As the mobile technology ecosystem keeps on developing, digital advertising methods that enable companies to reach their target audience also keep on becoming diversified. However, as time goes by, mobile advertising trends also vary in line with the behavioral traits of mobile users.
For instance, mobile advertising formats utilized for app advertising in order to enhance app downloads can vary depending on the trends. Five years ago, different types of banners were commonly preferred for enhancing download rates. But nowadays different and more creative advertising formats where cost per install (CPI) pricing model can be applied are in high demand.
So as of late, what are the most commonly utilized advertising models that facilitate companies in reaching their target audience?
Video contents that become increasingly popular thanks to video sharing networks have also become an efficient promotion tool for companies. Parallel to the increasing interest of online users to video contents, investments in video ads accordingly are in full throttle. Still, it wouldn’t be right to defend that all video ad campaigns prove sufficient for attaining the anticipated success.
The fact that advertising companies are sometimes not able to determine the correct strategy undoubtedly plays a major role in these cases of failure. Video ads intended to assist in boosting sales might fail to meet expectations sometimes with regard to their content, sometimes with regard to their method and at other times due to technical incompetence. That being said, what are the main points advertisers should pay attention to in order to achieve their sales objectives?
Video ads grounded on accurate strategies and insights are an important key point for companies that want to reach their marketing goals. Findings obtained by numerous studies seem to collaborate this statement. According to statistics for the year 2017; 55 percent of all digital device users watch online videos on a daily basis. Moreover, it is no secret that users watching video ads are more prone to purchasing items compared to those that do not watch video ads. Besides these facts, studies reveal that companies including video ads in their marketing plans for the year 2018 are at a level of 65 percent.
In light of these data, it might simply be concluded that, being one of the rising trends in digital advertising, video ads are highly effective in increasing sales and brand recognition. And what’s more is that the video ad model -along with all these benefits- is finding its way more and more into marketing budgets of advertisers with each passing day. Nonetheless, there are also advertisers that don’t experience these advantages of video ads. At this point, it would be of great use to define the common grounds of failing video ad campaigns and to perform the necessary improvements.
That being said, what might be the common mistakes that lead advertisers to failure while preparing the video ads?