Can Facebook do it? They have beaten Google in web traffic, but the monetization piece is still a long way to go.
Having said that, Google admits the importance of social and has shared their insights/future of digital advertising.
- 50 percent of ad campaigns will include video ads bought on a cost-per-view basis (that means that the user will choose whether to watch the ad or not, and the advertiser will only pay if the user watches). That’s up from very little today.
- In 2015, 50 percent of display ads will be bought using this real-time technology.
- With smartphone growth skyrocketing, mobile is going be the number one screen through which users engage with advertisers’ digital brands.
- Today, the “click” is the most important way that advertisers measure their display ad campaigns, but it’s not always the best measure—especially if an ad campaign is designed to boost things like brand awareness or recall. With new measurement technologies emerging, in five years, there will be five metrics that advertisers commonly regard as more important than the click.
- Just like most news articles on the web today can be commented on, shared, discussed, subscribed to and recommended, in 2015, 75 percent of ads on the web will be “social” in nature—across dozens of formats, sites and social communities.
- Rich media formats work. They enable great creativity and interaction between users and advertisers, but today they only represent about 6 percent of total display ad impressions. That will increase to 50 percent, for brand-building ad campaigns.
- All the investments that are making display advertising smarter and sexier will help publishers increase their revenues. Display advertising is going to grow to a $50 billion industry in five years.
Digital advertising industry is set for a big change and lets hope Google gets to play the ‘social’ role (along with Facebook and Twitter).
What’s your take?