CES 2021 – The Digital Advertising Takeaways

CES went digital this year, but it didn’t disappoint. Along with our 2021 predictions, here are some digital advertising trends to consider as the new year kicks into gear.

TV Declines & CTV Evolves

The decline of the TV upfront is permanent. 33% less spend was planned in 2020, a digital advertising trend that is set to continue.  Networks and broadcasters are looking to bring together multi-screen TV inventory under one roof. This will help them improve their offerings and cushion their bottom line. NBCU’s One Platform product is a good example.

Brand Suitability + Social Responsibility

“The inevitable future of digital advertising will enable brands to programmatically define what kind of programming they want to be associated with” according to Marc Pritchard, P&G’s Chief Brand Officer. 

2020 caused many brands to think about where their ads run and what they say. Pritchard said P&G plans to focus on transparency, brand suitability and brand safety. The goal? To “evaluate every single aspect of our media ecosystem and make sure that our ads are showing up in a place that is safe.”

Marketing Effectiveness

Slimmer budgets in 2020 and a slightly uncertain start to the year is causing marketers to seek out digital advertising channels with solid measurement. 

“Nearly every advertiser in the world is more deliberate about the choices that they make,” said Jeff Green, CEO of The Trade Desk. On platforms like YouTube, where brands often waste up to 30% of their spend on contextually misaligned ads, brands will be getting more deliberate about their digital marketing spend in 2021.

Retail Revolution

Curbside pick-up and home delivery have become a critical piece of companies’ logistics puzzles. The pandemic has normalized new retail realities, with brands such as Best Buy and Burger King revealing plans for stores which focus on digital fulfillment. They also plan to reserve physical shelf-space primarily for best-selling products for the in-person shopper.

Contactless but still Human

Brands definitely need to provide contactless options across all channels. However, once the lockdowns relax, marketers will need to account for human interaction to maintain customer relationships and loyalty. 

The key is striking the right balance. “Brands will need to find the balance between touchless while providing some human touch when it comes to servicing. And those that do this will emerge as the winners,” said Mastercard’s Cheryl Guerin, Worldwide EVP, North America Marketing and Communications.

Revenge Spending

Even though spending on indulgences has soared, people are saving up their money for when things return to normal. As a result, purchase intent is growing – and not just for obvious no-go areas such as travel.

“There’s pent-up demand that’s going to lead to increased spending across many categories, electronics, clothing, technology, luxury goods, cars and even home renovations to create more space. And over half of people in the survey are looking to buy something that’s just for them to treat themselves”, says Guerin again

The Digital Marketing Calendar

COVID dropped us into a bit of a twilight zone. Delayed seasonal celebrations and fewer holiday markers, such a retail window dressing, upended the traditional seasonal digital advertising calendar.

“The implication is don’t think in conventional timelines,” said Harris Poll CEO, John Gerzema. In response, marketers will need to be agile to adapt and respond to things as they are happening rather than relying on the usual way of planning.

The Self-Improvement Boom

Self care has shifted front and center for many. Whether gifting more often, up-skilling and learning, getting fit at home, this is a big opportunity for marketers.

On YouTube, TV screen watch time of videos related to well-being, including yoga, fitness, and meditation, has increased more than 180% from July 2019 to July 2020.

And the same is true of learning: watch time on TV screens of videos related to learning more than doubled between July 2019 and July 2020. Cooking tutorials were one of the most popular learning categories.

What IS Entertainment?

Social media and TikTok specifically are further blurring the line between traditional entertainment and the content appearing on social media platforms.

As TV viewership dips, and more people flock to social video channels, everything from snackable entertainment to appointment viewing will be increasingly driven by user-generated content.

eSports

Once an outlier, eSports is a force to be reckoned with and a lot of growth in the industry is expected this year. 

Up until now, eSports leagues have been light on their sponsorship and digital advertising strategies. That’s likely to change. Everything from custom player-activated ads to embedding marketers’ messages directly into the games via platforms like Bidstack will increase. YouTube’s will be giving viewers the ability to shop items featured in videos directly from the platform. That’s likely to encourage brands to look at their influencer marketing budget with renewed enthusiasm.


Sources

1,2: YouTube Internal Data, Global, July 2019–July 2020.

Top Ten Predictions for Digital Video Advertising in 2021

2020 was a year of change, including changes in how people consume content, prompting soul searching and updates from the biggest brands. Think about Coca-Cola pulling out of social media for a time, until they ultimately recalibrated and invested in a more conscious way after months of internal review of how to ensure their values and investment strategies matched.  As 2021 gets underway, we compiled the top 10 digital video advertising market trends to keep an eye on.

1. Cookies Continue to Crumble

A driving force behind the last 20 years of ad revenue growth, the cookie will continue to use its lustre as Google implements changes to Chrome, following other browsers like Mozilla and Safari, and eliminating cookies by 2022.  The voice of the consumer will drive brands to shift their focus to contextual, which uses content as a more effective proxy of consumer interest (eg. Peloton may choose to run ads against workouts or health and wellness channels).

2. Data Ethics

The infamous rise of conspiracy theories and fake news have raised awareness of how data and technology can be used to create a more inclusive, diverse, and truth seeking digital world. Platforms will be forced to take ever more clear cut positions on what types of content they allow on their platforms, as well as how their algorithms promote this often viral content (eg. Android & IOS banning Parlor).

3. Contextual Grows in Maturity

Aided by the cookie’s disappearance, contextual targeting will grow in both importance and in maturity. Contextual targeting helps brands target content specifically aligned with their message and ethos. 

Research by Channel Factory has shown that ads running on content that is aligned with the ad (like M&M with M&M unboxing videos) drives up to 93% better recall than audience targeting-only tactics

4. Brand Safety, Customized

Brand safety has emerged as a primary KPI in most brand’s media plans and the cost of oversight is clear. GroupM’s 2020 survey of 14,000 consumers found that 64% develop a negative view of a brand when its ads appear next to inappropriate content.

