Wednesday, November 23, 2022

Online Advertising Industry in India

Advertisement Main Stay of Businesses

Without propaganda, no business flourishes the World Over. India a rising economy is as dependent on good advertising as any other country. Fortunately, the country has some of the globally popular media houses and they are doing well. 

Combined online marketing and advertising in India INR 667 billion in the year 2020. The growth rate stands at 17.6% CAGR. By all means, this is an impressive figure. Advertisement campaigns are conducted by small-time advertisement agencies, individuals providing digital market services both paid and organic. 

The major chunk of advertisements is provided by Media Houses that are adept in online propaganda of various types. They differ from houses that organize an offline campaign on TV, radio, and streets. 

Unlike offline advertisements, the online paradigm is much different, although some of the principles are applicable to both types.   

Online Advertisement What it is? 

Let me begin by highlighting the online media channels. 

  • Email Marketing 
  • SMS Marketing 
  • Content Marketing 
  • Search Engine Optimization (SEO) 
  • Online/Display Advertising 
  • Microblogging 
  • Blogging 
  • Podcasting  
  • Social Media Marketing (Organic)
  • Online Video Marketing (Paid)
  • Google Ads (Paid)
  • LinkedIn Ads (Paid)
  • Pinterest Ads (Paid)
  • Facebook or Meta Ads (Paid)
You can well make out that there are no TV, Radio, or Roadside Banners involved. Online marketing may combine campaigns with offline endeavors as a part of the strategy but usually, both types of campaigns are conducted separately.  Usually, big business houses and corporates combine organic and paid marketing since their financial resources and marketing muscle permit.  

Focus on Brand & Services Promotion.

Online advertisement is focused on brand promotion for big companies and even their product lines. Professional services are offered by large houses of conglomerates to advertise online. Hence marketing potential for the media houses is diverse and potential. 

The online promotional campaigns are extensive in nature and require teamwork executed by talented and experienced professionals. These campaigns are conducted on the channels listed above and are extensive. Central to all campaigns is content creation which could be in form of videos, podcasts, articles, blogs, graphics, and memes. In the final course of action, gated content like performance reports, reviews, and mentions in important magazines and websites, blogs, etc are often used to finally convince the target audience. 

The main course of action follows:
  • Awareness & Attraction
  • Consideration & Trust
  • Goal Conversion or Action
The above steps are the vital pathways, that online campaigns for marketing and advertisement work on. This is the methodology leading media houses use for online advertisements. The fundamentals work for both paid and organic campaigns. 

No comments:

Post a Comment