Insights – illumin https://illumin.com Thu, 31 Oct 2024 13:26:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Best Halloween ads 2024 https://illumin.com/insights/blog/best-halloween-ads-2024/ Thu, 31 Oct 2024 13:26:25 +0000 https://illumin.com/?p=19717 The spookiest season is upon us and with Halloween comes some of the most playful ad campaigns of the year. Halloween 2024 brought an incredible ad lineup from some of the biggest brands.

While All Hallows Eve might not be top of mind when you think of holiday ads, it should be. Halloween is growing in popularity and is the second-biggest retail holiday behind Christmas. With retail on the rise this year, advertisers should take note and take advantage of audiences ready and willing to spend on some spooky fun.

Our top ads from Halloween 2024

Every year there are so many fun and engaging ads to watch and 2024 is no exception. Here are the best of the best from Halloween this year.

Snickers

Snickers takes a fun spin on its famous “you’re not you when you’re hungry” campaign with this Zombie-building ad. The familiar format of the ad keeps things comfortable, while the twerking zombie animatronic makes its audience laugh. The ad gives its audience memorable humor while reminding them that Snickers are not just great for trick-or-treaters but for grown-ups too.

Disney+

Fear is here in Disney+’s 2024 Halloween ad. This ad does a great job of stringing together clips for everyone’s favorite Halloween movies and TV shows to draw in audiences and definitively show that Disney+ “is your haunted home.” Every year major streaming platforms and TV networks create ads to highlight their Halloween lineup, but this year Disney+ takes first prize. In part, this is because it cleverly leads its lineup with Agatha All Along, Marvel’s latest show and a viral success.  

Disney Parks

Disney isn’t just leading the pack by highlighting its TV and film content this spooky season, it is also doing a fantastic job promoting its parks. Travel is a big ticket in 2024, with holiday travel jumping 59% in the past two years. Disney Land and Disney World get the princess treatment in this spooktacular ad, getting the attention of parents and kids keen for their next holiday destination. 

Spirit Halloween

Spirit Halloween is a spooky season favorite for its huge selection of decor and costumes, but it isn’t usually noted for its commercials. And while this ad is a smaller production than the others on this list, it does what it needs to for its brand, and it does it well. Spirit Halloween latched onto 2024’s trendiest movies and online memes and uses this simple ad to highlight its selection of fan-favorite Halloween must-haves. The ad leads with costumes from Beetlejuice and the Joker, drawing in and engaging their target audience.

Key Halloween trends for advertisers

The spooky season is growing rapidly with consumers, but it isn’t catching on as quickly with advertisers. While retail spending is on the rise for Halloween, only the most traditionally spooky brands have ads on our list – or big-ticket ads at all! While we’ve come to expect fun ads from candy companies like Snickers, family-friendly entertainment brands like Disney, and costume houses like Spirit Halloween, other big brands that sell Halloween have yet to make a big appearance. 

In future years, as Halloween continues to grow in popularity, there’ll likely be more competition. We’ve got our eye out to see which new brands jump on the Halloween bandwagon first.

 

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B2B Advertising: the only guide you need https://illumin.com/insights/guides/b2b-advertising/ Thu, 24 Oct 2024 13:02:07 +0000 https://illumin.com/?p=19691 In the rapidly evolving landscape of business, B2B (business-to-business) advertising is emerging as a critical component for companies aiming to grow, scale, and maintain competitive advantage. Unlike B2C (business-to-consumer) advertising, which targets individual consumers, B2B advertising focuses on engaging other businesses, often with a longer sales cycle and more complex purchasing decisions. 

In this digital era, the spending on B2B advertising is only increasing to reflect the needs of all stakeholders. This spending is expected to reach an estimated 69 billion U.S. dollars by 2026 displaying the sheer growing demand in the segment. 

In this guide, every facet of B2B advertising is discussed- importance, types, best ads, and more. 

The Importance of B2B Advertising

Driving Growth and Revenue

B2B advertising is instrumental in generating leads and converting them into paying customers. It helps businesses identify and reach potential clients who need their products or services. Effective B2B advertising can increase brand visibility, grow sales volumes, and expand market reach.

Building Brand Awareness and Credibility

In the B2B sector, trust and credibility are paramount. Advertising helps establish a company’s reputation as an industry leader. Through consistent and strategic advertising efforts, businesses can enhance their brand image, making them more attractive to potential partners and clients.

Facilitating Long-Term Relationships

B2B transactions often involve long-term contracts and ongoing partnerships. Effective advertising not only helps in acquiring new clients but also in nurturing existing relationships. By maintaining a presence in front of clients, businesses can stay top-of-mind and reinforce their value proposition.

 

Types of B2B Advertising

Content and Search Engine Marketing (SEM)

This involves creating and distributing valuable, relevant content to attract and engage a target audience. Types of content include blog posts, whitepapers, case studies, and eBooks. Content marketing positions companies as experts in their fields and provides potential clients with information that can aid in their decision-making process.

SEM, including pay-per-click (PPC) advertising, targets users actively searching for specific keywords related to your business. Platforms like Google Ads let companies bid on keywords and appear in search results, driving targeted traffic to their websites.

