Guides – illumin https://illumin.com Tue, 10 Mar 2026 20:17:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://illumin.com/wp-content/uploads/2026/01/favicon-32x32-1.png Guides – illumin https://illumin.com 32 32 Audio advertising: the ultimate guide https://illumin.com/insights/guides/audio-advertising-the-ultimate-guide/ Wed, 18 Jun 2025 14:00:56 +0000 https://illumin.com/?p=17245 Digital audio advertising is a form of online advertising that involves the promotion of products or services through audio channels. Here’s your quick, handy guide to adding audio to your marketing mix.

(UPDATED JUNE 2025)

Before exploring programmatic audio advertising, it is essential to understand the foundational principles. Programmatic advertising has had a significant impact on the world of digital marketing over the past two decades. The use of automated technology in buying and selling ad inventory has revolutionized the traditional process, making it faster, more efficient, and more targeted. This technological evolution has extended to audio formats.

What is audio advertising?

Audio advertising refers to the practice of promoting products, services, or brands through audio content. It utilizes various audio channels such as radio, music streaming services, podcasts, and smart speakers to reach and engage target audiences. According to Statista, ad spending in the digital audio advertising market is projected to show an annual growth rate of 6.04% with a projected market volume of US$12.82 billion by 2027.

Digital audio advertising has surged in popularity, fueled by growing internet use, streaming services, smart speakers, and wireless headphones. These platforms offer brands new, powerful ways to connect with audiences in a personal and immersive way.

With programmatic technology, audio ads can now reach listeners across devices—smartphones, speakers, and more—ensuring the right message is delivered at the right time. Real-time analytics also allow brands to track performance and optimize campaigns on the fly.

Audio formats like host-read podcast ads add authenticity, while audio-infused display ads capture attention during multitasking moments. Whether through music, voice, or sound effects, audio helps brands build emotional connections, boost awareness, and drive results.

Types of audio ads

When it comes to audio advertising, there are several types of ads that brands can use to engage with their target audience. These different formats offer unique ways to deliver a brand message and capture the attention of listeners.

  • Pre-roll or mid-roll ad: these ads play before or during a podcast or streaming music session, allowing brands to reach listeners during their preferred audio content.
  • Live-read ad: in this format, hosts of podcasts or radio programs read out the advertisement in their own voice. This personal touch creates a more intimate and authentic experience for listeners, making it easier for brands to build trust and convey their message effectively.
  • Blended display ads: for brands looking to make a bigger impact, there are also audio ads that incorporate display elements. These ads feature audio elements alongside visuals, capturing the attention of users while they are consuming other content. This format offers a unique blend of audio and visual stimulation, making it an effective way to engage users and leave a lasting impression.
  • Programmatic audio ads: using programmatic advertising technology, brands can target specific audiences and deliver their ads in real-time, ensuring that they are reaching the right listeners at the right moment in their journey. This increases the chances of capturing the attention of the intended audience and driving desired outcomes. They can be inserted into podcasts or music streaming services.

Components of an audio ad

 

A great audio ad grabs attention, stirs emotion, and inspires action. Here are some common key components of an effective audio ad:

  1. Script: keep it clear, concise, and engaging. Use simple language, tell a relatable story, and follow a problem-solution format to connect with listeners and drive recall.
  2. Voice: choose a voice that reflects your brand’s personality—whether friendly, professional, or playful. Prioritize clarity, energy, and diversity to ensure broad audience appeal.
  3. Music: use background music that matches the ad’s tone and audience preferences. It should enhance the message, not overpower it, with balanced volume and cultural relevance.
  4. Call to action (CTA): make your CTA direct, urgent, and memorable. Encourage immediate action with clear wording, repetition, or catchy phrasing.
  5. Technical quality: invest in professional sound and keep your ad within optimal length (30 seconds – no more than 65 words; 60 seconds – no more than 100 words). Poor audio can ruin even a strong message.
  6. Companion banners: pairing audio with visuals creates a richer, multi-sensory experience. Companion banners boost brand recall, reinforce messaging, and offer clickable paths for seamless engagement and conversions.

Benefits of audio advertising

Audio advertising offers many benefits for brands looking to engage with their target audience and drive impactful marketing campaigns. From reaching a wider audience to creating a more immersive user experience, audio ads have become a valuable component of any digital advertising strategy. 

In Spotify’s research report Sonic Science, there are some interesting points that bring out the benefits of audio advertising. 

  • Ad recall rate is five times higher than expected even when a listener is multitasking.
  • Digital audio is part of the routines of 63% of listeners; advertisers can take advantage of this screenless engagement scope.
  • 75% of listeners clicked on an ad if it was blended seamlessly with the type of audio they preferred.

Furthermore, here are a few key benefits of digital audio marketing:

  • Broader reach: audio ads can connect with diverse audiences across multiple platforms—smart speakers, mobile apps, and digital radio. This omnipresence ensures brands reach the right people at the right time.
  • Personalized and intimate: audio ads feel personal—whether it’s a host-read message or a targeted podcast insertion. Tailoring ads to the content type (like sports or true crime) deepens audience engagement and builds trust.
  • Real-time optimization: programmatic audio enables precise targeting and real-time delivery. With detailed analytics, brands can continuously refine their messaging and boost ROI.
  • Breaks through the clutter: unlike visual ads, audio reaches listeners during everyday moments—commutes, workouts, chores—allowing brands to cut through noise with sound and emotion, boosting recall and brand affinity.
  • Easy and impactful creation: thanks to modern tools and platforms, creating compelling audio ads is easier than ever. From catchy jingles to sound effects, brands can craft memorable experiences that resonate and drive action.

Tracking ad spend and cost-effectiveness

Tracking and optimizing your ad spend is essential in today’s complex digital landscape. With so many platforms available, it’s easy to lose track of where your money is going—and whether it’s working.

Tools like illumin provide real-time analytics on impressions, clicks, conversions, and cost-per-acquisition, helping you quickly identify which channels drive the best results and where to pivot.

To stay cost-effective, start with a clear understanding of your audience and strategically allocate your budget across the most impactful channels. Programmatic advertising streamlines this by automating ad buying and allowing for precise targeting based on demographics, interests, and behaviors—ensuring your ads reach the right people at the right time.

Diversifying your ad formats can also boost ROI. For example, adding audio ads—through podcasts or streaming platforms—can help you connect with audiences in a more engaging and immersive way.

Ultimately, successful advertising is about meeting your audience where they are, with content that captures attention and drives action.

The future of digital audio advertising

Here are some key trends shaping the future of digital audio advertising and why marketers need to keep these in mind and incorporate them into their marketing mix:

  • Interactive voice ads: with smart speaker adoption on the rise, advertisers are using AI and voice recognition to create interactive audio ads that invite real-time responses—boosting engagement and providing measurable results.
  • Immersive audio experiences: 3D and spatial audio technologies are enhancing realism, helping brands create emotionally resonant soundscapes that deepen impact and improve recall.
  • Evolving podcast formats: live shows, serialized storytelling, and interactive podcasts are opening new ways for brands to connect with engaged listeners.
  • AI-driven audio creation: AI is streamlining audio ad production—generating custom voiceovers, music, and scripts—making ads faster, cheaper, and more personalized.
  • Cross-channel integration: digital audio ads are increasingly being synced with other media channels, reinforcing messaging and boosting the effectiveness of multichannel campaigns.
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B2B Advertising: the only guide you need https://illumin.com/insights/guides/b2b-advertising/ Tue, 25 Feb 2025 17:36:39 +0000 https://illumin.com/?p=20292 In the rapidly evolving landscape of business, B2B (business-to-business) advertising is emerging as a critical component for companies aiming to grow, scale, and maintain competitive advantage. 

In this digital era, the spending on B2B advertising is only increasing to reflect the needs of all stakeholders. This spending is expected to reach an estimated 69 billion U.S. dollars by 2026 displaying the sheer growing demand in the segment. 

In this guide, every facet of B2B advertising is discussed- importance, types, best ads, and more. (Updated on February 2025

What is B2B Advertising?

B2B advertising or “business-to-business advertising” is marketing that targets the needs, interests, and challenges of individuals who make purchases on behalf of, or for, their organization (rather than for themselves). In other words, the organization or the business is the customer.

Unlike B2C (business-to-consumer) advertising, which targets individual consumers, B2B advertising focuses on engaging other businesses, often with a longer sales cycle and more complex purchasing decisions. 

The Importance of B2B Advertising

Driving Growth and Revenue

B2B advertising is instrumental in generating leads and converting them into paying customers. It helps businesses identify and reach potential clients who need their products or services. Effective B2B advertising can increase brand visibility, grow sales volumes, and expand market reach.

Building Brand Awareness and Credibility

In the B2B sector, trust and credibility are paramount. Advertising helps establish a company’s reputation as an industry leader. Through consistent and strategic advertising efforts, businesses can enhance their brand image, making them more attractive to potential partners and clients.

Facilitating Long-Term Relationships

B2B transactions often involve long-term contracts and ongoing partnerships. Effective advertising not only helps in acquiring new clients but also in nurturing existing relationships. By maintaining a presence in front of clients, businesses can stay top-of-mind and reinforce their value proposition.

 

Types of B2B Advertising

Content and Search Engine Marketing (SEM)

This involves creating and distributing valuable, relevant content to attract and engage a target audience. Types of content include blog posts, whitepapers, case studies, and eBooks. Content marketing positions companies as experts in their fields and provides potential clients with information that can aid in their decision-making process.

SEM, including pay-per-click (PPC) advertising, targets users actively searching for specific keywords related to your business. Platforms like Google Ads let companies bid on keywords and appear in search results, driving targeted traffic to their websites.

Social Media Advertising

Platforms such as LinkedIn, Twitter, and Facebook offer targeted advertising options. LinkedIn, in particular, is highly effective for B2B advertising due to its professional focus. Social media ads can be tailored to reach specific industries, job roles, and company sizes. Meta advertising powers innovation and helps brands increase reach. 

Email Marketing

Email remains a powerful tool for B2B advertising. It enables direct communication with potential and existing clients. Campaigns can include newsletters, promotional offers, and personalized messages – all designed to nurture leads and build relationships.

