New Benchmark research by MediaMind reveals that users are 2.5 times more likely to engage with ads that performed in the top 25%, with a Dwell Rate of 16%, as compared to ads in the Benchmark average. The bottom 25% of ads achieves a Dwell Rate of only 1%.
In its research, analyzing the performance of over 300,000 rich media ads with over one hundred billion impressions worldwide, the study identified seven best practices that can help advertisers create smarter ads in order to boost campaign performance. These best practices include adding video to the banner, specifically auto-initiated video, matching the ad with the site’s content, and using synched ads.
To measure the effectiveness of branding, the study uses Dwell Rate and Average Dwell Duration.
Results of a joint study, by MediaMind, Microsoft Advertising and comScore, indicate that users who were exposed to campaigns with high Dwell are three times more likely to search for brand related keywords as compared to users who were exposed to campaigns with low Dwell. And, campaigns with high Dwell boosted advertisers’ site traffic by 69% and improved brand engagement, increasing page views and time spent on the brand’s site.
To answer advertisers questions ask regarding how to increase the performance of online branding campaigns, the study analyzed nearly 300,000 creatives and over one hundred billion impressions to see what works best. The report includes a few rules of thumb that advertisers can follow to create smarter ads and boost engagement.
1. Use Video
Video has two effects on users:
Dwell Performance for Video Creatives | ||
Situation | Dwell Rate | Average Duration (seconds) |
Rich media without video | 5.2% | 47.7 |
Rich media with video | 6.3% | 52.9 |
Source: MediaMind Research, 2011 Global |
2. Initiate video automatically
Performance for Auto/User Initiated Video | |||
| Dwell Rate | Average Dwell Duration (Sec) | Click Through Rate |
Expandable Banner | |||
AutoInitiated | 9.2% | 53.0 | 0.43% |
User Initiated | 8.4% | 63.6 | 0.32% |
Polite Banner | |||
Auto Initiated | 4.2% | 48.7 | 0.14% |
User Initiated | 3.7% | 36.7 | 0.14% |
Source: MediaMind Research, 2011 Global |
3 Match the ad with the site content
4 Use richer, more visible ad formats
5. Use Synched Ads
Dwell for Synched Ads | |||
| Dwell Rate | Dwell Duration | Click Through Rate |
Regular ads | 5.6% | 50.1 | 0.24% |
Synched ads | 6.6% | 42.4 | 0.37% |
Source: MediaMind Research, 2011 Global |
6. Take Advantage of Dynamic Creative Optimization
Dwell for Creative Optimization | ||
| Dwell Rate | Dwell Duration (seconds) |
Automatic optimization | 3.7% | 42.5 |
Other Opt | 3.5% | 38.5 |
Source: MediaMind Research, 2011 Global |
7 Integrate exchanges into the media buy:
Gal Trifon, General Manager of MediaMind and Chief Digital Officer of DG.MediaMind, concludes by saying that “... beyond providing our clients with the latest numbers to benchmark campaign performance... by leveraging best practices and... advanced technology... advertiser(s) can implement techniques to drive better performance and engagement...”
For additional information and a PDF file of the study with more detailed charts from MediaMind, please visit here.