Social Media Advertising

Platforms such as LinkedIn, Twitter, and Facebook offer targeted advertising options. LinkedIn, in particular, is highly effective for B2B advertising due to its professional focus. Social media ads can be tailored to reach specific industries, job roles, and company sizes. Meta advertising powers innovation and helps brands increase reach. 

Email Marketing

Email remains a powerful tool for B2B advertising. It enables direct communication with potential and existing clients. Campaigns can include newsletters, promotional offers, and personalized messages – all designed to nurture leads and build relationships.

Display Advertising

Banner ads, OOH ads, and display ads appear on websites and can be targeted based on user behavior, interests, or demographics. This form of advertising is effective for brand awareness and retargeting potential customers who have previously visited your site.

Trade Shows and Events

Participating in industry trade shows and events offers opportunities for direct interaction with potential clients. Advertising for these events can include digital promotions, sponsorships, and traditional media.

Challenges in B2B Advertising

Long Sales Cycles

B2B transactions often involve a lengthy decision-making process with multiple stakeholders. This can make it challenging to track the effectiveness of advertising efforts and measure return on investment (ROI).

Complex Buying Decisions

B2B buyers typically need to justify their purchases to others within their organization. Advertising must address various concerns and provide in-depth information to support complex decision-making processes.

Targeting the Right Audience

Identifying and reaching the right decision-makers within a company can be difficult. Effective targeting requires a deeper understanding of the target audience’s industry, job roles, and pain points.

Content Saturation

With the proliferation of digital content, standing out can be challenging. Companies need to create high-quality, engaging content that captures attention amidst a sea of information. In a report by Magna and LinkedIn, it was found that B2B advertising faces a challenge in terms of creativity. In fact, 64% of B2B decision-makers feel that B2B ads lack humor, emotional appeal, and relatability. 

Measuring Effectiveness

Quantifying the impact of B2B advertising can be tricky. Metrics such as lead quality, conversion rates, and long-term client value need to be monitored to assess the success of campaigns.

Popular Trends in B2B Advertising

Personalization

Tailoring content and ads to the specific needs and preferences of target accounts is becoming increasingly important. Personalized advertising can improve engagement and conversion rates by addressing the unique pain points of each potential client. In a report, 89% of business decision-makers mentioned they would look into the product offerings and services if the ads were personalized. 

Account-Based Marketing (ABM) Growth

ABM continues to gain traction as companies seek more targeted and effective advertising strategies. By focusing on high-value accounts, businesses can allocate resources more efficiently and achieve better results.

Video Content

Video is emerging as a dominant form of content in B2B advertising. It offers a dynamic way to showcase products, explain complex concepts, and engage audiences. Webinars, product demos, and explainer videos are popular formats. Video content has been instrumental in purchase considerations for B2B decision-makers. 

AI and Automation

Artificial intelligence and automation are transforming B2B advertising. Tools that use AI to analyze data, optimize ad placements, and predict trends can enhance campaign performance and efficiency.

Data-Driven Marketing

Leveraging data to drive advertising decisions is becoming standard practice. Analytics tools provide insights into customer behavior, campaign performance, and ROI, allowing for more informed decision-making.

Interactive Content

Interactive elements such as quizzes, surveys, in-game messaging, and calculators are gaining popularity. They engage users more effectively and provide valuable data that can be used to tailor future advertising efforts.

Influencer Partnerships

Collaborating with industry influencers can extend reach and credibility. Influencers who are respected within a specific industry can amplify your message and connect you with a broader audience. In a survey by Gartner, they found that B2B buyers value third-party interactions and influences while making business decisions for their company. 

Conclusion

B2B advertising is a vital aspect of modern business strategy, offering opportunities to drive growth, build brand awareness, and foster long-term relationships. By understanding the various types of B2B advertising, addressing common challenges, and staying abreast of popular trends, companies can develop effective advertising strategies that resonate with their target audience and achieve their business objectives. As the landscape continues to evolve, staying adaptable and informed will be key to leveraging B2B advertising for success.

 

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With Google in hot water with the DOJ, what exactly are anti-trust laws? https://illumin.com/insights/blog/google-and-doj-anti-trust-laws/ Tue, 22 Oct 2024 14:48:39 +0000 https://illumin.com/?p=19692 The United States Department of Justice is cracking down on companies violating anti-trust laws. In particular, Google is under fire for allegedly operating a monopoly in the digital advertising industry.

Google is now in a Virginia court defending its digital advertising business against monopolizing allegations, a process that is estimated to take four to six weeks. 

The potentially groundbreaking trial began on September 9, 2024, and could mark the beginning of the end for Google’s ad tech business as we know it today. If found guilty, Google would be forced to break up its business and divest its ad server and ad exchange. This would 

make room for competitors to get their own foothold in the digital ad business. 

After this ordeal concludes, Gannett, the owner of over 200 local news outlets and USA Today will be able to proceed with its own suit against the search giant – also pertaining to Google’s alleged monopolizing of the digital ad market. The pending federal lawsuit was filed in New York in 2023.  

With Google facing the fire, how do other digital giants avoid the DOJ’s ire? To understand what is happening in the ad world right now, we first need to understand what anti-trust laws are and how they operate. 

