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View Full Version : Need some help - quick.



nealrm
08-17-2010, 03:11 PM
As many of you know, we have banner advertising on our site. The advertising is up for sale on a first come/first serve basis. The HouseViewOnline site is very predominate in the local real estate market and I work with all the local agencies. We have a center ad on the main page. An agency approached us about buy all the slots on that ad. After some talk we agreed. Now that the ads have started running, the largest agency in the area (Market share>30%) is screaming "No Fair". We should be able to run ads also at that spot.

Is there a fair compromise on this? Should I just tell the larger company "Sorry you had your chance"?

cbscreative
08-17-2010, 03:17 PM
I guess if it's first come first served, then they did miss their chance. Otherwise, it seems to me you would have to change the deal with the current advertiser. That can't be a good option.

Business Attorney
08-17-2010, 03:44 PM
I can see that it is a touchy situation but I agree with Steve. The slots were for sale and you sold them. Once the available slots are sold out, why should it matter whether the slots went to one agency or three. Either way, the predominant agency would have been cut out. Besides, a deal is a deal.

On the other hand, when it comes time to renew the arrangement you have, I would think long and hard about the long term effect of tying your site closely with one agency and possibly alienating others.

vangogh
08-17-2010, 09:59 PM
I agree as well. There's nothing wrong with the one company buying up all the ads or you selling them. Where was the complaining company when the ads were for sale? Presumably your current deal expires at some point. You can let the complaining company know when it does and ask if they would like to buy ads at that time.

I do also agree with David when it comes to thinking about the long term effect of being tied so closely with one agency. It's not necessarily a bad thing, but you should consider whether or not that company's brand aligns with yours.

One positive in all this is you likely have 2 companies who both want to buy the same ads on your site, which should allow you to charge more for the space.

Spider
08-17-2010, 11:02 PM
Or have them bid for the space.

vangogh
08-17-2010, 11:23 PM
Bidding seems to work well for Google. :)

greenoak
08-17-2010, 11:42 PM
the bidding idea might be a big turn off......
.i would try to keep the complainer happy but a deal is a deal...maybe let him pick his spot for the next time.... having just one customer wouldnt be good...imho...

racheljackson70
08-18-2010, 11:29 AM
Yea I agree with everyone else. Maybe next time you have advertising for sale, make sure that you emphasize the first come, first serve policy. Also you could think about having the sale during a certain time period, and market it out to the agencies. You can't please everyone, but I would try to mend the relationship for future business.

Spider
08-18-2010, 11:34 AM
Create another website, similar in layout, with a not too different url, linked to the main site - sell the ad space to the complaining firm for a low rate "as a holding ad until the main space is free," then SEO the heck out of it to get it in the SERPS fast.

Harold Mansfield
08-18-2010, 11:56 AM
There is no fairness in advertising. Either you buy the spots or a competitor does.

Lyrafire
08-18-2010, 03:02 PM
Interesting idea, Spider.

Otherwise, I agree with the others. The first company didn't act. I used to have a broker like that when I was in real estate. He was positive he knew all there is to know about marketing, but paid no attention to his web presence; then he ran down the other brokerages that jumped on the Web in a timely manner. It's sour grapes. Anyway, as Business Attorney said, a deal's a deal.

nealrm
08-19-2010, 07:50 AM
Thanks everyone for the ideas and support.