We all expect to get sick at some point, as that is just a natural part of life, but what we don’t always expect is a new virus to appear for which there is, as of yet, no cure. These viruses lead to a global pandemic where we see entire countries grind to a sudden halt, with people staying indoors until the virus has run its course before slowing down.
Effects of a global pandemic on ad serving
Effects of a global pandemic on ad serving
John Z
Writes on ad server software, involved with Adspeed
adserver platform/ Adspeed ad server software.
We all expect to get sick at some point, as that is just a natural part of
life, but what we don’t always expect is a new virus to appear for which
there is, as of yet, no cure. These viruses lead to a global pandemic
where we see entire countries grind to a sudden halt, with people
staying indoors until the virus has run its course before slowing down.
The arrival of the Coronavirus, or COVID-19 as it is more commonly
referred to, will go down as one of the scariest times in our lives, as it has
had a major impact on everything. That includes the online advertising
world of publishers, advertisers and adservers in between. Let’s take a
closer look at the effects on ad serving during a global pandemic.
Negative effects on a global scale
This current pandemic is one that is not isolated to a single nation, as it has now spread across
the globe at an alarming rate. While some places certainly have it worse than others, it has had
a huge negative impact on everyone and everything. Many businesses that are considered to
be non-essential are temporarily closed, while citizens are being asked, or in some cases
ordered, to stay indoor to help prevent the spread. Supply and demand are disrupted. Travel
and hospitality industries have no demand while grocery supermarkets and cleaning supplies
have a surge in demand to a point that supply cannot meet the current demands. This is a
situation that might get worse before it gets better. Therefore, marketing for these products or
services must change as well. Some ad campaigns are terminated or must change immediately
to reflect business disruption.
Uncertainty
The belief is that this virus will run its course and be brought under
control, but there is absolutely no definite time frame in place for that
happening at this time. Because it is so new with no known cure, things
and policies change on a daily basis. With many businesses now losing
money or unable to open to the public, we are seeing advertisers
looking ahead and thinking about postponing future ad campaigns, if
they have not done so already. That has a ripple effect across the entire
advertising industry for both advertisers and publishers.
Stay-at-home
With so many people forced to stay home for weeks, and potentially
even months, certain types of industries and ads become more
attractive to the buying public. We are going to start seeing fewer ads
for businesses that are forced to suspend operations, such as
restaurants, theme parks, or events. At the same time, we see an
increase in advertising for online-only services. People are going to be
spending a lot of time online in order to pass the time and be productive
at home, so this shift is not surprising at all.
Discretionary products and services
We are in a time where common sense gives way to panic buying, which
is why we are seeing empty shelves in grocery stores across the world.
People are focusing more on items that they consider to be essential,
which means that ads for luxury items and travel will probably not be
getting a lot of action. These advertisers likely stop their campaigns to
conserve cash for surviving the lockdown.
Staple products and services
Given that we are seeing staple products and services get scooped up at
an alarming rate, you might think that ads for these types of products
would rise. The opposite, though, is often the case, as manufacturers
are in a position where they don’t need to advertise at all to sell their
goods because they cannot restock products fast enough even at full
price. In the short term, advertising has a lower priority than other
business operations. Advertisers might want to maintain a minimum or
basic campaign until outlook becomes clear.
About Adspeed
AdSpeed ad server is a reliable & powerful ad serving and ad
management solution that serves your ads, tracks impressions & clicks
and reports ad statistics in real-time. Driven by the latest ad serving
technologies, the goal of Adspeed adserver is to provide a reliable
platform that can help in executing online advertising strategy more
efficiently.
Thank you for spending your precious time in reading this article.
Comments