Digital Advertising and the way forward
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Digital advertising refers to delivering ads through online mediums such as social media, email, and search engines, providing cost-effective targeting options for advertisers. Challenges include standing out amidst overwhelming ad exposure and retaining consumer attention. Mobile advertising is highlighted as a key growth area, with various ad formats such as banner ads, video ads, interstitials, rich-media ads, and native ads each offering unique engagement potential.
Digital Advertising and the way forward
- 1. DIGITAL ADVERTISING AND THE WAY FORWARD.
- 2. What is Digital Advertising? Digital advertising, in simple words, can be explained as an advertising format where the ads are delivered to consumers through online mediums by leveraging internet technologies. The mediums may include • Email • Social media websites • Online advertising on search engines • Mobile ads • Ads on websites and more.
- 3. Benefits of Digital Advertising Provides a wide pool of audience thus immensely increasing the number of people an advertiser can reach and in turn making it cost effective. The ability to precisely target your audience based on various factors which may include demographics, psychographics, behavioural targeting et al.
- 4. Challenges facing Digital Advertising This is an age of digital ad bombardment, the biggest challenge facing an advertiser is his ability to stand out in order to get them eye balls on his/her ad Lastly, considering the humongous amount of information a consumer is exposed to in a single day, fighting for retention becomes the next biggest challenge.
- 5. The way forward – Mobile Advertising Mobile is the fastest growing digital ad format of all time. The combination of interactive ad executions, pocket-sized screens and engaged audiences has provided more than enough evidence to advertisers that mobile advertising should no longer be perceived as additive, but as a key component of any overarching brand strategy.
- 6. Mobile ads – The Different Formats Banner Ads Rich-MediaVideo Interstitials Native
- 7. Banner Ads The banner ad uses an unobtrusive “banner” at the top or bottom of the screen which features relevant text and graphics. Banner ads rely heavily on brand recognition, with little space to provide detailed information. Its a simple and safe way for a brand to get their name and product viewed by as many people as possible.
- 8. Video Ads Video ads are simple in their concept yet complex in their execution. They are literally videos that play either while a user opens or interacts with a mobile application. They require a substantial budget, but offer a high level of user engagement.
- 9. Interstitials Interstitial ads are interactive ads that display across the entire screen, often while an app is loading or after an app is closed. Interstitials offer users a chance to partake in high-level engagement with an advertisement’s product, often featuring compelling and creative call-to-actions.
- 10. Rich-media Ads Interactive, highly dynamic ads that are limited only by the advertiser’s creativity (and budget). Rich media ads specialize in creatively engaging with users to generate high CTR and conversions.
- 11. Native Ads Native ads are ads that don’t really look like ads. Rather than present a banner with relevant information, native ads attempt to seamlessly integrate with the publisher’s app. The ad format mimics that of the original app format for optimal user experience.