Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Media & Entertainment Tech Outlook
THANK YOU FOR SUBSCRIBING
Media Entertainment Tech Outlook | Tuesday, October 05, 2021
Conversational AI-driven commercials are unique in that they enable marketers to navigate the story for superior targeting quickly.
FREMONT, CA: Video advertising is becoming a significant driver of revenue for advertisers because they have reinvented storytelling for a new generation of consumers. Demand for video content has surged 54 percent in the previous few years due to the growing popularity of various social video platforms and video-sharing websites. As a result, new video ad serving technology has been developed.
Advertisers now have new ways to reach their target audiences thanks to the advent of OTT and CTV viewing, which combine the force of television with the precision of digital technologies. Mordor Intelligence estimates that the over-the-top (OTT) video market will reach $223.07 billion by 2026.
In video advertising, AI technologies aim to assist advertisers in overcoming the challenge of catching potential customers' attention. Clustering and pattern matching are used to identify new clients, hyper-personalization is used to tailor messages, and pattern recognition is used to determine the optimal timing and mode of contact. Conversational marketing is one such profitable individualized artificial intelligence option. This method can help advertisers establish personal ties with their clients, strengthen their connection to the brand, and create a more positive shopping experience.
Conversational AI-powered commercials are unique in that they enable marketers to navigate the story for superior targeting efficiently. Additionally, to be a cost-effective solution, conversational AI assists organizations in lead and demand generation and customer service. Conversational advertising, often referred to as interactive advertising, enables businesses to establish instant, personal, and in-the-moment connections with clients at the top of the sales funnel. Advertisers can then target individual leads, increasing the possibility of conversion. High-quality, dynamic product images increase trust, engagement, and ultimately income, making 3D marketing an attractive option for e-commerce.
The Advantages of Video Advertising for Advertisers
Establishes brand recognition and consumer trust: Consumers are persuaded to visit a specific website and make a purchase using video adverts. As a result, keeping the video advertisement brief, engaging, and straightforward is vital. According to Statista, video accounts for 90 percent of web consumption. As the number of digital video viewers grows year after year, marketers are more enthusiastic than ever about using video as a promotional tool. Having the perfect message and delivering it engagingly can assist in striking the proper balance between promoting and satisfying clients' curiosity about the brand.
Conversion rates are increased: Advertisers can utilize video advertisements to increase audience engagement and ad clicks. Video marketing is a highly effective method of generating and converting sales leads. As a result of video commercials, consumers are persuaded to visit a specific website and make a purchase. As a result, the video advertisement must be brief, compelling, and direct. To continue the brand story and convert an ad click into a transaction, it is recommended that all video ads connect to appropriate, customized post-click landing pages.
Because video is both instructive and entertaining, it has quickly overtaken all other forms of media in terms of consumer usage. Video adverts provide 20 percent more clicks than image advertisements, resulting in higher traffic due to the increased click-through rate (CTR). When traffic comes on a website, users spend 5X as much time watching videos as they see static graphics. As a result, using videos on landing pages increases conversions by 86%.
See Also : Business Continuity Companies
Read Also
Copyright © 2025 Media and Entertainment Tech Outlook. All rights reserved | Sitemap | About Us