The next evolution of brand safety lies in its customization to the brand’s unique image, message, and markets.  Brands will look to providers to help navigate platforms with high volume and velocity through the lens of their specific brand image and values.

5. More Responsible Media Buying

“Brands are thinking about media investment in terms of their corporate social responsibility and are trying to reflect ethical, value-based decisions about what’s positive and good for society in their media buying” says Joshua Lowcock, Chief Digital & Innovation Officer at UM Worldwide. 

In a 2018 Conscious Consumer Spending index, on a scale of 1-10, most consumers ranked themselves 7 or 8 in terms of their social consciousness when shopping, and that number is only going to grow. 2020 prompted corporate reflection on systemic inequality across the societal spectrum, and brands are beginning to include both creative messaging as well as media investment to reflect their corporate values.

6. Focus on Performance Efficiency

A perfect storm of factors has put performance efficiency – price and ROI – front and center for brands: the economic contraction, pressure on businesses to digitize their retail capabilities in light of reduced offline shopping behaviors, and the growing number of lower funnel products appearing to cater to such models such as YouTube for Shopping.  

As contextual targeting and customized brand safety techniques improve, brands are beginning to see how as much as 30% of their impressions have historically run on content that’s either irrelevant or unsuitable. In 2021, brands will be looking to maximize  their effective reach and increase what many are coming to call their qCPM, or quality CPM, which is the actual cost to their business of running on content that aligned with their brand.

7. News is Back on the Menu

The incessant stream of bad news in 2020 caused many brands to scale back their media spending on the category. 

However, in a survey released by the Trustworthy Accountability Group in December, 40% of consumers said all news content should be appropriate for ads. IAB research released in October also found 84% of consumers feel advertising within the news increases or maintains brand trust.  While consumers are divided around advertising on certain stories – involving violence, death, policy, societal changes – in 2021, brands will be on the lookout for a more curated approach to the news as the medium continues to pull in users transfixed by the 24 hours news cycle. 

8. Audio-Driven Advertising 

Audio has never been hotter. Audio streaming increased 32% in 2020, with households upping their daily listening by an average of 54 minutes. Whether multi-tasking, jogging, or beginning to commute again, brands will be looking for ways to maximize audio-consumption as an advertising medium with its own creative best practices

Consumers spend more time on YouTube streaming music and podcasts than on any other digital platform. And YouTube just unveiled its new audio ad unit, and early tests show promise: Shutterfly drove above benchmark lifts of 14 percent lift in ad recall and 2 percent lift in favorability among their target audience.

YouTube Holiday Season Data

(YouTube Holiday Season Data Reprinted from the original, in AdWeek here)

The 2020 holidays are missing their usual cheer as people scramble to adapt traditions and email their Christmas lists to Santa so he can browse the web for the best deals.

Almost three-quarters of shoppers polled in Channel Factory’s holiday season survey said they will take to the internet to find gifts for loved ones this year, with more than 30% starting their shopping earlier than usual (even as far back as October). Only half said they expect to spend as much as in previous years.

“In crises, decades happen in days, and nowhere has a trend been more amplified than in ecommerce, where in September alone we saw a 43% lift in online sales from the prior year,” said Channel Factory SVP, Global Marketing, Lauren Douglass.

Shoppers are also leaning on connected TV like YouTube to find products, with 40% saying they discovered something new to buy through ads on the video platform. One in three people are actively seeking out YouTube for gift ideas (as well as home decor inspiration), and 32% attributed a holiday gift choice to YouTube.

Click to enlarge our Holiday Season Data image:

How to Create a Positive Brand Image & Build Brand Recognition [4 Tips]

 

As a small or new business, creating a positive brand image and achieving brand recognition can seem like an impossible task. After all, there are so many different companies that are all competing for the same space and consumers — how can you possibly set yourself apart when it seems like you’re starting from scratch? 

We understand that this might seem like a daunting task — but it doesn’t have to be. You’ve done the work and created products and a brand that you’re proud of. Now it’s time to show that off to the world by focusing on building a strong brand image and gaining recognition. 

What is Brand Recognition?

Before we really dive into how to create dominant brand recognition, we need to first cover what this term really means. Brand recognition refers to consumers recognizing and remembering your business. 

When consumers recognize your brand, logo, messaging, products, etc. it bodes well for your business. Basically, you’re trying to create brand recognition and a solid customer base. 

Why Do You Need Dominant Brand Recognition?

Why is dominant brand recognition so important? Well, for starters, consumers are unlikely to buy products from companies that they have never heard of before and know nothing about. 

Instead, by increasing your brand recognition and brand awareness, consumers are able to learn more about you and your products to make them feel more confident about making a purchase. With so much competition out there, this is one area where you can really set yourself apart by showing consumers what you’re all about before they make a purchase. 

Of course, brand recognition isn’t something that can happen overnight and it can be difficult to measure and achieve if you’re not following a tailored brand strategy. 

The good news is that establishing dominant brand recognition is very possible with the right market research, strategy, and effort, and Channel Factory is here to help. We are advertising experts and are able to help build a strong brand image by helping you place the right content in the right places with the right viewers. From there, you can rest assured that your brand awareness is on the rise and will eventually help you convert more sales as a result. 

In addition to working with us here at Channel Factory, here are four tips that you can use to create dominant brand recognition:

1. Build Partnerships

The first thing that you need to do in order to create dominant brand recognition is to build partnerships. If you’re a new company or brand looking to get your name out there, then you can easily partner with more established brands to do that. These brands are already established, trusted, and have a solid customer base. 

It’s possible to tap into that base by partnering with them — so long as the partnership is mutually beneficial, of course. Also, make sure that your brand values align as well so that it’s truly an ideal partnership rather than one that could potentially cause you problems down the road. 

