Adtaxi, one of the nation’s fastest growing digital marketing agencies, today announced its digital advertising predictions for 2018. Among them are everything from drastic consumer viewing changes to new ways advertisers will be able to reach consumers and even a solution to the long troublesome ad fraud conundrum.
“We really believe 2018 is going to be a record year, filled with new frontiers in the digital ad space,” said Chris Loretto, EVP of Adtaxi. “Fueled by a plethora of technological advances and a shift in the ways people are consuming content, there are an extraordinary amount of opportunities, albeit not without challenges, for reaching a larger base. Those willing to evolve with these changes will succeed, while those who continue with the status quo will likely be left behind.”
With the increasing popularity of Amazon Alexa-enabled devices and Google Home, advertisers will begin tapping into new territory with voice advertising. Imagine asking Alexa for a recipe for chicken casserole and then she responds and asks you if you would like to order the ingredients from Amazon Pantry. Or you ask where the nearest oil change center is and then you receive an advertisement for Jiffy Auto Lube. This is the future, and by the end of 2018, it will seem a lot more common – even expected.
Safety Ratings for YouTube Video
Given the controversies surrounding content on YouTube and their commitment to ensuring consumer and brand safety, safety ratings for videos will likely exist by the end of 2018, similar to what we have seen on traditional TV and film. This will provide an opportunity for consumers to filter what content they see and safeguard brands from being associated with content deemed dangerous to their image.
Traditional TV Networks Come to Streaming
Though most major networks already have apps that can be accessed through streaming devices and online, this year networks will make their content available—playback and in real-time—through the most watched platforms such as Netflix, Hulu and Prime Video.
Advertising Becomes More Prevalent on Streaming TV
With eyeballs shifting from traditional cable to streaming services, advertisements are following suit. With this also being a new revenue model to fund streaming TV, various subscription plans will be provided to consumers to support such measures. Hulu—which has long-opted for this revenue model, providing customers the option of a commercial-free subscription or “limited commercial” subscription for four dollars less per month—will soon find themselves competing for ad dollars amongst their streaming counterparts. However, with traditional cable TV falling by the wayside, there should be plenty of cash to go around.
Advertising Through Facebook Messenger
If Facebook’s announcement that the timeline will include less content from publishers and brands is any indication, users should expect to see more advertisements coming to them directly through Facebook Messenger. Brands are already using this function more and more to interact with consumers in real-time when they visit their page, and it will give brands a deeper ability to target and connect with the individual consumer verses a blanket advertisement for a larger audience.
More Transparency: Blockchain Technology Used to Protect Against Ad Fraud
With Ad Fraud currently a $16-billion-dollar business, publishers have been searching for a way to safeguard their space and prevent fraudsters from selling space—marketed as that of leading publishers—that simply doesn’t exist. Blockchain technology is already being heralded as the answer, thanks to its unlikelihood of being manipulated, its lack of centralized database and its immutable, undeletable and transparent transaction history. While there are still issues—at least when it comes to being used for programmatic advertising with the technology, in its infancy, being too slow—there will be major advancements towards its use in solving ad fraud this year.
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