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Browser technology
has allowed location detection for many years based on ip
address. But it is only in the last few years that this
technology has become accurate enough to justify betting
marketing money on its ability to display ads only to those web
surfers in your market.
Most Rent to Own companies operate fewer than 5 locations.
National online advertising is ineffective if your target market
exists only in a single market or region. Enter locally targeted
online ad campaigns.
Browser technology has allowed location detection for many years
based on ip address. But it is only in the last few years that
this technology has become accurate enough to justify betting
marketing money on its ability to display ads only to those web
surfers in your market.
Learn
more about city-level or regional targeting.
According to the US Online Local Advertising Forecast, 2007 –
2012, released by JupiterResearch, local display and search
advertising are poised to grow 18 percent and 16 percent,
respectively, during the next five years.
Locally targeted online advertising will add exposure
incrementally, it will not replace traditional media. "Although
traditional media such as newspaper and local broadcast are
facing new challenges regarding their business models, local
advertising in these media mainstays is not a dying market,"
explained Lead Analyst Barry Parr, Media Analyst for
JupiterResearch. "The ability to assemble relatively larger
general audiences will remain a principal advantage of
traditional media."
As search engines, local sites, and local businesses continue to
improve their use of simple search engine optimization
techniques, the use of search to find businesses and services in
the local market will continue to grow. Because the local online
market is fragmented and depends on search engines for traffic,
local media must learn to work in an environment increasingly
dominated by the search bar and prepare for an eventual face-off
with national competitors. During the next five years,
JupiterResearch believes local advertisers will become
increasingly aware of online advertising as an option, have more
opportunities, and gain access to improved tools for creating
and managing their online marketing.
"At this point, most local advertisers are not marketers and do
not have the time or resources to manage, let alone optimize,
online advertising campaigns," said David Schatsky, President of
JupiterResearch. "Although search is increasing its impact on
the local market, it still demands a degree of sophistication
unavailable to most local advertisers."
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RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens. |
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