Post-Holiday Sales: Top Strategies to Boost Conversions

Welcome the commencement of after-Christmas and post-holiday sales! As the curtain falls on the joyous holiday celebrations and we find ourselves nestled on the sofa (perhaps still recovering from a delightful food coma), it's the perfect time to explore the enticing end-of-year sales offered by our beloved retailers. We’ve got even more after-Christmas CTV Trends For the Year 2024 and The Global Entertainment & Media Perspectives: Industry Review 2024 here. Don't forget to bookmark this page because exciting new campaigns may emerge anytime!

Guide on Demand Path Optimization

In 2016, the Demand-Path Optimization (DPO) concept coincided with the creation of Supply-Path Optimization (SPO) by the Advertiser Technology Group at AppNexus. Emerging market trends suggest a growing interest in DPO as publishers seek to enhance ad revenue. Regardless of the executor of DPO, the overarching objective remains consistent: to facilitate advertisers in purchasing a publisher's inventory with greater efficiency, thereby improving business performance and upholding a positive user experience. To streamline the DPO process, the IAB introduced Buyers.json, a mechanism designed to identify buyers of advertisements.

CTV Trends For the Year 2024

In 2023, the advertising industry will rise. The global advertising revenue will experience a growth from US$763.7 billion to US$952.6 billion between 2022 and 2027, indicating a 4.5% Compound Annual Growth Rate (CAGR). In 2025, advertising will be on track to become the largest category, nearly reaching a trillion-dollar market, surpassing consumer spending and internet access. This can be clearly seen in the following diagram.

The Global Entertainment & Media Perspectives

In 2022, global entertainment and media revenue grew by 5.4% to reach US$2.32 trillion. In 2023, Meta coined it 'the year of efficiency,' as major players reduced their workforce, resulting in over 168,000 job cuts in the tech sector during the first four months. Netflix cracked down on password sharing, and content spending by leading streamers, including Netflix, Apple TV+, Amazon Prime, Paramount+, Disney+, and Max, is projected to rise from US$23.2 billion in 2022 to US$26.5 billion in 2023, a 14% increase. Warner Bros. Discovery canceled films like Batgirl and closed CNN+ shortly after its launch, highlighting the industry's rapid changes. We can conclude that sluggish consumer spending is compelling companies to reevaluate their expectations and look for internal growth opportunities.

The Booming Audio Advertising Market

According to Statista, projections for the audio advertising market in 2023 are highly promising, with expected ad spending set to soar to an impressive US$38.75 billion. Traditional Radio Advertising is leading the way in this market, boasting a substantial market volume of US$28.61 billion for the same year.

Programmatic Advertising’s Role in Reshaping Travel Marketing

Crafting compelling content to enhance your brand's presence is effective only when your message reaches the intended audience. This is precisely where programmatic advertising solutions take center stage. Programmatic advertising leverages the power of machine learning to secure advertising placements across the vast expanse of the internet, ensuring that your message reaches the right users at precisely the right moment.

Navigating the Omnichannel Landscape

Programmatic omnichannel marketing is an approach that harnesses multiple marketing channels to craft a tailored customer journey across all points where your brand interacts. This strategy seamlessly integrates experiences from in-store visits, online interactions, social media engagements, email communications, text messages, and even printed materials. Statistics showed that progress is being made with the most popular digital combinations display (66%), connected TV (CTV) (61%), in-app (60%), programmatic audio (53%), and video (50%).

In-App Ad APAC Region

The Asia-Pacific area stands out as a highly vibrant and constantly evolving market within the multibillion-dollar advertising sector. After North America, this region is the world's second-largest contributor to advertising expenditure at 157 billion USD and expects 275.5 billion U.S. dollars by 2026. A number of countries in the APAC region, including but not limited to China, Japan, Australia, and Indonesia, hold prominent positions among the globe's most significant advertising markets.

Empowering Brands with The Art of DOOH Campaigns

Digital out-of-home advertising has emerged as a potent and efficient tool for agencies, elevating their advertising endeavors while captivating consumers through distinct and compelling means. In contrast to conventional static billboards and posters, DOOH strategically employs digital displays positioned in public spaces to disseminate dynamic and precisely targeted content. Among the various DOOH formats, digital billboards stand out as the most prevalent. Based on the information of Businessinsider, provided by the Outdoor Advertising Association of America, the count of digital billboards in the United States surged to 9,600 in the first half of 2020, marking a noteworthy upswing from the 6,700 recorded in 2016 – a remarkable 43.3% escalation over this relatively brief span of years.

Cracking the Code of Seasonal Sales

In the past year, we demonstrated the advantages both publishers and advertisers can gain during the Black Friday, Halloween, and Christmas Eve seasons. We offered insights on optimizing budget planning and achieving substantial revenues. Thanksgiving festivities in 2023 are closer than we can think, so we are eager to provide valuable tips for running successful ad campaigns for advertisers and generating high revenue for publishers.

Once Again, About Video Completion Rate

We have previously touched upon the topics of video completion rate and defined what the VCR is. In this article, we have reviewed projections indicating the dominance of video ads in programmatic ad spend by 2022. Fueled by platforms like TikTok and Reels, it becomes increasingly crucial to increase the presence of video ads in campaigns and comprehend influential video ad metrics, such as VCR. However, in response to numerous requests from our partners, we now aim to delve deeper into this matter, examining crucial indicators associated with this metric.

The Shifting Paradigm: APAC’s Influence on the Future of Advertising and Media

The IAB SEA+India empowers and enables the media and marketing industries to flourish in the digital economy. Its members are future-focused advertisers, publishers, brands, creative agencies, educators, and technology firms. They become part of an industry association with some of the ecosystem's most influential minds and brands. DecenterAds holds membership in the IAB SEA+India.