This acquisition will allow BankAds to truly become the best point of reference and information for any consumer who wants to compare online banks.
Delray Beach, Florida (PRWEB) May 15, 2012
BankAds, a south Florida company that focuses on providing advertising solutions to the financial services industry, has announced that it has acquired and relaunched OnlineBanks.com. The company acquired the asset from N1 Media which is based out of Portland, Oregon for an undisclosed amount.
Scott Krager the original founder of OnlineBanks.com will remain on board as an advisor and continue to contribute great editorial content to the website. Krager is the founder of Serps.com, a tool that helps website owners obtain better insight and analysis into their sites organic ranking within all major search engines. That in turn allows improvements to be made to increase the websites rankings.
Since acquiring the domain on March 15th and relaunching a new website, BankAds has increased the revenue generated per visitor by more than 400%. The average amount of time spent on the site has increased by more than 300% and the cost per click that OnlineBanks.com receives from their advertisers is up by more than 80%.
According to BankAds Co-Founder Sean Patrick, "These early numbers are very encouraging, but truthfully we have not even started to roll out some even more important features that we have planned that will not only improve the bottom line but more importantly benefit the overall experience for our visitors and the advertisers as well."
OnlineBanks.com provides consumers with critical insight and information with regard to all of the different online banking offers that are currently within the marketplace in the United States. Online banking has become incredibly popular within the last two years thanks in no small part to advancements in technology making the experience of using an online only bank truly conveinant. Credit should also go to many of the traditional brick and mortar banking institutions who have been forced to raise the fees associated with keeping a checking account. In most cases the only way that a consumer can obtain a truly "free checking account" is by using an online only bank like Ally or Bank of Internet.
OnlineBanks.com has quickly become thanks to the efforts of Scott Krager and BankAds, the go to source for any consumer who has questions or interest in online banking.
BankAds is located with Delray Beach, Florida.