Monday, May 7, 2012

Tumblr Announces Advertising Package



by Mike Reiber

Last week, for the first time ever, Tumblr, the fast-growing but profitless blogging platform announced an advertising package. So what's the big deal? Why would advertisers eschew Facebook, YouTube and Twitter for a site that doesn't collect much user demographic information?  

The answer lies in Tumblr's growth and the fact that it's more visual than many of its peer sites. Tumblr's unique visits reached 58 million in March of this year up from 26 million a year ago according to comScore. Tumblr contains more than 54 million blogs. The site allows users to easily customize and share their blogs. According to the company, the average Tumblr user creates 14 blogs per month and reblogs three. Half of the posts are photos.  

The company has been dipping its toe in the water on a number of revenue generating initiatives such as allowing designers to sell web page themes to bloggers or allowing bloggers to promote their posts on its dashboard. The new ads will appear on the dashboard and directory pages used to highlight content categories and blogs.  

Our team at Axiom is excited about this development. The enthusiast customers targeted by our home and garden manufacturer clients are avid bloggers. They like to write about and share their experiences on cooking, wine, interior design, gardening, out door entertaining, etc. We believe that this will add yet another arrow to the quiver for innovative marketers who want to break out of the Facebook and YouTube pack.