Advanced programmatic advertising: Fueling small business growth with scalable solutions

The landscape of programmatic advertising underwent a significant transformation following the deprecation of cookies, writes Vishal Singh, Country Head – India, Xapads Media.

By  Storyboard18May 23, 2024 9:23 AM
Advanced programmatic advertising: Fueling small business growth with scalable solutions
Accodring to Vishal Singh, country head, Xapads, by leveraging sophisticated algorithms and vast datasets, brands can easily enhance their reach, engagement, conversion rates, and customer retention today and ultimately achieve their desired brand objectives.

In recent years, India has consistently ranked among the top countries in terms of ad spending and significantly contributed to the growth of the advertising industry in the country. Meanwhile, programmatic advertising emerged as a promising platform for brand expansion, with projections indicating an increase in its adoption in the coming years and reaching an estimated market share of 45 percent by 2025 (Statista). This shift is attributed to the enhanced flexibility, control over creative content, and optimization capabilities offered to advertisers through this channel. For smaller brands, this presents a compelling opportunity to expand their reach, cultivate a broader audience, and gain a competitive advantage in the market with their limited resources. Also, thanks to the continued advancements in the programmatic realm, today brands can tailor their narratives to align with current trends in real-time and effectively navigate the dynamic marketplace.

How cutting-edge programmatic advances unlock exponential brand growth

By leveraging sophisticated algorithms and vast datasets, brands can easily enhance their reach, engagement, conversion rates, and customer retention today and ultimately achieve their desired brand objectives. For this, the channel offers parameters effective against unseen market curves owing to their adaptive and predictive capabilities.

Cookie Phase-Out: The landscape of programmatic advertising underwent a significant transformation following the deprecation of cookies. The removal of third-party data for user tracking prompted a paradigm shift towards privacy-centric approaches, including a surge in contextual advertising and greater utilization of first-party data obtained directly from users with their consent. Further, enabling more effective audience engagement with hyper-personalized advertising that resonates with users on a context and content level, all while upholding consumer privacy.

Enhanced Precision Targeting: Enhanced Precision Targeting: The ad tech market is experiencing a surging demand for mobile-first approaches, growing at a CAGR of over 16.87% due to its expanding user base. This is a golden opportunity for brands to uplift their performance with engaging, programmatically redefined rich media ads that ensure maximum user interactions and bring in new audiences. Likewise, by utilizing programmatic A/B testing, they can identify the best-performing ad placements and achieve greater outcomes across inventory in every campaign. This approach proves to be a game changer for small brands by helping them connect with the right audiences, enhancing brand reach and impact.

Quality Content: With a powerful ad stack programmatic ad platforms leverage small-scale brands with a simple, single-platform solution to enhance their awareness and spur growth. By providing access to premium global inventories across various channels such as OEM, desktop, mobile, apps, video, and OTT, it gives them the needed assistance and push for scalability. In addition, the improved ad quality helps foster a stronger impression for consumers, leading to increased recall and retention. Furthermore, programmatic platforms offer brands complete transparency in campaign management and enhancing ad performance in real time.

Seamless Omnichannel Media Buying: Brands get to enjoy flexible omnichannel media buying and reach their target audiences at the convenience of their most in-use digital channel. Here, the diverse buying models and a wide range of creative choices deliver invaluable help to brands and result in precise campaign optimization that aligns with brand objectives. For example, a consumer planning his summer vacation and browsing travel content on social media can be seamlessly targeted by travel agencies, luggage brands and fashion brands with a programmatic omnichannel approach. Advertisers can track and engage this viewer across devices with tailored ads using different creatives and persuade a conversion.

Enhanced Mobile Engagement: The ad tech market is experiencing a surging demand for mobile-first approaches, growing at a CAGR of over 16.87 percent due to its expanding user base. This is a golden opportunity for brands to uplift their performance with engaging, programmatically redefined rich media ads that ensure maximum user interactions and bring in new audiences. Likewise, by utilizing programmatic A/B testing, they can identify the best-performing ad placements and achieve greater brand outcomes across inventory in every campaign. That too is in a secure and trustworthy advertising environment that ensures seamless operations of ad campaigns for brands with the help of advanced ad fraud prevention tools.

Hence, programmatic advertising can significantly improve the presence and performance of small brands in the competitive market by delivering tailored targeting, creative optimization, and transparent performance tracking. By utilizing these programmatic tools and platforms, small businesses can develop compelling narratives, engage with their audience, and stimulate growth, thereby taking their businesses to new levels of success. So, it can be said that programmatic advertising goes beyond simply purchasing ad space and is about crafting narratives, establishing connections, and fostering sustainable growth in today's competitive business landscape.

The author of the article is Vishal Singh, Country Head – India, Xapads Media. Views expressed are personal.

First Published on May 23, 2024 9:23 AM

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