#IABSummit19: Gareth Lloyd to speak on going beyond the click
24.com recently carried out a mobile study showing the power of mobile digital advertising in detail not shown before by existing campaign and performance measurements. Traditionally, campaign performance in digital is measured by focusing on reach (awareness) and conversion (purchase) related activities, with attention being paid to clicks (CTR). This study shows the more holistic value add that mobile digital advertising provides that extends beyond the immediate measurement of clicks and conversions. A novel technological solution is used to measure these more holistic effects, showcasing the innovative and transformative power of digital.
Lloyd’s presentation will share insights about how different modes of advertising (video, rich media, still images) should be used with different campaign objectives, and how messaging type can produce different brand lift effects.
As a researcher, I’m really looking forward to understanding what burning business questions various groups within the industry have. We add these onto our long list of interesting things to research.
Most importantly, however, the talk intends to show the greater holistic value that mobile digital advertising provides over and above simple clicks on ad units. By using new and novel digital solutions, we are able to show the broader value provided by digital publishers, hopefully shifting people’s thinking about digital advertising beyond simple short-term, performance-based outcomes.
The talk aims at quantifying and showcasing the value of digital mobile advertising. Mobile advertising is still relatively new and we need to get a better understanding of how it works using well-established marketing frameworks.
24.com is Africa’s largest digital publisher and hosts some of South Africa’s most commonly visited websites such as News24, Sport24, Fin24, Netwerk24 etc. My role is to primarily manage, organise and provide insights into the data we collate. The objective is to improve the quality and performance of digital advertising, journalism and overall customer experience.
CTR and its relation to brand uplift will be examined.
The audience should take away a few quick guides on what mobile ad units to use when running campaigns with specific or a range of objectives, as well as have a better understanding of how targeting produces different effects and how.
The audience should get a good understanding of new metrics that measure campaign performance so that digital marketers are more able to show a more comprehensive picture of the value that they add for brands.
The publishing industry has placed considerable emphasis on digital transformation and in comparison to many other industries in South Africa, it is more advanced and mature.The biggest challenge the digital publishing industry faces is to adapt and refine its underlying business model. Many well-known publishers abroad are realising the limitations of relying predominantly on advertising as a revenue stream. As a result, digital publishers that produce trustworthy, quality content at scale are required to look to alternative revenue streams. The optimal business model is still very much a work in progress.
Book your ticket here or to learn more about Gareth Lloyd, the study, the programme, event sponsors and the lineup of the day, visit the event website and remember, IAB members get a discount! The 5th Annual IAB Summit19 is brought to you by DStv Media, Accenture Interactive and partners: Newsclip, G-Star, Media 24, Tiso Black Star, Business Live, The South African, Spark Media, Adjoin, Social Lab and Bizcommunity.