Banner ad refers to a digital advertising format that incorporates a graphical display, often rectangular, placed at the top, bottom, or sides of a website or within an application to promote a product, service, or brand.
Example: A B2B software company specializing in accounting solutions partners with a well-known online business news platform to feature its banner ads. These ads are strategically placed on articles related to finance and accounting software advancements. This partnership enables the software company to directly reach finance professionals and decision-makers who visit the news platform for insights, thereby increasing brand awareness and potential leads for their accounting solutions.
Understanding banner ad helps businesses enhance their marketing strategies by allowing them to precisely target and engage potential clients, track the performance and ROI of their advertising efforts, and build strategic partnerships for mutual visibility.