What are anti-trust laws? 

Anti-trust laws are designed to protect the economy and the population from monopolies. In this case, monopoly doesn’t refer to a fun family board game, but an economic situation where one company owns an entire sector with no regulatory oversight. This shuts out all competition and makes breaking into that market almost impossible. Competition is an essential part of a capitalist economy, and blocking monopolies is in the best interest of the economy and consumers. 

The US first passed antitrust legislation in 1890. The Sherman Antitrust Act specifically targeted the Standard Oil Trust, a corporate trust founded by John D. Rockefeller in 1870. Standard Oil was ordered to divest in 1911 by the state of New Jersey as a direct result of the Sherman Antitrust Act.  

This first section of the act prohibits private companies from preventing trade between states or foreign countries. The second section prohibits any attempt to monopolize any trade or commerce in the US. Companies found to be violating the Sherman Act can be ordered to dissolve their organizations and may also face fines and/or imprisonment. Other organizations can also sue for damages if they can prove their business was injured by the violations. 

In addition to the Sherman Act, the US formed the Federal Trade Commission in 1914 to help regulate unfair trade practices and methods of competition. The US government also enacted The Clayton Act in 1914. This act bans any mergers or company acquisitions that would create a monopoly. 

In 2024, antitrust cases are typically prosecuted by the US Department of Justice’s Antitrust Division. On occasion, the Federal Trade Commission will also try their own cases. These pieces of legislation, though over a century old, are still strictly enforced and central to the preservation of competition in the US. 

Legal precedent 

The wins and losses of antitrust trials set precedents that define how cases are decided going forward. A couple of famous examples of anti-trust cases from modern memory include: 

United States v. Microsoft: 

In 2001, Microsoft was accused of monopolizing the web browser market. It was alleged that by forcing computer manufacturers to automatically install Internet Explorer on Windows operating systems, that Microsoft was participating in unfair competition practices. The court initially ordered that Microsoft break up into two separate companies, although upon appeal the company received a small penalty. 

United States v. Google:

In 2023 Google was charged with violating section two of the Sherman Act and was found guilty. The company was found to have an illegal monopoly over the search market and in September 2024 hearings began to discuss solutions. Parts of Google may be forced to break off into smaller companies. 

Anti-trust trials are a huge deal. The organizations involved are almost always well known to the public and the outcome of these trials changes the business landscape for entire industries. There is always big money on the line and smaller companies are often collateral damage. 

As to how this latest anti-trust case will play out for Google, only time will tell. Regardless of the penalties faced by the search giant, the world of search advertising is about to be upended.

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Email marketing: then and now https://illumin.com/insights/blog/email-marketing-then-and-now/ Thu, 17 Oct 2024 14:44:46 +0000 https://illumin.com/?p=19678 Email marketing is a crucial part of a holistic and effective marketing strategy – but when did it start and how did it grow to become as important as it is today? 

The history of email marketing starts with the birth of email itself in the 1970’s. Larry Roberts invented the very first email management system in 1971. With Robert’s system users could list, select, forward, and reply to received messages. These electronic mail messages quickly became email as we know it today. And marketers were right behind the general public in learning how to use online messaging to communicate efficiently. 

“Electronic mail message” became an outmoded term by 1982 and the term “email” swept in to take its place. 

The start of email marketing

After the invention of Rober’s system, email management systems grew rapidly – and marketers paid close attention. In 1978, the first recorded marketing email was sent. This simple email resulted in a whopping $13 million in sales, solidifying email as a key part of a successful marketing strategy. 

Email marketing grew rapidly, and alongside its climb came increased recipient frustration and ad fatigue. Unwanted emails and overbearing messaging lead to demand for filters and regulations. Annoying emails were on the rise and in 1988 the Oxford English Dictionary added a new word to its dictionary; Spam: “To flood with a large number of unsolicited postings, or multiple copies of the same posting. Also intransitive: to send large numbers of unsolicited messages or advertisements.”

While email marketing could be effective, when overdone the results weren’t increased sales, but a perceived bombardment from users. As a result, marketers adapted their strategies, and twenty years on, in 2003, the CAN-SPAM Act (and other similar initiatives) built a new standard for commercial emails. Marketers now needed to obtain a user’s consent if they wished to add that user to an email list. 

While regulations may seem like an attack on email marketing, in this instance they were actually a boon. Marketers were able to maintain this critical stream of communication while limiting customer frustration. Email lists later also became a crucial part of first-party data strategies. 

Email marketing continued to grow as the internet exploded in popularity. The medium also shifted and changed as new technologies became available. Today, email marketing remains a central part of every brand’s playbook and a crucial way to reach and communicate with both new and existing customers. 

Where email marketing is now

In 2024, email marketing remains one of the most important communication methods between customers and businesses. The strategy has a high ROI and lets marketers have direct, tailored conversations with potential customers in a way no other marketing method allows. 

Spam remains an issue for email marketers, as does over-exposure. Email marketers must keep messaging fresh and adjust their strategies to prevent ad fatigue and encourage engagement. 

