Posts

How technology has impacted the online advertising industry?

Image
  How technology has impacted the online advertising industry? The landscape of online advertising is changing unpredictably. Advertisements around us today are seemingly far different from those that were a decade ago. This is because of the enhanced modifications that happened in the advertisement sector with the growth of technology. Technology has significantly influenced online advertising platforms over the last decade, and still, it is continuing its function to change the industry. In this article, we examine the reasons that are causing tremendous changes in the online advertising sector. Augmented Reality (AR) and Virtual Reality (VR) 5 years ago, we all conceived AR and VR as technologies that are limited to games and entertainment. But, both these technologies have rectified our wrong notions through their contribution to each digital industry, including online advertising. Both AR and VR have made advertising more interesting and interactive by enabling consumers to in...
Post a Comment
Read more

Lack of competition and transparency: Challenges in the online advertising market

Image
  Lack of competition and transparency: Challenges in the online advertising market The first online advertisement was a banner for AT&T that appeared on the HotWired.com website in 1994 when there were just 30 million internet users worldwide. Today, 57% of the world's population has access to the internet and advertising technology has advanced to the point that by 2018 the digital advertising market in Europe alone was worth 55 billion euros. Of this amount, 16.8 billion euros is accounted for by programmatic advertising, which uses artificial intelligence to automate much of the buying and selling of internet advertising. A new report, published by Open Evidence, a spin-off of the UOC, whose authors include Francisco Lupiáñez, a member of the UOC's Faculty of Information and Communication Sciences and a partner and director of Open Evidence, examines the current situation and the challenges for online advertising. The results reveal an online market that is increasingly...
Post a Comment
Read more

Internet Advertising: future of marketing in India

  Internet Advertising: future of marketing in India We are living in the internet age, and the future belongs to the world-wide-web. Hence, it is natural for businesses to expand their marketing budgets on internet advertising. As of 2017, the Indian advertising industry stood at INR 55,960 crore and with a projected CAGR of 11%, it is expected to touch the INR 77,623 crore mark. Out of this, the comparatively new age channel of digital advertising stood at 15% of the total market and accounted for INR 8,202 crore. At present, TV commands the largest share of advertising budgets at 40% (INR 22,526 crore). However, TV’s hold in the advertising domain is waning and it has a CAGR of 8% whereas digital advertising is expected to grow at 4 times that of TV (CAGR 32%) and reach INR 18,986 crore by 2020. The market size is set to grow from 15% (2017) to 24% in 2020. The transition from traditional to internet marketing has been evident for some time now. With widespread access to the int...
Post a Comment
Read more