Display Advertising

Banner ads, OOH ads, and display ads appear on websites and can be targeted based on user behavior, interests, or demographics. This form of advertising is effective for brand awareness and retargeting potential customers who have previously visited your site.

Trade Shows and Events

Participating in industry trade shows and events offers opportunities for direct interaction with potential clients. Advertising for these events can include digital promotions, sponsorships, and traditional media.

Challenges in B2B Advertising

Long Sales Cycles

B2B transactions often involve a lengthy decision-making process with multiple stakeholders. This can make it challenging to track the effectiveness of advertising efforts and measure return on investment (ROI).

Complex Buying Decisions

B2B buyers typically need to justify their purchases to others within their organization. Advertising must address various concerns and provide in-depth information to support complex decision-making processes.

Targeting the Right Audience

Identifying and reaching the right decision-makers within a company can be difficult. Effective targeting requires a deeper understanding of the target audience’s industry, job roles, and pain points.

Content Saturation

With the proliferation of digital content, standing out can be challenging. Companies need to create high-quality, engaging content that captures attention amidst a sea of information. In a report by Magna and LinkedIn, it was found that B2B advertising faces a challenge in terms of creativity. In fact, 64% of B2B decision-makers feel that B2B ads lack humor, emotional appeal, and relatability. 

Measuring Effectiveness

Quantifying the impact of B2B advertising can be tricky. Metrics such as lead quality, conversion rates, and long-term client value need to be monitored to assess the success of campaigns.

Popular Trends in B2B Advertising

Personalization

Tailoring content and ads to the specific needs and preferences of target accounts is becoming increasingly important. Personalized advertising can improve engagement and conversion rates by addressing the unique pain points of each potential client. In a report, 89% of business decision-makers mentioned they would look into the product offerings and services if the ads were personalized. 

Account-Based Marketing (ABM) Growth

ABM continues to gain traction as companies seek more targeted and effective advertising strategies. By focusing on high-value accounts, businesses can allocate resources more efficiently and achieve better results.

Video Content

Video is emerging as a dominant form of content in B2B advertising. It offers a dynamic way to showcase products, explain complex concepts, and engage audiences. Webinars, product demos, and explainer videos are popular formats. Video content has been instrumental in purchase considerations for B2B decision-makers. 

AI and Automation

Artificial intelligence and automation are transforming B2B advertising. Tools that use AI to analyze data, optimize ad placements, and predict trends can enhance campaign performance and efficiency.

Data-Driven Marketing

Leveraging data to drive advertising decisions is becoming standard practice. Analytics tools provide insights into customer behavior, campaign performance, and ROI, allowing for more informed decision-making.

Interactive Content

Interactive elements such as quizzes, surveys, in-game messaging, and calculators are gaining popularity. They engage users more effectively and provide valuable data that can be used to tailor future advertising efforts.

Influencer Partnerships

Collaborating with industry influencers can extend reach and credibility. Influencers who are respected within a specific industry can amplify your message and connect you with a broader audience. In a survey by Gartner, they found that B2B buyers value third-party interactions and influences while making business decisions for their company. 

Conclusion

B2B advertising is a vital aspect of modern business strategy, offering opportunities to drive growth, build brand awareness, and foster long-term relationships. By understanding the various types of B2B advertising, addressing common challenges, and staying abreast of popular trends, companies can develop effective advertising strategies that resonate with their target audience and achieve their business objectives. As the landscape continues to evolve, staying adaptable and informed will be key to leveraging B2B advertising for success.

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The future of app marketing; get ahead of the curve in 2025 https://illumin.com/insights/guides/the-future-of-app-marketing-2025/ Wed, 19 Feb 2025 16:00:47 +0000 https://illumin.com/?p=20819

Attracting new app users can be difficult for even the most successful brands. However, with the right strategy, tech companies can rake in new downloads.

In a saturated market, consumer attention is elusive, and finding the right audience poses a challenge. But some brands are doing this with massive success. TikTok, Instagram, Facebook, PayPal and others saw incredible growth in 2024, and this can be attributed to clever strategy. 

It’s a given that strong, strategic marketing can boost growth, but what does this look like for mobile app marketing? 

A flexible approach is a much. Leveraging new data and constant experimentation is critical to tap into new opportunities and reach audiences where they are. User behavior continually changes as new websites, platforms, and online hangout spots appear and disappear – this means your strategy must also change. 

Mobile app marketing strategy must-haves

These are the most critical strategies to add to your arsenal when marketing a new or existing mobile app. 

Continuously grow your email list 

Email marketing remains a steadfast way to grow your audience. By expanding your email list you can reach a broader audience. This expansion should be targeted, attracting new emails from users likely to be interested in your application. Too broad an approach could put off potential users of future projects who feel spammed by your messaging. 

There are several ways to grow your email list. Some key strategies include: 

  • Asking in-app
  • Opt-out forms on your website 
  • Newsletter forms on your website 
  • Asking at the point of sale
  • Asking at events 
  • Collecting from social media followers

Email marketing should also be fully incorporated into your app marketing strategy to avoid fatiguing audiences with repetitive messaging. illumin’s email integration makes it easy to integrate email marketing into your customer journeys.  

Leverage loyalty

Customer loyalty is king in 2025. Perks and programs are a great way to build retail existing and attract new customers. Customers are 72% more likely to recommend brands with strong loyalty programs and this includes app users. 

Be creative when identifying what your customers would find valuable in a loyalty program. Some businesses leverage cash rewards, gift cards, or free drinks. For apps, this could be a discount on an in-app purchase or a free trial of a premium subscription tier. Choose an option that works well for both your brand and your user to leverage loyalty for effective word-of-mouth marketing. 

Use incentives

Similar to the perks earned through loyalty programs, free incentives also work to encourage signups and downloads. Everyone loves free stuff! This can be small in-app perks, free trials of premium services, and other targeted incentives designed to attract new users. The trick to nailing incentives: don’t overcomplicate it. A small, simple freebie is all you need to incentivize on-the-fence customers to convert. 

Live on social media 

Social media is still an incredibly effective way to attract new app users. On these platforms, you can market and interact with your target audience. Here are some of the most effective ways to leverage social media for your mobile app marketing: 

  • Make shareable content with viral potential. Use creative visuals, humour, and engaging narratives to resonate with your audience. While creating viral material is a challenge, consistency and persistence are integral.
  • Leverage targeted paid social ads. Platforms like Facebook, Instagram, and TikTok have precise targeting options. You can think of these targeting tools like a matchmaker – use them to push your ads to a specific target demographic for the perfect match between app and user. 
  • Maintain a strong, consistent presence on social media. Social media is all about community building. Use this to your advantage by fostering a community of like-minded, enthusiastic users. These followers will easily convert to app downloads. Build a community of loyal users, which you can convert into app downloads.

Influencer marketing: the modern testimonial

Testimonials have always been a powerful marketing tool. People use products that they trust, and that trust is easily earned through the word of friends and popular public figures. In 2025, this often means working with influencers.

These digital content creators have large communities and strong credibility with their audiences. By leveraging their already honed trust, you can quickly earn a loyal following yourself. These figures can make an impactful difference for marketers looking to quickly earn the hearts and minds of new users. 

Optimize Keyword Targeting

Targeted keywords are essential in appearing in the right search results. This has always been true on Google Search, but it’s now true for Google Play too. Google Play’s Customer Store Listings (CSLs) now support target keyword optimization. App marketers should use this tool to hone in and decisively target specific themes, topics, and audiences. Strong keyword optimization will give you an immediate advantage. 

Understanding Google keyword suggestions

Google will suggest keywords based on your current market position when optimizing your CSLs. Since these suggestions are aligned with your current positioning and not your intended future position, they aren’t necessarily the best choice. It’s important to conduct your own keyword research if you are looking to grow, since relying solely on Google’s suggestions may leave you stagnant at existing traffic levels. 

Ramp up Your Referrals 

Referrals are the bread and butter of app marketing. Word of mouth is and always will be a massive driver of growth. These referrals can come from social media, online reviews, or even in-person conversations. How many times have you looked up an app simply because your friend mentioned it? This means it is essential to provide quality service and to encourage users to share their experiences with friends. Referral discounts are one really easy way to do this. 

Not only is word of mouth is an excellent way to acquire new users. It is also a great way to retain them. Customers who download content or make purchases after referral have a 37% higher retention rate

Constantly experiment

The digital world, including app marketing, is constantly changing. Constant experimentation is critical for understanding how the market is shifting and how you, as a marketer, need to adjust. Leverage A/B testing in-app and across other marketing channels to efficiently learn how customers respond to different language, visuals, mediums, and messaging.  

Final thoughts

Ramping up your app growth can be a daunting task, but it isn’t impossible. By strategically targeting and communicating with potential users in the digital habitats they live in, you can encourage conversions and acquire new downloads. 

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A beginner’s guide to footfall attribution: the basics https://illumin.com/insights/guide-to-footfall-attribution-the-basics/ Thu, 23 Jan 2025 14:16:54 +0000 https://illumin.com/?p=20684 In today’s digital and physical retail world, marketers seek an understanding of how different marketing activities influence in-store visits. Forrester predicts that $28.7 trillion USD of global retail sales will still occur offline in 2028. Footfall attribution is the method used to track and analyze the relationship between online ads, digital campaigns, and the number of people visiting physical stores, helping businesses figure out how their marketing efforts drive customers into their locations.

Let’s break down the concept, how it works, and why it’s important.

What is footfall attribution?

Footfall attribution refers to tracking and measuring how online marketing campaigns (like ads or social media promotions) lead to physical visits at brick-and-mortar stores. For instance, if someone clicks on an online ad and later visits a store, footfall attribution can help connect those two events.

This is key for businesses wantingto see how their digital efforts impact real-world behavior, especially with the increasing role of online-to-offline (O2O) interactions.

