Because we are fully automated, Wedding Mapper can serve diverse markets and support large and small businesses delivering the industry's most competitive pricing structure with stronger results.
San Francisco, CA (PRWEB) March 30, 2009
Wedding Mapper, the premier online destination for engaged couples worldwide, is today unveiling the industry's first auction-based advertising platform that effectively monetizes local web traffic for businesses serving the wedding industry. Wedding Mapper helps businesses reach qualified couples through its auction-based platform where they compete for low-cost, premium advertising space on local web pages. Advertisers can leverage Wedding Mapper's user-generated content, captured from its audience of engaged couples and newlyweds, in over 10,000 cities around the world.
"Most industry websites cannot afford to cater to small, local businesses due to the overhead required to penetrate such markets with a sales team," said Jared Cosulich, founder and president of Wedding Mapper. "Because we are fully automated, Wedding Mapper can serve diverse markets and support large and small businesses delivering the industry's most competitive pricing structure with stronger results."
Using a proprietary algorithm, Wedding Mapper dynamically prices advertising based on web traffic and demand from a specific city or town. To secure advertising space, vendors join the online auction and set a campaign budget, which can range from $.50 to thousands of dollars. Vendors place bids on local advertising space competing against businesses in equivalent markets, and the top three bids in each market are awarded premium placements.
Vendors receive semi-monthly reports to valuate their current ad placements that include profile views, unique visitors, and website click-through rates. In addition, vendors receive advanced local traffic statistics for Wedding Mapper.com, that reveal consumer frequency, engagement and trends from thousands of featured cities, which vendors use to make educated bids at the auction.
Wedding Mapper launched its local advertising solution in beta in early 2009, enabling companies such as Bella Pictures, Dessy, Starwood Hotels & Resorts, and Wedding Paper Divas as well as thousands of local businesses to leverage its auction-based technology to reach eligible couples in local markets. The platform has since supported over 250,000 bids in 7,000 markets.
"The wedding industry brings a multi-million dollar opportunity in online advertising," said Cosulich. "Through our proprietary technology and ability to collect rich, user-generated content that self-perpetuates local traffic, Wedding Mapper is strategically positioned to deliver valuable results that help local businesses become more competitive in a dynamic online environment."
About Wedding Mapper
Wedding Mapper is the premiere online destination for engaged couples worldwide, featuring interactive planning tools and more than 35,000 Real Weddings with photos, stories and detailed vendor reviews from more than 10,000 cities around the world. Delivering personalized solutions for engaged couples, Wedding Mapper's innovative platform connects users with wedding experts and married couples, facilitates conversation on its hyper-local message boards, enables customization of wedding maps, informs users of local events, and more. For businesses, Wedding Mapper offers the industry's first auction-based localized advertising platform built on proprietary technology that enables vendors to reach local, qualified prospects in an economical fashion. Founded in January 2007, Wedding Mapper is a privately-held company based in San Francisco, CA.