Tag Archives: Internet Advertising

Facebook Ads Will Now Follow You No Matter What Device You’re Using

Facebook’s long-awaited Google AdSense competitor is finally here. It’s called Atlas, and it will allow brands to use the social network’s massive trove of data to target ads on sites across the web.1

Facebook announced the news late Sunday night to coincide with the start of Advertising Week in New York City. For other brands hoping to make headlines at Advertising Week, Facebook’s news will be a tough act to follow. Investors and the media have been waiting for an announcement like this for years.

In January, Facebook took its first steps in this direction launching a network that could serve up ads within mobile apps. But the launch of Atlas symbolizes a deeper commitment to controlling the web’s ads—and an even fiercer fight with Google for that control.

Atlas is not a new platform, per se. Facebook acquired the product from Microsoft last year. But according to a blog post from Erik Johnson, head of Atlas, the team has rebuilt the platform “from the ground up” in the hopes of making it easier for advertisers to follow a consumer, regardless of what type of device she’s using.

In an apparent dig at Google, Johnson writes that the method advertisers have traditionally used to track consumers—cookies—is flawed, because consumers are no longer using one device at all times. “Cookies don’t work on mobile, are becoming less accurate in demographic targeting and can’t easily or accurately measure the customer purchase funnel across browsers and devices or into the offline world,” Johnson writes. He offers “people-based marketing,” that is, marketing based on Facebook’s data, as the solution. It can not only track users between devices, but it can also connect online campaigns to offline sales to determine how effective a given campaign really was.

In the announcement, Facebook said it had already signed a contract with Omnicom to begin serving advertisements for brands like Pepsi and Intel. Instagram, which of course, is owned by Facebook, is also enabled with Atlas. The company noted in its announcement that advertisers who buy ads on Facebook, Atlas, and Instagram will be able to easily compare the results.

It’s worth noting that even Google has been interested in this people-centric strategy. That was likely the thinking behind the launch of Google+, Google’s own social network. If Google+ had been a true success the personal data it offered would have bolstered Google’s search data to perfect its ads. But, Google+ wasn’t the hit Google had hoped for, primarily because it felt like an also-ran candidate to Facebook.

Facebook is different; it’s already some hybrid of social network and advertising platform. With Atlas, Facebook stands a much better chance of beating Google at its own game.

Of course, this new advertising initiative is not likely to please any of Facebook’s already privacy conscious users. Backlash against Facebook’s existing data collection policies is what has been recently fueling the growth of Ello, a Facebook competitor that vows never to sell user data. The more partners Facebook has within its ad network, the more data it will have at its fingertips.

Ref:http://goo.gl/VFkn38

Six Benefits of Social Media for Business That Every Skeptic Should Know

Sharing content with thousands of followers at once isn’t the only benefit of social media for business. Small businesses all over the world have been discovering the ways social media can contribute to success and growth in all areas of their companies. However, there are still skeptics who still don’t see or understand the benefits of social media for their business.

In this post, we go over 10 benefits of social media for business that will turn skeptics, like your boss (or even yourself!), into believers.

Here are Six benefits of social media for business

1. Social media is an easy way to learn about your audience

For businesses in any industry, the key to success is knowing your audience. Social media makes this possible, and easier to accomplish than ever. With tools like Facebook Insights in Hootsuite you can learn the dominant languages spoken among your social media audience, as well as their age and gender. This knowledge can help you cater campaigns and product offers to your target audience, which will provide you a better return on investment.

2. Social media helps target audiences more effectively

Geo-targeting is an effective way to send your message out to a specific audience or demographic based on their location. Social networks like Facebook and Twitter have tools that allow you to communicate the right kind of content to your audience. For example, in Hootsuite you can target by ‘Location’, ‘Language’, ‘Age’, ‘Gender’, ‘Relationship status’, ‘Interested in’, and ‘Education’ on Facebook, and ‘Country(s)’ on Twitter. For example, if you want to send out a post to people who speak Spanish, geo-targeting is an easy and effective way to do it.


3. Social media helps find new customers and expand your audience

Social networks like Twitter allow small businesses to locate their current customers or seek out potential customers. For example, if you open a new coffee shop in the neighbourhood, you can create a geo search in Hootsuite to locate anyone tweeting about needing a morning cup of joe within your area. After locating those tweeting about coffee, you can start reaching out to them, and invite them to come try a hot bevvy at your new coffee shop.

