Internet Marketing Agency Specializes in Pay Per Call
Released on = February 22, 2007, 2:22 am
Press Release Author = Michael Banks
Industry = Internet & Online
Press Release Summary = Pay-per-Call leverages the power of the Internet to match buyers and sellers, then allows them to conduct business in a way both parties are comfortable with - the telephone.
Press Release Body = Santa Barbara, CA, - Feb. 16, 2007 - ValueLeads, http://www.valueleads.com, a pioneer in Pay-Per-Call marketing, today announced the inclusion of co-registration sites and affiliate networks as call providers. The Santa Barbara, California-based company generates phone calls from online consumers and forwards them to advertisers willing to pay for leads from new prospects. It works like this: Consumers searching the Internet for products and services see ads in search engines, web sites, directories and ad networks that link to a \'landing page\', a colorful microsite featuring an advertiser\'s products along with his toll-free phone number. If the consumer is interested in the product s/he picks up the phone and talks directly to the advertiser. Advertisers pay for phone calls from new customers rather than clicks to their web site. According to Earl Brown, ValueLead\'s CEO, \"Pay-Per-Call leverages the power and reach of the Internet to match buyers with sellers, then allows them to conduct business in a way both parties are comfortable with - the telephone.\" The benefits of pay per call are being discovered every day by advertisers looking for more business and anxious to tell prospective customers about their products.
The Kelsey Group, a popular Internet research, analysis and advisory organization forecasts that pay per call advertising will become a $4 billion advertising service within 2 years. Much of this growth is attributable to pay per call\'s direct response model in which advertisers pay for phone calls from a potential customers rather than clicks to their web site. A recent report points out that one out of three people who call a business are ready to transact, compared to only about 2% who click on web sites.
\"Pay Per Call is where Pay Per Click was 7 years ago.\" says Brown. \"It's an improved method of putting buyers and sellers together. The accountability and return on investment for both advertisers and call providers is enabling Pay-Per-Call to evolve into one of the Internet\'s most popular and cost effective performance-based vehicles,\" Brown says.
The ValueLeads and Pay Per Call business model is based on two significant shifts in interactive advertising that is starting now and will become the standard over the next couple of years:
First, direct response, performance-based marketing is the next wave of interactive advertising, especially for the Internet. More and more, advertisers are demanding accountability. This means that as merchants grow weary of click-based or impression-based ads impossible to quantify and with sparse conversion rates they will increasingly require ad buys that put prospective customers in direct contact with them. Pay Per Call is the most effective way to accomplish this goal.
Second, the 'rate card' for Pay Per Click, CPM and similar advertising will lose influence and eventually be replaced by market-driven pricing and rates, as offered by exchanges where advertisers buy ad inventory based on consumer information.
As this trend grows, the effectiveness of every ad, listing, impression, and response will be scrutinized thoroughly. A 'click through' to a web site pales in comparison to the value of a telephone purchase inquiry by a motivated prospect. The new standard of measuring the success of ad campaigns will not be the CTR, (Click Through Rate), but rather, how often the merchant got to tell a prospect about his product.
Marketers now recognize that voice contact has grown from a customer service function into a sales conversion tool. Merchants get the opportunity to respond to questions in real time and provide the details needed to close the sale. Take the example of the Chrysler Group, which incorporated Click to Call into its brand and dealer Web sites. Implemented originally to smooth the transition of high-value leads from brand sites to local dealerships, the result was a huge bottom-line improvement in phone conversions: Nearly 20% of phone - callers bought a vehicle, compared to 10% conversions for traditional dealer calls. And those sales happened faster: three to five days for a caller contact versus 35 to 40 days for a standard dealer inquiry.
With the proven demand for accountable customer acquisition, Pay-Per-Call marketing is becoming a popular, lucrative and successful business model and ValueLeads is positioning itself to become a leader in the industry.
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Web Site = http://www.valueleads.com
Contact Details = Earl Brown, CEO ValueLeads 3463 State St., Suite 444 Santa Barbara, CA 93105 Phone: (805) 569-2678 Web: http://www.valueleads.com Email: ebrown@valueleads.com