How footfall attribution works

Footfall attribution uses a combination of technology, data, and analytics tools to track visitors. Here’s a simplified overview:

  1. Data collection: Data from various sources, like digital ads, location data from smartphones, loyalty programs, and online interactions, are collected.
  2. Tracking footfall: After a customer interacts with an ad or a digital campaign, their visit to a physical store is tracked. This can be done through:
    • Geolocation tracking: This method uses GPS data from users’ smartphones. If a customer has location services enabled, tracking can detect when they enter or exit a store.
    • Wi-Fi or bluetooth: Retailers can place beacons in-store to track when a customer enters based on the Wi-Fi or Bluetooth signals from their devices.
    • Mobile apps: Some businesses use their own apps to track customers who interact with ads and later visit their stores.
  3. Attribution models: Attribution models assign value to different touchpoints in a customer’s journey. Common models include:
    • Last-click attribution: Attributes the store visit solely to the last online interaction (like clicking on an ad).
    • First-touch attribution: Credits the first online interaction that led to the customer’s in-store visit.
    • Multi-touch attribution: Considers multiple touchpoints in the customer’s journey before they visit the store, offering a more holistic view.
  4. Analytics: After gathering the data, analytics tools help interpret the results. Businesses can understand which campaigns or ads are most effective at driving foot traffic to their stores.

Why footfall attribution is important

Footfall attribution can transform any retail advertising strategy with meaningful insights. Footfall attribution is crucial for a number of reasons:

  • Optimize marketing spend: By understanding which ads and campaigns drive in-store visits, businesses can focus their budget on what works, improving their return on investment (ROI).
  • Measure offline impact: Many businesses rely on foot traffic for sales. Footfall attribution helps them understand the impact of their digital strategies on physical sales and store visits.
  • Enhance customer experience: By tracking the journey from digital engagement to store visit, businesses can tailor their online and offline customer experiences for greater success.
  • Cross-channel insights: It gives a more integrated view of how online and offline channels work together, improving overall marketing strategy and performance.Footfall attribution can help you measure and compare the effectiveness of online and offline campaigns across channels, such as native, video, display, connected TV (CTV), digital out-of-home (DOOH), and audio.

Challenges of footfall attribution

While footfall attribution provides great insights, it’s not without challenges:

  • Data privacy: Privacy concerns can arise when tracking customer locations or online behavior. Businesses must comply with regulations like GDPR or CCPA to ensure they’re protecting customers’ data.
  • Accuracy: Geolocation and tracking technologies aren’t 100% accurate. Sometimes, customers might enter stores but not have their location tracked properly, or there could be issues with matching the right online and offline touchpoints.
  • Complexity in attribution models: It can be hard to determine exactly which touchpoint contributed most to the store visit, especially with complex customer journeys.

Key tools for footfall attribution

To effectively implement footfall attribution, businesses use specialized tools. Some of these tools include:

  • GPS and geofencing: Technologies that track when a user enters a specific location based on GPS data from their smartphone.
  • Wi-Fi and bluetooth beacons: These devices are set up in-store to capture the data from customers’ phones when they walk into the store.
  • Location analytics platforms: These platforms collect, analyze, and report on foot traffic data, helping businesses understand customer behavior in relation to their marketing campaigns.
  • Point-of-Sale (POS) data: By connecting online campaigns with in-store purchases, businesses can gain deeper insights into the effectiveness of their marketing.

Real-world examples

  • Retail chains: Large retail brands use footfall attribution to measure how their online ads influence physical store traffic. For example, a clothing brand might run an online ad campaign for a seasonal sale and use footfall attribution to track how many viewers of the ad actually visit a store and make a purchase.
  • Restaurants & cafes: Many restaurants use footfall attribution to understand the impact of online promotions (like coupons or Meta ads) on bringing customers into their physical locations.
  • Shopping malls: Shopping malls use footfall attribution to understand how digital ads influence foot traffic to their stores. Among other data points, they can analyze if promotions for specific stores drive visits to the mall, the number of stores which visitors enter, and more

Footfall attribution is a powerful tool that helps businesses connect their online marketing campaigns to real-world actions. By tracking and analyzing how online activities drive foot traffic to stores, companies can make smarter decisions, optimize marketing spend, and improve customer experiences. While challenges like data privacy and accuracy exist, the insights gained from footfall attribution are invaluable in today’s interconnected marketing landscape.

With the right tools and strategies, businesses can leverage footfall attribution to measure the effectiveness of their marketing efforts and drive success in both the digital and physical worlds.

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Are you ready for retail media advertising? What you need to know in 2025 https://illumin.com/insights/guides/retail-media-advertising-2025/ Mon, 09 Dec 2024 20:23:00 +0000 https://illumin.com/?p=20494 Retail media is evolving.  Here’s what you need to understand the power of retail media advertising in 2025.  

2024 saw significant growth for the channel with brands vying for greater connection to customers when and where they shop. In the US, ad spending for retail media was predicted to grow 26% in 2024 – vastly outpacing the 12.6% growth predicted for overall digital ad spending. The medium is set to continue its trajectory in 2025, with projections estimating over $67 billion in ad spend, representing around 20% of total digital ad spending.

So, what is retail media, why is it growing at such a high rate, and how can you leverage it for your brand? 

What is retail media?

Simply put, retail media is the marketing of retail goods to consumers at the point of purchase. This could be in-store or online and ranges from online ads to in-store signage, free samples, loyalty card offerings, coupons, and more. 

Retail media is constantly iterating. In today’s landscape, the medium now includes a wide range of creative and engaging content from fleet media (vehicles decked out with digital out-of-home ads) and onsite videos like Walmart’s “RomCommcerce” Add to Heart which it shared with customers during the 2023 holiday season. 

What is a retail media network?

When talking about retail media, the topic of retail media networks (RMNs) is never far behind. This is because RMNs are on the rise, evidenced by their now crucial role in modern programmatic advertising

As online shopping and e-commerce continue their dominance, retailers are using their growing digital channels to further connect and engage with target audiences. RMNs are a great way to do this. 

A retail media network is a digital channel (including websites, apps, or in-store digital signage) operated by a specific retailer that provides space for third-party brands to advertise. Most of the time, it is a digital retail store with the ability to sell ad space to third-party brands. 

The difference between retail media and retail media networks is that retail media refers to advertising owned by a retailer or leveraging retailer data. Meanwhile, a retail media network refers to the specific, retailer-owned channels that serve retail media advertisements. 

Types of retail media advertising

There are various retail media types and examples of it. According to the Interactive Advertising Bureau’s Retail Media Buyer’s Guide, there are three main types of retail media ad types:

On-site ads

On-site retail media ads are served on a retailer’s platform. These include display ads and search ads. These can also include sponsored products (promoted listings in search results) and sponsored brands (banner ads within search results). 

Walmart on-site retail media
On-site retail media on Walmart’s website

Off-site ads

Off-site retail media ads leverage retailer data but are served through retail media partnerships.

Off-site retail medai ads in Vogue
Off-site retail media on Vogue’s website

In-store ads

In-store retail media ads are within brick-and-mortar stores. These can be signs, flyers, or audio ads.

in-store retail media ads
In-store retail media ad for Twix

The difference between offline retail media and online retail media

It’s important to understand the differences between offline and online retail media, as each medium presents unique advantages for retailers. 

Online retail media 

Costco online retail media
Online retail media on Costco’s website

Online retail media refers to digital interactions via email, live chats, and social media. It can also refer to media hosted on e-commerce platforms. Audiences may or may not have also interacted with retailers in person.

Offline retail media

Offline retail media, on the other hand, is media shown to audiences inside a physical store. It is a facet of brick-and-mortar retail that uses in-person interactions to provide distinct experiences. It can also be used to creatively tell stories while helping customers easily find the right product. In-store marketing lets advertisers connect with customers and build engagement organically.

In-store, offline retail media - end stands in a drug store
Offline retail media ads in a drug store

Benefits of retail media advertisement

There are several key benefits of retail media, namely that retail media networks connect advertisers to audiences directly at the point of sale. This close-to-purchase connection makes conversion more likely. 

This isn’t the only benefit of retail media. Other benefits to consider are:

  • Access to first-party data, including access to data from loyalty programs.  
  • The ability to build off of existing relationships between brands and retailers
  • The opportunity to leverage rising e-commerce sales
  • Access to a new revenue stream beyond traditional retail 

Retail media has seen substantial growth in the past year and as the media continues its trajectory, it is likely to mature and change. In the coming years, the medium will likely evolve to bring even greater benefits to brands and advertisers. 

How do you measure retail media success?

Like with all marketing, measurement is essential. Brands wanting to get the most out of their retail media investments need key performance indicators (KPIs) to understand what works and what doesn’t. KPIs can give guidance as the what platforms are working, which creatives are most effective, and where ad spend has the most impact. The following are criteria to define before setting out on your retail media journey.

What is your definition of an impression?

In digital advertising, IAB standards clearly define impressions as impressions that occur when an ad is displayed on a website, regardless of whether it is actually seen by a user. There are also standards for “viewable impressions,” which refer to ads that are seen by users.

Retail media poses for challenge for measuring impressions because some solutions don’t separate viewable impressions as a separate metric. Certain platforms may also only report on viewable impressions. It’s important to define for yourself which whether or not total impressions or only viewable impressions is important to your business and to evaluating the effectiveness of your campaigns.

How are clicks per impression counted?

In retail media, typically only one click is counted for each impression. This is true even when a customer clicks on an ad multiple times. While this rule may vary, it’s important to understand how clicks are being counted so that you can interpret your metrics correctly.

How are sales attributed?

You need accurate sales attribution to measure and understand the success of an ad campaign. Sales garnered through retail media can be attributed either to ad views or ad clicks. 

Most of the time, view-based attribution is used for display ads and click-based attribution is applied to sponsored products. There are times, however, when advertisers may choose to attribute sales differently to best reflect their business goals. Take the time to think about how your sales are attributed so that you can more accurately assess campaign performance. 

Does the solution filter bot activity?

Bot activity can heavily influence how you measure campaign performance. Some platforms effectively filter out bots so that your numbers are skewed by fake accounts, but others don’t. If you are unable to accurately filter out bot activity, then factor that into your assessments when interpreting data. 