While you may think that there’s no way for a newer or smaller brand to partner with the big guys, that’s not always true. That being said, partnering with smaller companies can also be beneficial and help you tap into a customer base that you otherwise wouldn’t have. As a general rule of thumb, you should never turn down a partnership based on the size or type of company. 

So long as your basic values align in terms of brand suitability, you never know what you could gain as a result of a seemingly “simple” partnership. 

2. Prioritize SEO

The second thing that you need to do in order to create dominant brand recognition is to prioritize search engine optimization, or SEO

When your brand appears at the top of the list on search engines alongside other credible and trustworthy companies, consumers will then see your brand as credible and trustworthy as well. 

Plus, most people don’t even look beyond the first page of search results, so if you’re not on that first page, odds are that they won’t even know you exist no matter how amazing your products and services are. Clearly, SEO is something worth investing in — but how? The SEO world can be really daunting if you don’t know what you’re doing. 

By researching and establishing specific target keywords, you can begin the journey toward the first page of search results. Obviously, this won’t happen overnight as you then have to build your own content to correspond with these keywords. Make sure to include the keywords in the headline, body, and image titles within your content posts so that the search engine can pick up all those hits, rank that post higher in search results, and make it easier for consumers to view within their search results. 

Once they see your brand pop up on the first page a few times, they will come to recognize and trust your brand dominance. 

3. Embrace Social Media

The third thing that you need to do in order to create dominant brand recognition is to embrace social media. If you’re not on the “big three” (Facebook, Instagram, and Twitter), then you’re definitely missing out. 

Create brand accounts and begin posting interesting content that encourages people to engage with the post and think more favorably about your brand. After all, social media isn’t really valuable if people aren’t engaging with you. But how can you create engaging content?

One of the best ways to do this is by hosting contests and giveaways. Don’t think of it as giving away free stuff. Instead, think of it as exchanging your products for increased brand recognition and reach on social media and YouTube

Once people enter your contest or otherwise engage with your brand on social media, they are more likely to remember your brand or think positively about it when it comes time for them to make a purchase — even if they don’t end up winning. At the end of the day, giving away a free product is a small price to pay for thousands of potential new customers. 

4. Reconsider Your Product Packaging

Finally, the last thing that you need to do in order to create dominant brand recognition is to reconsider your product packaging. 

If you currently have plain and boring product packaging, this isn’t really helping your brand recognition. Instead, you need to have quality branded packaging that will make a positive impression on consumers who see it. You really need to stand apart from the competition and one of the best ways to do this right off the bat is through product packaging. 

Instead of using plain colors, texts, and fonts that have nothing to do with your brand, start to use the same logos, fonts, and colors to create a strong, uniform brand image that consumers will instantly recognize. 

When you have an eye-catching design and brand, you’re giving yourself a better chance that consumers will choose your products over the competition. However, this doesn’t mean that you have to spend a fortune on product packaging — just make sure that it’s branded and goes along with your brand values, mission, and other products. 

Final Thoughts on Brand Recognition

As you can see, brand recognition is definitely something that you need to prioritize and focus on if you’re a new business looking to make a good impression on consumers. This is something that needs to happen in order to grow your business and convert more sales. 

Thankfully, with the right partnerships alongside a little help from Channel Factory, you can increase your brand recognition within the right groups of consumers and start to enjoy the results in no time.


Sources:

  1. How to Build a Client Base
  2. 6 Innovative Ways to Increase Brand Awareness
  3. Council Post: Why SEO Still Matters In 2020

Everything You Need To Know About YouTube Content Creators

YouTube content creators are more valuable now than ever as YouTube watch time has recently jumped 80% in the U.S. compared to last year as a result of the COVID-19 pandemic. 

Obviously, this global quarantine has created unprecedented challenges for many brands. On the other hand, there are still ways that you can adjust and change along with the world. One of the ways you can do this is by working with YouTube content creators. 

What Are YouTube Content Creators?

If you’re totally new to the YouTube game, you’re probably wondering what YouTube content creators even are. Maybe you have an outdated view of YouTube as simply a video content site that regular people randomly upload funny videos onto. Or maybe you only use it to watch music videos made by your favorite artist. 

While these conceptions still apply, YouTube has become such a massive and valuable platform that there are people whose sole job is to create content for it. We know what you’re thinking — how are people able to make money simply by making videos? Well, it all comes down to advertising. 

Brands have keyed into the reach of YouTube and have realized that YouTube advertising can be extremely effective. Content creators have realized this too and have been able to monetize their content by selling ads on their channel to various brands. This, in turn, creates a mutually beneficial relationship whereas content creators have the name and the viewers that brands want to utilize and reach. 

When done right, advertising alongside YouTube content creators can be an extremely beneficial strategy and investment for any brand looking to reach their target customers or potentially break into new markets. 

How Does Content Creation Work?

You must be thinking that there has to be a catch… content creators just make videos and get paid for it? This sounds pretty easy. However, there’s so much more to it than that. After all, not everyone who has ever uploaded a video onto YouTube can be termed a “content creator” and make money as a result. So, how does content creation really work and how does it become profitable? 

The first thing content creators need to do is to find their niche. They tend to go with something that they’re passionate about in order to share that passion with others through their content. 

For example, some popular topics include fitness, cooking, beauty, etc. From there, they can start creating engaging content that viewers will enjoy watching. But they don’t stop there. 

Obviously, there are tons of different channels and endless amounts of content on YouTube, so content creators will also need to find a way to set themselves apart from everyone else by developing their own personal brand. 

After the groundwork has been laid, content creators can really start planning out their content. One popular thing to do is to post consistently or only on certain days of the week. Content creators have had a lot of success with promoting and sharing their release schedule so that viewers know when to expect new videos and can really look forward to them. 

As content creators begin to publish more and more content to grow their channels, they should also be engaging with their viewers not just to gain devoted followers, but also to benefit from YouTube’s search algorithm as well. 

Who Are the Top YouTube Content Creators?

