The Shape of Advertising to Come
Martech Outlook | Tuesday, March 22, 2022
With the many technological developments taking place, marketers need to be on their toes and make sure they align their advertising strategies with the latest trends.
Fremont, CA: Advertising has always developed in tandem with the advancement of technology. From the Egyptian's papyrus-written sales message to the newspaper, and to mobile-targeted adverts. It's certainly come a long way. On the bright side, one segment—search ads—grew significantly as a result of the shift in consumer activity and shopping online. However, today, the only difference marketers face is additional uncertainty as a result of the on-and-off lockdowns, brands will need to be highly agile in developing advertising strategies for business productivity.
With the many technological developments taking place, marketers need to be on their toes and make sure they align their advertising strategies with the latest trends. Here are the latest advertising trends that are prevalent for brands to have an action plan in managing ads. Let’s take a look!
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1. Mobile-First Advertising
Only last year, mobile devices accounted for more than half of all online traffic worldwide. When COVID-19 struck, global smartphone use increased to 70 percent. During stay-at-home advice, most customers used their phones for a major percentage of their shopping, browsing, and entertainment. As a result, brands are making efforts to ensure that their services, websites, and marketing are mobile-friendly. Additionally, games are another popular way for mobile advertising to be used. This gives users a plethora of in-game advantages. However, one popular way to obtain some of those benefits without paying is to watch an advertisement. Because this advertisement form has a high completion rate, it provides a good option for brands to promote their apps or games.
2. Programmatic Advertising
AI is used in programmatic advertising to automatically purchase ads that can be tailored to specific audiences. This heavily automated method is faster and more efficient than traditional advertising. This equates to lower client acquisition expenses and a greater conversion rate. However, the expansion in the number of channels for contacting customers is one of the primary reasons why organizations are shifting to AI-driven ads. The primary distinction between traditional and programmatic advertising is that the latter can occur in real-time. Big data processing, technological expertise, and automation are all used in programmatic advertising. That is why it's one of the online advertising trends to keep an eye on.
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