Takeaways for marketers dipping their toes in retail media:

  • Retail media is becoming an essential tool for promoting products and services. By placing ads close to or at the point of sale, retail media networks connect with customers and increase conversions.
  • This medium gives advertisers better access to first-party data, the ability to build off of existing relationships with brands, opportunities to leverage rising e-commerce sales, and access to a new revenue stream beyond traditional retail.
  • As retailers expand their use of retail media, they also need to fully understand how retail media solutions measure and report key metrics. Effectively gauging the performance of your campaigns is critical to getting the most out of this critical retail opportunity.
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Understanding Demand-Side Platforms (DSPs): what they are, how they work, and why they matter https://illumin.com/insights/guides/understanding-demand-side-platforms/ Tue, 26 Nov 2024 14:44:47 +0000 https://illumin.com/?p=20441 In the world of digital advertising, efficiency and precision are key to reaching the right audience at the right time. This is where Demand-Side Platforms (DSPs) come into play. DSPs have become an integral tool in programmatic advertising, allowing marketers to buy digital ad inventory in real-time through automated bidding. 

With the increasing complexity of the advertising ecosystem, DSPs let marketers optimize their campaigns efficiently and effectively. But what exactly is a DSP, how does it work, and how does it differ from its counterpart, the Supply-Side Platform (SSP)? Let’s break it down.

What is a Demand-Side Platform (DSP)?

A Demand-Side Platform (DSP) is a software solution that lets advertisers buy digital ad inventory across multiple ad exchanges, networks, and publishers all in one place. The goal of a DSP is to automate and optimize the buying process, using data to deliver more targeted ads to users at scale.

With a DSP, advertisers can bid on ad space in real-time through a process known as Real-Time Bidding (RTB). The platform uses various data points, such as audience demographics, behavior, location, and device preferences, to ensure ads are shown to the most relevant users. Essentially, DSPs make programmatic advertising more efficient by streamlining ad purchasing and providing advertisers with greater control over who sees their ads and when.

Key Benefits of Using a DSP(demand-side platforms)

  • Automation and Efficiency
    The automation of ad buying through RTB means marketers don’t need to manually negotiate with individual publishers. DSPs handle everything from selecting inventory to bidding, freeing up time and resources. This leads to faster campaign deployment and real-time adjustments based on performance data.
  • Scalability
    DSPs let advertisers scale campaigns across multiple channels – from display ads to video and mobile —  without the need to manage each platform separately. This scalability ensures you can increase reach and frequency without sacrificing precision.
  • Cost-EffectiveThrough RTB, advertisers only pay for the impressions that are deemed valuable, based on the targeted audience’s likelihood to convert. This makes it a more cost-efficient approach compared to traditional ad buying, where advertisers often pay upfront without knowing the true value of the placement.

A DSP enables hyper-targeted campaigns. With access to vast amounts of user data, advertisers can segment their audience by demographics, interests, browsing history, and even real-time behavior. This results in more relevant ads for users and a better return on ad spend for marketers.

DSP vs SSP: Understanding the Difference

To truly grasp the power of DSPs, it’s important to differentiate them from Supply-Side Platforms (SSPs). While DSPs are focused on the demand side – helping advertisers buy inventory – SSPs work on the supply side, helping publishers sell their inventory.

  • Demand-Side Platform (DSP): The DSP is where advertisers manage and execute campaigns. They use the platform to buy inventory that fits their target audience, optimizing performance in real-time.
  • Supply-Side Platform (SSP): The SSP is used by publishers to manage and sell their ad space to the highest bidder (usually through RTB). It enables publishers to maximize revenue by allowing multiple buyers (advertisers) to bid on their inventory.

In short, DSPs and SSPs are complementary technologies that work together in the programmatic advertising ecosystem. While DSPs represent the demand side of ad buying, SSPs represent the supply side of ad selling.

How Does a DSP Work?

Now that we understand what a DSP is and how it differs from an SSP, let’s dive into the mechanics of how a DSP actually works.

  1. Data Collection:
    DSPs aggregate data from multiple sources, including first-party (such as user behavior on your site), third-party, and contextual data (such as the specific content of a webpage). This information helps the DSP create detailed audience profiles and segment users based on their likelihood to engage with ads.
  2. Ad Auction and RTB:
    When a user loads a webpage with available ad space, the DSP enters an auction to bid on the impression. This happens in real-time, typically in less than 100 milliseconds. The DSP uses its data and algorithms to assess the user’s profile and determine how much to bid on the impression based on its predicted value. If the DSP’s bid is successful, the ad is displayed to the user.
  3. Ad Delivery and Optimization:
    Once the ad is served, the DSP continues to collect data on how the ad performs—such as click-through rates, conversions, and engagement levels. This real-time feedback loop lets advertisers adjust their campaigns dynamically, fine-tuning targeting, bidding, and creative to achieve better results.
  4. Reporting and Insights:
    After the campaign runs, the DSP provides detailed reporting and insights. This includes metrics like impressions, clicks, conversions, and cost-per-acquisition (CPA). With this data, advertisers can evaluate campaign performance and optimize future efforts.

Conclusion: DSPs Are Essential for Modern Advertising

Demand-Side Platforms revolutionize the way advertisers approach digital advertising. By automating the ad-buying process, providing powerful targeting capabilities, and enabling real-time optimization, DSPs make it possible for marketers to reach the right audience with the right message at the right time.

Whether you’re a large brand or a small business, leveraging a DSP can help you make smarter, data-driven decisions, increase efficiency, and ultimately improve your ROI. As the world of digital advertising continues to evolve, embracing programmatic solutions like DSPs is crucial for staying ahead of the curve.

Learn more about illumin’s solutions here.

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Programmatic Advertising: The Ultimate Guide https://illumin.com/insights/guides/guide-programmatic-advertising/ https://illumin.com/insights/guides/guide-programmatic-advertising/#comments Thu, 19 Sep 2024 06:20:40 +0000 https://illumin.com/?p=14146 For every business, being strategic and fully understanding the ins and outs of programmatic advertising before making the transition is critical for long-term success. You could have a brilliant ad, but the campaign will never reach the intended audience without the right strategy and the right targeting. This is where programmatic advertising shines when leveraged well.

Programmatic advertising can be found everywhere: from the websites you visit to the ads on YouTube – and even new formats like interstitial podcast ads or short clips on your connected television. The medium represented over $96 billion of digital display transactions in the US in 2021. This guide on programmatic advertising lays the groundwork for a successful programmatic campaign, telling you everything you need to know about how it works and how to leverage programmatic targeting for success. 

What is programmatic advertising?

The term programmatic refers to how digital ads are sold or bought and programmatic advertising is the process of using technology to automate several aspects of the ad purchasing process. It is more efficient to purchase this way and allows for stronger optimization of digital campaigns. 

Programmatic advertising can be used to strategically plan and execute campaigns for specific audience segments, geographic locations, or across multiple channels like video, mobile, display, and Connected Television (to name a few). 

This methodology of planning and automating ad buying is effective for advertisers and brands irrespective of size since it does away with the “hit or miss” results of traditional display advertising campaigns. With the strategic planning and adjustments made possible through programmatic, reliance and efficiency increase. Algorithms also help advertisers better understand the best way to spend their ad money. 

Programmatic advertising works especially well when building a long-term connection with your audience. It gives advertisers the upper hand for scalability and optimization, helping them create iterative campaigns for improved results. With programmatic advertising, brands can place ads in relevant channels and target the appropriate audiences for better results and improved ROI. 

Some must-know programmatic terms are:

 

  • Demand-side platforms (DSP): Platforms that let media buyers automate and optimize digital ad space purchasing.
  • Supply-side platforms (SSP): The other end of the spectrum – publishers use SSPs to manage and sell ad space on their own apps or websites. 

The benefits of programmatic advertising

Programmatic advertising makes it easier for advertisers to access a broader ad space inventory and leverage effective audience targeting. Some key benefits of programmatic advertising include:

  • Reach larger audiences: Advertisers can reach larger, more relevant groups than when purchasing ad inventory from several disparate sources.
  • Increased flexibility: Advertisers and buyers can make adjustments to ad campaigns transparently and flexibly. 
  • Better targeting: There is less wasted ad spend as targeting is more effective and weighed against impressions. 
  • Efficiency: Both sellers and buyers can achieve better returns on their respective investments. 

How does programmatic advertising work?

Programmatic advertising requires advertisers to have an automated, ongoing connection with publishers (those with ad space to sell). Through this connection, advertisers can manage ad inventory. This connection is made using software instead of individual, manual negotiations. Additionally, with programmatic advertising, advertisers can pay for ad impressions instead of paying a flat rate across all platforms. Advertisers can also leverage both sell-side and demand-side platforms to buy across open networks. 

For programmatic advertising to work, advertisers need to properly manage their audience, placements, budget, bidding strategy, creatives, and assets. Companies need to mention and specify target audiences, interests, and other essential parameters when leveraging programmatic advertising. These parameters can include: 

  • Demographics: age, gender, location
  • Interests: medical news, new devices, health information, etc.
  • Devices: laptops, desktop computers, tablets
  • Behaviors: trends in the medical field 

Programmatic platforms like DSPs will use this data to target appropriate audiences. The DSP bids for ad spaces on relevant apps, publications, and websites in real time. Once the relevant audience starts reacting to ads, organizations can view core KPIs like sign-ups, click-throughs, and impressions.

Types of programmatic advertising

Programmatic advertising is categorized based on how ad inventory is purchased. The most common forms of programmatic advertising are: 

  • Real-time bidding: Advertisers purchase ad space on an open marketplace. Ad auctions happen in real-time where millions of microtransactions can take less than 100 milliseconds to complete. 
  • Preferred deals: In this type of programmatic advertising, advertisers can choose the ad spots they want before they go to an open or private marketplace. 
  • Private marketplace: In a private marketplace, publishers set agreements with advertisers for ad space. This type of bidding lets websites set their ad space at the best price possible.
  • Programmatic guaranteed: In this form of programmatic advertising, there is no bidding process. Instead, the ad placement process is automated. In this form of programmatic purchasing, both buyers and publishers can manage and regulate inventory. 

Common methods for ad targeting with programmatic advertising

Programmatic advertising is based on efficient targeting. Here are some common targeting methods:

Audience targeting 

Ads are shown to audiences based on data and potential user interest. Cookies from websites may be used to gather this data for relevant targeting, although there are cookieless data strategies that are gaining momentum. In practice, this means that when a targeted user visits your site, they will shown your ads later when scrolling YouTube or watching a streaming service. 

