innovation in advertisement using technology

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VINOD GUPTA SCHOOL OF MANAGEMENT IIT KHARAGPUR Term paper on INNOVATION IN ADVERTISEMENT USING TECHNOLOGY Submitted to: Submitted by: Dr Prithwis Mukherjee Arun Yadav(10BM60016) ABSTRACT: Gone were the days when advertisement was limited only to banners, newspaper ads, TV adds. Advertisement these days is not limited to only a few medium, instead it is exploring new medium for itself everyday. With the use of new technology available, companies are really using them to advertise and stand out from other companies. With the no of web users reached to 2 billion (approx.), web 2.0 is looked as the medium with most potential. Companies advertise themselves on social-networking sites, blogs, video sharing sites & web applications. We are about to see a dynamic shift in the way advertising is done. Viral advertising is one type. There are other technologies which are under testing and which are going to revolutionalize the advertisement in next decade. This is what is going to be the main focus area of this paper. INTRODUCTION: As we all know , Advertisement is the activity to attract public attention to a product or business . It can be done using various mediums .It can be print advertisement in paper , radio advertisement, video advertisement in television and many more. Advertisement and innovation goes hand in hand. The main purpose of advertisement is to attract the attention of the recipient .The same can not be done without innovation. It’s consumer’s tendency to pay selective attention. People do not listen to or notice everything that they hear & see. To make an impact on the recipient’s mind, advertisement should have something that makes it stand out from the crowd, to get in notice of the recipient. With the use of technology available the advertisers are making it sure that their message through advertisement is noticed

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Innovation in advertisement with the use of technologies available and technologies under testing.

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Page 1: Innovation in advertisement using technology

VINOD GUPTA SCHOOL OF MANAGEMENT IIT KHARAGPUR

Term paper on INNOVATION IN ADVERTISEMENT USING TECHNOLOGY

Submitted to: Submitted by:

Dr Prithwis Mukherjee Arun Yadav(10BM60016)

ABSTRACT:

Gone were the days when advertisement was limited only to banners, newspaper ads, TV adds.

Advertisement these days is not limited to only a few medium, instead it is exploring new medium for

itself everyday. With the use of new technology available, companies are really using them to

advertise and stand out from other companies. With the no of web users reached to 2 billion

(approx.), web 2.0 is looked as the medium with most potential. Companies advertise themselves on

social-networking sites, blogs, video sharing sites & web applications.

We are about to see a dynamic shift in the way advertising is done. Viral advertising is one type.

There are other technologies which are under testing and which are going to revolutionalize the

advertisement in next decade. This is what is going to be the main focus area of this paper.

INTRODUCTION:

As we all know , Advertisement is the activity to attract public attention to a product or business . It

can be done using various mediums .It can be print advertisement in paper , radio advertisement,

video advertisement in television and many more. Advertisement and innovation goes hand in hand.

The main purpose of advertisement is to attract the attention of the recipient .The same can not be

done without innovation. It’s consumer’s tendency to pay selective attention. People do not listen to or

notice everything that they hear & see. To make an impact on the recipient’s mind, advertisement

should have something that makes it stand out from the crowd, to get in notice of the recipient. With

the use of technology available the advertisers are making it sure that their message through

advertisement is noticed

Page 2: Innovation in advertisement using technology

LOOKING BACK:

Advertisement is not a new phenomenon. It is being there since 4000 BC. But we will talk

only about recent history. The main medium for advertising in the 19th century was the technology

then available. Primarily it was done as posters and banners for advertising in a smaller region. For a

larger coverage, advertisement in newspaper was done. Later when radio becomes common,

advertisement on radio was the most innovative way to attract public attention as it was easier to say

what u want to convey instead of printed advertisement. Television becomes common only in the

second half of the century. Invention of television and it becoming a mode of entertainment for public,

opened gates of opportunity for advertisers. They can now present themselves in a better way

through video. The scope of innovation in videos made it the most sought after medium for

advertisement. It was also the medium for most innovative advertisements.

The end of previous century saw a drastic change in the way advertisements were done. With the

usage of internet becoming common a whole new world opened for the advertisement industry.

CURRENT PRACTICES.

