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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Alternative route to advertise

We all love social media and know how it’s helping companies leveraging their markets share by advertisement everyday but the truth is something else.

 According to 2015 Social Media Marketing Industry Report, the truth has been revealed:

• Only 45% of Facebook marketers feel their efforts are effective

• Only 42% of marketers believe they can accurately measure their social media results

 

But advertisers can choose an alternative route to promote their product which are as follows 

1. Retail Checkout Lines

2.  Mobile

3. Email advertisement 

To know more, please read the article written by Liesha Petrovich at The Huffington Post -: http://www.huffingtonpost.com/entry/3-places-to-put-your-mark_b_9821980.html?section=india

 

 

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Three user generated content mistakes you need to stay away from

The way of taking a decision to buy a product has been changed. Now customers prefer and trust visual content that comes from real people over other forms of advertisements. It's an easy job for the company to 'like,' 'comment,' and share the photos customers post about their brand on social media. Juliet Carnoy (marketing manager at Pixlee) writes in her article about three user-generated content pitfalls they need to stay away from. These are: 1. don't forget to permit content, 2. don't feature only a subset of your customers, and 3. don't close off conversations. There are numerous benefits for incorporating user-generated content. Any brand can easily achieve great results by avoiding above mentioned mistakes. Read more at:http://www.socialmediatoday.com/marketing/3-user-generated-content-marketing-mistakes-avoid

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Does marketing tech fulfill their promise?

The goal of marketing technology is to deliver "the right message to the right customer or audience at the right time," says Jake Sorofman, research vice president at Gartner. Marketing technology has evolved into a combination of complex software and data. Tools which are used today with marketing technology also create new complexities and difficulties. It can't solve the ad- waste dilemma. This means that the marketing team wastes billions of dollars on digital ads that no one sees. Marketing tech can't tell about the impact an advertisement had about the brand to the viewer. Read the complete article here: http://www.cio.com/article/3024934/marketing/how-and-why-marketing-tech-fails-to-deliver-on-its-promise.html

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How ad tech and marketing tech are different from each other?

There is a lot of confusion building around marketing tech and ad tech. Are they same or different? There are minute differences between the two. Let's see what they are. Marketing technology comprises of tools that manage marketing processes, customer analytics, digital content and workflows. It covers all aspects of marketing, SEO, and even ad tech. It is basically the understanding the customer and optimizing data science around them. Programmatic buying and selling of advertisements are referred as ad tech. Both of these technologies also share many similarities. Read the complete article here:  http://www.itworld.com/article/3030325/marketing/what-the-hell-is-the-difference-between-ad-tech-and-marketing-tech.html

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Why so few viewers of TV ads?

Nowadays, Marketers are re-examining the role of TV advertisement in digital age for making budget modification, as very few are tuning in TV to watch your ads. The number of Youtube viewers are increasing marketers are blending it and new viewing trends to learn new ways of drawing customers. The first driver of Youtube visitors is it  variety of content such are mash-up of memorable events, movies trailers etc. This has lead many personalities to entertain online which are rather becoming more famous among viewers according to a survey. Secondly, Youtube is gaining respect in media industry as it garners credibility to views as reach metrics Third drivers has to be the cord- cutting movement as people are purchasing digital programs instead of cable or satellite which offers them the flexibility of when and what to watch along with engaging in their other important business simultaneously. Moreover, these viewers preference offers analytics opportunities to understand the changing trends in peoples preferences. Read more at :- http://www.cmswire.com/digital-experience/are-you-really-reaching-customers-with-tv-ads/

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How Big Data is Advancing Programmatic Advertising

While data has always played a part in ad campaigns-like whether a potential customer was more likely to see an ad on billboards, TV, or radio-big data has enabled a new era of advertising. With the advent of big data, brands can finally turn to actual numbers and metrics to make decisions-and use technology to help automate those decisions. Specifically, the programmatic advertising industry has deployed big data technologies so that companies and brands can be more precise about who exactly they're targeting. They can rely on exact data generated from GPS on mobile devices, social networks, actual purchasing behavior, and direct customer contacts, and analyze it to pinpoint their target audience. By analyzing this diverse data stream along with 1st-party advertiser data, we can play the right advertisement at the right time for the right person. It’s no longer a question of whether or not you want to utilize big data—it’s a question of how you utilize it.
For more information visit:
https://www.mapr.com/blog/how-big-data-advancing-programmatic-advertising#.Vb-xSPmqqko

 

 

 

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Advertising and technology relationship: A study

“Radio, television and internet-enables computers in the 20th century created an increase in option of media channels for brands.”- Christopher Heine (Digital Editor for Adweek)
Disruption and fragmentation are causing cracks between those who make platforms and those who hold the purse strings to ad budgets. Five statements from major industry players that help them to build a good marketing strategy:
• People, let's be real here.
• More native may mean more friction.
• The pace of change nowadays can be insane for creatives.
• The good news is that progress is being made.
• Everyone’s bottom line depends on this working out.
Read more at: http://www.adweek.com/news/technology/5-intriguing-takes-advertising-and-technologys-relationship-status-165409

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