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What is programmatic advertising?

10/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Programmatic advertising is a method of digital marketing in which the purchase of advertising space is automated and carried out in real time, rather than being manually negotiated between advertisers and publishers. This type of advertising uses data, algorithms and technology to optimise ad placements on websites and in apps. In essence, programmatic advertising automates the process of buying and placing ads to increase efficiency and improve targeting.

Here are some key components and features of programmatic advertising:

Real-time Bidding (RTB): With RTB, advertising space is auctioned in real time. Advertisers bid on ad space, which is sold to the highest bidder in a fraction of a second.

Targeting and personalisation: Programmatic advertising allows ads to be targeted to specific audiences based on various data, including demographic information, behavioural patterns and interests.

Automation: Ad booking, placement and delivery are largely automated. This saves time and resources compared to manual booking.

Data analysis.

Data analytics: Large amounts of data are used to analyse and optimise the success of ad campaigns. This can help to continuously improve ad performance.

Programmatic Advertising Ecosystem: This includes advertisers, agencies, demand-side platforms (DSPs), supply-side platforms (SSPs) and data management platforms (DMPs), all of which interact with each other to enable programmatic campaigns.

Programmatic advertising has the advantage of increasing the efficiency of advertising campaigns, improving targeting and optimising the cost per click or impression. It also enables faster adaptation to changing market situations and better use of advertising budgets. However, using programmatic advertising also requires an understanding of the technology and the ability to effectively analyse and interpret data.

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What is advertising language?

10/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Advertising language refers to the specific way in which advertisers formulate texts, slogans and messages to promote products, services or brands and arouse the interest of the target group. Advertising language aims to persuade the audience to take a desired action, be it buying a product, signing up for a service or developing a positive attitude towards the brand. Here are some distinctive features of advertising language:

Slogans and catchphrases: Advertising often uses pithy and easily remembered slogans or catchphrases that grab attention and convey a brand message. These are often creative and catchy to be remembered.

Convincing language: Advertisers use persuasive techniques to convince the audience. These include the use of superlatives (e.g. "the best product ever"), emotional appeals and argumentation techniques to address needs or wants of the target audience.

Call-to-action: Advertisements often contain clear calls to action that ask the target group to act immediately, such as "Buy now!", "Register today!" or "Call us!"

Positive image and emotions: Advertising often tries to create positive emotions such as joy, happiness, self-confidence or fear of loss. It can tell stories that convey a certain attitude towards life or a certain identity.

Simplification: Advertising language tends to simplify and dramatise things to convey a clear and simple message. Complex information is often reduced to its essentials.

Use of figurative language: Images and visual elements play an important role in advertising language. They complement and reinforce the written messages.

Targeting: Advertisers adapt the language, tone and messages to the specific target group. Communication can vary greatly depending on the product, service and target audience.

Repetition: Advertising language often uses repeated elements or messages to promote brand recognition and embed the message in memory.

Artistic expression: In some forms of advertising, such as TV commercials or ads, artistic creativity and visual representation are heavily emphasised to capture the attention of the target audience.

Advertising language is designed to create an emotional connection between the audience and the advertised product or brand. It uses various psychological and rhetorical techniques to attract attention and create a positive perception. The effectiveness of advertising language can depend heavily on the target audience, the context and the creative execution.

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How does public relations differ from advertising?

09/18/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Public relations (PR) and advertising are two separate disciplines of communication that have different goals and approaches. Here are the key differences between public relations and advertising:

Objective: Advertising has the primary objective of promoting products, services or brands and increasing sales or awareness. Public relations, on the other hand, focuses on building and maintaining a positive relationship between an organization and its target audiences, including the public, media, and other stakeholders.

Control over the message: in advertising, the sender has full control over the message being conveyed. The advertising message is developed and targeted by the company. With public relations, on the other hand, the sender can influence the message but cannot fully control it. The media and the public have some say in how the PR message is interpreted and disseminated.

Trustworthiness: advertising is often perceived as a commercial message and may be viewed as less credible by the target audience. Public relations, on the other hand, aims to build credibility by presenting information and stories in a way that is relevant and interesting to the public.

Cost: Advertising often requires significant financial resources, as companies must pay to place ads or commercials. Public relations are usually more cost-effective, as they aim to generate positive coverage through targeted media relations and relationship management.

Control over placement: advertising can be placed selectively, whether in print media, television, online platforms or other channels. With public relations, on the other hand, the decision about where to place the message rests largely with the media and journalists. The PR message may appear in articles, interviews or other editorial content.

Although public relations and advertising have different approaches, they can also work together to strengthen a company's overall communications strategy. Often, the goal is integrated communications, where PR and advertising are aligned to deliver a consistent and effective message to the target audience.

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Generating media interest - More media presence with a small budget

09/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Use free social media - Be active on various platforms to reach your audience. Post content regularly and use hashtags to reach your audience.

2. Be creative and think about low-cost advertising options - Print flyers and distribute them in your neighborhood or create a unique campaign that puts your brand in the spotlight.

3. Create a website - A professional website is a cost-effective way to showcase your business. You can post your content, images and videos on it to attract your audience.

4. Create sweepstakes - Sweepstakes are a cost-effective way to attract attention and reach your audience. Remember that the prize of your campaign must be relevant and attractive to your audience.

5. Organize events - Events are a great way to attract more attention to your business. Plan events that will engage your audience and use them to tell more about your business.

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Advertising psychology - How to convince your potential customers to make a purchase decision

09/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Offer a solution to a problem: If you want to convince your potential customers, you need to offer them a solution to a specific problem. For example, this can be a product that solves a specific problem or a service that saves them time and money. By understanding the problems and needs of your target audience, you can create a product or service that offers them real value.

2. Convey trust: Customers need to feel confident that they are supporting a high-quality and trustworthy brand. Convey to your potential customers that you stand for quality and service. Be transparent and offer guarantees to make your customers feel secure.

3. Create an emotional connection: customers need to make an emotional connection with your product or brand. Try to understand the emotional needs of your target audience and address them directly. Tell a story that resonates with your customers and appeals to them.

4. Use social proof: social proof is a very effective way to convince potential customers. When customers see other people buying and using your product, they will be more willing to purchase it. Show your potential customers reviews, testimonials and success stories to strengthen social proof.

5. Focus on the benefits: Remember to focus on the benefits of your product or service instead of focusing on the features. Explain to your customers how they can benefit from your product or service.

6. Make an offer: If you make an attractive offer, potential customers will be more willing to make a purchase decision. Think about special offers, discounts, gifts and other perks to incentivize your customers.

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