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Digital advertising is a bit of a catchall term. Some people use it interchangeably with internet marketing, but thats not quite accurate. All internet marketing is digital advertising, but not all digital advertising takes place online. Its a huge industry. Mashable reports that, Global digital advertising spending broke $100 billion for the first time, according to eMarketer, which predicts the business will grow another 15.1% this year. These numbers reflect advertising received on desktops, laptops, mobile phones, and tablets, excluding text message ads (SMS, MMS, P2P). An estimated $31 billion of that was spent in the U.S. alone.
The key here is for brands to offer a stream of useful information via social media and purposeful ads online concurrently sending push notifications and text messages to cell phones on a scheduled foundation as well as when those smartphones GPS capabilities enable location-based app push notifications. Those location-based products and services are a few of the most important elements of a digital advertising campaign utilizing smartphones. When users can not only choose to check in via Facebook and Foursquare but in reality be made aware that they are within a specific range of a business location and offered an incentive to come in, they are far more likely to engage with the brand than if they simply see a banner ad concurrently browsing online.
Consider how we use our smartphones. Theyre much more than the cell phones of old. Theyre on-demand access to our social media streams, our email, and more importantly, the entire Internet. This fixed connectivity has changed how we interact, enabling distant friends and relatives to virtually participate in our daily lives. Its impacted how we shop, with 55% of smartphone users indicating that they have used a smartphone to price compare when shopping. Additionally, more than a quarter of smartphone owners use their phones to read online reviews that impact their buying choices, and more than a third have scanned a QR code with their phone for information.
Smartphones offer real-time marketing opportunities to users who truly prefer to connect along with your brand. Smartphone users are listening. Are you sending a message you want them to hear?
There are very few inventions that truly change how we live and work as a society. Refrigeration, the microchip, those little things on the conclude of shoelaces that make them not unravel. In all seriousness, it really isnt that usally that a consumer product comes along that in reality changes how society operates, but the smartphone truly has.
For the retail industry, this all adds up to a major marketing element. Smartphones are not just a one-way street, after all. If consumers can use them to access information, then businesses must use that same technology to share information with those users. This is where digital advertising comes in.