Not one to get left behind in the competitive field of online advertising, MySpace just announced the beta launch of Myspace MyAds, a new advertising platform that allows advertisers of all sizes to target potential customers at their popular social networking website.

Their do-it-yourself platform gives advertisers the tools to create banners in various sizes and build an online advertising campaign. MySpace’s HyperTargeting technology analyzes ad performance.

MySpace MyAds

Screen Capture of MySpace MyAds Campaign Analysis Tool

“With MySpace MyAds, we’re blowing the lid off display advertising solutions for small and medium businesses,” said Jeff Berman, President of Sales and Marketing for MySpace. “MySpace MyAds is a direct marketer’s dream – providing entrepreneurs with the most accessible, personalized, and targeted advertising toolkit in the market. We’re giving businesses better ROI ASAP and in today’s economy, that’s a must-have.”

Advertisers can choose a variable ad spend anywhere from $25 to $10,000 so it’s affordable for anyone looking to reach a broader market.

To find out more or to sign up up for Myspace MyAds, please visit Advertise Myspace