Challenges to publishers after the pandemic
Challenges to publishers after the pandemic
Watson F
Writes on Ad serving, involved with ad server solutions
and ad server platform
There has been a lot of talk about how the pandemic has affected
business, with many failing to survive the past couple of years. Those
who did survive had to alter their business plan, which included doing
more online sales and services. While you might imagine that is good
news for online publishers who rely on ad revenue to keep their
websites afloat, the reality is that they have challenges of their own. We
are going to take a closer look at a few of these issues below, so let’s
jump right in.
Advertisers out of business
As we mentioned at the top of this piece, many businesses were active
advertisers but they were unable to cling to life during the pandemic
because of frequent and unpredictable shutdowns, supply chain and
staffing issues. This means you might lose some of your existing
advertisers and have to look for new ones. With so many economic
uncertainties, the potential pool of advertisers that are looking to spend
big on ad serving is smaller. Even those that made it and are still in
business are looking at a limited budget that might not stretch all the
way to spending a lot of money on online ads. Publishers may be forced
to adjust their strategies and even lower rates in order to retain or bring
in new ad campaigns.
Industries disappearing
For those who have blogs or websites specific to a genre or subject,
things might become even more challenging. The hospitality and travel
industry as a whole took a big hit during the pandemic, with travel still
somewhat restricted in many places. You can also think of businesses
like movie theaters, all-you-can-eat buffets, print newspapers, point-
and-shoot cameras, department stores and more. Many are now
considered somewhat endangered species. They might disappear, get
replaced or need a reinvention. If you are a publisher in one of these
industries, there is a degree of concern because less business means less
advertising money.
Problems with relationship building
A major part of the success of any business is building relationships with
your clients. This has become a little harder to do during the pandemic,
as face-to-face meetings are harder to accomplish because of all the
travel restrictions and crowd control measures. The good news here,
though, is that there is a solution for this particular issue, with video
chats/meetings via Zoom, Google Meet, Microsoft Team. It’s
convenient, efficient and often good enough as a way to meet and greet
new and existing clients.
Change to customer habits
If we have learned anything about consumer habits during the
pandemic, it is that they can quickly change without warning. It is not
just businesses that need to adapt to these changes, publishers need to
be ready to move along with their advertisers. Using an on-demand
software-as-a-service ad server will help you stay nimble and agile for
whatever may come or change. If you are not able to go with the flow
and adapt on the fly, you will get left behind and end up with fewer ad
campaigns. It is not easy to plan for all scenarios ahead of time but you
should be prepared, be flexible and be ready to pivot when needed.
Uncertainty remains
While it does appear that we are past the worst of the pandemic, there
is still the chance that restrictions and other issues might still be in place
for a while. Publishers and advertisers need to stay up to date with what
is happening and be willing to be flexible. Those who can do that will be
the ones that will survive and thrive for as long as this pandemic
continues. There is no knowing how much longer all of this will continue,
so for now, it’s all about a willingness to adapt and go with the flow.
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.
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