10 Digital Advertising Trends Important to Small Business

10 Digital Advertising Trends Important to Small Business

We are now nearing the end of Q1 for 2017, and it’s safe to say that numerous advancements have occurred within the digital media world, both good and bad. The accelerated prominence of video has continued, and the mobile phone is still continuing to dominate our lives.

Anyway, it’s a new year which means we can start to develop new digital marketing strategies to propel brands forward in the coming months.

Below are the top 10 trends that will define this year in digital marketing, according to Sean Mulrooney, CEO of NW3 Media:

Digital Advertising Trends

Mobile

Last year was a big one for mobile, and there’s no doubt that we will see the same in 2017. In fact, Zenith predicts that in 2017, mobile advertising will finally reach the critical inflection point and surpass that of desktop.

The prevalence of handheld devices and the fact that desktop traffic is passing into oblivion clearly indicates that mobile is, in fact, the future. If you are not catering your content, ads, and website towards mobile users, then you are missing out on a massive opportunity. Don’t make a few technical tweaks here and there, but honestly examine your online experience to ensure that it’s integrated with a user’s lifestyle that is “on-the-go.”

Native

Business Insider reports that spending on native advertising reached $7.9 billion in 2016, with projections skyrocketing to $21 billion in 2018, and expected to expand across numerous platforms. Digital savvy consumers are now wary of extremely overt advertising, and the increased ability to skip ads or remove banners on browsers means that a more integrated ad experience is more likely to reach its target audience. If it’s done well, native advertising is unobtrusive and seamlessly integrated into the regular content on a platform, providing value to the audience in addition to reaching them with your advertising.

Video

If you’ve checked in on any of the popular social media sites lately, you’ll notice that most are dominated by video content. Facebook Live, Snapchat stories, not to mention the already ubiquitous videos shared on Twitter and Youtube. (Video is quickly on its way to becoming the king of content.) Fail to incorporate video content in your advertising, and you may be left in the dust.

The trend goes hand in hand with the growth of mobile. Invodo reports that video viewership on mobile surpassed that of desktop since Q4 of 2015. What makes YouTube such an advertising powerhouse is its ability to reach the Millennial audience, with YouTube reaching more 18-49 years olds during primetime than the top 10 TV shows combined.

Interactive Content

Remember those classic magazine quizzes like “What Lipstick Color Are You” or “What Superhero Are You Most Like?” They are here in the digital space too, and they can also be leveraged for their advertising potential.

Content that users interact with leaves a greater impression than those they only read. It takes the audience from a passive to an active role. Interactive content in ads or on the advertiser’s site, from quizzes, polls and infographics is essential in an age when mere visual and written ads are likely to be lost in a sea of content.

Personalized Content

Consumers are now constantly bombarded with ads every day. This dilutes the effect of most advertising campaigns. Yankelovich President Jay Walker-Smith says the average user is now exposed to over 5,000 ads per day, making it difficult to capture the attention of a distracted audience.

In order to cut through the clog, advertisers must hone in on exactly what specific consumers care about — in other words, personalize the ad experience. Fortunately, with increasing data and the ability to track consumer habits, interests and activity, advertisers have the capacity to segment ads to target specific types of users. While it may mean a bit more work initially, the benefits are certainly worth it.

Influencers

Influencers are like word of mouth on steroids. Few tactics are more effective in the digital advertising age than having a well-followed influencer touting your product. Trust is built in, and reach is instant across multiple platforms.

Influencer advertising is on the rise because people tend to trust recommendations from their favorite social media personality much more than any traditional campaign telling them a product is great. Influencers have a vested interest in maintaining a halo of honesty, which then transfers to their recommendations. With the right influencer partners, advertisers can build rapid followings in little time.

The familiar channels of Instagram, Snapchat, YouTube and Twitter are of course the prime targets. But also consider niche forums such as Reddit. You can even target B2B industry influencers who blog.

Chatbots

Chatbots have come a long way since the days of Microsoft Clippy.

Google’s Allo was launched in September 2016 and hailed as “the most significant chatbot messaging platform ever” with its ability to read and interpret messages, while recommending appropriate responses in turn. Advertisers quickly jumped on the trend, providing the ease of hands-free, voice-activated and concierge-like service right in the consumer’s home.

Chatbots allow for real-time, 24-hour engagement with customers. AIs provide a personalized experience for customers, without the actual need for a person for every customer. A personal sales associate for anyone that wants to chat is the type of positive consumer experience of many companies’ fever dreams; chatbots are making that happen, with AI and big data providing update and market strategy in real-time that will improve the advertising potential the more chatbots are used.

Live Video

Live video is the new “it girl” to the scene, made evident by Snapchat’s meteoric rise. When Facebook announced Live, the company was so confident in the potential of this content distribution channel that it made multi-million dollar deals with publishers like Buzzfeed to keep the content coming in. The deal is working out wonderfully for all parties. Facebook reported that users watched live videos three times longer that those that weren’t live.