If you’re still not convinced of the whole YouTube content creating sphere, we have tons of examples of successful content creators who have amassed huge followings and have been able to monetize their content by partnering with brands and essentially giving them exclusive access to their followers. 

For the year 2020, here are the top five YouTube content creators:

  1. Ryan Kaji: This nine-year-old tops the list with $29.5 million in earnings along with 12.2 billion views and 41.7 million subscribers. 
  2. Mr. Beast (Jimmy Donaldson): Known for his crazy stunts and entertaining humor, this YouTuber earned $24 million thanks to 3 billion views and 47.8 million subscribers. 
  3. Dude Perfect: Consists of five guys who do funny stunts and competitions that earned them $23 million last year with 2.77 billion views and 57.5 million subscribers. 
  4. Rhett and Link: These quasi-talk show hosts have a huge following with 41.8 million subscribers that they have amassed since starting all the way back in 2012. They have 1.9 million views and have earned $20 million.
  5. Markiplier (Mark Fischbach): This video game expert has amassed 27.8 million subscribers, 3.1 billion views, and $19.5 million in revenue.

Why You Should Advertise on YouTube

The benefits of advertising on YouTube are quite impressive. If you still aren’t convinced by some of the points that we’ve already covered, here are some numbers that are bound to make you a YouTube believer:

  • YouTube has a massive reach with 2 billion total users and almost 5 billion video views every single day. 
  • YouTube is the second most visited site on the web, coming only after Google. 
  • Advertising on YouTube is easily trackable and offers insightful metrics that can help you see the effectiveness and reach of your ad. 
  • Advertising on YouTube can be cost-effective, especially compared to traditional ad space on television, for example, that will cost you a pretty penny.  

How To Work With Content Creators

Clearly, you should be advertising on YouTube and working with content creators if you aren’t already. But how can you actually go about doing this? 

The first step involves thinking about what you would like to accomplish by partnering with content creators. Setting goals and targets ahead of time will help keep you on track throughout the process. It will also help you determine your target audience and budget. 

Once you have that information, you can start looking for the right content creators. The key word here is “right.” Many brands will automatically go with the most popular creators, only to find that they aren’t really the best fit for what they are trying to achieve. 

You can avoid this problem by doing your due diligence on the front end and only working with content creators who align with your brand values and brand image. Be sure to study their content, their reputation, and their viewers intensively before reaching out to ensure proper brand suitability

From there, you can start to build a relationship with your desired content creator. In order to really get them on board, the relationship also has to be beneficial for them — so you may need to offer them something upfront to make it worth their while. After all, odds are that you aren’t the only brand that has reached out to partner with them, so you want to set yourself apart from the competition and make them want to partner with you specifically. 

Throughout this process, just be sure to be upfront about your expectations as well as provide information that you want them to include in their content — all while still giving them some creative space to make it seem genuine. 

Final Thoughts

As you can see, working with YouTube content creators can be beneficial for everyone involved. In 2020 and beyond, this is definitely something that brands need to be investing in as YouTube continues to gain viewers and popularity in the age of quarantine. 

With the right strategy and research from the experts here at Channel Factory, you can efficiently advertise your brand with the help of YouTube content creators. 


Sources:

  1. The Highest-Paid YouTube Stars Of 2020 
  2. How to Determine a Target Audience in Marketing

Beginner’s Guide to Inclusion Lists

Advertising can be a confusing field to break into. It seems like industry terms are just thrown around without any explanation, leaving you feeling totally lost. Thankfully, we are here to help you learn more about this field and some of its most important concepts — take inclusion lists, for example. 

Perhaps you’ve heard of exclusion lists before, but haven’t heard much about inclusion lists. As it turns out, inclusion lists are just as important as exclusion lists.

So, read on for the beginner’s guide to inclusion lists and learn everything you need to know about this concept so that you can take your company’s advertising strategy to the next level.  

What is an Inclusion List?

Starting with the basics, what is an inclusion list? 

An inclusion list consists of channels, publishers, content owners, influencers, and creators whose content aligns well with your own. 

In these cases, you would want to place your content in these idealized and optimized locations. These sources and locations have been well-vetted and have been proven safe and effective for your brand. That way, your content will actually be what viewers want to see based on the location and the existing content surrounding yours. 

This makes your brand’s content more likely to appeal to them and hopefully earn you a new customer as a result of your smart advertising practices. 

Why Are Inclusion Lists Important?

Now that you know what an inclusion list is, you’re probably wondering what makes this information worth knowing. After all, you’re a business owner with a ton of different things on your plate that you’re trying to juggle all at the same time. Your time is valuable, and we aren’t here to waste it. In fact, quite the opposite. Inclusion lists are an important and worthwhile concept for any company that’s looking to optimize its advertising and reach the right people with the right content.

Here are just a few reasons why inclusion lists are so important for your business:

  • Inclusion lists allow your company to be seen alongside channels and publishers that share similar beliefs and values. That way, you can still appear alongside content that may have otherwise been filtered out by one size fits all exclusion lists, so long as the content creator promotes your same beliefs and values that your brand holds dear. 
  • Inclusion lists allow your content to be seen by people who can be described as your target audience. By placing your content in strategic places, you can better reach your target audience who may be viewing those channels or platforms. When they see your content, it will be more likely to appeal to them than to random viewers who may not relate to your brand or products. For example, if you have a beauty brand, you can include trusted beauty influencers on your inclusion list. From there, you can reach viewers who are clearly interested in beauty products and are more likely to respond to your beauty-related content as a result. 
  • Inclusion lists allow you to actually tailor down your exclusion lists so that you can appear next to more positive content rather than focusing on avoiding negative content. Tons of things can be unintentionally blocked as a result of the intricacies of our language, as many words can have multiple meanings, slang meanings, or even change meanings over time. By focusing on the positive rather than the negative, you can get your content in the right places in front of the right people instead of just focusing on keeping it away from the wrong places. 

