nigerians have access and spend significant 'viewing time' on the internet. Reaching them while on it isn't a bad idea, is it? If you are wondering why it counts, here are some points you should consider:

Targeting Optimised
Which is more important ultimately - reaching a multitude of people or a tidy pre-qualified target? A larger number would seem to matter more, but - wait a minute! - what is it that really counts at the end? Conversion! That's the word. How much you are able to convert the audience into customers is what will affect your pocket. When it comes to conversion, it's not the crowd that really matters but how targeted your message. Talking to the right audience is what improves conversion. That's one way the online option works! Most websites have an interest focus, unlike the pot-pourri format of some other media.

A website may, for instance, provide legal information content. That simply means that most users of that site will have interest in issues of law and legal practice. There would be other interests, naturally, but the assured one is that relating to the known content of the website. Now, when you market a product that primarily targets lawyers or people involved with the law, you have a choice to try to reach the entire population or to focus on those that primarily need what you offer. The expert view is that you achieve better results with a more targeted, better optimised approach. The latter also improves the follow-up process, since you have a more tidy group to work on. The huge advantage here, which substantially improves your conversion potential, is that your message goes to a pre-qualified audience, a group that is warm towards your offer. They may as well be looking specifically for what you are offering. A website does exceptionally well in presenting your offer to an interested audience. That has been further enhanced with the technology of contextual advertising, offered by companies like Google, which displays adverts that match the content of a page the reader has opened. Direct, targeted and on time. All said, your results ratio stands to be much higher.

Viewer Control
Those fleeting views of your ads, as served elsewhere except in the print media, are frozen for viewer absorption, online. Most times, the ad on a web page is there for the viewer to see for as long as he desires - not a 30 seconds fleeting slot. The page user may even have the option to replay, if it's an animated media. What's more, for most ad-types, they can remain on the page for an extended period, even for years. That's a lot of mileage, compared to most other media where the ad passes in a few seconds or gets dumped in some heap of papers.

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The Click Factor
Perhaps the strongest advantage of internet advertising is the click factor - the opportunity to immediately convey an interested party to your domain - your shop/office literally - for further marketing action. Most online adverts and any meaningful one at that, do have and should have a call to immediate action and a link to the advertisers page. 'Click here', 'go here', 'learn more', 'request now', etc, all urge you to take action, opening you to a page that takes the message further. That page - the landing page - also should not be an ordinary page but one designed to attend to visitors who have shown preliminary interest in the company's offers. These pre-qualified visitors, who clicked on the action-button because they want the product, have interest in such product or at least want to know more about the offer, are the hottest prospects any business wants. The page that receives them is therefore designed to continue the process of trying to convert them to buying customers. 'Buying' would depend on the goal, as it may simply be to obtain their contact info for subsequent follow-up marketing action. The big point here is about the power of the web page to provide a link that brings the ad viewer straight to your own website and your properly designed landing page. Hopefully, an award-winning sales copy is there to receive him and do the job of the sales team.

For these points and more, online advertsing does have its area of advantage, which is justification for its current rate of growth, globally. With the increasing use of multimedia technology online, the power of the medium continues to firm up. Video has added a lot of pep, and, as it is today, online advertising looks positioned to be a major marketing tool.