Performance-Based Advertising; What Has Led To Its Growth?
In the last couple of years, different types of advertising methods have come to the fore. Many of these advertising techniques have proved to be revolutionary and have altered the way businesses carry out their marketing processes. One such popular advertising method has been performance-based advertising. It is also referred to as pay for performance advertising. In this advertising method, the purchaser pays the marketing company only when it sees the kind of results it expects. While hiring an advertising company, the business organization conveys the kind of expectations it has regarding the marketing processes. The advertising company agrees to fulfill the given target and gets paid only when the marketing goals are achieved. In a nutshell, the advertising company gets paid only when it ‘performs’ well. That is the reason this marketing technique is called performance-based advertising. This advertising method works equally well for both parties. Advertising companies mostly char...