Critical parts of an effective email marketing strategy

Building an effective email marketing strategy starts with clear goals, a defined target customer, and a healthy email list. These steps are crucial to a successful email campaign:

  1. Define your campaign goals: Email marketers need to define short-term and long-term goals for their campaigns. Gather context – including average metrics for the industry, and outline what your expected response will be given current and past campaigns.
  2. Define your target audience: Marketers need to understand their readers inside and out, this way they can target their language and content effectively. Start campaign planning by building a persona. Use this framework to work around pain points and tailor campaigns.
  3. Build a healthy email list: Don’t rely on purchased email lists, instead build your own. You can do this with data from existing customers and by using incentives like ebook downloads and discount offers. A healthy email list represents your target audience. 
  4. Gather data and analyze metrics: Define which metrics are important to your campaign goals. Collect and measure this data on an ongoing basis, adjusting your strategy accordingly. 

Email marketing is as old as the internet and while it has changed a great deal over the years, its importance has remained steadfast. One thing, however, has remained consistent over the years: spam-conscious communication has always won over more customers than blanket messaging. That being said, email will continue to change as attitudes and technologies evolve, as will the strategies marketers use to leverage email for their business – who knows where email may end up another decade from now.

 

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Streaming advertising: then and now https://illumin.com/insights/blog/streaming-advertising-then-and-now/ Wed, 09 Oct 2024 17:29:50 +0000 https://illumin.com/?p=19667 Streaming advertising has come a long way. Since the advent of pre-roll ads on YouTube to the addition of ad breaks on large streaming platforms like Netflix, advertisers have climbed on board a new opportunity to capture audiences’ imaginations. 

Beginning in 2019 with the launch of Disney+, the “streaming wars” captured the attention of TV producers and audiences everywhere. Now, forecasters have dubbed 2024 the start of the ad-supported streaming war and advertisers are on the edge of their seats – anxious to see which platforms and strategies will win the battle. 

But how did streaming advertising get to where it is today? 

The start of streaming advertising 

Streaming advertising started in 1941, believe it or not. Since streaming comes from the linear TV tradition, its origin is the same, an ad slot 

In the early 1940s, only 4000 TVs sat in New York City homes. On those TV sets, during a Brooklyn Dodgers and Philidelphia Phillies game, the first ever commercial aired. The 10-second ad for the Bulova Watch Company took a coveted place before the first pitch and dazzled audiences with a simple, unmoving image and a straightforward voice-over: “America runs on Bulova Time.” This simple ad changed TV and advertising forever. 

Ad formats evolved over the years. From prime time slots to high-profile sponsorships – advertisers have spent the decades learning to leverage audience attention at every interval. Now, over eighty years later, linear TV and CTV ad spending is projected to reach $100 billion by the end of 2027 in the US alone.

US CTV ad spending

Now, streaming aims to replace linear TV in most homes. With Over-the-top  (OTT) and Connected TV (CTV) taking over, advertisers are once again evolving to reach audiences how and where it is most effective.  

How streaming advertising got where it is today

Linear TV was the king of commercial advertising for the majority of the 20th century and well into the 2000s. When digital advertising first came onto the scene, the linear TV market held onto its foothold, but with CTV and OTT platforms climbing to prominence, advertisers are switching their allegiances. 

In 2023, the ad industry saw significant growth, particularly CTV. Global revenue for CTV reached $25 billion that year, and forecasters predict this expansion to continue. Projections show CTV ad spending will reach almost $29.29 billion in 2024 and will climb to $36.86 billion by 2026. The streaming market is booming. 

Streaming giants like Netflix and Amazon Prime aren’t new, but they are growing rapidly. Notably, during the early 2020s subscription-based video-on-demand platforms saw a massive spike in growth. While this rate of growth hasn’t continued, the platforms haven’t seen a decline either. Audiences are sticking with streaming. 

Netflix and Amazon Prime are also leading the way in ad-supported streaming, building their future growth on ad-supported subscription tiers. Netflix first launched its ad tier in 2022 and Prime followed in 2024, starting an era some are calling the “ad-supported streaming war.” Advertisers should be excited by the competition, one that could lead to better product development or lower prices. 

Interestingly, Prime has raised the stakes in this “war,” automatically entering existing Prime subscribers into its ad-supported tier. This gives Amazon an estimated ad-supported audience of 115 million out the gate and puts it at the top of the streaming ad market alongside Hulu, which has accumulated over 115 million ad-supported viewers

Streaming advertising is predicted to increase in popularity as more and more audiences cut the chord and transition away from linear TV. Advertisers looking to get ahead are already leveraging CTV and OTT to reach potential customers and those who aren’t soon will be.

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Marketing measurement: What do MMM and MTA even mean? https://illumin.com/insights/blog/marketing-measurement-mmm-and-mta/ Thu, 03 Oct 2024 14:47:56 +0000 https://illumin.com/?p=19648 Marketing measurement is essential, but marketers must leverage multiple methods to garner an accurate understanding of their success. Media mix modeling (MMM) and multi-touch attribution (MTA) are the most important methods of measurement; by using both of them, marketers can better understand how and why their campaigns work (or don’t). 

Why is marketing measurement important?

Measurement gives necessary insights into the successes and failures of each campaign. Did you reach your intended audience? How much engagement did you generate? While leads are a strong indicator of success, they are only one part of the broader picture. If a campaign does well or poorly, it is important to understand why. 