Today we live in a world full of gadgets. We have a lot going all around us. We are open to various

sources of media . Technology has changed a lot about how advertisements are done, how the

message is conveyed. Advertisers do not follow the general conventional way to advertise, instead

they use the technology around us to advertise. Some of the technology advancement that has

changed the advertising industry are as follows:

ADVERTISEMENT USING PRINT MEDIA:

Even though a lot of other medium for advertisements have been invented, print media is still an

important medium for advertising product and services. With the technology advancement in the

printing devices as well as the computer processing speed, it is now easy to print adds which attracts

public towards it. With the use of software such as coral draw & Photoshop, one can use his

innovation and draw almost anything he imagines and can convey his information easily. So the

scope of innovation in print media have increased with the advent of new technology.

Page 3: Innovation in advertisement using technology

ADVERTISING USING INTERNET:

WEB BANNERS:

Web banners are used on high traffic websites, where the banner is shown as soon as the page loads

as a part of page. The banner could be a promotion or service being offered. Banners also have a link

attached to them to the respective website which carries further details about the advertisement in the

banner.

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SEARCH ENGINE ADVERTISEMENT:

Search engine advertisement is one of the most effective way to advertise .The reason behind it is

that advertisement related to the string which is searched in the search engine are shown .

Google's text ads, which consist of a 25 character headline, two 35 character lines of text, and a 35

character display URL which is only 130 characters in total became the new way to advertise on the

web. Type a few lines on keyboard and only pay for the people who click. Pay-per-click search

advertising is, relatively speaking, a cinch from a creative point of view. Almost anyone can create a

Google AdWords ad.

WEB 2.0 ADVERTISEMENT :

World wide web has become the ultimate source of information. There are around 2 billion internet

users worldwide and they are growing day by day with great pace. Web 2.0 is not the conventional

internet that it used to be in the previous century. Web 2.0 includes social networking sites, video

sharing sites, Wikipedia, blogs, web applications. It has immense opportunity for advertisers. Web

2.0 is the place where the product is promoted by the consumers as word of mouth. Be it a social

networking site such as facebook, orkut, myspace ,video sharing site such as youtube , bookmark

services such as del.icio.us and StumbleUpon, social news distributors such as Digg and Mixx , and

other social sites with user-driven content such as Twitter, FriendFeed, SezWho, Yelp, flickr . All

advertisers have to do is to upload a video/print advertisement and if it is good enough, it is promoted

by the users themselves. You must have seen videos and posters which initially have some funny

content and their end means is to promote a company or product. A company can have it’s own

social networking site’s page. There it can promote it’s product, can update upcoming products,

company can get feedbacks directly from the users, users can post questions and complaints about

the products. In this way company can get in direct touch with customers. The best part about

advertising on web 2.0 is that it’s free of cost or incurs a minimum cost.

Page 5: Innovation in advertisement using technology

ADVERTISEMENT USING T.V.

T.V. is the most favourable medium for advertisement. Everyone spends an hour or two of his/her free

time watching TV. The strongest point of advertising on TV is that there (most times) the target

audience is known. Say for example a company willing to sell men’s product would like to advertise in

the shows which are mostly watched by men. Same applies for woman and children. Hence there the

company have an advantage of directly advertising to their potential customers. With the advent of

new technology both in hardware and software of computers and video cameras. The quality and

innovation has increased in TV. advertisements. A television advertisement can be made using only

graphics and animations instead of a video. There can be a mix of video and animation so as to

attract the audience. For example: a very successful zoo zoo campaign by Vodafone.

Page 6: Innovation in advertisement using technology

SHORTCOMINGS OF CURRENT PRACTICES:

PRINT MEDIA:

1. Your advertisement is not only advertisement. There are other advertisements too and maybe

your competitor also advertises in the same space.

2. Add space can be expensive.

3. You are not paying for sending the message to potential customer only but to all the people

who read it.

TV:

1. Limited length of exposure. Most ads are 30 seconds or less.

2. For getting in notice of enough number of viewers the add has to be repeated again and

again.

WEB 2.0 :

1. Web 2.0 has become oversaturated i.e. everyone is using web 2.0. these days .

2. The level of privacy decreases by Web 2.0. When we create a social networking account ,out

personal information becomes public which bothers a lot of people who are not comfortable

with it.

WHAT FUTURE HOLDS:

There are a few technological innovation which are either just started or are in pipeline which are

going to change the way advertisement is done. A few of them are as follows:

ATTENTIVE BILLBOARDS:

Attentive billboards are the billboards that are capable of more than displaying a advertisement.

Attentive billboards use technologies that can predicts things such as demographics, number of

people viewing it, gender of people. They use sophisticated technologies such as face tracking

sensors which can detect whether the person is looking towards the billboard or not.

