Mary White-Cornell recently asked: If you had $3000 a month for adverting would you do Google Adwords or a banner ad on a local news channel website?

AdWords are economical (low bid rate) and effective (click thru rate) if you can be super specific with keywords – ”rat catcher” in Milldale CT, or “Chevy hubcaps” for example.
If your keywords are too general, “American cuisine, New York City” or ”auto insurance” for example, you’ll pay a premium for each click and probably won’t land on the first page.
The other PPC challenge is Quality Score. If google thinks the combination of ad copy, keywords and target landing page don’t all mesh then your adds may not run at all. So you need have the ability to tweak SEO on your landing pages.
You’ll also need to devote more time to PPC. It is not set and forget. The campaigns should be frequently monitored and adjusted to maximize performance and eliminate waste (keywords drawing clicks from non-buyers).
Banner ads: If your product/service is a commodity but your target market is small (due to geography or business focus) then banner ads may be a good bet, particularly with news outlet websites or if B2B, in trade pub sites and blogs. You’ll be guaranteed eyeballs on your ad in a targeted way.
Lets assume you are a semi-comodity service business (restaurant, home builder) with several close competitors. If you stay really local, I’d suggest a mixed approach. One banner buy on the best media outlet tied to a specific promotion or event. Make it a VERY clear call to action. Follow up with a really well thought out, ongoing ppc campaign. If you deal direct to consumer consider mixing in Facebook as well.