For the same reason, it is important to know which methods to use and when. By leveraging the right approach, marketers can get the best possible picture of their campaign’s impact. This is where knowing the benefits, drawbacks, and purposes of MMM and MTA come into play.

What is MMM?

Media mix modeling (MMM), also called marketing mix modeling, is a measuring and analytics strategy that lets marketers measure impact. They can use this technique to measure the success of their campaigns and then analyze which elements of their strategy are working and which aren’t. 

MMM relies on aggregate data and as a result, can evaluate a wide range of different channels. These include traditional channels like linear TV and digital channels like social media.  

By using MMM to garner insights, marketers can refine their campaigns based on trends and external influences to adapt and create more effective marketing strategies going forward. Marketers can follow trends (such as the rise of sustainability initiatives) to better target audiences and have a greater impact. Mixed media models also let marketers consider factors like seasonality and promotions in their measurement for greater accuracy. 

What is MTA? 

Multi-Touch Attribution (MTA) models are an analytic method where marketers look at various customer touchpoints so they can understand which strategies and channels have the most impact. 

Marketers can adjust campaigns and reassess strategies by measuring the effectiveness of each channel or ad campaign with MTA. These models give marketers a holistic view of how audiences are receiving messaging and interacting with marketing materials. By analyzing customer reception at each individual touchpoint, marketers can better understand which aspects of their strategy are effective and which need to be rethought. 

In building a successful journey advertising campaign, advertisers need to understand which points in their journey are having the desired impact, and which are missing the mark. MTA gives advertisers the information they need to know which part of their strategy is working or not so that they don’t need the start from scratch every time they fail to achieve the desired impact. 

Marketers need to know how to leverage diverse marketing measurement techniques. Both MMM and MTA strategies serve an important role in building and maintaining successful ad strategies. Understanding which purpose each strategy serves is critical in using them appropriately and effectively for marketing measurement. And oftentimes, there is a purpose for both at different stages of a campaign. 

By understanding the benefits and drawbacks of MMM and MTA strategies, marketers can leverage the best possible measurement techniques for each campaign.

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The growing presence of social media in political advertising https://illumin.com/insights/blog/social-media-political-advertising/ Thu, 26 Sep 2024 15:04:48 +0000 https://illumin.com/?p=19592 As elections heat up, so does the presence of social media in political advertising. Learn why you should consider stepping up your social media game for electoral needs.

The 2024 US Presidential elections are around the corner and parties are gearing up for what might be one of the tightest races we’ll ever see. That said, political parties are using every tool in their arsenal to gain favor from constituents and ensure their party’s names will be written on their ballots come election day.

Among those tools seeing a lot of traction in political advertising: social media

Recent events of 2024 alone show how the growing presence and usage of social media for political purposes is becoming not just prevalent but also crucial to one’s campaign. 

Today, we’ll look at how social media usage in political advertising in the modern age is consistently growing and what marketers can learn from this phenomenon.

Kamala Harris’ “Brat Summer”

The summer of 2024 saw one of the most remarkable moments regarding the 2024 US Presidential elections. 

In a shocking turn of events, US President Joe Biden announced he was stepping down from seeking reelection for the US Presidency back on July 21. In turn, he endorsed VP Kamala Harris as the new candidate for the Democratic party. 

What followed was a social media storm that led to users creating posts and memes all over Meta, Instagram, X, and TikTok. Most especially, those that include clips and pictures of Kamala Harris meshed with songs from singer Charli XCX’s album “Brat”, showing support for the Democratic presidential nominee. 

For context, social media users (most especially, the Gen Z segment and today’s youth) raved over the “Brat” album ever since its June 2024 launch. Thanks to social media, the term “brat summer” was coined, referring to how the album’s release was gonna define the summer of 2024. 

The term had evolved since then, most especially when Charli XCX stated what being a “brat” meant. She defined “brat” as the state of having fun, embracing one’s self and community, and unapologetically being their “messy” selves. 

Couple that with the fact that Charli XCX tweeted her expression of support for Kamala Harris which immediately went viral on X.

Charli XCX tweet of Kamala Harris

Shortly after the British singer endorsed Harris, the Kamala HQ page embraced the brat aesthetic, rebranding the Biden-Harris HQ to Kamala HQ with a brat-themed header (mainly characterized by a neon green back with a black text silhouette, similar to the album cover) on X. This illustrated the Harris team’s commitment to social media advertising for political gain.

Kamala Harris Brat Campaign

Part of this political advertising and marketing phenomenon includes a clip of a 2023 Kamala Harris’ speech where she uttered “You think you just fell out of a coconut tree?”. Several videos surfaced of users remixing the “coconut tree” clip along with songs from the “brat” album. It graduated from trend to cultural phenomenon. 

The videos were meant to be associated with expressing confidence, resilience, and empowerment themes. The marketing teams from both the Harris campaign and the “brat” album capitalized on the virality. Combining the album’s bold and rebellious persona with Harris’ assertive tone resulted in enhancing the album’s image and appeal while complementing the Harris digital political campaign. 

Trump and X

Meanwhile, former US President and Republican candidate Donald Trump is known to be outspoken in social media, specifically on X. 

