Ad marketplace's debut comes in conjunction with the site's consumer launch.
Travel-search player Kayak.com is expected to launch a beta of its self-service auction-based bidding environment for hotel and airline advertisers today. The debut of the CPC (define) ad tool comes in conjunction with the official consumer launch of the site itself.
Hotel chains and individual hoteliers can bid to appear higher in results when Kayak users search for accommodations options. Paid results are displayed with a "K" symbol to inform users the hotel displayed is an advertiser. Hotel marketers can tailor bids so their results appear higher for certain stays, lengths of stays, particular markets, or specific hotel brands.
"A hotel can say, 'I need demand for the following stays,'" said Steve Hafner, cofounder and CEO of Kayak.
Additionally, Kayak is offering contextually targeted text advertisements that appear adjacent to search results. Both hotel and airline advertisers can buy these slots. If a user searches for flights to New York, for example, the ads could be for hotels in the Big Apple. Currently, ads Kayak has sold are augmented with ads from Google's AdSense program.
Kayak has been testing its advertising offerings with a "handpicked" group of 30 advertisers but is now opening its system more widely.
Though Kayak doesn't yet command a high volume of traffic, the company hopes to change that through a combination of marketing and distribution deals. It recently signed a deal for its listings to appear on CNN.com and is building a site with America Online. Company execs say they will announce additional affiliate relationships in the coming weeks.
"Today we have [25,000] to 30,000 unique visitors a day," said Paul English, cofounder and CTO of Kayak. "Our goal is to take that number to well over 10 million visitors a month."
Kayak's helps hotel advertisers drive traffic to their own sites and booking engines, bypassing more costly distribution methods, such as online travel agents.
Join the Industry's Leading eCommerce & Direct Marketing Experts in Chicago
ClickZ Live Chicago (Nov 3-6) will deliver over 50 sessions across 4 days and 10 individual tracks, including Data-Driven Marketing, Social, Mobile, Display, Search and Email. Check out the full agenda and register by Friday, Oct 3 to take advantage of Early Bird Rates!
Pamela Parker is a former managing editor of ClickZ News, Features, and Experts. She's been covering interactive advertising and marketing since the boom days of 1999, chronicling the dot-com crash and the subsequent rise of the medium. Before working at ClickZ, Parker was associate editor at @NY, a pioneering Web site and e-mail newsletter covering New York new media start-ups. Parker received a master's degree in journalism, with a concentration in new media, from Columbia University's Graduate School of Journalism.
IBM Social Analytics: The Science Behind Social Media Marketing
80% of internet users say they prefer to connect with brands via Facebook. 65% of social media users say they use it to learn more about brands, products and services. Learn about how to find more about customers' attitudes, preferences and buying habits from what they say on social media channels.
An Introduction to Marketing Attribution: Selecting the Right Model for Search, Display & Social Advertising
If you're considering implementing a marketing attribution model to measure and optimize your programs, this paper is a great introduction. It also includes real-life tips from marketers who have successfully implemented attribution in their organizations.
September 17, 2014
September 23, 2014
September 30, 2014
1:00pm ET/10:00am PT