Blog : Advertising Trends

The Top Trends for EOY 2022

Currently, we exist in the age of the trend – a world where attention spans are measured in nano-seconds. We live in a true walking contradiction in every sense of the word, where time and technology seem to be moving faster than ever before. 

There is no constant anymore, young grasshopper – there is only the trend. Honestly, we just exist in a world that’s more conducive to ideas, and innovation, with unlimited information at our fingertips. It’s a gift and a curse, but it does make for some amazing concepts – and some may actually stick. Maybe..

These are the top trends for EOY 2022..

1. Metaverse Real Estate

We’re in the age of the mobile app. First, we had Robinhood App…allowing all of us to trade, invest, and sell at the drop of a dime. Then, we ushered in the NFT.

And now, ladies and gentlemen, we have the Metaverse Real Estate. Reddit is rife with information and advice – and plenty of…blunt..opinions regarding this trend. 

Just so you’re up to speed – an NFT (nonfungible token) is a digital item that’s bought and housed within a virtual world or landscape. 

In the same manner, Metaverse real estate is acquired with crypto. After finalizing your purchase, you receive your deed or title – a piece of unique blockchain code. 

These transactions go through real-life property managers or brokers – seriously. Pick your metaverse platform and stake your claim – but be warned: There are no regulations, and no special certification is required. So, pick and choose wisely who you work with. 

2. EVs

Just a decade ago, EVs were still a prototype for most auto manufacturers. Now, they’re on the highways and streets of every state and city, continent and country – they’re everywhere. And apparently, they aren’t going anywhere anytime soon. With new legislation signed in California and other states following suit, many auto makers already have the wheels turning for plans to completely eliminate the manufacturing of fuel-powered vehicles. 

3. Selfie vs. POV

The selfie existed just fine – ruling the world of narcissism with an iron fist. There was even a selfie song. Then the selfie’s arch enemy, the POV, had to disrupt everything. In the end, it looks like there’s room for both, as the selfie is a young person’s game, and the POV is for all of us old timers over the ripe old age of 21. 

4. Permanent Remote Work

When Covid ushered in the single biggest change in our workforce in history, we’re not sure if anybody quite thought it was here to stay. But when many companies discovered the innovation it brought and other advantages – the remote worker became a permanent fixture. And it doesn’t look like it’s changing anytime soon. 

5. The Focus On Employee Wellness In the Workplace

This is another silver lining regarding the pandemic. When half the world was laid off, those who had no choice but to adapt and press forward discovered how empowered they could be as freelancers. Soon, those who had known nothing else but the hourly grind were transformed overnight into entrepreneurs – and making a pretty penny doing it. This allowed a large portion of the global workforce to collectively tell their bosses to take this job and shove it – or treat us better. And guess what? The corporate world obliged. Companies everywhere are rolling out new packages and programs that place more emphasis on employee wellness and appreciation. High five. 

6. Collaborative Technologies

With the explosion of remote workers came the sweeping deployment of collaborative technologies. Offices around the globe have left the cubicle and are currently Slacking, Microsoft Teaming, Google Workspacing, tweeting, ticking, and Zooming away. Who said the remote worker would kill the collaborative environment of most organizations? Another high five. 

7. Lead Agencies, Agency Tools, SaaS, etc. 

The fiery battle between marketers of cold, modern ad agencies, and other parties is extinguished. There is no separation of the old way and the new way – but instead a focus on the user. Just a year ago “content was king,” but now efforts are being placed on eliminating ad fatigue through unique creation, a clear message, and user intent. In other words, agencies must make good on their promises by reaching the target demographic like never before. 

Pricing and proofing aren’t the only items on the table during the initial negotiations with an agency. It’s hands-on now. We’re in the age of workshops, meetings with real experts in the field, and seminars – any way that a client can digest real knowledge and understand how their target audience is captured. Nowadays, it’s not about the bells and whistles – it’s about the relationship and the trust factor. The good guys are winning. 

8. SMS Marketing

Here’s the talk of personalization again. The balance of power has shifted to sending coupons, promotions, and messages that pull the hearts and strings of your customers. Even live conversations with “real people.” The intrusive “old way” has left the building and customers have the choice of opting out. We’re possibly in the most polite age of advertising and marketing that’s ever existed – and it’s working. 

