Political Ads Beginning to Shift Online
The Wall Street Journal does a good job overviewing how the presidential candidates are increasingly embracing online ads, particularly search ads, though they seem to spend more time focusing on the Republicans. The New Politics Institute has been hammering on this theme for the past year, encouraging progressives to shift ad spend to these new ad forums that have been proven by the private sector to be highly effective. Don’t take our word for it, take it from the WSJ. Here are a few passages to give you a flavor:
Look at the rate of rate of return on the spending:
In the first quarter, the presidential candidates spent collectively an estimated $1.7 million on Internet sites and fund raising -- including $100,000 on blog ads -- and collected about $22 million online, campaign-finance reports show.
Or here shows more directly McCain’s success with it:
It is also considered effective. Republican John McCain's presidential campaign raises about $4 for every $1 it spends to raise money online, according to Rebecca Donatelli, a consultant directing the online fund-raising strategy for the Arizona senator.
This puts the costs of it in context with the enormous costs of broadcast TV:
One reason for the increased Internet advertising spending: It is relatively cheap compared with radio and television. A one-week television-ad buy in Des Moines, Iowa, would cost about $90,000 to $110,000, according to TNS Media Intelligence, a political-advertising tracking firm. By comparison, one week of blog ads on 102 conservative blogs costs just $7,500. It costs about $24,000 to advertise for a week on 121 liberal blogs.
So the shift has begun. Look at Obama’s spend in the first quarter compared to all the spending on these ads in 2004 combined:
Sen. Barack Obama's campaign for the Democratic nomination has also aggressively moved onto Google as an advertising platform, spending more than $72,000 on Google search ads during the first quarter, according to financial records compiled by PoliticalMoneyLine.com. By comparison, the Democratic presidential candidates in the 2004 presidential race spent about $87,000, records show.
More evidence to keep making the case….
Peter Leyden
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