Dive Insight:
Messaging's importance for marketing continues to increase, and such attention by one of the leading digital advertising organizations underscores just how important this area is heading into 2017. As messaging apps take on a larger role in consumers' lives, the group is looking at accelerating advertiser interest in the messaging space.
Messaging engagements are a unique and new way to reach consumers, which is way many marketers are moving carefully. A key takeaway from the report is that the time is now to start planning a messaging strategy. Messaging also continues to expand to new platforms and with new features, and as the focus intensifies, additional innovation is likely. The big platforms like Messenger, WhatsApp and others are looking at ways to keep users within the app and still be able to accomplish things like finding a restaurant, purchasing movie tickets and more.
"Messaging today is very similar to where traditional social media was in 2007/08," said Evan Wray, co-founder and VP at Swyft Media, in the IAB report. "Brands know that there are hundreds of millions/billions of highly engaged users, but these brands are still trying to figure out exactly how to engage these users effectively. This is a massive opportunity for first movers in the message, just like there was in 2007/08 for those brands that took advantage of social."
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