Assignment B
Assignment B
Assignment B
Clutter has become synonymous with the advertising industry in recent times
and this extends to all realms of marketing, offline and online. There is an
increasing trend of being greeted with an explosive assortment of ads when one
logs onto a website. These ads transcend genres of -commerce, consumer goods,
tourism, hospitality, and more. While views on these ads may be relatively high,
the recall seems to be questionable in many cases. In this scenario, tracing the
consumer’s preferences for brand advertisements becomes extremely difficult.
Herein, we aim to address the simple question of how a brand must aspire to
break clutter and switch to viewability of the content rather than served
impressions, which has been the conventional way of running ads within the
industry. To transform the way ads have been programmed so far, one will need
to pay close attention to the existing metrics and re-evaluate different brand
strategies. The traditional route for marketers adopting online ads has been
banners, images, audio, and video. The measurement was based on served
impressions, i.e., the countable times that an advertisement gets fetched from
the source, irrespective of whether it was clicked or not. Viewable impressions,
on the other hand, are measurable to a more accurate degree. For an impression
to be counted as viewable, at least 50 percent of it must be visible to the user
for a minimum of one second. This provides for ‘some versus no’ value, but does
it justify the money spent behind it? According to a study conducted by
ComScore, 54 percent of the display ads that are up on the website are actually
not seen and this is despite the fact that some of them cost a lot. It is implicit
that advertisers would be interested in posts which guarantee a decidedly
higher viewability, so publishers offering such inventory will be at an advantage
too. There’s another bonus to this because measurable data of this sort will
make it easier for rate comparison of different brands among multiple
publishers. While served impressions have been working well towards adding
higher numbers to charts and creating a presumption over the total awareness
created through it, there are three primary concerns: If the targeted user leaves
the page before it loads completely, he/she will miss the ad. A lot of search and
display ads are placed at the bottom of the webpage, so if the user does not
scroll all the way down, it’s a lost cause for the advertiser. If a proxy server,
crawler or spider opens the page, there is no certain way to ascertain the
measures. In order to ensure visibility and derive the right returns on your
investments, you must plan your advertisements with the right placement and
communication. With advertisement forms rapidly evolving, your strategy is
incomplete without researching what works for your target audience and
delivering a customised plan of action. To break away for the clutter of
advertisements and to ensure you receive eyeballs and recall, the right amount
of innovation and creativity must be put in to produce content that goes a long
way in giving you the right bang for your buck.
Q1. How would you use advertising to break the clutter? What impact does
clutter-free advertising play in increasing brand acceptance?
However, there are few ways we can use advertising to break the clutter such
as :
· A competitive edge in the market will make the brand distinguish in the
marketplace. When people recognize and support your brand, it becomes
a competitive edge. The more your brand's exposure and growth, the
higher your brand will rise and become competitive with other well-
known firms.
Q2. What does the author mean by "to transform the way ads have been
programmed so far, one will need to pay close attention to the existing metrics
and re-evaluate different brand strategies"?
"To transform the way ads have been programmed so far, one will need to pay
close attention to the existing metrics and re-evaluate different brand
strategies" simply means that we must give attention to how to re-evaluate
certain brand strategies and giving focus on measures that will transform how
ads are programmed.
To avoid these issues, we must re-evaluate and stay relevant to the external and
internal environment changes.
· Ensure that your objectives are both clear and measurable: Make your
vision's goals quantifiable by measuring them.
-Have I made the objectives quantifiable
-Are they imprecise or perplexing to workers or stakeholders?
- If so, how is progress being made - am I reaching my marketing
objectives?
-Is my existing measuring system working properly?
· It is important to Formalize the Qualitative Assessment: Although
quantitative evaluation is required to keep you and your team objective
about your outcomes, qualitative assessments may also be highly useful
for general understanding.
- What are the several innovative methods that can evaluate the
marketing plan's activities concerning the vision?
· Defining market priorities: Your marketing plan should also clearly identify
your marketing priorities; this will assist you in determining the budgets
that require more attention
Q3. Can you use clutter to your advantage? If yes, how? If no, why not? Support
your answer with relevant examples.
The collapse of traditional mass media into more segmented and targeted choices
has resulted in a significant reduction in the total audience size of even the largest
vehicles. When the audience is less, the vehicles must sell more time or space to
generate the same amount of money. However, if there was less clutter, each
message would have a greater impact, and advertisers would be willing to pay
more per audience member reached.