Financial Times Business is grouping its web sites, including
FTYourMoney and the imminent IFA site FTAdvisor.com, which will together
form an in-house ad network.
A 10-strong media sales team will sell across five separate sites,
including investors chronicle.co.uk and FTMarketWatch.com, to clients such
as Charles Schwab, Scottish Widows, E*Trade and Fleming Asset Management.
The other site involved is the IFA extranet eXweb.
Jane-Emma Peerless, group advertisement director at FT Business, said it
had rejected the idea of appointing a third-party ad network: ”We had to
be very careful. We did consider an outside network, but while networks
say they specialise, they are generalist. We have a greater expertise in
this market than they can offer.”
According to Peerless, the move was in response to clients’ wishes and in
anticipation of several new web site launches, including the IFA site and
the Investors Chronicle site.
Matt Wiseman, online ad manager, said: ”There are obvious synergies if
clients get involved in more than one site.”
Wiseman said that FT Business will still suggest advertising possibilities
for the FT.com site and cites a successful pitch made to Fleming Asset
Management: ”A proposal was put to it by Financial Times Business, which
suggested targeting private clients through FTYourMoney and the SME market
through FT.com. The result was an œ80,000 spend across both web
sites.”
He added that the FT Business sites are also looking to offer syndicated
content and daily news in co-branded deals with third-party sites and
portals.