๐ช๐ต๐ ๐ถ๐ ๐ข๐ข๐ ๐ฃ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ๐ฟ๐ฒ๐ฑ
Out-of-home advertising is the oldest and traditional form of advertising. It remains a favorite amongst Gen-Y and Gen-Z audiences. While this may seem counterintuitive as the digital world occupies most of their time, however, a recent Kantar study report points out that their ad preferences do not reflect their habits.
With the advent of internet-based media like Google Ads, Facebook, Instagram, etc. there has been a growing debate on who will rule the roost between Outdoor Media and Internet-based Media.
Letโs find out why people still prefer traditional media channels over online advertising.
๐ญ.) ๐ฅ๐ฒ๐ฎ๐ฐ๐ต :
One of the primary benefits of OOH Media is โReachโ. Anyone passing by your billboards notices your ad. Unlike internet-based media, which is site-specific and at times people use โAd-Blockersโ to restrict the ads they view. An outdoor ad can be seen by a 5-year-old boy to an 80-year-old man.
๐ฎ.) ๐๐ณ๐ณ๐ผ๐ฟ๐ฑ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ :
OOH Media is cost-effective and generates a high return of investment (ROI). It is also one of the most convenient ways to increase your brand awareness. It has been observed that OOH has lowest cost per thousand impressions (CPM).
๐ฏ.) ๐๐น๐ฒ๐
๐ถ๐ฏ๐ถ๐น๐ถ๐๐ :
Customers are free to design the OOH to increase engagements. The advertisers have a blank canvas, and they have the ability to occupy the space in unorthodox ways which can extremely eye-catching to the viewers.
๐ฐ.) ๐ฅ๐ฒ๐ฝ๐ฒ๐ฎ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ :
A person going to the office every day and looking at the same billboards day-in day-out has a much higher chance of conversion to purchase than a person viewing the ad on the internet occasionally.
๐ฑ.) ๐๐ป๐ด๐ฎ๐ด๐ถ๐ป๐ด :
It is observed that people are more likely to click on an online ad if they have previously been exposed to OOH advertising for the same brand. In addition, OOH is used to direct people toward a particular website to drive purchases.
๐ฒ.) ๐๐ฟ๐ถ๐๐ฒ๐ ๐๐ฐ๐๐ถ๐ผ๐ป :
A Nielsen OOH Advertising study reported specific actions taken after seeing an OOH ad:
โข 21% visited a restaurant advertised
โข 16% immediately visited the business advertised with a directional ad
โข 20% watched a movie in the theater
โข 26% talked about the ad or product with others
โข 35% used mobile search to look up more information about the advertiser
Although Out-of-Home (OOH) media was amongst the most hit by pandemic (COVID-19) however with unlock happening country wide and people coming out like before there is significant revival in OOH space.
According to the Out of Home Advertising Association of America (OAAA) President Anna Bager, โOOH is one of the most impactful ways to reach consumers. OAAA-Harris Poll findings state that people are annoyed by sponsored digital media content and feeling digital device fatigue, and the results of this research with Comscore should send a clear signal to advertisers: OOH is a vital part of the media mix.โ
Most recent technological advances in the OOH space have made it more engaging for customers compared to Internet-based media. Some prominent trends seen are Digital Billboards, Interactive Billboards, 3D Billboards, Props at strategic locations befitting the brands, wallscapes, inflatable billboards, bus & aircraft advertising, street advertising, etc.
The market is competitive and with the attention span & retention rate decreasing, it is worthwhile for companies to invest in OOH media to stay relevant and competitive. Companies that understand the power of innovative OOH advertising ideas can achieve their marketing goals faster.