Digital Advertising Flashcards
Decision-making process
- Need/problem recognition
- Information search
- Evaluation of alternatives
- Purchase decision
- Post-purchase behaviour
Marketing funnel
- Awareness
- Consideration
- Comparison
- Purchase
- Recommend
Display ads are used to create awareness, search ads are used to make the consumer buy the product.
Matching ads to buyers
Real-time bidding
When a user accesses a website the ad space on this site is offered for bidding. Based on the available information about the user algorithms will make bids inside the constraints of their clients (companies).
Cookie matching
- Doubleclick runs auction and provides google_user_id to auction winner
- Doubleclick sets a cookie in the browser of the user
- Auction winner sets cookie as well
- When the user enters a different website, Doubleclick can identify the user and provide the user id to the bidders
- Bidder matches user id to own cookie and bits
Search ads: Auctions
Google will calculate the score of a bid:
Score = quality of bidder * bid
The bidder will pay a price relative to its competition:
CPC = (qualityx * bidx) / qualitycompetition
Good Ads - BLASTR
Brand linkage:
- Very clear what the ad is for
Legs:
- Allows advertiser to continue using it, build a story around it
Attention-grabbing:
Stickiness
Transmission –> clear massage
Resistance-lowering –> does not fuel intrusive
The elaboration likelihood model
Social Media
How is it different?
Social media = Engagement
Example of Dove: “Campaign for real beauty”
The difference: React to and engage with the public, in real-time
What spreads?
The message needs to reach a place where it is being spread to a bigger network.