AdMission Spotlight Ads Increase Effectiveness of Online Marketing for Home Builders
Online Display Ads with Live New Homes Inventory Engage Consumers and
Build Website Traffic
REAL ESTATE CONNECT, SAN FRANCISCO, CA - August 2, 2007 - AdMission Corporation, a provider of online advertising solutions, today announced that AdMission Spotlight Ads is being used extensively to feature new homes to local shoppers. New home manufacturers, their ad agencies and online publishers are using Spotlight Ads to reach local consumers with a powerful combination of real-time new home listings and home builder branding that reaches new consumers, increases consumer engagement and drives home builder website traffic.
Spotlight Ads perform significantly better than traditional banner ads and encourage local consumers to interact with the home builder's marketing message on average for over a full minute at a time. The online display ads drive more traffic to home builders' websites and listing detail pages, as well as improving the effectiveness of companion search marketing programs.
According to research from the National Association of Realtors (NAR), new single-family home sales in June 2007 were 22% below the annual figure for 2006. Most new home builders are facing an over built market and are looking for unique ways to reach home shoppers. Unlike typical display advertising, click-throughs generated by AdMission Spotlight Ads produce "interested" website traffic that has interacted with the home builder's brand and actual available inventory photos, model floor plans, video-like walkthroughs, and more.
"Spotlight Ads have been a very effective online marketing tool for our new homes in the Denver market," said Rebecca Morris, director of marketing for KB Home, one of the country's premier new home builders. "We've seen much higher than average click-through rates to our website - in some cases close to triple. Engaging a prospective buyer and extending their interaction to collect information and view our homes displayed in the Spotlight Ad is also extremely valuable. This is not something we were able to achieve with traditional display ads featuring branding only."
Full service media planning and buying agency Mediasmith piloted AdMission Spotlight Ads with their home builder clients as a new online advertising option. "Traditional advertising programs have mass reach but are often not as effective," said Karen McFee, executive vice president, Mediasmith. "Spotlight Ads is an interactive, visual ad unit that can be precision targeted and performance tracked. It's an excellent component of a digital campaign for advertisers with an inventory-centric business. We are impressed by our pilot ad stats that indicate substantial interest among online new home shoppers." "80% of buyers start searching for their new home online and 29% eventually buy a home they saw online first" said Sarah Pate, president and CEO, Admission Corporation. "Print display ads are generating only 5% of sales, but on average, are accounting for 39% of a realtor's ad budget. Builders can now use Spotlight Ads to effectively target and attract new entrants into the real estate purchase cycle, as well as using the live inventory showcase to attract the attention of buyers who might largely be considering existing homes."
View Real Estate Spotlight Ads
About AdMission Corporation
AdMission Corporation is a provider of next generation online display advertising solutions, utilizing its proprietary technology to create and distribute intelligent rich media ads that are dynamically customized for target consumers in response to behavioral, contextual, and geographic inputs. The advertiser's brand, message, and live product inventory are merged on-the-fly to create hybrid search/display ads which significantly outperform standard ads. Learn more about AdMission at www.admission.net.
About KB Home
Celebrating its 50th anniversary in the homebuilding industry, KB Home is one of America's largest homebuilders. Headquartered in Los Angeles, the Company has domestic operating divisions in 15 states, building communities from coast to coast. KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH." For more information about any of KB Home's new home communities or complete mortgage services through Countrywide KB Home Loans, call 888-KB-HOMES or visit www.kbhome.com.
About Mediasmith
Mediasmith is a recognized leader as a full service media planning and buying agency. We specialize in the integration of traditional and digital media, media consulting, search, and audience development with a rapidly growing practice in emerging technologies and their applications. www.mediasmith.com
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
AdMission Spotlight Ads is a trademark of AdMission Corporation.
AdMission Corporation Contact
Tara Thomas
(925) 328-1211
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