Contextual targeting 

In this form of targeting, ads are shown based on the website’s context and content. So if an advertiser is selling a health tech product, they might target users on health blogs, publications, or wellness-related platforms and apps. 

Geotargeting 

Brands can also target customers based on their location. Data from the current or past locations of users is used to target, ensuring the right customers are reached in the right places. 

Keyword targeting 

This form of ad targeting focuses on using specific keywords to reach the right audience. This is very similar to contextual targeting and its execution is most often seen in search and social media ads. 

Retargeting

This method refers to the act of re-engaging audiences who’ve previously interacted with your brand. This can be through cookies or a tracking pixel. 

What’s next for programmatic advertising?

The future of programmatic advertising is vast given the strategy’s potential. Many ad-tech companies are now turning to automation and artificial intelligence to build even greater efficiency into the media buying journey. 

Automation 

Automation in programmatic advertising is already prevalent, however, advances in artificial intelligence technology have helped increase the efficiency, relevance, and profitability of ad placements. Big data insights, GPT-3, and augmented intelligence solutions will also continue to impact marketing automation initiatives. 

More than a demand-side platform 

There is disintermediation on both the DSP and SSP side of ad tech. There is also a paradigm shift in programmatic advertising with both platforms stepping into each other’s traditional boundaries. 

For example: solutions like illumin focus on the entire consumer journey to holistically enhance advertising outcomes. illumin offers media planning, media buying, real-time intelligence, and more all in one place, reducing marketing costs and enhancing desired business outcomes. 

Increased personalization 

Ad tech now requires high-level personalization and real-time measurement. It is going to continue to be essential to make decisions based on accurate data and insights – all while prioritizing user privacy

Artificial intelligence and machine learning 

Artificial intelligence (AI) is already used to find patterns, analyze actions, and predict future user behavior. AI can also be used to find the best times and locations to place ads. 

Bottom line 

Programmatic advertising is not new, in fact, it is as old as the digital banner ad itself. But the late 2000s saw a staggering evolution in the medium and programmatic platforms are more capable than ever. And now, Current technologies like AI are bringing an exciting edge to the world of programmatic. Programmatic advertising is a major facet of modern advertising and its ability to serve media to users at different points in their purchasing path is essential to long-term, digital success.

 

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The complete guide to display advertising https://illumin.com/insights/guides/complete-guide-to-display-advertising/ Wed, 21 Aug 2024 14:54:23 +0000 https://illumin.com/?p=16888 Display advertising is a sub-type of online advertising that combines elements such as banners, text, images, video, and audio formats. They are typically served on consumer-facing news websites (such as those for newspapers, cable channels, etc) where users can perform several different types of calls-to-action, such as simply learning more, or buying/booking products or services.

Display ads can take many forms such as – static, animated, rich media, text, or even audio. Global spending on digital advertising is expected to reach 836 billion dollars by 2026; it is important to understand the display advertising format in detail to add it to one’s marketing mix.

What is display advertising? 

Display advertising is an important part of online advertising. These are visual ads that are placed on websites, apps, social media networks, or any channel that is clickable and redirects users to dedicated landing pages. Banner ads, mobile leaderboard ads, desktop ads, and more are display advertising examples. These display ads align with the content of the host website or social media network and audience preferences, similar to native advertising.

What are display ads?

Display ads are an excellent way for brands to increase the reach of their message and target new potential customers. They are visually appealing and provide an opportunity for advertisers to incorporate copy and graphics into content that will capture the reader’s attention and drive them toward a desired action. Display ads also provide a cost-effective way to advertise with measurable performance, allowing the tracking and optimization of campaigns in real-time.

The objectives behind display ads can vary depending on the organization and range from building brand awareness to generating leads or driving traffic to certain web pages or specific landing pages.

By leveraging geotargeting capabilities, businesses can tailor their ad content and call-to-action messages to their exact audience demographics within milliseconds. This enables better customization for specific regions while keeping costs lower compared to traditional advertising methods.

Additionally, with native advertising gaining recent traction, brands can now present users with relevant content that seamlessly blends within their experience on webpages, enhancing engagement potential.

Display ads versus native ads

Display ads and native ads work pretty closely.

Display ads are one of the oldest and still quite important methods of online advertising. Display ads are an umbrella term used for several types of different ad formats such as banner, text, video, audio, and interactive ads found in emails or web content. The main aim of display advertising is to reach potential customers with memorable visuals (like creative images and interesting videos) while trying to stand out from the sea of content out there.

On the other hand, native advertising is a newer type of online advertisement that looks less aggressive or “pushy” than traditional ads. It works by delivering promotional messages in a way that appears organic and mimics the appearance of non-paid content. This type of advertising usually appears in news feeds or recommended sections on websites so that it fits seamlessly into its surroundings, appearing more as part of the user experience than a disruption. These ads are more organically woven into the content on the website or page.

Why you should include display ads in your marketing campaigns

Display ads are an effective way of reaching out to customers on a global scale. The Google Display Network, for example, has the potential to serve ads on millions of websites while targeting users with ads that are relevant and timely.

Increase business: Crafting thoughtful messages in various display ad formats can draw attention to your offers and bring clicks, conversions, and sales even from those who may not have considered your business originally.

Raise brand awareness: Remarketing campaigns through display ads are especially useful in increasing brand awareness by reminding users who have visited your website what they’re missing out on once they have left. Display advertising can influence readers in such a way that it increases brand visibility while simultaneously providing users searching for the perfect solution with what they need.

Better return on investment: Selecting the correct target demographic for these campaigns is key to ensuring that each ad-spend investment is as effective as possible in terms of generating ROI for your company’s marketing efforts.

 

How does display advertising work?

The key to successful display advertising lies in accurate targeting – finding the customers most likely to respond positively to your messaging and using creative strategies to capture their attention.

1. Define your audience

Creating an effective ad campaign starts with properly defining your audience. Knowing who you want to target and where they are located is essential for ensuring your message reaches the right people. You can begin by identifying the demographic information you wish to target, such as age range, gender, location, and more.

Additionally, making use of shopping information allows you to narrow your focus even further based on interests and previous behaviors that have been identified as being associated with a higher likelihood of a positive response to your ads.

Here, those who have already visited or interacted with your products or services can be served up additional targeted content that helps keep your brand top-of-mind. Considering who it is that you’re trying to reach can help increase the effectiveness of any ad campaign, as well as ensure that its message resonates with the right people.

2. Set your campaign goals 

When creating a campaign, it is important to establish clear goals. The key performance indicator (KPI) that best represents the desired business outcome should be chosen beforehand and a budget for the campaign should be defined.

Many settings can also be customized when launching a campaign, including pacing, supply sources, device types, pre-bid traffic filtering, and more. Determining the correct settings depends on the nature of an individual campaign and its aims; however, factors such as ensuring adequate pacing of spend over time to avoid burnout while simultaneously creating competition in the auction space can help increase overall performance.

Utilizing pre-bid filters can also be effective in targeting potential customers without wasting money. Selecting relevant device types within certain platforms can aid alignment with targets while also preventing wasted ad-spend if certain devices are likely to perform poorly or have limited reach.

3. Size display ads to the right specs

Creating display ads to spec is necessary for any successful digital advertising campaign, as the fluctuating size dimensions of modern platforms need to be considered when designing creative for these types of ads. Incorrectly sized ads or those with poorly formatted images can appear odd, reducing their effectiveness and potentially damaging a brand’s online reputation. This not only applies to different devices, such as mobile phones, tablets, and desktops but also to multiple formats such as animated GIFs, HTML5 banners, or static images.

It is important to have a single piece of creative that is sized for all the chosen display ad formats required. While some elements of the ad may remain consistent across all sizes, it is certain that some elements will be omitted on certain sizes to create an aesthetically pleasing design. For instance, in larger display ads there could be more room for additional body copy that wouldn’t fit on smaller ad sizes – however, this would need to be omitted in smaller ads to prevent them from becoming cluttered and difficult to read.

4. Monitor the metrics of your display ads

When it comes to monitoring the metrics of a digital display ad campaign, there are numerous factors to take into account. It’s essential to pay close attention to exactly how your campaign settings and creative elements are impacting the success of the advertising, including headlines, visuals, and calls-to-action (CTAs). With this information, you can make changes that improve your acquisition rate, return on ad spend (ROAS), and click-through rate (CTR).

For example, if you find that your headline isn’t compelling enough or catching enough attention from viewers, then use A/B testing to test alternative copy to increase your reach. Additionally, explore creative options for images and CTAs that might entice more clicks and attract more customers.

5. Analyse learnings for future display ad campaigns

When crafting any display marketing ads, it’s important to take note of what works and what doesn’t so you can optimize for future campaigns. Analyzing the insights gleaned from a campaign can save you time, money, and effort in the long run. Three essential elements to consider when optimizing are creativity, audiences (who will see your ads), and bidding (how much you’re willing to pay).  

Benefits of Display Ads: Key Takeaways for Marketers

Here are the major benefits of display advertising:

Measurable outcomes 

The success of a display advertising campaign can be measured in multiple ways. Depending on the call to action (CTA) used, different marketing metrics can be employed for an effective analysis.

For instance, if the CTA involves “experiencing the brand”, it could be monitored through clicks on the display ad itself and associated cost per click (CPC). Other visible results that should be involved in measurement include impressions, conversions, return on ad spend (ROAS), etc.

All these are essential metrics to recognize whether or not the ad created the desired effect with its intended audience. It is also important to estimate what stimulated the shoppers into taking certain actions related to the displayed product or service.

Various data points collected from this type of analysis provide detailed insights into customer behavior. By studying them, advertisers can reach informed decisions about their marketing efforts and associated resources.

With metrics like engagement rate and engagement index, assessing advertisement campaigns becomes easier than ever before. The combination of diverse metrics allows teams running these campaigns to gain accurate answers and valuable perspectives from consumers; and use them for better future strategies when it comes to making advertising decisions.

Cost-effective solution

Display advertising offers an incredibly cost-effective advertising method that allows for ample flexibility. Not only is it much more affordable than traditional advertising methods like TV or radio spots, but brands can also modify their visuals, call-to-actions, and messaging during a campaign. This lets them continuously optimize campaigns and get the most out of their budget.

