Digital advertising market: directions and trends
Over the past couple of years, digital marketing has overtaken traditional offline marketing in terms of budgets (television advertising, outdoor advertising, and so on). Thus, digital marketing has become the # 1 media. The critical reasons for the growth were the redistribution of budgets and the rapid development of various tools within Internet marketing.
The key areas were video, mobile, and banner advertising through performance tools and various networks. In offline marketing, advertising in magazines and newspapers, outdoor advertising, and radio shows a negative trend. Television is in stagnation. What does this market situation mean?
Consumer behaviour has changed. Business is trying to adapt to changes and seeks to use modern advertising channels. Consumers spend more and more time on the Internet, and it is now logical to interact with them through online advertising. By showing the user their ads in search, on websites, and on social networks, a business draws attention to its product and converts those interested into customers.
In modern Internet marketing, there are a massive number of tools. You must delve deeply into the processes and constantly learn to understand them. There are two main approaches to advertising in Internet marketing:
1. Performance marketing
Performance marketing focuses on the final result, the fulfilment of KPIs.
2. Brand advertising
A focus on outreach campaigns characterises the brand approach to marketing. Here, marketing managers often use tools that are difficult to analyse.
The main directions in digital advertising
Performance marketing, media buying, email marketing, websites, analytics, data, content, design, video, CPM, PR, mobile marketing, CPA, and offline — all these tools are interconnected and often overlap.
An essential tool is performance marketing (contextual and targeted advertising on the Internet). Next, come media purchases: bloggers, media advertising, and so on.
It is worth remembering that each area of digital advertising has an intense level of expertise. Knowledge of all digital instruments is necessary for a competent choice of promotion tools.
The main trends in digital advertising
It is impossible to ignore that today the audience has switched from computers to mobile devices. If you have not yet adapted your site, you lose a large part of the audience.
Consumers increasingly buy clothes, food, and various goods on the Internet.
Personalisation is a history of purchases, data, analysis of user behaviour, etc. These are predictive scenarios: mechanisms that work ahead of the curve.
Television is losing ground, and YouTube and TikTok are gaining momentum. This is happening because the consumer wants to choose the content by themselves.
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