Following in the tradition of vlogs and popular reaction videos, the content is more spontaneous, more intimate and able to visually and emotionally reach viewers immediately, creating a more impactful experience that advertisers continually strive for.

Data, Data, Data!

It’s no longer viable to invest in advertising and content if you don’t pay attention to the data and metrics that go with it. Not only can it be used to determine the success or failure of a campaign, but it also gives valuable insight into the minds of customers. This can help advertisers continually perfect and correct what they are putting out.

Every major platform — from email to Facebook, Google and Instagram — provides metrics and data to advertisers. More content interaction means more ways to source data, and cloud storage and machine learning provide a more accurate and faster way to process this data than ever before. Ignore these assets, and your ads will be left in the dust.

Ad Blocking

More than 400 million mobile web users and 200 million desktop web users are using ad-blocking technology to restrict the banner ads displayed on their devices. However, marketers should stop worrying about it. Yes, you read right, stop worrying about it. It’s a reality, and as frustrating as it is, ad blocking is here to stay. There will be a constant cat and mouse game between advertisers and platforms against developers of ad blockers.

It is better for advertisers to focus their energy on diversifying their media and seeking outlets like native advertising and useful content embedded with advertising that circumvents ad blockers. Traditional online advertising is not well received by consumers, blocked or not, so advertisers should focus on creating content consumers want to see, rather than content they consider to be a nuisance.

Final Thoughts

Growing your business isn’t easy, is it? Increasing your influence and earning more customers is a challenge every company deals with. The key to your marketing success is staying on top of the trends. The last thing that you want is to be left behind. Pay close attention to the development of the trends listed in this article, and you will stay ahead of your competition.

Business Photo via Shutterstock

This article, “10 Digital Advertising Trends Important to Small Business” was first published on Small Business Trends

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Why Video Has Become THE Hottest Digital Marketing Trend

Video Marketing Trends

Online marketing trends change with every new delivery method and channel. Each year brings new technology, new opportunities, and new social channels to catch user fancy. The big winners in the battle for buyer attention might be early adopters throwing resources into promising new technology that proves successful, or businesses who stick with a particular channel to build a huge following.

Video marketing is certainly not new, but the market is changing, and video has emerged as a clear winner.

Video Marketing Trends

YouTube already dominates the field, with a billion users watching hundreds of millions of hours every day. To sweeten the marketing appeal, YouTube reaches more 18-49 year-old viewers than any of the cable networks.

While YouTube traffic expanded more than 40 percent since last year, video viewing options also opened up. Facebook now offers embedded videos and in-line livestreaming, and services like Periscope and Facebook are starting to attract the bravest of no-do-over video pioneers marketing in real time.

Video Ads in Search Results

Another clear indicator of just how popular video marketing has become is the inevitable launch of in-SERP video ads. Google and Bing are both testing video incorporation into rich search results.

The new True View for Shopping, a product that allows users to order products from inside a demo video, has already yielded impressive results. Sephora and Wayfair test cases report increased viewing time, revenue and ad recall.

With big retailers and eager viewers already on board and social media and SERPs ramping up viewer opportunities, video marketing is set to explode like never before.

Why Video Marketing is Effective

Content marketing and social media changed the marketing game in a major way. Brand storytelling took center stage, propelled by the advantages of humanizing and allowing businesses to connect in a more meaningful way with their customer base.

For small businesses, video is an inexpensive way to level the playing field. Here, big businesses and slick, expensive advertising spots don’t always have the advantage. Smaller companies can stand out in several ways:

  • Answering customer FAQs
  • Showcasing products in action
  • Asking for user-generated contributions featuring real-life customers
  • Introducing staff and showing an intimate look around operations
  • Demonstrating product use
  • Featuring video testimonials

Thousands of small YouTube businesses have built audience and credibility with simple, straightforward advertising, and case studies show that video has a big impact on sales, especially for small businesses and cottage industry. More than half of marketers responding to the 2014 Video Statistics study by Invodo said that video offers a higher ROI than any other type of content.

New Technologies in Your Future

Every aspect of marketing in the last few years has moved toward personalization, targeting and interactive content. New video technology takes the concept to a new level, with engaging videos that move from viewing into response. Data collection forms, surveys, polls and choose-your-adventure videos will become more common.

You’ve seen these formats in Hulu big business advertising for years, but not in heavy use elsewhere. That’s bound to change as new video production programs make fancy interaction cheap and available for any user.

Approximately 96 percent of B2B advertisers are already using videos, but smaller B2C businesses may have been slower to adopt due to production costs or simple reluctance to waste marketing dollars on a technology they may not feel is effective.

Now that you know which way the 2017 marketing winds are blowing, are you ready to jump on board with video marketing?

Video Marketing Photo via Shutterstock

This article, “Why Video Has Become THE Hottest Digital Marketing Trend” was first published on Small Business Trends

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