4. Social media allows you to receive instant feedback from your customers’ perspective

Social media for business gives you instant access to positive or negative feedback, which provides you with valuable insights on the customer perspective. For example, if you launch a new product and share it on social media, you’ll instantly learn what your customers think of it. Another way to gain customer perspective with social media is by learning how they use your product; brands often base new products or services on their customers’ original ideas.

5. Improve market intelligence and get ahead of your competitors with social media

With social media monitoring you can gain key information on your competitors, therefore improving your market intelligence. This kind of intel will allow you to make strategic business decisions in order to stay ahead of your competition. For example, you can create search streams in Hootsuite to monitor mentions of your competitor’s name or product. Based on your search results, you can improve your business to offer something your competitors are missing.

6. Social media can help increase website traffic and search ranking

So you built a website for your company, now what? One of the best benefits of social media for business is using it to increase your website traffic. Not only does social media help you direct people to your website, but the more social media shares you receive, the higher your search ranking will be. For example, if every person who follows Hootsuite on Twitter retweets this post, it’s more likely to rank higher in Google’s search engine results page for variations of “social media for business.”

Ref:http://goo.gl/cFV1Wd

Internet Advertising Will Overtake TV In India By 2018

Advertising revenue is outpacing  consumer revenue in the migration to digital.

– By 2018, internet advertising will be  poised to overtake TV as the largest  advertising segment.

– The biggest challenge is monetising the  digital consumer.

– Rising consumer revenue may be driven by  24/7 access.

– Revenue growth is being driven by Internet access rather than content spending.

– Two-thirds of revenue growth from consumers and advertising will be digital.

As per CII-PwC’s latest report titled India Entertainment & Media Outlook 2014, India’s media and entertainment sector is expected to grow steadily at a CAGR of 15% to exceed 227,000 crore INR by 2018.

Between 2012 and 2013, the overall entertainment industry grew by 19% and was estimated to be 112,044 Crore INR.

Television Market
India is expected to be among the fastest-growing market in terms of TV subscription revenue. The television industry grew year-on-year at 15% led by subscription revenues. With annual growth rates of 47% and 26% respectively, Internet access and internet advertising have been the fastest growing segments.

Overall Ad Revenue
Advertising revenue is expected to grow from 35,000 Crore INR in 2013 at a CAGR of 13% to cross 60,000 Crore INR by 2018. Internet access has overtaken the print segment as the second-largest segment contributing to the overall revenue of entertainment and media sector revenues.

Television and print followed by internet advertising are expected to be the major contributors to the ad revenue in 2018. The film segment estimated at 12,600 Crore INR in 2013 is projected to grow steadily at a CAGR of 12%, led by higher domestic and overseas box-office collections as well as cable and satellite rights.

India is a very print driven country and one among the very few countries where print revenue is also on the increase, the trend seems to remain constant and is expected to grow further.

Changing trends
Also, users have paid Rs 25,200 Crore as compared to 17,100 Crore in 2012 to access the internet in 2013, higher than the Rs 22,300 Crore in 2013 that the print medium earned in subscription and advertising, as compared to 21,000 Crore in 2012.

This could mainly be due to the increased adoption of Smartphones and their usage as the primary medium for internet connectivity. Android usage had overtaken Desktop usage in India.

The revenue contribution of internet access to the total revenue of the media & entertainment industry has gone up from 18 per cent in 2012 to 22 per cent in 2013, while that of the print medium fell from 22 per cent in 2012 to 20 per cent in 2013.

Trends and Initiatives
Smita Jha, leader of the entertainment & media practice, PwC India, explained that unlike in the West, the shift of advertising online would be gradual in India. In the US, revenue from digital advertising exceeded print advertising long ago and is closing in on television. The report mentioned that forging trust with consumers; creating the confidence to move with speed and agility; and empowering innovation is what the industry should exhibit to get closer to the consumer and adopt more flexible business models.

Gaming Sector
Gaming sector, due to the increasing adoption of smartphones in the country, is also a emerging as a promising source of revenue for the industry. With integration of social media into most games, users are getting better used to social sharing and referrals to invite other users to the gaming platform. Termed as the ‘Freemium 2.0 model’, games now create a community around the users and aim at keeping them more engaged and forces the user for more in-app purchases.

OOH
OOH advertising is gradually expected to slide to the last position in terms of revenue contribution to the sector, with its share declining to 1% in 2018. Statista.com has however predicted that the revenue will amount to 21.2 billion Indian rupees in 2014.

Music remains constant at 1% revenue share between 2013 and 2018.

Source: http://www.nextbigwhat.com/internet-advertising-india-297/