Trends Report: Driving Instead of Convincing
by Sam Harrelson
The continuing rise of contextual advertising
in general has produced a shift in the way the online
marketing space produces traffic for advertisers.
Generally, the online sector has driven sales, leads and
traffic to advertisers’ web properties by convincing
consumers that they should be interested in a specific
product or service through the sales pitch. This pitch was
common to all forms of media. From the banner to pops and
email, the creative’s main purpose was to create a desire
which would push the consumer to the site with the intent of
making a purchase or giving lead information because of the
convincing nature of the marketing medium. For example,
HTML creatives quickly replaced text in popularity and
conversion rates as marketers and advertisers sought to take
advantage of the “convincing factor” to generate sales or
leads.
However, the contextual market, especially
on the Google platform, has created a trending shift in this
outlook. Advertisers and publishers alike are quickly
adapting to the changing face of the market and the steady
changes in the underlying philosophy of effort that the
entire sector rests upon. Google in particular has helped
to bring about this shift to driving instead of convincing
consumers by its very nature.
By searching for a key word, consumers are
already expressing interest in a product or service for
which they are searching. By displaying ads on the results
page that incorporates the already-expressed consumer
interest, Google is albe to capitalize on the intent of the
consumer and marketers can rely on the ability of Google to
drive traffic rather than their own efforts to make the
initial connection and conviction. New campaigns are
shifted to grabbing people’s attention shortly before their
purchase point or at the point where they make a critical
decision.
Unlike the past forms of traffic driving
media (email, banners, pops, etc), contextual advertising is
not about convincing consumers that they want to purchase a
product or service that they hadn’t previously thought
strongly about buying. Instead, the consumer has already
arrived at the point of decision and is looking for either
more information on the product/service or even comparing
brands.
An important question to consider for online
marketers is the underlying “why?” this shift is occurring.
Perhaps the strongest reason lies in the ever-expensive
nature of the online market. Costs for effective email
campaigns or profitable banner positions are rising
increasingly higher. Even the CPA market has seen the costs
of operating rise due to regulation and industry
consolidation. In effect, the “convincing factor” that was
once the foundation for online marketing has been priced
out. It is now too expensive for most advertisers to
support a “convincing” campaign that motivates new consumers
to buy their product/service. Instead, the contextual
platforms allow advertisers the ability to pinpoint
consumers already interested and advertise exclusively to
those consumers. The return on investment is increasingly
higher for consumers brought to an advertiser by the
contextual model rather than from the traditional forms of
convincing campaigns.
Sam Harrelson is the Co-Editor of the Digital
Moses Confidential. He can be reached at
sam@digitalmoses.com