For example, if one ad isn’t getting the desired results after it begins running, you can easily switch things up with new creative or messaging. This helps maintain a high level of efficiency while reducing costs per action for your marketing efforts.

Additionally, since display ads are placed across various networks on multiple websites, you have more potential points of contact with your target market – with no extra cost attached. Display ads offer an unparalleled level of customization and value for businesses looking to maximize their budget in the most effective way possible.

Works well with other channels

Display advertising can be a powerful way to reach potential consumers who may not have considered your brand before. When combined with other channels like social media marketing, it can result in an increased return on ad spend (ROAS) or even create a halo effect that continues to bring new customers after the initial purchase.

Flexible 

Display advertising is an incredibly versatile tool for businesses of all sizes. It allows for flexible testing of various ad copy, visuals, and calls to action, enabling brands to more effectively pinpoint which messages will resonate best with their intended audience. Additionally, it is ideal for testing headlines in less-flexible ad formats such as TV spots or billboards, as well as being effective when used alone or in conjunction with other digital marketing channels.

The majority of display ads are delivered through programmatic advertising technology, making them one of the most widely used forms of advertising. In addition to its flexibility and easy implementation across multiple platforms, this technology also tracks each ad’s performance over time, allowing brands to test different variations and gain useful insights into their campaigns.

As a result of these advantages, display advertising is a go-to choice (or piece of the marketing mix) for many brands looking to reach new customers or markets online.

 

Six effective display ad CTA examples

Display ads must have the right CTA to lead to the best results, regardless of the types of display advertising. Instead of generic call-to-action phrases, brands should select ones that yield the right outcomes. Here are some effective display ad CTA examples-

  • Learn more: To lead to an informational page
  • Shop now: To lead to the product buying page
  • Pre-order now: To lead to the pre-order form if the product is not yet available for purchase
  • Sign up: To lead to the lead capture page
  • Book an appointment: To book an appointment directly
  • Get your free copy today: To sign up for a free copy or product

Bottomline

Display ads have become a part of modern life within the online world. However, if used correctly, display advertising is a powerful tool to help increase brand awareness and generate sales. Using these strategies can help ace your display advertising strategy. Keeping it simple with the right words, fonts, and colors can be helpful. Regularly optimizing and testing ad materials and strategies is important.

 

To see more from illumin, be sure to follow us on Twitter and LinkedIn where we share interesting news and insights from the worlds of ad tech and advertising.

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A quick, handy guide to mobile advertising https://illumin.com/insights/mobile-advertising-guide/ Tue, 20 Feb 2024 12:00:20 +0000 https://illumin.com/?p=18105 The art of mobile advertising offers huge opportunities and potential to marketers everywhere. Here’s a quick guide on how to step up your mobile advertising game.

Let’s face it: using our phones is second nature. Society has been so glued to our mobile devices that mobile and technology companies develop features and applications that help further integrate our lives into our devices and make everyday tasks that much easier. However, it’s not only the tech and phone companies that have invested in and taken advantage of this multi-year trend.

The digital advertising world is constantly investing and looking for ways to engage with and target consumers – including mobile advertising. In fact, spending for mobile advertising is expected to surpass $300 billion U.S. dollars by 2024.

The basics of mobile advertising is a familiar concept. However, many marketers are unaware of the full extent of the format’s potential and value to their existing strategies. 

This quick guide will help you solidify the basics of what mobile advertising entails and how to properly invest in your mobile strategy.

What is mobile advertising?

Mobile advertising is any form of advertising that appears on mobile devices. These devices can be via smartphones, tablet computers, or even within downloaded apps such as mobile games. These devices are used to showcase ads in various formats, such as text ads via SMS, mobile banners, or other display ads. This is not to be confused with mobile marketing, as mobile marketing is a more general term and encompasses mobile advertising and other forms of marketing communications.

Why invest in mobile advertising?

Given how essential mobile devices are to the everyday lives of their users, so too is mobile advertising for marketers. Mobile advertising brings many benefits such as the potential market size of the format. 

As mentioned earlier, ad spend for mobile devices is expected to surpass billions of dollars by 2024. This is fuelled by the fact that mobile usage among US adults has been consistently growing, from 248 million in 2021, to 250.7 million in 2022, and 253.3 million in 2023. At this rate, smartphone use continues to garner sustainable growth in 2024. Advertisers are able to tap into this vast target market, significantly increasing brand awareness and generating leads for their business. 

Another benefit to investing in mobile ads is the potential to specifically target your audience into various segments, allowing you to reach specific audiences based on location, demographics, and behavior. Because of how large the mobile user market is, the possibilities are seemingly endless in optimizing and improving your mobile ad strategies. Mobile advertising can improve your lead scoring and the quality of users attracted to your brand, in turn raising the chances of converting potential customers into actual buyers. 

Because of the rise of mobile online shopping and browsing, marketers are also able to leverage the power of mobile advertising. They can reach customers where they are most likely to engage with ads and call them to action much more quickly, ultimately increasing visibility, reaching new customers, and driving sales.

Types of mobile ads

Mobile advertisements can come in different types and formats, with each one having various pros and purposes. It’s important to know which type of mobile ad is the most effective one to use in certain platforms and scenarios so that you’re able to effectively use your advertising budget and strategies in the most efficient and optimized way. Here are some of the types of mobile ads used today.

Banner ads

Banner ads are small, rectangular images, typically combined with text, that are shown at the top or bottom of the screen. Banner ads are common as they are cost-effective, universally integrated, and easy to launch. They are also unintrusive, typically part of the user interface instead of disrupting the user experience. 

While they are cost-effective and easy to implement, users tend to develop ad fatigue and blindness to the messages contained within banner ads. As a result, they can lead to unintended and mistaken clicks. It’s important to develop mobile banner ads that are eye-catching, have a striking message, and are specifically targeted to those who will likely engage with them. 

Interstitial ads

These are ads that appear in the user’s navigation through an app or browser and typically occupy the whole screen. Once the ad is displayed, the user is pushed to take an action (such as responding to the CTA or closing the ad). 

The benefit of using interstitial ads is that they excel at grabbing a user’s attention and fully immersing them into the ad. On the other hand, some users find these types of ads annoying and ineffective since they are intrusive to the user experience.

Video ads

As the name suggests, video ads make use of videos. They often result in high engagement and interaction rates since they grab the attention of the user. Video ads would need to be of high quality, and duration also matters –  lengthy videos can lose users’ attention and interest. Videos typically also have a higher cost barrier when it comes to content creation compared to static images and ad materials. 

Playable ads

Playable ads let users experience a small part of an advertised app while viewing the playable ad. In other words, it allows users to interact with a snippet of a mobile app. These types of ads are commonly used for in-game apps. Utilizing playable ads gives users a glimpse of what you are advertising; they can be effective because they leave users wanting more.

Rewarded ads

Rewarded ads incentivize users by offering a reward once they complete certain actions. For instance, making users watch the entirety of a video ad so that they can claim a gift card, discount code, or in-game reward (in the context of mobile games). 

Many advertisers use this type of ad because of the high level of interaction and engagement. However, there is a risk of attracting unqualified traffic and careful targeting must be exercised to ensure high audience engagement.

Native ads

Native ads are those that match the content, visual feel, and form of media they appear in; it is digital advertising that blends in seamlessly with its environment – be it the web, social media platforms, or other online formats. 

They can appear in the form of static visuals, texts, or videos. Native mobile ads make for an organic experience, seeming as if they belong to the app or page they appear on. As a result, they create a seamless experience and help to maximize clicks, user retention, and engagement. However, advertisers need to consider that native ads must be flexible such that they can be easily tailored to fit different formats and experiences.

Rich media ads

Rich media ads offer an enriched experience to the user through the implementation of various animated effects (scratch banners, interstitial ads, swipe ads, cube ads, etc.). They usually contain a set of HTML, CSS, and image files. In other words, they implement and make use of various creative mobile advertising media. 

Other types of mobile ads

  • Push notifications: These pop-up ads are delivered to consumers at any time, usually appearing as a bubble at the top or bottom of the smartphone screen. This means users don’t have to be using a specific app in order to receive an ad notification. 
  • Image text and banner ads: Users who click on these ads are redirected to the advertiser’s page in a browser.
  • Click-to-download ads: When a consumer clicks on these ads, they are routed to their device’s App Store, to download the advertised app.
  • Click-to-call ads: Advertisers allow users to click on their ads in order to call them directly with their smartphone’s dialer.
  • Click-to-message ads: A consumer who clicks on this type of ad is directed to contact the advertiser directly via their phone’s SMS app.

Uber Push Mobile Advertising

Uber Canada uses push notifications to deliver its ad on offering 20% off its rides

Types of mobile marketing strategies

In addition to the types and forms of mobile ads, there are also a handful of types of mobile marketing strategies advertisers can take advantage of. 

  • App-based marketing: this type of mobile marketing strategy involves the usage of mobile apps. An example would be Meta’s mobile app having a Promoted Post feature that integrates the ad seamlessly with a user’s news feed. 
  • In-game mobile marketing: these refer to mobile ads that appear within mobile games. They can appear as banner ads, full-page image ads, video ads that appear between loading screens, etc. 
  • Location-based marketing: these are ads that appear on mobile devices based on a user’s location relative to a specific area or business. 
  • QR codes: this type of mobile strategy makes use of QR codes. These unique barcodes are  scanned by users that are redirected to a specific page that extends the  brand’s ad experience.
  • Mobile search ads: mobile search ads are those that appear within a search engine, mirroring the look and feel of organic search results but with an added CTA.. An example would be the mobile Google search ads that show a business’ Maps location or a click-to-call option when a person makes a search query for a particular business or brand. 
  • SMS: SMS marketing involves capturing a user’s phone number and sending them text offers. The ad is delivered through a text message and can appear as text or an image. 

Challenges of mobile marketing

While mobile advertising offers various benefits and advantages, there are also some challenges and things to consider when utilizing them. 