9. Influencer Marketing

Partnering with the top influencers in your industry can expand your options to a MASSIVE pool of potential buyers. Just how big is influencer marketing? Try to the tune of $13 BILLION just since 2021. That’s a hell of a “trend.” But a new trend has emerged within a trend – the micro-influencer. Instead of hundreds of thousands of followers companies are leaning to influencers with 1,000 to 10,000 followers – and gaining a more intimate experience…and no doubt reaping the benefits. 

10. TikTok vs. YouTube Shorts

In the battle for capturing the minds of audiences with the shortest attention spans, the short-form video content battle is being waged between the behemoths of the industry – TikTok vs. YouTube Shorts. So far, TikTok seems to be winning. Now we also have IG Reels emerging as a third participant. Moving into 2023, it will be interesting to see which platform consumers, advertisers, and creators gravitate towards. This could get ugly. 

Colure Media is a New York based advertising and marketing agency. We can help your corporation gain exposure and increase revenue. If you are interested in exploring various marketing possibilities for your corporation, Contact us now.

Projected advertising revenue trends for 2016 – TV vs. Digital

Projected advertising revenue trends for 2016 – TV vs. Digital

As new types of mobile devices are introduced, digital advertising and mobile app marketing are projected top television advertising trends and revenue in 2016. Previous advertising trends are becoming mundane as new kinds of technology are introduced to the public. Smart watches and virtual reality goggles have made their way into the mainstream. Users of all demographics are excited about them. Shifting mediums equate to shifting advertising markets.

The way in which information is delivered will be a driving force for the future of digital advertising. Device users are devouring both the flexibility and the speed at which information is provided. The choice of format and flexibility is driving users to change their buying habits.

Millennials

Millennials, also know as Gen Y’s, will shift advertising trends more towards digital than television. Prior generations had to park themselves in front of the tube to get their fair share of publicity. Millennials are taking those mobile ads everywhere, in every format. Marketers need to move their ads to where their audiences are going. Millennials like to be involved in a brand and a product. Advertising agencies can use this type of behavior to their advantage. “Millennials want their agencies to stand for something more than pushing products on consumers.”

Predictions

Forecasting trends and predictions are showing digital advertising surpassing television advertising. “Digital media will continue its meteoric rise. Digital ad spending will grow 17.2 percent this year, to nearly $160 billion, and 13.5 percent in 2016, and is expected to overtake TV as the biggest advertising category by the end of 2017,” according to Sydney Ember of the New York Times. One reason for this is how often an individual uses their mobile device. Advertising companies have taken full advantage of habits of consumers by engaging them where they spend most of their attention.

New Mobile Devices

Smart watches and virtual reality goggles are two of the new mobile devices to make their debut in the market recently. For something as small as a smart watch, advertising companies have taken advantage of it. “Smart watches advertisers grab consumers’ attention immediately, no matter what they are doing.” Even though it is a small space, advertising companies have utilized the space to their benefit. They have the ability to keep their brand/image fresh in the consumers’ mind by being able to consistently display ads on the smart watch. Companies will have to discover the users’ boundaries, learning to not overly advertise and annoy a consumer. Even though the medium is ready and available, doesn’t mean it should be overused. Be engaging, but not bothersome.

A new mobile “toy” debuting this year is the “virtual reality goggles.” These goggles attach to most smartphones and allow for a virtual world to be seen through the goggles. What is expected to rise out of the virtual reality world is a new evolution of video ads. Even though video ads are not new, many still think of them as time-consuming and irrelevant. However, Google is incorporating video-based advertisements in their SERPs (Search Engine Results Pages), rather than just pictures and text. By doing this, consumers are more susceptible to accepting video ads. Eventually, those ads will be second nature to users, not perceived as the annoyance they may be viewed as today.

2016 is proving to be a very exciting year for digital advertising. Millennials have set the stage for mobile advertising and will continue to do so for years to come. They want to be involved in the ‘life-cycle’ of a brand. Millennials want to be engaging with companies. This generation will lead the direction of new trends in digital advertising. As new mobile devices introduced, they will become a gateway to how mobile advertising will surpass television advertising. We will just have to wait and see how virtual reality and smart watch advertising will affect the future.

Advertising Budgets 2016: 4 Trends You Need To Know [Infographic]
Infographic
by MDG Advertising