By 2016, online
advertising will no longer be about where consumers hang around and which media
they use the most. It will all come down to the following: who are these users,
and what do brands know about them that will enable them to efficiently
interact with them using relevant ads that can be customized on-the-fly. As a
result,
- The future is interactive and everything will be online or online connected.
- Good bye to push welcome pull strategy
- The internet will be mobile. Have you checked the stats on global mobile internet usage?
This revolutionary
change will render the old pre-campaign planning strategy useless as
intelligence will become the cornerstone to drive campaign performance.
1. Regulators
will seal our legal fate
Not only do cookies
make ads become relevant, they do a great deal in minimizing waste for both the
advertiser and user. Basically, without cookies users get more irritated as
they may be forced to view ads that are entirely not in their line of interest.
2. Auction based
buys will capture the real value of a marketing impression
Auction based online
media buying in real time promises the greatest return for marketers and seeks
to eliminate impressions waste that ROI-oriented marketers have been battling
with for a long time. Real-Time-Bidding (RTB), based on audience data will
become a “must” for marketers due to their potential to enhance campaign
performance.
3. Television
will cease to be the spoke of the consumer advertising wheel
The push by TV
stations and their networks to an online model in order to secure their share
of the online revenue pie will continue. Additionally, online ad spend will
overtake TV in other major ad markets as it did in the UK. Moreover, online ads
are cheaper, have a greater reach on a large number of internet enabled
devices; they are efficient and can be customized and served in real time.
Marketers with more innovative Pull Strategy will win. So goodbye, Push,
welcome Pull.
4. We will not be
buying ad space, we will be buying audiences
Audience data will be
the ultimate tool to decide the fate of every online advertising campaign. As
we enter into the era of an increasingly data-driven market where consumers
play a central role and data is the king, the traditional ad space buying model
will slowly disappear, in exchange for an audience-centric model with greater
efficiency to eliminate campaign waste and enhance performance for marketers.
Make no mistake; this is the most outstanding trend that every marketer,
publisher, agency, data mining company, and technology enabler will have to
watch out for.
5. Face book will
become the infrastructure of branding
Brands will be engaged
in a more user oriented approach in order to enhance engagement on their pages.
A reward system (games, free content, etc), even though still not widely used
by many brands, will become a ‘most’ as it will form the basis for the creation
of brand evangelists that companies will need in order to have a strong
fan base on SocNets in the future. With its new milestone of almost 700 million
users and growing, face book will play the most significant role for every
brand that aims to do it big on the internet.
6. Everything
will be connected independent of devices
2016 will be about
connection and what your device can do. As everything becomes connected, media
communications will be simplified. The rate of compatibility will facilitate
communication across multiple platforms. This will be in the advantage of not
only the advertising industry but also users; as they browse contents across
the web.
7. Interactive
channels will be the most important part of the brand/consumer relationship
Healthy relationship
with users will be propelled by a give-and-take approach. Brands will get hold
of tools that enables direct interaction with users and manage their marketing
loyalty programs. Value and relevance will define the nature of the
interactions between online brands and their users.
8. Data and the
social graph will play an integral role in marketing
Social information
that enables brands to enrich customer data for more precise targeting and
response prediction will continue to prove more relevant to brands in the years
leading up to and after 2016. Many users engage in personal expressions (like,
dislike, rating) during their sessions on SocNets. This will form an important
part of users’ behavioral assessment with regard to their pattern, the relative
trends, and influencers. With a view of the social graph, brands will be able
to establish how users are connected and the strength of connection to each
other through the social graph analysis.
9. App-based
behavior will completely change consumer marketing
Apps designed to
enable the registration of a user’s behavior are among the most outstanding
trends in mobile marketing. With mobile internet usage and mobile search
already ahead of desktop, behavioral and geo targeting apps will completely
change the way ads are sold and consumed online.
10. Pre-campaign
planning will be replaced by planning during the campaign
As the industry
continues to move to a more audience-centric model, the traditional approach of
selecting media choices to buy ad spaces from will be replaced by a new era of
existing planning in real time auction market places where marketers place a
high relevance on audience data. Instead of inventory, marketers will
choose for audience based on valuable intelligence that satisfies an
advertiser’s requirement in real time.
These are just some
thoughts on some of the predictions from the recently published “most have”
Interactive book titled: The Future of Online Marketing, and it straight from the horse’s mouth, as Industry leaders across
3 different continents share their thoughts on what the future will look like
by 2016.
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