How Do You Create an Inclusion List?

So inclusion lists are clearly important, but how do you go about creating them? After all, we have stated that the one size fits all approach really doesn’t work here. That’s why the best approach to creating an inclusion list is to really reflect on your brand’s values and beliefs in order to seek out corresponding channels and producers.

Here are some steps that you can take to create an effective inclusion list for your brand:

  • Develop brand guidelines as a starting point for your inclusion list. Think about what types of things you’d like to include based on your industry. Then think about what types of things you’d like to include based on your unique brand persona and values. Finally, think about your target customer and what their values may be. 
  • From there, you can build your inclusion list by vetting different sources of content and coming up with a list of sources that you can trust based on their values. 
  • After setting your initial inclusion list, you need to continuously review and adjust this list to keep up with the times. 
  • Remember to consider different languages and cultural contexts when creating your inclusion lists if you’re looking to advertise in different international markets. What may work in one country may not work in another. 
  • Finally, combine the power of technology with the experience of industry experts  to help you with this in-depth and easily overwhelming task. Technology can help you find potential safe options from all the sources out there whereas humans can vet them and confirm that they are safe and 100% align with your brand. 

What About Block Lists?

On the other hand, there are block lists or exclusion lists. A block list consists of channels, keywords, and locations with content that doesn’t align well with your own. 

Oftentimes, this is the area that many brands choose to solely focus on while totally overlooking inclusion lists. In these cases, it all comes down to brand safety. Avoiding dangerous or negative content is certainly one way to protect your brand, but does it really allow you to get the most bang for your buck when it comes to your marketing budget

We argue that exclusion lists need to be used in concert with inclusion lists. It’s not enough to simply avoid negative content, you also need to seek out positive content that will actually help to boost your brand. Obviously, this is easier said than done. 

The good news is that there are ways that you can effectively establish both exclusion and inclusion lists that work together to place your content in the best possible locations. 

One way to do this is to consult with the experts here at Channel Factory. We know all the ins and outs of brand safety and brand suitability. We are able to help you develop exclusion and inclusion lists based on what types of content you wish to avoid versus embrace. 

But the buck doesn’t stop there. In fact, Channel Factory can also help you continuously fine-tune these lists to keep up with our constantly changing world. Perhaps one of the biggest mistakes that many brands make is to just set a universal exclusion list once and never think about it again. As events happen, times change, and even your brand changes, you need to continuously check and adjust these lists to make sure that they are still on-point for your brand as well as the current climate. 

Conclusion

And there you have it: the beginner’s guide to inclusion lists. Hopefully by now you’re no longer a beginner. 

However, if you find yourself still lacking in brand safety and suitability expertise, be sure to reach out to us here at Channel Factory —  we can help your brand be the best it can be as we head into the new year. With our help, 2021 can be the year you make some big progress towards your business goals. 


Sources:

  1. It’s time to value inclusion over exclusion in marketing | New Digital Age 
  2. The Beginners Guide To Brand Values (+ Examples of Core Values)
  3. Forbes – How to Maximize Your Marketing Budget 

How To Create Strong Brand Image Advertising

Many people assume that products and services are the most important components when it comes to operating and growing a business. While these aspects are definitely important, it’s also beneficial to think about the brand image itself, especially when it comes to overall consumer perception and connotation.

With so much competition out there, branding has become an essential component of a successful business — and a lot of this has to do with positive image advertising.

So, before you start throwing money at advertising without a real strategy in place, consider taking a more targeted approach so that you can build strong brand advertising that is going to be more effective and beneficial in the long run.

What is Brand Image in Advertising?

If you’re just getting into building your brand, you may be unsure about brand image really means and what it’s all about.

Essentially, brand image is the perception that a consumer has about a brand. Brand image consists of the beliefs, ideas, and impressions that someone holds about a brand based on their interactions and experience with the brand. This can be a tricky concept to nail down since everyone thinks differently and people may have a variety of different opinions about your brand.

The good news is that you can try to create a strong brand image based on targeted strategies so that despite different experiences and thought processes, a vast majority of consumers will view your brand in a positive light.

Why is a Strong Brand Image Important?

If brand image isn’t something you’ve thought about before, you definitely need to start thinking about it now. Every company needs a strong brand image in order to grow the business and achieve their goals. After all, not many people are going to want to buy from a brand that they know nothing about or have negative perceptions of.

For example, think about companies that have to undergo “rebranding” because of an incident that occurred with their original brand. They know that they will continue to struggle based on a negative brand perception, so to them, it’s worth the cost and hassle to undergo rebranding so that they can essentially start over.

Obviously, the goal is to avoid a negative brand image in the first place so that consumers have trust and confidence in your brand. This makes it more likely that they will buy from you rather than another company that they may not be as attracted to simply based on the brand perception.

In summary, strong brand image advertising not only prevents negative consequences, it can also bring about positive effects in terms of reach and growth.

How To Create Strong Brand Image Advertising

As previously mentioned, brand image advertising can be a tricky concept to nail down since you don’t have total control over how consumers perceive your business. That being said, there are some steps that you can take to create a strong brand image through advertising.

You will need a well-thought-out and strategic approach in order to achieve a strong brand image, which can be achieved by following these seven tips:

1. Define Brand Values

If you’re a new company and you haven’t defined your brand values and personality yet, this is the first step you need to take to create a strong brand image. Ask yourself the question, why are you doing this? From there, you can define what you want to represent as a brand and work towards promoting these values with your advertising.

2. Define Your Target Customer

Once you know who you are, you need to think about who your target customer is. What kind of brand would they want to buy from? What matters to them? From there, you can continue to build your brand values and work on creating a strong brand image that will resonate with your target group.

3. Create a Brand Positioning Statement

A brand positioning statement will help you clearly set yourself apart from your competitors. This is something that consumers look for when comparing between several different products that may all look the same at first glance. You need to give consumers a strong reason to buy from you specifically, and you can do this with a strong brand positioning statement.