A study made by two Australian linguists showed Trump’s use of X before and six months after his election in 2016 played a pivotal role in his victory. His blunt approach and usage of emotive hashtags targeted toward his political opponents, along with the use of rhetorical questions, loaded words, capital letters and exclamation points proved devastatingly effective. 

Specifically, the study showed Trump’s tweets resonated with his own base and motivated his supporters to vote for him,. It gained Trump more favor by speaking directly to people through his tweets – which made him appear more personable and approachable. 

During his term as US president, he would tweet a couple of times everyday, pushing his policies, interacting with his admirers, and most notably, attacking and belittling his opponents. Fast forward to January 2021 when the former President was banned by X following the events of the US Capitol riots. He was later reinstated in November 2022 when multi-billionaire Elon Musk acquired the rights to X – though he had been silent with no posts, retweets, or replies.

In that period, Trump would consistently take to Truth Social (the alt-tech social media company he owns) to continue his tirade of controversial statements which continuously put him in the media spotlight. 

It wasn’t until August 2024 where he would share posts taking shots at Kamala Harris and Hilary Clinton, implying that the Democratic candidate owed her political rise to sexual favors. This post was made in addition to other extreme posts that included QAnon conspiracy theories. 

A study made by the University of Buffalo showed that during the 2022 midterm election cycle, Truth Social was more effective at drawing news attention to Donald Trump. In comparison, X had a different impact during the 2016 primary election season. 

However, the study emphasized and revealed one important thing: Trump’s ability to attract news attention through social media was not predicated on a specific social media platform. It was through his ability to engage social media users.

Takeaways from modern social media trends in political advertising

Needless to say, using social media to connect and engage with voters is more widespread than ever before. There are a lot of things we can take away from this growing phenomenon.

First, it emphasizes the need and value of cross-channel marketing in political advertising. Gone are the days when candidates would just bank on making commercials for the traditional TV and print formats. With the digital age shaping how potential voters consume their information and media online, advertisers need to utilize every resource available in order to maximize constituency reach. That includes the usage of social media, connected television (CTV), and more.

Social media also allows for better voter engagement and storytelling. Feedback on campaign ads is immediate on social platforms. This lets candidates adjust their messaging and strategy quickly. Political advertisers can look into different ways to convey their intended messaging such as journey advertising

Another thing to take away is that the platforms present a huge opportunity and potential to engage and connect with today’s voters. There are more than 121 million Americans on TikTok despite the threats against the app in the US, with a large majority of users being young voters and Gen Z. 

Furthermore, a study by Pew Research Center conducted last March 2024 found that a majority of American X users (59%) use the platform to keep up with politics compared to 36% of users who are on TikTok for the same reason. eMarketer also shows that over 70% of Gen Z and almost half of millennials in the US use TikTok on a monthly basis. Some 77% of Gen Z hear about news from social media. 

This all goes to show how relevant social media is to voters’ everyday lives. It can serve as the gateway to success for political candidates looking to connect and get their platforms and messaging across a wide range of audiences. 

The recent success of politicians engaging voters through social media and political advertising shows that the method is here to stay. It’s just a matter of which candidates can use social media as part of a winning strategy.

 

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Is Roku about to transform the streaming market? https://illumin.com/insights/blog/roku-about-to-transform-streaming-market/ Tue, 24 Sep 2024 19:27:09 +0000 https://illumin.com/?p=19630 Patents can make or break a tech company’s plans. If Roku’s recent moves are anything to go by, then the tech company is about to bring a major boon to the streaming industry. Evidence suggests that TV streaming giant Roku is angling for new tech, having taken the last steps before the issuing of a patent earlier this year.

Roku filed a new ad-tech patent and has received a Notice of Allowance from the US Patent and Trademark Office (USPTO). This notice is generally recognized to be the final step before a patent is issued. First reported in April 2024 by tech and entertainment newsletter Lowpass, this new patent could bring even greater ad capabilities to the platform. 

Roku’s new patent comes just months after finalizing partnerships with both iSpot and The Trade Desk to improve and expand its video advertising offerings. 

Roku TV

What will Roku’s new patent bring advertisers?

Roku’s application is for “HDMI customized ad insertion.” In the filing, the capabilities of this device are detailed – describing the ability to play streaming ads when content is paused. It does this through a device’s HDMI connection, reading where and when media is paused and displaying ad content until content is played again. 

This technology would also be able to detect context and play custom or relevant ads to specific audiences. For example, a device could play cosmetics ads while a make-up competition show is on pause. 

Roku now has three months after receiving its Notice of Allowance to pay an issue fee if it hopes to secure its patent. So long as the fee is paid, the company will likely receive its patent within two to three weeks. 

While attaining the patent could be game-changing, it doesn’t mean any specific device is market-ready or dictates when and where Roku intends to use its new technology. Advertisers keen to jump on board and play ads during paused streaming content will just have to wait and see how and when this tech will be officially launched and given that Roku has declined to make any comments on the record, that may be a while yet. 

