Download - Key Digital Terminologies in 2015
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KEY DIGITAL TERMINOLOGIES
2015
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PROGRAMMATIC MEDIA BUYING
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HOW IT WORKS
Programmatic' s large-scale automation allows marketers to use customer data to better create, optimize, and target cross-channel ads
Companies like Mondelez International in the U.K. - which markets snack brands like Trident, Tang, and Oreo - are already using programmatic to place all video ads, in this case with the help of video ad software company TubeMogul
How it works: https://www.youtube.com/watch?v=Bh7wQKiS_B8
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REAL-TIME MARKETING
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HOW IT WORKS
Real-time marketing ranges from mobile advertising that uses GPS and beacon technology to deliver location-based ads to customizing campaigns based on what's trending for a brand's audience
It requires marketing organizations to evolve and accelerate editorial and message approval practices
The crux of it is to stay relevant and strike the right tone
Examples: Fun Mango employs real-time marketing: https://www.youtube.com/watch?v=pl7wHkIJ16Y
Oreo’s Big Super Bowl Real-Time Ad Moment: https://www.youtube.com/watch?v=WQ42PJgu104
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INTERACTIVE NATIVE ADVERTISING
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HOW IT WORKS
Native advertising, when combined with interactive features which enables user to interact with the ad, results in a powerful tool for communicating the message
It has a high recall value due to interaction with user
Example: M&M’s Find Red Campaign: https://www.youtube.com/watch?v=_pXX277TKzw
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AUGMENTED REALITY & WEARABLE TECHNOLOGY
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HOW IT WORKS
Augmented reality bridges the gap between the online and offline experience
Wearable technology, especially when plugged in with augmented reality, will create a completely new kind of environment with which the user can interact
Example: Ikea’s catalogue uses augmented reality:
https://www.youtube.com/watch?v=vDNzTasuYEw
Thermal Touch is a vision of the future which plugs in wearable technology: https://www.youtube.com/watch?v=t1HmYNqp8NM
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NEAR FIELD COMMUNICATION & RADIO FREQUENCY
IDENTIFICATION
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HOW IT WORKS
NFC is a set of ideas and technology that enables smartphones and other devices to establish radio communication with each other by touching them together or bringing them into proximity, typically a distance of 10 cm or less
RFID is wireless use of electromagnetic fields to transfer data, for the purposes of automatically identifying and tracking tags attached to objects. The tags contain electronically stored information
Example: Hotels connect Facebook with tech wrist bands:
https://www.youtube.com/watch?v=iPnktJ0lKKE
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BIG DATA
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HOW IT WORKS
Big Data is an all-encompassing term for any collection of data sets so large or complex that it becomes difficult to process using traditional data processing applications. The challenges include analysis, capture, curation, search, sharing, storage, transfer, visualization, and privacy violations
Example: Big data use in finance sector: https://www.youtube.com/watch?v=wmuG3nU9fiY
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HYPERLOCAL
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HOW IT WORKS
Hyperlocal = local community
A very specific area, very close to home (or, your place of business.) Examples include: the people in your office, local park, driving down main street, and everyone else within walking or driving distance to a particular destination, or, that are united somehow into one identifiable community.
Example: Hyperlocal apps: Tinder, Uber, Zomato
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