Digital Advertising Strategy

Digital advertising is a strategy established in the business world as everyone strives to get ahead in their respective businesses by yielding huge profits. It involves the buying of spaces across internet pages to sell your products to a targeted audience. You might not be aware but digital Ads are accessible to everyone, and to run a campaign that will get to your targeted audience, the amount required varies depending on what is best for your product and how much coverage you are aiming at. However, if digital ads are the strategy you would want to implore to boost sales and earn more, you should identify the strength and weaknesses involved.

Advantages of Digital Advertising

Targeted Audience Stay Informed. Digital ads help keep your targeted audience informed of your products and services. They get to know what they will be paying for, how much they will be paying, what you have that others do not have and why they need your services. This strategy has been used over the years and have worked for some people.

Stimulates Interaction

People will always want to try out products recommended to them by a close friend or relatives. The use of online shares and recommendations as a strategy, has impacted a reasonable amount of growth on businesses when used.

Strengthens Other Advertising Strategy

Return on Investment (ROI) will increase with the use of digital ads when placed on other media. When using a billboard, digital ads will make the sales do better when they are both combined. It therefore helps to boost sale and ROI.

Disadvantages of Digital Advertisement

It is complicated and difficult to implore. Digital ads come with different options to choose from. Options like native ads, search ads, remarketing ads, and pay-per-click ads. They individually have their techniques that should be used to get a positive result, however when you use one that won’t do your business any good, you tend to lose money instead of gaining. It has broken advertising system. Formerly, advertising is effective when clients buys ads space from vendors but the vendors outsource the contract to different sites worldwide. The use of real-time bidding, geo-fencing, and demographic analysis will determine where the ads appear, making it difficult for both the content creator and the advertiser to have control of where the ads appear. It gives publishers control and advertiser vulnerable. The use of decentralized ads scoring system and end-user data, is controlled by the end user. This avails publisher of ads the data of who rates high in terms of profit making and may decide to charge them higher.

Blockchain

Blockchain is generally referred to as the digital money technology platform, housing the popular Bitcoin with many subscribers, users and with so many other uses. Blockchain a powerful distributed ledger and record transactions between parties or a linked system of participants. A lot of people have been reluctant to open some internet pages to avoid being subjected to many online ads. However, the use of Blockchain could bring about the revolutionary solutions to the use of digital ads to make huge profits.

BLOCKCHAIN: THE SOLUTION TO DIGITAL ADVERTISING

It Eliminates Middlemen that profit from adsBlockchain is transparent and frowns at people taking advantage of your business. It exposes middlemen that benefits from the programmed ad deal. It makes contracts easier and fasterContracts are done with blockchains a lot easier and faster without any hitches and in the end speed up payments. Ads are now sold directly by advertisers. Blockchain is expanding or superseding digital advertising infrastructure by giving the advertisers and publishers franchise to buy and sell ads directly. It Reduces Ads FraudsAds frauds are now reduced when Blockchain is involved, by generating a fixed track between brands and consumers of the brands.

Trust and Transparency

Blockchain has been able to put in place trust and transparency to members, by keeping fully verified members on their database and this is hard to obtain within the whole world of digital ads. It has transformed the value of attention onlineBy allowing surfers great control over their data and the influence to sell their data, rewarding of brand interactions, Blockchain has made it easy. It has empowered users to play an active role in the digital ads network.

In conclusion, the Ads industry seem more attractive, as traditional and profitable techniques are not effective like they used to due to fraud. Although, the Blockchain solution might no be able to proffer all the solutions the problems of ad technology, it is highly efficient when there is the need for censorship, and can be an effective solution for advertisers as well as publishers, by offering them a distinctive advantage for fraud curbing and would be of great benefit to advertisers.

11 February 2020
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