Ad Auction Fails to Deliver for Indianapolis
Posted on December 19, 2011 by Mediabids
Another example of a media auction that ran into trouble:
From the Indianapolis Star. Full story here
Super Bowl ad auction fails to attract bidders
A novel attempt to auction prime advertising space on Downtown Indianapolis buildings for the Super Bowl failed to attract a single bid.
The auction, which closed Friday night, included about 50 Downtown buildings, all willing to be wrapped in Super Bowl-related advertising for a fee. Plans called for bids to reach as high $100,000 for the right to hang banners.
But no one bit -- at least not until the auction closed.
One media group has placed a hold on 11 buildings, said Chris Price, a partner with Mattison Corp. The company orchestrated the website, www.biggamewraps.com, that hosted the auction. Until the contract is final, he declined to identify the company.
The idea was that advertisers themselves would bid as well as media companies.
"It didn't work out that way," Price said. "Maybe the auction itself was a mistake, maybe having a set price might have been the way to go."
While Price said that to the best of his knowledge other cities haven't turned to auctions for advertising, wrapping buildings -- ala the artist Christo -- has worked.
The 11 buildings that have a sale pending are located either in the Super Bowl Village area or close to Monument Circle. Those include the CSX and PNC Building as well, at 31 E. Georgia St. and 115 W. Washington St., as well as space at the Harness Factory, 30 E. Georgia St.
There's still time in the next few weeks for more advertisers to secure space on buildings. Price said his website will continue marketing the space for any interested advertiser.
At least 60 percent of each banner must promote the Super Bowl or the National Football League, he said.
"It adds to the spectacle," Price said. "It's almost like a giant decoration for the big event."
Tagged super revenue ad bids bowl newspapers mediabids advertising wraps print auction
40% of all US Internet Users Visited a Newspaper Website in the Third Quarter of 2009
Posted on October 25, 2009 by Mediabids

From MediaPost. An average 74 million people visited a
newspaper Web site each month in the third quarter of 2009, equaling
just under 40% of all active U.S. Internet users, according to the
Newspaper Association of America, citing research performed by Nielsen
Online. This is the most unique visitors recorded since the NAA
and Nielsen began tracking newspaper Web site audiences in 2004; the
previous record was 73.3 million in the first quarter of 2009.
Although year-over-year comparisons are difficult because of a big
increase in Nielsen's panel size in June, the active-reach figure
appears to be remaining stable, as newspaper Web sites have hovered
around 40% for the last two years. Full story here. 
Tagged advertising websites marketplace mediabids auction www.mediabids.com magazine third audience users newspaper 2009 internet nielsen quarter
Introducing the new "Auction by Size" - The Fastest Way to Gather Rates from Multiple Publications
Posted on June 02, 2009 by Mediabids
We're happy to introduce MediaBids' newest tool to help advertisers save time & money on print advertising - the new "Auction by Size". This new tool takes components of a typical print RFP and moves it online. In a few easy steps, an advertiser can indicate what ad size they're looking for, how many insertions, when they'd like the ad to run and invite publications they'd like to advertise in to submit pricing. Advertisers can then take a look at the pricing the publications submit (or "bids" as we call them) and purchase as few or as many advertising opportunities as they would like. It's a quick way to gather publication information and rates - a process that that traditionally could take weeks. Here's some more information about how auctions work: Auction Info
Here's a link to view live advertising auctions: Live Auctions
-
Search
-
Links
-
*Mediabids on Twitter
- About MediaBids
- Ad Tracking
- AdPulp
- Advertising Lab
- BusinessKnowHow
- Click Z Blog
- Digital Magazines
- Direct Marketing/Mail Order
- Duct Tape Marketing
- Fast Pitch! Networking
- Glossary of Advertising Terms
- INMA
- Magazine Launch
- Magazine Publishers of America
- MediaBids.com
- NAA
- NENA
- NNA
- NewsStand.com
- Tips for Publishers
- Teleconferences
-
Print Ad Deals
-
-
Feeds
-
Tags