Devices such as dubbed eyebox2 ,a camera that can monitor eye moment up to 10 meters away can

be used for further enhancing the capability of billboard. It is good enough to know that whether a

person is looking towards the billboard or not. It can also track several people at once and determine

Page 7: Innovation in advertisement using technology

their gaze from 4 metres away to within 15 degrees.

The main features that can be imbibed in attentive billboards are as follows:

1. Ability to predict the gender of the viewer using low cost camera.

2. Real time detection

3. Support for simultaneous multiple object detection.

4. Ability to count the total no of objects.

IN-GAME ADVERTISING:

It refers to using computer and video games for the advertisement purpose. This process is currently

followed but not on a very large scale. It is estimated to grow to $1 billion by 2014.In game advertising

is mainly done to target the male 18-34 demographic who are neglecting television as they are fonder

of computer and video games.

In game advertisements can broadly be of two types:

1. STATIC IN-GAME ADVERTISEMENT:

In case of static in-game advertisements, the advertisements were put while programming

and once the programming of game is done, the advertisements cannot be changed after

that.

Page 8: Innovation in advertisement using technology

2. DYNAMIC IN-GAME ADVERTISEMENT:

Instead of fixed advertisements as in static in-game advertisements, dynamic in-game

advertisements can be changed remotely by the advertising agency.

MOBILE ADVERTISEMENT:

Mobiles will be the most effective medium for advertisement. The total no of mobile phones in world is

5,000,000,000. Advertisement using sms , mobile browser is already in existence but the coming

decade is going to see a great change in advertising using mobiles as medium. As new technology

such as 3g and 4g have already started in almost all parts of world, the speed at which data

transmission takes place in mobile phones have changed drastically. Watching and sharing videos

directly from mobile is common practice these days. As mobile users are not willing to pay for

applications and games, application provider and games provider have started making them available

for free and they imbibe ads within the application. This way they are able to advertise every time the

user starts playing. The advertisements asks for internet connection during starting up, as soon as it

is provided to the application, it downloads advertisement in real time and display it on the application

screen. This kind of advertisement methods are going to be followed in the next decade. With the

increase in data transfer speed, interactive advertisements consisting of rich media, animations and

videos will be delivered directly to the mobile phone. Hence will be able to target larger no of people

OUT OF HOME ADVERTISEMENT:

Out of home advertisement is the advertisement that reaches the customer when he is out of home.

Here we will focus on digital out of home advertisement only. There have been various technological

innovations in out of home advertisements which will determine how out of home advertisement will

be done in the coming decade. We already have discussed about billboards. There are other ways to

advertise too in out of home advertisement techniques. Some of them are as follows:

1. LCD SCREENS:

The availability of inexpensive LCD screens with built-in media players has influenced

companies to add interactive video messages in Point of Purchase Displays. The displays

allow consumers to get additional information at the moment of decision on a product or

service. Lcd screens have already started to make their presence felt. Be it fitness club, food

junctions, malls we can easily see their numbers and penetration increasing day by day.

2. FOGSCREEN WALKTHROUGH SCREEN:

The fog screen is produced by generating a dry foggy layer using ordinary water on which

the image is projected. Hence it is possible to walk through a image which is floating in thin

air, that even without getting wet. This kind of presentations attracts the public and hence are

a good medium for advertisement.

Page 9: Innovation in advertisement using technology

3. HOLOSCREENS:

A holographic screen or holoscreen is a display technology that uses coated glass media for

the projection surface of a video projector. When the projection of image is done on the

display, the image seems to be displayed on free air as the projection surface is not visible.

It is another way to catch attention of

people.

WEB3.0:

The next big wave in web technology Web 3.0 also known as semantic web is on the horizon. Some of the key components of web 3.0 are browsing habits, browsing methods, more intelligent information and openness of the Web. The key components included in web 3.0 are as follows:

1. FROM BLOGGING TO MICROBLOGGING: A blog is a web site that is a assembly of ideas, thoughts, photos or other content which a person is willing to share. Blogs are broadly categorized in two ways: a. Personal blogs which consists of any topic including family, hobbies, sports, other

activities. They are most popular in nature. b. Corporate blogs are blogs in which the main purpose is the promotion of products. Blogging is important to grow your visibility and therefore enhances the marketing efforts. Although blogging will be one of the most effective marketing strategy but web 3.0 has starting making shifts in the way blogging is done. Not everyone is interested in reading the whole story these days due to lack of time availability. The smart way is to write the key points with the link of main blog in less than 200 characters. The good thing about micro blogs is that they can be updated from anywhere. One can update it via sending a text message only. Twitter is one of the best platforms for micro blogging.

