Digital advertising has come a long way
With over 16 million internet users in 1995, Yahoo, one of the first famous web services providers, was the first to introduce search ads. A couple of years later, Google developed AdWords and the digital advertising boom became inevitable. Attempting to be non-intrusive and at the same time efficient, by mid-2000s social media channels were outsmarting each other by coming up with innovative ways to integrate ad content. But it was only a matter of time before digital ads became less productive and more annoying.
The evolution of digital advertising is evident on Facebook where it was introduced in the form of small display ads, and eventually evolved into very specific ads targeting users according to their interests and demographics. Over the past couple of decades, like its state on Facebook, digital advertising has been dwindling between either fewer but more tailored ads or more ads in general. Unfortunately, rarely do ads reach the right person at the right time. Because digital ads are increasingly looking to ‘get noticed’, they often come across as intrusive. In fact, Modal ads, ads that reorganize content, and autoplaying video ads are among the most disliked. It’s no wonder that ads are now deemed creepy, manipulative, and misleading. Additionally, as a whole, web usability has improved over these past several years, but ad blocking has grown by 41% in just 2015.
It’s getting harder to capture the attention of audiences and engage with them using different digital advertising approaches. Several companies have already started investing in innovative advertising techniques and content-led marketing strategies. While native advertising is one of many strategies that companies are open to exploring, the future of digital advertising might just be AR and VR integrated advertising. Digital advertising is evolving faster than most companies can keep up and the industry is moving towards adopting strategies that aren’t invasive – rather immersive.
Digital advertising isn’t restricted to the traditional two-dimensional display anymore.
In the recent few years, companies have started focusing on building their brand story by providing customers with unique experiences through Augmented Reality (AR).
By integrating a virtual element to their digital advertising tactics, brand giants are not only captivating the attention of a wide range of consumers – from kids and millennials to baby boomers – but also allowing its audience to view a richer, more detailed advertisement, making it possible for customers to virtually experience products – something that was never possible before.
Bringing in experiential interactions with its customers, AR is changing the way customers engage with brands.
While we’re on the topic of immersive storytelling medium, Virtual Reality (VR) deserves more than a mention. The reason VR is a more engaging, immersive approach than AR is because it makes users feel like they’re really somewhere else. Since digital advertising is all about grabbing its target audiences’ attention, virtual reality is a winner. On the other hand, advertisers are still experimenting with this new technology. Even though a recent study revealed that 74% consumers find VR ads less intrusive than other digital ad types, it might only be a matter of time that VR turns into another unwanted digital advertising technique. Another reason for delay among advertisers to adopt VR into their digital advertising strategies is the significant investment required to create a VR campaign.
It’s true that most companies are still spending hundreds of thousands of dollars in content creation and conventional display ads – reluctant to experiment with AR and VR. There is still a lot to learn from several AR and VR integrated advertising campaigns produced by brand giants and advertisers are catching up. Very soon, digital advertising will be synonymous with immersive technology that opens up a branded world for its customers to explore and manipulate.