Uploaded on Jan 11, 2021
PPT on How Big Data is transforming the Advertising Industry.
How Big Data is transforming the Advertising Industry.
How Big Data is transforming the Advertising Industry
INTRODUCTION
• Many sectors are clearly being
changed by big data. One of the
businesses that has the greatest
profitability effect is publicity.
• Thanks to the emergence of big data
analytics, connectivity between
advertisers and customers has
improved significantly.
• Big data lets advertisers understand
and refine consumer needs and turn
them into potential purchasers.
Source:
www.analyticsinsight.net
TRANSFORMATION
• Around 30 years ago,
advertisements meant that
advertisements were put either
in TV, radio or print media.
• Now we are followed by a
multitude of smartphone, video
and online advertisements that
are considered today's fastest
growing formats of
advertisement.
Source:
www.analyticsinsight.net
INTERNET ACTIVITIES
• With these modified internet activities, marketers now enjoy more
exposure and recognition of their products which deliver higher
revenue chances.
• Internet marketers seek to convert audiences to customers, for
which firms are needed for patterns to be studied and marketing
tactics to be carried out.
Source: www.analyticsinsight.net
HOW CUSTOMER DATA IS
USED
• Today, via our Facebook page views,
videos downloaded, loves, messages,
posts, history of quest, etc., we build
loads of data every second that is
recorded in the databases.
• This details are similar to our curiosity,
existing desires or reactions to those
goods which have already been
bought.
• Businesses seek this data for improved
procurement and protection of their
goods and services through selective
supply of advertising material.
Source:
www.mediareset.com
Big Data for Advertisers: From
Marketing to Sales
• The distinction between big data
and smart data is acknowledged
to industry top players.
• When data is more omnipresent,
it is crucial to understand the
data that might be important to
your business strategy.
• Companies must strategize so
that their audiences don't have a
negative user experience.
Source:
www.oracleblogs.com
Growth of AdTech Companies
• The term AdTech refers to
applications and resources that
help agencies keep track of their
online advertising campaigns
and evaluate them.
• For several years it's been on the
market, but only after the big
data revolution begins to
understand the value of AdTech.
Source:
www.analyticsinsight.net
Forecasting Data
• Enterprises need data to shape
an enduring and forward-looking
partnership with consumers.
• Best businesses may do this by
forecasting or projecting the
wishes of their customers based
on prior experiences with the
advertisements or websites
Source:
www.simplilearn.com
Audience Predictions
• When publishers and media firms
launch their data-driven
journeys, data is used to provide
the best information at the right
time to the right people on the
right channel, for the first time
on a broad scale.
• Data on consumer habits
gathered from social media have
been emphasised to expose
variables that are ignored and
which can fuel customer interest. Source: www.ipwea.org
Improved Targeted Advertising
• In previous years, the commercial
was solely based on speculation, as
is essential in the advertising
business.
• Nowadays, however, businesses use
vast volumes of data to understand
tastes, such as when they are
looking at ads and at which point in
time.
• This increased exposure aids
advertisers position ads for better
conversion rates at particular
moments. Source:
www.wealthmanagement.
com
Expanded Customer Acquisition &
Retention
• Rising customer churn for
advertising firms is incredibly
significant. Today, many
consumers use social media as
well as directories for analysis
before watching such shows,
videos, concerts, music
programmes or publications.
• Big Data growth allowed media
companies to create tailor-made
solutions to acquire and retain
clients. Source:www.pymnts.com
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