Programmatic Advertising

Some of you may already know what programmatic advertising is but just in case we thought we would explain it for those who may not. Programmatic ads are done through the use of software or AI to buy digital advertising space. This connects publishers who own website domains with advertisers and takes the arduous task away from people having to manually do it. The software uses an algorithm to determine where the ad space is best for your target audience in order to increase your ROI. The brand gives the information of audience specifications, key performance indicators and information on the ad campaigns. The program will then create the algorithm to fit and find the perfect placements for your digital ads. After the ads go live, it will monitor and look for areas of improvement. This type of advertising couldn’t be more critical with the Google phase out of thirds party cookies. We are entering a digital era of personal information confidentiality and it’s only going to get harder to find your online audience with privacy at the forefront. This will be one of the best ways to get your ads in front of the right consumers. Here are some other reasons why it is important.

1.     Real-time adjustments. Since it is being monitored, it can show how the ad is doing based on impressions and can be adjusted as needed.

2.     Larger audience reach. Since there is purchasing power from any ad space, this increases the audience it will reach. Advertisers have a large pool of publishers, which will increase ROI as well.

3.     Efficiency. Budget is better spent. “More relevant ads are served through targeting” (Publift). Taking the human out of the equation who has to search for, inquire, and purchase the spaces makes this more efficient. It is so much faster with software and will save the company money in the end.

The future is digital! Making sure your company is up to date on the newest software and techniques for their advertising is going to be a key component to their success. Taking advantage of software that performs programmatic advertising will save your brand money, streamline your digital ad space buying process and help you reach a wider audience than before. Why wouldn’t your brand want to take advantage of this when it seems like a no brainer right?! Happy advertising! 

Cost Effectiveness of UGC Marketing & Advertising

To source or not to source? That is the question! We all know the many benefits of sourced content advertising in terms of brand authenticity, loyalty, customer engagement, etc. But what about the pricing of this type of marketing over traditional forms of marketing? When we say traditional we mean production team, actors, studio. You get it. The whole nine. Traditional forms of marketing tend to be more polished and present mostly information about a product. It can also be very time consuming where user generated content marketing has a much faster turnaround time. Of course, like all businesses, there is always going to be a budget involved for every single advertising campaign that they do. Statistics show that content marketing costs 62% less than traditional and will generate 3x’s as many leads (Demand Metric Report). Also, the risk of traditional marketing forms is in the fact that the brand won’t know the end result or its impact it will have with their consumers. Whereas, sourcing user generated content that is already made, the brand will already know what the emotion the clips incite and how it may fit the final edits. Already knowing the emotional response will also give the brand insight as to how how it will impact their audience before it even goes into market. Often times, these agencies will come in well under project budget utilizing a sourced content agency such as Locomotive. Of course, it’s not feasible to use sourced content for every single ad campaign. However, it is extremely beneficial to blend a mix of traditional and content marketing together in order to get the best use of a company’s advertising budget.