  • The shift towards a cookieless environment: A cookieless future means you will no longer capture data identifying individual users from third-party data providers. Several browsers  have already decided to make the shift to eliminating third-party cookies in efforts to comply with industry changes (such as Apple restricting third-party cookies from collecting individual data in their Safari browser). Cookieless marketing efforts that don’t depend on third-party cookie data are recommended.
  • Too many choices: While choice is often considered a good thing (especially in regard to mobile marketing strategies), it can be overwhelming. Some features are unique to mobile platforms, while others can be used on both mobile and desktop. Some avenues are much more effective to use than others. The trick is knowing which one to use and when.
  • Measuring success: It’s not always easy to determine whether a user has completed an action based on a push notification or if a user has ignored a notification entirely. There can be blind spots when it comes to tracking your metrics and looking at the big picture. Consider requesting feedback directly from your audience to know what exactly works and what doesn’t.

Tips on successful mobile advertising

Amidst all the ongoing changes in the mobile world, it can be challenging to navigate through them all. Here are some tips on staying on top.

  • Know your audience: To get the most out of your marketing efforts, identify your target audience. Use contextual targeting and segmentation to ensure all your campaigns and efforts are received and responded to.
  • Define your purpose: In conjunction with identifying and targeting the right audience, it’s also important to clearly define your campaign’s purpose and message. What goal should your ad campaign achieve (lead generation, brand awareness, etc.)? Knowing the purpose of your campaign can dictate the right type of mobile ad and tools to use.
  • Have a clear and concise messaging (but make it impactful!): Sometimes, less is more. Due to the smaller screen size of  and other mobile devices, one should be mindful of the messaging and graphics used. Choose clear and concise headlines, use words sparingly, and create eye-catching graphics and images so users won’t scroll through and skip your ads.
  • Optimize for mobile and local usage: A portion of mobile searches have local intent and often complement their worldly interactions such as searching for the nearest restaurant or gas station. Optimizing for local mobile marketing ensures you are aligning with user’s queries. Optimization includes (but is not limited to) optimizing according to screen resolutions, geotargeting or location-based marketing, creating unique ads and campaigns specifically for varied devices, etc.
  • Be mindful of ad frequency: Sometimes it’s quality over quantity. Consider how often you present your mobile ads in order to avoid ad fatigue among your target audience. Placing numerous ads frequently can result in uninterested and unresponsive users. Sometimes the strategy may be to serve ads less frequently but make those ads count by serving engaging and meaningful creatives to users.
  • Experiment with different methods and strategies: Changing up your ads and campaigns can result in higher engagement, better response rate, and higher clickthrough rate overall. Don’t be afraid to play around and use different forms of mobile ads and see which ones work best and yield the highest ROI.
  • Track your results: Much like any other type of marketing campaign, tracking your results helps you identify which strategies and ads do and do not work. Setting the right KPIs and tracking your performance can help you stay on top of all advertising challenges that may come your way.

Examples of mobile ads

Avion Rewards promotes its products on Instagram

Canada-based Avion Rewards makes use of the sponsored posts feature on Instagram to promote their service, offering a $10 welcome cash offer when users sign up for their service.

Avion Rewards Intsertitial Ad

Avion Rewards uses interstitial ads on Instagram to entice users to sign up with a $10 cash offer

Zen Match gives players a sneak peek of their mobile game

Users who play the rhythm-based game BeatStar may occasionally see a playable ad from Zen Match after every level they finish. The playable ad gives players a preview of the puzzle game that they can download directly if they’re interested in doing so.

Zen Match Playable Ad

Puzzle game Zen Match gives users a test play of their app 

Destination Ontario places banner ads on Narcity

Destination Ontario has placed multiple banner ads on various posts from the online lifestyle blog Narcity which are optimized for mobile. The ads make use of relevant targeting as they promote tourist spots and spas on a blog centered on travel and tourism in Ontario.

 

Destination Ontario Banner Ad

Destination Ontario places a banner ad on the travel blog Narcity, targeting local tourists

Final thoughts

Mobile advertising is a way to create a more valuable and meaningful impact for your brand. By tapping into this huge, continuously growing market, you can reach a wider audience that is relevant to their offering. 

But at the end of the day, its effectiveness comes from knowing what your goals, intentions, and key performance indicators (KPIs) are. Knowing the goals and purpose of your ads can help you determine the right type and form of mobile ad to use and ultimately, maximize the returns of your advertising strategies. 

 

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Meta advertising: what you need to know https://illumin.com/insights/guides/meta-advertising-what-you-need-to-know/ Mon, 22 Jan 2024 16:23:47 +0000 https://illumin.com/?p=17832 With the success of the social media phenomenon, marketers continuously utilize Meta in their advertising strategies. Here’s what you need to know if you want to add Meta as part of your strategies as well.

Platforms like Meta continue to dominate the social media advertising scene, especially with Facebook rebranding to Meta several years ago in order to better integrate its acquisition of Instagram. Meta continues to power advertisers’ core advertising strategies as the platform develops and innovates, bringing a top-the-of-the-line ad performance. Here’s what you need to know if you want to add Meta as part of your strategies as well.

What is Meta advertising?

Meta advertising through the years

Meta advertising has been around for more than a decade, dating back to 2004 in the platform’s infancy stages when it offered ‘flyers‘ and bits and pieces of ad space to companies in exchange for a small financial cushion to get the platform off the ground. 

However, it wasn’t until 2007 when Facebook officially launched its ‘Facebook Ads’ platform which allowed businesses to create individual profiles as well as “social ads” which were ads that combined social actions from a user’s friends (such as recent purchase of a business review) with an advertiser’s message. 

Several years later, it introduced ‘Sponsored Stories’, a desktop ad program that placed paid ads directly on users’ news feeds as well as expansion to mobile ads. By 2014, Facebook rolled out its three-level advertising campaign structure, offering “campaigns” and “ad sets” on top of standard ads. 

Campaigns consisted of overarching plans that correspond to specific advertising objectives and were designed to help users optimize and measure results of individual ads. 

Ad sets, on the other hand, are subsets of a campaign that could feature their own budgets and target separate audience segments. Facebook ads expanded its ad formats, featuring eight separate advertising options such as: photo, video, stories, Messenger, Marketplace, carousel, slideshow, collection, and playable content. 

With the rebranding of Facebook to Meta, new technology and trends will bring new formats to explore and familiar processes to refine.

How does it work?

At its core, meta ads are ads served to users based on their previous interactions and behaviors online. They leverage data collected about individuals’ browsing habits, search history, and other online activities to deliver ads that are highly relevant and personalized. 

Meta ads make use of ‘cookies’. When a user visits a website or engages with an online platform, a cookie is placed on their device. This cookie collects information about the user’s activities (such as the websites they visit, the products they browse, etc.). This data is then used to create a comprehensive profile of the user, which includes their interests, preferences, and demographics. Advertisers can then use this information to target specific groups of users who are most likely to be interested in their products or services.

However, with the deprecation of third-party cookies by companies like Apple and Google in early 2024, Meta has taken it upon themselves to create more in-house data integrations in its platform via the Conversions APIThe Conversions API is designed to create a connection between an advertiser’s marketing data from an advertiser’s server, website platform, mobile app, or CRM to Meta systems that optimize ad targeting, decrease cost per result and measure outcomes. In other words, the Conversions API tool helps advertisers use their own marketing data to optimize ad targeting, and is built to honor people’s privacy preferences without it being dependent on browser technologies that collect third-party cookies. 

Meta ads also utilize advanced algorithms and machine learning to analyze and interpret the collected data. These algorithms are constantly improving and evolving, allowing advertisers to deliver highly targeted ad campaigns that generate better results. 

Another important feature of meta ads is retargeting. This strategy involves showing ads to users who have previously interacted with a brand or visited their website. By reminding these users of their previous interests, retargeting aims to bring them back into the sales funnel and increase the chances of conversion.

Forms and types of Meta advertising

Meta ads offer various ad formats and placement options. They can be displayed on social media platforms, search engines, mobile apps, and websites, ensuring maximum reach and visibility. According to Meta, there are five main types of Meta ads:

  • Image: this type of Meta ad consists of one image that usually contains a call to action and an attached link;
  • Video: these types of ads are in the form of videos which make content more easily digestible and eye-catching for the user;
  • Carousel: carousel ads showcase up to 10 images or videos in a single ad, each with its own link;
  • Instant Experience: a fullscreen experience that opens after someone taps your ad on a mobile device;
  • Collection: features multiple products and opens as an Instant Experience when someone interacts with it. Customers can discover, browse, and purchase products from their phones in a visual and immersive way;

PDFSimpli Carousel Ad

PDFSimpli Other Carousel Ad

PDFSimpli’s carousel ad shows its product features on each panel

In addition, there are other types of Meta ads that derive from the five main types:

  • Slideshow ads: slideshow ads use images and videos (usually a minimum of 3 and up to 10 images or videos) to portray a story in slideshow form, appearing as videos cycling through slides and transitions. Slideshow ads can help illustrate a complicated sequence or simplify a complex process;
  • Dynamic product ads: these are typically image or video ads that often change or are tailored according to users’ browsing habits, often used for re-marketing as you are promoting a product to already interested customers;
  • Lead form ads: these ads direct users to a fillable form Fields are typically customized to obtain specific data that marketers want from users;
  • Collection ads: collection ads entail a cover image or video with several products showcased under the cover image. When a user clicks on one of the images or videos, it will open the Instant Experience ad and show the rest of the product collection;
  • Event ads: some brands make use of the “Events” feature on Meta to promote and advertise certain events and products, offering a unique way of showcasing their brand;
  • Messenger ads: messenger ads appear on the messenger feature of Meta (typically in between your conversations). Users will see a call to action that will end up in the destination you set when create the messenger ad;
  • Marketplace ads: marketplace ads make use of Meta’s marketplace feature and are typically used for businesses wanting to reach more people who are browsing in the marketplace. Ads in the marketplace will both show in the marketplace as well as in people’s news feeds and will display a “Sponsored” label on the ad;
  • Stories ads: stories ads are Meta ads that make use of the “Stories” feature, providing a fast and natural full-screen and vertical view of the brand’s ads;
  • Poll ads: these make use of polls (typically appearing at the bottom of photos and videos) on the “Stories” feature, offering brands the opportunity to engage with the users;

Why invest in Meta advertising?

Meta continues to be a popular form of online advertising for marketers worldwide as evidenced by the consumption of users and ad spend by companies on the platform. According to Insider Intelligence, Meta still accounts for 75% of US ad dollars spent on social media for 2023. 