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Programmatic Advertising: The Ultimate Guide https://illumin.com/insights/guides/guide-programmatic-advertising/ Thu, 19 Sep 2024 16:00:40 +0000 https://illumin.com/?p=14146 For every business, being strategic and fully understanding the ins and outs of programmatic advertising before making the transition is critical for long-term success. You could have a brilliant ad, but the campaign will never reach the intended audience without the right strategy and the right targeting. This is where programmatic advertising shines when leveraged well.

Programmatic advertising can be found everywhere: from the websites you visit to the ads on YouTube – and even new formats like interstitial podcast ads or short clips on your connected television. The medium represented over $96 billion of digital display transactions in the US in 2021. This guide on programmatic advertising lays the groundwork for a successful programmatic campaign, telling you everything you need to know about how it works and how to leverage programmatic targeting for success. 

What is programmatic advertising?

The term programmatic refers to how digital ads are sold or bought and programmatic advertising is the process of using technology to automate several aspects of the ad purchasing process. It is more efficient to purchase this way and allows for stronger optimization of digital campaigns. 

Programmatic advertising can be used to strategically plan and execute campaigns for specific audience segments, geographic locations, or across multiple channels like video, mobile, display, and Connected Television (to name a few). 

This methodology of planning and automating ad buying is effective for advertisers and brands irrespective of size since it does away with the “hit or miss” results of traditional display advertising campaigns. With the strategic planning and adjustments made possible through programmatic, reliance and efficiency increase. Algorithms also help advertisers better understand the best way to spend their ad money. 

Programmatic advertising works especially well when building a long-term connection with your audience. It gives advertisers the upper hand for scalability and optimization, helping them create iterative campaigns for improved results. With programmatic advertising, brands can place ads in relevant channels and target the appropriate audiences for better results and improved ROI. 

Some must-know programmatic terms are:

 

  • Demand-side platforms (DSP): Platforms that let media buyers automate and optimize digital ad space purchasing.
  • Supply-side platforms (SSP): The other end of the spectrum – publishers use SSPs to manage and sell ad space on their own apps or websites. 

The benefits of programmatic advertising

Programmatic advertising makes it easier for advertisers to access a broader ad space inventory and leverage effective audience targeting. Some key benefits of programmatic advertising include:

  • Reach larger audiences: Advertisers can reach larger, more relevant groups than when purchasing ad inventory from several disparate sources.
  • Increased flexibility: Advertisers and buyers can make adjustments to ad campaigns transparently and flexibly. 
  • Better targeting: There is less wasted ad spend as targeting is more effective and weighed against impressions. 
  • Efficiency: Both sellers and buyers can achieve better returns on their respective investments. 

How does programmatic advertising work?

Programmatic advertising requires advertisers to have an automated, ongoing connection with publishers (those with ad space to sell). Through this connection, advertisers can manage ad inventory. This connection is made using software instead of individual, manual negotiations. Additionally, with programmatic advertising, advertisers can pay for ad impressions instead of paying a flat rate across all platforms. Advertisers can also leverage both sell-side and demand-side platforms to buy across open networks. 

For programmatic advertising to work, advertisers need to properly manage their audience, placements, budget, bidding strategy, creatives, and assets. Companies need to mention and specify target audiences, interests, and other essential parameters when leveraging programmatic advertising. These parameters can include: 

  • Demographics: age, gender, location
  • Interests: medical news, new devices, health information, etc.
  • Devices: laptops, desktop computers, tablets
  • Behaviors: trends in the medical field 

Programmatic platforms like DSPs will use this data to target appropriate audiences. The DSP bids for ad spaces on relevant apps, publications, and websites in real time. Once the relevant audience starts reacting to ads, organizations can view core KPIs like sign-ups, click-throughs, and impressions.

Types of programmatic advertising

Programmatic advertising is categorized based on how ad inventory is purchased. The most common forms of programmatic advertising are: 

  • Real-time bidding: Advertisers purchase ad space on an open marketplace. Ad auctions happen in real-time where millions of microtransactions can take less than 100 milliseconds to complete. 
  • Preferred deals: In this type of programmatic advertising, advertisers can choose the ad spots they want before they go to an open or private marketplace. 
  • Private marketplace: In a private marketplace, publishers set agreements with advertisers for ad space. This type of bidding lets websites set their ad space at the best price possible.
  • Programmatic guaranteed: In this form of programmatic advertising, there is no bidding process. Instead, the ad placement process is automated. In this form of programmatic purchasing, both buyers and publishers can manage and regulate inventory. 

Common methods for ad targeting with programmatic advertising

Programmatic advertising is based on efficient targeting. Here are some common targeting methods:

Audience targeting 

Ads are shown to audiences based on data and potential user interest. Cookies from websites may be used to gather this data for relevant targeting, although there are cookieless data strategies that are gaining momentum. In practice, this means that when a targeted user visits your site, they will shown your ads later when scrolling YouTube or watching a streaming service. 

Contextual targeting 

In this form of targeting, ads are shown based on the website’s context and content. So if an advertiser is selling a health tech product, they might target users on health blogs, publications, or wellness-related platforms and apps. 

Geotargeting 

Brands can also target customers based on their location. Data from the current or past locations of users is used to target, ensuring the right customers are reached in the right places. 

