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Media Entertainment Tech Outlook | Wednesday, December 11, 2019
Streaming solutions offer a safe and profitable platform for digital advertisements accompanied by massive customer engagement.
FREMONT, CA: Amidst a massive industrial transformation, several business aspects are transforming at a rapid pace. Digital advertising is one such aspect that is getting influenced by the transformations in the industry. Advertisers are eyeing the platforms that promise maximum customer engagement. Digital streaming is the current trend that looks promising when it comes to digital advertisements. According to a report, streaming audio reaches 43 percent of adults. However, streaming solutions offer the advertisers a unique platform, which might drastically differ from the conventional modes of advertisement.
Streaming solutions utilize artificial intelligence (AI)-based algorithms to analyze user behaviors and interests. Such insights can offer a significant advantage to digital advertisers in connecting with potential consumers. Here are some of the ways in which streaming solutions can aid digital advertisement efforts.
Connecting with the consumers
As mentioned before, streaming solutions offer a platform for digital advertisers to connect with consumers on a personal level. For instance, millions of songs and hundreds of active podcasts offered via streaming platforms enable users to listen to their favorite channels and artists. In return, streaming brands collect invaluable user insights to offer ultra-personalized content to the users. Digital advertisers can utilize the user insights extracted by the streaming platforms to advertise products and services that are relevant to an individual customer.
Providing Safe and Profitable Environment
A recent study says that 78 percent of the brand marketers admitted that they were negatively affected by unwanted associations as well as objectionable content. Combining first-party data and third-party research, streaming channels can devise media plans that maximize ad revenues while offering a safe environment.
Customized Solutions and Research
Modern advertisers are looking for flexibility and the capability to hyper-target their messaging services. Streaming services can connect with almost every genre of the audience, thereby offering an opportunity to the digital advertisers to target and market their products via streaming platforms. Relevant ads that match the streaming content are more likely to appeal to the users.
Digital advertisers are pushing their marketing strategies to adapt and utilize the immense capability of streaming platforms to connect with the audiences.
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