Results tagged “Brand” from IABlog

If you believe digital display advertising is dead, you’ve misunderstood the Internet. It is in fact, alive and well. It has evolved and consistently grown over time. 

Here are 10 facts about banner advertising that may surprise you:

1. Display/Banner ad revenues grew to $3.6 billion in HY 2012, up 11% from HY 2011. (IAB/PwC)

2. 80% of brand marketers increased their display ad budgets or kept at same level in 2012. (Digiday/Vizu)

3. Banner ad spending will rise from $8.68 billion in 2012 to $11.29 billion in 2016. (eMarketer)

4. Banner ads are 1.5x more effective in raising product awareness to consumers than direct mail. (Nielsen)

5. Nearly 6 trillion display ad impressions were delivered across the web in 2012. (comScore)

6. 75% of users remember the brand after viewing an online banner ad. (Dynamic Logic MarketNorms database /Millward Brown Digital)

7. Clicks don’t matter anymore. Online advertisers are embracing a viewable impressions standard that helps brands make sure their ads are seen by publishers. (Making Measurement Make Sense).

8. The new IAB Standard Ad Portfolio is 70% new. The 468x60 display banner and 10 other units have actually been retired since 2011. (IAB)

9. The new display ad units are effective. Users are 2.5x more likely to interact with a Rising Stars display ad unit than a legacy IAB ad unit and spend 2x as much time interacting with the ad. (IAB / IPG MediaLab/Moat)

10. The Rising Stars display formats have already been adopted on 5 continents and in more than 35 countries. (IAB)

The digital world is changing, led by IAB — in innovative brand and measurement units fit for the ecosystem we now live in: a new, cross screen, interactive display reality.

About the Author

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 Peter Minnium

 As the Head of Brand Initiatives at IAB, Peter Minnium leads a series of initiatives designed to address the under-representation of creative brand advertising online. He can be reached on Twitter @PeterMinnium.

The IAB Rising Stars: Study Findings and Industry Recommendations

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The introduction of the new IAB Rising Stars (RS) - Billboard, Filmstrip, Portrait, Pushdown, Sidekick and Slider - in 2011 ushered in a new era in standard, brand-building display units. The larger, interactive palettes are an ideal vehicle for digital brand advertising at scale.

 

On the occasion of their two-year anniversary, Undertone surveyed its clients - brands and agencies - as well as publisher partners on key questions reltaed to awareness, sentiment, challenges and metrics. Our goal was to both gain a better understanding as well as create some actionable next steps for the industry to drive adoption of RS.

Key findings:

RS have high awareness with agencies: Over two thirds (69%) of agency respondents were aware of RS compared with 31% on the brand side.

Agency optimism is high: And of those agencies that were familiar with RS, 73% stated that they were either somewhat or very likely to use them again in 2013.

RS drive results: only 2% of agency respondents who ran RS campaigns in 2012 plan to decrease spend on the units in 2013. And performance was the highest ranked evaluation criteria for both brands and agencies.

There are common barriers to entry: for agencies with larger budgets ($10 million and above), concerns over distribution were the key barrier to entry. For agencies with smaller budgets, cost was a factor. For publishers, site design issues and concerns over demand were key issues.

Pushdown and Billboard are the stars amongst Stars: Pushdown was far and away the most adopted format by agencies, brands and publishers in 2012. Billboard was second.

What does this mean?

While RS are off to a great start, there are two clear takeaways for all of us in the industry who believe in their ability to drive value for brands:

Focus on education: publishers, vendors and agencies should spend time educating brands on RS and their value. In addition, more work should be done to understand which units are appropriate for different campaign goals.

Eliminate the gaps: there is a catch-22 situation happening with RS on the buy- and sell-side. Larger agencies are concerned about their ability to gain distribution, while publishers are concerned about lack of demand (and thus hesitant to do the needed website development to accept RS). More prevalence in agency RFPs could give the sell-side the confidence they need.

At the 2013 IAB Annual Leadership Meeting, Randall Rothenberg asked all in attendance to commit to supporting digital brand advertising. IAB Rising Stars are a fantastic place to start. For the full IAB Rising Stars Study, please go to http://www.undertone.com/risingstars/.

About the Author
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Eric Franchi



Eric Franchi is a Co-Founder of Undertone. He is responsible for the company’s thought leadership and media relations. He can be reached on Twitter @EricFranchi

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