Keyword targeting 

This form of ad targeting focuses on using specific keywords to reach the right audience. This is very similar to contextual targeting and its execution is most often seen in search and social media ads. 

Retargeting

This method refers to the act of re-engaging audiences who’ve previously interacted with your brand. This can be through cookies or a tracking pixel. 

What’s next for programmatic advertising?

The future of programmatic advertising is vast given the strategy’s potential. Many ad-tech companies are now turning to automation and artificial intelligence to build even greater efficiency into the media buying journey. 

Automation 

Automation in programmatic advertising is already prevalent, however, advances in artificial intelligence technology have helped increase the efficiency, relevance, and profitability of ad placements. Big data insights, GPT-3, and augmented intelligence solutions will also continue to impact marketing automation initiatives. 

More than a demand-side platform 

There is disintermediation on both the DSP and SSP side of ad tech. There is also a paradigm shift in programmatic advertising with both platforms stepping into each other’s traditional boundaries. 

For example: solutions like illumin focus on the entire consumer journey to holistically enhance advertising outcomes. illumin offers media planning, media buying, real-time intelligence, and more all in one place, reducing marketing costs and enhancing desired business outcomes. 

Increased personalization 

Ad tech now requires high-level personalization and real-time measurement. It is going to continue to be essential to make decisions based on accurate data and insights – all while prioritizing user privacy

Artificial intelligence and machine learning 

Artificial intelligence (AI) is already used to find patterns, analyze actions, and predict future user behavior. AI can also be used to find the best times and locations to place ads. 

Bottom line 

Programmatic advertising is not new, in fact, it is as old as the digital banner ad itself. But the late 2000s saw a staggering evolution in the medium and programmatic platforms are more capable than ever. And now, Current technologies like AI are bringing an exciting edge to the world of programmatic. Programmatic advertising is a major facet of modern advertising and its ability to serve media to users at different points in their purchasing path is essential to long-term, digital success.

 

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Fubo launches its new CTV advertising format https://illumin.com/insights/blog/fubo-sports-ctv-advertising/ Wed, 18 Sep 2024 15:30:04 +0000 https://illumin.com/?p=19601 The sports streaming platform introduced its very own proprietary CTV advertising format. Here’s how advertisers will benefit.

Sports advertising could see a shake-up as Fubo introduces a new initiative that could completely change the face of sports streaming advertising. 

FuboTV Inc. or Fubo, is an American sports-first live TV streaming platform intended to replace cable TV. The company launched its proprietary connected TV (CTV) advertising format for branded content. In a press release issued on September 6, 2024, Fubo announced it was launching “Triple Play” in the coming days. Triple Play is a unique opportunity for advertisers to display branded video content on Fubo’s highly visible home screen. 

Triple Play will also let companies position branded content alongside relevant curated programming, maximizing audience targeting and engagement.

“Triple Play” an opportunity for enhanced CTV ads

With Fubo’s Triple Play module, advertisers get a branded banner, a custom content carousel showcasing curated, live, and on-demand programming, as well as clickable branded content videos within the programming playlist. 

In addition, advertisers also get a rotation of midroll ad spots that will appear within programming on a curated playlist. Advertisers also get the option to add a QR code to branded videos for deeper engagement. 

The activation also incorporates branded and themed backgrounds, custom titles, logo entitlements, and content to create an immersive brand experience. As a result, Fubo subscribers are met with an interactive home screen that incorporates both ad content and their usual user streaming experience. 

Fubo’s innovative Triple Play module aims to give brands an opportunity to reach audiences more creatively through enhanced CTV ads. As Dina Roman, the SVP for Global Ad Sales and Operations of Fubo, said: 

Traditional 15 and 30-second ad spots have long been staples in TV advertising but CTV has made it possible to expand standard TV ad formats to command more attention and engagement. By offering premium bespoke ad opportunities, we are creating even more ways brands can authentically reach their target audiences.”

Walmart’s collaboration with Fubo could spell big news for CTV advertising and sports streaming advertising

Fubo’s Triple Play gave retail giant Walmart the perfect opportunity to launch its “School Style Decoded” back-to-school campaign from September 6 to 9, 2024 on Fubo’s interactive home screen. The retailer took advantage of this unique opportunity to present its latest back-to-school advertising campaign to an often un-tapped audience segment and sports streaming platform (sports streaming). 

This ad format shows Fubo’s commitment to expanding opportunities beyond traditional TV spots through streaming and CTV platforms. Walmart’s inaugural sponsorship of Triple Play also shows the retailer’s commitment to connecting commerce and content on its owned platforms and beyond. 

This could spell big news for CTV advertising and potentially entice other brands to strike similar deals. CTV advertising has let firms experiment and play with unique ad formats only offered in a digital space. As a result, a lot of firms in the streaming industry have rolled out new ad formats to stay competitive. 

For instance, LG Ads Solutions rolled out its own era of interactive TV experiences including on-screen QR codes and native screensaver ads across its LG devices and products. Amazon also launched its “targeted copy-splitting” format in 2023, letting advertisers display multiple, audience-tailored ad versions in a single slot.

eMarketer suggests that this collaboration and overall move by Fubo is a sign that advertisers are bullish on the potential of CTV ad formats and are looking to be among the first to test them out.

 

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