Programmatic Advertising Trends Shaping the Digital Industry
It is clear that despite the changes in privacy laws and the decline of cookies, programmatic advertising is here to stay. However, for marketers who want to keep reaping the benefits of this amazing advertising technology, it has become imperative to keep up with the current trends.
Top 7 Programmatic Advertising Trends
- Contextual Advertising
As cookies are phased out, marketers will quickly realize that first-party data solutions cannot be the sole alternative. After all, there is only so much data available right now.
Marketers will have to find innovative ways to target the right audience, and contextual advertising may prove to be a promising solution. With contextual advertising, instead of targeting user personas, advertisers place ads on websites based on the content of those websites which is contextually relevant.
This will benefit both users and advertisers. Users will not have to struggle with being subjected to irrelevant ads ruining the experience of the content they are trying to consume. At the same time, advertisers can rest assured that users are likely to show interest in their product/service since it is being advertised next to something contextually relevant.
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- Newer Ad Formats – Audio and Video Ads
Programmatic advertising has already evolved from simple display ads to video display ads.
This year, advertisers are expected to spend nearly $74.88 billion on programmatic video advertising, accounting for over 18% of the total programmatic advertising spend in the US. Videos are better at capturing attention and allow for more creative freedom.
It’s a no-brainer that their popularity will grow in the programmatic world, just as it has in all other areas of marketing.
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