With this in mind, what are some tips that you as an advertiser can incorporate into your digital media strategy to take full advantage of Black Friday and Cyber Monday traffic?
1. Press “Play” on Video Ads (if you haven’t already).
Digital video is climbing rapidly on the charts and ad spend is expected to reach nearly $ 18 billion by 2018. Facebook, Twitter and Instagram have been
2. Leverage New Ad Products.
There are new ad capabilities for social advertising such as Facebook’s the Audience Network which was created to extend campaigns into 3rd party mobile apps, and Multi-Product Ads, which allow advertisers to promote three different products (each with its own image and click target) in the same ad. Twitter launched a test of its Buy Button, with more advertisers ‘coming soon,’ added more robust ad units to its suite of Twitter Cards, and also updated the Twitter Amplify program to include in-line video. It is encouraged you to refresh your Facebook and Twitter campaigns to include as many new features as possible.
Mobile marketing is a driving force in the digital advertising landscape today. It is projected that more than 70% will be of digital ad spending in 2018. Recent Pew data shows that almost 60 % of US adults own a smartphone and that incoraporating more mobile placement in your digital campaigns. Consumers rarely leave without their phone, so whether they are shopping or at home, make sure they can be reached on Black Friday and Cyber Monday. Wherever they are, make sure to allot a few extra dollars to mobile ads for the holidas.
4. Don’t Neglect the Millennials, Either.
Millennials are also likely to spend more money this year. Create targeting groups during the holidays aimed at reaching specific segments: 48% of adults 18-24 and 43% of adults 25-34 expect to spend more. This highly targeted approach can then tailor your content so it resonates strongly with each group. Test the performance of your targeting and content to see where you should be doubling down your ad spend.