SiriusXM Expands Ad Revenue Stream
Clearly the revenue will not be massive, but it is better than nothing and, if successful, could lead to the company possibly opening up a new revenue stream using the company’s own website. This will be even more meaningful when SiriusXM launches its Personalized Radio service later this year. SiriusXM Personalized Radio is web based and will certainly get more eyes on the website as it rolls out.
For SiriusXM ad revenue has been a challenging aspect of growth. The company is oft hard pressed to capitalize on the huge potential that comes with a top 50 website. It is not because it can not be done, but rather that it does not seem to be a focus of the company. That being said, the work that would go into gaining some ad revenue on the web can be minimal, and a simple concept like giving it a little attention this holiday season may be enough to open up a few doors. Only time will tell if we are looking at a new strategy at SiriusXM.
This is not a new revenue stream. I’ve heard all of these products advertised on the air and there are no tracking links involved on the website. This is just a company saying thank you to it’s sponsors, they are not being compensated for it.
sirifan…
I disagree. While these sponsors may have audio ads, placement on a tab regarding holiday gift giving ideas is above and beyond a thank you. Simply stated you do not dedicate this type of space and placement for free.
I disagree. This kind of thank you page is commonplace for top spending advertisers on websites. Again, there are no tracking/conversion measurement codes in place on that page, which is unbelievably rare for someone who is paying for advertising. With all signs pointing to a thank you type page, I’d think the burden of proof is on you, saying those are paid ad spots is pure speculation.
I’d be happy to be wrong but it seems highly unlikely.
We can agree to disagree. Having spoken to SiriusXm many times, and seeing the ad sheets and rates, this is not something typical. It could be bundled for a premium. Karmazin does not give this stuff away. If they wanted to thank top advertisers I can assure you that there would be a much different look to the page. These are not the biggest ad buyers on SiriusXM