2. VIRTUAL REALITY WORLDS: Virtual reality worlds are 3-D, Web-based communities that allow interaction among users and devices by way of the Internet. There are a variety of uses of virtual reality. The whole intent is to convince you and your mind that everything is real and you are actually there even though you are behind a computer.

Page 10: Innovation in advertisement using technology

The different things that can be done in a virtual environment are as follows: 1. You can arrange a meeting with a person that is far away physically. 2. If u need to visit a doctor. Go to the virtual clinic, turn on your camera and you are in

business. If you need some test runs, the doctor can order the nurse to your home or send you at- home testing supplies.

3. Instead of attending rock concert, check some shows in virtual world. You can get some avatars performing live and in a few cases live feeds of real rock concert.

4. Want to buy something? Go to virtual stores, meet the salesman; select the product and the product will be shipped to your home.

5. Want sales leads? Visit one of thousands of networking locations typically labelled as “networking lounges”

Virtual reality sites are the best place to advertise in the current changing scenario. Create virtual stores, service centres which can help in promotion of product. www.Secondlife.com is one of the best websites for this purpose. Other available options are: www.ActiveWorlds.com www.entropiauniverse.com www.There.com www.Kaneva.com www.Worlds.com

VIDEO ADVERTISEMENT:

We can still see a craze towards videos across the world. Everything has been transferred from text

and audio to video. Everyone wants to see things rather than reading and hearing them.Entertainment

factor, ease of use and almost everything is availaible . Due to these reasons the video industry iis

growing day by day. A major shift has taken place from physical dvd viewing to on demand viewing.

People do not have time to go to DVD shops and buy DVD, insead they turn on their computer and

watch something there. People can easily find videos for almost everything such as comedy, home

viseos ,concerns ,other genre of videos on the internet . One can sit in front of computer and watch

videos availaible on internet for hours.

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Due to all these reasons you tube is getiing famous day by day. Also one can easily find various tv

soaps, movie clips on you tube which he may have missed to watch.

Also due to the expansion in the bandwidth the quality of videos have also increased , now one can

easily find high defination videos on youtube which one can directly watch. So you tube has become a

very attractive option to advertise and is growing further by coming up with innovative ideas . One of

the main reason why youtube is so popular is because most of the content is user generated . So the

quantity of content already availaible on you tube is vast. And its increasing day by day.

There are various ways to advertise on youtube but the main 2 ways are:

1.VIRAL VIDEO:

Prepare a video which has some ingredient of general public interest such as comedy or any current

affair and present it in a way that people like it. Once it is being uploaded,the rest would be done by

people itself. If the video be good enough ,it will be a instant hit and will be recommended to see via

word of mouth.

2.ADVERTISE BEFORE VIDEO:

One can also prepare a small advertisement which will be shown before any hit video. This way your

advertisement will be noticed by the people watching the video.

Page 12: Innovation in advertisement using technology

REFERENCES: Marketing in the moment - MICHAEL TASNER The creative internet (106 things) http://en.wikipedia.org/wiki/Holographic_screen http://www.davesite.com/internet/webads.shtml http://smedio.com/2010/07/26/the-future-of-advertising-in-a-web-2-0-world/ http://en.wikipedia.org/wiki/In-game_advertising http://blogs.techrepublic.com.com/tech-news/?p=1194 http://www.powerhomebiz.com/vol118/admediums.htm http://www.gizmag.com/go/6764/ http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_bluebeam05.htm http://www.gizmag.com/go/3863/ http://en.wikipedia.org/wiki/Out-of-home_advertising http://www.rediff.com/money/2007/nov/08ad.htm http://www.newscientist.com/article/dn17424-innovation-when-advertising-meets-surveillance.html http://www.newscientist.com/article/dn11810-tracking-billboards-could-give-you-the-eyeball.html http://www.wall.de/en/press/creative_news/facetracking_sensor http://devilsworkshop.org/gender-recognition-system-for-targeted-web-advertizing/ http://www.computer.org/portal/web/csdl/doi/10.1109/ACV.2002.1182169 http://www.Secondlife.com http://www.chiefmartec.com/2008/11/disruptive-innovation-in-online-advertising.html http://en.wikipedia.org/wiki/Web_2.0#Web_3.0