In addition, Facebook accounts for more than half (54.6%) of Meta’s $51.35 billion in US ad revenues this year. Furthermore, Meta and Instagram are still the kings of social spend compared to TikTok’s 9% social spend. 

With the mass variety of ad forms and the vast user reach on the platform, it offers a lot of flexibility and customization options for marketers that are tailored to their goals and ad purpose. Whether it’s lead generation or increasing brand awareness, there’s an option and format that marketers can use in Meta that will optimize their goals and results and fully reach their ad potential. 

Additionally, Meta offers the option to let you reach specific target audiences, using demographics and characteristics (such as age, gender, location, etc.) to reach the right audience.  

Another reason to invest in Meta advertising is how cost-effective it is to utilize their ad platform. According to a 2022 study made by Brandwatch, Meta or Facebook is the second cheapest platform in terms of average cost per click compared to the other three major social networks when using their ad platforms. Marketers often get better value-for-money advertising on Meta compared to other online platforms.

Social Media Ad Cost Chart

Facebook has a cheaper average cost-per-click compared to others (Source: Brandwatch)

Challenges of Meta advertising

As with any online ad platform, there are challenges and things to keep in mind when investing in Meta advertising. These challenges can often pose difficulty for advertisers to fully take advantage of the platform’s benefits and capabilities and therefore, need to be part of their considerations when investing in Meta advertising. 

Privacy in data

Privacy violations can lead to data falling into the wrong hands. The use of data for nefarious purposes such as theft, identity issues, and cyberbullying is increasing. 

According to statistics from Pew Research, 54% of Americans have made adjustments to their privacy settings for their accounts, particularly in light of multiple alleged antitrust violations. There have been incidents of pop-up ads and spam content that lead to phishing, identity theft, and data privacy violations that makes users cautious of opening and checking out ads on social networking platforms. 

The laws of privacy with Meta have overarching effects on all stakeholders in the process. The revelation in 2018 that Cambridge Analytica used personal data from Facebook to profile millions of Americans played a significant role in the passing of California’s comprehensive consumer privacy law, known as CCPA. As a result, Meta has been fined €1.2 billion ($1.3 billion) by European Union regulators for violating EU privacy laws by transferring the personal data of Facebook users to servers in the United States. That said, Meta users have a tendency for wariness when clicking on ads on the platform. Therefore, advertisers need to find ways to ensure their ads are legitimate and trustworthy enough for users to engage with them.

Usage of data by powerful AI technology

AI systems are designed to learn and improve by analyzing large amounts of data. As a result, the amount of personal data collected by AI systems continues to increase, raising concerns about privacy and data protection. 

Transparency in the use of personal data by AI systems is essential. Individuals must be able to understand how their data is used and have the ability to control the use of their data. This includes the ability to opt out of data collection and request deletion of their data.

Increased prejudice and discrimination on social media

Many ads (both digital and non-digital) have been under fire for not having an appropriate and fair message, often perceived as discriminatory and prejudicial – whether it was the advertiser’s intention or not. Such discriminatory content can be based on factors such as race, gender, or socioeconomic status. It is essential to ensure that all advertising collateral on Meta is tailored to diverse data and tested regularly to avoid bias and discrimination. 

Limited A/B testing potential on Meta

Meta doesn’t allow for features such as ad rotation, making A/B testing difficult and not the most optimal on the platform (unlike other ad platforms that explicitly offer A/B testing). While it does have a built in A/B test option, it would take a long time to arrive at statistically significant results without a large spend.

Advertising trends in Meta

With the advertising world constantly evolving and innovating, Meta more so grows and shifts alongside its user base as new trends emerge. Here are just some of the recent advertising trends and priorities on Meta.

Retail taking priority

Retail has been the largest ad spending vertical in 2023, accounting for 27.9% of US digital ad spending. This has led social networks to put their own retail networks at the top of their priority list, with Meta is placing continued emphasis on their Advantage+ Shopping Campaigns (ASC+), (which focuses on lower-funnel ads in order to attract advertisers looking for a steady revenue source). 

The rise and integration of AI technology on Meta

AI has also been a priority for Meta, with the company launching its AI Sandbox in May of 2023, providing advertisers with a testing environment to experiment with emerging AI-powered tools. These include an automated background generation tool for product images and an automatic resizing tool, so that images can more easily be made to fit Meta’s ad formats. While advertisers aren’t keen to jump on the generative-AI bandwagon, Meta is hedging its bets with this new suite of tools. 

Ad supply is soaring

Ad supply is not on issue on Meta’s platforms in 2023. In fact, its ad supply is oversized. In Meta’s Q2 2023 earnings call, the company declared it had sold 34% more impressions than in 2022. These impressions were also sold at a 16% lower rate. This massive increase in impressions is in large part because of ads being sold on previously under-monetized surfaces. Surfaces like Instagram’s search results and Reels, both of which have been largely successful with users this year, even though they have not performed as well as expected. 

Uncertainty towards Threads as app improvement continues

After Meta launched Instagram Threads in July 2023, the app saw about 100 million user downloads in just five days after its launch. However, Threads’ engagement saw a huge drop by a whopping 79% since July. According to eMarketer, however, Threads users are continuing to climb steadily, in pact with new Instagram users. 

US Threads users

Projected rate of change of Threads users in the U.S. for 2023-2025 (Source: eMarketer)

This comes as Meta continuously develops and improves its app, bringing in new features such as rolling out a web experience for Threads, testing keyword search for New Zealand, Australian and Spanish markets, and conducting focus groups to digital creators to better understand the market. That said, advertising on Threads could likely be a window of opportunity and future development for the up-and-coming social networking app. 

Programmatic advertising on Meta

Programmatic ads are popular on Meta. According to Media Radar, of the 17,400 companies that advertised on Facebook in April of 2021, only 543 purchased direct digital ad space, the remainder opted for a programmatic approach. 

Meta already makes it incredibly easy to include their ads in your programmatic approach; Facebook ads purchased directly from Facebook’s ad inventory, are delivered programmatically. But Facebook ads can also be bought through a separate DSP or journey advertising platform, making it easier to include Meta ads as part of a larger, more holistic programmatic strategy.

Tips on successful Meta advertising

In the ever-evolving advertising landscape, staying ahead of the game is crucial for businesses that want to maximize their reach and impact. Here are some tips to help you navigate the world of Meta advertising:

  • Understand your target audience: defining your target audience is key to a successful advertising campaign. With Meta’s detailed targeting and lookalike audiences, as well as demographic and interest-based filters, you can precisely reach potential customers who are most likely to be interested in your products or services. 
  • Utilize multiple placements: To maximize your exposure and reach, consider utilizing multiple placements within a single advertising campaign. Meta offers a wide array of advertising placements, including Facebook stories, Instagram reels, and audience networks.
  • Optimize for mobile devices: With increasing users accessing social media platforms like Meta through their smartphones, it’s essential to ensure that your ads are responsive, visually appealing, and user-friendly on mobile devices. Test different ad formats and creatives to determine what works best for mobile users and tailor your campaigns accordingly.
  • Implement retargeting strategies: Retargeting campaigns on Meta are highly effective in converting potential customers into buyers. With dynamic product ads and the ability to retarget specific audiences based on their actions (such as video views or interactions with your website) you can remind potential customers about your products or services and encourage them to take action.
  • Monitor and optimize campaign performance: To make the most out of your Meta advertising, regular monitoring and ensuring optimal performance is key. Keep a close eye on key metrics like ad engagement, click-through rates, and conversions. Use A/B testing to experiment with different ad formats, messaging, and targeting options. By continuously analyzing the performance of your campaigns, you can make data-driven decisions and refine your strategies to achieve better results over time.
  • Make use of automation tools: Different iterations of the same messaging also play a vital role in delivering relevant messages to specific audiences. Meta has a set of automation tools that can be used for the best advertising results. Meta’s AI systems allow advertisers to target ads based on user responses and trends identified through an algorithm.
  • Utilize conversion tools: Advertisers should measure the impact of ads, quantify the value of marketing mix modeling, and use A/B testing to compare different strategies. Meta has rolled out its Conversions API to create a direct connection between marketing data and their own platform to improve campaign performance and measurement. Conversions API bridges data in Meta’s system with accounts that complete an action. Complement the API with Conversion Lift to measure ad performance as well.

Examples of Meta ads

Intuit Mailchimp’s image ad of its email marketing platform

Mailchimp Image Ad

Intuit Mailchimp’s image ad with an attention-drawing headline

Intuit Mailchimp does a good job of drawing viewers’ attention with its eye-catching graphic and its direct headline and ad copy. It concisely states what the product is, a benefit to using their product (“141% more revenue”),  and a clear call to action (identifying customers’ needs and converting more customers with shopping triggers). 

Adobe’s event ad of its Creative Cloud sales promotion

Adobe Event Ad

Adobe’s “Creative Cloud” event ad shows a limited-time offer to students

Software companies such as Adobe use event advertising to boost sales at specific points of the year and promote their brand and products on periods that matter the most to them. This event ad is showcasing a limited-time promotion aimed at students, citing savings of up to 65% on Creative Cloud app purchases and offering an additional free month of subscription throughout the month of January.  It expressly shows what the promotion is and until when the promotion takes place (“through Jan 29th”) and has a clear call to action (“Get offer”).

American Express’ video ad for its Cobalt credit card

American Express advertises its Cobalt credit card through a video ad

American Express launched a Meta video ad promoting its line of Cobalt credit cards. The ad’s video grabs attention to its viewers with eye-catching benefits (“earn 5x the points”, “up to $125 per month towards dinner out with friends”) that entices that viewer to apply. Its call to action is very clear and direct as well.

Final thoughts

Meta has proven itself to be a powerhouse in today’s digital advertising space. Its advanced capabilities and intuitive tools for creating impactful advertising have given companies and advertisers the resources they need to thrive in this ever-changing world. It’s no surprise that Meta advertising is here to stay and by utilizing the social media phenomenon as part of your strategies, you will be able to create more meaningful and results-driven advertising.

To see more from illumin, be sure to follow us on Twitter and LinkedIn where we share interesting news and insights from the worlds of ad tech and advertising.

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