Online advertising is an essential form of marketing strategy in which the marketing message is conveyed to the consumers through internet. The expansion of internet as an outgoing source has attracted the attention of advertisers to bring in consumers. The various advertising strategies it involves are social media marketing, search engine marketing, email advertising, search engine optimization, affiliated marketing. The common online advertisement layouts are floating, pop up and expanding advertisement.
Creating effective Online Advertisement
- Establishing clear goals and objectives.
- Defining target segment.
- Selecting target rich websites.
- Choosing Ad placement and sizes.
Scenario of Online Advertisement marketing of India
The fastest growing ad market in the world is India with growth of spending in digital media by 38.2% reaching Rs 6000 crore. By 2020 it is expected to reach over four times its current value of about Rs 25,500 crore due to wide rollout of 4G coupled with “Digital India” initiative. 259 million users in digital space. In 2015, digital advertisement accounted for 9.9% of all ad spending. According to GroupM it will account for 12.7% in 2016.
Consumer perception regarding online advertisement
According to various research and survey it was found that more than 60% of the consumers find online ads annoying and distracting. Placement of online layout should be given proper attention as it is one of the factors that annoy a consumer. Still online advertising such as visually appearing or display ads that include information about the products quality, price etc have a significant influence on consumers, as Indian consumers, while shopping online consider “Word of Mouth” as a reliable source than other sources.
Conclusion
Internet is becoming a standard platform for advertisement. It is offering business advertisement with various media tools, global reach and interaction services. A wide range of consumers can be targeted through online advertisement. Thus to obtain maximum out of this is by understanding the target and strategizing accordingly.
Dipankar Talukdar
Batch - 2016-18
Symbiosis Institute Of Telecom Management
Symbiosis Institute Of Telecom Management
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