Adweek reported that 80 percent of digital ads are ignored, and 63 percent of millennials use ad-blocking software to eliminate display ads from their browsers entirely. Even worse, Google’s Rich Media Gallery shows that, of those who can see ads, only 0.18 percent will ever click on them. To put that in perspective, you’re more likely to be audited by the IRS or be born with an extra finger or toe than ever click on a banner ad, according to statistics from SheKnows.
It’s easy to see why marketers may want to move away from banner ads. However, click-through rate isn’t the only indicator of success, and abandoning banner ads based on these statistics could be a big mistake.