4. Build Strong Partnerships

Another way that you can create strong brand image advertising is to create partnerships with other companies. However, don’t just partner with any company that approaches you. Instead, make sure to prioritize brand suitability in your vetting process and ensure that any partners also share the same values that you defined in step one. From there, you can be confident in your partnership and be rest assured that it will only help strengthen your brand image as a result.

5. Build Trust With Consumers

Consumers need to be able to trust your brand in order to have a positive perception of it and eventually buy from it. You can make your brand more trustworthy by displaying social proof and showing off positive customer reviews and experiences. You can also do this by providing top-notch customer service so that you can get referrals and hopefully repeat business.

6. Be Consistent

Brand image is something that takes a long time to build but can be destroyed in an instant. That’s why you need to be consistent in your actions and prioritize brand safety to preserve your brand image at all costs.

7. Consult the Experts

Brand image advertising can be a confusing and overwhelming issue to tackle on your own. So if you’re really looking to create strong brand image advertising, it’s a good idea to consult with experts to help you achieve this.

Our experts here at Channel Factory know the ins and outs of advertising and can help you establish and build your brand image through strategic content placement. Showing the right content to the right people in the right location can go a long way towards creating a positive brand image through your advertising.

How to Measure Brand Image Effectiveness

Many people are hesitant to invest in their brand image since it can be such a hard concept to measure if you don’t know how to do so. After all, you want to see results from your efforts and investment.

The good news is that there are ways that you can actually measure your brand image and gauge the effectiveness of your efforts and advertising.

One of the best ways to measure brand image effectiveness is to conduct consumer surveys. Specifically, there are brand perception surveys that you can use to see how different consumers respond to your brand and your content.

If they have a positive reaction, you know you’re on the right track. If they are concerned about certain things, you know what areas you have to address moving forward.

Overall, feedback is key when it comes to brand image and is vital to monitor and track as you build your brand.

Don’t Wait to Build Your Brand Image Advertising

As you can see, creating a strong brand image is essential for companies that are looking to set themselves apart from everyone else and gain new customers in the process. This is a long-term strategy that’s impossible to achieve overnight, but will be well worth the time and investment when a majority of consumers have a positive perception of your brand as a result of your efforts.

If you are looking for a professional partnership to help take your brand and your business to new heights, Channel Factory has the experience and expertise to help you define and reach your target audience. Get in touch with us today!


Sources:

  1. Council Post: Why Brand Image Matters More Than You Think
  2. The First Thing You Should Do When Building Your Brand (Hint: It Isn’t Pick Out a Logo)

YouTube Performance Efficiency

If we learned anything from YouTube marketers in 2020 it’s that they want managed outcomes and performance efficiency. More than 50% of brands bringing their programmatic buying in-house and agencies face common pressures. Streamline operations, drive performance efficiency, and offer performance-driven outcomes. Channel Factory has been helping brands and agencies achieve all of this for years.

Operational Ease

It takes a lot of data to ensure campaigns are optimized against all your KPIs. Over 500 hours of new content is uploaded every minute to YouTube. The only way to track all that data is within a continually updated YouTube DMP. That’s a hefty cost and personnel overhead for most advertisers. It’s easier to keep your team slim and bring in the experts. 

At Channel Factory our proprietary ViewIQ technology scans over 18 million videos every day against all historical performance data from a decade of campaigns. ViewIQ is an entire team in itself. Its machine-learning algorithms are constantly being trained by expert, hands-on media buyers, account managers and strategists to optimize campaigns toward optimal YouTube performance efficiency. 

YouTube Performance Efficiency

There are a lot of variables to consider on the open auction. In our experience failure to arbitrage expertise and data cost advertisers between 20% and 100% in additional spend. For example, while it’s common knowledge that prices go down at the end of buying cycles (months, quarters, years), certain tentpole buying seasons buck those trends. Think Back to School, the Super Bowl, summer movie releases and, in 2020, the U.S. election. In 2020 we managed to deliver incredible value for our Q4 advertisers despite significant holiday season traffic on YouTube. 

Dynamic pacing is key to YouTube performance efficiency.  Most advertisers serve their ads evenly across the entire campaign, which means ignoring critical price signals and paying dearly.  Utilizing algorithms and hands on keyboards, at Channel Factory we use dynamic delivery to ensure ads are serving only in the most favorable pricing conditions. The result is specifically designed to both increase engagement and pricing efficiency. And it also means exceeding delivery expectations.

At Channel Factory, 10 years of campaign experience across industry sectors and countries has helped us identify the optimal buying conditions for the open auction. Whenever we build campaigns, we’re using a combination of these insights as well as hard performance data to select content suited to your KPIs.  That means, before your campaign has even begun, we’ve already cherry-picked the top performing YouTube content based on historical knowledge. 

Performance Outcomes

There are hundreds of possible combinations of YouTube ad products, tactics and add-ons all designed to achieve specific outcomes. Whether its brand awareness, consideration, action, or all three, the portfolio of ad formats and extensions is always growing. It helps to work with a partner who knows which combinations drive the specific outcome you’re looking for.

For example, within the auto-sector you can drive cheaper but fewer conversions using Google’s custom-intent audiences, or more expensive but a higher volume of conversions with customized contextual alignments. Combinations of TrueView for Action with store location extensions can work well 

Pricing Efficiency with Managed Outcomes

With Channel Factory, brands and agencies benefit from operational ease, YouTube performance efficiency, and performance-driven outcomes as well as round-the-clock, white-glove customer service.

Video Marketing: 3 Tips to Get Started

Video marketing can be beneficial for any business, but it can be hard to get started if you’re new to the game and don’t really know much about marketing in general. 

Thankfully, we are here to help you learn everything you need in order to get your company out there, start reaching viewers, and get some more money into your pocket. 

Here’s three tips to help you start reaping the benefits of this increasingly popular method of advertising.

