Pictured above: Steve Weston
Nottingham-based internet entrepreneur Steve Weston has launched
a unique online ad service that will allow users to show their ads
on a trillion websites within minutes of placing them.
Steve began working on annot8.net in January 2010 with the aim
of providing a simple yet effective way for companies of any size
to advertise online using rich and interactive content that was
created in one place and shown consistently across all
websites.
Based in Nottingham, annot8's patent-pending technology has been
developed to provide an alternative to the existing advertising
options on the market to complement and add to the marketing mix
currently available.
The site has just gone live, with users being urged to send
feedback on the site so that the customer experience can be further
enhanced.
Steve, a 34-year-old dad-of-two, has previously been Enterprise
Solutions Architect at Barclays, Siemens, Capital One and Norwich
Union, responsible for defining technology strategy in line with
business objectives.
He said: "By providing an alternative to Search Engine
Optimisation, our User Centred Optimisation approach will allow us
to provide the right content to the right people at the right
time.
"Within five minutes of registering at annot8.net, people can
build an advertising campaign that can be seen on a trillion
relevant websites. And, with a minimum spend of £10 and a low
rate of 3.5p per click, maximising brand awareness and product
sales has never been so easy.
"For small businesses, the pay-as-you-go model allows them to
budget and control advertising spend, whilst larger companies can
build rich and interactive advertisements targeting potential
customers currently outside of their traditional reach."
The site is aimed at consumers, businesses and charities. The
basic idea is that a consumer registers on annot8 and sets some
specific preferences before downloading a plugin to their favourite
browser.
As they browse the web, annot8 shows adverts and relevant
content they have chosen to see based on the preferences they have
chosen and the adverts that are relevant to the page they are
viewing.
When they click on the advert, annot8 shares the revenue it
earns from the advert with those who participate in the annot8
marketplace including the site owner, the person who clicked on the
advert. Each click earns 1p.
Charities can register on annot8, sets annot8 preferences and
information about their charity. As people browse the web with the
annot8 plugin installed, they earn money from clicking on adverts
and they can then select their favourite charities to donate their
earnings to. Thus, charities are able to increase the money they
earn from fundraising just from their members browsing the web.
Companies register on annot8 and create an advertising campaign
by adding their keywords and building an advert. Once they are
happy, they pay for their advertising campaign and their advert is
live on any website.
As people browse the web with the annot8 plugin installed, they
will view the relevant adverts from the companies who are using
annot8 and have active campaigns. Every time a user clicks on an
advert, annot8 decrements the company's current balance using a
flat rate fee (no auction) based on advertising spend.
Steve commented: "This unique pay-as-you-go model allows small
businesses to effectively budget, generates huge brand awareness
and contextually relevant advertisements. This is all for a low
minimum spend of £10 and cost per click of 3.5p.
"We believe that our CTR and VTR will be at least double current
industry standards at one fifth of the average cost. annot8 is
passionate about changing the marketplace for the benefit of all
members of annot8 and as a result, everyone including the person
who clicked on the advert, company or consumer partners and the
owner of the website the advert was clicked from will benefit from
participating in the annot8 marketplace."
In addition, annot8 is currently working with the Charities
Commission and the UK Fundraising Standards Board to maximise the
fundraising potential of its services.