Online Advertising Concepts and Goals
Online Advertising Concepts and Goals
What is Online Advertising?
Online advertising is advertising on the Internet. Online advertising encompasses adverts on search engine results pages, adverts placed in emails and other ways in which advertisers use the Internet.
However, we now focus on display advertising or rich media advertising.
Whether online or off, the main objective of advertising is to increase sales. As well as this, advertising aims to increase brand awareness. Advertising is based on the simple economics of supply and demand. Advertisers aim to stimulate a consumer need and then satisfy that need.
One of the greatest benefits of online display advertising is that the messages are not restricted by geography or time. Online advertisements are also much more interactive than offline advertising. While both online and offline advertising can be disruptive, interactive online advertising can be designed to be perceived as less so.
Online display advertising began as simple hyperlinked images shown on a web site and has since progressed to include video, sound and many other modern technologies. Today, messages and interactions can be contained within the advertising display, without ever taking consumers to a landing page.
What is the Online Advertising Goals?
Advertising, whether online or offline, has a number of objectives:
Building brand awareness
Creating consumer demand
Informing consumers of the advertiser's ability to satisfy that demand
Driving response and sales
Building brand awareness
Making people aware of a brand or product is an important long-term goal for any marketer. Once customers know about the brand, the marketer has taken the first step towards gaining the customer's trust and patronage. The better known a brand is the more business they can do. And the ultimate goal is to do more business and sell more of the product.
Online, creative advertising or banner advertising is largely visual, making it an ideal channel for promoting brand collateral.
Creating consumer demand
Consumers can't want what they don't know about. Advertising needs to convince consumers about what they should want and why they should want it. Modern online advertising provides a great way to communicate the USPs (unique selling points) of a product, thereby helping stimulate demand.
Satisfying consumer demand
Once the consumer is aware of and desires a product, they need to find out how to satisfy that desire. If brand building has been effective, they will know that a particular brand exists. At this point, it is important for the marketer to show the consumer how their particular brand or product will best meet that need.
Driving response and sales
All forms of online marketing need to drive traffic and sales in the long term. However, the immediacy of online advertising also drives traffic and sales in the short and medium terms. Unlike traditional media advertising, online advertising can turn the potential customer into an actual customer right there and then. What's more, it is possible to measure accurately how effectively the online advertising campaign does this.
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