Tip #1: Think About Your Brand and Goals

Before you get started with video marketing, you need to think about your brand and your overall goals that you want to achieve with your ads. 

When thinking about your brand, you need to consider your image, values, and overall mission when creating and placing video content. 

For example, what types of content and placements would resonate well with your target audience? Better yet, what is your target audience? 

You will need to do a lot of contemplation and introspection during this planning phase before you move forward and start to actually create your content. 

When it comes to different ad objectives, there are several different ones that you may want to explore based on your overall business goals. Here are just a few different ad objectives that you may want to focus on:

  • Remarketing: Remarketing is a great ad objective for beginners. You are targeting people who already know your company and have interacted with it in some way in the past. This is a great way to keep your brand in that person’s mind while also increasing ad recall and customer engagement. 
  • Brand awareness: If you’re really looking to jump into the deep end in video marketing, then you might want to try ads tailored to increase brand awareness. Brand awareness helps familiarize people with your brand, what you offer, and what you’re all about. This is an important step in marketing as you need to build up your brand before people are willing to buy from you. 
  • In-market targeting: In-market targeting is a great way to reach people who are already ready and looking to buy products or services that you offer. These types of ads target people who have been searching for these items across the Internet. By presenting them with your content, you’re more likely to get conversions rather than just reaching out to random people who aren’t necessarily looking to buy any of your products. 
  • Custom affinities: Using custom affinities to lure away customers who may have viewed products from competitors is a sneaky way to make a sale. In this type of content, you really need to emphasize the strengths and benefits of buying your product over other products that the viewer has previously considered. When done right, this can be a great way to get more conversions. 

Tip #2: Explore Different Platform Options

There are so many different platform options out there for video marketing, that it’s hard to know where to begin and which platforms are the best. 

Here’s the lowdown on a few different options that you can consider for your content:

  • YouTube: If you’re looking to reach tons of people with your ads on a platform solely made for videos, then YouTube is the best option. With more than 2 billion users and 5 billion videos viewed every day, your potential reach with Youtube advertising is unlimited. It also gives you the option to advertise across borders in different languages since it’s so international. 
  • Facebook: Facebook video ads have become really popular in recent years and it’s easy to see why. Videos really stand out on Facebook since it also contains picture and text posts. At the same time, most videos on Facebook are viewed without sound, which is important to keep in mind as you create your ad. 
  • Instagram: Instagram specializes in visual content — making it ideal for video marketing. However, audio is also a challenge on this platform so make sure that your content quickly grabs the viewer’s attention and makes them want to turn the sound on, or even better, visit your profile or site.
  • Twitter: We also have Twitter, which is grossly underrated when it comes to marketing effectiveness. Even though it has fewer users overall than other platforms, its users are often extremely engaged with the platform and can make great targets for relevant ads. 
  • LinkedIn: If you’re looking to reach a more professional demographic with relevant content, LinkedIn might be the answer you’ve been looking for, though advertising here is limited in what you’re able to advertise for in a professional tone. 
  • TikTok: On the other and, if you’re looking to reach a younger demographic — TikTok is the perfect place to do this. However, word to the wise: the TikTok app may no longer be downloadable in the U.S. for much longer. 

Tip #3: Consult the Experts

The last tip to help you get started in video marketing is to consult the experts. 

While you can definitely do some work on your own to get your feet wet in the world of video marketing, it’s still extremely beneficial for you to work with experts who can really help you create an effective strategy and get the most bang for your buck when it comes to your marketing budget. 

These professionals know the world of video marketing inside and out and can help you create content and targeting mechanisms that get the best content to the right individuals. 

Furthermore, companies like the Channel Factory can also help you with things like brand suitability and brand safety, that can not only help promote your ads alongside suitable content, but also protect your brand by avoiding placing your ads alongside negative content that could damage your brand image and overall reputation. 

Video Marketing Best Practices

Now that you know how to get started using video marketing to promote your company, it’s a good idea to go over some best practices that you can use to make sure that you do this effectively. 

It’s important to remember that video marketing can be extremely effective if you do it properly, so that’s where these helpful guidelines come into play…

  • Use data.   When using video marketing, one of your best resources is data, so make sure you actually utilize it to help you tailor and adjust your ads and overall strategy. Most video advertising platforms will offer you all sorts of data points and analytics on how your ad is performing and who is viewing that. 

If your ad doesn’t seem to be very effective, you can notice while it’s still running and make any necessary changes in order to boost the effectiveness. 

Also, you can make changes in your targeting strategy based on who is viewing your content. If it doesn’t necessarily line up with your ideal target audience, you can adjust your targeting specifications to reach the people that you want to reach. 

  • Use a call to action.   Each video should include a clear call to action that describes what you want the viewer to do as a result of the ad. Based on the ad objective, these can differ between checking out your website, to checking out your amazing customer reviews, or even actually making a purchase. With clear messaging like this, viewers are able to associate an action with your ad rather than just another pointless video. 
  • Make it mobile-friendly.   Over 70% of total watch time on YouTube comes from mobile devices. And that’s just YouTube. That’s why it’s super important to create content that works well on mobile devices without lagging or affecting the quality of the picture. Make sure that the beginning of your ad is just as effective without sound as it is with it — because most people initially have the sound off when scrolling through content online.

Now you have everything you need to get started with video marketing. If it all seems a bit overwhelming, remember that you can always use experts like the Channel Factory to help break it down for you.


Sources:

  1. https://www.forbes.com/sites/forbesagencycouncil/2020/06/01/three-reasons-video-marketing-is-important-on-social-media-in-2020/#6eb433896e55
  2. https://www.business2community.com/branding/what-is-brand-awareness-01578509
  3. https://medium.com/better-marketing/why-tiktok-will-take-over-in-2020-12f84b8cc109

5 Tips for Establishing Brand Suitability

Brand suitability is one of the many marketing concepts that many people aren’t super familiar with. This is really quite unfortunate since it can be extremely beneficial for brands all over the map. 

Thankfully, we are here to help. Here’s a quick guide on brand suitability that will teach you everything you need to know about this underrated concept and show you how to establish it for your brand.

What is Brand Suitability?

Brand suitability is the alignment of an individual brand’s advertising, with content that makes sense for their unique image, local markets, targeted customer base, and future business objectives. 

Now I know what you’re thinking: isn’t this the same thing as brand safety? Not quite. Even though brand suitability is definitely related to brand safety, the two concepts are different. 

The overall goal of brand safety is to avoid content that is considered dangerous, illegal, unacceptable, or undesirable for the brand. 

Brand suitability, on the other hand, attempts to put together a list of different types of content that go well with the brand’s desired image, mission, values, etc. Some different areas of content that brands may want to consider as a part of their brand suitability strategy include adult language, political commentary, sexually-suggestive content, or comedy. 

For example, a kid’s toy obviously would not want to appear next to content that includes adult language or is sexually suggestive. On the other hand, an online gambling company might be fine appearing alongside that type of content because it doesn’t necessarily go against their values, and may even fare better advertising to that particular audience. 

Why is Brand Suitability Important?

If you’re still not convinced that brand suitability is important for all businesses, let’s break it down even further so you can really get a solid understanding of this concept and what it can do for your company: 

  • Advertisement recall: The more relevant your content is to the surrounding content, the more likely that people will relate to it and remember your product and your company as a result. In fact, a 2017 Google study showed that contextual alignment can drive up to a 50% higher ad recall.
  • Brand protection: Brand suitability is tied with brand safety that protects your company’s image from irreparable harm. It’s extremely difficult to rebuild your reputation and it’s not something you can just buy, so you need to protect it. If your content appears next to negative content, people will think that your company agrees with it and supports it even if you don’t. The numbers back this up — 33% of people flagged polarizing social issues as a severe content risk.
  • Consumer engagement: People are obviously less likely to engage with content that they see as questionable. So, if your brand appears next to this type of content, they will extend that association to your brand as well and avoid spending money on your brand in the future. Obviously, the entire point of advertising is to increase customer engagement — you can ensure that this is the case by focusing on brand suitability. 

5 Tips for Establishing Brand Suitability

Now that you know all the basics of brand suitability, it’s time to get to the good stuff — how you can actually establish it for your business and start reaping the benefits. 

Here are five tips that you can use to effectively establish brand suitability for your company. 

Use Data to Your Advantage 

The first tip for establishing brand suitability is to do your research and use data to your advantage when tailoring your overall strategy. 

Data is a powerful tool that many companies don’t really know how to use properly or efficiently. 

But it doesn’t have to be this way. The Channel Factory can help you make sense of this data and translate it into something that you can actually use. 

For example, you can use data to create your ideal customer and think about how to best target them with your content. You can also use data on previous Youtube campaigns to see what people responded to and what didn’t really resonate. 

Overall, using data is definitely something you want to be doing when trying to establish brand suitability. 

Create Your Strategy

Once you have all the data you need, it’s time to create a strategy that the data supports. 

You should make inclusion lists with types of positive content that you want to appear alongside. This list should include suitable, proven sites, videos, and channels that are safe places for your ads to run. 

You should also make exclusion lists with types of negative content that you want to avoid appearing next to. This list should include inappropriate, illegal, violent, or otherwise offensive content that isn’t suitable for any brand and would harm your brand image. Additionally, you should include potentially questionable or controversial content based on your industry as a whole and your brand values and desired image. 

Use Technology

When it comes to brand suitability, you definitely want to use technology to help you out. It would be nearly impossible to do without it since the Internet is so huge with tons of new content being added every single second of the day. 

That’s why it’s so important to optimize your content and use technology to help you create and filter your lists, place your content, and tweak your content to get the best results. That being said, a human touch is still important here. That’s why companies like the Channel Factory have experts who can help you figure out what you want to get out of advertising and create lists to help you get there. 

Expand Your Horizons

Another tip for establishing brand suitability is to expand your horizons — literally. Go beyond your own borders. There’s a big world out there that’s open and ready to be sold to. The Internet makes this totally possible and even easy thanks to brand suitability. 

Brand suitability in an international context can help you adjust to different languages and cultures as you’re exploring different markets. This is because not all content will translate the same way across borders. You wouldn’t want to unintentionally offend someone just because your content doesn’t translate the same way as it does in the original language. 

That’s why you need experts that are familiar with different markets and can help you figure out what content is suitable for the consumers that make up these new markets. 

Never Stop Working

Finally, the last tip for establishing brand suitability is to never stop working on tailoring and tweaking your content to get the best results. 

This is especially important in the virtual world where there’s an endless stream of new content and things can go viral unpredictably in the blink of an eye. Therefore, you need to constantly keep watch of your inclusion and exclusion lists as the world around us is constantly changing. 

You should also be monitoring the effectiveness of your actual campaigns to see if they’re having the desired effect. 

If it’s not as effective as you’d like, make a change and try out something new. Invest in research into your content before it airs, while it’s airing, and after it airs to see what the overall perception is. This will help you protect your brand image and reputation well into the future no matter how much things change along the way. 

In Closing

As you can see, brand suitability might take a little bit of work to establish but it will be well worth it. 

If you need some extra assistance here, make sure to consult with experts like those at the Channel Factory who can do all the heavy lifting for you and leave you with an effective and cohesive strategy that will work wonders for your overall advertising strategy. 

Get started by downloading Channel Factory’s Ultimate Guide to Brand Sustainability here.


Sources:

  1. https://www.forbes.com/sites/michaelfertik/2019/12/16/why-customer-engagement-should-be-every-businesss-top-priority-in-2020/#7e22cc286214
  2. https://www.entrepreneur.com/article/314541
  3. https://smallbusiness.chron.com/ways-measure-advertising-campaign-60944.html